
Where to buy Fuse
It looks like FUSE may not be available to purchase on an exchange in the US.
You can still purchase FUSE 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 FUSE using a decentralized exchange.
- Find FUSE on a decentralized exchange and make sure Fuse can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
- Buy ETH to trade for FUSE using an exchange like Gemini. You will need to purchase enough ETH to swap for FUSE 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.
- Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
- Trade ETH for FUSE on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
- Wait for the transaction to finalize and the FUSE tokens will arrive in your wallet.
- 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 Fuse wallets to store your FUSE
You can keep your FUSE 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 FUSE below.
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 Fuse a good investment?
Every altcoin investment should be thoroughly researched. Both the token and the associated platform or project should be evaluated to look for the upside potential and downside risk. Here are a few factors to consider before investing in FUSE:
- Scalability: Scaling is one of the primary hurdles to the mainstream adoption of crypto payments. This makes it an extremely important problem for Fuse to overcome. Fortunately, the project has been anticipating the day when its user base will grow large enough to put its network to the test. To cope with the influx, Fuse plans to implement its own scaling solution: Flutter Layer 2 Payments (FL2P). FL2P is a Software Development Kit (SDK) based on zk-rollup technology. The technology can be used by developers to integrate into mobile wallets. Whether or not this solution will suffice when the time comes remains to be seen.
- Partnerships: Fuse is partnered and has integrated with some of the most remarkable projects and platforms within the cryptocurrency industry. Partnerships include Chainlink, Ramp Network, Orion Protocol, and DappRadar.
- Interoperability: The team believes in a multi-chain future; hence, it has leveraged various bridges that enable the porting of Fuse-native tokens to other networks like Binance Smart Chain, Polygon, Harmony. This may widen the use case of the FUSE token.
- Competition: Crypto payments are probably one of the most competitive use cases within DeFi. This may make it difficult for a project like Fuse to dominate. It has to compete with similar crypto ecosystems such as XRP and XLM, stablecoins such as USDT and UST, and even centralized but innovative solutions like Bitpay and Coinbase Commerce. Its mobile-centric approach might give it an edge over some crypto payment platforms. However, careful execution and proper timing are still crucial for its ecosystem to thrive in the years ahead.
- Ecosystem: The Fuse ecosystem is still very early in development. As a result, the ecosystem cannot yet boast a similar number of dApps integrations as other layer-1 blockchains, such as Ethereum, Fantom, and Solana. This could be viewed as both a risk and an opportunity, seeing as it has more challenges as well as more potential upside.
Today's Fuse price versus ATH
Compare today's price of Fuse ($0.071814 USD) against its all-time high (ATH) price of $2.13 on January 20, 2022. The closer the bar is to 100%, the closer FUSE is to reaching its ATH again.
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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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