Where & How to Buy Band Protocol (BAND) for Beginners in 2025

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Band Protocol coins are available buy via a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy Band Protocol this way. Follow our quick step guide below.

How to buy Band Protocol quickly in 3 steps

To buy Band Protocol 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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Sign up to one of the best crypto platforms to start trading. Alternatively, there are several other options to select from below. Anyway, create an account and supply a copy of your photo ID for verification.

We found 5 crypto platforms for users based in

Sort by Recommended Minimum Deposit Safest Platforms User Rating

4.0

Kraken

Min. Deposit $10

Fees 0.10% – 0.26%

No. assets 200+

Demo account Yes

Visit site

Kraken review

3.2

Bitvavo

Min. Deposit n/a

Fees –

No. assets n/a

Demo account No

Visit site

Bitvavo review

3.6

Huobi

Min. Deposit n/a

Fees –

No. assets n/a

Demo account No

Visit site

Huobi review

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 Band Protocol token

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

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

Where to buy BAND easily

The overall best platform to buy Band Protocol for beginners is Kraken .

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

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

Best exchanges to buy Band Protocol (BAND), reviewed

1. Kraken: Best for simple, global cryptocurrency trading from your phone

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4

Ratings

$10

Min. deposit

0.10% – 0.26% (volume dependent)

Fees

200

No. assets

Yes

Demo account

Overview

We love Kraken because it’s a beginner-friendly crypto trading platform, one that’s designed to make it quick and convenient to buy and sell crypto on the go. The Kraken mobile app provides access to over 200 cryptocurrencies making it one of the most diverse platforms around. 

With an intuitive interface and many advanced features, the Kraken crypto app is suitable for those just starting, or experienced traders wanting to enhance their trading experience. The Kraken mobile app caters to different trading styles and preferences with spot, margin, and futures all available. 

Kraken’s mobile app also supports up to 5:1 leverage allowing you to amplify your position and potentially increase your returns. With such a wide selection of tokens available and a solid range of features and tools, the Kraken app is one of the top cryptocurrency trading platforms while on the go. 

The fees: Kraken charges a fee of between 0-0.26% on every crypto trade. There are no costs to set up an account and no flat trading fees.

Highlights

No. of tradable assets	200+
Min. Deposit	£10
ID verification required	Yes
Free demo account	Yes
Supported assets	Crypto, NFTs
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	FSA, AUSTRAC, FCA, MiFID II, FinCEN, FINTRAC

Fees & Costs

Trading fees	Yes
Inactivity fees	No
Rollover/overnight fees	No
Withdrawal fees	No
Spreads	Yes
Conversion fees	Yes

Pros & Cons

Cheap/ free deposits in EUR and cheap deposits for the USA Margin trading and Futures supported Transparency – it was the first exchange to carry out proof of reserves Low fees in comparison to other exchanges

Catered towards professional traders with large trading volumes Slow account verification in comparison to other brokers

Read review Visit Kraken

2. OKX. Best for futures and margin trading

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4

Ratings

$-

Min. deposit

…

Fees

–

No. assets

No

Demo account

Overview

We love OKX because it’s an adaptable and flexible exchange, with an app that’s available in three different versions depending on how you trade. Choose from the beginner-friendly Lite version, Web3 option for NFT traders, or the Pro version for a plethora of trading tools. 

From an app or desktop you can trade 350+ crypto coins on one of the world’s top crypto exchanges. You can fund your account easily, through a variety of simple payment methods, and a sliding scale of fees that means you can access discounts by holding the OKB token or trading high volumes.

The fees: Regular users pay a 0.1% fee on spot crypto trades. OKB crypto holders are entitled to a discount, up to 0.02% off for holding more than 2,000 coins. High volume traders are also entitled to a discount, with the cheapest fees available for traders with a 30 day trading volume above $10,000,000,000.

Highlights

No. of tradable assets
Min. Deposit
ID verification required	No
Free demo account	No
Supported assets
Mobile trading app	No
Web trading platform	No
Regulatory bodies

Pros & Cons

Stake ETH to freely mint NFTs & win big prizes 350+ cryptocurrencies & NFTs available across 650+ trading pairs Crypto spot & derivative markets available Pay using hundreds of local payment methods

Not available in the US Lack of fiat withdrawal options

Read review Visit OKX

How to trade BAND

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

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

In this example, you buy and sell Band Protocol, 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 Band Protocol (BAND)?

The simplest way to buy Band Protocol 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 BAND.

• Buy Band Protocol 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 Band Protocol 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 Band Protocol 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 Band Protocol (BAND)?

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 Band Protocol 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 Band Protocol wallets to use are MetaMask and the Ledger Nano S.

Is now a good time to buy Band Protocol?

The answer depends on the current price and your own investment goals. Put simply, buying Band Protocol, selling Band Protocol, and trading BAND 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 Band Protocol.

• 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 BAND, then a good time to purchase Band Protocol 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 Band Protocol and selling it the next day probably isn’t why you’re here either.

How has Band Protocol (BAND) performed this year?

The current Band Protocol price today is $2.20, which is -90.51% versus its all time high of $23.19, which it reached on 15 April 2021. BAND is +32.49% this year, with a 52 week high of $2.83 and a 52 week low of $0.89. 

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