Buy Beam with a credit card
You can buy BEAM for USD and other fiat currencies here at SwapSpace! We provide an easy way to do that via one of our partners, such as Mercuryo, Guardarian, or Simplex, with a few simple steps right on this page. You can also look at Beam price dynamics and history, get some answers to your questions, and find some useful links to read more about what is BEAM.
Beam live price chart
BEAM price can be volatile. You can see the history of price changes in the cryptocurrency price chart below to help you make the best decision while considering buying crypto.
As you can see, the current Beam price is 0.02158996181850778. In any case, whether you want to buy the dip or just want to buy BEAM for your personal needs - we got you!
What is Beam?
Beam is a privacy-centric cryptocurrency project launched on January 3, 2019. It was founded by Alexander Zaidelson and the Beam Foundation. The project aims to provide enhanced privacy and fungibility through the use of the Mimblewimble protocol, a blockchain design that enables strong privacy and scalability.
Key and unique features of Beam include its commitment to confidentiality by default. All transactions on the Beam network are private, ensuring that the amounts and addresses involved in transactions are not visible to anyone other than the parties involved. Beam also supports confidential assets, atomic swaps, and a deflationary monetary policy with periodic halving events.
Beam operates on its own blockchain utilizing the Mimblewimble protocol. This protocol not only ensures privacy but also significantly reduces the size of the blockchain, making it more scalable than traditional blockchains.
The purpose of the BEAM token issuance is to facilitate confidential transactions and act as a medium of exchange within the ecosystem. The BEAM token is classified as a privacy coin, and its primary network is the Beam blockchain. The total supply of BEAM is capped at 262,800,000 coins.
Use cases for BEAM include private and secure transactions, the creation of confidential assets, and the facilitation of atomic swaps. Its privacy features make it ideal for individuals and businesses seeking to keep their financial activities confidential.
The average Beam network fees
As of the current market, the BEAM price stands at approximately $0.20 per coin. BEAM to USD conversion varies with market conditions, but the transaction fees on the Beam network are relatively low. The average fee for a transaction is around 0.0001 BEAM, which equates to approximately $0.00002 USD. This makes Beam.mw one of the more cost-effective privacy coins in terms of transaction fees.
The BEAM token wallets
To store BEAM securely, you can use the following wallets:
- Beam Wallet - The official wallet provided by the Beam team, supporting all features of the Beam blockchain.
- Atomic Wallet - A multi-currency wallet that supports BEAM and offers atomic swaps.
- Guarda Wallet - A user-friendly wallet that supports BEAM among other cryptocurrencies.
- Coinomi - A popular multi-asset wallet with support for BEAM.
- Cobo Wallet - A hardware wallet option for those seeking enhanced security.
Where to buy Beam
To buy BEAM crypto, several cryptocurrency exchanges offer the option. Some of the major platforms include Binance, Gate.io, Bittrex, and Hotbit. However, the cheapest way to buy Beam.mw is on SwapSpace. SwapSpace provides a user-friendly platform to buy BEAM coin at competitive rates without the need for extensive registration processes.
How to buy BEAM with credit card
Here's how to buy BEAM on SwapSpace using a credit card:
- Visit SwapSpace - Navigate to the SwapSpace website.
- Select BEAM - Choose BEAM from the list of available cryptocurrencies.
- Enter Amount - Specify the amount of BEAM you wish to purchase.
- Choose Payment Method - Select your payment method, such as credit card, debit card, Apple Pay, or Google Pay.
- Complete Purchase - Follow the prompts to complete your purchase securely and instantly.
What can I do with Beam after purchase?
After purchasing BEAM, you can utilize it in several ways:
- Private Transactions - Use BEAM for confidential and secure transactions.
- Invest in Beam.mw - Hold BEAM as an investment, considering its privacy features and deflationary supply.
- Create Confidential Assets - Issue your own private tokens on the Beam blockchain.
- Atomic Swaps - Engage in atomic swaps with other cryptocurrencies directly from your Beam wallet.
- Use in DApps - Participate in decentralized applications that support BEAM.
You can buy BEAM right here on SwapSpace — look below to find an instruction on how to buy Beam.
How to buy BEAM on SwapSpace
On this page, we put USD in the “You send” and BEAM in the “You get” sections in the widget. USD is the default, but you can choose your preferred fiat currency. Put in the amount of fiat you want to spend. Next, press the ”View offers” button and choose a provider.
Fill in the “Enter the recipient address” field with the destination Beam address. Check the information carefully and click the “Next” button. After reading the special terms and conditions in the next window, click “Next” again.
At this point, you will either see our partner’s widget or be redirected to another page, depending on the chosen provider. You will be asked to verify your identity, as this is standard practice for the services that work with fiat money. Follow the provider’s instructions on the screen.
After completing the KYC procedure, fill in your credit card information. At this point, everything is in place and your transaction will start.
Wait for the transaction to process. You’ll see a message when it’s completed. A window with your transaction details will also appear; from there, you can also create another crypto-fiat exchange.