How to Buy Fetch.ai (FET) in 2024
Fetch.ai is a blockchain network that sets out to advance machine learning by rewarding individuals for sharing their user data with its AI agents.
The project aims to automate and connect a range of sectors –– from shipping to energy –– in a world that is increasingly becoming defined by the internet of things (IoT), an industry estimated to be worth at least a trillion dollars by 2025.
FET is the native token of Fetch.ai and is used to carry out all transactions on its AI-powered network. Keep reading to find out why Fetch.ai could be the next big thing in the crypto space and learn how you can buy FET in a few simple steps.
How to Buy Fetch.ai
The easiest way to buy Fetch.ai is to purchase it online from a crypto exchange. Exchanges make it easy to buy and sell Fetch.ai and other cryptocurrencies directly from your smartphone, tablet or computer. Check out our recommended platforms below and follow the steps to safely buy Fetch.ai.
1. Choose a platform
You should sign-up with a crypto exchange that is known for its data security standards, low transaction costs, and ease of use. You can find some of the best platforms to buy Fetch.ai on the basis of all this below.
2. Create and fund your account
You will need to provide some form of photo ID and proof of residence so that you can verify your identity, and create your account. After this, you can fund your account using various payment methods that include Mastercard, PayPal, and Visa.
3. Buy Fetch.ai
You can buy Fetch.ai by selecting the trading pair that best matches the fiat currency in your account. For example, if you live in the US, you will probably be looking to select the FET/USD trading pair.
Where to Buy Fetch.ai?
You can buy Fetch.ai on a number of platforms because of its simmering appeal among investors. Here are some of the best platforms where you can buy Fetch.ai with regard to the user experience, low costs, and security standards they have to offer.
Things to Consider When Buying Fetch.ai
Before you buy Fetch.ai, it is important to carry out your own research on the innovative project and its roadmap. Below, we have put together some factors that may help you reach a decision on whether you should buy Fetch.ai.
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Introducing AI to Blockchain Technology. Fetch.ai seeks to leverage user data to create a world where automated solar panels can think for themselves to reduce energy wastage on the one hand and automated vehicles can communicate with one another to avoid congestion on the other.
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Finite Supply. The maximum supply of FET available for purchase is capped at 115 billion tokens. Unlike a number of other cryptos, this means that rising demand for Fetch.ai in the future could create a supply crunch; causing the value of FET to appreciate.
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Groundbreaking Partnerships. Fetch.ai has secured partnerships with a number of industry leaders, such as with the esports giant Immortals. It has also tied up with food and beverage companies looking to shore up their supply chains by relying on Fetch.ai’s decentralised network of data sharing and AI capabilities.