A Comprehensive Guide on How to Buy CORE

CORE, a rising player in the cryptocurrency market, has gained significant attention since its launch. Its decentralized structure and innovative ecosystem appeal to many investors. We’ll show you simple, fast, and secure ways to buy and store CORE. To keep things short, we think that Coinbase is the best option to buy CORE. Why Coinbase?

The following table explains why Coinbase is the best choice for buying Core.

Coinbase is a regulated crypto custodian with licenses around the world. This means Coinbase meets strict security standards and is supervised by financial authorities. Even BlackRock, the world’s largest asset manager, entrusts Coinbase with the custody of digital assets for its ETFs. This speaks to the extremely high level of security Coinbase provides.

While you have the flexibility to use external wallets, Coinbase provides a highly secure environment for storing your Core Token (CORE). Unlike some platforms that impose delays on withdrawals, Coinbase processes them immediately, giving you quick access to your funds.

Cost-effectiveness is another advantage. Coinbase’s fees are remarkably competitive at 0.15%, significantly lower than the industry average. To put this into perspective, some competitors charge as much as 1.5% for transactions.

Coinbase prioritizes user security with features like two-factor authentication (2FA), adding an extra layer of protection to your account. They also offer customer support, typically responding within 24 hours. (We can personally vouch for their support team’s efficiency and helpfulness.)

The platform itself is designed with user-friendliness in mind. Its intuitive interface caters to both novice and experienced traders. And with dedicated apps for Android and iOS devices, you can manage your Core Token portfolio and execute trades conveniently from anywhere.

How to Buy Core Token (CORE) on Coinbase

Step 1: Sign Up for Coinbase

Before you can start buying Core Token, you need to create an account on Coinbase. Visit Coinbase.com and click “Get Started.” You will be prompted to enter your name, email, and a password. Once completed, click “Create Account.”

Step 2: Verify Your Identity

Coinbase requires you to verify your identity in order to comply with regulatory requirements. You will need to upload a government-issued ID and provide personal details like your address and date of birth. This process may take a few minutes to complete.

Step 3: Add a Payment Method

To buy Core Token, you need to link a payment method. Coinbase supports several options, including:

• Bank Account: Link your bank account for lower fees and higher transaction limits.
• Credit or Debit Card: Ideal for faster purchases, though fees are typically higher than bank transfers.
• PayPal: Coinbase also supports PayPal for deposits and withdrawals in certain countries.

Step 4: Buy Core Token

Once your account is set up and your payment method is linked, you’re ready to buy Core Token!

1. On the Coinbase dashboard, navigate to the “Buy/Sell” section.
2. Select Core Token (CORE) from the list of available cryptocurrencies.
3. Enter the amount of Core Token you wish to purchase, either in your local currency (e.g., USD, EUR) or CORE.
4. Choose your payment method (e.g., bank account, credit card).
5. Review the transaction details, including any fees, and click “Buy Now” to complete the purchase.

Step 5: Store Your Core Token Securely

After purchasing Core Token, it will be stored in your Coinbase wallet. For added security, it’s recommended to transfer your CORE to a personal wallet (such as a hardware wallet from Ledger or Trezor) rather than keeping it on Coinbase, which is an online exchange.

Benefits of Buying Core Token on Coinbase:

• User-Friendly Interface: Coinbase is known for its intuitive design, making it easy for beginners to navigate.
• High Security: Coinbase uses industry-standard security measures such as two-factor authentication (2FA) and insurance for funds held in the Coinbase Vault.
• Wide Payment Options: Coinbase supports multiple payment methods, including bank transfers, credit cards, and PayPal.

Binance is one of the world’s largest and most popular cryptocurrency exchanges, known for its high security and user-friendly platform. Previously, it was not possible to directly buy Core Token (CORE) using fiat currencies like Euro (EUR) or US Dollars (USD) on Binance. However, this has now changed, and you can easily purchase Core Token with a credit card or trade it using different cryptocurrencies. In this guide, we’ll walk you through both options!

Step 1: Register on Binance

Unlike many other exchanges, Binance offers the option to verify your identity. While this is not mandatory, completing the verification process will allow you to increase your daily withdrawal limit to 100 CORE. Without verification, the daily limit is 2 CORE, and you can still use all the other platform features.

Step 2: Buy Core Token with a Credit Card

To buy Core Token via credit card on Binance, follow these steps:

1. Navigate to the Credit Card Section: In the top menu, click on “Buy Crypto” and then select “Buy with Credit Card.”
2. Select Your Payment Currency: Choose Core Token (CORE) as your cryptocurrency and select your payment currency (Euro or USD).
3. Enter Your Personal Information: Fill in your details in the provided fields.
4. Verify Email and Phone Number: You will need to verify your email and phone number using a code.
5. Proceed to Payment: After verification, click “Next” to enter your credit card information.
6. Upload ID for Verification: To complete the process, upload the front and back of your passport to verify your identity.

Important Notes Before and After Your Purchase

• Core Token Price Fluctuation: The CORE amount displayed is based on the current price and may change. If the rate fluctuates by more than ±2.5%, you will be asked to reconfirm the transaction via email from Binance’s third-party provider.
• Transaction Fees: The provider may charge a small fee per transaction.
• Transaction Limits: The daily limit for purchases is USD 20,000 per user, and the monthly limit is USD 50,000. The minimum transaction amount is USD 50.
• Track Payment Status: After completing your purchase, you can check your payment status and deposit history through Binance.

Step 3: How to Trade Core Token on Binance

If you already have other cryptocurrencies such as Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), or Tether (USDT), you can deposit them into your Binance account and trade them for Core Token (CORE). Here’s how to exchange Ethereum (ETH) for Core Token (CORE):

1. Deposit Ethereum (ETH): If you already have Ethereum (ETH) on another exchange or wallet, you can directly send it to your Binance Ethereum wallet address. If you don’t have Ethereum yet, you can purchase it on a platform like Litebit. During the purchase process, simply provide your Binance Ethereum wallet address so Litebit can transfer the ETH to Binance immediately after the transaction is complete.
2. Access the Deposit Section: Once logged in, click on “Funds” in the navigation bar and then select “Deposit.”
3. Find Your Ethereum Wallet Address: In the search box, type “ETH” and select “Ethereum” from the list. You will see your unique Ethereum wallet address, which you can use to transfer your Ethereum from another wallet or exchange to Binance.
4. Exchange Ethereum for Core Token: Once your Ethereum has arrived in your Binance account, you can trade it for Core Token by going to the “Markets” tab, selecting “ETH/CORE,” and placing an order.

Additional Trading Tips

• Leverage Trading: Binance also offers margin trading with leverage for advanced users, allowing you to amplify your trades and maximize potential profits (with higher risk). Make sure to fully understand leverage before using this feature.
• Security: Ensure you activate two-factor authentication (2FA) to protect your account. Binance offers various security features like cold storage for crypto funds and insurance coverage in case of major losses.

Kraken is a regulated crypto custodian with licenses across various jurisdictions globally. Kraken is one of the world’s largest and most secure cryptocurrency exchanges, known for its advanced security protocols and user-friendly platform. Previously, purchasing Core Token (CORE) directly with fiat currencies like Euro (EUR) or US Dollars (USD) on Kraken was not possible. However, Kraken now offers easy options to buy Core Token with a credit card or trade it using other cryptocurrencies. In this guide, we’ll walk you through both options!

Step 1: Sign Up for Kraken

To start buying Core Token, create an account on Kraken’s platform. Visit Kraken.com and click on “Create Account.” You will be required to enter your name, email, and create a secure password. Once completed, click “Create Account.”

Step 2: Verify Your Identity

Kraken requires identity verification to comply with financial regulations. You must upload a government-issued ID and provide personal details such as your address and date of birth. This verification process ensures security and may take a few minutes to complete.

Step 3: Add a Payment Method

To buy Core Token, you need to link a payment method. Kraken supports several payment options, including:

• Bank Account: Offers lower fees and higher transaction limits.
• Credit or Debit Card: Suitable for quick purchases, though fees may be slightly higher than bank transfers.
• Wire Transfers: Ideal for larger purchases, Kraken supports wire transfers in multiple countries.

Step 4: Buy Core Token

Once your account is set up and a payment method is linked, you’re ready to buy Core Token!

• On the Kraken dashboard, navigate to the “Buy Crypto” section.
• Select Core Token (CORE) from the list of available cryptocurrencies.
• Enter the amount of Core Token you’d like to purchase, either in your local currency (e.g., USD, EUR) or in CORE.
• Choose your payment method (e.g., bank account, debit card).
• Review the transaction details, including any fees, and click “Buy Now” to complete your purchase.

Step 5: Store Your Core Token Securely

After purchasing Core Token, it will be stored in your Kraken wallet. For added security, it’s recommended to transfer your CORE to a personal wallet, such as a hardware wallet (e.g., Ledger or Trezor), rather than keeping it on Kraken, an online exchange.

Benefits of Buying Core Token on Kraken:

• User-Friendly Interface: Kraken offers a simple and intuitive design, making it accessible for both beginners and experienced traders.
• High Security: Kraken employs industry-leading security measures such as two-factor authentication (2FA) and provides insurance for funds held in its vault.
• Competitive Fees: Kraken offers a tiered fee structure with some of the lowest trading fees in the market.
• Multiple Payment Options: Kraken supports various payment methods, including bank transfers, credit cards, and wire transfers, to cater to different user needs.

About Kriptomat

In contrast to the established broker eToro, Kriptomat is a relatively young crypto exchange, but no less trustworthy. On Kriptomat, you can buy over 30 cryptocurrencies directly via Euro, USD, etc., and also send them directly to an external wallet. It is important to know that trading is currently restricted to Europe, meaning investors from countries like the USA are not allowed to use the platform.

The focus is on an easy-to-use and modern user interface that allows anyone to buy and trade cryptocurrencies. Therefore, Kriptomat is our top recommendation, especially for beginners! When it comes to security, Kriptomat stands out with two licenses from the Estonian government.

Another major advantage of Kriptomat is its fees. Unlike other exchanges and brokers, Kriptomat does not charge a price premium. Your purchase price corresponds to the spot price of Core Token (CORE). Kriptomat only charges a nominal fee for each transaction, which is displayed transparently during the creation of the buy order.

Set up a Core Token account on Kriptomat

Kriptomat adheres strictly to the legal requirements of the European Union, requiring full identity verification. To buy Core Token on Kriptomat, you first need to create an account. Visit the official website kriptomat.io and click on the orange “Register” button. A pop-up window will appear where you must enter your first and last name, email address, and a password.

Kriptomat will send you an email with a confirmation link. Click the link to verify your account. Once verified, you can log in with the credentials you provided. However, your registration is not yet complete.

Before you can buy Core Token and use additional exchange features, you must enter and verify your phone number. Kriptomat will send you an SMS containing a verification code, which you must enter on the website. To comply with strict EU guidelines, you must also confirm your full identity. Click on the corresponding prompt to proceed.

A new pop-up will appear where you must enter your address (street, house number, city, country). You will also need to upload a photo or scan of your passport or ID card. Kriptomat offers a seamless mobile verification process. Simply click on the provided link, and Kriptomat will send an SMS allowing you to continue the process on your smartphone.

You can take a photo of your ID (front and back) with your smartphone and upload it instantly. The same applies to the final step—Kriptomat requires a selfie for identity verification. You can grant Kriptomat access to your camera to take a selfie directly.

If you plan to buy cryptocurrencies via SEPA bank transfer, you will need to link a bank account to your Kriptomat account in the final step. You can then deposit funds via SEPA and use your balance to buy Core Token and other cryptocurrencies. If you use Neteller, Skrill, or a credit card, this step is not necessary. Once you’ve completed the verification process, the following purchase limits apply. Unlike other crypto exchanges, Kriptomat does not distinguish between different verification levels, as you have already completed the full verification.

Buy Core Token on Kriptomat

Buying Core Token on Kriptomat is simple and intuitive. Navigate to the “Buy/Sell” tab (Step 1) and select the “Buy” tab (Step 2). In the visible section below, select Core Token (CORE) to proceed with the purchase.

Next, choose from four different payment methods (Step 3). If you choose “EUR” via SEPA bank transfer, you must first link a bank account. However, the other three options (credit card, Neteller, Skrill) allow for instant purchases without additional steps.

In Step 4 (see screenshot), enter the amount of Core Token (CORE) you wish to purchase. Click “Buy Core Token,” and you will see the transaction fees for the order. To finalize the purchase, click “Confirm transaction.”

Kriptomat will confirm the purchase and redirect you to your “My Wallet” section. Within seconds, your purchased Core Token will be displayed in your wallet.

Benefits of Buying Core Token on Kriptomat

• User-Friendly Interface: Kriptomat is designed with simplicity in mind, making it ideal for beginners.
• High Security: Kriptomat adheres to strict EU regulations, ensuring a safe trading environment.
• Competitive Fees: Kriptomat does not charge price premiums, ensuring that you buy Core Token at the true market rate.
• Multiple Payment Options: Kriptomat supports various payment methods, including bank transfers, credit cards, Neteller, and Skrill, providing flexibility for all users.

Anycoin is a well-known cryptocurrency exchange platform that provides a simple and secure way to buy and sell Core Token (CORE) and other digital assets. Designed for both beginners and experienced traders, Anycoin offers an intuitive interface along with features that enhance security and streamline crypto trading.

Key Features of Anycoin:

1. User-Friendly Interface: Anycoin provides a clean and easy-to-use platform, ensuring new users can start trading quickly while also offering advanced features for seasoned traders.
2. Wide Selection of Cryptocurrencies: In addition to Core Token (CORE), Anycoin supports multiple cryptocurrencies, allowing you to diversify your digital portfolio.
3. High Security Standards: Security is a priority on Anycoin, with measures such as two-factor authentication (2FA) and SSL encryption to protect user accounts and transactions.
4. Low Fees: Anycoin offers competitive trading fees, making it an attractive platform for those looking to maximize their investments while minimizing costs.
5. Multiple Payment Methods: Users can purchase Core Token (CORE) using various payment methods, including bank transfers, credit cards, and PayPal, depending on their location.
6. Fast Transactions: Anycoin ensures quick processing times, allowing users to purchase and transfer their assets without long delays.
7. Wallet Support: While Anycoin provides a secure wallet for storing CORE, it is recommended to use a personal wallet, such as a hardware wallet, for added security.
8. Dedicated Customer Support: Anycoin offers responsive customer support, assisting users with any questions or issues they may encounter.
9. Mobile Apps: With dedicated Android and iOS apps, Anycoin allows users to manage their portfolio and trade on the go.

How to Buy Core Token on Anycoin:

1. Create an Account: Visit the Anycoin website and click “Sign Up.” Enter your name, email address, and set up a secure password. You will receive a verification email to confirm your account.
2. Verify Your Identity: Anycoin requires identity verification to comply with regulations. This process typically involves submitting a government-issued ID and personal information.
3. Link a Payment Method: To buy Core Token, link a payment method to your account. Anycoin supports bank transfers, credit cards, and PayPal.
4. Make Your Purchase: Once your account is verified and a payment method is linked, navigate to the “Buy” section, select Core Token (CORE), and enter the amount you wish to purchase. Review the transaction details and fees before completing your purchase.
5. Store Your Core Token Securely: After buying Core Token, it will be stored in your Anycoin wallet. However, for enhanced security, it is recommended to transfer your CORE to a personal wallet, such as a hardware wallet.

Benefits of Using Anycoin:

• Simple and Easy to Use: Anycoin’s user-friendly design makes cryptocurrency trading accessible for all experience levels.
• Secure Platform: Advanced security features, including 2FA and SSL encryption, safeguard user funds and accounts.
• Variety of Cryptocurrencies: Anycoin supports Core Token (CORE) along with other popular cryptocurrencies.
• Competitive Fees: Low transaction fees make Anycoin a cost-effective choice for buying and trading digital assets.
• Fast Transactions: Quick processing times ensure users receive their assets promptly after purchase.

Bybit is a well-known cryptocurrency exchange platform that specializes in trading digital assets, including Core Token (CORE) and other cryptocurrencies. Known for its advanced trading tools and high liquidity, Bybit is primarily used by experienced traders interested in leverage trading and derivatives.

Key Features of Bybit:

1. Advanced Trading Tools: Bybit offers spot trading, margin trading, and derivatives trading, including futures contracts. The platform also provides advanced charting features and technical analysis tools to help users make informed trading decisions.
2. High Liquidity: Bybit is known for its deep liquidity, which helps traders execute large trades without significant slippage. This makes it a reliable choice for both day traders and long-term investors.
3. Leverage Trading: One of Bybit’s standout features is its leverage trading options, allowing users to amplify their positions and increase potential profits. However, leverage trading carries higher risks, so it should be used cautiously.
4. User-Friendly Interface: Bybit provides an intuitive and well-designed trading interface, making it accessible to both beginners and experienced traders.
5. Security Features: Bybit prioritizes security with features such as two-factor authentication (2FA), cold storage for crypto assets, and an insurance fund to cover potential losses in extreme market conditions.
6. Mobile App: Bybit offers Android and iOS mobile apps, allowing users to trade and manage their assets from anywhere.
7. Fast Transactions: Bybit is known for its rapid order execution speeds, ensuring trades are completed instantly, which is crucial in volatile markets.
8. Referral Program: Users can earn rewards through Bybit’s referral program by inviting others to join the platform.
9. Customer Support: Bybit provides 24/7 customer support via live chat, email, and other communication channels.

How to Buy Core Token on Bybit:

1. Create an Account: Visit the Bybit website and click “Sign Up.” Enter your email address and create a secure password. You’ll receive a verification email to activate your account.
2. Verify Your Identity: To comply with regulations, Bybit may require KYC (Know Your Customer) verification. This includes submitting a government-issued ID and personal details.
3. Deposit Funds: Once your account is set up, you need to fund it. Bybit supports cryptocurrency deposits, including Core Token (CORE), USDT, and other assets.
4. Buy Core Token: To purchase Core Token (CORE) on Bybit:
   • Navigate to the “Spot” trading section.
   • Select Core Token (CORE) as the cryptocurrency you wish to buy.
   • Choose your trading pair (e.g., CORE/USDT).
   • Enter the amount of CORE you wish to purchase and review transaction details.
   • Confirm the purchase to complete your transaction.
5. Store Your Core Token: After purchasing Core Token, it will be stored in your Bybit wallet. For added security, transfer it to a private wallet, such as a hardware wallet (e.g., Ledger or Trezor).

Benefits of Using Bybit:

• Advanced Trading Options: Bybit is ideal for traders looking for advanced features like margin trading, leverage, and access to a range of crypto assets.
• Fast Execution and High Liquidity: The platform provides fast order execution and deep liquidity for seamless trading.
• Security: Bybit implements industry-leading security measures, including 2FA, cold storage, and an insurance fund to protect users.
• Mobile Trading: The Bybit mobile app ensures users can trade and manage their portfolios from anywhere.
• Competitive Fees: Bybit offers competitive trading fees, making it cost-effective for traders.
• 24/7 Support: Bybit provides round-the-clock customer support to assist users whenever needed.

Best CORE wallet: Electrum

When using a desktop wallet, we have had very good experiences with the Core Electrum Wallet. We will show you briefly how to download and use it. First, you have to go to the official site and download the wallet (click!). Click on the link to visit the website where you can download the wallet. Scroll down a bit and then click on the button “Download Electrum“.

Now you will land on a page where you have to choose the appropriate wallet for your operating system. If you are using Windows, you will need to download the Wallet version for Windows. For example, if you are a Windows user, click on “Windows Installer” (see picture: red arrow). If you want the app for Android, you need to select this installer accordingly:

Once the file is downloaded, click on the setup file. Select a directory where the wallet should be installed and click “Install”. The installation should not take longer than 2 minutes. Once completed, click “Close”.

Congratulations: the wallet is installed. Now start the Core Electrum Wallet by double-clicking the Electrum icon on the desktop. First, the software will ask you how you want to connect to a server. As a beginner, we recommend that you select “Auto connect” at this point.

The Electrum software will then detect that you have not yet created a wallet. Simply click “Continue” and you can give the wallet a custom name if necessary. Then, you have the possibility to set up different types of wallets. If you find setting up the wallet difficult, we recommend that you choose the “Standard wallet” as a beginner. The standard version is free and works efficiently.

Alternatively, you can create a “Wallet with two-factor authentication“. This requires a smartphone and the Google Authenticator app, available on the App Store and Google Playstore. Using a wallet with two-factor authentication costs a bit more but significantly enhances security. We highly recommend enabling this feature.

After clicking “Next”, a new seed must be generated. The seed also depends on the address format. We recommend selecting “Segwit“, as this is the most common address format compared to the older version. Your seed consists of 12 words, which act as your key to the wallet in case you lose your password or your computer malfunctions. It is extremely important to write down the seed and store it safely, preferably on paper.

In the next step, you will be asked to enter the seed again. Once completed, Electrum will prompt you to create a password. The longer, the better. Make sure to include numbers and special characters. This password is required every time you access the wallet, so keep it secure.

Now you are ready to use the Core Electrum Wallet. The “Receiving Address” you need for transactions can be found in the upper right corner under the “Receive” tab. Copy this address and use it when withdrawing from an exchange that supports Core Token. Once you have entered the receiving address, select a payment method on the exchange and finalize the transaction. Generally, the transaction should be credited to your wallet within 24 hours.

If you have any questions, feel free to write a comment. We are happy to help you!