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How to buy Everest (ID)

Learn how to buy Everest (ID) in our step-by-step guide.

Where to buy Everest

It looks like ID may not be available to purchase on an exchange in the US.

You can still purchase ID by using a decentralized exchange (DEX) instead. Decentralized exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.

Decentralized exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralized exchanges first if you're unfamiliar.

How to purchase ID using a decentralized exchange.
  1. Find ID on a decentralized exchange and make sure Everest can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
  2. Buy ETH to trade for ID using an exchange like Gemini. You will need to purchase enough ETH to swap for ID as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
  3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade ETH for ID on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
  5. Wait for the transaction to finalize and the ID tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the US.

Best Everest wallets to store your ID

You can keep your ID 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 ID below.
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Ledger Nano X Wallet
★★★★★ 4.6

Price (USD)
$149
Supported assets
5,500+
Go to site

Trezor Model T Wallet
★★★★★ 4

Price (USD)
$219
Supported assets
1,456+
Go to site

Ledger Nano S Plus Wallet
★★★★★ 4.5

Price (USD)
$79
Supported assets
5,500+
Go to site

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Is Everest a good investment?

Cryptocurrency purchases can be extremely risky and, therefore, should be considered thoroughly. There are a number of factors to consider before investing in the ID token.
  • Adoption. EverID wants to reshape 20% of the global economy. The success of EverID’s impressive plans, therefore, hinges on the adoption of their services. A key goal of device-free identity verification is to provide those without access to the Internet or a computer the same economic opportunities as the rest of the world. However, considering ID tokens need to be used when providing these services, a significant uptake through governments, big businesses and society is necessary going forward.
  • Competition. Though EverID’s focus as a digital decentralized identifier (DID) is relatively unique, their overarching goal of providing global, accessible financial services to the population is a common theme in the cryptocurrency sphere. It was one of the motivators for blockchain technology being invented in the first place. Although perhaps ahead of the game, other digital identity solutions are starting to emerge in the industry, with the W3C aiming to standardise the process in 2021.
  • Availability. EverID aims to provide over 1 billion people access to their services. How the team develops the ID token’s accessibility will be pivotal to its success. As of July 2021, the coin is not widely available and cannot be purchased from major exchanges like Binance or Coinbase. The easiest way to purchase ID tokens is to trade them for another digital currency via a decentralized exchange like Uniswap.
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Today's Everest price versus ATH

Compare today's price of Everest ($0.03198418 USD) against its all-time high (ATH) price of $1.98 on April 09, 2021. The closer the bar is to 100%, the closer ID is to reaching its ATH again.

Current price: $0.03198418
All time high: $1.98
2%
98%

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance 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 cryptocurrencies discussed.

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