How to Buy ICO Tokens for Beginners in 2023
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Initial coin offerings (ICO) offer access to brand-new crypto projects - usually at a discounted price for early investors.
In this beginner's guide, we explain how to buy ICO tokens. Read on to discover where to buy ICO tokens and which crypto startups are worth watching.
Let's start with a quick walkthrough of how to buy ICO tokens:
Read on for a detailed explanation of how to invest in ICO tokens.
Now let's dive into a more comprehensive tutorial on how to buy ICO tokens. In this example, we explain the steps required to invest in the AiDoge ICO. This project has developed a 'meme generator' that is backed by AI. Its native token, Ai, is required to use the tool.
To begin with, ICO investors will need a crypto wallet. This is a core requirement when learning how to buy ICO crypto tokens. Not only in terms of storage but transferring tokens to the ICO website.
There are hundreds of crypto wallets, but MetaMask is a great option for newbies. MetaMask comes as a browser extension for Chrome, Edge, and Firefox. Prefer investing on a smartphone device? MetaMask also comes as an app for Android and iOS.
Download MetaMask and set up a new wallet. Choose a password and take note of the 12-word backup passphrase.
ICOs enable investors to buy their new cryptocurrency with an established token. In the case of AiDoge, the ICO accepts Ethereum and Tether. Those that are completely new to crypto will need to purchase one of these tokens to invest in the AiDoge ICO.
In our view, eToro is the best crypto exchange to buy established tokens like Ethereum. Investors can open an account in
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