The Internet Computer (ICP) is a decentralized blockchain network designed to transform online interactions. Unlike traditional cloud services, it operates on a blockchain-based platform, allowing developers to build and deploy applications directly on the internet. This approach creates a more open, secure, and efficient web.
If you’re wondering how to buy Internet Computer, the process is simple. There are several of the best ICP crypto exchanges where you can purchase ICP coins. This guide will help you understand where to buy Internet Computer, walk you through the steps, and provide key insights for informed investing.
How to Buy Internet Computer? Summary
ICP can be purchased through centralized exchanges (e.g., Binance), decentralized platforms (e.g., Uniswap), or directly with credit/debit cards, each offering different privacy, convenience, and fee levels. It is a decentralized, scalable network with features like canister contracts, reverse gas fees, and governance via the Network Nervous System (NNS). The total supply of ICP is 469,437,200, used for governance, staking, and transaction fees. Despite its potential, ICP has faced significant price volatility, and its future depends on adoption and technological advancements. For highest security, one can store ICP in non-custodial wallets like Ledger Nano X.
Key Takeaways
- Internet Computer (ICP) is a cryptocurrency that aims at providing a decentralized platform for building applications and services.
- ICP can be purchased through KuCoin, Binance, Bybit and OKX.
- ICP is highly decentralized, scalable, and executes smart contracts at web speed. It features canister contracts, reverse gas fees, and decentralized governance via the Network Nervous System (NNS).
- The total supply of ICP is 469,437,200, distributed among investors, developers, and the governance treasury. It’s used for governance, staking, and transaction fees.
- ICP has faced extreme volatility, with future prices highly uncertain. Its success depends on adoption and technological developments.
- For maximum security, store ICP in non-custodial wallets like the Ledger Nano X, rather than centralized exchanges, to reduce risks
How to Buy ICP Coin: Best Exchanges
Looking to invest in Internet Computer (ICP)? Buying ICP coins is easy with the right exchange. In this guide, we’ll walk you through how to buy ICP coin, explore the best ICP crypto exchanges, and help you choose the safest and most reliable platforms.
Best Wallet
Best Wallet is a popular, non-custodial, multichain mobile wallet for iOS and Android. It prioritizes user control by storing private keys locally and offers decentralized trading, staking, and asset management across a wide range of blockchains.
Best Wallet’s core strength lies in its extensive support for over 60 blockchain networks, enabling seamless management of a diverse portfolio of cryptocurrencies and digital assets. It also integrates a decentralized exchange (DEX) aggregator, facilitating direct, peer-to-peer trading within the app, and provides staking options for users looking to earn passive income.
For more information, you can check out our Best Wallet Review.
Best Wallet Key Features
Best Wallet Pros and Cons
Pros Cons
Binance
Binance is a top cryptocurrency exchange known for its wide selection of digital assets, competitive fees, and advanced trading tools. Whether you’re a beginner or an experienced trader, Binance offers a user-friendly platform with robust features. The platform provides an intuitive interface and has highest security measures in place.
To know more about this exchange, check out our separate Binance review.
How to Buy ICP Coin With Binance?
Buying ICP from Binance is very easy and convenient, you can get your ICP coins without any hassle. Follow the steps mentioned below –
Step 1 – Create an Account: Sign up on Binance with your email or phone number, set a strong password, and complete the KYC verification for security and compliance.
Step 2 – Deposit Funds: Add funds via bank transfer, credit/debit card, or crypto deposit. Be mindful of processing times and fees.
Step 3 – Find ICP Trading Pair: Search for ICP in the trading section and select a preferred pair, such as ICP/USDT or ICP/BTC.
Step 4 – Place an Order: Choose a Market order for an instant purchase or a Limit order to buy at a specific price. Enter the amount and confirm.
Step 5 – Manage Your ICP: Once purchased, your ICP will appear in your Binance wallet. You can hold it on Binance, transfer it to an external wallet, or use it for trading.
Binance Key Features
Binance Pros and Cons
Pros
- Large selection of cryptocurrencies
- Competitive trading fees
- Advanced trading platform and tools
- Mobile app available
- Strong security measures
- Multiple order types
- Margin and futures trading available
Cons
OKX
OKX is one of the top cryptocurrency exchanges globally, offering a perfect balance of beginner-friendly tools and advanced features for professional traders. Supporting over 300 cryptocurrencies, including Internet Computer (ICP), OKX provides a variety of services like spot trading, futures, options, staking, and more.
Read our in-depth review of OKX and its functionality: OKX Exchange Review – Is It Legit?
How to Buy Internet Computer Coin With OKX?
If you are a beginner and you have no idea about how to navigate the OKX platform. Feel free to follow this simple and easy guide.
Step 1 – Sign Up on OKX: Visit the OKX website or download the mobile app. Click on “Sign Up” and register using your email or phone number. Complete identity verification if you plan to use fiat currency for transactions or want to link the OKX Wallet.
Step 2 – Deposit Funds: For fiat deposits, complete the KYC process by uploading your ID and proof of address. Choose from over 90 fiat currencies and supported payment methods like debit/credit cards. If depositing crypto, generate a wallet address carefully to ensure it matches the correct network.
Step 3- Search for Internet Computer (ICP): Navigate to the “Markets” tab. Use the search bar to find ICP/USDT or any other trading pair. For a quick purchase, try OKX’s express buy feature.
Step 4 – Place an Order: Decide between a market order for an instant purchase or a limit order to set your own price. Enter the amount of ICP you want to buy, then confirm your transaction. Here, users can transfer the purchased ICP to its multi-signature OKX Wallet for added security.
OKX Key Features
OKX Pros and Cons
Pros
- Low trading fees, making transactions cost-effective.
- A wide range of tools and features for beginners and professionals alike.
- A mobile app designed for seamless trading on the go.
- Earn passive rewards through ICP staking and other earning options.
- Advanced wallet infrastructure for secure storage.
Cons
- Restricted access in some countries, including regions with strict crypto regulations.
- KYC verification for fiat users can take time.
ByBit
ByBit is a global cryptocurrency exchange known for its wide array of products, including spot and derivatives trading, perpetual futures, and NFT marketplaces. Launched in 2018, it has rapidly become a popular choice for beginners and advanced traders due to its competitive trading fees, high leverage, and 24/7 support. ByBit also provides crypto loans, staking, and copy trading, making it a versatile platform.
For a more detailed perspective, go to our dedicated Bybit review.
How to Buy ICP Crypto With ByBit?
ByBit accepts number of payment methods. Thus, making the process of buying a crypto easy. Now, to buy ICP from ByBit follow the steps mentioned below –
Step 1 – Create an Account: Sign up on Bybit by providing your email address and creating a password.
Step 2 – Verify Your Account: Complete the KYC (Know Your Customer) process for enhanced security.
Step 3 – Deposit Funds: Transfer your preferred currency (e.g., Bitcoin or USD) into your Bybit account.
Step 4 – Navigate to the ICP Trading Pair: Find the ICP/USDT trading pair or any other pair you prefer.
Step 5 – Place an Order: Choose between a market or limit order to purchase ICP tokens.
Step 6 – Confirm Purchase: Review the details and finalize your transaction.
Step 7 – Secure Your Tokens: Transfer ICP tokens to your personal wallet for added security.
ByBit Key Features
ByBit Pros and Cons
Pros Cons
KuCoin
KuCoin is a global cryptocurrency exchange known for its extensive selection of digital assets, including many altcoins and emerging projects. With a user-friendly interface and a suite of trading tools, KuCoin caters to both beginners and experienced traders. Beyond spot trading, KuCoin also offers margin trading, futures trading, staking options, and other features, making it a comprehensive platform for navigating the crypto market.
Check out our in-depth KuCoin review for more details.
How to Buy Internet Computer Crypto With KuCoin?
KuCoin offers very reasonable and competitive fees. The exchange has a good reputation and is quite popular among long-term investors. To buy ICP from KuCoin, follow the steps mentioned below –
Step 1 – Create an Account: Sign up on KuCoin with your email or phone number, set a strong password, and complete KYC verification for full access.
Step 2 – Deposit Funds: Add funds via bank transfer, credit/debit card, or crypto deposit. Be mindful of fees and processing times.
Step 3 – Find ICP Trading Pair: Search for ICP in the “Trade” section and select a pair like ICP/USDT or ICP/BTC.
Step 4 – Place an Order: Choose a Market order for an instant purchase or a Limit order to set your price. Confirm your transaction.
Step 5 – Manage Your ICP: View your ICP in your KuCoin wallet, transfer it to an external wallet for security, or use it for trading.
KuCoin Key Features
KuCoin Pros and Cons
Pros
- Wide variety of cryptocurrencies supported
- Relatively user-friendly interface
- Advanced trading platform and tools
- Mobile app available
- Good security measures
Cons
How to Buy Internet Computer (ICP) in 4 Simple Steps
Buying Internet Computer (ICP) doesn’t have to be complicated. Whether you’re a seasoned crypto investor or just getting started, here’s a simple, step-by-step guide to help you purchase ICP with ease.
1.Choose a Crypto Exchange
Not all exchanges are created equal, so picking the right one is key. Some platforms offer lower fees, while others provide better security or a smoother user experience. Best Wallet, Binance, KuCoin, OKX, and Bybit are among the top choices for buying ICP. Take a moment to compare their trading options, deposit methods, and security features before signing up.
2. Set Up Your Account
Once you’ve picked an exchange, it’s time to create an account. This usually involves entering your email, setting a password, and completing identity verification (KYC). While KYC may feel like an extra step, it ensures the security of your funds and protects against fraud.
3. Fund Your Account
Before you can buy ICP, you’ll need to deposit funds. Most exchanges let you add money via credit or debit card, bank transfer, or even crypto deposits. Some platforms also support PayPal, though options vary depending on your region. Be sure to check deposit fees and processing times before funding your account.
4. Buy ICP and Secure Your Tokens
Now for the fun part—purchasing ICP! Head to the trading section of your chosen exchange, search for ICP, and select a trading pair like ICP/USDT. You can either place a market order (buy instantly at the current price) or a limit order (set your preferred price and wait for the market to match it). Once the transaction is complete, consider transferring your ICP to a secure wallet, like Ledger Nano X or Best Wallet, for extra safety.
Top Buying Methods for ICP Crypto
In summary, the process of buying ICP coin is very simple. No matter what exchange you go to, you will have the convenience of PayPal, the security of a debit card, or the flexibility of a credit card.
How to Buy ICP Using PayPal?
Due to its limited support, only Bitcoin, Ethereum, Litecoin, and Bitcoin Cash can be bought directly from PayPal. However, PayPal can be used as a payment option to purchase ICP coin on different platforms like Kraken or Coinbase.
You might ask, why should I even use PayPal for crypto transactions? Well, it offers convenience and speed. For example, if you already have a PayPal account, you can buy crypto instantly without entering bank details or card info. Further, the platform is user-friendly and it can serve as an easy entry point for beginners. But remember, PayPal can charge transaction fees that might be higher than some crypto exchanges. If buying directly through PayPal, you might also find it difficult to transfer your crypto to an external wallet.
How to Buy ICP Using Debit and Credit Card?
Now, if you simply want to buy a crypto using your cards, here’s how you go about it.
Step 1 – Choose a Crypto Exchange: Picking a right crypto exchange with best security standards in place is very important. Some of the best platforms that accept card payments include – Binance, ByBit, and OKX.
Step 2 – Sign Up and Complete Verification Process: Once you choose the exchange, your next step will be to sign up on the platform using you mail id and you will also be asked to set a password. The next step will be to complete KYC verification process, you might be asked by some exchanges to upload an id or proof of address.
Step 3 – Go to the ‘Buy Crypto’ Section: Navigate to the ‘buy crypto‘ section on the homepage and search for Internet Computer or ICP coin.
Step 4 – Select Debit/Credit Card as Your Payment Method: Depending on your needs you can select debit card or credit card for making the payment. You will have to now enter your card details. Follow the instructions on your screen and enter the amount of ICP you want to buy.
Step 5 – Confirm Your Purchase: Before finalizing the transaction, check the total price you need to pay for buying ICP. Remember, you total price will include exchange rate and transaction fees. After you are done giving a final look, click on “confirm.” At this stage, your bank might ask you for extra verification (like a one-time password).
Methods of Buying Internet Computer Compared
When considering buying Internet Computer (ICP), you can choose from several convenient payment methods through reputable cryptocurrency exchanges. Here’s a breakdown of the most common options:
| Method | Description | Pros | Cons |
| Centralized Exchanges (CEXs) | Platforms like Binance, Coinbase, Kraken, Bybit |
|
|
| Decentralized Exchanges (DEXs) | Platforms like Uniswap, PancakeSwap (less common for ICP) |
|
|
| Peer-to-Peer (P2P) Platforms | Platforms like Paxful (may have limited ICP options) |
|
|
| Direct Purchase with Credit/Debit Card | A quick and easy way to purchase ICP instantly |
|
|
| Bank Transfer | A secure method that often involves lower fees but may have longer processing times |
|
|
| Cryptocurrency Exchange (Trading) | Use existing crypto holdings like Bitcoin or Ethereum to buy Internet Computer (ICP) |
|
|
Each payment method has its advantages, and the best choice depends on factors such as your location, urgency, and fee preferences.
Understanding ICP: The Basics
The Internet Computer (ICP) represents a bold vision for the future of the internet, aiming to decentralize and reimagine how we interact with online services. It’s a complex project with a unique approach to blockchain technology, and understanding its core concepts is crucial for anyone interested in the cryptocurrency space. The discussion below will delve into the intricacies of ICP, examining what it is, its key features, and the advantages and disadvantages it presents.
What is Internet Computer Coin?
Internet Computer Coin (ICP) is the native cryptocurrency of the Internet Computer blockchain, a decentralized, layer-1 blockchain network developed by the DFINITY Foundation. The Internet Computer aims to extend the functionality of the public internet, allowing developers to build and deploy decentralized applications (dApps), websites, and even internet services directly on the blockchain.
This differs significantly from traditional cloud computing, where data and applications are stored on centralized servers controlled by corporations. The Internet Computer envisions a more open, secure, and transparent internet where users have greater control over their data and online experiences.
Essentially, the Internet Computer acts as a global, decentralized computer, enabling smart contracts to run at web speed and scale to support massive user bases. ICP tokens play a crucial role within this ecosystem, serving several functions:
- Governance: ICP holders can participate in the network’s governance by voting on proposals that affect the future development and direction of the Internet Computer.
- Gas Fees: ICP is used to pay for transaction fees and computational resources consumed by dApps running on the network.
- Staking: Users can stake ICP tokens to participate in network governance and earn rewards.
Key Features of ICP: What Makes It Interesting?
- Decentralization: The Internet Computer is designed to be highly decentralized, distributing control across a global network of independent data centers. This makes it more resistant to censorship and single points of failure.
- Scalability: The Internet Computer uses a novel consensus mechanism and canister smart contracts to achieve high scalability, enabling it to support complex dApps and large user bases.
- Web Speed: Unlike many other blockchains, the Internet Computer aims to execute smart contracts at web speed, providing a user experience comparable to traditional web applications.
- Canister Smart Contracts: These are a more advanced form of smart contract that can store both code and data, enabling developers to build more complex and feature-rich dApps.
- Reverse Gas Fees: Developers can pay gas fees on behalf of users, making it easier for users to interact with dApps without needing to hold ICP tokens.
- Network Nervous System (NNS): This is the on-chain governance system that allows ICP holders to participate in the network’s decision-making process.
- Internet Identity: A decentralized and secure authentication system allowing users to interact with dApps without relying on centralized identity providers.
Pros and Cons of Internet Computer
| Pros | Cons |
| High scalability and web speed |
Relatively new technology with limited real-world adoption
|
| Decentralized and resistant to censorship |
Complex technology, making it difficult for some to understand
|
| Innovative features like canister smart contracts and reverse gas fees |
Competition from other layer-1 blockchains
|
| Strong focus on governance and community participation |
Concerns about centralization of initial token distribution
|
| Potential to disrupt traditional cloud computing and internet services |
Potential regulatory hurdles
|
| Growing ecosystem of dApps and developers |
Price volatility associated with cryptocurrencies
|
ICP Crypto Tokenomics
The ICP crypto operates on a distinctive Layer-1 blockchain architecture, with tokenomics specifically designed to support its unique structure.
Token Supply & Allocation
The total supply of ICP tokens is 469 million, with over 169 million coins held in the governance treasury. The remaining 300 million tokens were distributed among early investors, contributors, and the DFINITY Foundation.
The initial token allocation was structured as follows:
- 31% to early investors and contributors
- 22% to the DFINITY Foundation
- 18% to the governance treasury
- 16% to the developer community
- 13% to the ecosystem fund
Token Governance
ICP holders actively participate in the network’s governance through the Network Nervous System (NNS), a decentralized system that allows users to vote on proposals affecting the Internet Computer’s development and direction. By staking ICP, users can gain voting rights and influence key decisions regarding upgrades and policy changes.
Consensus Mechanism
The Internet Computer operates on a Proof-of-Stake (PoS) consensus mechanism. Unlike traditional Proof-of-Work (PoW) models, PoS is designed to be more energy-efficient and scalable. Nodes secure the network and earn rewards based on the amount of ICP they stake, ensuring a decentralized and robust infrastructure.
Use Cases of ICP
ICP tokens serve multiple functions within the Internet Computer ecosystem, including:
- Paying transaction fees for operations on the network
- Participating in governance via the NNS
- Staking ICP tokens to earn rewards and contribute to network security
- Purchasing goods and services from decentralized applications (dApps) running on the Internet Computer
How ICP Works?
The Internet Computer is a layer-1 blockchain that enables developers to build and deploy decentralized applications, websites, and internet services directly on the blockchain. With its PoS-based architecture, the network offers high scalability, security, and decentralization.
As the backbone of the ecosystem, ICP tokens power governance, transactions, and network security. By staking their tokens and participating in governance, holders play an essential role in shaping the future of the Internet Computer while earning rewards for their contributions.
Is Internet Computer a Good Investment?
CP debuted in May 2021 with high expectations but has since experienced dramatic price swings. It hit an all-time high of $497.71 but has since decreased by -56.37% over the past year, highlights the volatility associated with ICP. As of March 24, 2025, ICP is trading at $6.03, reflecting a +3.51% change in the last 24 hours.
Despite this, the project continues to develop. Technical analysis provides mixed signals, with moving averages previously suggesting a ‘Buy’, but market trends remain uncertain.
Price predictions for ICP vary widely, reflecting the speculative nature of cryptocurrency investments. Analysts suggest it could reach $6.03 by 2025 and climb to $10.20 by 2030. While ICP’s vision of a decentralized internet is innovative and could disrupt traditional cloud services, its success depends on adoption, technological advancements, and overall market sentiment. Given its history of volatility and speculative price forecasts, investing in ICP presents a high-risk, high-reward opportunity.
Best Wallets To Store ICP Coins
Choosing the right wallet is essential for securely storing your Internet Computer (ICP) tokens. Whether you prefer a hot wallet for easy access or a cold wallet for maximum security, there are several reliable options available. Below are some of the best wallets for storing ICP:
- Binance Wallet: A user-friendly exchange wallet that allows seamless trading and storage of ICP.
- ByBit Wallet: Another exchange-based wallet offering secure storage and trading features for ICP.
- Ledger Nano X: A hardware wallet that provides the highest level of security by keeping your ICP offline.
Each of these wallets has its advantages, depending on whether you prioritize convenience, trading features, or long-term security.
Conclusion: How to Buy Internet Computer?
In conclusion, Internet Computer (ICP) offers a unique vision for decentralizing the internet with its scalable blockchain and innovative features like canister smart contracts and reverse gas fees. While it presents exciting opportunities for developers and users, its volatility and uncertain future make it a high-risk investment. For those considering ICP, choosing a secure storage method, such as non-custodial wallets, and understanding its potential for growth or challenges in adoption is essential.
See Also:
- How to Buy Optimism (OP): A Beginner’s Guide
- How to Buy Algorand (ALGO): Steps & Exchanges
- What is Internet Computer (ICP)? A Beginner’s Guide
Frequently Asked Questions
Where can I buy Internet Computer (ICP)?
Can I buy ICP crypto with a credit or debit card?
What is the best exchange to buy Internet Computer (ICP)?
Where should I store ICP coin after buying?
Is it safe to buy Internet Computer (ICP)?
Is ICP crypto coin a good investment?
Can I stake Internet Computer (ICP)?
References
- Coinbase. “What Is Internet Computer (ICP)?” Coinbase, https://www.coinbase.com/learn/crypto-basics/what-is-internet-computer
- Internet Computer. “How It Works | Internet Computer.” Internet Computer, https://internetcomputer.org/how-it-works
- IBM. “What Is Blockchain?” IBM, https://www.ibm.com/think/topics/blockchain
- CoinGecko. “Top Internet Computer DEXs by 24-Hour Trading Volume.” CoinGecko, https://www.coingecko.com/en/exchanges/decentralized/internet-computer
- CoinGecko. “Internet Computer Price Chart (ICP).” CoinGecko, https://www.coingecko.com/en/coins/internet-computer
In This Article
Free Bitcoin Crash Course
- Enjoyed by over 100,000 students.
- One email a day, 7 days in a row.
- Short and educational, guaranteed!
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
