January 19, 2023

How to buy Flow (FLOW) Cryptocurrency

A guide on how to buy Flow (FLOW) Tokens

You can buy Flow (FLOW) on cryptocurrency exchanges, decentralised exchanges and / or through crypto payment services.

Flow (FLOW) is the native crypto for the Flow network.

Flow itself is a fast, decentralized, and developer-friendly blockchain. It was created by Dapper Labs, the team behind CryptoKitties, to solve problems they had scaling CryptoKitties on the Ethereum network.

Buying FLOW can take as little as 10-15 minutes.

How to buy Flow in 5 easy steps

1. Compare places to buy Flow to determine the best for your situation

You can use our table below as a starting point for your research.

2. Create an account

Create an account on the platform you choose.

3. Make a deposit

Deposit either cryptocurrency or fiat onto the platform.

4. Buy Flow

Buy FLOW using either cryptocurrency or fiat through the platform.

Where to buy Flow

Our table below shows you a list of places where you can buy Flow (FLOW) along with some basic information.

What can I do with Flow?

Once you have bought Flow (FLOW)Β you can use Flow for staking, governance, payment of transaction fees, and the principal reserve asset on the network.

Two interesting use cases of Flow are for purchasing Flow NFTs and participating in DeFi.

Purchasing Flow NFTs

Purchasing Flow NFTs requires you to also have a Flow wallet.

Creating a Flow wallet

One easy way to set up a Flow wallet is to click Connect wallet to the Flowverse NFT platform here. i.e. click the button circled.

Then select the wallet to connect. Our guide here will help you determine which wallet to use.

  • If you choose Dapper wallet, before you buy the Flowverse Mystery Pass you will also need to verify your identity with Dapper. This can be done by completing their easy 3-step Identity Check‍
  • If you choose Blocto wallet, you can get started as soon as you verify your email address‍
  • If you choose Lilico wallet, you will first need to download the Lilico chrome extension
Funding your Flow wallet

Once your Flow wallet is created, you can fund it through transferring FLOW tokens to your Flow wallet address.

To do this copy your FLOW address (starting with 0x….) from Flowverse NFT. This can be found easily after you have connected your wallet. Click on your profile button, and then click the clipboard button next to your address to copy it.

Then you can transfer the FLOW you have already purchased to this address. For more detailed example on how to do this, check out this guide.

Finding a Flow NFT to buy

You can find a list of Flow NFTs here. Filter to Buy with $FLOW to see those which can be bought with FLOW cryptocurrency.

Some Flow NFTs that can be purchased with FLOW include:

  • NBA Top Shot
  • Flovatar
  • Flowverse Mystery Pass
  • Flowverse Socks
  • Zeedz
  • Matrix World land

Participating in Flow DeFi

Once you have a Flow wallet and have bought Flow cryptocurrency, you can connect to DeFi projects listed here to participate in Flow DeFi.

Some well-known DeFi projects on Flow include:

  • Increment Finance
  • Flowty
  • Bloctoswap
  • Celer Network

More about Flow

‍Flow is a fast, decentralized, and developer-friendly blockchain.It was created by Dapper Labs, the team behind CryptoKitties, to solve problems they had scaling CryptoKitties on the Ethereum network.

Flow differs from other blockchains (like Ethereum, Solana, Bitcoin, Cardano, DOGE & more) because it was explicitly designed to support games and consumer applications on day one, with the throughput necessary to scale to millions of active users.

Many high profile IPs have built applications on top of Flow across sport and entertainment including the NBA, UFC, La Liga and NFL, as well as Warner and Universal music group.

The CTO of Flow, Dieter Shirley, created the ERC-721 NFT standard on Ethereum and coined the term β€˜NFT’

The Flow (FLOW) cryptocurrency is Flow Blockchain’s equivalent to $ETH for Ethereum or $SOL for Solana.

‍

View more Flow Blockchain Research