How to Buy Beam (BEAM) on CEX.IO?

Beam (BEAM) is a privacy-focused cryptocurrency that utilizes Mimblewimble technology to offer confidential and scalable transactions. Whether you are new to crypto or an experienced investor, CEX.IO provides a seamless way to purchase BEAM securely and efficiently.

What is BEAM?

Beam is a decentralized cryptocurrency focused on privacy and security, utilizing the Mimblewimble blockchain to ensure confidential transactions without storing addresses on the ledger. Designed to support secure payments, private asset transfers, and DeFi applications, Beam offers a seamless and anonymous way to transact. Its architecture enhances scalability by maintaining a compact blockchain structure, allowing for efficient processing. With built-in support for atomic swaps, Beam facilitates interoperability with other cryptocurrencies while maintaining a high level of security through advanced cryptographic protocols.

Where Can I Buy BEAM?

CEX.IO supports Beam (BEAM), allowing users to buy, sell, and trade the cryptocurrency with ease. You can check the real-time BEAM price on the CEX.IO Crypto Prices page before making a purchase.

How to Purchase Beam on CEX.IO?

Now that your CEX.IO account is set up, let’s go through the steps to buy Beam (BEAM):

1. Log into your CEX.IO account.
2. Click the dropdown menu in the upper left and select Instant Buy from the center column.
3. Click on BTC to open the list of available cryptocurrencies, then scroll down and choose BEAM.
4. Select the amount of BEAM you want to buy or enter a custom amount in the last box.
5. Once you're satisfied with the amount, click Buy to proceed with the transaction.
6. Review the pricing and select your preferred payment method—credit/debit card, bank transfer, or e-wallet.
7. If paying by card, enter your CVV/CVC code and check the box to confirm you understand the terms and conditions.
8. When everything looks good, click Buy to complete your purchase.

Payment Methods for Buying Beam

CEX.IO offers multiple payment methods to ensure a smooth and secure buying experience:

Credit/Debit Cards: Visa, MasterCard
Bank Transfers: SEPA (EU), SWIFT (International)
E-wallets: PayPal, Skrill, Neteller
Crypto Deposits: Buy BEAM using other cryptocurrencies

FAQ

Is Beam (BEAM) a good investment?

Beam offers strong privacy features and a robust blockchain network, making it an attractive option for those interested in confidential transactions. However, like all cryptocurrencies, it carries investment risks. Always conduct thorough research before investing.

Can I store BEAM in a CEX.IO wallet?

Yes, CEX.IO provides a secure wallet where you can store, send, and receive BEAM after purchasing it on the platform.

Are there any limits when buying BEAM on CEX.IO?

CEX.IO applies different limits depending on verification level, payment method, and region. Check the Limits & Commissions page for details.

Can I sell Beam on CEX.IO?

Yes, you can sell BEAM on CEX.IO and exchange it for fiat or other cryptocurrencies. Simply navigate to the "Sell" section and follow the prompts.