Buy ICP in a few steps

Buy ICP in a few steps

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How to buy Internet Computer Protocol with card

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What is ICP?

Launched in May 2021 by a not-for-profit organization named "The DFINITY Foundation," Internet Computer (ICP) is a decentralized blockchain network created with the mission to transform the public Internet into a world-class computing platform.


ICP aims to push the Internet's boundaries by enabling the large-scale creation of smart contracts and decentralized applications (DApps). This will enable hosting a wide range of web services, including social media networks, DeFi, Web3.0 DApps, metaverses, NFTs, and more, in a completely decentralized environment. As a result, it converts the Internet into a decentralized global computer.


The people who use these services on the Internet Computer don't need any tokens, nor is it required for anyone wanting to verify the blockchain's transactions to download its state to their computer. At the heart of the Internet Computer's workings is the Chain Key Technology, a set of cryptographic protocols that power the platform.


It's because of this tech, that Internet Computer can add new nodes, implement scaling, remove defective nodes, form and restore subnets, and continuously update themselves. Internet Computer can process 250,000 queries per second, has a transaction finality of 1 second, and storage cost below $0.46 per GB per month.


How to buy Cryptocurrency?

Why buy ICP with OKX?

Buy/Sell ICP in a few steps

Simple

OKX makes it easy to buy Cryptocurrency with a user-friendly interface
Buy/Sell ICP in a few steps

Flexible

OKX offers a variety of payment methods and supports numerous local currencies to help users buy Internet Computer Protocol
Buy/Sell ICP in a few steps

Fast

Get detailed information about cryptocurrencies listed on OKX, including their tech, founders and price history

What can I do after I buy ICP?

Buy ICP coins and engage with a platform that's creating the Internet of tomorrow. Buying ICP is extremely easy on OKX, as you can purchase your assets in multiple ways. The following is what you can do with your purchased ICP tokens.


Stake on NNS


You can choose to stake your ICP coins in the Internet Computer's network nervous system (NNS), a decentralized autonomous organization (DAO) that manages and governs the Internet Computer. It runs based on a proof of stake (PoS) model, with the voting power determined by the amount of ICP tokens staked in it. You earn freshly minted ICP tokens as a reward for participating in Internet Computer’s governance.


Convert to Cycles


Use your ICP coins to pay for utilizing Internet Computer's resources. This is done by converting ICP coins into cycles via a burn mechanism, which is then used to pay for the development, deployment, and running of smart contracts on the Internet Computer's blockchain. These smart contracts are referred to as "Canisters" and actively use resources in the form of bandwidth, CPU power, and storage space for their operations.


Deposit into the OKX Savings Pool


You can visit our "Savings" page accessible from the "Grow" option in the header menu, and deposit your ICP coins to earn a regular yield. This is an excellent medium to generate passive income on your ICP holdings. The term is flexible, starting at 1 hour, and you're free to deposit and withdraw funds whenever you like, without any restrictions.


Use ICP as collateral for a crypto loan


Another useful way to make your ICP coins work for you is by pledging them as collateral and taking out a crypto loan against them. Visit our "Loan" page accessible under the "Grow" menu option, and you'll be able to borrow from around 30 different crypto coins by depositing ICP coins as collateral.

How to buy Cryptocurrency and store it safely?

Guide on how to buy Internet Computer Protocol (ICP)

Buy OKX with a credit/debit card


With OKX, you can seamlessly buy crypto directly with your MasterCard or VISA debit and credit cards. The simplest way to purchase ICP tokens with a credit or debit card is to buy USDT and then exchange it for ICP in the spot market.


Convert 100+ cryptocurrencies into ICP at zero slippage


If you hold BTC, SOL, OKB, MATIC, or any of the 100+ OKX Convert supported cryptocurrencies in an external wallet or on another exchange, you can send it to OKX and swap it for ICP at zero charges. All you need to do is transfer crypto to your OKX account and visit our OKX Convert page to swap the deposited asset for ICP.


Buy ICP in our spot market


OKX also allows you to make an almost-instant ICP purchase via our spot market. Access our "Basic Trading" page through the "Trade" menu and select from the ICP/USDT, ICP/USDC, or ICP/BTC trading pairs to buy ICP. You’ll need to place a "Buy" market order using the order form under the price chart. Make sure you move your USDT, USDC, or BTC funds to your OKX trading account before heading to the spot market.


Hold or trade ICP


If you want to hold your purchased ICP tokens long-term, you can store them safely in your OKX wallet. If you wish to trade, our spot trading page allows you to do so with various order types.


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FAQs
  • How do I buy ICP at my price?
    You can buy ICP at your price by setting up a limit "Buy ICP" order in our spot market.
  • Is it safe to buy ICP on OKX?
    Yes, it is entirely safe to buy ICP on OKX. We implement all possible industry-leading security protocols to safeguard your interests.
  • Can I profit from trading ICP?
    Yes. However, it will depend entirely on your knowledge of and experience in crypto trading and market conditions.
  • Can I buy ICP on my smartphone?
    Yes. OKX has a feature-rich mobile app that can help you buy ICP on your smartphone within minutes.
  • What are the most popular cryptocurrencies to invest in today?

    Top crypto, based on market capitalization or total circulation value, include Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and XRP (XRP).

    However, like all other crypto, the above are also featured with volatility and risks. You should do your own research (DYOR) and evaluate your risk appetite before investing in any crypto.

  • What are the top cryptocurrencies I can buy on OKX now?
    OKX provides access to hundreds of crypto and trading pairings. Some of the most popular crypto on OKX include BTC, ETH, USDT, DOGE, SOL and OKB. You can visit our brand-new OKX Crypto Calculator. Select a crypto and a fiat currency to check the estimated real-time price.