HomeCryptocurrencyAnkrHow to Buy ANKR Online in 2023

How to Buy ANKR Online in 2023

Stephen Ngari
Stephen Ngari
16th Feb 2023

Ankr is at the forefront of adopting Web3. The platform combines cloud infrastructure, staking, and DeFi to make app development across blockchains easier. Crypto investors also benefit from the possibility of investing across more than 11 blockchains.

Using the idle nodes’ computing power, Ankr has firmly established itself as a hub for decentralized cloud infrastructure. It, therefore, puts this platform in direct competition with the likes of Amazon AWS. Apart from this, listing on the major crypto providers like eToro, Robinhood, and Coinbase have put a spotlight on this crypto.

We explore the different ways to buy Ankr, the native token of this project. We also examine the best brokers, investment strategies, how to store Ankr, and tips to consider before buying Ankr.

Best Brokers to Buy Ankr in 2023

There are lots of crypto providers who offer Ankr. Finding one suitable for you may present a challenge considering there are a lot of factors to evaluate.

We put together a list of the best providers to easily start your Ankr ownership journey.

Minimum Deposit
Exclusive Promotion
User Score
More than 3,000 assets, including currencies, stocks, cryptocurrencies, ETFs, indices and commodities
Buy crypto, or trade cryptocurrencies via CFDs
This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
Minimum Deposit
Exclusive Promotion
User Score
Variety of Crypto CFDs and Crypto Indices
In trading crypto CFDs you do not own or have any rights to the underlying assets
Fast execution speed
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.8% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Minimum Deposit
Exclusive Promotion
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250+ Cryptocurrencies
Trade Cryptocurrency Derivatives on MT4 and MT5
Expert customer service support
Minimum Deposit
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Trade and invest in over 25 cryptocurrencies
Extremely simple user interface
Over 68 million customers
Minimum Deposit
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Exchange Bitcoin and 200+ altcoins in a fast, simple and secure way
Average transaction speed of 25-40 minutes
24/7 support

Key Takeaways

  • Ankr aims to make the adoption of Web3 easier.

  • You can own Ankr tokens by purchasing from a crypto provider in exchange for other cryptos or fiat currencies like the USD.

  • You can buy Ankr tokens from crypto brokers and exchanges.

  • eToro and Coinbase are two leading crypto platforms where you can purchase Ankr tokens.

  • Ankr tokens are compatible with both cold and hot wallets. Examples include Trezor and Trust wallets.

What Is the Difference Between Owning Ankr vs a Derivative Product

There are a variety of ways you could own Ankr tokens. Fiat to crypto exchanges will allow you to use cash and buy Ankr. Possible trading pairs include ANKR/USD, ANKR/GBP, and ANKR/EUR. This is the easiest method of owning Ankr for beginners.

Crypto to crypto providers allows you to exchange other cryptocurrencies for ANKR. Popular trading pairs include ANKR/USDT and ANKR/BTC.

Derivatives trading involves trading options based on cryptocurrencies. The buyer and seller enter into a contract based on an underlying digital asset like Bitcoin. You’ll not have to own the underlying asset in this case.

Examples of derivative products include Contract for Differences (CFDs) and futures. Currently, there are no derivative products for Ankr tokens.

Different Ways to Buy Ankr

Below are different on-ramp methods to buy Ankr tokens.

Brokers: Crypto brokers are one of the easiest methods to purchase Ankr. You’ll be using cash for the purchase. eToro is a beginner-friendly platform you can use to buy Ankr.

Centralized Exchanges: These are custodial platforms that give Ankr buyers access to the crypto markets. Examples include Coinbase and Binance.

Decentralized Exchanges: Non-custodial platforms that match Ankr buyers and sellers. Good examples include Sushiswap and Uniswap (V3).

Peer-to-peer Marketplaces: These are decentralized platforms that match buyers and sellers. However, there are no P2P marketplaces that support Ankr.

Where to Buy Ankr

Let’s take a closer look at two reputable platforms where you can purchase Ankr tokens.


eToro is a leading crypto broker renowned for its social trading features. You can buy Ankr using fiat currencies such as USD and EUR.

Copy-trading feature
A variety of funding options
Good reputation
Easy registration
Low account minimums
No derivative product for Ankr


One of the most reputable exchanges globally. The company is listed on the Nasdaq. You can buy Ankr tokens with fiat currencies.

Coinbase wallet
Variety of funding options
Simple to use
Relatively higher fees

How to Buy Ankr Online?

Your experience purchasing Ankr tokens will largely depend on the crypto provider you settle on.

We’ve selected eToro to show you the step-by-step guidelines for buying Ankr tokens. Our choice was influenced by the simplicity of the platform and the many funding options available.

Step 1: Go to the Official Website
Step 2: Sign Up for an Account
Step 3: Deposit Funds into Your Account
Step 4: Proceed with the Purchase

How to Trade Ankr?

There are no platforms currently offering derivatives products such as CFDs and futures for Ankr. Spot trading remains the best possible way to trade your Ankr.

We strongly recommend trading using crypto brokers because they are easier for beginners. Additionally, you’ll not have to deal with crypto wallets.

Follow the “How to Buy Ankr Online” process described above to complete your first trade. We’ll also cover the steps to sell your Ankr.

Crypto Investment Strategy

There are two principal strategies to invest in crypto.

Long: Some investors look at the long-term viability of a project. For such cases, they’ll HODL for the long haul expecting prices to increase. If you are completely sold on the Ankr crypto, you may consider HODLING it.

Short: This strategy involves taking advantage of price volatility in the short term.

How to Store Ankr?

Care is paramount in how you choose to store your Ankr tokens. You’ll need to establish the right balance between functionality and security. Poor security and you may lose your tokens. Lengthy security processes and you lose functionality.

Cryptocurrency wallets form the primary method of storing crypto. There are two types of wallets.

Hot Wallets

These wallets need to be online for successful operation. A web wallet, mobile, and desktop wallet are the three types of hot wallets.

Available for PC, mobile, and the web
Free or cheap
Easy to download
Vulnerable to online attacks
Some are custodial

Exchanges offer the web wallet, which is the least secure. They are also custodial, meaning that you don’t outrightly own your crypto keys.

Most exchanges such as Binance and Coinbase provide a web wallet.

Desktop and mobile wallets are mostly non-custodial, meaning you’ll have control over your private keys. Examples of wallets you can use with Ankr are Atomic wallet, Lumi wallet, and MyEtherwallet.

Cold Wallets

These are quite secure and are preferred by investors who have substantial investments or those planning to store their crypto for a long time.

Unlike hot wallets, cold wallets operate offline. They often come in small USB-like devices. Good examples include Ledger and Trezor.

Highly secure
Works offline
Less convenient
Limited functionality

What Are the Different Ways to Pay for Ankr?

Crypto providers integrate various payment options to allow you to fund your account easily.

Ensure to confirm the funding method and the associated fees before signing up for an account with a provider. Here are some common payment methods

Bank Transfers

The leading funding option on a majority of crypto platforms. Investors from different jurisdictions may find their bank transfer methods available. See some examples below:

  • ACH - USA

  • SEPA - Europe

  • BECS - Australia

  • Faster Payments - UK

eToro, Binance, and Coinbase all support bank transfers.

Wide adoption
Low fees
Easy to use
High transaction limits
Transactions are slower in some instances

Credit Cards

You can link your credit card easily to the crypto provider. Visa and Mastercards are readily available. You can buy Ankr tokens on Binance and eToro as they provide credit card options.

Easy to use
Secure with secure3D cards
Instant deposits
Higher fees
Interest rates
Purchase limits

Debit Cards

You can connect your Visa and Mastercard debit cards to providers like eToro and Binance. Debit cards provide a great option to fund your crypto account.

Secure with secure3D cards
Easy to link
Instant deposits
Higher fees
Purchase limits may apply


PayPal is a payment e-wallet that helps you pay for goods and services online. It's possible to link your PayPal to providers like eToro to fund your Ankr purchase.

Easy to open an account and use
Beginner-friendly option
Higher fees
Limited adoption


Another popular e-wallet that is similar to PayPal. You’ll need to link your Neteller account to the crypto provider. eToro provides its clients with the option to pay with Neteller.

Simple to use
Easy to open an account
Relatively higher fees
Limited adoption

What to Consider When Buying Ankr?

Before buying Ankr tokens, it's imperative to consider several factors to ensure your investment is secure and that you eventually earn profits.

Choose a Reputable Crypto Provider: The choice of crypto provider will make or break your investment, especially for short-term traders. Apart from the fees and security of the provider, other things to check include the trading engine and customer service.

Regulations and Taxes: Different jurisdictions apply different laws to crypto trading. Check if you’ll need to pay taxes and the rates. Some regulations limit certain crypto practices, e.g., It's impossible to trade crypto derivatives in the UK.

Volatility: Perhaps the most important consideration to evaluate closely. Crypto is known to be highly volatile with periodic price swings. For instance, Ankr tokens are 69% down since March 2021.

Carry out fundamental market analysis to determine the right moment to engage the market.

Different Fees: Consider how much you’ll incur in fees. Most platforms have deposit, spreads, and withdrawal fees. Factor these fees while trading. For instance, eToro charges a spread of 5% for Ankr trading.

Security: Use secure crypto providers. Investors storing their tokens for the long term should always transfer their investments to an external wallet. It's also important to ensure the wallet you use is reputable and secure.

Competition: Check out the competition and evaluate how it could affect the prices of Ankr. Some projects working on similar blockchain projects include QuickNode and Blockdaemon.

Is It Safe to Buy Ankr Online?

It is generally safe to buy Ankr online.

However, as with any online purchase, care should be taken not to over-expose your details. Here are several steps you can take to protect yourself and your investment.

Two-factor Authentication(2FA): Activate 2FA on all your accounts. This will prevent unauthorized account login.

Using a Secure Connection: Avoid using the free wifi to access your accounts. Ensure to use a secure VPN if you access your accounts over public networks.

Passing Only Necessary KYC: Don’t over-expose yourself by providing optional details during account verification.

Find a Suitable Wallet: Use a reputable wallet. Never share your private keys with anyone.

Use Official Sites Only: Use the official support channels if you need customer support.

Use Regulated Exchanges: Non-regulated exchanges may easily pull exit scams, and you end up losing your money. Sign up for reputable crypto providers.

How to Sell Ankr?

Let’s explore the step-by-step guidelines to sell your Ankr token. We’ll use eToro in this example.

Step 1: Log in to Your Account
Step 2: Select Ankr
Step 3: Execute the Trade

Is It Worth Buying Ankr Right Now?

Over its lifetime, Ankr tokens have had a return on investment(ROI) of 443%. The ROI is compelling, but investment in Ankr carries considerable risk due to price volatility.

Over the past 30 days, the crypto has moved between $0.05 and $0.09, a considerable price shift over a short period. The project has a solid use case, offering high availability and energy-efficient cloud solutions.

The price of Ankr is currently $0.07, according to data from Coinmarketcap. This is far below the 90-day high price of $0.21. At the moment, the price looks suitable for long-term holders. Short-term investors can expect minimal price movements in both directions for the short term.

Final Thoughts

Using a crypto broker like eToro is the best way to buy Ankr tokens for beginners. We also reckon that exchanges like Binance present the best alternative to seasoned traders.


Can I buy Ankr in the US?
Do I have to be 18 to buy cryptocurrency?
Can I buy Ankr without ID?
Can I buy Ankr instantly?
What is Ankr?
How does Ankr work?
Is there a limit to how many Ankr I can buy?

Find Out More About DeFi Tokens

Author Bio
Stephen Ngari
Stephen Ngari
Stephen is a seasoned crypto and fintech specialist with industry experience. Having worked in tech, helping people send money globally and rollout solutions, he understands the impact that tech like blockchain brings to real world issues. He is passionate about crypto, writing and basketball.