Ankr went on a 20x run in Q1 2021 ($0.01 to $0.21) and is still up 700% overall well into 2022, currently ranging around $0.08 – $0.10. Ankr investors are optimistic it’ll go on another bull run and retest its highs.
Our beginner’s guide on where and how to buy Ankr will help you get started if you’re yet to invest in Ankr. We’ll also cover what Ankr is exactly as it’s still relatively unknown, ranked #111th on Coinmarketcap.
How to Buy Ankr (ANKR) – Quick Steps
Here are the steps to buy cryptocurrency on regulated platform which supports Ankr crypto.
- Step 1: Open an account on the website of your chosen platform. You’ll need to enter some basic information, confirm your email address and verify your identity by submitting a copy of your photo ID.
- Step 2: Deposit Funds. Choose a payment method – debit card, Paypal, or Skrill and deposit your money instantly.
- Step 3: Search for Ankr or the ticker ‘ANKR’ in the search bar at the top of the platforms interface. Click ‘Trade’.
- Step 4: Buy Ankr. Choose the amount of ANKR you want to buy, set limit orders if you want to try for a lower Ankr price, and confirm your trade by clicking ‘Open Trade’.
Where to Buy Ankr – Best Platforms
Traders can easily buy Ankr online by following the step-by-step guide above. For added guidance, we have reviewed everything you need to know about investing in Ankr in our comprehensive guide further down. We’ll also review some of the best crypto exchanges to invest in Ankr in depth.
1. Crypto.com – Trade Ankr on Leverage
Crypto.com listed Ankr in October 2020, and offers an ANKR / USDT spot trading pair and a perpetual futures pair to trade Ankr on leverage.
Crypto.com is popular as it gives you the ability to earn interest on cryptos, including Bitcoin (6% interest) and stablecoins (up to 14%), however currently earning interest on Ankr isn’t supported.
Another popular feature though is its metal prepaid VISA card which you can use to spend your crypto at retailers. See our review of the Crypto.com VISA card.
Crypto.com also offers a DeFi wallet, decentralized exchange, and credit card / crypto loans. You can take out a loan using your crypto holdings as collateral.
There’s also a Crypto.com NFT marketplace, offering a simple secure place to buy NFTs from as little as $1 at auction.
The minimum deposit is $10 at Crypto.com. If you buy Ankr with a credit card, the platform will take 2.99% of the amount you deposit. ACH bank deposits come with no fees so we recommend those.
Cryptoassets are a highly volatile unregulated investment product.
2. Coinbase – User-Friendly Platform but High Fees to Buy Ankr
Coinbase is a well-known crypto platform with over 70 million verified users around the globe.
It has successfully grown its presence in multiple countries. Traders in many regions can now easily buy Ankr on Coinbase. You can create an account with Coinbase and confirm your identity by providing some basic personal details.
You will need to submit a copy of your passport/driver’s license. Once you deposit funds after this process, you are all set to buy Ankr online with a MasterCard or Visa on Coinbase.
Although the platform processes your purchase instantly, it charges 3.99% as a deposit transaction fee. Alternatively, you can deposit funds on the platform by using your bank account. This deposit is free of cost. However, you will still need to pay a 1.49% trading commission when you buy Ankr on Coinbase.
If you opt for Coinbase to invest in Ankr, it will also offer you the scope of investing in 100+ crypto assets. The range has popular coins like Ethereum Classic, Litecoin, Shiba Inu, Bitcoin, Decentraland, Cardano, etc. The minimum investment at Coinbase is $2. This is another reason why this platform has been chosen by many investors.
It makes investment convenient for new investors also. Coinbase is known for its strong security mechanism. It offers users web accessibility and a mobile app that is compatible with both Android and iOS devices. You can easily connect the app to your main Coinbase account.
Cryptoassets are a highly volatile unregulated investment product.
3. Binance – Large Crypto Exchange to Buy Ankr
Binance is another popular exchange to trade crypto assets. The platform also allowed 
investors to buy crypto online instantly by using a debit/credit card at just 1.8%. Binance was forced to use a third-party payment gateway post-FCA’s investigation, making card payments an expensive affair, so we recommend buying crypto elsewhere but using Binance to day trade.
Binance is a good option if you deposit funds with crypto, which is completely free. If you swap crypto like Bitcoin, BNB, or Tether for Ankr, you pay a commission of 0.10% only.
Crypto.com and Coinbase, Binance also has crypto staking options, and Ankr is now supported. By using this feature, you can earn interest on your crypto holdings. At the time of writing, the exchange pays an APY of 0.70% on Ankr, which is small yet ensures some earning. The earning is offered via a flexible savings account, allowing you to withdraw your tokens at any hour.
Users who choose Binance to invest in Ankr online also benefit from the extensive array of trading tools and features that the platform offers. These include technical indicators and advanced order types. In the US, it operates by partnering with Binance.US.
Cryptoassets are a highly volatile unregulated investment product.
What is Ankr?
Ankr is both a crypto platform and a cryptocurrency that was launched in the crypto market in 2017. Its co-founders are Chandler Song and Ryan Fang. The Ankr platform spread globally and seeks to democratize the internet by working on a next-generation decentralized internet.
Ankr uses the blockchain to offer solutions to cloud computing. It simplifies earning for users in the crypto ecosystem. Ankr’s main objective is to create a user-friendly tool that would help both organizations and individuals. The platform allows users to install blockchain nodes easily from the centralized cloud providers.
The Ankr Network facilities efficient decentralizing of public blockchains. Users can monetize by using the smart contracts of the Ankr management system. When users want to pay for cloud computing resources, they make use of Ankr.
Is Ankr a Good Investment?
Before you move ahead with your Ankr purchase (or any investment for that matter), it is important to ask and analyze if the same is a good investment.
Ankr platform’s services help in cross-chain development access. It is a known and initial contributor to web 3.0. It thereby carries out precise and trusted communication and integration for users. Ankr offers one-click node deployment and API services, giving access to over 40 major blockchains.
Its computing power is supported by distributed ledger technology, which minimizes the cost while collecting data. Ankr’s DeFi platform can be used by developers and stakers to create and circulate dapps and stakes easily. It is an ERC-20 token of Ankr. Ankr token runs on the Ethereum blockchain, and Ankr can be purchased using ETH, which is used as a payment method for platform services.
While deciding to invest in cryptocurrency, you should consider your financial goals, risk appetite, and the crypto project’s future prospects.
We have analyzed Ankr at length so that you can take an informed decision before investing in this speculative crypto asset.
Ankr Market Trends
Ankr token has made it to the top crypto exchanges and has emerged as a potential crypto for investment among crypto enthusiasts. You can use Ankr tokens for staking, paying for services across the Ankr network, and voting on the proposals. Ankr’s limited supply stands at 10 Billion Ankr.
Since the movement of its price is influenced by the trading volume along with various other factors, its limited supply is an advantage. The total circulation supply of the crypto is 10,000,000,000 Ankr right now. The limited supply is an anti-inflation mechanism and has investment potential in the longer run.
Ankr Price
The price of Ankr is currently ranging around $0.08 – $0.10 USD and its average price level makes it a cheaper crypto asset, especially for beginners. The crypto’s all-time low was $0.00071 and the token rose to an all-time high of around $0.21.
Traders who have invested in this crypto early have gained a 700% return even if they didn’t sell the top (if they were lucky enough to they may have made upwards of 2000%).
When the value of Ankr faced a sell-off in September 2021, its price fell from $0.125 to $0.084.
This resulted in a lower high being printed and arguably the market structure turned bearish in the short-term after that, although that was partly due to Bitcoin correcting from $69,000 to $33,000 beginning late 2021.
Ankr Price Prediction
Now that Bitcoin has now recovered to above $45,000, many altcoins have begun to pump in mid 2022. Ankr is also holding its value well, printing a higher low. It didn’t move below the lows of $0.047 set in 2021.
The Ankr price rose 30% in April 2022 alone, from $0.072 to $0.098. That strong buying volume suggests it may have found a bottom. So it could still have the potential to move up and retest its highs.
If it does, the impulse move to the upside could result in price discovery and a new ATH closer to $0.3 – the longer the sideways trading range and accumulation, the more explosive the breakout. Ankr has been trading sideways for over a year.
Ways of Buying Ankr
If you want to invest in Ankr online right now, simply decide the most suitable payment method that suits your requirements. To make the process easier for you, we have reviewed multiple payment options below-
Buy Ankr With Credit Card or Debit Card
You can use your debit or credit card to add funds to your wallet on a range of cryptotrading platforms. After you successfully choose your preferred investment amount (it can be as loas as a nminimum $10), you can purchase Ankr and it will be processed instantly. Your purchased tokens will be added to your portfolio and will reflect in real-time.
Note the fees levied on your crypto purchase when you invest in Ankr online with a MasterCard or Visa.
Buy Ankr With Paypal
Investors can also buy Ankr with Paypal.
While using Paypal, you are not required to enter your card details into the broker’s website. Since you will have your Visa or MasterCard linked to Paypal already, all you need to do is log in to your trading account and make the purchase.
Using Paypal to buy Ankr online via Coinbase will have a charge of 3.99%.
Choosing an Ankr Wallet
Like other digital assets, Ankr is also stored in a crypto wallet. If you have any of the top crypto wallets, it will seamlessly allow you to send and receive funds without any worry.
If you are looking for the best Ankr wallets, then our suggestions would be the available mobile apps. These are quite suitable for beginners too. Simply go to your play store or Apple store and download the app on your mobile phone. Select a PIN and write down your backup passphrase. You can then transfer your Ankr tokens.
The Right Time to Buy Ankr
Seasoned investors are always looking for the right time to leverage crypto investments. They consider buying Ankr when the crypto asset is witnessing a market correction. It implies that Ankr has dropped in value since the recent highs. You must understand that it is not an easy task to time the markets in the crypto ecosystem.
Cryptocurrencies including Ankr function in a highly unpredictable market and the entire value fluctuation is driven by speculation. Many suggest that rather than timing the market accurately, it is always a good idea to dollar-cost average Ankr purchases for better returns. What this means is simply to invest uniform amounts consistently on Ankr.
For instance, if you $50 each month, then rather than timing your market entry to buy Ankr, your entry price would be in sync with the larger investment industry.
Conclusion
In this guide we covered how to buy Ankr online using the top-rated crypto platforms. The process is simple and takes just a few minutes. The deposits are instantly-processed when you use methods like debit/credit cards.