“Crypto is the money of the future” – unless you’ve been living under a rock, chances are you’ve heard about crypto and maybe even bought some coins before.
But even if you haven’t and want to buy Torum (XTM) as your first crypto coin, this guide is just for you.
On most exchange platforms, you can buy the three most popular cryptocurrencies – Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) directly using your credit card, PayPal, or even cash.
But if you want to buy an altcoin like Torum (XTM) and most other cryptocurrencies, you’ll have to convert your fiat (fancy name for regular money like the USD, GBP, or EUR) to Bitcoin or Ethereum first, then trade it for Torum (XTM) on a crypto exchange.
In the rest of this guide, we show you exactly how to buy Torum (XTM), the best platforms to buy it, and how to securely store your coin, in a number of easy steps even a total crypto newbie can follow.
Let’s take a dip!
Where To Buy Torum (XTM) – A Step-by-Step Buying Guide
Below you will find most recommended crypto exchanges we tested.
Card, Bank Transfer, Paypal, C2C, Apple Pay, Google Pay
Card, Bank Transfer, 3rd-party wallet, P2P
Card, Apple Pay, Google Pay, P2P, Third-party
Card, Cash, Bank Transfer, Third-party
EUR, USD, GBP
12+ Fiat Currencies including USD, EUR, GBP
40 Fiat Currencies including USD, EUR, GBP, AED, CAD
USD and EUR
150+ Coins Listed
500+ Coins Listed
600+ Coins Listed
120+ Coins Listed
● Very Secure
● Several deposit methods
● Most Versatile
● Versatile crypto list
● Low fees
● Supports many fiats
● Very easy to set up
Ok, now let’s jump to our guides…
How to Buy Torum (XTM) on Coinbase (Great for Newbies!)
Coinbase is the best crypto exchange platform for newbies. It features a very user-friendly interface and supports just a few types of transactions so that you don’t get confused with too much going on. As a U.S company, Coinbase is well known and trusted by U.S regulators, making it one of the most secure exchanges in the world.
Its closest competitor, Binance, is only available in a very limited version (Binance US.) to U.S customers.
Sign up at Coinbase.com today and earn up to $13 worth of crypto for free!
To sign up on Coinbase, input your email address at the top and click the “Get Started” button.
Head to the bottom of the home page and click the “Start earning” button.
Type in your first and last names, and your email, and choose a strong password (Combine uppercase and lowercase letters with a number or special characters) that you can remember easily.
Your names and address should exactly match those on your ID (passport, driver’s license, or national ID card) so that you can verify your identity seamlessly.
Check the “User Agreement and Age Certification” box and click “Create Account”.
You will receive a verification email shortly. Simply click the “Verify Email Address” icon to confirm your email.
You’re now ready to buy and invest in crypto, conveniently.
Set Up 2FA and Your Payment Method
After you verify your email, you’ll be taken to a page to set up two-factor authentication (2FA) and your payment method.
By enabling 2FA, Coinbase uses your phone number as an extra layer of security on top of your email, and will only grant access to your account if you can provide codes sent to your email and phone number.
This keeps your account doubly secure but you can disable 2FA manually in the settings.
The next step is to set up your payment method.
Coinbase provides several payment options but we’ll focus on the most popular two – using your card and using your bank account.
In general, use your card for small to mid-sized transactions (maximum of $7,500 per week) and for larger transfers, you can use a bank account transfer ($25,000 per week and above for wire transfers).
Put in your card number, the expiry date in the month/year format (MM/YY), the three-digit CVC/CVV number behind your card, and your postal code.
Make sure that the name card name you input matches the name printed on the card, even if it’s slightly different from your Coinbase account name.
Click “Add Card”.
Skip the next prompts so that you land on your account dashboard.
It should look like this:
Verify Your Identity
Before you start buying crypto on Coinbase, you’ll have to verify your identity. You may be a bit skeptical but you’re in great hands! Coinbase is trusted by over 89 million verified users. This ensures that you are trading with real people and is why the platform is so secure.
Buy a Stablecoin – BTC, ETH, or USDT
After Coinbase has verified your identity, you will now be able to buy and sell crypto. Coinbase allows you to buy over 100 coins including Torum (XTM) directly with your card.
To buy Torum (XTM), click “Buy”.
Click the “Buy” box and search for Torum (XTM). If it is listed then voila! You can buy it directly.
If it’s not, there’s no problem. Select BTC or ETH, and type in how much you want to buy. Chances are you won’t be buying up to 1 BTC, so you should choose your budget in your currency instead and let Coinbase calculate how much you can buy.
Toggle the double-arrow icon at the top right to your currency and type in your purchase amount.
It should look like this:
Click “Preview Buy” after typing in how much you want to spend to see how much BTC or Torum (XTM) will be loaded into your Coinbase wallet.
Click “Buy Now” and you should have your crypto in your wallet!
Send Your BTC to A Dedicated Altcoin Exchange Platform (Binance)
Binance is the best altcoin exchange platform in the crypto ecosystem.
There are over 500 cryptocurrencies listed on Binance including the most popular coins like BTC, ETH, USDT, and its own coins like BNB, with new ones listed frequently.
If you can’t find Torum (XTM) on any other platform, you’ll find it on Binance.
You have two options to buy Torum (XTM) on Binance:
You can trade your stablecoin sent from another platform like Coinbase for Torum (XTM).
Or you can buy Torum (XTM) directly on Binance using your card or bank transfer.
Whichever method you choose, you will have to set up an account on Binance.
Create Your Binance Account
Step 1: Go to Binance.com
Binance’s homepage and signup process are very similar to Coinbase.
Follow the same steps and set up your account.
Step 2: Choose your country
Step 3: Fill in your account details and choose a secure password you can remember easily.
Choose whether you want to receive updates or not. Click “Next”.
Step 4: Verify Your Email
Check your inbox and type in the verification code sent to you.
Click “Submit” and head to your phone number verification.
Step 5: Verify your phone number for 2FA
Type in your phone number and verify it by typing in the SMS code sent to you.
Step 6: Verify your identity
You can verify your identity on Binance using a valid ID including – International Passport, Driving License, ID Card, BVN, etc.
After this step, you may be asked to do a facial verification by blinking into the camera or shaking your head.
It’s best to download the Binance App on your mobile phone (Google Play Store for Andriod Phones; App Store for iPhones or iPads).
Sign in to your account and perform this step. Don’t worry it takes just a few head shakes! Your account will be under review until it is verified.
Once your account is verified, you will have more and higher transaction limits. But depending on your region, you may not need to verify your identity before you can use Binance.
You will also receive a prompt to enable two-factor authentication (2FA) on your account. Like Coinbase, this combines phone number and email verification, in addition to “Binance/Google Authenticator” and a “Security Key”.
For now, you can use just your phone number and email to activate 2FA and proceed to the next step.
Your Binance Dashboard
Once you are verified and have enabled 2FA, your dashboard should look like this:
Send BTC to Your Binance Account (From Coinbase)
To fund your Binance account with the stablecoin you bought on Coinbase, you’ll have to retrieve your unique Spot wallet address on Binance. Hold the cursor over “Wallet” at the top menu bar and click “Fiat and Spot”
There are different types of wallets on Binance – Margin, Funding, Fiat and Spot, etc.
But for this guide, we are focusing on the Spot wallet. The Spot wallet on Binance is a type of wallet that allows you to send and receive crypto from other exchange platforms (like Coinbase).
Search for the stablecoin you bought on Coinbase – if it’s BTC you bought, type in “BTC”, if it was ETH, type in “ETH”, and if it was USDT, type in “USDT” in the search box.
Assuming you bought BTC, type in “btc” and click “Deposit” under Action on the right side of the search results.
Next, choose the blockchain network to host the wallet. The network should be the same as the coin you want to deposit. So we choose Bitcoin as the network here under “Deposit To”:
If you have never deposited that coin into your account, you will be prompted to generate an address. Click “Get Address”. Your page should now look like this:
Now, it may look like too much is going on but there’s nothing to worry about! Your unique wallet address is like a bank account number you’ll use to send BTC from your Coinbase account to your Binance – it’s that simple!
Your wallet address is the alphabet and number jargon under “Address”. To copy it, simply click the copy icon to the right of the wallet address that looks like two papers stacked together. Like so:
You’ll see a checkmark with a “copied” prompt to show that you now have your Binance address copied to your clipboard.
Head Back to Coinbase and Send BTC
Skedaddle back to your Coinbase and click “Send/Receive” at the top menu.
Paste your Binance wallet address using (Ctrl + V) and choose “Bitcoin” or any other stable coin you bought under “Pay with”. The coin you’re sending from Coinbase should match with the wallet coin and network on Binance.
Take note that some malware online can alter the address you just copied and if you send it, you’ll be sending money to someone else and it’s irreversible. So double-check to make sure that the addresses in Coinbase and on Binance match.
Choose how much BTC-worth in your currency you want to send or how many BTC you want to send using the double arrow icon and click “Continue”.
Once you’re done, you will get an email to confirm your transaction. Click on the link embedded in the email and you’ll get another notification that the coins are on the way!
The transaction can take anywhere from a few minutes to a few hours depending on the traffic on the blockchain, so just sit back and relax. You will get a confirmation from Binance that your BTC has arrived.
And now, it’s time to buy and store Torum (XTM).
Buy Torum (XTM) With Your BTC
To trade your BTC for Torum (XTM), you’ll have to buy the Torum (XTM)/BTC pair – another way of saying selling your BTC for Torum (XTM) in trader’s lingo.
Head back to your Binance dashboard and click “Markets” at the top left.
Click “Spot Markets” to allow you to buy Torum (XTM) directly from the Binance marketplace. Type in Torum (XTM) in the search box and click “BTC” or whatever coin you sent to your Binance. If it was USDT, click “USDT”, etc.
Click on the Torum (XTM)/BTC pair:
You’ll be taken to the live trading page showing the price of Torum (XTM) in BTC, USDT, ETH, or whatever stablecoin you sent from Coinbase.
Now, it looks like there’s just so much going on with numbers flickering at every part of the screen. Take a deep breath!
And scroll to the bottom of the screen. There’s no need to concern yourself with the rest of the page as they just show the market activity on the Torum (XTM)/BTC pair.
Click “Market” under “Spot”. A market execution means you are buying Torum (XTM) at the current price, right away. A limit execution configures your account to buy Torum (XTM) once it hits a set future price. Choose “Market” and type in how much Torum (XTM) you want to trade your BTC for.
Note that the maximum amount of BTC you can trade is the amount in your wallet labeled as “Avbl”
Type in how much you want, either in BTC or the amount of Torum (XTM) you want to buy. Click “Buy Torum (XTM)”. And you’re all set!
You now have Torum (XTM) in your spot wallet.
How to Buy Torum (XTM) On Binance Directly (Best for Binance Users)
If you are a fan of the Binance platform and don’t want to go through Coinbase, you can buy Torum (XTM) directly on Binance in three ways:
- First, deposit funds into your Fiat wallet and then convert it to Torum (XTM) in Markets.
- Second, buying Torum (XTM) from your Binance wallet (like we described above)
- The third and fastest option is buying Torum (XTM) directly with your credit or debit card (yes, you can!)
In the section, we are going to see how to buy Torum (XTM) directly using a card.
Select your native fiat currency (to match your card) and select Torum (XTM) from the list of available coins to buy. Type in how much you want to convert to Torum (XTM) and click “Continue”
Click “Add New Card” if you’ve not already added one and fill in your card details.
Note that you are allowed to use only your card to buy Torum (XTM) on Binance – the card details must match with your Binance account name.
Next, enter your billing address and click “Confirm”
From there, you will be directed to your bank’s OTP transaction page to verify the transaction. Input the one-time password (OTP) sent to your phone or email to complete the transaction. You should receive a notification in a few minutes that you now have Torum (XTM) in your wallet.
You can then head to your Binance dashboard and click “Overview” under “Wallet” to see your new Torum (XTM) balance:
Note that Binance only processes Mastercards and Visa cards for direct crypto purchases. And depending on your country, your bank may decline the transaction request.
Buy Torum (XTM) With Fiat on Binance
Another way to buy Torum (XTM) on Binance is through a fiat wallet funded via card or bank transfer using a SWIFT code.
To deposit funds into your Binance fiat wallet, go to “Wallet” and click “Fiat and Spot”. Search for your local fiat currency and click “Deposit”.
Depending on your country or region, Binance will then recommend the best way to fund your corresponding fiat wallet.
Just like with card payment, you can only use your bank account to find your fiat wallet – the names on your Binance account and bank account must match.
Accept the Terms of Agreement and click “Start”
Binance will then generate the e-bank details to transfer to from your bank account. Once the transaction is processed, you will receive a notification of the deposited funds in your fiat wallet.
How to Convert Your Fiat to Torum (XTM)
If you have to buy fiat first, you’ll need to convert your fiat to Torum (XTM). To do this, go to “Fiat and Spot”. Search for your just-purchased fiat currency and click “Convert”.
Choose Torum (XTM) as the destination cryptocurrency and choose how much of your fiat you want to convert:
Your fiat will be converted to Torum (XTM) instantly!
Other Great Crypto Exchange Platforms Where You Can Get Torum (XTM)
While Coinbase and Binance are the two most popular crypto exchanges, Kucoin and Kraken are other excellent options you can consider.
Kucoin boasts of its vast collection of over 600 cryptocurrencies listed while Kraken is great for its lower fees.
Let’s see how you can buy Torum (XTM) on Kucoin and Kraken.
How to Buy Torum (XTM) on Kucoin (And over 600 of them!)
Kucoin has an easy-to-use interface and you should have no problems setting up your account.
Create Your Account
Head to Kucoin.com. Click “Sign Up”
Choose between “Email” or “Phone Number” sign up and fill in your details:
Fill in the verification code sent to your phone number or email before 1 minute passes. We recommend typing in a password first before clicking “Send Code” so you are not under any pressure.
Your dashboard should look like this:
Now, to buy Torum (XTM) on Kucoin, you’ll first have to buy a stablecoin like BTC, ETH, or USDT and then trade them for Torum (XTM). Unlike Binance and Coinbase, Kucoin only supports 9 main coins that you can buy directly before converting them to an altcoin like Torum (XTM).
To buy your first crypto on Kucoin, go to “Buy Crypto” and click on “Fast Trade”
Next, choose the local fiat currency you want to spend, and select the coin you want to buy. Then choose a payment method. Depending on your country or region (based on your fiat currency), Kucoin offers way more payment options than most crypto exchange platforms.
Choose one and click “Buy”.
You will be asked to do the KYC verification – before you can buy or trade crypto on Kucoin, you have to verify your identity. Click “Go to Verify” and follow the steps and provide the required information and documents.
Fill in the details including the unique number on the ID you choose (ID card, passport, Driver’s License), and click “Submit”.
Proceed to the next step where you will be asked to provide photos of the front and back of your ID document plus a selfie of yourself holding a sheet of paper with a specified code and the date.
Once you’re verified on Kucoin, you will be redirected to the “Fast Buy” page.
Select your currency and the coin you want to buy. Then type in either how much you want to spend (in your fiat) or how many coins you want to buy, and then choose your payment.
If you want to buy Torum (XTM) and it’s not listed by default, to save yourself the stress, we recommend buying USDT or BTC which we will later convert to Torum (XTM).
For many coins on Kucoin, you will have to buy them using USDT so it’s better to do just that right away.
For example, if you want to buy 100 USD worth of Tether (USDT) with your card, this is how your screen should look like:
Click “Buy USDT”
You’ll then be prompted to fill in your card information:
Then your card billing address:
You will then receive a message saying you have successfully added the card.
Click “Buy Now” and you’ll see the card purchase option as well as several other third-party payment options depending on your country:
You will then be taken to your bank’s OTP transaction page. Follow the instructions and if it’s successful, you’ll receive a prompt with a receipt.
You can check the details to see more information on your purchase.
You have bought your first crypto on Kucoin! The next step and the easy part, is to convert your USDT to Torum (XTM).
Go to your dashboard, then hover over the wallet icon and click “Trading account”.
You’ll see your available USDT balance and can buy over 600 coins with your USDT. Now to buy Torum (XTM) with USDT, we are going to buy the Torum (XTM)/USDT pair – the same thing as selling USDT for Torum (XTM).
Type in the coin you want to buy in the search box, click on “Trade” under operations, and select the ‘Torum (XTM)/USDT’ pair. E.g: If I wanted to buy BNB, I’ll search for “BNB” and click on BNB/USDT.
You’ll be taken to the live market page for the Torum (XTM)/USDT pair. Looks familiar? Sure does!
To make life easy for you, just head to the bottom right of the page and select “Market” under “Spot”. You may be asked to set a trading password for your security.
Click on the ‘set trading password’ and follow the instructions to choose a password.
Once you’re done, you’ll have to manually return to the trading page (a little annoying we know. Sorry!)
Now, enter your newly set trading password
There’s no way you’ve forgotten it!
And voila, you can now buy Torum (XTM). Once again, click “Market” under “Spot”.
Enter the amount of USDT you want to trade for Torum (XTM) and click “Buy Torum (XTM)”
Your Torum (XTM) is now in your wallet. To check it, click on “Asset Overview”
You’ll be taken to the ‘Wallets’ page where you can view all your balances.
How To Buy Torum (XTM) on Kraken (At the lowest fees)
Kraken is another altcoin-friendly crypto exchange platform that boasts of very low fees and you can start trading with as little as $10.
To create an account go to Kraken.com.
Click “Create account” link in the navigation.
Follow the same steps, fill in your details, your country of residence, choose a password, etc.
Click “Create Account” button.
Check your email and click “Activate account” directly or type in the verification code sent to you.
Your dashboard should now look like this:
To start buying crypto on Kraken, you’ll need to verify your identity first.
Click on “Get Verified”.
Fill in your verification details:
Make sure that your names and date of birth match those on your ID (Passport, ID, or Driver’s License)
Select your occupation, then the ID type you’ll be providing. Upload a clear photo of your ID.
Next upload a document that proves your residence – a utility bill, a bank statement, a credit card statement, or a proof of residency certificate.
Your account should be verified in just a few minutes but it may take a little longer.
Now, you’re ready to buy your first crypto with your Kraken Intermediate Account.
You can buy crypto directly on Kraken using your debit card.
Click on “Buy”.
Then search for Torum (XTM) and click on it.
You will then be prompted to add your card details
Follow the steps and fill in your card details. Then select how much you want to buy and click “Review”
You will then be redirected to the coin calculator page showing how much Torum (XTM) will be credited to your wallet.
You will be redirected to your bank’s OTP page. Follow the instructions and complete the transaction.
Buy Torum (XTM) on Kraken With Bank Transfer
If the card method doesn’t work, another way to buy crypto is by first funding your wallet with fiat and then trading it for Torum (XTM).
On your dashboard, click funding.
Kraken’s funding page is very easy to use. You can deposit fiat into your wallets via bank transfer or generate a deposit address for a number of assets including BTC, ETH, ADA, and USDT… to transfer from another wallet.
We will focus on using bank transfers for fiat deposits.
Choose your currency, and to the right, click the arrow pointing down (↓) to view the deposit account.
Type in a deposit amount and Kraken will automatically generate the best method for funding.
You can make a direct bank transfer or wire transfer to the generated account details and will be notified once your wallet is funded with fiat.
Once that’s done, you can now trade your fiat for Torum (XTM) directly.
On your dashboard, go to “Trade”.
Click on “Market” and then choose the fiat currency you deposited from the top bar, then click “Trade” at the right of the Torum (XTM)/USD pair if it was USD you deposited into your wallet. If it was EUR, you choose “EUR” then scroll down to the Torum (XTM)/EUR pair and click “Trade” next to it.
Next, click “Buy”. Then type in the volume of Torum (XTM) you want to buy.
Select the “Order type” as “Market” and the calculator will automatically show how much of your fiat you’ll be trading. Next, check “Skip order confirmations”
Click “Buy Torum (XTM) with USD” and voila! The work is done.
How to Store Your Torum (XTM) Securely
You can choose to leave your Torum (XTM) in your Binance, Kucoin, or Kraken wallet, store it in a dedicated wallet, or even better, in a hardware wallet (recommended).
Virtual wallets on crypto exchange platforms like Binance and Coinbase, and dedicated crypto wallet platforms like MyEtherWallet and TrustWallet are called hot wallets because they are always online.
Hardware wallets or cold wallets, on the other hand, are physical devices that resemble flash drives used to store crypto offline.
If you are buying crypto in small volumes (under $500) and want to trade them frequently, you can use hot wallets to store your Torum (XTM).
If you have large volumes of Torum (XTM) you want to store and keep for a long time, and you don’t plan to trade often, using a hardware or cold wallet is recommended.
Free Wallets We Recommend
MyEtherWallet – Myetherwallet.com
Features: MyEtherWallet is an Ethereum-based wallet that allows you to store ETH, and ERC 20 tokens including BTC and USDT, ETH-compatible tokens, and NFTs on your device while providing a wallet address.
TrustWallet – Trustwallet.com
- For iOS – Download TrustWallet here: download link
- For Android – Download TrustWallet here: download link
Features: TrustWallet is a multi-purpose crypto wallet (owned by Binance) that also allows you to perform crypto exchanges directly on the platform. It supports more crypto than MyEtherWallet and allows you to perform anonymous transactions.
Hardware Wallets We Recommend
Ledger Nano X – Best Overall
Price – $120-150
Click here to buy the Ledger Nano X
Features: The Ledger Nano X hardware wallet is a Bluetooth-enabled wallet that allows you to store Torum (XTM) and all your digital assets in one place. You use it with the Ledger app to generate addresses, transfer crypto, and manage your assets. It is both PC and mobile-friendly but needs to be connected via USB to a PC.
Trazor Model T – Most Secure
Price – $260
Click here to buy the Trezor Model T
Features: The Trezor Model T is the first-class wallet of hardware wallets. It allows you to store Torum (XTM) and virtually every single crypto asset (1200 of them), features an intuitive touchscreen display, and allows you to backup your wallet with a recovery seed should you misplace it.
How do I send Torum (XTM) From My Account to My Cold Wallet?
To send Torum (XTM) from your exchange platform to your hardware wallet, simply log in to your hardware wallet software.
Follow the specified instructions and generate a deposit address that matches the blockchain network you are sending from.
Copy your wallet address and paste it in the “Withdraw” box on your exchange, confirm the transaction, and voila!
Consider Using a VPN To Help You Trade Safely
If you are new to the world of crypto trading, you should consider using VPNs and if you’re a trading veteran, you should definitely use a VPN if you already aren’t.
VPN – Virtual Private Network – services give you even more anonymity when trading and allow you to access features that may otherwise be restricted in your country.
There have also been cases of crypto platforms being hacked. So with a VPN, you can hide your IP address (your name on the internet) from bad people.
However, not all VPNs are equal. Some are great, while some can even pose risks to you. Below is a list of the best VPNs we recommend for crypto trading.
Starts at $11/month
Starts at $12.99/month
Starts at $12.95/month
NordVPN is the best VPN service overall. It allows you to cloak your IP address and choose locations across 60 countries worldwide.
Express VPN boasts of over 94 countries and 164 locations to choose from, plus covers all your devices. You also get a 30-day money-back guarantee.
SurfShark VPN is also considered one of the most secure VPNs in the world. With 95 countries, you are spoiled for choice and they also accept crypto payments.
Q: Can I buy Torum (XTM) with cash?
A: The best way to buy Torum (XTM) with cash is to transfer funds from your bank account into your fiat wallet on your favorite crypto exchange and then trade it for Torum (XTM).
Q: Can I buy Torum (XTM) with a credit/debit card?
A: Yes, you can! Binance, Kucoin, Kraken, Coinmama, and most altcoin crypto exchange platforms support buying Torum (XTM) with your credit/debit card but depending on your region, you may have to use other options.
Q: Can I buy Torum (XTM) with Paypal?
A: Yes crypto exchanges eToro and Coinbase support buying crypto via Paypal. You can also buy Bitcoin directly onto the Paypal platform.
Q: Can I buy Torum (XTM) with Skrill?
A: Yes, you can buy Torum (XTM) on crypto exchanges like eToro and BitPanda with Skrill. You can also buy crypto directly on Skrill. Skrill features its own dedicated crypto wallet and allows you to buy crypto on the platform.
Q: Can I buy Torum (XTM) with Payoneer?
A: While you can’t buy Torum (XTM) directly on Payoneer, you can buy on exchange platforms Paxful and LocalBitcoins which support Payoneer payments.
Q: Can I buy Torum (XTM) with Paxful?
A: Paxful supports only Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) transactions. However, you can then send these out to your favorite platform and trade them for Torum (XTM).