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.
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.
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.
Most Popular 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 more info 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 more info 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 more info 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:
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.
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.
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.
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.