Exchange | ||||||
Rating | ||||||
Custodian from BlackRock? | ||||||
Fees | 0,15% | 0,10% | 0,99% | 1,49% | 0,99% | 1% |
Fees per $1.000 | $1,50 | $12,50 | 1€ | 14,90€ | $9,90 | $10,00 |
Transfer to external wallet | ||||||
Security | ||||||
Details | The best overall package, the safest exchange in the world, also used by BlackRock, with extremely low fees. | The largest exchange in the world with low fees, but with a but with an incident where CEO CZ had to resign. | The largest exchange in the world with low fees, but with a but with an incident where CEO CZ had to resign. | Extremely secure, but comparatively high fees. | Simple, fast and secure. | Simple, fast, secure, comparatively high fees. |
Go to |
Buy Serum (SRM) Quickly and Securely on Coinbase

- Transaction Fees & Funding: Coinbase offers a transparent fee structure for buying SRM, which includes a commission of 1.49% plus a 0.5% spread. These fees should be considered when planning your investment. Payment options include free SEPA transfers for European users, as well as debit cards and PayPal with a 3.49% fee for instant purchases.
- Platform Accessibility & Order Execution: Coinbase allows you to buy as little as 1 SRM, making it easy for beginners to enter the market. The platform supports various order types, such as market, limit, and stop-limit orders, providing flexibility in your trading strategies.
- Security & Regulatory Compliance: Coinbase employs two-factor authentication (2FA) and stores 98% of assets in cold storage to safeguard your SRM purchase. The platform also adheres to regulatory standards set by authorities like the SEC, FCA, and BaFin, providing a safe environment for users.
- Platform Scope & User Experience: Coinbase supports over 240 cryptocurrencies, including Serum (SRM), offering a broad selection of digital assets. The platform features an intuitive interface designed for both beginners and experienced traders, accessible via app and web versions worldwide.
- Customer Support & Tax Tools: Coinbase offers 24/7 customer support via email and live chat. The platform also integrates tax reporting tools to streamline compliance with tax laws, making it easier to track your SRM investments.
- Mobile Application: Coinbase provides a fully-featured mobile app, allowing you to manage your SRM holdings and execute trades on the go.
Follow these simple steps to purchase SRM:
- Sign Up or Log In: Create a Coinbase account or log into your existing one.
- Fund Your Account: Link your payment method (such as a bank transfer, debit card, or PayPal) and deposit funds into your account.
- Search for SRM: Use the search bar to find Serum (SRM).
- Enter Purchase Details: Specify how much SRM you wish to buy.
- Complete Your Purchase: Verify the transaction details and confirm your purchase.
Feature | Details |
Fee Structure | 1.49% fee for buying XRP, plus 0.5% spread. |
Payment Methods | SEPA (free in Europe), bank/wire transfers, debit cards, PayPal (3.49% for instant buys). |
Minimum Purchase Amount | Minimum purchase is 1 XRP. |
Order Types | Supports market, limit, and stop-limit orders. |
Security Measures | 2FA system, 98% assets in cold storage. |
Regulation and Licensing | Regulated by SEC, CFTC, FinCEN, state regulators, FCA, BaFin, Central Bank of Ireland, and soon MiCA. |
Cryptocurrency Availability | Over 240 cryptocurrencies available. |
User-Friendliness | Beginner-friendly with global app/website access. |
Two-Factor Authentication (2FA) | Available for all users. |
Support Quality | 24/7 Global support via email and live chat. |
Tax Reporting Interface | Tools for easier tax compliance. |
App/Browser Usage | Works on mobile and desktop globally. |
Acquire Serum (SRM) in 5 Minutes on Binance

- Fee Structure: Binance charges a standard trading fee of 0.10% for both maker and taker trades. Additional charges may apply when using payment methods like credit cards, which may incur up to 3.5% in fees.
- Payment Methods: Binance supports multiple funding options, including SEPA transfers, credit/debit cards, PayPal (available in select regions), and third-party services like Simplex. Credit card payments incur a 3.5% fee.
- Minimum Purchase Amount: The minimum purchase required for SRM is $10 USD or the equivalent in local currency.
- Order Types: Binance offers a variety of order types, including Market, Limit, Stop-Limit, OCO (One-Cancels-the-Other), and advanced orders such as trailing stop orders.
- Security Protocols: Binance uses two-factor authentication (2FA) and stores the majority of funds in cold storage for enhanced security.
- Regulatory Compliance: Binance operates globally but is unregulated in certain regions. However, it adheres to AML (anti-money laundering) and KYC (Know Your Customer) standards.
- Cryptocurrency Availability: Binance supports over 600 cryptocurrencies, including SRM.
- User-Friendliness: Binance provides an easy-to-navigate interface suitable for both beginners and advanced traders. The mobile app and web platform are user-friendly.
- Two-Factor Authentication (2FA): Enabling 2FA is highly recommended to secure your Binance account.
- Customer Support: Binance provides 24/7 customer support via live chat, email, and a comprehensive help center.
Step 1: Create and Verify Your Binance Account
- Visit Binance: Go to www.binance.com.
- Sign Up: Click “Register,” enter your email address, choose a secure password, and complete the verification process.
- Verify Your Identity: Complete the KYC process by submitting a government-issued ID and a selfie for facial recognition.
Step 2: Deposit Funds into Your Binance Account
- Log In: After verification, log into your Binance account.
- Deposit Fiat or Cryptocurrency:
- For Fiat: Click “Deposit,” choose your payment method (e.g., bank transfer, credit card, or PayPal), and transfer funds.
- For Crypto: If you already hold cryptocurrency, select “Deposit” and transfer your assets to Binance.
Step 3: Find the SRM Market
- Go to Markets: On Binance’s homepage, select “Markets” to access the list of available cryptocurrencies.
- Search for Serum (SRM): In the search bar, type “SRM” and select the trading pair that corresponds to your deposit (e.g., SRM/USDT).
Step 4: Place Your Purchase Order
- Choose the Order Type:
- Market Order: Opt for a “Market Order” if you want to buy SRM at the best available price.
- Limit Order: Choose “Limit Order” if you want to buy SRM at a specific price.
- Enter the Quantity: Specify how much SRM you want to purchase or the amount of funds you intend to spend.
- Confirm the Transaction: Double-check the details and click “Buy SRM” to complete the purchase.
Step 5: Secure Your SRM
- Verify Your Balance: After the purchase, go to your “Wallet” to confirm your SRM balance.
- Transfer to a Secure Wallet (Optional): For added security, consider transferring your SRM to a personal wallet, such as a hardware wallet.
Buy Serum (SRM) on Bitget

- Fee Structure: Bitget charges a competitive flat fee of 0.06% for both maker and taker orders. Additionally, users who utilize Bitget’s native token, BGB, can receive discounts.
- Payment Methods: Bitget supports various payment methods, including bank transfers, credit/debit cards, and stablecoin deposits. Bank transfers are free, while card payments incur a 3% fee.
- Minimum Purchase Amount: The minimum purchase required for SRM is $10 USD.
- Order Types: Bitget offers Market, Limit, and Stop-Limit orders, in addition to a copy trading feature that allows you to follow expert traders.
- Security Features: Bitget uses multi-signature wallets and two-factor authentication (2FA) to enhance security. The majority of funds are stored in cold storage for added protection.
- Regulation and Licensing: Bitget operates with a degree of regulatory oversight in some regions but is less regulated in others.
- Cryptocurrency Availability: Bitget supports over 150 cryptocurrencies, including SRM.
- User-Friendliness: Bitget’s platform is easy to navigate, making it suitable for both beginners and experienced traders.
- Two-Factor Authentication (2FA): Bitget strongly encourages enabling 2FA to secure your account.
- Customer Support: Bitget offers 24/7 customer support through live chat, email, and an extensive help center.
Step 1: Create an Account
- Visit Bitget: Go to www.bitget.com and sign up.
- Provide Your Information: Enter your email address and create a secure password to complete registration.
- Verify Your Identity: Complete the KYC process by submitting a government-issued ID and a selfie.
Step 2: Deposit Funds
- Log In: After verification, log into your Bitget account.
- Fund Your Account: You can deposit funds via bank transfer, credit card, or cryptocurrency transfer.
Step 3: Find Serum (SRM)
- Search for SRM: Go to the trading section and search for Serum or select its trading pair, such as SRM/USDT.
Step 4: Place Your Order
- Choose the Order Type:
- Market Order: Select a “Market Order” to buy SRM at the best available price.
- Limit Order: Choose “Limit Order” if you want to buy SRM at a specific price.
- Enter the Amount: Specify how much SRM you want to purchase.
- Confirm the Purchase: Double-check the details and click “Buy SRM” to complete the purchase.
Step 5: Secure Your SRM
- Check Your Balance: After the purchase is complete, check your SRM balance in your Bitget wallet.
- Transfer to a Secure Wallet: For additional security, consider transferring your SRM to a personal wallet, such as a hardware wallet.
Buy Serum (SRM) on Bybit

- Fee Structure: Bybit charges 0.10% for both maker and taker orders. Users who hold BYD (Bybit’s native token) can enjoy additional discounts on trading fees.
- Payment Methods: Bybit supports credit/debit cards, bank transfers, and third-party services like Simplex. Credit card payments incur a fee of up to 3.99%.
- Minimum Purchase Amount: The minimum purchase amount for SRM is $10 USD.
- Order Types: Bybit supports Market, Limit, Stop-Limit, Trailing Stop, and Conditional Orders.
- Security Measures: Bybit ensures high-level security through 2FA, encryption, and cold storage for your funds.
- Regulation and Licensing: Bybit is licensed in certain jurisdictions but remains unregulated in others.
- Cryptocurrency Availability: Bybit supports a wide range of cryptocurrencies, including SRM.
- User-Friendliness: The platform is easy to use, making it suitable for both beginners and experienced traders.
- Two-Factor Authentication (2FA): 2FA is highly recommended for securing your account.
- Support Quality: Bybit offers 24/7 customer support through live chat, email, and a comprehensive help center.
Step 1: Create and Verify Your Bybit Account
- Visit Bybit: Go to www.bybit.com.
- Sign Up: Click “Sign Up” and enter your email, create a secure password, and complete the verification process.
- Verify Your Identity: Complete the KYC process by submitting a government-issued ID and undergoing facial verification.
Step 2: Deposit Funds into Your Bybit Account
- Log In: After verification, log into Bybit.
- Deposit Funds:
- For Fiat: Go to “Assets” > “Deposit” and choose your preferred payment method (e.g., credit card or bank transfer).
- For Crypto: Go to “Assets” > “Deposit” and transfer your crypto to Bybit.
Step 3: Find Serum (SRM) Market
- Go to the Markets Section: Click on “Trade” to access the list of available trading pairs.
- Search for Serum (SRM): Type “SRM” in the search bar to find SRM trading pairs like SRM/USDT.
Step 4: Place Your Buy Order
- Choose the Order Type:
- Market Order: Select “Market Order” to buy SRM at the best available price.
- Limit Order: Choose “Limit Order” if you prefer to buy SRM at a specific price.
- Enter the Amount: Specify how much SRM you wish to buy.
- Confirm Your Purchase: Review your order and click “Buy SRM” to complete the transaction.
Step 5: Secure Your SRM
- Check Your Balance: Go to “Assets” to confirm that your SRM is in your Bybit wallet.
- Transfer to a Secure Wallet (Optional): For added security, consider transferring your SRM to a personal wallet.
Buy Serum (SRM) on Kraken

- Fee Structure: Kraken charges a maker fee of 0.16% and a taker fee of 0.26% under its basic plan. Volume-based discounts are available for high-volume traders.
- Payment Methods: Kraken accepts SEPA transfers, ACH transfers, and credit card payments, with credit card purchases incurring a fee of 3.75%.
- Minimum Purchase Amount: The minimum purchase amount for SRM is typically $10 USD.
- Order Types: Kraken supports Market, Limit, Stop-Limit, and advanced order types like OCO (One Cancels Other).
- Security Features: Kraken uses 2FA, SSL encryption, and a comprehensive cold storage solution to secure user funds.
- Regulation and Licensing: Kraken is fully regulated in the United States and adheres to strict financial laws.
- Cryptocurrency Availability: Kraken supports over 70 cryptocurrencies, including SRM.
- User-Friendliness: Kraken’s interface is designed for both novice and experienced traders, with more advanced features accessible to professional users.
- Two-Factor Authentication (2FA): 2FA is highly recommended for added account security.
- Customer Support: Kraken offers responsive customer support via live chat, email, and an extensive knowledge base.
Step 1: Create and Verify Your Kraken Account
- Visit Kraken: Go to www.kraken.com.
- Sign Up: Click “Create Account,” enter your email, create a secure password, and complete the verification process.
- Verify Your Identity: Submit a government-issued ID and complete facial verification for KYC compliance.
Step 2: Deposit Funds into Your Kraken Account
- Log In: After verifying your account, log into Kraken.
- Deposit Funds:
- For Fiat: Click “Funding,” then “Deposit,” and choose your payment method (e.g., bank transfer, credit card).
- For Crypto: Go to “Funding,” select “Deposit,” and transfer the cryptocurrency you want to use for the purchase.
Step 3: Navigate to the SRM Market
- Go to the Markets Section: On Kraken’s homepage, click “Trade” to access the platform.
- Search for Serum (SRM): Type “SRM” in the search bar and select the trading pair, such as SRM/USD or SRM/EUR.
Step 4: Place Your Order
- Choose the Order Type:
- Market Order: Select “Market Order” to buy SRM at the current price.
- Limit Order: Choose “Limit Order” if you want to buy SRM at a specific price.
- Enter the Amount: Specify how much SRM you want to purchase.
- Confirm Your Purchase: Review the details and click “Buy SRM” to complete the transaction.
Step 5: Secure Your SRM
- Check Your Balance: After completing the purchase, go to “Funding” to verify your SRM balance.
- Transfer to a Secure Wallet (Optional): For added security, consider transferring your SRM to a private wallet, such as a hardware wallet.
Buy Serum (SRM) on Crypto.com

- Fee Structure: Crypto.com charges a fee of 2.99% for credit card purchases, while trading fees can be as low as 0.10%, depending on your membership level.
- Payment Methods: Crypto.com supports credit/debit card payments, bank transfers, and cryptocurrency deposits, offering flexibility for funding your account.
- Minimum Purchase Amount: The minimum purchase amount for SRM is $10 USD.
- Order Types: Crypto.com supports Market, Limit, and Stop orders, allowing traders to choose the best method for executing their trades.
- Security Features: Crypto.com utilizes 2FA, SSL encryption, and cold storage to protect user assets and personal information.
- Regulation and Licensing: Crypto.com is regulated in several jurisdictions and adheres to strict Anti-Money Laundering (AML) and Know Your Customer (KYC) standards.
- Cryptocurrency Availability: Crypto.com supports a wide variety of cryptocurrencies, including SRM.
- User-Friendliness: Crypto.com’s platform is designed with simplicity in mind, making it easy for users to navigate and execute trades.
- Two-Factor Authentication (2FA): 2FA is available and highly recommended for securing your account.
- Customer Support: Crypto.com provides 24/7 customer support through live chat and email to assist with any issues or queries.
- Tax Reporting Tools: Crypto.com integrates with tax reporting services to help users stay compliant with tax regulations.
Step 1: Create and Verify Your Crypto.com Account
- Visit Crypto.com: Go to www.crypto.com.
- Sign Up: Click “Sign Up,” enter your email address, create a secure password, and follow the instructions to complete registration.
- Verify Your Identity: To comply with KYC (Know Your Customer) regulations, submit a valid government-issued ID and complete facial verification.
Step 2: Deposit Funds into Your Crypto.com Account
- Log In: After completing the verification, log into your Crypto.com account.
- Deposit Funds:
- For Fiat: Navigate to “Accounts” > “Fiat Wallet” > “Deposit” and choose your preferred payment method (e.g., bank transfer, credit card, or PayPal). Follow the instructions to fund your account.
- For Crypto: If you already own cryptocurrency, go to “Accounts” > “Crypto Wallet” > “Deposit” and transfer the cryptocurrency you wish to deposit.
Step 3: Search for Serum (SRM)
- Go to the Crypto.com App or Website: Click on “Trade” or “Markets” to view the list of available cryptocurrencies.
- Search for SRM: In the search bar, type “SRM” and select the SRM/USDT or SRM/USD trading pair, depending on your funds.
Step 4: Place Your Buy Order
- Select the Order Type:
- Market Order: Choose “Market” if you want to buy SRM at the best available price.
- Limit Order: Choose “Limit” if you want to buy SRM at a specific price.
- Enter the Amount: Specify how much SRM you wish to purchase or how much fiat you want to spend.
- Confirm Your Purchase: Double-check your order details and click “Buy SRM” to complete the transaction.
Step 5: Secure Your SRM
- Check Your Balance: After the purchase, go to “Accounts” to confirm that your SRM balance has been updated.
- Transfer to a Secure Wallet (Optional): For added security, consider transferring your SRM to a personal wallet, such as a hardware wallet, instead of leaving it on the exchange.
Buy Serum (SRM) on OKX

- Fee Structure: OKX charges a base fee of 0.10% for both maker and taker trades, with volume-based discounts available for frequent traders.
- Payment Methods: OKX supports SEPA transfers, credit/debit cards, and third-party payment services for easy deposits.
- Minimum Purchase Amount: The minimum amount required to purchase SRM is $10 USD.
- Order Types: OKX supports Market, Limit, Stop-Limit, and OCO orders, providing flexibility in executing trades.
- Security Features: OKX uses two-factor authentication (2FA) and cold storage to secure user funds.
- Regulation and Licensing: OKX is based in Malta and operates in compliance with European regulations, though it is not heavily regulated in all regions.
- Cryptocurrency Availability: OKX supports over 200 cryptocurrencies, including SRM.
- User-Friendliness: OKX offers an easy-to-use interface that caters to both beginner and advanced traders.
- Two-Factor Authentication (2FA): 2FA is strongly recommended for enhanced account security.
- Customer Support: OKX provides 24/7 support via live chat and email to assist users.
Step 1: Create and Verify Your OKX Account
- Visit OKX: Go to www.okx.com.
- Sign Up: Click “Sign Up,” enter your email, create a secure password, and complete the verification process.
- Verify Your Identity: Complete KYC by submitting a government-issued ID and completing facial verification.
Step 2: Deposit Funds into Your OKX Account
- Log In: After verifying your account, log into OKX.
- Deposit Funds:
- For Fiat: Go to “Assets” > “Fiat” > “Deposit” and select your payment method (bank transfer, credit card, etc.).
- For Crypto: Go to “Assets” > “Crypto” > “Deposit” and transfer your cryptocurrency into OKX.
Step 3: Navigate to the SRM Market
- Go to the Market Section: On the homepage, click “Trade” to enter the trading platform.
- Search for Serum (SRM): In the search bar, type “SRM” and select the appropriate trading pair (e.g., SRM/USDT or SRM/BTC).
Step 4: Place Your Buy Order
- Choose the Order Type:
- Market Order: Select “Market Order” to buy SRM at the best available market price.
- Limit Order: Choose “Limit Order” to set a specific price for buying SRM.
- Enter the Amount: Specify how much SRM you want to buy.
- Confirm Your Purchase: Review your order and click “Buy SRM” to complete the transaction.
Step 5: Secure Your SRM
- Check Your Balance: Go to “Assets” to confirm that your SRM is now in your OKX wallet.
- Transfer to a Secure Wallet (Optional): For added security, consider transferring your SRM to a personal wallet, such as a hardware wallet.
Buy Serum (SRM) on KuCoin

- Fee Structure: KuCoin charges a 0.10% trading fee for both maker and taker orders. Users who hold KuCoin Shares (KCS) can receive discounts on trading fees.
- Payment Methods: KuCoin supports bank transfers, credit/debit cards, and third-party payment services like Simplex for quick deposits.
- Minimum Purchase Amount: The minimum purchase amount for SRM is typically $10 USD or the equivalent in local currency.
- Order Types: KuCoin supports Market, Limit, Stop-Limit, and OCO (One Cancels Other) orders, providing flexibility for various trading strategies.
- Security Features: KuCoin implements 2FA, encryption, and stores the majority of funds in cold storage for enhanced security.
- Regulation and Licensing: KuCoin is not heavily regulated in certain regions but complies with local regulations in areas where it operates.
- Cryptocurrency Availability: KuCoin supports over 400 cryptocurrencies, including SRM.
- User-Friendliness: KuCoin has an intuitive interface, which is easy to navigate for both beginners and experienced traders.
- Two-Factor Authentication (2FA): It is highly recommended to enable 2FA to secure your KuCoin account.
- Customer Support: KuCoin provides 24/7 customer support via live chat, email, and an extensive help center.
Step 1: Create an Account on KuCoin
- Visit KuCoin: Go to www.kucoin.com.
- Sign Up: Click “Sign Up,” enter your email address, create a secure password, and complete the registration process.
- Verify Your Identity: Complete the KYC process by submitting a government-issued ID and completing facial verification.
Step 2: Deposit Funds
- Log In: After registration and verification, log into your KuCoin account.
- Deposit Funds:
- For Fiat: Click “Assets” > “Deposit.” Choose your preferred payment method (e.g., bank transfer, credit/debit card, or third-party service).
- For Crypto: Go to “Assets” > “Deposit” and transfer the cryptocurrency you want to use for the SRM purchase.
Step 3: Find Serum (SRM)
- Go to the Markets Section: On KuCoin’s homepage, click “Markets” to view the list of available trading pairs.
- Search for SRM: Type “SRM” in the search bar to locate the trading pair you want (e.g., SRM/USDT).
Step 4: Place Your Buy Order
- Choose the Order Type:
- Market Order: Choose “Market Order” to buy SRM at the best available price.
- Limit Order: Select “Limit Order” if you want to buy SRM at a specific price.
- Enter the Amount: Specify how much SRM you wish to purchase.
- Confirm Your Purchase: Review your order details and click “Buy SRM” to complete the transaction.
Step 5: Secure Your SRM
- Check Your Balance: After the purchase, go to “Assets” to verify that your SRM balance has been updated.
- Transfer to a Secure Wallet (Optional): For added security, consider transferring your SRM to a hardware wallet instead of leaving it on the exchange.
Buy Serum (SRM) on Bitpanda

- Fee Structure: Bitpanda charges fees between 1.49% and 1.99% for cryptocurrency purchases, depending on the payment method used. Credit card payments tend to incur higher fees.
- Payment Methods: Bitpanda supports a variety of payment methods, including SEPA transfers, credit cards, PayPal, and more.
- Minimum Purchase Amount: The minimum purchase for SRM is usually $1 USD, which makes it accessible for smaller investments.
- Order Types: Bitpanda currently supports only Market Orders, which execute at the best available price.
- Security Features: Bitpanda uses 2FA, encryption, and stores the majority of its assets in cold storage to enhance security.
- Regulation and Licensing: Bitpanda is fully regulated in Austria and complies with European Union financial regulations.
- Cryptocurrency Availability: Bitpanda supports over 50 cryptocurrencies, including SRM.
- User-Friendliness: Bitpanda is designed to be intuitive and easy to use, making it ideal for beginners.
- Two-Factor Authentication (2FA): 2FA is available and strongly recommended for securing your account.
- Customer Support: Bitpanda offers responsive customer support via live chat and email.
Step 1: Create an Account on Bitpanda
- Visit Bitpanda: Go to www.bitpanda.com.
- Sign Up: Click “Sign Up,” enter your email, create a secure password, and complete the verification process.
- Verify Your Identity: Submit a government-issued ID to comply with KYC regulations.
Step 2: Deposit Funds
- Log In: After verification, log into your Bitpanda account.
- Deposit Funds:
- For Fiat: Navigate to “Accounts” > “Deposit” and choose your preferred payment method (e.g., bank transfer, credit card, PayPal).
- For Crypto: If you already hold cryptocurrency, go to “Accounts” > “Deposit” and transfer your assets to Bitpanda.
Step 3: Find Serum (SRM)
- Go to the Markets Section: Click on “Markets” to see the list of available cryptocurrencies.
- Search for SRM: Type “SRM” in the search bar and select the SRM/EUR or SRM/USDT trading pair.
Step 4: Place Your Buy Order
- Choose the Order Type: Bitpanda only supports Market Orders, so your order will execute at the best available price.
- Enter the Amount: Specify how much SRM you want to purchase.
- Confirm Your Purchase: Review the details and click “Buy SRM” to finalize the transaction.
Step 5: Secure Your SRM
- Check Your Balance: After the transaction, go to “Accounts” to confirm your SRM balance.
- Transfer to a Secure Wallet (Optional): For additional security, transfer your SRM to a private wallet, such as a hardware wallet.
Buy Serum (SRM) on Bitfinex

- Fee Structure: Bitfinex charges a flat 0.10% trading fee for both maker and taker orders. Volume-based discounts are available for high-volume traders.
- Payment Methods: Bitfinex supports bank transfers, credit/debit card payments, and cryptocurrency deposits.
- Minimum Purchase Amount: The minimum amount required to buy SRM on Bitfinex is typically $10 USD.
- Order Types: Bitfinex supports Market, Limit, Stop-Limit, Trailing Stop, and Conditional Orders for professional traders.
- Security Features: Bitfinex uses industry-standard security practices, including cold storage, two-factor authentication (2FA), and SSL encryption.
- Regulation and Licensing: Bitfinex follows KYC (Know Your Customer) and AML (Anti-Money Laundering) standards but is not heavily regulated in all regions.
- Cryptocurrency Availability: Bitfinex supports over 150 cryptocurrencies, including SRM.
- User-Friendliness: Bitfinex is tailored more toward professional traders, offering advanced tools and features like margin trading and deep liquidity.
- Two-Factor Authentication (2FA): 2FA is highly recommended to secure your Bitfinex account.
- Customer Support: Bitfinex offers responsive customer support via live chat, email, and an extensive help center.
Step 1: Create and Verify Your Bitfinex Account
- Visit Bitfinex: Go to www.bitfinex.com.
- Sign Up: Click “Sign Up” and enter your email, create a secure password, and complete the verification process.
- Verify Your Identity: Complete the KYC process by submitting a government-issued ID and completing facial verification.
Step 2: Deposit Funds into Your Bitfinex Account
- Log In: After completing registration and verification, log into your Bitfinex account.
- Deposit Funds:
- For Fiat: Go to “Deposit” > “Fiat” and select your payment method.
- For Crypto: Go to “Deposit” > “Crypto” and transfer the cryptocurrency you wish to use for purchasing SRM.
Step 3: Find Serum (SRM)
- Go to the Markets Section: On Bitfinex’s homepage, click “Markets” to access available trading pairs.
- Search for SRM: In the search bar, type “SRM” and select the trading pair (e.g., SRM/USD or SRM/USDT).
Step 4: Place Your Buy Order
- Choose the Order Type:
- Market Order: Choose “Market Order” to buy SRM at the best available market price.
- Limit Order: Choose “Limit Order” if you want to buy SRM at a specific price.
- Enter the Amount: Specify how much SRM you wish to purchase or how much fiat you want to spend.
- Confirm Your Purchase: Review your order and click “Buy SRM” to complete the transaction.
Step 5: Secure Your SRM
- Check Your Balance: After completing the purchase, go to “Balances” to verify that your SRM is now in your Bitfinex account.
- Transfer to a Secure Wallet (Optional): For added security, consider transferring your SRM to a personal wallet instead of leaving it on the exchange.