How & where to buy Thorchain (RUNE) online

THORChain is designed to allow cryptocurrencies on different blockchains to be exchanged in the same market. Find out how and where to buy RUNE coins today.
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Updated: Jun 28, 2022
Tip: our preferred broker is, eToro: visit & create account

This page tells you everything you need to know about THORchain. From the project’s history to its investment outlook for the future, we cover everything you need to know.

What are the best exchanges to buy RUNE on?

For those of you who want to know where to buy RUNE coin online, we can help. Simply click one of the links in the below table to be redirected to one of our recommended partners. Our team of financial analysts have tested each option to make sure it is a strong performer in every respect. However, if you want to learn more about THORChain first, keep reading.

1
Min. Deposit
$1
Promotion
User Score
10
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Description:
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Payment Methods
1Pay, 2C2P, 3d Secure Credit Card, ACH, ANELIK, Abaqoos, AdvCash, AlertPay, Alfa-Click
Algocharge, AliPay, American Express, Apple Pay, AstroPay, BPAY, Bank Link, Bank Transfer, Bank Wire, Baofoo, BitGold, BitPay, Bitcoin, Boleto, Bonds, Borneo Exchanger, Bradesco, CEX.io Mobile App, CFDs, CSS System, CUPS, CartaSi, Carte Bleu, Carte Bleue, Cash, CashU, Cashier Order, Check, Check (UK only), China UinonPay, China Union Pay, China UnionPay, ClickandBuy, Commodities, Contact, Contact Z, Credit Card, Cryptocurrencies, Currencies, DCPay, DIXIPAY, Dankort, Debit Card, Dengi Online, DineroMail, DirectPay, Dotpay, E-dinar, ELV, ENets, EPS, ETFs, EXCARD, Easy2Pay, EcoPayz, Ecommpay, Ecurrencyzone, EgoPay, Emerchant Pay, Eprotections, EstroPay, Ethereum, Euro Bank Account, Euteller, Express Dotpay, Express Polish Post Office 24/7, Express Zabka Market, Ezeebill, Ezybonds, FasaPay, Fastapay, Fastbank, Faster Payments, FilsPay, Forex, GTBank, Gate2Shop, Giropay, GlobalCollect, GlobalPAY, GlobePay, Gluepay, Google Pay, Halcash, I-Account, IPS, Ideal, Indices, Individual US State License(s), Indonesia Exchanger, InstaBill, Instadebit, IntellectMoney, Interswitch, Investmate, Investmate, Itukar, KNET, Klarna, LaoForexBoard, LavaPay, Lion Payment, LiqPay, Litecoin, Lobanet, MOTO, MT4, MT5, Mailing Cash, Market Maker, Masari, Mastercard, MegaTransfer, Mister Cash, Mobile Trading App, Mobile Trading Platform, Moneta, Money Bookers, Money Order, MoneyBookers, MoneyGram, MoneyPolo, Multibanco, NETBANX, Nab, Namecoin, Neosurf, NetPay, OKPAY, OMT, OmahPoin, OnPay.ru, Online Naira, OrangePay, PAYSEC, POLi, POLi & BPay, PYEER, PagoEfectivo, Paxum, Pay Nova, PayCo, PayPal, PayRetailers, PayWeb, Payeer, Payoneer, Payonline, Payvision, Payza, Perfect Money, PocketMoni, Postbank, Powercash 21, Prepaid MasterCard, Prepaid MasterCard (I-Account), Prepaid MasterCard (Intercash), Prepaid MasterCard (Payoneer), Privat 24, Przelewy24, QIWI, RBK Money, Rapid Transfer, RegularPay, SEPA, Safecharge, SafetyPay, SahibExchange, Shilling, SmartPay, Sofort, SolidTrust Pay, SorexPay, Sporopay, Stock Certificate, Stocks, Swish, Teleingreso, Thailand Exchanger, Ticketsurf, Todito Cash, Trade Interceptor, Transact Europe Payment, Trazus, TrustPay, Trustly, UAE Exchange, UPayCard, USD, Ukash, Unet, UnionPay, Unistream, Uphold, Verve, Vietnam Exchanger, Visa, VixiPay, VoguePay, Vouchers, Wallet One, WeChat, Web Based Trading Platform, WebMoney, WebPay, Webtrader, Western Union, Wire Transfer, Wirecard, Yandex, Yandex Money, Yemadai, YuuPay, Z-Payment, Zenith, cTrader, dinpay, eCard, eCheck, eKonto, ePay bg, ePayments Transfer, eToro Mobile Trading Platform, eToro Trading Platform, eTranzact, iPay, mPay, neteller, paysafecard, postepay, skrill, unichange.me
Full regulations list:
2
Min. Deposit
-
Promotion
User Score
9.3
Sign Up Bonuses
App Available
Supports Multiple Altcoins
Start Trading
Description:
KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 5 million registered users from 200+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique visit ranks the top 5 globally.
Payment Methods
Full regulations list:
3
Min. Deposit
$0
Promotion
User Score
8.7
All swaps are custody-free, with no registration needed
Convert 500+ crypto assets instantly
Best exchange rates among the whole cryptocurrency market
Start Trading
Description:
Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.
Payment Methods
Full regulations list:

How to buy RUNE online – a step-by-step guide

Step 1. Find an exchange

The best place to buy RUNE crypto both in the UK and elsewhere is undoubtedly a reliable crypto exchange with low fees. You can check out our comparison table at the top of this page, or you can choose from one of the two top services below:

  • Binance: Binance offers over 100 cryptocurrencies and is the most popular exchange by trading volume. It has recently added a beginner-friendly lite version on its mobile app to help you get used to crypto trading. Sign up for Binance >
  • BitMEX: BitMEX is an exchange for trading in Bitcoin. It’s ideal if you want some more extensive options, as it includes its own wallet and features like futures trading as well. Join BitMEX now >

Step 2. Sign up and fund your account

Before you can start your investing journey, you need to sign up for an account. To do that you need to provide some contact details, like an email address and phone number, and show a form of photo ID. The top exchanges let you fund your account with either fiat currency (like GBP, USD, or EUR) or cryptocurrency, though some might only accept deposits in Bitcoin.

Step 3. Purchase

The easiest way to execute your transaction is with Bitcoin. The THORChain ticket symbol is RUNE, so you need to search for the RUNE/BTC pairing on the exchange of your choice. Once you have keyed in your desired trade size, execute the trade. Congratulations, you now hold THORchain coin!

Step 4. (Optional) Get a suitable wallet

Wallets are a secure way of storing your coins, seperate from an exchange account. For the most part, exchanges are perfectly safe and might be all you need if you only own a small amount of crypto. If you have a larger holding, a wallet offers you much more control and security over what you have. They come in online or offline versions depending on the amount of security you want. Here are two wallets you can try:

  • Freewallet: Freewallet is an online crypto wallet that lets you access your coins through a web browser or a dedicated mobile app. It can hold over 100 different cryptos and comes with its own integrated exchange as well. Join Freewallet now >
  • StrongCoin: StrongCoin is another online wallet that lets you access coins online but encrypts your private key before it’s stored on a server. For extra security, you also get an offline paper backup of your keys. Sign up with StrongCoin >
1
Min. Deposit
$1
Promotion
User Score
10
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Payment Methods:
1Pay, 2C2P, 3d Secure Credit Card, ACH, ANELIK, Abaqoos, AdvCash, AlertPay, Alfa-Click
Algocharge, AliPay, American Express, Apple Pay, AstroPay, BPAY, Bank Link, Bank Transfer, Bank Wire, Baofoo, BitGold, BitPay, Bitcoin, Boleto, Bonds, Borneo Exchanger, Bradesco, CEX.io Mobile App, CFDs, CSS System, CUPS, CartaSi, Carte Bleu, Carte Bleue, Cash, CashU, Cashier Order, Check, Check (UK only), China UinonPay, China Union Pay, China UnionPay, ClickandBuy, Commodities, Contact, Contact Z, Credit Card, Cryptocurrencies, Currencies, DCPay, DIXIPAY, Dankort, Debit Card, Dengi Online, DineroMail, DirectPay, Dotpay, E-dinar, ELV, ENets, EPS, ETFs, EXCARD, Easy2Pay, EcoPayz, Ecommpay, Ecurrencyzone, EgoPay, Emerchant Pay, Eprotections, EstroPay, Ethereum, Euro Bank Account, Euteller, Express Dotpay, Express Polish Post Office 24/7, Express Zabka Market, Ezeebill, Ezybonds, FasaPay, Fastapay, Fastbank, Faster Payments, FilsPay, Forex, GTBank, Gate2Shop, Giropay, GlobalCollect, GlobalPAY, GlobePay, Gluepay, Google Pay, Halcash, I-Account, IPS, Ideal, Indices, Individual US State License(s), Indonesia Exchanger, InstaBill, Instadebit, IntellectMoney, Interswitch, Investmate, Investmate, Itukar, KNET, Klarna, LaoForexBoard, LavaPay, Lion Payment, LiqPay, Litecoin, Lobanet, MOTO, MT4, MT5, Mailing Cash, Market Maker, Masari, Mastercard, MegaTransfer, Mister Cash, Mobile Trading App, Mobile Trading Platform, Moneta, Money Bookers, Money Order, MoneyBookers, MoneyGram, MoneyPolo, Multibanco, NETBANX, Nab, Namecoin, Neosurf, NetPay, OKPAY, OMT, OmahPoin, OnPay.ru, Online Naira, OrangePay, PAYSEC, POLi, POLi & BPay, PYEER, PagoEfectivo, Paxum, Pay Nova, PayCo, PayPal, PayRetailers, PayWeb, Payeer, Payoneer, Payonline, Payvision, Payza, Perfect Money, PocketMoni, Postbank, Powercash 21, Prepaid MasterCard, Prepaid MasterCard (I-Account), Prepaid MasterCard (Intercash), Prepaid MasterCard (Payoneer), Privat 24, Przelewy24, QIWI, RBK Money, Rapid Transfer, RegularPay, SEPA, Safecharge, SafetyPay, SahibExchange, Shilling, SmartPay, Sofort, SolidTrust Pay, SorexPay, Sporopay, Stock Certificate, Stocks, Swish, Teleingreso, Thailand Exchanger, Ticketsurf, Todito Cash, Trade Interceptor, Transact Europe Payment, Trazus, TrustPay, Trustly, UAE Exchange, UPayCard, USD, Ukash, Unet, UnionPay, Unistream, Uphold, Verve, Vietnam Exchanger, Visa, VixiPay, VoguePay, Vouchers, Wallet One, WeChat, Web Based Trading Platform, WebMoney, WebPay, Webtrader, Western Union, Wire Transfer, Wirecard, Yandex, Yandex Money, Yemadai, YuuPay, Z-Payment, Zenith, cTrader, dinpay, eCard, eCheck, eKonto, ePay bg, ePayments Transfer, eToro Mobile Trading Platform, eToro Trading Platform, eTranzact, iPay, mPay, neteller, paysafecard, postepay, skrill, unichange.me
Full Regulations:

How to trade THORChain – a step-by-step guide

Step 1. Find a broker

The most important thing for trading cryptocurrency is using a broker with low fees. As a trader you want to open and close positions quickly and often, and high fees every time you do this can be a drain on your finances.

THORChain is not available with many brokers yet. Brokers tend to only offer the coins with the most trading volume, so if THORChain continues to grow it might become available. When that happens, eToro and Robinhood are two top brokers with no trading fees.

Step 2. Deposit money

Brokers only accept deposits in fiat currency. Before you sign up make sure you understand the fee structure, as many brokers charge for deposits and withdrawals.

Step 3. Decide how you’d like to trade

Contracts for difference (CFDs) are the most popular way to trade cryptocurrency. There are other ways too – spread betting is another common way of doing it – but CFDs are a good place to start. You can learn more about trading CFDs in our guide, but the simplest explanation is that it’s a way of speculating on the price of a coin without having to own it.

Step 4. Start trading 

As a new trader, a demo account is a good place to start. Almost every broker worth using will give you the option of trading with pretend funds and learn about the market without risking your own money.

In terms of the actual trading itself, you need to decide whether a coin is going to go up or down. If you have a positive outlook and think it’s going to go up, take a long position. Otherwise, take a short position.

Once you get more experience, you can delve into more advanced strategies. A popular method is trading with leverage, a way of making big trades by only putting up a small deposit (known as the ‘margin’) and borrowing the rest from your broker. Be careful with leverage, as it can lead to big losses just as quickly as big gains.

1
Min. Deposit
$10
Promotion
User Score
10
Accepts customers from the USA
Deposit $100 and get a $10 bonus!* Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.

Still undecided?

Not sure whether to invest in THORChain yet? We’ve summarised its pros and cons to help you. After that are a few more questions to guide you towards a final decision.

Pros

  • Seamless swapping regardless of different blockchains
  • Highly secure
  • Innovative with a first-mover advantage
  • Offers scalability via sharding
  • An entirely new way of thinking about the crypto ecosystem
  • Low fees and greater rewards
  • Consequences for malicious behaviour

Cons

Here are three questions for you to think about. After reading them you’ll be well placed to decide whether to invest in THORChain.

1. Is now a good time to buy THORChain?

The answer to this question depends on your ultimate goals. There are times when you want to hold cryptocurrency for the long term, and others where its volatility benefits high-frequency traders. RUNE is a strong investment if you plan on using the exchange since it is one of the pairs in every coin swap.

As a short term trader, the price might be the most important factor. If it looks like an opportunity to make an entry now and profit from an upward swing, you should. Sometimes, it can be market moves or new developments that cause these swings, and you can use our latest market analysis to help you find them:

2. What problem does THORChain solve, and what are the coin’s investment prospects?

THORChain solves the problem of not being able to exchange cryptocurrencies built on different blockchains. Where traditionally it has been difficult to swap Ethereum-based tokens for anything else, the THORchain exchange uses its RUNE coin as a go-between to facilitate the swap.

There’s a lot of competition around, and many established exchanges have the jump on THORChain. That could harm its investment prospects. However, it’s unique in the way it lets you trade cryptocurrencies across blockchain boundaries. By offering a different way of trading, it might be able to stand out.

If you are holding THORChain as an investment, that competition is something you need to track. There are all sorts of incidents – hacks, new coin launches, the performance of centralised exchanges like Binance – that could affect RUNE’s price. It’s important to do your research and stay on top of what’s going on. All the latest news is right here:

The Thorchain (RUNE/USD) price rose for the second straight day as activity in its network continued rising. The coin rose to a high of $8.520, which was about 17.7% above the lowest level this week. Its market cap has risen to over $2.5 billion, making it the 51st biggest…

3. Do you want to hold THORChain for the long term?

You want to hold RUNE for the long term if you want to use the exchange. Holding coins as an investment also entitles you to rewards if you stake them to help run the platform, and you get the chance to vote on its future. Here are some final things to think about whether your timescale is long term or short term.

Considerations for a long term investment strategy

Long-term investors want to see signs of the price going up. That might be news or developments that set THORchain up better than the competition. When you see those signs, you should sign up to an exchange and get some coins. You could also think about a wallet if you want somewhere to hold coins for the long term.

Considerations for a short term trading strategy

Short-term traders want to learn how to use technical analysis to predict price moves. The long term prospects are less important, though you should still keep an eye on the news for anything that might affect the price of RUNE tokens. Most importantly, find a broker with low fees.


Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

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 >

Charlie Hancox
Financial Writer
Alongside his passion for trading, Charlie has represented Great Britain and won national championships as a water polo player, and as a budding film director, has… read more.