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- 1. How & where to buy Sandbox (SAND) online
- 2. How to buy Sandbox instantly in 3 simple steps
- 3. Where to buy SAND easily
- 4. Best exchanges to buy Sandbox (SAND), reviewed
- 5. How to trade SAND
- 6. What is the best way to pay for Sandbox (SAND)?
- 7. How do I store Sandbox (SAND)?
- 8. Is Sandbox (SAND) a good investment?
- 9. Is now a good time to buy Sandbox?
- 10. FAQs
How & where to buy Sandbox (SAND) online
Get started in minutes with our preferred broker,. 9/10
82% of retail CFD accounts lose money.
Sandbox tokens are available on a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy Sandbox this way. Follow our quick step guide below.
How to buy Sandbox instantly in 3 simple stepsCopy link to section
To buy Sandbox 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 eToroCopy link to section
77% of retail CFD accounts lose money.
Step 2. Make a depositCopy link to section
Add funds via a card payment, bank transfer or an alternative payment method. You can start with as little as £10.
Step 3. Buy Sandbox tokenCopy link to section
Type SAND into the search box then click ‘trade’. Enter how much money you want to spend and hit ‘trade now’.
Now you own Sandbox tokens! It’s as simple as that.
Where to buy SAND easilyCopy link to section
The overall best exchange to buy Sandbox token for beginners is eToro . Sandbox is also available on lots of other cryptocurrency exchanges.
Here are the top three places to buy Sandbox, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.
77% of retail CFD accounts lose money.
Read more about how we rate, rank and review platforms.
Best exchanges to buy Sandbox (SAND), reviewedCopy link to section
1. eToro. Best for beginners, copy-trading & demo-account
Pros & Cons
We love eToro because it makes it simple to trade crypto at home or on the go. If you’ve never bought cryptocurrency before, then eToro makes it simple to buy 75+ of the leading coins, including the likes of Bitcoin, Ethereum, and Dogecoin. Every crypto trade comes with a flat 1% fee, which makes it one of the cheapest crypto brokers on the market to boot.
As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see what’s trending on the crypto market every day, browse the latest technical analysis about every one of those tokens, and copy other people’s trade suggestions from your desktop or the eToro app.
The fees: You will be charged a 1% fee every time you buy or sell crypto. The charge is included in the market price that’s displayed on eToro. CFD trades may be charged an overnight or weekend fee if you leave the position open.
77% of retail CFD accounts lose money.
2. OKX. Best for futures and margin trading
Pros & Cons
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.
3. KuCoin. Best social trading altcoin exchange
Pros & Cons
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.
How to trade SANDCopy link to section
You can trade Sandbox on a cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how SAND crypto trading works:
- Monitor the price: Let’s say the price of SAND/USDT is $1. You read the price charts and decide that now is a good time to start purchasing SAND.
- Open a trade: You trade one USDT for one SAND ($1 for 1 SAND).
- Continue to monitor the price: The next day, one SAND token is now worth $2, a 100% increase.
- Close your trade: You trade your SAND token back to USDT for $2.
In this example, you buy and sell Sandbox, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend many hours learning to trade, reading charts, patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.
77% of retail CFD accounts lose money.
What is the best way to pay for Sandbox (SAND)?Copy link to section
The simplest way to buy Sandbox 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 SAND.
- Buy Sandbox 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 Sandbox 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 Faster Payments System (FPS).
- Buy Sandbox with PayPal. Some crypto brokers accept deposits via PayPal. eToro is the best option because it doesn’t charge a fee for PayPal deposits, whereas the charge can be as high as 5% or more with other platforms.
- 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 Sandbox (SAND)?Copy link to section
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 Sandbox 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 Sandbox wallets to use are MetaMask and the Ledger Nano S.
Is Sandbox (SAND) a good investment?Copy link to section
Whether it’s good for you depends on your goals and the fundamentals of the project. Here are some key features of Sandbox and its token to help you decide whether to invest in SAND.
- The Sandbox is a virtual reality world operating in the metaverse. The Sandbox is a virtual reality platform that provides users with a unique and immersive experience. It is set in the metaverse, a collective virtual shared space where users can engage in various activities and interact with each other.
- Users can build in The Sandbox without coding skills. The Sandbox offers an easy-to-use asset creation tool called VoxEdit that lets users create their own assets without needing coding skills. Assets can include anything from personalised avatars to buildings and even games.
- Assets can be turned into NFTs and bought/sold on the Sandbox marketplace. The Sandbox allows users to turn their assets into NFTs which can be bought and sold on the Sandbox marketplace. This opens up new monetisation opportunities for users, who can earn money by selling their assets to other users.
- The native currency of the platform is SAND, which is required to publish assets. The Sandbox uses its own native currency, SAND, as the medium of exchange within the platform. SAND is necessary to publish assets and serves as the currency used to buy and sell assets on the marketplace.
- SAND tokens have a fixed supply. SAND tokens have a fixed supply and are not subject to inflation. As the Sandbox community grows, the demand for SAND tokens is expected to increase, leading to an appreciation in their value.
- The platform has partnerships with major brands such as Adidas. The Sandbox has established partnerships with some of the world’s leading brands, including Adidas and Samsung. It has also hosted virtual concerts by musicians like Snoop Dogg, providing its users with unique and engaging experiences.
- The project raised nearly $100 million in funding in 2021 to expand further. In 2021, the Sandbox raised almost $100 million in funding, which will be used to develop and improve its platform. This funding will allow the Sandbox to bring new features and experiences to its users, helping to drive growth and engagement on the platform.
Use this quick summary of pros and cons to compare Sandbox with other, similar projects.
ProsCopy link to section
- Sandbox makes an easy and low cost option to invest in the metaverse and virtual reality, both of which are expected to be growing technologies of the future.
- SAND coins underpin the project’s ecosystem and are used as currency within the Sandbox platform.
- It has partnered with over 100 brands including Adidas and Atari.
Ultimately, many different factors play into the answer. Cryptocurrency is inherently volatile but you can reduce the risks by investing in quality projects that provide value to the community.
How has Sandbox (SAND) performed this year?Copy link to section
The current Sandbox price today is $0.6657, which is 91.93% below its all time high of $8.48, which it reached on 22 November, 2021. SAND is up 64.48% this year, with a 52 week high of $4.45 and a 52 week low of $0.33.
Is now a good time to buy Sandbox?Copy link to section
The answer depends on the current price and your own investment goals. Put simply, buying Sandbox, selling Sandbox, and trading SAND are all the exact same process. 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 that coin long term in the hopes of larger profits. In this sense, any time is a good time to buy Sandbox.
- 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 Sandbox and its decentralised aggregator platform, then a good time to purchase Sandbox 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 Sandbox and selling it the next day probably isn’t why you’re here either.
Regardless, closely following SAND price news & analysis will help you decide when to pull the trigger:
Latest Sandbox newsCopy link to section
A lonely metaverse as Sandbox, Decentraland active users drop
Sandbox (SAND) price: Analyst says $134M token unlock likely priced in
Sandbox’s SAND token braces for a $134 million unlock event
DigiToads (TOADS) winning over Decentraland (MANA) and Sandbox (SAND) holders as presale surpasses $1 million mark
Yat Siu says blockchain gaming is more than is suggested by low user count
Consider these play-to-earn (P2E) tokens as gaming giants eye blockchain gaming
FAQsCopy link to section
The highest rated exchange to buy Sandbox is eToro. However, you can purchase SAND crypto tokens on any of the platforms listed above in our comparison table. Any platform that lets you buy and sell the leading coins by market cap will offer Sandbox.
To create an account on any regulated cryptocurrency exchange, you will need:
- A mobile or laptop device
- An internet connection
- Email address and/or phone number
- Photo ID to verify the account
- A method to deposit & withdraw funds, like bank card or PayPal
As soon as you’ve set up an account, you can start buying Sandbox.
Yes, you can buy Sandbox on Coinbase.
Yes, SAND tokens are available on Binance.
Yes, eToro lists Sandbox along with a selection 50 of the largest crypto coins.
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >