You can buy Strong coin on any of the following exchanges.
- Uniswap v2
It was super easy to find these. All I did was search for STRONG on coinmarketcap.com. When you scroll down it tells what exchanges a token trades on.
It looks like this:
All of those exchanges, apart from Uniswap, are centralized.
I you are a rookie trader I recommend you start with a centralized exchange.
Actually, a centralized exchange is the only way to convert the money in your bank account into crypto. Uniswap does not have a fiat on-ramp system in place yet.
You can usually make a bank transfer to the exchange or use your credit card (for a higher fee).
Out of the exchanges listed here I have used KuCoin and Gate.io. Both offer a pretty similar experience.
You may need to upload some credentials like a passport photo or utility bill to verify your identity.
Here is how it works on KuCoin.
Steps to buy STRONG coin
Step 1: Sign-up
Follow the sign-up process on their site to set usernames, password etc. This part it pretty straightforward.
Step 2: Transfer money to the exchange.
You may have to wait a few days depending on the amount. To do this visit app and click on the “Assets” tab bottom right.
If you have crypto on another exchange you can transfer it here directly and use that to buy STRONG coin.
Just search for your crypto in the search bar. E.g. if you have ETH search for ETH.
Otherwise, click on the fiat tab and search for usd or euro or whatever fiat you want to use.
KuCoin subsequently guides you on how to make the transfer. If you haven’t verified your profile it will ask you to do that before proceeding.
Step 3: Convert your fiat into a stablecoin like USDT.
On KuCoin you can only buy STRONG with USDT. So you need to convert your fiat or crypto to USDT. To do this locate the “Buy Crypto” tab on the home page. On the next page you can convert your USD into USDT. If you want there are other options to add fiat currency. Just click on the drop down where it says “pay with”.
Step 4: Buy STRONG coin
Now that you have USDT navigate to the “Trade” tab. Next, use the search bar to search for STRONG. Select the STRONG/USDT trading pair from the drop down.
When you select the STRONG/USDT trading pair your screen should look like this.
The fastest way to buy is to set your order as a market order. This means it will fill at whatever the price for STRONG coin is right now.
If you are trading a large amount it would be prudent to set a limit order instead. This means the trade will only take place if STRONG’s price meets your limit.
Next, select the amount of USDT you want to trade. You can choose 25%, 50%, 75% or 100% of your USDT funds on the exchange or you can directly type a custom amount.
Hit the buy STRONG button and you are the proud owner of some STRONG.
Step 5: decide where to keep your STRONG
Now that you have STRONG you can either keep it on the exchange or move it to a wallet like Metamask.
On the exchange you find your STRONG by navigating to the “Assets” tab bottom right and then click on the “Trading” in the middle at the top.
Here you will see all of your tokens listed. For example, I have some AURY, KDA and USDT.
If you want to move your STRONG to a metamask wallet just click on “STRONG” and select “transfer” at the bottom. You will need to input your Metamask address to make the transfer.
Ok, that’s it guys. That’s how you buy Strong coin.
But wait! Are you sure it is Strong Coin you want to buy and not Stronger Coin?
If you are thinking of using your STRONG to buy a node from StrongBlock you can’t do that anymore.
StrongBlock has announced a new token called STRNGR. If this is news to you then please read my in-depth article on Strong Coin.
You can buy STRNGR on Uniswap, Mexc or BKEX. I’ve used Mexc and again the experience here is pretty similar to KuCoin and Gate.io.
Once you have your STRNGR coin you can earn a yield on it. (Check out my article on how to mine Strong coin for this)
Alternatively, you can use it to buy a StrongBlock node on app.strongblock.com.
That’s it folks. Feel free to ask me any questions in the comments section below. I am pretty responsive.