How to Buy THORChain (RUNE)
Learn all about Buy THORChain
Price of THORChain Today (24h)$0.384
-3.03%THORChain (RUNE) is the cosmos-ecosystem related token that has been embraced by crypto enthusiasts and investors since its launch. It is currently ranked number 160 based on market capitalization on CoinMarketCap, with a market capitalization of 140568983 recorded at the time of writing. RUNE has been gaining momentum alongside the flourishing cryptocurrency market this year. More and more people are becoming interested in THORChain. They wish to invest or purchase THORChain (RUNE), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing THORChain. Regardless of your location, Bitrue can provide you with a simple and secure way to buy RUNE.
Where and how to buy THORChain
When it comes to purchasing THORChain (RUNE), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy THORChain in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased RUNE will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy THORChain (RUNE) through Bitrue.
Steps to Buy THORChain (RUNE)
01Step 1 Create a Bitrue Account
- - Register through the official website, Bitrue.com.
- - Download the Bitrue App and complete the registration process.
- After successfully registering your Bitrue account, follow the security prompts on the website or app to enable Google 2FA for account dynamic verification.
02Step 2 Complete KYC Verification
Visit the identity verification page on the Bitrue official website or app, select your country or region, upload valid identification documents, and submit a selfie. Once the identity verification is successful, you will receive a notification.
03Step 3 Choose the method to Buy THORChain (RUNE)
Buy THORChain through Spot Markets
- Note: Currently, the most popular THORChain spot trading pairs include RUNE/USDT and RUNE/USDC. Before purchasing THORChain (RUNE) in the spot market, please ensure that your Bitrue wallet has a sufficient amount of cryptocurrencies (e.g. USDT, USDC). If your account does not have enough cryptocurrencies, you will need to recharge your Bitrue account.
- 1. Click on "Trade" -> "Spot" on the Bitrue official website or app.
- 2. Select THORChain (RUNE) from the list of cryptocurrencies.
- 3. Enter the quantity of RUNE you want to purchase, either at the market price or set a target price for buying THORChain.
- 4. Confirm the purchase order.
- 5. Transaction completed.
- If Bitrue exchange currently does not support the above methods for purchasing THORChain (RUNE), users can only deposit RUNE assets into their Bitrue accounts through a cryptocurrency wallet or choose a decentralized exchange (DEX) that supports RUNE trading pairs for purchasing.
04Step 4 Successful Purchase
- The purchased THORChain assets are stored by default in your Bitrue cryptocurrency wallet or trading account. You can use Bitrue to trade other cryptocurrencies, stake for passive income, or withdraw it to an external THORChain cryptocurrency wallet.
- Note: If you have not received your THORChain (RUNE), visit the help center or contact online customer support for assistance.
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Alternative methods to acquire THORChain
Apart from directly buying THORChain (RUNE), what are the alternative methods to acquire THORChain ?
Fixed Auto-Investment in RUNE
Regularly invest a fixed amount at scheduled intervals in THORChain (RUNE) digital assets, enjoying both short-term returns and long-term benefits.
Staking RUNE
Flexible staking of THORChain (RUNE) digital assets to earn interest or high returns in other cryptocurrencies.
Get THORChain (RUNE) for free
If you have enough time, you can obtain THORChain for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free THORChain (RUNE).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free THORChain.
- All cryptocurrency airdrops and rewards can be exchanged for RUNE through coin-to-coin exchange or spot trading.
How to keep your THORChain safe and secure
Once you have purchased THORChain, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store THORChain and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain THORChain wallets, you also have the option to store THORChain (RUNE) separately in a personal encrypted wallet. This wallet serves to keep your THORChain secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your THORChain, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your THORChain encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
Why Bitrue is the Best Platform for Buying THORChain (RUNE)
User-friendly Interface
Trading cryptocurrencies on Bitrue is a breeze, requiring just a few simple steps to instantly purchase THORChain.
Swift Deposits and Withdrawals
Our efficient real-time trading system ensures your THORChain assets are instantly depositable and withdrawable.
Security and Stability
With dual-factor authentication, multi-signature support, and cold-hot wallet segregation technology, we ensure the systematic security of THORChain.
Get RUNE with Bitrue
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Some market stats about RUNE
Price Analysis
RUNETHORChain Price Now:
$0.384-3.03%24H
THORChain is falling this week.
The price of THORChain has dropped by -12.21% in the last 7 days. It has seen a -3.03% decrease in the past 24 hours and a 0% increase in just the last hour. The current price is $0.384 per RUNE. THORChain is dropped -96.4% from its all-time high of $10.78.
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Calculate the Returns on Your THORChain Investment
How much profit would I have if I bought $ worth of THORChain in ?
CalculateReturns based on the average THORChain price for that year. Not financial advice.
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How to buy other cryptocurrencies
There are lots of ways to buy, swap, and convert crypto. Learn more about how you can do it all using Bitrue with our how to buy crypto guide.
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FAQ About Buy Crypto
What is THORChain?
THORChain (RUNE) is a cryptocurrency launched in 2018and operates on the BNB Beacon Chain (BEP2) platform. THORChain has a current supply of 334,937,974.91478544 with 330,688,061.33445597 in circulation. The last known price of THORChain is 1.64521374 USD and is down -0.12 over the last 24 hours. It is currently trading on 102 active market(s) with $34,014,026.29 traded over the last 24 hours. More information can be found at https://thorchain.org/.
How many THORChain are there in total?
The total supply of THORChain is 424,895,677 and the Circulating Supply is 350,691,124 .
Why are people buying THORChain?
People buy THORChain for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, THORChain serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing THORChain include investment, risk diversification, and trust in new digital assets.
Where is the preferred place to buy THORChain?
Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase RUNE.
Should I buy THORChain?
Deciding whether to buy THORChain depends on individual financial goals, risk tolerance, and understanding of the digital asset market. THORChain investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying THORChain (RUNE) may be a suitable investment choice. However, remember that all investments come with risks.
Can I use cash to buy THORChain?
Generally, buying THORChain digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.
How much does it cost to buy 10 RUNE?
To purchase 10 RUNE, the cost in USD would be $3.84.
What are the fees for buying THORChain?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies here.
How to use Apple Pay to buy RUNE?
Currently, Bitrue does not support purchasing RUNE or adding fiat currency using Apple Pay.
How to use Google Pay to buy RUNE?
Currently, Bitrue does not support purchasing RUNE or adding fiat currency using Google Pay.
How to use Paypal to buy RUNE?
Currently, Bitrue does not support purchasing RUNE or adding fiat currency using Paypal.
What can I do with THORChain?
You can use THORChain to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
How to sell my THORChain?
If your Bitrue wallet does not hold THORChain, you need to deposit RUNE into your Bitrue account. If you already have RUNE, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of RUNE you want to sell, select the selling price, confirm the sell order, and once your RUNE is successfully sold, you can withdraw funds to your set bank account or other payment methods.
Can I purchase THORChain (RUNE) worth 1 US dollar?
In theory, THORChain (RUNE) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for RUNE is 10 US dollars.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.
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