Where & How to Buy Amp (AMP) for Beginners in 2025

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Amp coins are not easily available to buy via cryptocurrency exchanges. A lot of altcoins exist only in the peer-2-peer market (P2P), where you use a ‘decentralized crypto exchange’ to get your hands on Amp.

These exchanges function similar to a physical marketplace, where people go to trade things with each other.

You can’t really ‘buy’ Amp with US dollars. Altcoins like this are only traded for other cryptocurrencies, such as USDT, Ethereum, Solana, or Binance Coin, in a process that’s commonly referred to as a ‘swap’ or ‘swapping’.

This means that to purchase Amp you need to first own another crypto, like USDT or Ethereum, to swap for AMP.

Don’t worry, it sounds complicated at first, but once you’re set up and you’ve done it a few times it’s a fairly quick process. Use the guide below to learn how to swap USDT for AMP.

How to buy Amp in 4 steps

To buy Amp you need a smartphone or a computer and an internet connection. It can take up to an hour the first time and you should have some photo ID to hand.

For the purposes of this guide, we’ll use USDT in all our examples as it mirrors the US dollar and keeps things simple for beginners. Here’s how to do it:

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Best exchanges to get started, reviewed

As explained above, you have a selection of platforms to use as an onramp to the altcoin market. Any of the following apps are perfectly fine places to buy cryptocurrencies such as USDT, Ethereum, Solana, and Binance Coin.

How to trade AMP

You can trade Amp on a decentralized cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how AMP crypto trading works:

1. Monitor the price: For simplicity, let’s say the price of AMP/USDT is $1. You read the price charts and decide that now is a good time to start purchasing AMP.
2. Open a trade: You trade one USDT for one AMP ($1 USD for 1 AMP).
3. Continue to monitor the price: The following month, one AMP token is now worth $2, a 100% increase.
4. Close your trade: You trade your AMP token back to USDT for $2.

In this example, you buy and sell Amp, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend countless hours learning to trade, reading charts, technical patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.

What is the best way to pay for Amp (AMP)?

Because you can’t buy Amp using fiat currencies like US dollars, the simplest way to buy Amp cryptocurrency is by swapping an altcoin for it. Here are some of the top ways to pay for altcoins:

• Buy altcoins with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.

• Buy altcoins with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a $1 fee, and these transactions are more or less instant as they run through the Automated Clearing House (ACH) in the US, Faster Payments System (FPS) in the UK, or Single Euro Payments Area (SEPA) in Europe.

• Buy altcoins with PayPal. Some crypto brokers accept deposits via PayPal. Not many exchanges offer this option, however you can find here the best crypto exchanges that accept PayPal.

• Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.

How do I store Amp (AMP)?

You can keep your Amp stored perfectly safely on MetaMask. If you’ve followed this guide, you won’t need to set up anything additionally as you’ll already have your coins in the MetaMask wallet.

Is now a good time to buy Amp?

The answer depends on the current price and your own investment goals. Put simply, buying Amp, selling Amp, and trading AMP are all the exact same process in literal terms. It’s really just your personal investing intentions that defines whether ‘now’ is a good time to invest or not.

• If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #HODL a coin long term in the hopes of larger profits. In this sense, any time is a good time to trade Amp.

• As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of AMP, then a good time to purchase Amp is on any major dip.

In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying Amp and selling it the next day probably isn’t why you’re here either.

How has Amp (AMP) performed this year?

The current Amp price today is $0.006512505165, which is -94.62% versus its all time high of $0.12, which it reached on 16 June 2021. AMP is +93.92% this year, with a 52 week high of $0.02 and a 52 week low of $0.002781957103. 

Regardless, closely following Amp price news & analysis will help you decide when to pull the trigger.