Who can buy FunFair (FUN)?
What is FunFair (FUN) and how to buy?
What is Cryptocurrency?
Cryptocurrency is a type of digital asset. If you are new to the area of digital assets then please read my comprehensive guide on Cryptocurrency before doing any investment on any Cryptocurrency like FunFair (FUN).
What is FunFair (FUN)?
FunFair is a Cryptocurrency powered by Ethereum smart contracts. It is a decentralized gaming platform which aim to provide a limitless universe of transparent, secure casinos that can be easily created by anyone, anywhere, where games are fun, fast and fair. That’s why it is named as FunFair. On this casino platform, players can bet using FUN.
FunFair (FUN) is an Altcoin which is not widely available to purchase directly using government-issued currency like US Dollar, Euro or GBP. But if you have either Bitcoin or other well-established Cryptocurrency likes Ethereum then you can exchange.
How and where to buy FunFair (FUN)?
Binance (Best for USA and International purchase) is the best places to buy FunFair (FUN). However, you can’t purchase FunFair (FUN) directly by paying in Dollar or Euro. First you need to buy other Cryptocurrencies like bitcoin, Litecoin, Ethereum somewhere (may be from Coinbase which is the most popular and trusted worldwide) then you need to transfer that to Binance balance (which is a very simple process and both sites will give you the respective currency address to get the currency) and subsequently you can buy FunFair (FUN) with that balance. In other words, this is just the exchange and not the actual buying with dollars. This is also called as trading. On Binance, all trading is done with BTC, ETH, BNB or USDT. If you have any Altcoin you can transfer it to Binance balance and then you need to purchase one of these four currencies at market price first to exchange it for other Altcoins like FunFair (FUN).
Please read another article to know more about other reputed Cryptocurrency exchanges apart from above mentioned Coinbase and Binance. Although, the step involving Coinbase and Binance is the best way to purchase digital asset as regulation may restrict you to purchase here. Exchanges listed here are also the potential place to invest in Cryptocurrency. Most of the exchanges are regulated and they have the license to operate in particular country. Some exchanges have permission to operate in globally while some are restricted like Bitfinex doesn’t allow US residents to use their platform. When you purchase cryptocurrency then exchanges which offer it in your country’s currency then that is the best way to avoid fiat currency conversion charges. Some exchanges use only USD while some offer purchase using USD, Euro, GBP, CNY, CAD, JPY, INR and many more fiat currencies. Some exchanges are used only to change one cryptocurrency to another. Above link will give you answer to explore other reputed cryptocurrency exchanges and subsequently you can decide exchange of your choice based on your country of origin and fiat currency.
Some people also sell FunFair (FUN) on eBay. Current market price of 1 FunFair (FUN) is about ~$0.15 as on January 4, 2018, while it’s available on eBay anywhere between $0.5-1. So if you have only this option to buy and if you are ready to give extra dollars then you can opt for this option as well. Some people also sell Cryptocurrencies on local sites like Craigslist, Offer up, Letgo etc. But you should be extremely careful as these are just the digital assets and transfer between individuals is based on the code. There is no proof for such exchanges and you either cannot claim your receipt or difficult to analyze the transfer. There is no government regulation on these currencies so you cannot claim if there is any issue.
Financial potential of FunFair (FUN)
FunFair (FUN) is a growing Cryptocurrency. It may take some time to become more popular and attractive. You can purchase it and save it for longer time.
Caution
I am not the Cryptocurrency expert and you should take extreme precaution before purchasing any such currency. You should realize that Cryptocurrency market is unregulated and there is good chance that you may loose all your investment. So don’t take big risk and invest wisely. It is a good suggestion to invest not more than 5–10% of your saving. Otherwise, you may face big loss.
Are there any other Altcoins with the potential to give big returns?
Please follow the link to see the list of other Altcoins currently being sold at Binance . You can also learn more about those Altcoins.