The combination of Artificial Intelligence and cryptocurrencies has the potential to solve many of our world’s problems. AI-driven crypto trading insights, global crypto payments, and smart supply chain management are just a few examples. If you also want to profit from the AI-crypto trend, now is the best time to join the future by investing in AI-driven crypto assets. Here’s everything you need to know.
Many projects out there involve building AI-driven decentralized solutions by combining the features of AI with crypto/blockchain. Not only are these projects and AI tokens benefiting society through their innovative solutions, but they are also fetching handsome profits for their investors and creators.
Whether you believe in modern technology and its potential to disrupt the world or are just looking to profit from the latest trends, do not miss this opportunity to invest in Artificial Intelligence (AI) Cryptocurrencies.
Before we proceed to discuss ways to invest in AI cryptocurrencies, let’s start with the basics.
AI cryptocurrencies are crypto tokens that combine the deep learning and thinking abilities of artificial intelligence with the decentralization (security and transparency) features of blockchain to create disruptive solutions and products.
Fetch.ai, AI Tech, FAKEAI, and AGIX are some innovative AI crypto projects ready to take on the world.
The two most common ways to invest in AI crypto are centralized exchanges and decentralized exchanges. In this article, we will talk about these two types of crypto exchanges and how to use them to buy high-potential AI crypto tokens.
Centralized exchanges (CEX) are platforms that are controlled and managed by centralized entities. They have owners with teams to manage the platforms and provide support to users. Centralized crypto exchanges are usually more efficient and reliable.
The top centralized exchanges where you can trade AI crypto tokens include Binance, Coinbase, Bybit, OKX, and HTX.
Follow This Simple Process To Buy AI Tokens via a CEX:
1. Find a good CEX with a positive market reputation, high security, and low cost.
2. Register with the exchange and complete the required steps including KYC/AML.
3. Add funds to your exchange wallet. Most centralized crypto exchanges accept Fiat currencies and payment by credit cards.
4. Choose the AI token you want to buy. There are many options (some mentioned above). Do your research before investing in a token. Once you have selected an AI cryptocurrency, search for it on the exchange.
5. Buy AI tokens: On the token buy page, enter the amount you want to invest. It will reflect the number of tokens you’ll get. Check the fees and proceed to payment. Once the payment is successful, the token should be added to your wallet within a few minutes.
Many crypto investors prefer DEX over CEX, which can be less secure and prone to hacking. Decentralized exchanges are managed via smart contracts without centralized entities or middlemen.
This also means you have to pay a lower fee per transaction.
1. Find a reliable and top-rated DEX such as Pancakeswap or Uniswap. DYOR. Make sure that the DEX you choose has low fees, high security, and supports the AI tokens you want to trade.
2. Connect your wallet: A DEX works differently than a CEX. Here, you have to connect a compatible crypto wallet to buy tokens. Some examples of crypto wallets include MetaMask and Trust Wallet. If you don’t already have a wallet account, create one before you proceed.
3. Load your wallet: Add funds to your crypto wallet. You can use Bitcoin, USDT, or any other supported cryptocurrency. No fiat allowed.
4. On the exchange, connect your wallet and select the AI token you want to buy. If you can’t find the token by its name, use its contract address.
5. Now, select the payment token and the number of AI tokens you want to buy. Check the fees and Click Swap to proceed. The DEX will execute the transaction and your purchased tokens will be instantly credited to your connected wallet.
Both AI and blockchain are futuristic technologies, which when combined can help create wonderful solutions for the benefit of the world. AI crypto tokens are the easiest way to invest in the future of AI and blockchain.