How to buy Internet Computer online

Internet Computer is a new cryptocurrency launched in 2021. It quickly became a huge hit amongst investors and became one of the largest digital coins in a matter of days, being valued at $45 billion. 

In this guide we will cover the ins and outs of Internet Computer and how you can get involved in 2021.

Best platforms to buy Internet Computer- 2021

1
Minimum Deposit
$50
Exclusive Promotion
User Score
10
More than 3,000 assets, including currencies, stocks, cryptocurrencies, ETFs, indices and commodities
Buy crypto, or trade cryptocurrencies via CFDs
CopyPortfolios: Innovative, fully managed investment strategies
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
2
Minimum Deposit
$250
Exclusive Promotion
User Score
8.1
Trade the global markets. Trade with real-time execution and professional tools
Follow and copy Naga's top traders who have mastered their trading strategies
Free personal account manager
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.48% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
3
Minimum Deposit
$50
Exclusive Promotion
User Score
7.5
Over 4 million customers worldwide
Buy, sell and trade nearly 200 digital assets
Verified within 15 minutes

What is Internet Computer?

Internet Computer was launched in May 2021 and quickly became a huge hit in the cryptocurrency industry. In only a few days its value skyrocketed to a massive $45 billion. The token was developed by the Dfinity Foundation, a nonprofit in Zurich, Switzerland. It aims to compete with some of the world’s largest currencies, including Ethereum and Bitcoin. It originally reached a debut price of $731, however dropped to $146. It then bounced back to $280 with a total market capitalization of $34.6 billion. 

Internet Computer is a digital token that runs on the Internet Computer Protocol. This protocol allows anyone to build software and publish content on the internet without the need for big companies such as Amazon, Google, and Facebook. It also adds extra levels of security, with the development team describing it as “hack proof” and reduces the costs of development. The design team also believes that the platform takes power away from big companies to make the internet fun again, with individuals getting a much better deal. Though this idea is similar to many other blockchain cryptocurrencies that use smart contracts, no other currencies received this much support from the onset. 

The cryptocurrency was originally created in 2016 by Dfinity. Dfinity has 188 employees in the U.S., U.K, Japan, and Germany, and three research centers in Palo Alto, Calif., San Francisco, and Zurich. They aim to reinvent the internet, helping more people build on it to reverse the monopolisation we’re currently experiencing. The company is backed by some of the world’s largest investment companies, including Andreessen Horowitz, Polychain Capital, Amino Capital, Aspect Ventures, and Eterna Capital. 

As of August 2021, Internet Computer has a market cap of $10,707,630,130 with 157 million tokens in circulation. It has a total supply of 472 million and a fully diluted cap of $31,940,252,625. The current price of one token is $68.25 and has reached highs of $737.20.

Buy Internet Computer now at our preferred partner

1
Minimum Deposit
$50
Exclusive Promotion
User Score
10
More than 3,000 assets, including currencies, stocks, cryptocurrencies, ETFs, indices and commodities
Buy crypto, or trade cryptocurrencies via CFDs
CopyPortfolios: Innovative, fully managed investment strategies
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Pros

  • Internet Computer achieved more hype than most cryptocurrencies throughout 2021. It’s a sign that the crypto market is growing now only for investors but also the average person. Should the cryptocurrency continue to remain popular, it may be adopted by normal people around the world. 
  • The team behind Internet Computer is one of the best in the world. It has the financial support needed to change the crypto industry and the experience of computer scientists and academics that other currencies don’t have. 

Cons

  • Despite experiencing a huge launch, Internet Computer isn’t currently worth 10% of its all time high. This could be a sign that there was too much initial hype behind the token and therefore it could be a risky investment for investors. 

How does Internet Computer Work?

Internet Computer allows anyone to create software on the internet. Using its blockchain technology, users can create apps, websites and anything else they need without the approval of big tech companies. It runs on a decentralized network, instead of a cloud alternative. To diversify itself in the market, Internet Computer takes pride in its speed. In the current crypto climate, transactions can take over 30 minutes to go through, which makes it useless when it comes to small transactions. Internet Computer on the other hand can be transferred in a matter of seconds. This makes it significantly more useful for people trying to make day to day transactions and is an important selling point for investors. 

How to Buy Internet Computer online

As Internet Computer is still a new coin in the market, it’s relatively difficult to buy. It can currently be found on two exchanges: Coinbase and Binance. Here’s how you can buy. 

  1. Sign up to Coinbase or Binance. If you already have an account, log in. If your account is new, you’ll need around 24 hours to verify it. 
  1. Once verified, make sure your account is funded with your chosen fiat currency. You can also buy Internet Computer with several cryptocurrencies. 
  1. Search for ICP and select the number of tokens you want to buy. Click “Buy” to complete your transaction. Your new tokens will appear in your wallet. 

Congratulations, you’ve just bought your first Internet Computer!

Top platforms to buy Internet Computer

1
Minimum Deposit
$50
Exclusive Promotion
User Score
10
More than 3,000 assets, including currencies, stocks, cryptocurrencies, ETFs, indices and commodities
Buy crypto, or trade cryptocurrencies via CFDs
CopyPortfolios: Innovative, fully managed investment strategies
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
2
Minimum Deposit
$250
Exclusive Promotion
User Score
8.1
Trade the global markets. Trade with real-time execution and professional tools
Follow and copy Naga's top traders who have mastered their trading strategies
Free personal account manager
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.48% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
3
Minimum Deposit
$50
Exclusive Promotion
User Score
7.5
Over 4 million customers worldwide
Buy, sell and trade nearly 200 digital assets
Verified within 15 minutes

How to Trade Internet Computer

With Internet Computer being a very new token, it’s not currency traded amongst investors. If you’re interested in trading cryptocurrency, search for more popular tokens such as Ethereum (BTC) Binance Token (NBN) and Bitcoin (BTC).