Band Protocol (BAND) is positioning itself as one of the key drivers to the achievement of an interoperable cryptoverse. Through oracle technology, it seeks to be the leading bridge for access to off-chain data by crypto applications and programs - a move that would endear it to the developer community and hurl BAND tokens prices to new heights.
Band Protocol has already proven to be a massively profitable cryptocurrency - having previously rallied close to 6000% above its IEO price. Moving forward, the majority of analysts are confident its role in shaping the future cryptoverse will help catapult its token prices to new heights.
You are probably here because you understand BAND tokens potential and would like to buy some BAND tokens before their price explodes. But where can you buy Band Protocol today?
We will be introducing you to the best places to buy BAND token today and walking you through the step-by-step guide to buying BAND tokens on a crypto exchange. We will even tell you if BAND tokens are worth buying in 2023.
Read on.
How To Buy Band Protocol (BAND) – Quick Guide
Want to jump straight to buying Band Protocol tokens? Follow this simple three step-by-step guide that teaches you how to buy Band Protocol on the all popular eToro crypto trading platform.
- Step 1: Open an eToro Account – Start by creating a crypto trader account on eToro. The registration process on this platform is rather straightforward and the exchange only asks for your basic personal information and requires all users to verify their identity.
- Step 2: Fund Your Account – Deposit funds in to the approved eToro trader account. Note that the minimum deposit required is set at $10 and eToro supports one of the widest range of payment methods.
- Step 3: Buy Band Protocol (BAND) – Look up Band Protocol from the list of cryptocurrencies supported by eToro. Then choose the buy option and input the number of BAND tokens that you wish to purchase.
That’s it! By following these easy steps, you can buy Band Protocol in less than 10 minutes.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Are you new to crypto trading or simply haven’t interacted with the eToro exchange before? We will be providing with a more detailed guide on how to buy BAND tokens further below in this guide. Read on.
Where To Buy Band Protocol (BAND) In 2023
Band Protocol’s price and popularity have been on a sustained uptrend. We must also observe that its recent rebranding that introduced Bandchain mainnet and prospects about its position in an interoperable crypto-verse have only served to increase investor interest in the brand.
These have, in effect, seen it attract the attention of all the popular cryptocurrency exchanges. BAND has thus been listed with a growing number of crypto trading platforms, which continue extending the number of BAND trading pairs offered here.
In the where to buy Band Protocol guide below, we tell you of the three top exchanges where you can buy BAND tokens right away.
1. eToro - Overall Best Place to Buy Band Protocol (BAND)
eToro tops our list of best places to buy Band protocol in 2023 because of its user-friendliness and appeal to both expert and novice traders. For starters, eToro operates one of the most intuitive trading environment characterized by a quick and straightforward account opening process. These are then complemented by a highly intuitive trading platform with a quick and straightforward buy process.
We also believe eToro to be one of the best places to buy Band Protocol tokens because it is adequately liquid. The crypto trading platform also maintains some of the fastest crypto order execution speeds. Further, eToro is also quite transparent with its already competitive crypto trading fees. For instance, when buying BAND tokens on the platform, you will only be charged a fixed transaction fee of 1% the trade volume.
These have played a key role in endearing eToro to active crypto traders, especially day traders.
Other factors that make eToro the overall best place to buy Band Protocol have to be the exchange’s commitment to the security of client assets. Like most other popular crypto exchanges, eToro provides all its platform users access to a free custodial wallet. This stores 90%+ of the client tokens offline and supports for multi-factor authentication for access to the trader account and wallet.
Secondly, eToro provides all its platform users with a free app-based wallet. It is non-custodial, allows for multi-factor authentication, is free, and encrypts the private keys for BAND tokens before delivering them to the root storage of your phone.
You too should consider adding eToro to your list of where to buy Band Protocol in 2023 because it integrates both the copy and social trading tools. The social trading tool allows for the interaction and sharing of trade and investing ideas between expert traders and mentorship from beginner traders. Copy-trading tool, on the other hand, allows for passive income generation for both beginner and expert traders. Beginners earn when they copy trade strategies of popular investors and the experts earn a 20% commission on the profits made from copied trades.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
2. Crypto.com - Best Place to Buy Band Protocol (BAND) for High Deposit Maximums
Crypto.com is one of the fastest-growing crypto exchanges. It launched in 2019 but consistently features among the most liquid exchanges in the world - processing in excess of $2 Billion worth of crypto daily. It is also ultra-fast in order execution - processing crypto trades in less than 3 milliseconds. All these make Crypto.com one of the best places to buy Band Protocol for active traders.
But these aren’t the only reasons why we feature Crypto.com on our index of where to buy Band Protocol in 2023. We also included it here because it supports one of the widest range of payment methods and specifically because it maintains relatively high maximum deposit limits. For instance, Crypto.com lets you deposit up to $10 Million daily via bank transfer - making it the crypto exchange of choice for most high-volume crypto traders.
In addition to the high deposit maximums, Crypto.com is also transparent about its already competitive crypto trading fees. When buying BAND tokens on the platform, you will only have to part with a fixed maker/taker fee of between 0.4% and 0.1% - based on your 30-day trading volume on the exchange. And if you had staked 5000 CRO (Cronos) coins staked on its Cronos Chain, you qualify for a 10% discount on the fees.
We also liked that Crypto.com integrates the Crypto.com staking Crypto.com lending programs to the exchange. The staking platform lets you earn interests of up to 14.56% P.A. when you stake cryptos like BAND on the platform. Lending, on the other hand, lets you borrow up to 50% of your staked BAND tokens while letting you pay it back at a competitive interest rate and flexible installments of up to 12 months.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
3. Binance - Best Place to Buy Band Protocol (BAND) for Low Transaction Costs
Binance makes it to our list of best places to buy Band Protocol primarily because of its ultra-low crypto trading fees. When buying BAND tokens on the all-popular exchange, you will only pay the maker/taker fee of between 0.1% and 0.04% - based on your 30-day trading volume on the exchange. And if you choose to settle the transaction fee using BNB coins, you qualify for a 25% discount on fees, bringing the cost of trade to between 0.75% and 0.03%.
We also liked Binance because it is the largest and most accessible crypto trading platform in the world - available in virtually all the crypto-friendly countries and territories across the world. Plus, it is the most liquid crypto exchange - processing in excess of $80 Billion worth of crypto trades daily. Not forgetting that it supports the widest range of cryptocurrencies and - by extension - a growing range of BAND trading pairs.
Like Crypto.com and a growing number of popular exchanges, Binance integrates a few DeFi programs that let you earn BAND tokens passively. The programs integrated into the Binance exchange include Binance Earn, Binance Savings, Binance Staking, Binance Lend, and more. All these let you earn competitive interest rates when you save or stake cryptos like BAND and some will even let you borrow against your saved/staked BAND tokens.
We also believe Binance to be one of the best places to buy Band Protocol because of its focus on the security of client funds. For starters, the platform gives all its users access to a free and custodial exchange-based wallet, which stores as much as 90% of private keys in offline vaults.
Secondly, it gives them access to an equally secure but non-custodial mobile wallet app - the Trust wallet. Lastly, Binance operates the largest private and crypto-focused insurance fund - currently worth $1 Billion - aimed at reimbursing its clients should a breach to its networks lead to loss of client assets or data.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
What Is Band Protocol (BAND)?
Band Protocol is a decentralized data oracle that aggregates real-world data and supplies it to on-chain programs and applications. Put simply, Band Protocol is a bridge that applications and programs built in the cryptoverse use to access real-time data and other information hosted in the off-chain world.
By providing these on-chain platforms with access to accurate and verifiable real-world data, Band Protocol doesn’t just unlock new use cases for existing programs. Rather, it also allows for the creation of more sophisticated smart contracts and applications.
Band protocol was launched as an Ethereum-based protocol in 2019 powered by ERC-20 BAND tokens. In 2020, however, the Soravis Srinawakoon-led crypto project launched its own mainnet - the BandChain - built using the Cosmos SDK and even launched the native BAND tokens that were swapped 1:1 with the ERC-20 BAND tokens via Binance exchange.
Is Band Protocol (BAND) A Good Investment?
Well, the majority of crypto analysts and investors are convinced of Band Protocol’s future. Its fundamentals are strong - especially when you consider its positioning as a key component of the interoperable blockchain drive. Its technicals are also solid and every indicator points to the possibility of a sustained value gain for BAND tokens.
Here are a few more reasons why our analysts and the majority in the market believe Band Protocol tokens are worth buying.
Reasons to Buy Band Protocol (BAND)
- Possibility of massive value gain: Both fundamental and technical analysis indicates that BAND token prices will sustain their current uptrend with a high chance of blowing up and reaching unprecedented heights soon.
- Association with emerging technologies: Band Protocol is expected to play a crucial role in the development and maturation of such crypto technologies as Web3, DeFi, dApps, and smart contracts. This will play a crucial role in fueling demand and value gain for BAND tokens.
- Partnerships and collaborations: In addition to the on-chain brands, we expect more off-chain brands looking to build in the crypto-verse to embrace the Band Protocol, effectively pushing the demand and price of its tokens.
- Recovering market: Band protocol has proved its resilience by not just surviving a crypto winter and devastating crypto market crashes but maintaining an overall positive uptrend. Moving forward, a recovering crypto market is expected to ignite its rebound and fuel a spirited value gain.
Risks to Buying Band Protocol (BAND)
- Stiff competition: Band Protocol faces stiff competition from more established interoperable blockchain operators like Cosmos and Chainlink.
- Speculative investment: Band Protocol, like all other cryptocurrencies, is a risky investment with volatile price action and operating in the highly unpredictable crypto market.
Band Protocol (BAND) Price
BAND tokens were first introduced to the public via an IEO on the Binance Launchpad in September 2019 with each token selling for $0.47. Within the first 24 hours of trading, BAND token prices shot up by close to 200% and broke above $0.80. They, however, later succumbed to the crypto winter going on at the time and crashed to their current all-time low of $0.2 on 25th November 2019.
Throughout the first quarter of 2020, BAND token prices traded around this price level. It, however, started to record some excitement towards the end of April and broke above $1 for the first time in May 2020 on the news of the impending launch of the BandChain mainnet. By the time it launched in September, BAND tokens were trading above $15 - having rallied 3000% above IEO price.
It, however, only recorded its biggest break yet in early 2021 when BAND token prices rallied and set the current all-time high of $23 - close to 5000% above its IEO price. Further uptrend was prevented by the mid-May market crash and by July, Band Protocol price fell below $5.
There wasn’t enough buying pressure to ignite a recovery during the late 2021 mini-market rally and the 2023 market contraction has only served to aggravate Band’s value loss. At the time of writing, the altcoin is back to selling around $1 - having lost more than 90% of its all-time high.
Band Protocol (BAND) Price Prediction
The majority in the crypto market are convinced that two key critical factors hold Band Protocol prices back and prevent their eventual sprout.
First is the ongoing market-wide price contraction that has seen popular coins like Bitcoins lose up to 70% of their peak price while altcoins like BAND shed 90%+. Then there is the fact that Band Protocol targets a developing niche and all these seem to confirm that BAND token prices will most likely blossom when blockchain adoption hits optimal levels.
Moving forward, however, a recovering crypto market and a maturing blockchain space are expected to force an upward price correction for BAND tokens, thrusting it to unprecedented heights.
By the end of the year 2023, crypto analysts at TechNewsLeader - a crypto forecasting platform - are confident that BAND will have begun its rebound and rallied past $2.50.
In the next 5 years, the majority of analysts are confident that Band Protocol will have escaped the current dip and gotten back above its current all-time high. Technical analysts at Gov. Capital, for instance, expect BAND tokens to have broken above $85, close to 8000% above current prices.
By the turn of the decade, the majority of investors are confident that Band Protocol token prices will have broken above $150.
Don't Miss: Band Protocol Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Ways To Buy Band Protocol (BAND)
Crypto trading platforms are constantly coming up with ways of buying digital currencies, which appeal to different users from all over the world. For this reason, most have integrated multiple payment options that anyone can use when buying Band protocol tokens on their platform.
The most popular today include debit cards, credit cards, bank ACH, and bank wire transfers, as well as eWallets like PayPal, Skrill, Neteller, Apple Pay Google Pay, SOFORT, etc.
To help you start buying BAND tokens today, we look at the three most common:
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How to Buy Band Protocol (BAND) with Credit Cards and Debit Cards
The majority of crypto trading platforms, including the three we have discussed hereinabove, will let you buy Band Protocol with credit cards and debit cards. These are one of the most popular and most preferred online payment options.
They are preferred to most other payment options because card deposits are processed almost instantaneously. They are also preferred to most other methods of buying Band Protocol because most exchanges do not charge deposit processing fees. Plus, most crypto trading platforms maintain relatively high card deposit maximums.
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How to Buy Band Protocol (BAND) with PayPal
A growing number of crypto trading platforms will also let you buy Band Protocol with PayPal e.g. eToro. Like card payments, PayPal payments are preferred to most payment methods because of their ultra-fast transaction processing speeds.
PayPal is also preferred to other payment methods because the majority of platforms do not charge a PayPal deposit fee. Moreover, some like eToro maintain relatively high deposit minimums - as high as $10,000.
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How to Buy Band Protocol (BAND) with Bank
Banks are the most accessible payment option and bank deposits are one of the most popular payment options. Therefore, the majority of crypto exchanges - including the three that we have discussed hereinabove - will let you buy Band Protocol with bank transfers.
The upside to buying BAND tokens with bank wire transfers is that most crypto exchanges do not maintain a maximum deposit limit. And like most other payment options, they do no charge a deposit processing fee.
On the flip side, however, understand that it takes longer to process bank wire transfers. In the case of eToro, for instance, you will have to wait between 3 and 8 business days before the bank deposit reflects in your crypto trading account.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Best Band Protocol (BAND) Wallet
There are three primary types of digital wallets available to the Band Protocol traders and investors. First is the exchange-provided custodial wallets that hold the private keys for Band Protocol coins on behalf of crypto investors and traders.
Next are third-party online wallets that encrypt the private keys for the Band Protocol coins and store them on your phone or PC. These could also be app-based wallets provided by the different crypto exchanges.
We, however, only encourage our readers to only invest in and store their coins in the more secure hardware wallets. We recommend online wallets because, unlike hot wallets, these store client BAND tokens offline - away from hackers and malware.
How To Buy Band Protocol (BAND) For Beginners - Step-By-Step Guide
If you are new to crypto trading or using the eToro trading platform, here is a step-by-step guide that teaches you how to buy Band protocol.
Step 1: Register a crypto trader account on eToro
Start by opening the official eToro website and clicking on the “Join Now” button and a registration form will pop up. Complete it by entering your basic personal information, such as your name, phone number, country of residence, and email address. It will also seek to capture your crypto trading experience and sources of income.
Step 2: Verify identity
eToro is a multi-regulated crypto exchange and demands that all its platform users verify their identity before they can start interacting with the platform. Simply upload a copy of government-issued identity documents such as an I.D, Passport, or driver’s license.
Step 3: Deposit funds
Log in to your approved eToro trader account and on the user dashboard, tap on the “Deposit Funds” button in the bottom-left corner. A funding tab will pop up indicating all the payment methods available to you. Choose one and follow the prompts to complete depositing funds into the platform - noting that the minimum you can deposit into the platform is $10.
Step 4: Search for Band Protocol
While on the user dashboard, click on the “Discover” tab and use the search button to find BAND tokens. Alternatively, look up Band Protocol from the list of cryptocurrencies supported on the eToro platform.
Step 5: Buy BAND tokens
Choose to “BUY” BAND tokens. A trading tab will pop up and you are free to use it to customize the BAND token trade by indicating the number of BAND tokens you wish to buy or the amount of cash that you wish to spend on the trade.
Note: The BAND tokens you just purchased on eToro will be delivered into the exchange-provided digital wallet. You, however, are free to move them to the non-custodial and free eToro wallet app provided by the exchange or simply transfer them to a third-party online or hardware wallet.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
How To Sell Band Protocol (BAND)
It is simple. You only need to log back in to eToro or the crypto trading platform where you purchased the Band Protocol tokens. Choose to open a sell order and indicate if you wish to open a market or a limit order.
A market order lets you sell the BAND tokens immediately and at the prevailing market price. The market order, on the other hand, lets you set the selling price for your BAND tokens and they only will only be sold if these sell conditions are met.
Conclusion - Where To Buy Band Protocol (BAND)
That is it. There goes everything you need to know about where to buy Band protocol in 2023.
We started by introducing you to what we considered the three best places to buy Band Protocol tokens today. We then discussed what Band Protocol is and its past and possible future price action. We also touched on some of the reasons why the tokens are worth buying and outlined some of the most common ways of buying Band Protocol.
More importantly, we have provided you with a step-by-step guide on how to buy Band Protocol tokens on the all-popular eToro trading platform.
eToro – The Best Place To Buy Band Protocol
Open an account with eToro, deposit some funds with USD, and finally – buy BAND from just $10.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Read Also:
FAQs About Where To Buy Band Protocol (BAND)
What will Band Protocol be worth in 2023?
No one can tell with utmost accuracy what Band Protocol will be worth in 2023 especially when you take into account its volatility and the unpredictable nature of the crypto market. The majority of analysts, however, expect it to have resumed an uptrend and trading around $2.
Is Band Protocol worth buying?
Yes, Band Protocol is worth buying today because it is such a promising technology with massive potential to grow - which implies the value of its tokens will continue rising in the foreseeable future.
Can I stake Band Protocol tokens?
Yes, you can stake BAND tokens on their native BandChain network either individually or through a node operator. We also expect the number of third parties exchanges and DeFi platforms supporting BAND token staking to grow in the future.
How do I buy Band Protocol tokens today?
It is simple. Start by creating a crypto trader account with an exchange that lists BAND tokens e.g. eToro. Verify your identity, fund the account, and choose to buy the altcoin.
Where can I buy Band Protocol tokens in 2023?
The investor interest in Band Protocol has seen the number of crypto trading platforms that support the altcoin rise exponentially. Here, we have outlined our top three picks for the best places to buy BAND tokes as eToro, Binance, and Crypto.com.