Everest (RISE) is a cryptocurrency and platform for building decentralized applications. Its main attraction is the buyback option of the project. This means that Everise can buy back its coins and burn them to stabilize the price. On its website, EverRise describes itself as hyper-deflationary.
EverRise is a cryptocurrency traded online. Most crypto exchange platforms have it added to their lists. Most users are aware of the existence of the coin. The biggest issue is knowing how and where you can be able to buy them. This will be a step-by-step guide on how to purchase EverRise Online.
Find an Exchange That Accepts EverRise Tokens
The best and easiest option to get EverRise Tokens is by using an online exchange platform. Exchange platforms regularly update their inventory to display every new and small coin. Different Exchanges have different features. It is up to you to find one that you like. Some of the best exchanges are:
Binance: Binance is one of the most used trading platforms. This is because they have the most extensive collection of tokens on their site. Binance also has a wide range of educational materials and tutorials for any new traders.
BitMEX: Experienced traders prefer BitMEX. This is because it has specialized features for expert traders, and the only accepted deposits are in cryptocurrencies. BitMEX values security and has many trading options.
Sign Up and Fund your Account
You have to sign up for an exchange and create an account. This process usually is fast, and you need to provide your email address. Some other contact details may be required. Some platforms need a photo ID as well.
Funding your account is the next step. You can use various methods to do this. Most users prefer to use their credit or debit cards. A bank transfer is also possible, but this takes longer. Options like PayPal may not be provided or may be slightly more expensive.
Buy Your EverRise Tokens
When you sign in to your exchange platform, look for RISE. Each coin has an abbreviation that is unique to the coin. Exchanges have coin pairs that are on display. The ETH/RISE pair means trading Ethereum for EverRise tokens.
These pairs are unlikely to include government-issued money(fiat) along with EverRise tokens. Newer coins tend to have this issue. The way to circumvent this is to swap your money into a cryptocurrency and then buy EverRise Tokens.
Get a Crypto Wallet For EverRise Tokens
This is an optional step in buying EverRise tokens. A crypto wallet is a safe and secure place to hold your EverRise Coins for anyone who wants to buy and sell cryptocurrencies. Crypto wallets are a bit like banks in that they give security to the user while storing their assets. Some examples of wallets that can store EverRise tokens are:
Exodus: This is a mobile and desktop wallet that is tailor-made for beginners. Exodus wallet currently allows the swap of over 100 cryptocurrency options. It has an easy-to-use interface and a built-in exchange. Experts may find this wallet to be a bit lacking in features.
Ledger Nano S: Ledger Nano S is a hardware wallet. This means that it is capable of cold storage. Cold storage means holding your EverRise tokens offline. This helps in deterring hackers from interfering with your coin balance. Ledger Nano S comes with an exchange built-in, and you can transfer your Everest tokens through a QR code.