How to Buy Bittensor (TAO)

How to Buy Bittensor (TAO): A Step-by-Step Guide

Buying Bittensor (TAO) on a Centralized Exchange

Exchange	Type	Pair	Price	Spread	24h Volume
Binance	CEX	TAO/USDT	242.6	0.0412	111,865
Binance	CEX	TAO/USDC	241.9	0.04168	48,991
KuCoin	CEX	TAO/USDT	241.94	0.0124	34,395
Gate.io	CEX	TAO/USDT	242.2	0.04127	34,041
MEXC	CEX	TAO/USDT	242.44	0.0577	28,791
Coinbase Exchange	CEX	TAO/USD	242.7	0.05356	15,728
MEXC	CEX	TAO/USDC	242.32	0.584	14,237
Bitget	CEX	TAO/USDT	241.9	0.04129	13,992
BTCC	CEX	TAO/USDT	242.1	0.04134	12,142
Bitget	CEX	TAO/USDC	241.9	0.08258	11,980

Total 57 markets

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Total 57 markets

Rows:

A centralized exchange (CEX) is one of the simplest ways to buy, hold, and trade cryptocurrencies. Here’s how you can purchase Bittensor (TAO) using a CEX:

Select a CEX: Pick a reliable and user-friendly crypto exchange that supports Bittensor (TAO). Consider factors like ease of use, fees, and payment options.
Create an Account: Sign up on the chosen exchange by providing your details and setting a strong password. Enable two-factor authentication (2FA) for added security.
Complete KYC Verification: Most reputable exchanges require you to verify your identity (KYC). This process varies by region but usually involves uploading identification documents.
Add a Payment Method: Link a payment method such as a credit/debit card or bank account by following the exchange’s instructions. The details required will depend on your bank’s security protocols.
Purchase Bittensor (TAO): Once your payment method is set up, you can buy Bittensor (TAO) directly using fiat currency or by first buying a common cryptocurrency like USDT and then exchanging it for Bittensor (TAO).

Buying Bittensor (TAO) on a Decentralized Exchange (DEX)

Not supported by any DEX at the moment.

Decentralized exchanges (DEXs) allow you to trade directly with other users without intermediaries. Here’s how to buy Bittensor (TAO) on a DEX:

Select a DEX: Choose a decentralized exchange that lists Bittensor (TAO). Open the DEX and connect your wallet. Ensure your wallet is compatible with the DEX’s network.
Acquire Base Currency: To trade on a DEX, you need a base currency like ETH. Purchase this on a centralized exchange first.
Transfer Base Currency to Wallet: Send the base currency to your wallet. This may take a few minutes.
Swap for Bittensor (TAO): Use the DEX to swap your base currency for Bittensor (TAO).

Note: Ensure you have enough native tokens (like ETH) for transaction fees. Adjust slippage tolerance settings as needed to ensure your transaction goes through smoothly.

Buying Bittensor (TAO) with a Crypto Wallet

You can also buy cryptocurrencies directly through certain crypto wallets. If your wallet supports it, follow these steps to buy Bittensor (TAO):

Choose a Wallet: Select a reputable crypto wallet that supports Bittensor (TAO).
Download the App: Install the wallet app from the Google Play Store, App Store, or as a browser extension.
Create a Wallet: Set up a new wallet or import an existing one. Be sure to write down your seed phrase and store it securely, as it’s essential for wallet recovery.
Buy Bittensor (TAO): Use the wallet’s supported payment method to purchase Bittensor (TAO). Be aware that wallet fees may be higher than exchange fees.
Swap for Bittensor (TAO): If direct purchase isn’t available, buy a common cryptocurrency like USDT first, then swap it for Bittensor (TAO) using your wallet or a decentralized exchange.