How & where to buy AION (AION) online
This page will tell you everything you need to know about Aion. Scroll down to see our step-by-step guide to buying and trading Aion along with the best places to buy cryptocurrencies.
What are the best exchanges to buy AION on?
Copy link to sectionCryptocurrencies like Aion can be bought using an online broker or crypto exchange. All brokers and exchanges come with easy-to-follow instructions on how to use their platforms. You can sign up for an exchange or broker using the links below or continue reading to learn more about Aion.
How to buy Aion online – a step-by-step guide
Copy link to sectionStep 1. Find an exchange
Copy link to sectionSet up an account on a crypto exchange or brokerage. Below are some recommended exchanges that you can sign up to by following the links below.
- Binance: As one of the largest cryptocurrency exchanges in the world you’ll be able to find Aion and hundreds of other tokens available to trade. Sign up with Binance today >
- KuCoin: KuCoin is a beginner-friendly exchange platform that offers a wide range of cryptocurrencies and that you can use to get started on your investment journey very easily. Join KuCoin today >
Step 2. Sign up and fund your account
Copy link to sectionAfter signing up you must then deposit funds into your account to be able to trade and use the exchange or broker services. Deposits can be done using your debit/credit card, Paypal or a bank transfer.
Step 3. Purchase
Copy link to sectionSearch for Aion using the exchange’s search bar. Once you’ve found Aion, the price will be denominated in a range of currencies. Select one of the currencies that you’d like to purchase Aion in, enter the number of coins you’d like to buy then click the buy button to execute the purchase.
Step 4. (Optional) Get a suitable wallet
Copy link to sectionYour Aion coins will be available in your exchange or portfolio. If you’d like to send your coins to another wallet off the exchange then you can use one of the recommended crypto wallets below.
- Ledger Nano S: Ledger Nano S is a physical hardware wallet made for holding your coins on a device that can be managed using your mobile phone and can be connected to any computer. Get the Ledger Nano S >
- Freewallet: Freewallet is a wallet that you can access via a web browser wallet or mobile device. You can manage your coins at home or on the go. Sign up to Freewallet now >
How to trade Aion – a step-by-step guide
Copy link to sectionStep 1. Find a broker
Copy link to sectionTrading a coin involves buying and selling a coin over a period of time. It’s best to use a low fee broker when trading. There are currently no brokers that offer Aion. Brokers such as eToro and Plus500 may add the coin depending on its performance.
Step 2. Create an account and deposit money
Copy link to sectionChoose a broker that you would like to trade on then make a monetary deposit to enable trading. Most brokers require new users to deposit money using their credit/debit cards or PayPal before being able to use that exchange.
Step 3. Learn how to perform technical analysis
Copy link to sectionTraders can use technical analysis to make successful trades on financial assets. You can learn more about technical analysis and trading strategies by taking our short term trading course.
Step 4. Decide whether to go long or short
Copy link to sectionIf you’re trading on a brokerage you’ll have the ability to take a long position (to bet an asset will rise) or short position (to bet an asset will fall). You can use your own technical analysis to make your own longing and shorting strategies on assets.
Step 5. Make the trade
Copy link to sectionYou’ll be able to buy and sell an asset by visiting the trading page of your chosen broker. You must enter how much of an asset you would like to buy/sell then make that trade by clicking the equivalent buttons.
Should I invest in Aion?
Copy link to sectionAs it currently stands, Aion is not a good investment. Back in 2017, Aion aimed to make transactions between different blockchains possible by bridging multiple blockchains together but also being able to create multiple blockchains on one ecosystem.
It’s believed that Aion has since gone through many changes over the years but it’s now hard to find any information about the project, as some of Aion’s main social networks have not been updated properly in months and there seems to be no clear goal of what they’re currently trying to achieve with Aion.
It seems Aion scrapped their initial goal of making blockchain’s interoperable years ago and many members of the team have moved on to other projects. The reason for Aion abandoning their initial idea may have been due to Polkadot’s rise in the market, and the emergence of other platforms like Polygon with better tech, teams, and financial backing.
Still undecided?
Copy link to sectionBelow are some pros and cons about Aion that you can use to help you decide whether to invest. Below that are three final questions to consider before you put money into the coin.
Pros
Copy link to section- Their idea in 2017 was innovative
- Aion makes it possible for transactions to take place across different blockchains
Cons
Copy link to sectionFinally, use the answers to the questions below to help you decide whether to invest in Aion.
1. Is now a good time to buy Aion?
Copy link to sectionIt’s recommended that everyone should stay away from Aion and instead, invest in other promising projects that help with blockchain interoperability and bridging. Aion has been largely abandoned as the team behind it has left the project over the last few years.
However, if you’d like to trade the occasional up and down swings that the coin experiences, you can use technical analysis and certain trading indicators to help make an entry and exit. If you’d like help to decide on when the best time to buy is then follow the links below to view our team’s opinions.
2. What problem does Aion solve, and what are its investment prospects?
Copy link to sectionAion’s original goal was to solve the problem of interopability by allowing different blockchain platforms to interact with each other. However, the lack of recent activity on the project means that it’s best to be cautious about investing in it and it’s not clear what its plan for success is now.
The price chart for Aion has collapsed since 2018 and it only makes gains when the general market sentiment is positive. The lack of activity means that there is a possibility that the coin may be delisted from certain exchanges in the future.
To keep up with the goings-on with Aion and to keep tabs on whether there are any signs of a recovery, you can follow the latest market news by following the links below.
3. Do you want to hold Aion for the long term?
Copy link to sectionSince the Aion network is largely abandoned, price movements tend to be random or depend on the health of the overall market. Below are some things to consider if you’d like to trade Aion.
Considerations for a long-term investment strategy
Since there are no upcoming catalysts or reasons for Aion’s price to increase over time, a long-term strategy is not useful when trading Aion.
If you’d still like to purchase tokens for any long-term investment in the future you can simply sign up to an exchange and purchase your coins from there. After purchasing, keep in mind that you can always send your coins to a non-custodial wallet for better safekeeping.
Considerations for a short-term trading strategy
You can use your own technical analyst to time when to make micro trades on Aion’s chart. You can choose one of our recommended brokers and trade with ease using their low fees and fast transaction times.
More altcoins to buy
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