Most layer-1 blockchains miss certain key features that developers may need to keep building on the chain. Casper seeks to bridge this gap by providing all the features in a traditional technology stack, allowing for better adoption of blockchain technology. In this guide, you will learn more about Casper and how you can buy Casper (CSPR) with a credit card.
Do you want to buy CSPR? Use and test these exchanges
Best for staking
Best for margin trading
Best for traders
Our methodology for selecting the platforms to purchase CSPR
When selecting the top platforms to purchase CSPR, a meticulous testing process was carried out over a period of six months. The most important factors taken into consideration were availability. However, preference was also given to platforms with enhanced security measures and a user-friendly experience. This methodology was peer reviewed and fact checked to ensure accuracy of information.
MEXC: MEXC, founded in 2018, is a global cryptocurrency exchange that has rapidly grown in prominence, serving over 6 million users across more than 200 countries. The platform is known for its wide range of trading products, including spot trading, leveraged ETFs, margin trading, and futures products.
• Spot trading fee of 0.1%
• Crypto derivatives
• Peer-to-peer trading
OKX: OKX is a globally renown exchange that supports more than 100 countries, hundreds of cryptocurrencies, and multiple payment methods. The exchange gives customer assurances through a proof of reserves and two separate funds.
• NFT gateway
• Staking and earn features
• Tired fee schedule that favors frequent traders
Uphold: Uphold is a multi-asset exchange that was founded in 2015 by Halsey Minor, co-founder of CNET. The exchange supports more than 180 countries, 200 currencies, and more than 260 cryptocurrencies.
• Regulated by FinCEN, FINTRAC, and the FCA
• Supports commodities, crypto, and fiat currencies
• Vault custodian services
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What is Casper (CSPR)?
Casper is a proof-of-stake (PoS) public blockchain developed by Casper Labs that supports the development of decentralized applications (DApps). This choice of consensus enhances its scalability, security, and environmental friendliness.
“Blockchain is the most effective form of copy protection and digital certification the world has ever seen, and the technology is quietly helping companies increase efficiency, transparency, and optimize costs.”
Mrinal Manohar, CEO of Casper Labs
CSPR is the native cryptocurrency of the Casper Network. CSPR tokens are crucial in securing the network through crypto staking and validator rewards. Additionally, they facilitate transactions, smart contract execution, and governance within the Casper ecosystem.
CSPR tokens are ERC-20 tokens operating on Ethereum and have a market capitalization of over $374 million. As of late November 2023, the digital asset had a total supply of approximately 12 billion coins, with a circulating supply just shy of 11.5 billion.
The Casper Network holds over 25 million patents in NFT form, the largest for any blockchain platform.
How to buy CSPR with a credit card
Using a credit card is among the easiest and most convenient ways for an investor to get CSPR tokens. The following steps reveal how to buy CSPR with a credit card on the leading crypto exchange, OKX. Moreover, this process should help you easily navigate through the world of transactions in the Casper Network.
Select a reliable crypto exchange to buy CSPR with a credit card
To buy CSPR with your credit card, choose a suitable cryptocurrency exchange. Look for an exchange that supports CSPR tokens and offers the convenience of credit card purchases. Some exchanges that provide this option include OKX, Uphold, and MEXC.
Register an account
After identifying your ideal exchange, the next step is creating your account. Most exchanges allow you to sign up using your phone number or email. For this example, we take you through registering your account on OKX.
Find OKX’s website and navigate to the signup page. Additionally, select the method you would like to register with, i.e., phone or email.
Select your region/country and create a strong, unique password to safeguard your account. Subsequently, follow the prompts that appear to guide you to the verification page.
Cryptocurrency exchanges typically require users to complete identity verification in line with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. This may involve submitting personal identification documents, such as a driver’s license, passport, or a selfie for facial recognition.
While this step may seem intrusive, it’s necessary for exchanges to comply with regulations. Complete the process to have your account up and ready.
Add your credit card to buy CSPR
Once you have created and verified your account, link your credit card to the exchange. This process involves providing your credit card information, including the card number, expiration date, and security code.
Place an order
With your credit card successfully linked and your identity verified, you’re ready to purchase casper. Navigate to the ‘Express Buy’ dashboard and type in the fiat currency you want to use to purchase CSPR with a credit card.
Determine the amount you want to buy and review the exchange’s terms and fees.
Confirm the transaction
Double-check all the details before confirming your transaction. Ensure that you’re purchasing the correct quantity of CSPR and that your credit card details are accurate. Then, confirm your order, considering any associated costs, such as trading and credit card processing fees.
Securing a casper wallet to buy CSPR with a credit card
Upon completing your order and ensuring a successful transaction, you’ll immediately see CSPR coins in your exchange wallet. To enhance the security of your digital assets, consider taking measures that enhance your crypto wallet security. These include enabling two-factor authentication (2FA) and biometric logins where supported.
Transferring your CSPR with a wallet
Once you’ve successfully purchased CSPR, consider transferring them to a secure, non-custodial wallet for added protection. You have a rich selection of hot and cold wallets to choose from. But the latter provides better protection for your assets, especially if you opt for an air-gapped wallet.
When using a cryptocurrency wallet, you’ll receive private keys essential for accessing and managing your CSPR. It’s crucial to keep them secure and never share them with anyone. And that’s it! That’s how easy it is to purchase CSPR with a credit card on OKX.
Streamlining CSPR purchases
If you want to buy casper with a credit card, this guide demonstrates the process can be straightforward when following the steps outlined. However, it is crucial to exercise caution and prioritize security throughout the process. Start by choosing a reputable cryptocurrency exchange that lists CSPR. Next, complete all mandatory identity verification steps in accordance with regulatory requirements. By following these steps, you can safely and efficiently add CSPR to your crypto portfolio.
Frequently asked questions
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Can CSPR reach $10?
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Is Casper listed on Binance?
Who is behind Casper?
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Is it safe to buy Casper with a credit card?
Disclaimer
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