How to safely buy Moonbeam (GLMR)

We have already seen how to buy GLMR with Binance, but there are also other places to get this token. In case you already have an account or prefer to use another platform, this list can be of great help. To find out where you can buy GLMR, it’s as simple as going to coinmarketcap or coingecko. Here, search for the cryptocurrency, in this case GLMR. And once there, click on markets. 

Thus, you can see the entire list of platforms where it is available in real time.  In order not to waste your time, you can see the main platforms in the image below. 

Unfortunately, this option does not currently exist. Since there is no exchange or platform to buy and sell cryptocurrency that allows deposit with PayPal. 

The only platform we have been able to find is eToro, but it does not have GLMR listed yet. So we will have to wait until it is on this platform to be able to buy using PayPal. 

Although keep in mind that eToro does not allow withdrawals or deposits of cryptocurrencies. Since really when you buy, you are buying an etf that tracks the price of the cryptocurrency, but you do not really have the cryptocurrency to withdraw it as happens on other platforms such as Binance. 

In order to sell Moonbeam (GLMR), you will see that it is not complicated at all. You will only have to do the same steps you already did when buying, but with the difference of going to the red sell button.

We will look for the GLMR/USDT pair, and click on it once you find it. We go to the center, underneath and look at the red sell part. We indicate to the market on the top right, the amount you want to sell and exchange for USDT. Click on sell and it will be ready. We will have the GLMR sold and we will have USDT again.

To withdraw Moonbeam your wallet, you can see the following steps:

• Go to wallet and spot wallet. 
• We will search for GLMR and once you find it, click on withdraw.
• Now you will see the Binance withdrawal panel
• Open your wallet and we will copy the address. Usually metamask is used and is compatible with this network.
• Indicate the correct network where to send the tokens. In this case, the Moonbeam network.
• Enter the amount and check all the information.
• With everything correct, click on withdraw and confirm with the confirmation codes.
• Your GLMR will be on its way to your wallet.

In case you still have any doubts, you can visit this more detailed guide on how to withdraw funds from Binance. 

In case you want to withdraw your funds to another platform, for example from Binance to KuCoin, the process is the same as we have seen in the wallet, with one difference.

In the step of opening the wallet to copy the address, in this case we will have to open the platform where we want to send the tokens. Here, click on deposit, and select GLMR. Select the network you want to use to send the cryptocurrency, the most common is to use the Moonbeam network and you will see the address to copy.

With the copied address, go back to Binance and paste it. Indicate the same network as in the other platform. The other steps are the same as we have seen when withdrawing to your wallet.

In case you still have doubts, you can visit this more detailed guide on how to withdraw funds on Binance.

If you want to have your GLMRs in the most secure way possible, the best thing to do is to have them in a hardware wallet. In my case I used Ledger, and you can buy it here.

Ledger is the most used hardware wallet in the world and it will give you full control of your funds. It avoids the risk that they can hack the platform where you have your tokens, or even hack your computer and have access to your wallet. With a hardware wallet, without the physical object they will not be able to move your funds.