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How to Buy Serum (SRM) in 2023

Serum Logo Serum (SRM)
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Serum leverages Solana’s blockchain to make decentralised finance (DeFi) faster, cheaper, and more powerful. A diverse range of trading products and applications can be built with Serum to offer traders more flexibility. This page will show you how to buy the project’s token—SRM.

How to Buy Serum

If you’re looking for a simple way to buy Serum, all you need to do is sign up with a crypto exchange. You can access it online with a computer, smartphone, or tablet to quickly buy and sell Serum and a range of other cryptocurrencies. The best platforms are listed below as well as a quick step-by-step guide on purchasing Serum.

1. Choose a platform

To start with, find a broker or exchange where you will be able to buy SRM. Make sure that your chosen platform is safe to use and easy to navigate. This shouldn’t be difficult—you can find a shortlist of suitable platforms in the next section or simply register right now with our top recommendations.

1
Min. Deposit
$ 1
Promotion
User Score
5
Buy, Sell, and Trade Cryptocurrencies
Trade over 130 cryptocurrencies with low trading fees
We use state-of-the-art storage technology to protect your cryptocurrency and USD assets
Start Trading
Description:
Binance.US provides secure and reliable access to the world’s most popular cryptocurrencies, with some of the lowest fees in the industry.
Payment Methods:
ACH, Apple Pay, Debit Card, Wire Transfer
Full Regulations:
2
Min. Deposit
$ 1
Promotion
User Score
4.6
India's most trusted bitcoin & cryptocurrency exchange
Buy & sell bitcoin with zero fees
The WarziX referral programme gives opportunity for you to earn 50% as reward of every trading fee paid by your friends on WarziX
Start Trading
Description:
WazirX is India's largest crypto exchange. Started in 2018, WazirX has grown to be the most trusted exchange in the Indian crypto market. It is a part of the binance group, serving users in 180 countries.
Payment Methods:
Full Regulations:
3
Min. Deposit
$ 0
Promotion
User Score
4.55
All swaps are custody-free, with no registration needed
Convert 500+ crypto assets instantly
Best exchange rates among the whole cryptocurrency market
Start Trading
Description:
Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.
Payment Methods:
Full Regulations:

2. Create and fund your account 

To set up your account, you will need to fill in some personal information on the registration form, as well as provide a photo ID if the platform has a KYC process. Then you can find out which payment methods are available in your country on the deposit page. Pick one to fund your account.

3. Buy Serum

Go to the trading pair for SRM and your local currency, if there is one. If not, you will first need to buy a currency that can be traded against SRM, such as BTC or USDT. If you want to buy immediately, create a market order. You can also use a limit order to buy at a specified future price.

Table of Contents

Where to Buy Serum?

There is an ever-growing number of crypto platforms available, but look for a reputable and regulated one if you want to keep your funds safe. To make things easier, we’ve already shortlisted the best platforms that offer SRM below.

1
Min. Deposit
$ 1
Promotion
User Score
5
Buy, Sell, and Trade Cryptocurrencies
Trade over 130 cryptocurrencies with low trading fees
We use state-of-the-art storage technology to protect your cryptocurrency and USD assets
Start Trading
Description:
Binance.US provides secure and reliable access to the world’s most popular cryptocurrencies, with some of the lowest fees in the industry.
Payment Methods:
ACH, Apple Pay, Debit Card, Wire Transfer
Full Regulations:
2
Min. Deposit
$ 1
Promotion
User Score
4.6
India's most trusted bitcoin & cryptocurrency exchange
Buy & sell bitcoin with zero fees
The WarziX referral programme gives opportunity for you to earn 50% as reward of every trading fee paid by your friends on WarziX
Start Trading
Description:
WazirX is India's largest crypto exchange. Started in 2018, WazirX has grown to be the most trusted exchange in the Indian crypto market. It is a part of the binance group, serving users in 180 countries.
Payment Methods:
Full Regulations:
3
Min. Deposit
$ 0
Promotion
User Score
4.55
All swaps are custody-free, with no registration needed
Convert 500+ crypto assets instantly
Best exchange rates among the whole cryptocurrency market
Start Trading
Description:
Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.
Payment Methods:
Full Regulations:
4
Min. Deposit
$ 5
Promotion
User Score
4.5
Combines a user-friendly platform and low fees
Largest digital asset exchange in the Netherlands  
Trade over 50 digital assets and pay a maximum trading fee of 0.25%
Start Trading
Description:
The Bitvavo platform was launched in 2018, with the goal to bridge the gap between traditional currencies and digital assets. Bitvavo is making digital assets accessible to everyone, by offering transparent fees, a wide range of assets and an easy to use platform.
Payment Methods:
Credit Card, Debit Card
Full Regulations:
5
Min. Deposit
-
Promotion
User Score
4.5
Global new first-tier exchange
Supervision and audit from third-party institutions
Operating through multiple platform terminals
Start Trading
Description:
BKEX is a centralized cryptocurrency exchange located in British Virgin Islands. There are 254 coins and 415 trading pairs on the exchange.
Payment Methods:
Full Regulations:

Things to Consider When Buying Serum

Before you buy SRM, make sure you understand what the project has to offer and why its token could be valuable. Some points worth considering are listed below.

  • Multiple Utilities. There are a number of uses of SRM within the Serum ecosystem: it provides fee reductions on Serum, it can be staked to earn rewards, and it will provide on-chain governance over all net revenues the platform generates. These utilities drive demand and demonstrate the value of SRM.

  • Positive Token Economics. As well as demand, there are also factors influencing SRM supply. SRM sold in presales will unlock over several years, incentivising long-term support for the project. Holders moved some of their tokens into reserves to reduce the circulating supply and the project regularly buys back tokens and destroys them permanently. This shrinking supply could make SRM more valuable.

  • Strong Support. The high speeds and low transaction costs Serum offers have made the project popular with users. Serum’s advisors comprise experts from across the crypto space and the project is backed by the Solana Foundation, Alameda Research, and FTX.

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