Buy ICP (Internet Computer Coins)
As everyone I was super excited hearing binance will finally list the DFINITY ICP coins on its exchange platform and decided to buy a lot of ICP before the listing aiming to sell them back as soon as they hit Binance market, and make a huge profit (I expected x5) . But also just like everyone, I realize that buying ICP token was not an easy task.
I thought there was only one solution which is: register an account with FX, send my Ethereums to their platform, convert them to USD, and then finally I would be able to buy ICP coins. But it was not that easy, When I registered they automatically asked me for my Passport, name, phone, … (KYC).
And after sending all these documents, my account was still under verification after 24hours….
I Then talked to a friend who is like a full-time crypto trader, he laughed at me and and told me he found an easier way to do it… By crawling the DFINITY Gith (Creators of ICP), he found an app for swapping ETH for ICP. In other words, Buy ICP with ETH.
The link is https://www.dfinity-icp-swap.com, he send me screenshots of his wallet showing he already bought few ICP Coins.
Let’s have a look:
On that website you can find a “Buy ICP” menu, and clicking on it will take you to the ICP swap application.
The application is pretty easy and straight forward, you can calculate the exact amount of ICP you will receive based on how many ETH you are willing to spend.
After validating my payment, I received my ICP in about 10 minutes (as the ETH Network is pretty congested right now). However I am pretty happy because since I bought them and the time I am writing that article, I already made a good profit and I expect it to rise as soon as it will be listed on Binance.
You may wonder why I decided to share a tutorial about how to buy ICP ?
First of all, I am a nice chap, but also, the more people invest in the coins, the more its price will rise, and the more profit I’ll make.
Thanks for reading guys.
