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How to buy THORChain(RUNE) Guide

Updated on:  2024/04/17 21:09:43(UTC+0)
Coin rating
4.5
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In this tutorial, we will discuss:
1
Where and how to buy THORChain
2
Alternative methods to obtain THORChain
3
Methods to obtain THORChain for free
4
What are the applications of THORChain
5
Market stats to assist in determining optimal times for purchasing THORChain
6
How to safely store your THORChain
7
How to withdraw THORChain

Where and how to buy THORChain

Investing in THORChain has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy THORChain. Here's a step-by-step guide on how to buy THORChain on Bitget.

Step-by-step guide

Step 1: Create a Bitget account.

Sign up and download the Bitget app to start your journey on Bitget.

Step 2: Complete Bitget's identity verification.

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Place a THORChain order through any of the various payment options provided.

Credit/Debit card: For Visa/Mastercard, select Credit/Debit card and then click Add New Card in the Buy Crypto tab.
Complete your payment on Bitget AppCredit/Debit in the Buy Crypto tab of the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteCredit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Complete your payment on Bitget AppAdd a new card to complete your payment on the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteEnter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your THORChain order.
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How to buy crypto with credit/debit card
Google Pay and Apple Pay: Turning your Google Pay and Apple Pay balance into THORChain is easy and secure on Bitget. Click Buy Crypto > [Third Party] in the top navigation bar to place your THORChain order.
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How to buy crypto via third-party gateway
Buy THORChain via bank transfer: We accept iDeal and SEPA for EUR payments, PIX for BRL payments, PayID for AUD payments, UPI for INR payments, QRIS, DANA, and OVO for IDR payments, SPEI for MXN payments, and Gcash for PHP payments. Services are provided by the AlchemyPay, Banxa, Mercuryo, and Simplex payment gateways. Select Buy Crypto > [Third Party] in the top navigation bar, then select a fiat currency to place your THORChain order.
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How to buy crypto on Bitget P2P
Buy THORChain with your Bitget account fiat balance: You can Deposit fiat funds with Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your THORChain order.
Zero-fee P2P trading: With Bitget P2P, you can buy crypto with over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Just place an order, pay the seller, and you'll get your crypto. Enjoy secured transactions using escrow.

Step 4:Monitor THORChain in your Bitget spot account

If you've chosen to purchase THORChain on Bitget, your THORChain will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.
Check your Assets
Check your assets

Alternative methods to obtain THORChain

In addition to purchasing THORChain directly, there are numerous other ways to obtain THORChain.

Convert crypto to THORChain with Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to THORChain. Just choose your available crypto assets, specify the amount for the THORChain swap, confirm, and check THORChain instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.
Bitget Convert Preview
Bitget Convert preview

Swap on-chain assets to THORChain with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to THORChain anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.
Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for THORChain.

Methods to obtain THORChain for free

Using real money to buy THORChain is not the only way to obtainTHORChain. If you have the time to allocate, you can get THORChain for free.
Learn how to earn THORChain for free through the Learn2Earn promotion
Earn free THORChain by inviting friends to join Bitget's Assist2Earn promotion
Receive free THORChain airdrops by joining On-going challenges and promotions
All crypto airdrops and rewards can be converted to THORChain through Bitget Convert, Bitget Swap, or Spot Trading.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or THORChain Price Page and bookmark them to stay updated!
THORChain
THORChain Price Now:
RUNE / USDT
$4.77
-0.29
-5.76%24H
The live THORChain price today is $4.77 USD with a 24-hour trading volume of $6857509.35 USD. We update our RUNE to USD price in realtime. RUNE is -5.76% in the last 24 hours.
Are you planning to buy RUNE?
See if other users are buying RUNE:
Yes
No
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A welcome pack of 1000 USDT for new Bitgetters!
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How to buy THORChain in other countries?

You can easily buy THORChain (THORChain) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying THORChain in your preferred location:
This information is manually updated. If you come across any inaccuracies, please inform us at [email protected]. Last checked on 2024-04-17.

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A welcome pack of 1000 USDT for new Bitgetters!

What can you do with THORChain?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.
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Store/Hold THORChain

Many users hold on to their THORChain with the expectation of it increasing in value. You can store your RUNE safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

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Trade THORChain

You can trade THORChain for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for THORChain trading to meet your needs.

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Send THORChain

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy THORChain online and send to anyone and anywhere with their THORChain address.

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Spend THORChain

You can also buy goods and services with your THORChain. More and more vendors and retailers accept THORChain every day.

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Donate THORChain

Bitget Charity accepts THORChain donations for global projects that aim to improve the lives of people in the bottom billion. You can donate THORChain so no one misses out on the growth made possible by blockchain.

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Learn More About THORChain

You can read more in-depth articles on THORChain from Bitget Research and study how cryptocurrencies like THORChain work on Bitget Academy

Market stats to assist in determining optimal times for purchasing THORChain

Maybe you just need to know more about it. Let us briefly guide you through the most interesting THORChain facts from our Bitget Academy articles. Learn why people buy THORChain today!

What is THORChain (RUNE)?

THORChain is a decentralized cross-chain liquidity protocol that uses Tendermint, Cosmos-SDK, and GG20 TSS. It manages funds directly in on-chain vaults and secures them using economic security. The protocol allows people to swap native assets across multiple chains, no user-registration required, transparent and fair prices, and continuous liquidity pools that maximize the efficiency of the protocol.

The protocol was created in 2018 by a team of anonymous developers at the Binance Dexathon. That being said, the project encourages the community to contribute to the development by joining the dev channels.

How THORChain (RUNE) Works

THORChain is a system that lets people trade different digital assets without a central exchange. It's made up of different parts that work together as follows:

- The Bifröst Protocol helps different parts of THORChain talk to each other by syncing data.

- THORChain Vaults hold digital assets and are split into two types: inbound (Asgard TSS Vaults) and outbound (Yggdrasil Vaults).

- The THORChain State Machine takes care of the transactions by checking what needs to happen next.

- Once a transaction is finalized, information about it is saved in the Key-Value store.

THORChain also has some special features to make sure everything is safe and efficient:

- The system checks which vault has the most security and tells users to send their assets there.

- The system tops up each Yggdrasil outbound vault to make sure it has enough assets.

- When a vault isn't being used anymore, the system moves everything out of it to keep things secure.

The platform has a native token called RUNE, which is used for settlement, network security, governance, and incentives. However, users do not necessarily need RUNE to use THORChain.

How Many THORChain (RUNE) Tokens Are in Circulation?

RUNE token has a total supply of 500,000,000, among which 327,056,566 tokens are being circulated.

How to Buy THORChain (RUNE)

Consider investing in THORChain (RUNE)? It only takes 2 minutes to create an account on Bitget and start trading RUNE. 

Check out the available RUNE trading pairs on Bitget!

Spot market

RUNEUSDT

THORChain (RUNE) Resources

Official Website

Official Whitepaper

Official Documents

How to safely store your THORChain

Many investors opt to hold onto their THORChain for long-term investment. Safeguard your THORChain with confidence using the Bitget Wallet, known for its industry-leading security and risk control, backed by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors. Sign up now to enjoy the perks of owning a THORChain wallet at Bitget.

How to withdraw THORChain with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your THORChain or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.
When it comes to withdrawing the THORChain you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.
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How to buy THORChain(RUNE) Guide

FAQ
How do I purchase THORChain?
Nowadays, you can purchase and store THORChain hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy THORChain. You can easily do it on your computer, tablet, iOS, or Android.
Can I buy US$1 worth of THORChain?
In theory, THORChain can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.
Can I buy US$10 of THORChain?
Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.
Where else can I buy THORChain?
If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.
Where is the best place to buy THORChain?
The best place to buy THORChain is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.
Should I buy THORChain right now?
You should make a decision on purchasing or investing in THORChain or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
Cryptocurrency investment activities, including actions done to buy THORChain online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy THORChain instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your THORChain purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.