Last update: Jun 6, 2022

How to Buy Moonriver (MOVR)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Moonriver. Depending on your country, you’ll have different trading platforms to choose from.

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

Let’s get started!

Moonriver

How to Buy Moonriver – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a cryptocurrency exchange 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 Moonriver of course.

2. Sign up with the cryptocurrency 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 cryptocurrency trading platforms.

4. Buy Moonriver

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

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

Where to Buy Moonriver (MOVR)

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 Moonriver

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

 

Crypto trading

How to Buy Moonriver (MOVR) 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 Moonriver 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 Moonriver if it’s available. If the exchange doesn’t have Moonriver. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Moonriver), and trade your ETH for Moonriver.

Alternatively, if you want to know more about which exchanges we like, check our list of the best sites to buy bitcoin in Australia.

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 Moonriver (MOVR) 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 Moonriver in Canada, the process remains the same:

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

Also, check out our comparison of the top 10 crypto exchanges in Canada if you’re looking to learn more about the exchanges we like.

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 Moonriver (MOVR) 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 Moonriver in the UK, the process remains the same:

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

Alternatively, if you want to learn more about the exchanges we prefer, read our comparison of the better exchanges for trading crypto in the UK.

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 Moonriver? MOVR Rundown

Moonriver, an Ethereum-compatible smart-contract parachain on Kusama, is called. It will be a companion network for Moonbeam and provide a permanent incentivized network of canaries. Moonriver will receive the new code first. It can then be verified and tested under real economic conditions. Once it is proven, the same code can be shipped to Moonbeam via Polkadot.

This is done by providing an EVM implementation, a Web3 compatible API and bridges to connect Moonriver with existing Ethereum networks.

Developers can deploy existing Solidity smart contract frontends and DApp frontends to Moonriver without any modifications.

Moonriver is a decentralized smart-contract platform and requires a utility token in order to function. MOVR is essential to Moonriver's design and cannot be removed without sacrificing its essential functionality. These are the Moonriver tokens:

  • Supporting smart contract execution gas metering
  • Incentivizing collators and powering the mechanics of the creation a decentralized node network infrastructure upon which the platform can run
  • Facilitating the on chain governance mechanism. This includes proposing referenda and electing council members.
  • Network transaction fees to be paid

Related:

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.