Where and how to buy Spell Token
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a Spell Token order through any of the various payment options provided.
Step 4:Monitor Spell Token in your Bitget spot account
Alternative methods to obtain Spell Token
Convert crypto to Spell Token with Bitget Convert
Swap on-chain assets to Spell Token with Bitget Swap
Methods to obtain Spell Token for free
Buy other cryptos
Buy Spell Token in a different country
How to buy Spell Token in other countries?
What can you do with Spell Token?
Store/Hold Spell Token
Many users hold on to their Spell Token with the expectation of it increasing in value. You can store your SPELL safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade Spell Token
You can trade Spell Token for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Spell Token trading to meet your needs.
Send Spell Token
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Spell Token online and send to anyone and anywhere with their Spell Token address.
Spend Spell Token
You can also buy goods and services with your Spell Token. More and more vendors and retailers accept Spell Token every day.
Donate Spell Token
Bitget Charity accepts Spell Token donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Spell Token so no one misses out on the growth made possible by blockchain.
Learn More About Spell Token
You can read more in-depth articles on Spell Token from Bitget Research and study how cryptocurrencies like Spell Token work on Bitget Academy
Market stats to assist in determining optimal times for purchasing Spell Token
What is Abracadabra Money (SPELL)?
Abracadabra Money is a decentralized lending platform that allows users to make passive income from yield-bearing tokens of other DeFi platforms. The lending platform was created by someone with the pseudonym "Squirrel" and Daniele Sesta in 2021. It was initially built on Ethereum but has expanded to Fantom, Avalanche, BNB Chain, Arbitrum, and Optimism.
How Abracadabra Money (SPELL) Works
Users need to deposit interest-generating tokens from other protocols like yvWETH and xSUSHI as collaterals into Abracadabra to receive the protocol's USD stablecoin called MIM (Magic Internet Money).
Another token that plays an important role in Abracadabra Money is SPELL. SPELL primarily serves as the governance token of the protocol, and it can also be used to stake to generate extra income.
How Many Abracadabra Money (SPELL) Tokens Are in Circulation?
At the beginning, SPELL had a total supply of 420 billion tokens. Later, half the tokens were burned, leaving 210 billion tokens remaining as the total supply. At the moment, there are 104.32 billion SPELL tokens in circulation.
How to Buy Abracadabra Money (SPELL)
Consider investing in Abracadabra Money (SPELL)? It only takes 2 minutes to create an account on Bitget and start trading SPELL.
Check out the available SPEL L trading pairs on Bitget!
Spot market
Abracadabra Money (SPELL) Resources
How to safely store your Spell Token
- Sign up and transfer SPELL to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your SPELL.
How to withdraw Spell Token with Bitget's hassle-free withdrawal process
SPELL to local currency
Crypto calculator- 1 SPELL to USD$0
- 1 SPELL to JPY0
- 1 SPELL to VND0
- 1 SPELL to RUB0
- 1 SPELL to EUR (Español)0
- 1 SPELL to TRY0
- 1 SPELL to EUR (Italiano)0
- 1 SPELL to EUR (Français)0
- 1 SPELL to EUR (Deutsch)0
- 1 SPELL to CNY0
- 1 SPELL to TWD0
- 1 SPELL to EUR (Português)0
- 1 SPELL to IDR0
- 1 SPELL to THB0
- 1 SPELL to PLN0
- 1 SPELL to UAH0
- 1 SPELL to UZS0
- 1 SPELL to SAR0
- 1 SPELL to PHP0