Where & How to Buy Arweave (AR) for Beginners in 2024

Use our step-by-step guide to learn how and where to buy Arweave on 5+ highly rated crypto platforms.
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Updated: Jun 26, 2024
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Arweave coins are available buy via a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy Arweave this way. Follow our quick step guide below.

How to buy Arweave quickly in 3 steps

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To buy Arweave you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and you should have some photo ID to hand. Here’s how to do it.

Step 1. Sign up to a crypto platform

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We’ve ranked Uphold as the best crypto platform to get started with. Alternatively, there are several other options to select from below. Anyway, create an account and supply a copy of your photo ID for verification.

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1
Min. Deposit
$ 10
Best offer
User Score
9.2
0% deposit fees, 0% withdrawal fees, 0% trading commissions
Set up automated trades and up to 50 limit orders with ease
Buy and sell 90+ cryptos and utility tokens, precious metals and national currencies with as little as $1
Start Trading
Payment Methods:
Bank Transfer, Wire Transfer, Cryptocurrencies, Apple Pay, Google Pay
Full Regulations:
FCA

Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.

2
Min. Deposit
$ 0
Best offer
User Score
8.9
Sign Up Bonuses
App Available
Supports Multiple Altcoins
Start Trading
Payment Methods:
Bank Transfer, Debit Card, neteller, Credit Card, WebMoney, Mastercard, American Express, AdvCash, Payeer, Perfect Money, Apple Pay, Discover, Banxa, Simplex, Bank Transfer: SEPA, AirTM, Wise, Cash App, skrill, Zelle
Full Regulations:
3
Min. Deposit
$ 2
Best offer
User Score
8.6
Coinbase offers an extensive selection of cryptocurrencies, allowing users to diversify their portfolios.
Supports users from over 100 countries including the US and Canada
Employs robust security measures, including cold storage, to safeguard users’ crypto holdings.
Start Trading
Payment Methods:
Bank Transfer, Debit Card, Wire Transfer, Apple Pay, Google Pay, Bank Transfer: SEPA, Interac e-Transer
Full Regulations:
Cryptocurrency is not regulated by the UK Financial Conduct Authority and is not subject to protection under the UK Financial Services Compensation Scheme or within the scope of jurisdiction of the UK Financial Ombudsman Service. Investing in cryptocurrency comes with risk and cryptocurrency may gain in value, or lose some or all value. Capital gains tax may be applicable to profits from cryptocurrency sales.

Step 2. Make a deposit

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Add funds via a card payment, bank transfer or an alternative payment method. You can start with as little as $100 on most services.

Step 3. Buy Arweave token

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Locate the search box and type AR. Once you locate the coin trading page, enter how much money you want to spend and hit ‘trade now’.

Now you own Arweave tokens! Not a big deal, right?

Where to buy AR easily

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The overall best platform to buy Arweave for beginners is Uphold .

Here are the top five places to buy Arweave, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.

  1. Uphold: Best for building long term wealth
  2. KuCoin: Best social trading altcoin exchange
  3. Coinbase: Best secure trading platform for all types of trader

Read more about how we rate, rank and review platforms.

Best exchanges to buy Arweave (AR), reviewed

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1. Uphold. Best for building long term wealth

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$0.99

Fees

Minimum deposit

300

No. assets

Yes

Demo/virtual account

Pros & Cons

Wide range of cryptocurrencies available Zero deposit and withdrawal fees Crypto wallets to store your coins Low minimum deposits and fast account set up
Spreads can be high for some cryptocurrencies Services vary depending on region Customer support is limited

Overview

We love Uphold because it’s a regulated and transparent digital asset platform. There are 160+ cryptocurrencies available to hold and trade, along with three fiat currencies; GBP, EUR, and USD. 

Uphold’s key features include the ability to schedule transactions to avoid trying to time the market. With a focus on long term wealth building, Uphold also offers the ability to earn rewards of up to 25% on staked crypto, as well as 4% cashback paid in XRP for purchases made with the Uphold card.

The fees: Crypto spreads start from 0.9% and are usually lower than 1.3% for BTC and ETH. Other cryptocurrency spreads are higher. Average spreads on fiat currency are 0.2%. There is a $0.99 fee for transactions under $100 made with the Uphold card.

Highlights

Visit Review

Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.

2. KuCoin. Best social trading altcoin exchange

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Fees

Minimum deposit

No. assets

No

Demo/virtual account

Pros & Cons

Anonymous trading with up to 2 BTC withdrawals/24 hours Wide variety of cryptocurrencies No deposit fees
Low trading volumes not suitable for big traders Doesn’t support U.S. customers You might experience delays and lags during high-traffic times.

Overview

We love KuCoin because it;s a great place for beginners to trade more than 700 altcoins. KuCoin is a social trading platform with 20+ million investors worldwide in 200+ countries.

KuCoin’s beginner zone offers up rewards up to $500 for new users. The rest of the platform has plenty of features for the crypto enthusiast: a staking service to earn money on your stored crypto, an NFT marketplace, and margin trading features to buy leveraged tokens.

The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.

Highlights

Visit KuCoin KuCoin Review

3. Coinbase. Best secure trading platform for all types of trader

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Up to 0.6%

Fees

$10

Minimum deposit

200

No. assets

No

Demo/virtual account

Pros & Cons

Simple and easy to use interface Able to buy cryptocurrencies instantly with a credit or debit card Offers great security on its wallet Can use a variety of payment methods
Quite high fees for credit and debit card instant buys Poor customer support

Overview

We love Coinbase because it’s the leading public crypto platform. Coinbase offers more than 170 cryptocurrencies to trade, a secure wallet to store your coins in, and automatic staking rewards on 10+ cryptos through Coinbase Earn.

A public company brings transparency and renown, so you can trust that any money on Coinbase is safe and you’re sharing the platform with over 100 million other users. There is insurance on all cash balances up to $250,000 and the majority of assets are stored offline in cold storage.

The fees: Trading fees start from 0.6% but reduce the higher your trading volume. Bank transfer deposits and withdrawals are free, other payment methods may be charged. There is no fee for wallet-to-wallet crypto transactions but you will have to pay blockchain fees. Coinbase charges a 25% fee for its staking services.

Highlights

Visit Coinbase Coinbase Review

How to trade AR

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

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

In this example, you buy and sell Arweave, 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 Arweave (AR)?

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The simplest way to buy Arweave cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for AR.

  • Buy Arweave 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 Arweave 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.
  • 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 Arweave (AR)?

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Most people keep their crypto on the exchange they used to buy it. If you only plan to hold onto it for a little while then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of Arweave then you should move it to a crypto wallet.

A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Two of the best Arweave wallets to use are MetaMask and the Ledger Nano S.

Is now a good time to buy Arweave?

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The answer depends on the current price and your own investment goals. Put simply, buying Arweave, selling Arweave, and trading AR 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 Arweave.
  • 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 AR, then a good time to purchase Arweave 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 Arweave and selling it the next day probably isn’t why you’re here either.

How has Arweave (AR) performed this year?

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The current Arweave price today is $22.54, which is -75.22% versus its all time high of $90.94, which it reached on 05 November 2021. AR is +272.52% this year, with a 52 week high of $49.42 and a 52 week low of $3.75. 

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



Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.
Prash Raval
Financial Writer
Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.