The native token of an innovative artificial intelligence network on the blockchain, FET went on an over 1000% run in early 2021 and still has a bullish market structure now in 2022.
Are you looking to buy Fetch.ai tokens (FET) online? Our guide has all you need to know about Fetch.ai before you make an investment. We cover where to buy FET online, how to do so securely, and review the top brokers and crypto exchanges to use.
How to Buy Fetch.ai – Quick Steps
- Step 1: Open an account with FCA regulated crypto platform eToro – Visit eToro’s website and open a free trading account. Users will have to submit ID and address proof for verification.
- Step 2: Deposit – choose from the wide range of payment methods supported on the platform. The minimum deposit on eToro is $10.
- Step 3: Search for FET on eToro – Enter ‘FET’ in the search bar and click on ‘Trade’ when it appears.
- Step 4: Invest – Decide your investment amount and click ‘Open Trade’. eToro will hold your FET secure on the platform after you complete the transaction. You can also choose to transfer it to the eToro Money crypto wallet, which is free for users.
Where to Buy FET Coin
Looking for the best platform to invest in cryptocurrency online? Here are our best, safest, and cheapest options for you in 2022:
1. eToro – Overall Best Place to Buy FET Coin with Tight Spreads
You can invest in FET on eToro starting from $10. Apart from Fetch.ai, you can also buy Bitcoin, Ethereum, Dogecoin and 60+ other trending cryptos with just $10 minimum trade. It has a broad range of stocks, 250 ETFs, commodities and indices. eToro is regulated by the FCA, CySEC, and ASIC.
With 23m investors globally, eToro has become well-known since its launch in 2006. It is a suitable platform for newcomers who wish to explore the crypto market. The interface is user-friendly and eToro offers tools like CopyTrader and Smart Portfolios.
You can follow hundreds of crypto traders to help with your investment decisions using eToro’s CopyTrader. All you have to do is allocate your funds, select a trader to copy and the software ensures a real-time copy of trades. You can also copy several traders at once and opt out of the CopyTrader feature at any time.
Another advantage of using eToro is to use one of eToro’s crypto Smart Portfolios. These are created by eToro experts with strategic positions in the crypto sector. Each has a particular strategic theme and includes AI analysis, diversification, and sub-sector. Smart Portfolios save time and effort. Those require a minimum investment of $500.
To buy Fetch.ai online, sign up on eToro and get verified. Deposit in USD or other available currency using methods like PayPal, bank transfers, or credit/debit cards. Use the funds deposited in your account to buy crypto. eToro holds onto it with no extra charge until you decide to sell it.
You can also transfer your purchased crypto into your free eToro Money crypto wallet, which is regulated by the Gibraltar Financial Services Commission. This wallet also allows you to stake crypto and earn rewards apart from being a secure crypto wallet.
To invest in FET on the go, download eToro’s smartphone app available for both Android and iOS users. According to Statista it is the most downloaded crypto app in some countries.
Pros
- Invest in FET coin for as little as $10
- 23m verified eToro users
- Free eToro Money crypto wallet
- Regulated by the FCA, ASIC and CySEC
- Over 60 crypto assets including FET, BTC, ETH
- Smart Portfolios and CopyTrader
Cons
- $5 withdrawal fee
- Inactivity fee if inactive for over a year
- Spread system not ideal for day trading
Cryptoassets are a highly volatile unregulated investment product.
2. Huobi – Top-Rated Crypto Exchange with 4M Users
If you want to buy Fetch.ai, the Huobi crypto exchange immediately stands out as it is giving away cash incentives up to $300. Founded in China, it has offices in Japan, Korea and Singapore.
It offers 350 cryptos along with 60 payment options. With the third-highest trading activity in the world (as an exchange), you can easily fund your account to buy crypto using Huobi’s maker/taker structure.
Although it allows you to buy crypto directly with credit cards, buying FET is possible only by using P2P trading.
Huobi keeps most funds in cold storage. It runs an HKD 50,000 scheme to reward Huobi users who identify potential fraudulent issues on-site (Trading Protection and Guardian Project).
Huobi also offers crypto staking and has a free in-house trading bot you can use to automate trades.
Pros
- Cash incentives for signing up
- Many crypto financing options
- Cold storage security
- 348 crypto with 60 payment methods
- Trading Protection and Guardian Project
Cons
- No FCA regulation
- Orientated to Asia Pacific deposit methods
Cryptoassets are a highly volatile unregulated investment product.
3. Coinbase – Popular Cryptocurrency Exchange
Coinbase is a popular US-based exchange located in San Francisco. Unlike eToro, it does not offer other assets apart from crypto. However, it offers a good trading environment helpful for beginners to invest in Fetch.ai online.
The procedure is simple like that of eToro. Create an account on the platform, verify your identity, select the currency to fund your account, and buy crypto with those funds. You can also store your FET holdings with Coinbase or use the free Coinbase wallet to store them. Coinbase does not let you deposit funds with PayPal – we recommend eToro if you wish to use PayPal as your preferred payment method.
Coinbase is a huge public name and has 73m+ verified users. In 2021, it became the first crypto exchange to go public on (NASDAQ). You can trade Coinbase stock on eToro under its ticker COIN as that platform supports stocks.
What we like about Coinbase is its robust security mechanisms. It stores 98% of funds in cold storage.
As the storage is offline, it is away from cyber threats. Having said that, Coinbase has a complex fee system, combining flat fees and commissions. It has a 3.99% commission on credit card transactions, which is on the higher side as compared to other platforms.
It offers 151 cryptos for trading, and you can find lower fees by using its Coinbase Pro platform and depositing via bank transfer, not by debit card.
Pros
- Upgrade to Coinbase Pro for cheaper fees
- Free Coinbase crypto wallet & smartphone app (rated 4.7/5 on Google Play)
- Cold storage for most client funds
- Range of 151+ crypto
- Free crypto learning incentives
Cons
- Complex fee structure
- 99% credit card commission fee
Cryptoassets are a highly volatile unregulated investment product.
4. Binance – Leading Exchange to Buy Fetch.ai with Credit Card
Binance is known for the highest trade volume as compared to other crypto exchanges. It is referred to as a more advanced trading platform with a huge crypto selection and powerful TA tools.
You can invest in Fetch.ai directly with a credit card. The otherwise 3% fee on credit card transactions has been reduced to 1% as of now. All you have to do is sign up and get verified. The Binance P2P exchange offers trading of 500+ different crypto directly with other Binance users.
Binance has a small commission charge on trades (0.1%) based on a maker/taker slide. Binance is not regulated by the FCA. It has the Binance Secure Asset Fund for Users to compensate if customers ever get hacked. Binance’s Project Shield is underway since December 2021 and aims to audit new crypto tokens to prevent fraudulent entries.
Binance has a free crypto wallet – the Binance Trust Wallet. It also has a smartphone crypto app. You can use it to access the ‘Binance Lite’ option to make your trading experience convenient.
Like eToro and Coinbase, Binance has good online educative materials. Some customers feel that the verification process on Binance is complex unlike that of eToro. It operates in the US through Binance.US.
Pros
- Can invest in Fetch.ai direct with a credit card
- Both spot and margin trading
- 100+ crypto available via credit card
- 500+ crypto available via a P2P exchange
- Crypto staking and other crypto finance opportunities
- Free wallet and smartphone app
Cons
- Not regulated by a financial authority like the FCA
Cryptoassets are a highly volatile unregulated investment product.
What is FET Coin?
FET is the token of Fetch.ai, which is an artificial intelligence lab, with unique smart contracts that deploy AI and machine learning solutions on the blockchain. This contributes to decentralized problem-solving.
Fetch.ai platform offers open-source tools that facilitate users in the creation of diverse infrastructure and deploy fresh commercial models. It has an international team of engineers dedicated to blockchain, multi-agent systems, and AI. It uses next-generation distributed ledger technology.
Fetch.ai was incepted in 2017. The team includes specialists like Humayun Sheik, who is also its co-founder and CEO. Other members include Toby Simpson, Jonathan Ward, and Thomas Hain. The company has collaborated with BOSCH to launch V2.0 Mainnet, a blockchain network.
Other partnerships include Festo, Catena-X, YOTI, innovative telecom laboratories, Fireblocks, etc. Fetch.ai has also joined hands with OCP and OpenDAO. FET holders can use these on Binance Smart Chain to stake and mint USDO stable coins to earn OmniC tokens.
Should I invest in Fetch.ai Now?
Before you decide to invest in Fetch.ai, it is important to know the use cases of the coin. The network is known for intelligent data sharing and artificial intelligence that aims to solve the daily problems of organizations using AI and machine learning. These use cases contribute to efficiency by optimizing the existing systems.
Delivery Agents
A decentralized delivery network (DDN) gives the infrastructure that is used to deliver packages and pizza globally. DDN was created by Fetch.ai to establish the link between agents, autonomous vehicles, and delivery network with the supply chain network.
AI Travel Agents
It helps in the cost reduction of intermediaries by connecting consumers and providers. AI travel agents ensure this connection and take care of matters relating to privacy, enhanced value, and customized experiences. Customers can directly get in touch with the hotels/service providers for travel bookings. This cuts down on hidden charges or third-party payments and saves more time.
Smart Cities Field Trial
By using AI digitization services, Fetch.ai provides mobility services to real estate establishments. The AI identifies available parking lots, parking charge calculations, and ensures easy parking fee transactions.
Decentralized Finance
It helps to simplify digitalized trading for users. The tokens can be used for entities like base metals, steel, etc. It takes care of the security aspect and risk management for transactions. Hedging between raw materials and end products is also carried out.
Collective Learning
This tool enables users to engage with the ML model. They do not have to share the underlying data while doing so. It is an appropriate tool for functions that involve the input of personal information. Its scope of usage includes sectors like healthcare.
Supply Chains
It empowers supply chains. They can plan and strengthen partnership firms in addition to studying future patterns. This helps to tackle anticipated challenges.
Fetch.ai Price
FET Price chart
At the time of writing the FET price is has pumped back above $0.44, helped by a Bitcoin price rally to over $47,000.
Many altcoins have been rallying since bullish news of the Fed hiking interest rates by six basis points to stimulate the economy and combat inflation – suggesting it’s a good time to invest in more risk on assets like FET and other crypto coins.
The FET market cap according to Coinmarketcap is over $330 million. The all-time high price of FET was $1.20 in 2021 on Binance, and lower on other exchanges ($0.90 on the chart above as the brief blow-off top wick doesn’t register).
FET Price Prediction
Making a Fetch.ai price predictioin is difficult as altcoins are highly volatile and sensitive to news and other market conditions. However it does appear to have made a macro higher low in 2022 (as does Bitcoin).
That would suggest FET is a good investment now and has more potential upside than downside. The $0.30 – $0.35 area appears to have been flipped as strong support.
In the short-term it could retest the $1 area in 2022 and set a new ATH in 2023 or in the run-up to the 2024 Bitcoin halving.
Cryptoassets are a highly volatile unregulated investment product.
Ways of Buying FET Coin
Investors have plenty of options on the various cryptocurrency exchanges to buy Fetch.ai tokens.
How to buy FET with PayPal
The best broker to invest in FET coin with PayPal is eToro. You can easily deposit funds into your account and buy FET instantly.
Buy FET Coin with credit card or debit card
Binance, Coinjar, and Huobi are some good options to buy this coin using credit cards. However, many platforms charge commissions. On the other hand, eToro has no commission charges upon using credit cards for deposits. It only charges a 0.5% currency conversion fee when you deposit any currency other than USD.
Choosing a FET Wallet
Storing your FET Coin is as important as buying it. It is wise to choose brokers like eToro as they are highly regulated. The best crypto wallets ensure the safety of your cryptocurrency holdings. The eToro Money crypto wallet is among the best available as it is regulated by the Gibraltar Financial Services Commission. Etoro Money wallet also allows you to manage fiats and it comes with an unloseable key.
When to Buy Fetch.ai
The two obvious strategies are short-term and long-term investments. FET is good for the latter. When you invest in Fetch.ai straight away and hold on to it for a long-term basis. You can also go for the Dollar Cost Averaging. It means investing on a regular schedule. Small and regular investments are ones preferred by many seasoned traders.
How to Buy FET Coin – Tutorial
To begin with, take the 5 steps below to buy Fetch.ai online.
Choose a Broker or Exchange to Buy Fetch.ai
For buying FET online, you should start with small portions and choose a globally reputed and regulated broker like eToro. It keeps your investment secure and safe.
Sign up with eToro
Visit eToro’s official website and register an account. You can also log in using your Facebook or Google credentials.
You need to answer some basic investment-related questions. (All regulated brokers and exchanges follow this standard procedure to make sure that you are aware of the basics of investment. A robust ‘Know Your Customer’process ensures more safety of funds and customer information.)
Verify your ID with eToro
To complete the mandatory KYC process, supply two scans of your ID. You will also need to submit a document verifying your address. A valid passport is the suggested document for a faster verification process.
Upon completing the verification, eToro will send you a notification via email.
Deposit Funds with eToro
Click on ‘Deposit Funds’ after you log into your account. It allows up to 15 different currencies for deposits. eToro only charges a currency conversion fee of 0.5% for deposits other than USD.
You can also use PayPal for the deposits in addition to credit/debit cards, bank transfers, and e-wallets like Neteller and Skrill.
Buy FET with eToro in Seconds
Find FET Coin by entering ‘FET’ in the eToro search bar.
Click on the logo to go to the FET homepage on eToro. You can access newsfeed, stats and research in this section and use suitable charting options.
It is possible to invest in FET Coin with just $10 on eToro. Enter your desired amount and click on the ‘Open Trade’ button to execute. The platform will confirm your trade and your FET holdings will be reflected in your eToro portfolio.
Conclusion
Artificial intelligence is regarded by many as a good investment vehicle for the future, and Fetch.ai combines that with cryptocurrency and the blockchain. FET tokens have generated a high level of investor interest.
Regulated crypto platform eToro has listed many DeFi coins, and FET is one of the latest addition, listed in February 2022.
Buying FET and other cryptocurrencies is safe and convenient on eToro. With an easy-to-use crypto wallet, copy trading features, and being a social trading platform, it makes for a suitable platform for crypto investing.
In this guide we covered how to buy FET crypto coins, a process that takes just a few minutes and can be done with Paypal, e-wallets, credit or debit cards, or a bank transfer. Currently ranked the #173 largest coin by market capitalization, the FET token has room to grow.
Cryptoassets are a highly volatile unregulated investment product.