Buy THORChain with a credit card
You can buy RUNE 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 THORChain price dynamics and history, get some answers to your questions, and find some useful links to read more about what is RUNE.
THORChain live price chart
RUNE 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.
What is THORChain?
THORChain is a decentralized liquidity protocol that enables cross-chain swaps, allowing users to exchange digital assets across different blockchains without the need for intermediaries. Launched in 2020, the project was founded by a group of anonymous developers who aimed to create a more decentralized and interoperable crypto ecosystem. The protocol operates on its native blockchain and uses the RUNE token as a utility and governance token.
The primary purpose of RUNE is to facilitate the cross-chain liquidity pool, acting as a base pair for all trades, securing the network through staking, and providing incentives to liquidity providers. The total supply of RUNE is capped at 500 million tokens. The key features of the RUNE token include its role as a settlement asset, its use in governance voting, and its ability to absorb impermanent loss within liquidity pools. RUNE's unique feature lies in its deep integration within the THORChain network, where it connects multiple blockchains seamlessly.
The average fees on the RUNE network
When buying or transferring THORChain's RUNE token, it is essential to consider the network fees involved. As of now, the RUNE to USD price is approximately $1.50, although this fluctuates based on market conditions. The average gas fee on the THORChain network typically ranges between 0.02 to 0.03 RUNE per transaction. At the current RUNE price, this equates to around $0.03 to $0.05 per transaction. These fees are relatively low compared to other networks, making THORChain an appealing choice for cross-chain swaps and decentralized trading.
RUNE token wallets
To store and manage your RUNE tokens securely, you can choose from a variety of cryptocurrency wallets:
- Trust Wallet: A mobile wallet with support for a wide range of cryptocurrencies, including RUNE.
- Ledger Nano X: A hardware wallet offering enhanced security for long-term storage.
- THORWallet: A native wallet built specifically for THORChain, ideal for seamless interactions with the network.
- XDEFI Wallet: A browser extension wallet designed for decentralized finance (DeFi) with multi-chain support.
- Keystore Wallet: An open-source software wallet that supports RUNE and other digital assets.
Where to buy THORChain
You can buy THORChain on various cryptocurrency exchanges, including both centralized and decentralized platforms. Some of the most popular exchanges to buy RUNE include Binance, Kraken, and KuCoin. For those looking for the cheapest way to buy THORChain, SwapSpace offers a seamless and affordable option. SwapSpace allows you to compare rates across multiple platforms, ensuring that you get the best deal when you buy RUNE coin online.
How to buy THORChain
Here’s how to buy RUNE with credit card instantly on SwapSpace:
- Visit SwapSpace's website.
- Select RUNE as the currency you wish to purchase.
- Enter the amount of fiat currency you want to exchange for RUNE.
- Choose your payment method (e.g., Apple Pay, Google Pay, or debit/credit card).
- Complete the purchase and receive RUNE in your chosen wallet.
What can I do with THORChain after purchase?
After purchasing RUNE, you can explore a variety of use cases:
- Participate in liquidity pools: Earn rewards by providing liquidity to THORChain’s cross-chain pools.
- Stake RUNE: Secure the network and earn staking rewards.
- Governance voting: Use your RUNE tokens to vote on protocol upgrades and governance decisions.
- Cross-chain swaps: Instantly swap assets across different blockchains using THORChain’s decentralized protocol.
- Hold for potential appreciation: Given the increasing adoption of decentralized finance, holding RUNE could be a profitable investment as the THORChain price rises.
You can buy RUNE right here on SwapSpace—look below to find an instruction on how to buy THORChain.
How to buy RUNE on SwapSpace
On this page, we put USD in the “You send” and RUNE 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 THORChain 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.
