In this guide you’ll get information about where to buy Burency, if you are planning to buy BUY token – You’re in the right place!
The Middle East is one of the regions that have high annual economic growth. Most companies have a branch or move their headquarters to Dubai or other big cities in the Arab peninsula. The same goes for cryptocurrency and blockchain technology. Burency is the first and leading exchange in the region and aims to bring technology to the masses.
Burency offers a seamless exchange experience for all of its users. Traders who buy Burency (BUY) tokens can get 25% off all transactions on the platform. Burency also works on multiple devices, so users can trade from any devices they have. The platform aims to be an exchange that is easy to use and understand and can help users better manage their assets.
- Official Site: https://burency.com/
- Twitter: https://twitter.com/BurencyOfficial
- Telegram: https://t.me/BurencyCommunity
Table of Contents
Burency (BUY) Features
- Burency Mining Farm: Burency continues to grow to be more than just an exchange platform. The latest addition to the Burency ecosystem is a mining farm. This module allows users to farm the blockchain in a sustainable way. Users also can double their yield when they stake their tokens and start mining in Burency.
- Transparent Transactions: The platform believes that transparency is important for blockchain technology. Therefore, users can see all of the fees that Burency charge them in every transaction. Users also can see the profit, loss, and ROI from the dashboard, and the change is in a near real-time update. For any dispute or problems, users can contact customer service that is ready 24 hours non-stop.
- Fully Insured: As an exchange platform, Burency welcomes all coins to be part of the ecosystem. However, each coin needs to do to submit complete paperwork and go through the vetting process. Burency adheres to all of the regulations to ensure that users are safe and only fully vetted tokens that are in the listing. Users will need to follow the KYC policies that the platform has. As an extra step for security, Burency uses a third-party cold wallet that will process the transactions and protect the digital assets from online hacks.
Where to Buy, Sell and Trade Burency aka BUY
You can basically use debit card, credit card, or even PayPal to buy the Burency (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the Burency as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy Tether first. After you get the ETH or BTC or USDT, you can convert it to Burency. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum (ETH), Bitcoin (BTC), or Tether (USDT)
- Find a crypto exchange that supports Burency currency and exchange your Ethereum / Bitcoin / Tether with the Burency
- Store your Burency to a secured wallet
That’s the first step in buying Burency, once you get your Bitcoin or Ethereum or Tether, you can continue to the next step.
Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH or USDT from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH or USDT with Burency:
Binance is the top-ranked cryptocurrency exchange in the market, and it’s the place to go to trade large volumes of digital assets. They established their operations back in 2017 in Malta, one of the few countries to openly embrace cryptocurrencies as a financial instrument. They currently average up to 1.2 billion dollars in trade right now. Binance.com is unable to provide services to U.S. citizens or residents.
- Deposit Methods: Bank transfer (ACH), Bank transfer, Cryptocurrency, Debit card, Wire transfer
- Fiat Currencies: USD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH, KZT & 5+ more
- Supported Cryptocurrencies: BTC, EOS, BCH, ETH, FET, XVG, TRX, NEBL, XRP, NEO & 345+ more
- Trading Pairs: 1189+
Bybit is a leading cryptocurrency exchange offering a secure and efficient trading platform for digital asset enthusiasts. Founded in 2018, it specializes in derivatives trading, including perpetual and futures contracts, with high leverage options. Known for its user-friendly interface, Bybit caters to both novice and professional traders. The platform provides advanced tools, including charting and risk management features, ensuring a seamless trading experience. Bybit also supports spot trading, staking, and passive income opportunities. With 24/7 customer support, robust security measures, and a reputation for reliability, Bybit has become a popular choice for crypto traders seeking innovation and transparency.
- Deposit Methods: Cryptocurrency, Credit/Debit card, Third-party payment services, Peer-to-Peer (P2P) trading
- Fiat Currencies: USD, EUR, GBP, JPY, and 60+ more
- Supported Cryptocurrencies: BTC, ETH, XRP, LTC, DOGE, and 300+ more
- Trading Pairs: 500+
MEXC is a global cryptocurrency exchange platform known for its user-friendly interface, extensive range of listed cryptocurrencies, and innovative features. Established in 2018, MEXC provides trading services such as spot, futures, and margin trading, catering to both beginners and advanced traders. The platform supports a wide variety of altcoins, often listing new and promising projects. MEXC is popular for its high liquidity, competitive trading fees, and robust security measures, including two-factor authentication and fund protection protocols. It also offers staking and earning opportunities through its launchpad and DeFi integration, making it a versatile choice for crypto enthusiasts worldwide.
- Deposit Methods: Bank transfer (ACH), Cryptocurrency, Debit card, Wire transfer
- Fiat Currencies: USD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH, KZT & more
- Supported Cryptocurrencies: BTC, EOS, BCH, ETH, FET, XVG, TRX, NEBL, XRP, NEO & over 2,700 others
- Trading Pairs: Over 3,000
IMPORTANT! Once you are registered to the crypto exchange above, Go back to COINBASE and send your Bitcoin/Ethereum/Tether to your new exchange. Find the BUY/BTC or BUY/ETH or BUY/USDT trading pair and then place the order to buy those pairing cryptocurrencies.
Most likely you’ll find this pair available to you BUY/USDT – so you need to convert your BTC or ETH to USDT first in order to buy Burency (BUY)
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your Burency (BUY) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Secure
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy Burency (BUY) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the Burency. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy Burency (BUY) with Cash?
You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.
Can I Buy Burency (BUY) with Skrill?
You can’t buy BUY directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to Burency. You can buy BTC/ETH with skrill by using these exchanges::
- LocalBitcoins
- Paxful
- Virwox
- SpectroCoin
- Lykke
- Exmo
- Coingate
Can I Buy Burency (BUY) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair BUY/BTC and begin the transactions.
Can I Buy Burency (BUY) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support BUY/ETH trading pair.
What Is the Best Payment Method to Buy Burency (BUY)?
The cheapest way is to use bank account to buy Bitcoin or Ethereum or Tether first or to buy the Burency right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect Burency (BUY)?
Once you have purchased the Burency, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell Burency (BUY)?
Find a crypto exchange which allow pairing BUY with BTC or ETH or USDT – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine Burency (BUY) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a Burency is to buy it from a reliable exchange.
Conclusion
Traders who buy Burency (BUY) tokens are not only come from the Middle East region. The platform shows promising signs to be an exchange that protects users’ security and keeps the transactions transparent at the same time. Burency welcomes all coins to be part of the listing exchange. However, the coin needs to go through a thorough vetting process and governance voting to ensure that the coin can be covered by insurance. Users also can start mining in Burency and double their assets from the yield.
