How to Buy Icon (ICX)

These networks connect to the Icon Republic, a system that coordinates voting on software updates. With this design, Icon has gained attention from users who believe its decision-making methods and ability to enable blockchain interoperability will help adoption. 

Still not sure just how Icon works? If so, you might want to take a deeper dive in our official "What is Icon?" guide, which gives a broader overview of its voting technology. 

If you're already eager to begin voting and building, the first step is to buy ICX. 

Icon’s ICX cryptocurrency may be an asset to add to your portfolio if you’re interested in using or investing in alternative blockchain governance platforms. 

Note: Depending on the exchange you use, however, you may not be able to stake ICX directly in the service’s wallet.

 

There are a number of ways to buy ICX, but the easiest way is to use a trusted exchange service like Kraken. 

Aside from offering a simple interface and the lowest fees in the industry, Kraken is constantly rated one of the most secure and trusted crypto exchanges in the world. This matters because if you lose the private key to your ICX, it can be nearly impossible to recover your losses. 

At Kraken, we take security seriously, with state-of-the-art technology to protect client funds. We do not compromise when it comes to security and neither should you. 

Follow the steps below to start buying ether on Kraken:

1. Sign up for a Kraken account
   Enter a valid email address, select a unique username and set a strong password on your account.

2. Verify your account
   By adding your name, birth date, country and a phone number to your account, you can buy ICX with other cryptocurrencies like Bitcoin or Ether. In order to use fiat currency (i.e. USD or EUR) however, you’ll need to provide additional supporting documents verifying your identity. Read about our verification levels here.

3. Deposit fiat currency
   You can fund your account in a number of ways. How you do so will depend upon your location and preferences.

4. Buy ICX!
   Once your account is funded with fiat, you’re ready to purchase your first ICX. At this point, you’ll also have access to our advanced charting tools, 24-hour global client support and the ability to utilize spot trading on margin*.

*Availability of margin trading services is subject to certain limitations and eligibility criteria.

Once you’re done buying ICX, you should look for a way to secure it. The best way to do this is with a wallet that supports ICX. A wallet is a special software that allows you to send, receive and store one or more cryptocurrencies. 

There are many types of wallets you can use to keep your cryptocurrencies safe, including hardware, software and cloud. The option you choose will depend on your individual needs and preferences.

Ready to take the next step? Click the button below!