Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

How to buy Tokenlon (LON)

Learn how to buy Tokenlon (LON) in our step-by-step guide.

Tokenlon
LON- USD
$0.61
+ $0.01 ( + 1.77%)
DECENTRALIZED-EXCHANGE

You can buy Tokenlon (LON) on a cryptocurrency exchange like KuCoin. These specialized marketplaces allow you to buy and sell cryptocurrencies, and work similar to stock trading platforms. Tokenlon Instant Exchange is a decentralized cryptocurrency exchange based on blockchain technology. Here's how to buy Tokenlon.

How to buy Tokenlon in 4 easy 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 Tokenlon 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 $ using the payment method that best suits you – cryptocurrency, PayPal, wire transfer and credit or debit card payments are widely accepted.
  4. Buy Tokenlon
    You can now exchange your funds for Tokenlon. 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 Tokenlon to your personal wallet.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy Tokenlon

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

1 - 1 of 1
Name Product Deposit methods Fiat Currencies Cryptocurrencies
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND

660
cryptocurrencies

Sign up and get up to US$10 in rewards. Make trades to get up to US$500 in rewards. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
loading

Compare up to 4 providers

How do I find the best places to buy Tokenlon?

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 the US 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 Tokenlon?

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 Tokenlon.

  • 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 LON 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.

Where can I buy Tokenlon with a credit or debit card?

Once you've created an account, you will need to deposit funds to buy LON with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are popular deposit methods to buy LON on the following exchanges:

Platform
Bank deposit
Card deposit
Crypto deposit
Buy LON
Go to KuCoin Cryptocurrency Exchange
  • 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 LON by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for LON on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Tokenlon?

The easiest way to buy LON 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 LON, 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 Analysis tools to get an idea of how the price of Tokenlon has been performing recently.

Best Tokenlon wallets to store your LON

You can keep your LON 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 learn more about wallets and compare them with our comprehensive guide.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Tokenlon a good investment?

Before investing in Tokenlon, here are some of the factors to consider:
  • Supply. The maximum supply of coins will have an impact on the price because an increased supply of coins can erode the value of the token. LON’s maximum supply is capped at 200 million and 130 million of them are allocated to the community. According to the Tokenlon “lightpaper”, the 130 million LON will be distributed in two phrases, while the 70 million LON that belong to Tokenlon’s team, other stakeholders and the development reserve will be released over 2 years.
  • Trade fee discount. As a LON holder, one of the main benefits is that you are entitled to a trading fee discount of up to 66%. For example, if you’re not a LON holder, you will pay a trade fee of 0.30%, but if you hold 5,000 LON, you only pay 0.20%.
  • Buyback. Net fees collected by Tokenlon are used to buy back LON, which is then returned to the treasury and staking reward pool. Until LON reaches the maximum capacity, each buyback is designed to trigger the mining of more LON, which are then distributed to mining participants.
  • Staking. As a LON holder, you will be able to access fee discounts and governance rights by staking your LON (locking away your LON rewards).

Additional information about Tokenlon can be found using our LON analysis tools.

Today's Tokenlon price versus ATH

Compare today's price of Tokenlon ($0.603983 USD) against its all-time-high price of $9.81 USD on 30 January 2021. The closer the bar is to 100%, the closer LON is to reaching its ATH again.

Tokenlon's price: $0.603983
ATH date: January 30, 2021
6.16%

Tokenlon ATH: $9.81


How to trade, convert or sell Tokenlon

You can convert or sell your LON with the same exchange you bought it through:
  1. Sign in to the exchange you have LON on.
  2. If you store your Tokenlon 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 LON you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Tokenlon.
  6. Complete your transaction and move your LON to a wallet for storage.

Disclaimer: Cryptocurrencies, including Tokenlon, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of LON 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 Tokenlon or any other cryptocurrency discussed.

More guides on Finder

  • EthereumPoW (ETHW) price, chart, coin profile and news

    This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on ETHW.

  • Coinbase Wrapped Staked ETH (CBETH) price, chart, coin profile and news

    This guide provides step-by-step instructions on how to buy Coinbase Wrapped Staked ETH, lists some exchanges where you can get it and provides daily price data on CBETH.

  • How to buy EthereumPoW (ETHW)

    This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on (ETHW).

  • How to buy Coinbase Wrapped Staked ETH (CBETH)

    This guide provides step-by-step instructions on how to buy Coinbase Wrapped Staked ETH, lists some exchanges where you can get it and provides daily price data on (CBETH).

  • How to buy Optimism (OP)

    This guide provides step-by-step instructions on how to buy Optimism, lists some exchanges where you can get it and provides daily price data on OP.

  • How to buy Efinity (EFI)

    This guide provides step-by-step instructions on how to buy Efinity, lists some exchanges where you can get it and provides daily price data on EFI.

  • How to buy Threshold Network (T)

    This guide provides step-by-step instructions on how to buy Threshold Network, lists some exchanges where you can get it and provides daily price data on T.

  • How to buy UltraSafe (ULTRA)

    This guide provides step-by-step instructions on how to buy UltraSafe, lists some exchanges where you can get it and provides daily price data on ULTRA.

  • How to buy Stargate Finance (STG)

    This guide provides step-by-step instructions on how to buy Stargate Finance, lists some exchanges where you can get it and provides daily price data on STG.

  • How to buy Step App (FITFI)

    This guide provides step-by-step instructions on how to buy Step App, lists some exchanges where you can get it and provides daily price data on FITFI.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site