How to Buy THORChain (RUNE): A Step-by-Step Guide

Introduction

When purchasing THORChain, there are several factors to consider, including choosing an exchange to purchase it from and transaction method. Fortunately, we've compiled a bunch of reputable exchanges to help you with the process.

Step-by-Step Guide

1. Choose an Exchange
Research and select a cryptocurrency exchange that operates in the in your country and supports THORChain trading. Consider factors such as fees, security, and user reviews.
Platform Coin Price
Nexo THORChain (RUNE) 0.57
PrimeXBT THORChain (RUNE) 0.57
Binance THORChain (RUNE) 0.57
Coinbase THORChain (RUNE) 5.44
Kraken THORChain (RUNE) 0.57
Uphold THORChain (RUNE) 1.17
See all 40 prices
2. Create an Account
Register on the exchange's website or mobile app, providing personal information and identity verification documents.
Platform Coin Price
Nexo THORChain (RUNE) 0.57
PrimeXBT THORChain (RUNE) 0.57
Binance THORChain (RUNE) 0.57
Coinbase THORChain (RUNE) 5.44
Kraken THORChain (RUNE) 0.57
Uphold THORChain (RUNE) 1.17
See all 40 prices
3. Fund Your Account
Transfer funds to your exchange account using supported payment methods like bank transfer, credit card, or debit card.
4. Navigate to the THORChain Market
Once your account is funded, search for "THORChain" (RUNE) in the exchange's marketplace.
5. Choose a Transaction Amount
Enter the desired amount of THORChain you wish to purchase.
6. Confirm Purchase
Preview the Transaction Details and Confirm Your Purchase by clicking the "Buy RUNE" or equivalent button.
7. Complete Transaction
Your THORChain purchase will be processed and deposited into your exchange wallet within minutes.
8. Transfer to a Hardware Wallet
It's always best to keep your crypto in a hardware wallet for security reasons. We always recommend Wirex or Trezor.

Platform	Coin	Price
Nexo	THORChain (RUNE)	0.57
PrimeXBT	THORChain (RUNE)	0.57
Binance	THORChain (RUNE)	0.57
Coinbase	THORChain (RUNE)	5.44
Kraken	THORChain (RUNE)	0.57
Uphold	THORChain (RUNE)	1.17

Platform	Coin	Price
Nexo	THORChain (RUNE)	0.57
PrimeXBT	THORChain (RUNE)	0.57
Binance	THORChain (RUNE)	0.57
Coinbase	THORChain (RUNE)	5.44
Kraken	THORChain (RUNE)	0.57
Uphold	THORChain (RUNE)	1.17

What to be Aware of

When purchasing THORChain, it's important to choose a reputable exchange that is easy to use, and has reasonable fees. Once you've done this, always transfer your crypto a hardware wallet. That way, no matter what happens to that exchange, your crypto is safe.

Latest Movements

THORChain (RUNE) is currently priced at $1.17 with a 24-hour trading volume of $490.55M. In the last 24 hours, THORChain has experienced a decrease of -3.02%. The market cap of THORChain stands at $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 cap: $1.11B
24h volume: $490.55M
Circulating supply: 344.45M RUNE

See latest information

Frequently Asked Questions About Buying THORChain (RUNE)

What is THORChain (RUNE) and what is it used for?: THORChain is a decentralized liquidity protocol that enables cross-chain swaps without centralized intermediaries. Its native token, RUNE, serves multiple purposes: it acts as a liquidity asset backing pools, a governance token for protocol upgrades, and a security mechanism to incentivize participation in liquidity provision and network security. Users can provide liquidity to THORChain pools to earn fees, swap assets across different blockchains, and participate in on-chain governance decisions. If you’re new, think of RUNE as the glue that ties liquidity together and incentivizes the network’s participants.
How does THORChain enable cross-chain swaps, and what makes it different from centralized exchanges?: THORChain uses a cross-chain liquidity network built with Continuous Liquidity Pools (CLPs) and Ragnarök-free cross-chain swaps to allow users to swap assets from different blockchains directly on the THORChain network. Unlike centralized exchanges, there is no custodian holding your funds; you retain control of your private keys and funds in your own wallet. THORChain also avoids wrapped assets by facilitating native asset swaps across chains, reducing counterparty risk and single points of failure. However, users should note that interacting with cross-chain protocols carries smart contract risk and operational risk during network upgrades or security events.
What is the current market status of THORChain (RUNE), including price trend and supply details?: As of the latest data, THORChain’s price is around $0.606 per RUNE, with a 24-hour price change of about -4.12%. The circulating supply is approximately 351 million RUNE, while the max supply is 500 million. Market cap sits in the low-to-mid billions, reflecting ROPE to the broader DeFi space. Price movements can be driven by network activity, liquidity provision, governance proposals, and broader crypto market sentiment. Keep in mind that prices are volatile and can swing based on liquidity shifts, security news, and macro conditions.
How can I participate in THORChain, and what are the risks and rewards of staking or providing liquidity?: To participate, you can provide liquidity to THORChain’s CLPs using supported wallets, or delegate RUNE for governance and security purposes within supported setups. Providing liquidity earns you a share of swap fees proportional to your contribution, but you’re exposed to impermanent loss depending on price movements of the paired assets. Staking or securing the network may involve locking RUNE and earning rewards, but it also introduces opportunity cost and slashing risk if validators misbehave or nodes go offline. Always assess your risk tolerance, diversify across pools, and stay informed about protocol security updates.
What are the key risk factors I should consider before using THORChain?: Key risks include smart contract vulnerabilities and potential bugs in cross-chain bridges, governance or security incidents that could temporarily disrupt swaps, and liquidity risk if pools become undercapitalized. Impermanent loss can affect liquidity providers when asset prices diverge, while price slippage can occur in low-liquidity pools. Regulatory uncertainty around cross-chain protocols and privacy concerns also exist. To mitigate risk, use up-to-date wallets, diversify across pools with different assets, monitor official updates, and consider only risking funds you can afford to lose in high-volatility environments.