Carry (CRE) is the 560th largest cryptocurrency by market cap, valued at US$31,973,898.
Carry is a highly volatile asset capable of major price swings in a single day. Today CRE is trading for $0.00362966 USD, which is lower than yesterday's trading price of $0.0036457776 USD. Over the past year, Carry's price has seen a decrease of -35%.
So before you buy Carry, make sure you understand these unique risks as well as its legal and tax status here in Canada.
If you're ready to get started, read on for step-by-step instructions on how you can buy Carry.
How to buy Carry in 4 steps
The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.
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Compare crypto exchanges
The easiest way to buy Carry is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
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Create an account
To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
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Make a deposit
Once verified, you can deposit CAD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
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Buy Carry
You can now exchange your funds for Carry. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Carry to your personal wallet.
Where to buy Carry in Canada
Find an exchange to buy, sell and trade CRE by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.
How we keep this Carry guide up-to-date
- CRE price data is regularly updated through data feeds so you always have the latest information.
- Carry performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.
How do I find the best places to buy Carry?
Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Canada to help you choose the one that's right for you.
Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.
What will I need to buy Carry?
To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.
An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Carry.
- This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
- Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing CRE with your local currency then you will need to pass KYC.
- Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.
What are the best ways to buy Carry?
Once you've created an account, you will need to deposit funds to buy CRE with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy CRE:
- Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
- Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
- Cryptocurrency: You can usually purchase CRE by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for CRE on the spot market to see what cryptocurrencies it can be traded for.
What is the easiest way to buy Carry?
The easiest way to buy CRE is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.
Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.
Before buying CRE, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Carry has been performing recently.
Best Carry wallets to store your CRE
You can keep your CRE on the exchange you purchased it on, or move it to a personal wallet:
- Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
- Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your CRE below.
Ledger Nano X Wallet |
Trezor Model T Wallet |
SafePal S1 Wallet |
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Supported assets 5,500+ |
Supported assets 1,317+ |
Supported assets 30,000+ |
Price (USD) $149 |
Price (USD) $186 |
Price (USD) $49.99 |
See more of the best crypto wallets
Is Carry a good investment?
When deciding to invest in a cryptocurrency like CRE, it’s important to consider the coin and its platform’s potential upside and deterrents:- Tokenomics. Upon launch, the CRE token went through a number of sales, including a seed sale, a private sale, a presale and, finally, a public sale. The vast majority of the token’s max supply was circulated through the private sale (34.39%), compared to only 1.55% in the public sale. This means the token is predominantly owned by whales (investors or venture capitalists with a large net worth).
- Team. Cryptocurrency, especially apps in the decentralised finance sphere, are notorious for a lack of transparency with their development team. In contrast, Carry provides potential investors with a huge amount of information on their team. Before you buy, it might be worth reading through all the available information on their team, including past endeavours, education and Fintech experience.
- Development. As of July 2021, the roadmap for expansion is unclear. Carry intends to be the first "widely-adopted everyday cryptocurrency", but has only been rolled out to citizens in Korea. How they increase their capacity and address any scalability concerns will be vital to the future success (and price) of the CRE token.
Today's Carry price versus ATH
Compare today's price of Carry ($0.00362966 USD) against its all-time-high price of $0.084369 USD on 17 May 2019. The closer the bar is to 100%, the closer CRE is to reaching its ATH again.
ATH date: May 17, 2019
Carry ATH: $0.084369
How to trade, convert or sell Carry
You can convert or sell your CRE with the same exchange you bought it through:- Sign in to the exchange you have CRE on.
- If you store your Carry in a digital wallet, compare crypto exchanges to convert or sell it on.
- Choose Sell or Convert and place a sell order.
- Choose the amount of CRE you'd like to convert or sell.
- Confirm the sell price and fees and close your sale of Carry.
- Complete your transaction and move your CRE to a wallet for storage.
Disclaimer: Cryptocurrencies, including Carry, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of CRE is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Carry or any other cryptocurrency discussed.
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