How to Buy Movement Coin: A Step-by-Step Tutorial

You’ve probably heard about Movement Network, a unique blockchain scaling solution that’s been getting much attention, along with its native currency, the MOVE token. Naturally, you’re curious about its potential and want to know how to buy Movement coin securely without hassle. That’s precisely what I’m here to help you with!

The good news is that this altcoin is easy to find and trade. It’s available on major crypto exchanges like Binance, Bybit, and Coinbase, making it accessible no matter your experience level—whether you’re just starting out or already a seasoned pro.

Without further ado, let's just jump into it!

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Where to Buy Movement (MOVE) Coin: Top Exchange Options

When looking into how to buy Movement safely and efficiently, centralized exchanges (CEXs) are, in my opinion, the way to go. They're easier to use, have better liquidity, and are generally more reliable when it comes to regulatory compliance.^[1] 

That said, not every CEX supports MOVE coin trading; even among those that do, not all are created equal. After comparing various platforms, I’ve narrowed it down to three options where you can securely and conveniently acquire this digital asset:

• Binance. A versatile platform ideal for both beginners and experts. It offers a massive selection of cryptocurrencies, robust security, and diverse trading features, including P2P, spot, and margin trading.
• Bybit. Bybit stands out for its wide range of crypto derivatives, including futures and options contracts. Despite its advanced trading products, it remains accessible to newcomers thanks to its intuitive interface and wealth of educational materials.
• Coinbase. Coinbase is known for its easy-to-navigate platform, making it a good choice for those new to crypto. It also offers top-notch security, with nearly 99% of its assets stored offline in cold storage for maximum protection.

Ultimately, there's no one-fits-all answer, you have to pick the platform that is best for your needs.

Read More: Best Cryptocurrency Exchange

How to Buy Movement Coin

Now that you know where to buy Movement (MOVE) coin reliably, let me guide you through the process of actually purchasing it on these platforms. I’ll focus on their desktop interfaces for this guide, but don’t worry—once you’re familiar with the steps, switching to the mobile app will be just as straightforward.

How to Buy Movement Coin on Binance

Binance simplifies buying cryptocurrencies with its "Buy Crypto" feature. You can easily purchase established coins (BTC, USDT, ETH) or niche ones (FLOKI, RAY) using fiat currency via debit/credit cards, bank transfers, or third-party services like Apple Pay and Google Pay. Here's how to buy Movement coin on Binance:

Step 1: Create an Account. Sign up or log in to your Binance account.

Step 2: Go to Buy Crypto. Click the [Buy Crypto] option in the top-left menu bar.

Step 3: Select MOVE. From the dropdown menu, choose MOVE as the token you want to buy.

Step 4: Select Fiat Currency. Pick the fiat currency you wish to use for the purchase.

Step 5: Enter Amount. Input the amount of fiat you want to spend or the number of MOVE tokens you wish to buy. The system will calculate the conversion for you.

Step 6: Choose a Payment Method. Select your preferred payment method from the available options and confirm your choice.

Step 7: Confirm Purchase. Review the details and click [Buy MOVE]. If you're using a payment method like VISA or Mastercard and haven't added any, you will be prompted to select [Add New Card] and provide the necessary information.

Step 8: Complete Payment. Follow the on-screen prompts to finalize your payment.

And that’s it! Once your payment is processed, your MOVE coins will show up in your account "Spot Wallet" shortly after.

How to Buy Movement Coin on Bybit

Bybit also makes buying cryptos easy with its "One-Click Buy" feature. This tool allows you to instantly purchase crypto using local fiat currencies through various payment methods, including your fiat balance, Apple Pay, Google Pay, or bank transfers.

Keep in mind, though, that the availability of payment options can vary depending on the cryptocurrency and fiat currency you choose. Additionally, some methods may be unavailable in your country due to local regulations. With that in mind, here’s how to get Movement coin using Bybit's "One-Click" Buy:

Step 1: Create an Account. Sign up or log in to your Bybit account.

Step 2: Go to One-Click Buy. On the homepage, hover over the "Buy Crypto" option in the main menu and select [One-Click Buy].

Step 3: Select MOVE. From the list of cryptocurrencies, find and select "MOVE Movement Network."

Step 4: Select Fiat Currency. Click the dropdown menu and choose the fiat currency you wish to spend for the purchase. 

Step 5: Enter Amount. Enter the amount of fiat you want to spend or the MOVE coins you want to buy. The system will automatically calculate the conversion based on the current market price.

Step 6: Choose a Payment Method. Select your preferred payment method from the available options.

Step 7: Confirm Purchase. Review all the details and click [Buy].

Step 8: Complete Payment. Follow the on-screen prompts to complete your payment.

Once completed, your purchased MOVE tokens will usually appear in your Bybit account within 10 minutes (though it can take up to 48 hours in some cases). You can check the status of your transaction in the "History" section of your account.

How to Buy MOVE Coin on Coinbase

Now, let’s explore how to get Movement coin via Coinbase's spot market. It’s a straightforward process and ideal for beginners. Here’s how you can do it:

Step 1: Create an Account. Sign up or log in to your Coinbase account.

Step 2: Go to Spot Market. Navigate to the left-side menu and click [Spot]. If you don’t see the option right away, toggle the "Advanced" mode on by clicking the button at the bottom left of the menu.

Step 3: Select MOVE/USDC Pair. In the search bar, type "MOVE" and select the [MOVE/USDC] pair from the list of options.

Step 4: Deposit or Buy USDC. Before you can start trading, you need to have USDC in your account. You can buy it directly on Coinbase using your local currency or transfer it from another wallet or platform.

Step 5: Choose Your Order Type. On the right side of the screen, select the type of order you want to place. You can choose from limit, market, or stop-limit orders.

Step 6: Enter the Amount. Input the amount of MOVE tokens you want to buy. Make sure the amount can be covered by the USDC balance in your account.

Step 7: Place Your Order. Next, review your order details and click [Buy MOVE] to complete the transaction.

Congratulations! You’ve just learned how to buy MOVE coins on Coinbase! Just keep in mind that the platform charges a 1.20% fee for spot market trades, so factor that into your total cost.

Related: Coinbase Fees: A Detailed Guide for 2024

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What Are the Key Considerations When Buying Movement Coin?

When looking into how to buy Movement coin, there are several factors you should consider to make a secure and well-informed decision:

• Security First. Always prioritize platforms with strong security measures like 2FA, withdrawal address whitelisting, anti-phishing codes, cold storage, and advanced data encryption.
• Protect Your Privacy. Make sure the exchange you use values your privacy as much as you do. Check their data protection policies to ensure your personal information won’t end up in the wrong hands.
• Look for Compliance. Stick with exchanges that play by the rules. Regulatory compliance not only boosts security but also adds a layer of legitimacy to your transactions.
• Watch Out for Fees. Before purchasing, take a good look at the transaction fees. These can vary significantly across platforms and will influence the overall cost of buying MOVE.

• Understand Market Volatility. Cryptocurrency markets are notoriously volatile. Prices can swing dramatically, so only invest what you’re willing to lose.
• Define Your Goals. Define your investment goals and time horizon. Decide whether you're looking for a short-term trade or a long-term hold, and plan your purchase accordingly.
• Know Your Risk Tolerance. Speaking of strategy, consider how much risk you’re comfortable with. Being relatively new, Movement tokens can carry even more uncertainty than established ones like Bitcoin or Ethereum.
• Financial Reality Check. Lastly, be honest with yourself about your financial situation. Never stretch your finances to invest—your future self will thank you.

Despite the token's exciting potential and intriguing fundamentals (which I’ll dive into soon in this article), no investment is ever risk-free. That’s why it’s crucial not just to understand how to buy Movement (MOVE) coin but also to weigh its risks and potential benefits carefully.

Related: Cryptocurrency Trading: How to Start?

Security Tips: Storing Movement Coin Safely

So, you’ve done your due diligence, weighed the risks, and decided that Movement (MOVE) is a good investment for you—awesome! Now comes another important step that’s often overlooked but just as important as knowing how to buy Movement coin: ensuring it's stored securely.

For ultimate security, I usually recommend a hardware wallet, like Ledger Stax or Ledger Flex, for storing your cryptocurrencies. These wallets keep your assets offline and protect them from potential threats like hacking and phishing scams, making them one of the safest storage options out there.^[2]

But here's the tricky part. Since Movement coin is relatively new, it's not yet supported by most major hardware wallets (as of writing).

Don’t worry! In the meantime, reputable software wallets integrated with exchanges like Bybit, Coinbase, or Binance are reliable alternatives. These platforms come with strong security measures, but you’ll still need to take some extra precautions to protect your assets.

Here’s a quick checklist to enhance the security of your holdings:

• Enable 2FA. Add an extra layer of protection to your account.
• Use Address Whitelisting. Limit withdrawals to pre-approved addresses only.
• Activate Anti-Phishing Codes. Safeguard yourself from phishing attempts.
• Create a Strong Password. Keep your account secure from unauthorized access.

With these steps, you can confidently buy Movement (MOVE) coins on major exchanges and securely store them there while waiting for support from leading hardware wallets. Given its growing popularity, though, it might not be a long wait.

Related: Best Hardware Crypto Wallets

What Is Movement Coin?

The Movement (MOVE) coin is the native token of the Movement Network—a Layer-2 blockchain designed to tackle the crypto space’s most persistent issues: scalability, security, and efficiency.^[3] While it might sound a bit technical, understanding the underlying structure is essential to fully grasp what makes this project unique, especially if you’re here to learn how to buy Movement coins in the first place.

This naturally raises the question: "What truly sets the Movement Network apart from other projects that claim to solve every blockchain issue under the sun?"

For starters, it’s built on the Move programming language, the same language originally developed by Facebook (yes, the Facebook that’s now Meta). Move’s resource-oriented programming approach focuses on ownership and safety, ensuring that assets and data are handled securely. Plus, its expressiveness and unique architecture make it attractive to developers.

Now, combine the Move programming language with a high-throughput blockchain execution environment powered by the Move Virtual Machine, and you’ve got something innovative. This setup creates a secure and interoperable ecosystem, bridging Ethereum’s tried-and-tested security with Move’s forward-thinking advancements.

Here’s a snapshot comparing the Movement to other popular platforms:

Table: Movement Network Brief Comparison

At this point, you’re probably wondering: "What is Movement coin’s role in all of this?" Well, I'm glad you asked! MOVE is the lifeblood of the Movement Network ecosystem, and here’s how it functions:

• Staking and Validator Rewards. By staking MOVE, you contribute to network security and earn rewards in return.
• Transaction Fees. The token is used to pay fees for transactions on the network, ensuring the system operates smoothly and efficiently.
• Interoperability. The token helps connect different parts of the network, enabling seamless movement of assets and interactions between applications.
• Governance. Holding MOVE allows you to vote on decisions about how the network evolves, giving you a voice in its future.

Launched alongside the beta release of the Movement Network’s mainnet in late 2024, MOVE showed its potential right out of the gate. It rallied past the $1 mark, reaching $1.30 within its first week. Although it hasn’t hit that milestone again (as of writing), its steady performance and promising fundamentals have kept many experts cautiously optimistic.

Is Movement (MOVE) a Good Investment?

Knowing how to buy Movement coins is just one piece of the puzzle. The bigger question is: why do you want to buy it in the first place? It’s worth asking yourself deeper questions about what owning this coin means. Let’s think about a few aspects together.

• Technological Innovation. Movement Network touts its MoveVM and cross-chain capabilities as innovative solutions. But how much value do these features bring to the crypto ecosystem, and will developers adopt them widely enough to create a lasting impact?
• Market Capitalization and Liquidity. A large market cap and healthy liquidity signal stability, but MOVE is still growing in both areas. Is this your chance to get in early, or does the growth stage mean taking on more risk?
• Development Team and Community. Behind every successful blockchain project is a capable team and supportive community. Movement Network seems to have potential, but can the team deliver on the demands of building and scaling the ecosystem? And how much of its success will depend on the community?

• Adoption and Partnerships. Movement Network claims cross-chain functionality and new partnerships, which could boost adoption. But do these features bring meaningful value to industries, or are they just buzzwords used to stand out in a crowded space?
• Competition. It’s no secret that the network is against established names like Polygon and Solana. While it may have some unique selling points, understanding how it stacks up against these well-established players is crucial before making any move.

While Movement Network shows promise, it’s still a relatively new project. New ventures are always more challenging to predict compared to more established coins.^[4] That’s why doing your own due diligence is important—don’t just take my word for it. Dive into the details, research thoroughly, and make informed decisions based on your situation.

Oh, and one more thing: stay informed! Following the industry news and monitoring price trends (on platforms like BitDegree news and its crypto tracker, for example) can help you make wiser, more proactive investment choices. After all, understanding the bigger picture is what completes the puzzle in crypto investing.

Related: Which Crypto to Buy Today for Long-Term Investment?

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Conclusions

By now, you’ve likely figured out how to buy Movement coin without too much trouble! Whether you’re using Binance or Bybit's "Quick Buy" feature to purchase with fiat or swapping another cryptocurrency on Coinbase’s spot market, the steps should feel pretty manageable.

That said, while the project has an exciting future (thanks to its unique programming language and efficient blockchain technology), it’s worth remembering that cryptocurrency is inherently risky. Prices can be highly volatile, and no investment is ever a sure thing.

So, make sure you understand what you’re getting into and stick to your plan. If you believe in the long-term potential of Movement coin, consider holding onto it and tuning out the daily market noise. But if your focus is on short-term profits, be sure to define a clear exit strategy and sharpen your skills in technical analysis to guide your decisions.

Thanks for reading—good luck and have fun!

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.

Scientific References

1. Hägele S.: 'Centralized exchanges vs. decentralized exchanges in cryptocurrency markets: A systematic literature review';

2. Erinle Y., Kethepalli Y., Feng Y., et al.: 'SoK: Design, vulnerabilities, and security measures of cryptocurrency wallets';

3. Khan D., Jung L. T. Hashmani M. A.: 'Systematic literature review of challenges in blockchain scalability';

4. Brini A., Lenz J.: 'A comparison of cryptocurrency volatility-benchmarking new and mature asset classes. Financial innovation;.