How to Buy Fetch.ai (FET)? - A Step-by-Step Guide
It doesn't matter if you are in Toronto, Montreal, Calgary or anywhere in between, Ndax gives you all the tools and support to buy and sell FET in Canada.
Why buy FET?
Fetch.ai is a blockchain-based platform that utilizes artificial intelligence to create decentralized digital economies. Launched in 2019, Fetch.ai leverages a combination of AI, machine learning, and blockchain to enable smart infrastructure built around a decentralized digital economy. FET, the native token, is used to create, train, and deploy autonomous "agents" on the platform. These agents perform real-time, automated, and cost-effective data tasks across various industries such as transportation, supply chain, energy, and finance. Fetch.ai aims to reduce the barriers to entry for AI technologies, making them more accessible across sectors.
How to purchase FET on Ndax
- Sign up or create an account
Get instantly verified with Ndax's streamlined verification process. - Fund your account with Canadian dollars
You have the option to fund your account with fiat currencies using Interac e-transfer or Wire Transfer. - Invest in FET
FET is highly divisible, so you can buy small amounts to get started. Trade CAD to FET with as little as $1 and with low trading fees of 0.2%.
Storing your FET
After investing in Fetch, the next step is to store your Fetch in a secure cryptocurrency wallet. Depending on your own needs, investment amount and preferences, you can keep your Fetch on a trading platform, a physical hardware wallet or a software wallet.
You are free to transfer your Fetch to a private wallet from Ndax. However, if you decide to store your Fetch in your Ndax wallet, we have all the security measures in place to keep your Fetch safe and secure.
What can you do with FET?
- Pay for Goods and Services
Online stores, merchants, restaurants, and retail environments continue to adopt FET and other cryptocurrencies as a means of payment. - Invest and Trade
On our trading platform, FET can be traded directly with the Canadian dollar. You can also easily view and track your trading activity, performance, growth and profits. - Use as a Store of Value
Investors are using FET as a store of value.
Why buy FET on Ndax?
We take the fear out of trading:
Ndax’s security standards are among the highest in the Canadian FinTech industry.
Ndax holds the majority of digital assets offline in cold storage protected by multi-signature technology, provided by Ledger Vault, the global leader in security and infrastructure solutions for cryptocurrencies.
Hot wallets are protected by Multi-Party Computation (MPC) technology recognized by industry experts.
Grow your portfolio with Ndax’s recurring purchase feature
Set Fetch recurring purchases to automatically buy FET to CAD each day, week or month. Set regular purchases as low as $10.
- Fetch investing in the palm of your hand
Download the Ndax mobile app to fund your account and start trading on-the-go from any iOS or Android device.
Gain control of your FET investments with advanced trading options
The cryptocurrency market is volatile. Avoid missing out on trades by using Ndax’s unique trading options:
- Limit order: Buy or sell order executed at a specific price.
- Stop order: Order to buy or sell once a cryptocurrency reaches a specific price point.
- Trailing stop market order: Order that can be set at a specific dollar amount away from a cryptocurrency’s last price, bid or ask.
- Trailing stop limit order: Limit buy or sell order triggered once a cryptocurrency touches a trailing amount set by the user.
- Fill or kill (FOK) order: Trade that executes immediately and entirely at a certain price, but if it cannot fill the entire order immediately, it will be cancelled entirely.
- Immediate or cancel order (IOC): Trade that executes immediately and cancels any unfilled portions of the order.
- Reserve order (Iceberg Order): Large trade divided into multiple limit orders. The orders are split into visible and concealed amounts
Disclaimer: This article is not intended to provide investment, legal, accounting, tax or any other advice and should not be relied on in that or any other regard. The information contained herein is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of cryptocurrencies or otherwise.