Last update: Jun 6, 2022

How to Buy Fetch.AI (FET)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Fetch.AI. Depending on where you’re based, you’ll have various exchanges to choose from.

In this guide, we not only cover the top 3 global crypto trading platforms, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Fetch. Ai

How to Buy Fetch.AI – 4 Easy Steps

1. Choose a crypto exchange

Finding a crypto trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Fetch.AI of course.

2. Sign up with the crypto exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger exchanges.

4. Buy Fetch.AI

Now that you have what you need to buy Fetch.AI, head over to the market or buy section of the cryptocurrency trading platform and buy some FET.

If the crypto exchange doesn’t have any Fetch.AI on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Fetch.AI first), and trade your Ethereum for Fetch.AI.

Where to Buy Fetch.AI (FET)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Fetch.AI

  1. Sign into the exchange where you bought Fetch.AI.
  2. Move your Fetch.AI to the right place on the cryptocurrency exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell Fetch.AI.

 

Crypto trading

How to Buy Fetch.AI (FET) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Fetch.AI in Australia, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy Fetch.AI if it’s available. If the exchange doesn’t have Fetch.AI. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Fetch.AI), and trade your ETH for Fetch.AI.

You can also take a look at our analysis of the safest crypto exchanges in Australia for those curious to know more about which exchanges we would recommend.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy Fetch.AI (FET) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Fetch.AI in Canada, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy Fetch.AI if it’s available. If the exchange doesn’t have Fetch.AI. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Fetch.AI), and trade your ETH for Fetch.AI.

Or, if you’d like to know more about which exchanges we prefer, read our list of the best bitcoin exchanges in Canada.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy Fetch.AI (FET) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Fetch.AI in the UK, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy Fetch.AI if it’s available. If the exchange doesn’t have Fetch.AI. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Fetch.AI), and trade your ETH for Fetch.AI.

It’s also possible to check out our comparison of the cryptocurrency brokers in the UK for those curious to know more about the exchanges we like.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying Fetch.AI? FET Rundown

Fetch.AI was founded in 2017 and launched via IEO in Binance in March 2019. It is an artificial intelligence lab that creates a decentralized, open, permissionless machine learning network with crypto economies. Fetch.ai makes AI technology accessible to everyone. It provides a permissionless network on which anyone can connect to secure data and use autonomous AI to perform tasks that leverage the global network's network of data. Fetch.AI is used in optimization of DeFi trading services, transport networks (parking and micromobility), smart grids, travel, and any other complex digital system that relies upon large-scale data.

Fetch.ai's utility token FET was created to help find, create and deploy digital twins. It is an integral part of smart contracts on the platform.

FET tokens allow users to create and deploy their own digital twins through the network. Developers, by paying with FET tokens, can access machine-learning-based utilities to train autonomous digital twin and deploy collective intelligence on the network.

Staking FET tokens can also be used to enable validation nodes. This facilitates network validation as well as reputation.

Fetch.ai technology stack consists of four elements. These are:

The Digital Twin Framework -- contains modular components that allow teams to build markets, skills, intelligence, and intelligence for their digital twins.

The Open Economic Framework -- Provides search and discovery functions for digital twins.

The Digital Twin Metropolis -- A collection of smart contracts that runs on a WebAssembly virtual machine to keep an immutable record all agreements between digital twins.

Fetch.ai Blockchain combines multiparty cryptography with game theory to provide secure, censorship resistant consensus and rapid chain-syncing for digital twin applications.

The platform's core components are the learner, where each participant is the learning experiment's learner. Each learner represents a private dataset and machine-learning system. The global market is another component of the platform's core components. It is the result a collective learning experiment in which the machine learning model has been collectively trained by learners. The Fetch.ai Blockchain supports smart contracts that allow for coordination and governance in a secure, auditable manner. The decentralized data layer, based on IPFS, allows for the sharing of machine-learning weights among all learners.

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author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.