Buying Thoreum has become relatively easy. It can simply be done by PayPal, card, or even cash.
This is a small guide we’ve made to make your job easier.
So if you are interested in buying Thoreum (THOREUM), read it till the end.
Though people always say that buying cryptocurrencies from your debit or credit card is difficult, it is not.
Where To Buy Thoreum (THOREUM)?
There are several exchanges a user can use to purchase Thoreum. This article will cover the current exchanges where you can buy THOREUM at the best prices.
Choose your preferred platforms below and follow the guides to learn how to buy Thoreum (THOREUM) coin successfully.
How to Buy Thoreum with Credit Card or Debit Card?
The first thing you can do is to buy Bitcoins or Ethereum with your credit card from a Thoreum (THOREUM) exchange. These can later be changed into Thoreum.
Follow these steps:
- Purchase Ethereum or Bitcoin from the crypto platform you prefer.
- Transfer the purchased Ethereum or Bitcoin to an exchange that supports Thoreum.
- Finally, exchange the purchased cryptocurrency into Thoreum.
1. Create an Account on Coinbase
In order to buy Bitcoin (BTC) or Ethereum (ETH), which will later be exchanged into Thoreum (THOREUM) – you have the make an account on Coinbase.
Click on “sign up” and enter your required information like name, location, password, and e-mail – make sure these details match your Photo ID. Otherwise, it can create trouble.
Coinbase is controlled by the US authorities and follows strict fiscal rules. As a result, they have to confirm your identity.
However, some time and effort are invested, but this makes Coinbase the most trusted and reliable way to convert ordinary currency into cryptocurrency.
2. Buy BTC with Fiat Money
Coinbase has to verify your account for safety. They will ask you for your contact number, verify your bank account or your card (credit or debit), will ask you to upload an image of your photo ID as well.
Only after the verification you will be able to buy cryptocurrency.
In case you purchase cryptocurrency through the card, your purchase will take no time, but the fees will be charged higher than the usual. If you make payment through the bank account transfers, it can take up to 7 days to receive your coins, but it will surely be cheaper than your card purchase.
Once your purchase details are verified, click on the buy/sell button, which happens to be on the top menu.
For example, if you are buying Bitcoin, simply click on Bitcoin and fill in the amount of money you are willing to spend or the number of coins you want to buy at the bottom of the page.
When you are done with all of these, just click on the “Buy” button.
The next thing you need to do is confirm your purchase.
Do this by clicking on the “Buy now” button.
By now, you have purchased Bitcoin, do not close Coinbase – this has to be used again.
PancakeSwap is one of those crypto exchanges you can consider when converting Bitcoin to THOREUM.
THOREUM is currently among the list of assets on PancakeSwap.
This guide will show you how to convert or swap your Bitcoin for THOREUM successfully.
It’s a decentralized crypto exchange, meaning it doesn’t require you to create an account or undergo any KYC process to make transactions on the platform.
However, this exchange requires you to manage your private key to your crypto wallet and encourages you to be security conscious of your wallet pass key.
Because losing your private key means losing access to your crypto assets permanently. No customer service is capable of helping you retrieve or recover your assets.
Even with proper management of your private key, it’s recommended that you keep your crypto assets in your private wallet instead of in your exchange wallets.
Suppose you’re not at ease with transacting on PancakeSwap. In that case, you can check for the availability of THOREUM on conventional centralized exchanges that involves undergoing the KYC process and signing up to transact on them.
However, if you’re still interested in PancakeSwap, follow the steps below.
Convert Bitcoin for BNB on Binance Smart Chain (BSC)
PancakeSwap is an exchange that shares similarities with Sushiswap and Uniswap, but it runs on the Binance Smart Chain network.
Here, you can transact on all BEP-20 assets (just as you can transact with ERC-20 assets on the Ethereum network).
However, unlike the Ethereum network, the Binance Smart Chain network charges much lesser gas fees for swapping or trading coins. This has made it very popular in recent times.
PancakeSwap runs on an automatic market maker system that depends on liquidity polls funded by users. This is why it operates just fine without a conventional order book from centralized crypto exchanges.
Since THOREUM is a BEP-20 asset and runs on BSC, the fastest way to acquire it is to send Bitcoin to Binance or any other exchange that works for you.
There, you convert your BTC to BNB and then transfer that BNB to your wallet through BSC.
Then, you trade your BNB for THOREUM via PancakeSwap.
When you register on Binance or any other exchange:
- Head to the wallet section and select Bitcoin, then tap on “Deposit“.
- Copy your Bitcoin address and go back to the exchange where you have Bitcoin (it could be Coinbase or another platform), withdraw your Bitcoin using this address.
- Once you receive your BTC, you can convert your it to BNB.
How to Send BNB to your MetaMask Wallet
First of all, you’ll have to add Metamask extension to your browser. It should be either via Chrome, Firefox, Edge, or Brave Browser.
Add MetaMask to your browser
Go to https://metamask.io, click “Download now”, and install the extension on your browser.
Click “Get started“, and after that, tap on “create a wallet“, then read through the instructions on the next display, tap on “Agree“.
Opt to create a strong password for your MetaMask wallet. This password is not your seed phrase or private key. It’s just for accessing the extension.
Next is the backup phrase generation phase. A string of random words will appear on the screen when you tap on “reveal secret words“.
Write out these secret words on paper. It’s strongly advised you don’t save them online.
You can get a Cryptosteel Capsule from Ledger to physically keep and secure your phrases for extra protection.
After securing the seed phrases, confirm that on the next display by verifying those seed phrases.
Read all the tips again to make sure you’re aware of the security issues and tap on “all done“.
Your wallet is ready.
Tap on the MetaMask icon located on your browser’s extension bar and open your wallet with your password.
Transfer your BNB to MetaMask
Now, you can proceed to transfer BNB to your wallet.
Begin with going to PancakeSwap and tap on “connect” at the top, and select MetaMask.
If it’s your first time doing this, you’ll be asked if you want to add BSC to MetaMask.
Proceed to do so because it’s crucial to ensure that you transfer your BNB through the right network.
Once you’ve added BSC, go to the network on MetaMask. You’ll have access to your BNB balance on BSC.
Copy that address to your clipboard by tapping on the account name.
Head back to the BNB wallet on the exchange you used to buy your BNB.
Click “withdraw“, then on the space for the receiver address, paste the wallet address you copied and check to be sure it’s the correct address. Also, ensure the network is BSC/BEP-20.
Tap on “submit” and follow the verification steps.
After successfully placing your withdrawal and it arrives in your destination wallet, you’re ready to purchase THOREUM.
Go back to PancakeSwap, click on “Trade > Exchange” on the top menu.
You will see an interface with two fields indicating “From and To” and a large button with the words “Swap” or “Connect Wallet“.
If you haven’t tapped on “Connect Wallet“, proceed to do so.
But if you have, you’ll view your BNB balance on the “From” field. This is where you’ll input the amount of BNB that you want to swap or trade for THOREUM.
On the “To” field, select THOREUM from the list of assets or paste the contract address (you can find it on coinmarketcap).
Once selected, you’ll instantly see the corresponding value of the THOREUM you want to purchase.
Confirm and then tap on “Swap“.
On the next display, you’ll be required to confirm the transaction again by tapping on “Confirm Swap“.
Here, MetaMask will display and ask for your permission to allow PancakeSwap to swap your BNB, tap on “Confirm“, and wait for the confirmation display.
Soon after, you should see “Transaction Submitted“. This means you’ve successfully purchased THOREUM via PancakeSwap.
When you go to your wallet on MetaMask, you should see your THOREUM balance there.
Best Thoreum (THOREUM) Hardware Wallets
Cryptocurrency transactions are one of the most popular things on hacker’s radars.
The best option to save your cryptocurrency is to put it in wallets.
It is a hardware wallet with high security and a 5-star rating. It costs around $65, supports ERC20 and multiple coins, and has fantastic reviews – this is the best option to go for.
Trezor also happens to be a hardware wallet with high-tech security. It is rated at 4.5 stars. Trezor supports ERC20 and multiple coins. It costs around $97. It is an excellent option to go for.
Keepkey is a hardware wallet with the utmost security and supports ERC20 and multiple coins. You have to pay $129 for Keepkey Wallet. It has a 3.5-star rating. This is an excellent option to go for, but Trezor and Ledger are better in terms of expense and security.
Coinomi is a software wallet that is compatible with Android, iOs, Windows, Linux, and macOS. It also supports ERC20 and multiple coins. This wallet is free of cost and has a 3-star rating if, in case it’s difficult for you to carry a hardware wallet, you can simply go for Coinomi.
Keeping your Cryptocurrency safe is very important. You have to look at it from all perspectives.
We all are aware of the frauds which are taking place these days. The hackers have reached a level where only exceptions can stop them. People have developed all possible means of stealing.
Talking about purchasing crypto, there are a number of advantages of investing in crypto-currency.
The asset transfers have become much more manageable, the transactions are confidential, you simply hold ownership of the currency, they give access to credit, and at last, they come with strong security.
Keep your hard-earned coins safe!
Best VPN For Crypto Trading
Cryptocurrency is decentralized by default, and because of this, users are completely responsible for securing their assets.
Although using a physical wallet helps you secure your assets in a safe place, using an encrypted virtual private network connection while trading your assets makes it more difficult for cyber predators to intercept your data digitally.
This is very important if you’re trading with public WiFi. NordVPN is easily on the list of the best paid virtual private networks. It’s strongly advised that you don’t use free VPN services because your data may be sniffed in return for the free service they are offering you.
Also, NordVPN has been in business for almost 10 years. It provides military-grade encryption, and you can even choose to restrict access from malicious sites and advertisements using their CyberSec feature.
With NordVPN, you have a vast number of servers (more than 5,000) in more than 60 countries worldwide to connect to. This VPN ensures that your connection to these servers is secure and hitch-free.
There is no limit or restriction on data or bandwidth. This also means that you can utilize the service in ordinary routines such as downloading large-sized files or streaming videos online.
It’s also crazy-cheap, and it’s considered among the most affordable VPNs on the market.
It goes for just $3.49 monthly.
Frequently Asked Questions
Can I Buy Thoreum With PayPal?
You cannot directly buy Thoreum using PayPal at this time. If you want to use PayPal, you will have to buy Bitcoin or Ethereum first and then exchange it for Thoreum by using a cryptocurrency platform like Binance.
Can I Buy THOREUM With Cash?
You cannot directly buy THOREUM with cash. Even if some ATMs support Thoreum, they are less than 1% of all cryptocurrency ATMs.
If you want to buy Thoreum with cash, you will have to buy Bitcoin first and then exchange bitcoins for Thoreum using a platform like Binance.
Can I Buy Thoreum With Bitcoin?
Yes, you can buy THOREUM with BTC easily by using Binance to exchange Bitcoins for Thoreum.
Can I Buy Thoreum With Ethereum?
Yes, you can buy THOREUM with ETH by using a platform like Binance to exchange Ethereum for Thoreum.
What Is The Best Payment Method To Use?
The cheapest way to do it is to buy BTC with your bank and exchange BTC for THOREUM.
The fastest way is to buy it with a credit card, but the fees are higher.
How Can I Secure THOREUM Once I Purchase It?
The best way is to store your Thoreum in a secure wallet. Don’t leave your Thoreum on an exchange, they may be at risk if the exchange platform or your account get hacked.
How Can I Sell Thoreum (THOREUM)?
Find a good platform to exchange your THOREUM to other cryptocurrencies. If you want to exchange it to regular currency, trade your Thoreum for Bitcoin and exchange BTC into euro, dollars or any other currencies.
Can I Mine Thoreum?
No, THOREUM can’t be mined.
Get more info on Thoreum coin here.
Thoreum Price Prediction and Price Movement
According to the most recent data, Thoreum’s current price is $0.014193 and is now rated #4100 in the entire crypto ecosystem, with a circulation supply of not available and a market cap of not available.
Thoreum’s current value has dropped by -5.21% in the last 24 hours. When we compare its current market cap to yesterday’s, we can notice that the market cap is down.
While its market capitalization is still considered small, the price of Thoreum can be quite volatile when compared to those with a larger market cap during strong market changes.
Even though Thoreum is struggling to get on board with other crypto coins, this coin may have good fundamentals, but we do not think it would be a profitable asset in the short run.
Please keep in mind that this analysis is only based on Thoreum’s historical price movements and is not intended to be financial advice. Traders should always conduct their own research and be careful when investing in cryptocurrency.
Read more on Thoreum price prediction/forecast here.