
You can buy Civic (CVC) on a cryptocurrency exchange like FTX. These specialised marketplaces allow you to buy and sell cryptocurrencies, and work similar to stock trading platforms. Blockchain technology opens up a lot of ways for new companies to disrupt pre-existing industries. Here's how to buy Civic.
How to buy Civic 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.
- Compare crypto exchangesThe easiest way to buy Civic 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.
- 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.
- Make a depositOnce verified, you can deposit kr using the payment method that best suits you – credit card, wire transfer, silvergate exchange network (sen) and signature signet payments are widely accepted.
- Buy Civic You can now exchange your funds for Civic. 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 Civic to your personal wallet.
Where to buy Civic in Sweden
Find an exchange to buy, sell and trade CVC by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
How do I find the best places to buy Civic?
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 Sweden 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 Civic?
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 Civic.
- 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 CVC 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 Civic with a credit or debit card?
Once you've created an account, you will need to deposit funds to buy CVC 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 CVC on the following exchanges:
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- 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 CVC by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for CVC on the spot market to see what cryptocurrencies it can be traded for.
What is the easiest way to buy Civic?
The easiest way to buy CVC 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 CVC, 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 Civic has been performing recently.
Best Civic wallets to store your CVC
You can keep your CVC 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.
Is Civic a good investment?
Cryptocurrencies are highly speculative assets, so it is important to perform due diligence before investing. If you’re thinking of buying CVC, remember to consider the following:
- Validator prices. Validators (those in charge of verifying identity within the Civic ecosystem) are able to set their own prices. This means that adoption by businesses needing IDV services may depend on the prices being set by validators. If validators are charging too much for their services, this could result in adoption faltering and the price of CVC falling.
- Competition. There are a huge range of identity verification services around the world – however, many of them are slow and outdated. Blockchain-based IDV is a concept growing in popularity, and as such Civic are not the only players in this space. The key are one such competitor. With that said, the need for a faster, cheaper and more accessible global IDV service is becoming more and more prevalent, so the relevance of the Civic project is likely to sustain beyond its immediate competition.
- Tied to a service. Unlike store of value, digital currencies such as Bitcoin, CVC is directly tied to a service. Although the cryptocurrency market is fuelled largely by speculation, Civic tokens' performance are slightly less likely to follow market trends and instead reflect the performance of the Civic platform.
Additional information about Civic can be found using our CVC analysis tools.
Today's Civic price versus ATH
Compare today's price of Civic ($0.157969 USD) against its all-time-high price of $2020-03-13T02:15:34.328Z USD on 01 January 1970. The closer the bar is to 100%, the closer CVC is to reaching its ATH again.
ATH date: March 13, 2020
Civic ATH: $1.35
How to trade, convert or sell Civic
You can convert or sell your CVC with the same exchange you bought it through:- Sign in to the exchange you have CVC on.
- If you store your Civic 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 CVC you'd like to convert or sell.
- Confirm the sell price and fees and close your sale of Civic.
- Complete your transaction and move your CVC to a wallet for storage.
Get started with crypto
Compare crypto exchanges and wallets
Learn how to buy other cryptos
Disclaimer: Cryptocurrencies, including Civic, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of CVC 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 Civic or any other cryptocurrency discussed.
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