How to Buy Movement (MOVE)

Movement is a blockchain project built on top of the Ethereum network with the purpose of enhancing transaction speed, security, and scalability. It uses MOVE as its native cryptocurrency, which is now available for purchase at CEX.IO. 

Below, we cover everything you need to know about how to buy, sell, trade, and store MOVE holdings securely through the free CEX.IO wallet. 

What is Movement (Move)?

Movement is a layer 2 blockchain platform built on Ethereum (ETH). It is designed to potentially enhance transaction speed, security, and scalability. Movement utilizes the Move programming language, which was originally developed by Meta. This language could help Movement offer a more secure and efficient environment for decentralized applications (dApps). Moreover, by integrating MoveVM with Ethereum’s ecosystem, Movement enables seamless interoperability between different blockchain networks.

A key innovation of Movement is its Move Rollups, which allow developers to create customized layer 2 solutions tailored for specific use cases, such as DeFi, gaming, and supply chain management. Also, to improve security and scalability, as well as potentially ensure fair and censorship-resistant processing, the platform utilizes a Decentralized Shared Sequencer (DSS). This is different from other layer 2 solutions, which mostly rely on centralized operators for transaction ordering. 

What Makes Move Unique?

MOVE potentially stands out from the rest of the (crypto) crowd due to its dual compatibility with MoveVM and Ethereum Virtual Machine (EVM). This potentially allows developers to build applications that benefit from Ethereum’s vast ecosystem while, at the same time, taking advantage of Move’s security and efficiency. Unlike Ethereum’s Solidity-based architecture, which relies on smart contract execution through EVM, Movement uses formal verification techniques in Move to eliminate common vulnerabilities like reentrancy attacks.

Compared to Optimism (OP) or Arbitrum (ARB), which focus primarily on scaling Ethereum using Optimistic Rollups, Movement introduces Move Rollups. This scaling construction allows developers to customize their layer 2 environments with different security, settlement, and data availability mechanisms. This flexibility potentially makes it a compelling choice for applications needing tailored blockchain infrastructure. 

How to Buy MOVE on CEX.IO: Step-by-Step Guide

Those interested in acquiring MOVE can utilize Instant Buy. This functionality allows eligible customers to buy crypto, including MOVE, at current market prices, using their preferred payment method. Here’s how: 

1. Create an account with CEX.IO. 
2. Verify your identity according to KYC/AML policies. 
3. Log in to your account and navigate to Instant Buy. 
4. Choose MOVE as your preferred cryptocurrency. 
5. Select the fiat currency you want to use for the purchase (USD, EUR, or GBP). 
6. Specify the amount of fiat or select from predefined allotments. 
7. Choose your payment method. 
8. Review all transaction details. 
9. Complete the transaction by following the on-screen instructions. 

Payment Methods to Buy Move on CEX.IO

CEX.IO offers several payment methods to accommodate varying user needs. We offer traditional funding gateways, like credit and debit cards, as well as bank transfers. However, users can also obtain MOVE through alternative payment pathways, including: 

• PayPal(available to US-based users only)
• Skrill
• Neteller
• Google Pay
• Apple Pay
• MoneyGram
• Faster Payments
• Prepaid card

However, the availability of certain payment methods may differ between jurisdictions. Therefore, we recommend that you check the available funding gateways in your region before purchasing at CEX.IO. 

FAQ

How can I track the price of MOVE on CEX.IO?

For those interested in staying updated with the latest MOVE price changes, we offer a cryptocurrency prices page. This recourse is available to both registered users and non-memebers and allows quick insights into MOVE’s real-time value, 24-hour price change, as well as current market cap. 

Can I trade MOVE on CEX.IO? 

Yes, you can trade MOVE on CEX.IO through Spot Trading. The available trading pairs are MOVE/USD and MOVE/USDT.  

Can I withdraw MOVE from my CEX.IO account?

Yes, you can withdraw MOVE from your CEX.IO account. To do that, you need to log in to your account and go to Wallet. From there, select MOVE as the cryptocurrency you want to withdraw and confirm your decision by clicking the Withdraw button next to it. You can send MOVE to another wallet by choosing the Cryptocurrency Address or select Withdrawal to Other Payment Methods and convert your MOVE holdings into fiat, and withdraw to credit and debit card, bank account, or Skrill. However, keep in mind that withdrawal methods may differ between jurisdictions. 

Can I buy MOVE on CEX.IO without verification?

CEX.IO requires all customers to complete identity verification before they can buy cryptocurrency, including MOVE. This is a standard procedure for licensed and regulated cryptocurrency exchanges to comply with anti-money laundering (AML) and Know Your Customer (KYC) regulations.