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How to buy Moonbeam (GLMR)

Learn how to buy Moonbeam (GLMR) in our step-by-step guide.

Moonbeam (GLMR) is in the top 1,000 cryptocurrencies by market cap, valued at $169,281,771.

Moonbeam is a highly volatile asset capable of major price swings in a single day. Today GLMR is trading for $0.261023, which is slightly down from yesterday's trading price of $0.26210618. Moonbeam's seen a decrease of -79% over the past year.

So before you buy Moonbeam, make sure you understand these unique risks as well as its legal, regulatory and tax status here in the US.

If you're ready to get started, read on for step-by-step instructions and a list of platforms you can buy Moonbeam.

How to buy Moonbeam 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.

  1. Compare crypto exchanges
    The easiest way to buy Moonbeam 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.
  2. 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.
  3. Make a deposit
    Once verified, you can deposit USD using the payment method that best suits you – cryptocurrency, card and bank payments are widely accepted.
  4. Buy Moonbeam
    You can now exchange your funds for Moonbeam. 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 Moonbeam to your personal wallet.

Where to buy Moonbeam

Find an exchange to buy, sell and trade GLMR by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

1 - 3 of 3
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
OFFER
Uphold - Digital Asset Platform
Bank transfer, Credit card, Debit card, Bank transfer (SEPA), Apple Pay, Google Pay
USD, GBP, AUD, EUR, CAD, CNY, JPY, SGD, INR, NZD

235
cryptocurrencies

Refer a friend to earn US$20 — $10 for you and $10 for the person you refer. T&Cs apply.
OFFER
KuCoin Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal, P2P, Zelle
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND

744
cryptocurrencies

Sign up and get up to US$10 in rewards. Make trades to get up to US$500 in rewards. T&Cs apply.
Finder Award
Crypto.com App
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal, Wire transfer, Apple Pay, Google Pay, SWIFT
USD, EUR, GBP, COP, CHF, HKD, SGD, AUD, CAD, KRW, SEK, CNY, TRY, RON, JPY, NOK, MYR, BRL, DKK, ZAR, BGN, THB, INR, TWD, PHP, IDR, MOP, MDL, SAR, MXN, CLP

272
cryptocurrencies

Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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How we keep this Moonbeam guide up-to-date

  • GLMR price data is regularly updated through data feeds so you always have the latest information.
  • Moonbeam 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 Moonbeam?

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 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.

Read more

What will I need to buy Moonbeam?

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 Moonbeam.

  • 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 GLMR 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.
Read more

What are the best ways to buy Moonbeam?

Once you've created an account, you will need to deposit funds to buy GLMR 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 to buy GLMR:

  • 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 GLMR by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for GLMR on the spot market to see what cryptocurrencies it can be traded for.
Read more

What is the easiest way to buy Moonbeam?

The easiest way to buy GLMR 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.

Read more

Best Moonbeam wallets to store your GLMR

You can keep your GLMR 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 GLMR below.
Read more

Ledger Nano X Wallet
★★★★★ 4.6

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

Trezor Model T Wallet
★★★★★ 4

Price (USD)
$186
Supported assets
1,317+
Go to site

SafePal S1 Wallet
★★★★★ 4

Price (USD)
$49.99
Supported assets
30,000+
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 Moonbeam a good investment?

All altcoin investments carry extreme risk, which is why both the token and the associated protocol should be thoroughly evaluated. Here are a few factors to consider before investing GLMR:

  • First-mover advantage: Launching as the first parachain within the Polkadot ecosystem has allowed Moonbeam to integrate with a high number of decentralized applications. While this does not guarantee the project’s success, the first-mover advantage does place the project ahead of younger competitors – for now. With Moonbeam’s focus on interoperability, the protocol has entered a saturated market that consists of numerous other protocols trying to unlock interoperability issues.
  • Developer friendly:The project allows developers to utilise their existing Solidity smart contracts without the need for reconfiguration. Furthermore, Moonbeam is fully compatible with a host of ETH-based tools, including MetaMask, Hardhat, Waffle, Remix and Truffle. Lastly, the ecosystem allows for seamless interactions with other Polka systems, including various oracles and cross-bridge solutions. Increased interoperability could encourage developers to utilise the protocol, which could place more demand on the GLMR coin.
  • Solid team:The project is led by Derek Yoo and Stefan Mehlhorn. Yoo is a crypto-tech entrepreneur that was the CEO of PureStake (a blockchain infrastructure provider). Likewise, Stefan Mehlhorn has previously worked for a number of mainstream technology giants including Samsung Pay, Candibell Inc., LoopPay and Permessa. A strong foundational team is encouraging to see and could increase the chances of the project’s long-term success.
  • Read more

    Today's Moonbeam price versus ATH

    Compare today's price of Moonbeam ($0.261023 USD) against its all-time high (ATH) price of $19.50 on January 11, 2022. The closer the bar is to 100%, the closer GLMR is to reaching its ATH again.

    Current price: $0.261023
    All time high: $19.50
    1%
    98%

    How do I trade, convert or sell Moonbeam?

    You can convert or sell your GLMR with the same exchange you bought it through:
    1. Sign in to the exchange you have GLMR on.
    2. If you store your Moonbeam in a digital wallet, compare crypto exchanges to convert or sell it on.
    3. Choose Sell or Convert and place a sell order.
    4. Choose the amount of GLMR you'd like to convert or sell.
    5. Confirm the sell price and fees and close your sale of Moonbeam.
    6. Complete your transaction and move your GLMR to a wallet for storage.
    Read more

    How to buy other cryptos


    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.

    Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.

    Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
    KuCoin Cryptocurrency Exchange
    OFFER
    KuCoin Cryptocurrency Exchange
    Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal, P2P
    USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND

    743
    cryptocurrencies

    Sign up and get up to US$10 in rewards. Make trades to get up to US$500 in rewards. T&Cs apply.
    Binance Cryptocurrency Exchange
    Bank transfer, Credit card, Cryptocurrency, Debit card, P2P
    USD, AUD, GBP, EUR, RUB, TRY, NGN, UAH, PHP, CZK & 60+ more

    370
    cryptocurrencies

    Bybit Cryptocurrency Exchange
    Bybit Cryptocurrency Exchange
    Bank transfer, Credit card, Cryptocurrency, Debit card, P2P
    USD, AUD, CAD, EUR, GBP, NZD, HKD, JPY, SGD, PHP

    279
    cryptocurrencies

    Disclaimer: Highly volatile investment product. Your capital is at risk.
    Gate.io Cryptocurrency Exchange
    Bank transfer, Credit card, Cryptocurrency, Debit card
    USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

    1607
    cryptocurrencies

    Kraken Cryptocurrency Exchange
    Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay, SWIFT
    USD, EUR, CAD, AUD, GBP, CHF, JPY, AED

    222
    cryptocurrencies

    OKX Cryptocurrency Exchange
    Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)
    USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP

    338
    cryptocurrencies

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