Introduction
When buying THORChain, there are several factors to consider, including selecting a reliable exchange to acquire it from and the method of transaction. Thankfully, we've gathered a list of trustworthy exchanges to assist you with the process.
Step-by-Step Guide for Ugandan Investors
1. Select a Trading Platform
Research and select a cryptocurrency exchange that operates in Uganda and supports THORChain trading. Consider factors such as transaction fees, security measures, and user reviews from local traders.
See all 39 prices in UgandaE-platform Coin Cost Nexo THORChain (RUNE) 1.2 APY Binance THORChain (RUNE) 1.2 APY Coinbase THORChain (RUNE) 5.44 APY Kraken THORChain (RUNE) 1.2 APY Uphold THORChain (RUNE) 1.17 APY Bake THORChain (RUNE) 1.2 APY 2. Open an Account
Sign up on the exchange's website or mobile app by providing your personal details and identity verification documents, such as your national ID or passport.
See all 39 prices in UgandaE-platform Coin Cost Nexo THORChain (RUNE) 1.2 APY Binance THORChain (RUNE) 1.2 APY Coinbase THORChain (RUNE) 5.44 APY Kraken THORChain (RUNE) 1.2 APY Uphold THORChain (RUNE) 1.17 APY Bake THORChain (RUNE) 1.2 APY 3. Top Up Your Account
Transfer funds to your exchange account using supported payment methods such as mobile money, bank transfer, or credit and debit cards.
4. Navigate to the THORChain Market in Uganda
Once your account is funded, look for THORChain (RUNE) in the marketplace of the exchange.
5. Select a Transaction Amount
Enter the desired amount of THORChain you wish to buy.
6. Confirm Purchase
Preview the Transaction Details and Confirm Your Purchase by clicking the "Buy RUNE" or the equivalent button.
7. Finalize Transaction
Your THORChain purchase will be processed and deposited into your exchange wallet within a few minutes.
8. Transfer to a Hardware Wallet in Uganda
It's always best to keep your cryptocurrency in a hardware wallet for security reasons. We often recommend Wirex or Trezor as reliable options for Ugandan users.
What to Keep in Mind
When buying THORChain, it's essential to select a trustworthy exchange that is user-friendly and offers competitive fees. After making your purchase, always transfer your cryptocurrency to a hardware wallet. This ensures that regardless of any issues that may arise with the exchange, your cryptocurrency remains secure.
Latest Movements in Uganda's Financial Landscape
THORChain (RUNE) is currently priced at US$5.45 with a 24-hour trading volume of US$490.55M. In the last 24 hours, THORChain has experienced a decrease of -1.8%. The market cap of THORChain stands at US$1.11B, with 344.45M RUNE in circulation. For those looking to buy or trade THORChain, Nexo offers avenues to do so securely and efficiently
- Market capitalization
- US$1.11B
- 24-hour trading volume
- US$490.55M
- Available supply
- 344.45M RUNE