April 20, 2022

How and Where to Buy Raydium in the UK

What is Raydium?

Raydium is a decentralized exchange that uses the Automatic Market Maker mechanism and runs on the Solana network. In addition to the exchange, the Raydium Team is developing the AcceleRaytor launchpad.

RAY is a native token of the Raydium project, and can be used for investing, trading, exchanging currencies, staking, stimulating liquidity pools, building your project on DeFi.

How to buy Raydium (RAY)

In general, the process of buying a crypto token is simple:

  • Step 1 — Sign up at Binance
  • Step 2 — Fund your account
  • Step 3 — Buy cryptocurrency

Exchange Name:

Binance

Deposit Methods:

Cryptocurrency
Credit card
Debit card
Simplex
Koinal

Fiat currencies:

USD, AUD, EUR, GBP, NZD, CZK + 46 others

Coins Supported:

BTC, ETH, LTC, XRP, LINK, BNB, TRX + 181 others

Buy RAY at Binance (click to expand )

How to register on the Binance exchange 

To conduct transactions on the exchange Binance, you need to create an account.

  • To do this on the main page of Binance, press the Register button
Register
  • Before continuing, you need to specify the country/region of residence, then press Confirm
Where do you live
  • Then click Create Personal Account
Create Personal Account

Create an account:

Create an account
  • Enter email
  • Create strong password
  • Accept Binance terms of service
  • Click create account

You will also need to activate your account: to do this, go to the email and find the 6-digit confirmation code in the letter from Binance, which you specify on the site. After that, the system will redirect a new user to a personal account.

Account verification
Welcome to Binance

How to get verified on Binance

Passing the verified and extended verification opens more trading opportunities for the trader. Let's look at what they are.

Stage 1 verification (confirmed)

Stage 1 verification (confirmed)

To pass the 1st stage of verification:

  • Click on the profile icon in your personal cabinet and select the Verification tab;
  • In the confirmed column, click Start;
Verify Your Account
  • Specify the country of issue and select the document to be used for verification, then click Continue;
Select Country of Residence
  • After entering personal information about yourself and click further
Personal Information
  • Next, you need to take a photo of the document, select take a photo;
Image
  • Take a photo that meets the requirements and click continue;
  • The next step is to go through the facial recognition procedure: you will need to take and upload selfies;
Facial Recognition
  • Next, you will need to complete the verification process on your mobile device: go to the Binance app and follow the instructions;
  • After the verification on your phone is complete, click I completed the process on my phone;
Completing facial recognition
  • In the new window, we will be informed that the application is under consideration and its result will be sent to the email address linked to the exchange. Click OK.

Processing time for verified verification: up to 10 days.

PLUS extended verification

Having completed the basic verification, the trader can go through the extended verification. For this, the trader will be required to provide the necessary documents with their residential address.

The advantage of the PLUS verification on Binance is the extended deposit and withdrawal limit in fiat: up to $200,000 per day.

To pass the extended verification, select the Verification tab in your personal cabinet, in the new window — Verification PLUS — start. And follow the instructions.

Term of consideration of application for extended verification: up to 10 days.

How to buy RAY with a card

From the home page, find the Buy Crypto tab, select Credit/Debit Card from the drop-down list 

How to buy SAND with a card

Next, specify the amount of RAY you wish to buy and press Continue

Adding a new card

Add New Card

Confirm payment and buy RAY

How to buy Raydium on the market

To buy RAY on the market, click on Trader and select Classic

How to buy MANA on the market

Then choose a trading pair, for example if you have USDT on your balance you can buy RAY for USDT, to do this choose the trading pair RAY/USDT

RAY/USDT

Now we can start buying Raydium.

There are 3 types of orders on Binance — limit, market, stop-limit.

To buy RAY through limit order, you must set the price at which we want to buy a coin, to do this in the field Price set the order price, in the amount field set the number of tokens that we would like to buy. Thereafter, the total field will show the amount of USDT needed to buy RAY tokens.
Then you need to press Buy RAY and your order will be placed in Open order.

You can also buy RAY through market-order, to accomplish that, simply enter the necessary number of tokens into the amount field and click Buy RAY, thus you will immediately buy Raydium at the current market price.

The next type of order is a stop-limit order. To use it, you need to set the stop price at which you want to buy the token, and in the limit field the maximum price at which you are willing to buy it.

How to exchange any coin for RAY

To exchange any coin for RAY, select Trade → Convert in the menu 

How to exchange any coin for MANA

Then in the From field select a cryptocurrency which is available, for example Ethereum, in the To field select RAY. Then enter the amount of RAY we want to exchange into RAY.

Once you have entered the required data, Preview Conversion will appear. If the values you entered are correct, and you are satisfied, click on Convert and RAY will be deposited into your wallet.

Exchange Name:

Gate.io

Deposit Methods:

Cryptocurrency

Fiat currencies:

No

Coins Supported:

Bitcoin, Ethereum, Litecoin, USDT, XMR, DAI, BCH, others

Raydium overview

Genesis Date

Market Cap Rank

191

Market Capitalization

174,059,000 GBP

Current Price

1.92

Available Supply

555,000,000

Circulating Supply

90,655,600

Max Coin Supply

555,000,000

Raydium Price History

24 Hours Trading volume

23,766,000 GBP

24 Hours Trading volume change

78.3%

24 Hours Low

1.79 GBP

24 Hours High

1.93 GBP

24 Hours Price Change

7.3%

7 Days Low

1.75764 GBP

7 Days High

1.93293 GBP

7 Days Price Change

3.3%

30 Days Low

1.75764 GBP

30 Days High

2.83274 GBP

30 Days Price Change

-25.9%

90 Days Low

1.75764 GBP

90 Days High

5.80955 GBP

90 Days Price Change

-66.5%

1 Year Low

1.75764 GBP

1 Year High

5.80955 GBP

1 Year Price Change

-75.1%

Where to Store Raydium

As Raydium runs on the Solana network, a compatible web wallet such as Phantom is needed to store RAY tokens. 

Ledger hardware wallets also support the Solana network when connected to a Phantom wallet.

Phantom is a decentralized cryptocurrency wallet for the Solana network that allows the user to send, receive and exchange cryptocurrency with full control over their keys. Phantom generates passwords and keys directly on the device, so only the owner has access to their funds and sensitive information.

Ledger was founded in 2014 and is a leading manufacturer of secure cryptocurrency storage devices. Two of the company's best-known products are the Ledger Nano S and Ledger Nano X hardware wallets.

How to Trade Raydium

You can trade RAY tokens on special trading platforms. The most popular ones today are Bitcoin Era, Bitcoin Revolution and Bitcoin Superstar. They offer their users a wide range of services.

BitcoinEra Logo

Min Deposit

$250

Exclusive promotion

Ranking

9.5

Bitcoin Era is an AI-powered trading system that provides automated cryptocurrency investment services for the sake of gaining profit. The platform is backed up by algorithmic analysis that ensures a high level of accuracy. However, you can also apply customized parameters and abandon auto-trading.

Bitcoin Revolution logo

Min Deposit

$250

Exclusive promotion

Ranking

9.0

Bitcoin Revolution is a live trading platform with automated trading functionality. The platform is fairly new - it was launched in 2017. Over the last few years, it has managed to build a good reputation, although some hurdles were faced along the way.

Logo of Bitcoin Superstar

Min Deposit

$250

Exclusive promotion

Ranking

8.5

Bitcoin Superstar is an automated trading technology based on algorithms to determine which options will guarantee positive results in a risk-aversive approach and develop effective strategies.

FAQ

How can beginners buy Raydium in the UK?

The easiest way to buy RAY tokens for a newcomer is to use a cryptocurrency exchange. For example, Binance.

What is the safest way to buy Raydium?

The safest option for purchasing RAY tokens is to buy them on a regulated cryptocurrency exchange.

What is the minimum amount to invest in Raydium?

Although at the time of writing the price of the RAY token is £2.18, it is predicted to be worth up to a hundred pounds in the next few years. Therefore, if Raydium is to be seen as a long-term investment, it makes sense to invest at least £1000.

Is Raydium a good investment in 2022?

Raydium could be a good investment in 2022. The Solana network is steadily gaining popularity due to the fact that its fees are significantly lower than those of the Ethereum network. Raydium also has well-designed tokenomics, so it's worth considering this token as an investment.

How to invest in Raydium?

To invest in a RAY token thanks to a financial advisor, you need to decide on an investment amount, choose a cryptocurrency exchange, register on it and purchase tokens.

Where is the best place to buy Raydium?

Raydium is constantly listing its token on different platforms. The RAY token is traded on leading cryptocurrency exchanges. 

Disclaimer

Cryptocurrency trading is a high-risk investment that is not appropriate for all investors. Before you decide to trade cryptocurrencies, think about your financial goals, level of knowledge, and risk tolerance. Furthermore, you should not invest money that you cannot afford to lose because there is a chance you will lose some or all of your initial investment.

You should be aware of all the dangers of cryptocurrency trading and get financial counsel from someone who is not affiliated with any cryptocurrency exchange. This website's opinions, news, research, analysis, pricing, and other information are offered solely for educational purposes and do not represent investment advice.

Thank you so much for reading!

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Jack Evans


I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments.
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