Looking for the best utility tokens to buy? This type of crypto is hugely popular as an investment. Buying a utility token is the closest thing you can get to investing directly into a crypto success story.

Below we review the most promising examples in this field, as well as consider the best place to invest in utility tokens generally.

Best Utility Tokens to Buy in 2023

Much of the crypto out there can be classed as utility tokens. As such, investors are spoilt for choice when it comes to the best utility tokens for 2023:

  1. AiDoge ($AI)AiDoge has a unique utility, harnessing the power of AI to generate memes. $AI owners can also stake, vote, and more, making it one of the best utility tokens in the pre-sale phase. 
  2. Ecoterra (ECOTERRA) The best utility token with the power to help preserve the environment. Ecoterra lets you earn tokens for depositing waste or stake them to earn passive income.
  3. yPredict (YPRED) AI-powered platform allowing experts to create prediction models for the crypto market. Users can utilize its native token, YPRED, to subscribe to these models, or they can stake it to earn APY rewards.
  4. DeeLance (DLANCE)  A decentralized freelancing platform driving connections between freelancers and clients in the metaverse. Token holders can use the platform’s virtual currency to buy virtual land and lease office spaces, among other things.
  5. Launchpad XYZ (LPX) A unique, one-stop platform featuring all Web3 services under one roof. Its token provides great investment and staking opportunities with promising growth projections.
  6. Swords of Blood (SWDTKN)A P2E Game With Utility through Robust Gameplay Mechanics
  7. Scorpion Casino (SCORP) – The exclusive gaming token on a licensed, transparent, and provably fair crypto platform.
  8. ApeCoin (APE) – Hot New NFT token
  9. BNB Coin (BNB) – In-House Token for the Giant Binance Crypto Exchange
  10. Axie Infinity (AXS) – Key Token in the Play-to-Earn Blockchain Gaming Sector
  11. Curve (CRV) – Utility Token for the Biggest Ethereum-based DEX
  12. Decentraland (MANA) – In-House Crypto for the Decentraland Metaverse
  13. Chiliz (CHZ) – Token for Buying Sports Club Tokens
  14. Yearn Finance (YFI) – Top DeFi Token Bringing DeFi to Ordinary Investors

A Closer Look at the Best Utility Tokens to Buy

With so many options out there, choosing the best utility tokens to invest in can be a challenge. So, to make things easier we’ve picked out the top utility tokens that have strong momentum as we move further into 2023.

1. AiDoge ($AI) – Overall the Best Utility Token Combining AI With Memes

AiDoge has a very interesting utility — using AI to generate memes such as this one.

AiDoge has a unique utility, harnessing the power of AI

One of the largest issues with meme tokens nowadays is their lack of real utility. They exist just for the sake of hype. However, AiDoge changed the game with a meme token allowing users to buy credits to create memes. In short, all you need to do is enter a prompt, and the platform will find a fitting image and text, generating a meme within seconds. It uses all the relevant formats, making the memes funny, context-relevant, and engaging.

$AI is the native token on the platform. Apart from buying credits, $AI owners will also be able to stake their funds to take part in governance and receive suitable rewards. The project will feature a voting mechanism, which will allow $AI holders to give credit to the most popular memes. As a result, the most talented meme artists will gain visibility and huge community-building potential.

$AI is an ERC-20 token, as the entire project is built on Ethereum. It will be listed to all relevant CEX and DEX in Q3 2023 and is in the pre-sale process at the moment. The current price is $0.0000264, in the third of 20 stages of pre-sale. The final price that the token will reach by the end of the pre-sale is $0.0000336. A total of 50% of tokens will be offered this way, and the maximum supply is set to a trillion, as stated in the whitepaper. The project has earned more than $1 million so far via the pre-sale.

The hype has already begun, and AiDoge has become active on social media. Its community continues to grow on the token’s Telegram group as well. While it might not be the only token that relies on AI or memes, it’s one of the rare projects that combined the two with real utility. Moreover, if you missed investing in other popular presales, such as PepeCoin or Singularity, AiDoge could be an opportunity to purchase $AI while it’s still early.

Like many new cryptos, it’s difficult to predict the future value of $AI based on existing data. Simply put, $AI is new, and not enough data exists (no data at all, as it’s still in presale) to make any conclusions. However, if we were to judge by the utility (and the overall idea), we’d say there’s room for growth.

Moreover, we couldn’t find any information about the team behind this project. This isn’t uncommon. Many crypto projects (starting with Bitcoin and its mysterious founder) are anonymous, and teams choose not to disclose their personal information in the true spirit of blockchain technology. Therefore, we wouldn’t consider this a disadvantage but rather something to consider when researching AiDoge.

Presale Started April 2023
Chain Ethereum
Hard Cap $14,900,000
Min Investment 38,461 $AI
Max Investment None

2.Ecoterra – Recycle2Earn Utility Token Offering Rewards for Recycling 

Ecoterra logoInterested in earning rewards and tokens for contributing towards the environment? Ecoterra is a new sustainable initiative, which allows companies to connect with recyclers, offers a carbon-offsetting marketplace, and rewards users for recycling waste. 

One of the main components of Ecoterra is its Recycle2Earn Application – for which users must download the EcoTerra app. One can earn $ECOTERRA, the native token, by depositing waste via Reversed Vending Machines (RVMs). Every time one scans their deposits through the app, they can earn free $ECOTERRA tokens. 


Since Ecoterra is compatible with all RVMs across the globe, millions of people can earn free tokens through this platform. With the tokens you earn, Ecoterra lets you contribute towards environmental-friendly projects such as ocean cleanups and planting trees. By participating in such deeds, one can earn NFTs as well. 

This utility token can also be staked on the ecosystem to earn passive income and a dividend yield. With $ECOTERRA, businesses can purchase recycled materials through the Recycled Materials marketplace. 

This eco-friendly crypto project also lets companies purchase impact packages, which consist of materials that counteract the negative effects of production. Since all environmental activities are tracked in one place, businesses can leverage Ecoterra to track their circular economy. 

Ecoterra is already working on expanding the business and has signed a partnership with Delhaize – one of the biggest supermarket chains in the world. To benefit from all of Ecoterra’s use cases, interested readers can buy $ECOTERRA for $0.004 during the first presale round. 

Ecoterra four components

Invest in the presale before the price increases to $0.01 by the ninth and final round. From a 2 billion token supply, 800 million coins are being allocated for the presale. Read the Ecoterra whitepaper and join the telegram channel to learn more about the project. 

Presale Started March 29
Purchase Methods ETH, USDT, Card
Chain Ethereum
Min Purchase $10
Max Purchase N/A

3. yPredict — Best Utility Token for Predicting Crypto Market Changes

Anyone who’s ever traded cryptocurrency knows how volatile the market can be. Moreover, the widespread use of social media and various market predictions can be quite treacherous. yPredict emerged as one of the best utility tokens in 2023 by aiming to solve this problem. It offers a research and trading platform that allows machine-learning experts and data scientists to create trustworthy predictive models.

Best Utility Token for Predicting Crypto Market Changes

The ecosystem caters to developers and traders alike. It enables experts from various industries to create predictive models utilizing artificial intelligence and data mining and sell them as subscriptions, creating a steady revenue source.

Traders, on the other hand, can use the platform’s native token, YPRED, to buy subscriptions and gain free access to the platform’s analytics system. On top of that, they can also stake their tokens to earn APY rewards and participate in staking pools.

According to yPredict’s whitepaper, there will be a maximum of 100 million YPRED tokens in circulation. We think the limited supply makes the coin an attractive investment, as scarcity can increase the token’s value over time. If you decide to invest, don’t forget to follow yPredict’s Telegram account to be the first to learn about any price changes.

However, although the project has managed to earn over $700,000 in a short amount of time, its limited token supply can also prove to be a downside, as it can lead to high price volatility. Another thing to keep in mind is that yPredict will have to work hard to keep up with the industry, as many similar tools and platforms have appeared over the last few years. 

Presale Started February 2023
Purchase Methods ETH, MATIC, USDT, BNB, Card
Chain Polygon
Hard Cap $6,507,511
Min Investment 200 $YPRED
Max Investment None

4. DeeLance – Decentralized Utility Token Offering Benefits to Freelancers and Clients 

deelance logoThe next utility token on our list is $DLANCE, the native token of DeeLance. This decentralized freelancing platform lets freelancers connect with clients on the metaverse. Moreover, one can enjoy low fees, purchase NFTs and benefit from the high transparency that DeeLance offers. 

Similar to our top two projects in this guide, $DLANCE is also available to buy through its ongoing presale. This utility token can be used in the metaverse environment to purchase virtual land and lease office spaces. 

deelance freelance

By purchasing virtual spaces, freelancers and clients can interact, conduct meetings and work on projects together. The two parties can be assured that no conflicts are involved since all contracts and activities are stored on a public blockchain. 

Freelancers can also tokenize their works into NFTs through the NFT marketplace. This ensures a proper transfer of ownership, with no chances of copyright infringement or fraud. Through the NFT marketplace, members can purchase some of the other best NFTs. 

Since DeeLance supports crypto payments, users are paid instantly on the ecosystem. Moreover, freelancers and clients can benefit from the low fees charged. Freelancers must pay a 10% commission, while clients are required to pay a 2% commission. 

The platform also uses on-chain KYC to avoid any bad actors and offers AI chatbots to solve customer problems. From a total supply of 1 billion tokens, over 217 million tokens have been set aside for the presale. 

Currently, $DLANCE is priced at $0.025 during the first round. The price will jump by 20% by the third and last round. According to the DeeLance whitepaper, the token is expected to be listed on crypto exchanges by Q2 2023. 

To stay updated with all the platform updates, join DeeLance’s telegram channel. 

Presale Started March 30
Purchase Methods ETH, USDT, Card
Chain Ethereum
Min Purchase $10
Max Purchase N/A

5. Launchpad XYZ — Top Utility Token for an Array of Web3 Services

With the incorporation of blockchain technologies, decentralization, and token-based economics, Web3 is likely to become a new prevalent version of the internet. While these new innovations are still too difficult for many people to grasp and use, our top utility platform Launchpad XYZ aims to change that.

A unique, one-stop platform featuring all Web3 services under one roof

As an all-around decentralized system, Launchpad XYZ combines the highest number of Web3 services in one user-friendly and streamlined platform. It lets you store and buy NFTs so that you can browse any marketplace to find products and compare their prices and features. 

It also offers a decentralized exchange and plans to launch a proprietary Web3 wallet, among other benefits. You can learn more about the platform’s features from its whitepaper and join the Launchpad XYZ Telegram to be the first to receive news and updates.

Despite being in its early presale stages, the project has already managed to raise over $200,000. You can now buy its LPX token for $0.0375, but we expect that its price will increase as it moves through subsequent presale stages.

By simplifying the use of Web3 and its services, Launchpad XYZ is unique among the new crypto platforms. As the utilization of Web3 increases, so will the necessity for this platform, which can, in turn, affect the value of its native coin quite positively. 

Presale Started April 2023
Purchase Methods USDT, ETH, Transak
Chain Polygon
Hard Cap $12.5 million
Min Investment None
Max Investment None

6. Swords of Blood – A P2E Game With Utility through Robust Gameplay Mechanics

Undoubtedly, the gaming market in the crypto space is thriving with a plethora of fascinating games that leverage the potential of crypto-based systems. Top-notch developers understand that the key to success is to merge these systems with a captivating storyline.

Swords of Blood is a standout game in the crypto gaming market due to its compelling narrative that distinguishes it from other games in its genre. The game is set in the fallen world of Ezura, where players assume different roles, such as battle-mage or warrior, to embark on quests with excellently written storylines and earn the best loot.

If you’re familiar with hack n’ slash games with a focus on loot mechanics, Swords of Blood will be very intuitive. You’ll be able to collect powerful armor and weapons, forge immensely strong weapons, and craft items to create overpowered characters that suit your particular playstyle.

Swords of Blood is a free-to-play game that will be available on both PC and mobile systems with support for cross-play. The development team’s primary focus is on creating an enjoyable game, with monetization being a secondary concern.

For players who prefer competitive gameplay, Swords of Blood also offers PvP mode. It will be exciting for them to strategize and test their strongest builds against other players.

The leadership of Swords of Blood comprises experienced industry professionals, with James Seaman serving as CEO, Jeremy Brown as COO, and Mariusz Szynalik as Game Development Director. Together, they have contributed to some of the most prominent video game franchises and brands, such as Xbox, PlayStation, Ubisoft, Halo, Call of Duty, Assassin’s Creed, The Sims, and Sim City.

The initiative has garnered significant support from major backers, such as Master Ventures, Shugo Ventures, Magnus Capital, Metavest, Fundamental Labs, and Krypital Group, among others.

SWDTKN is the token that will fuel Swords of Blood, and the project is planning to conduct a presale in March 2023, with the dates for it set to be announced in the near future.

Early adopters and investors of SWDTKN will receive other benefits such as exclusive access to the game’s closed beta, automatic whitelisting to Swords of Blood NFT sales, phygital giveaways, and more.

All in all, Swords of Bloods looks like it could be a surefire-hit gaming project that takes the world by storm!

7. Scorpion Casino –  Breaking Down the Barriers to the Casino Industry

Another excellent utility token to buy now is SCORP – the native crypto of Scorpion Casino. The project is hosting a presale of the token for attractive discounts and bonuses now. The crypto’s long-term and short-term growth potential is underpinned by its use cases in the fertile online gambling and betting industries.

To begin with, the platform earns passive income worth up to $10,000 for SCORP holders daily. It lowers the initial capital and technical barriers to the casino industry via its ongoing presale.

SCORP gets you access to more than 30,000 monthly betting opportunities – 210 casino games, 160 live games, and sports events across football, tennis, American football, horse racing, basketball, golf, boxing, and MMA.

Sounds great. But is Scorpion Casino credible? Yes. The platform has gone the extra mile to win the approval of investors and users.

  • It only partners with major providers like Evolution, NetEnt, Play N Go, Novomatic, EGT, and AMATIC.
  • It works with reputable platforms such as BetRadar and CoinsPaid to provide the best possible user experience.
  • It is a regulated platform, licensed by Curacao EGaming.
  • It has already secured a listing with one of the leading centralized crypto exchanges.
  • The team is fully doxxed and has completed a KYC verification by Coinsniper and an audit with Solidproof.

The SCORP presale is now open with attractive discounts and bonuses. Enroll in the Elite Scorpion Members Club to get exclusive features like VIP service, cashback, extra staking rewards, and extra tokens at the presale.

(Use the Exclusive Bonus Code Scorpion20 to get 20% extra on your purchase. Available for a limited period only)

Token symbol SCORP
Presale supply 200,000,000 SCORP
Token type BEP-20
Payment methods ETH, USDT, BNB
Listing price

8. ApeCoin (APE) – Hot New NFT token

best utility tokens - ApeCoin logo

Of the emerging breed of best utility tokens for NFTs, Apecoin offers strong investment potential. APE is the governance token for the market-leading Bored Ape Yacht Club NFT ecosystem.

Owning APE allows the owner to take part in decision-making about how the APE NFT system is run. But most holders buy APE for its investment potential.

NFTs (Non-Fungible Tokens) are digital assets that are traded for profit — and Bored Ape’s collection of 9,999 NFTs has cornered the market, notching up a trading volume of almost $19m in the last week. The average price of a Bored Ape NFT is $394k.

best utility tokens - ApeCoin Chart

ApeCoin stands to benefit from good tokenomics. There is a limited supply of 1 billion APE tokens. Each owner of a Bored Ape NFT was given just over 10,000 APE when this utility token came to market in March 2022.

After an initial surge to just under $18, the price of APE has, since the beginning of April, created a shallow ‘teacup bottom’ between $10 and $12; in technical charting, this pattern is considered a positive ‘BUY’ sign.

Crypto assets are a highly volatile unregulated investment product.

9. Binance Coin (BNB) – In-House Token for the Giant Binance Crypto Exchange

Binance Coin (BNB) is the utility token for Binance, the largest crypto exchange in best utility tokens - BNBthe world. Owners of Binance Coin can get a 25% trading discount when trading on Binance’s crypto market, as well as discounts on crypto staking.

With 80m users and 600+ crypto on sale, Binance compares well against top broker eToro as a great place to track down the most undervalued crypto. Having some BNB makes trading on the exchange smoother. But many investors simply buy BNB as an investment. In fact, Binance Coin has over a million followers with eToro.

best utility tokens - BNB Chart

BNB Coin is based on the Binance Smart Chain (BSC) blockchain. This offers far cheaper gas fees than the congested Ethereum blockchain. Many of the newer utility tokens have opted to launch on BSC.

Currently the BNB price on eToro is $408. Note, from the price chart above, the strong diagonal upwards direction of travel since March 2021. As a strong utility token, BNB is tipped for greater things over the long-term.

Crypto assets are a highly volatile unregulated investment product.

10. Axie Infinity (AXS) – Key Token in the Play-to-Earn Blockchain Gaming Sector

AXS is the in-house cbest utility tokens - AXSrypto for the hugely-popular Axie Infinity blockchain game. This P2E (play-to-earn) game centres around the breeding and training of virtual monsters. These NFT avatars fight to earn rewards, which are paid in AXS. AXS can be used by players to improve their monsters, or exchanged for real money with crypto exchanges.

best utility tokens - AXS Chart

The price of AXS took a tumble in late March 2022 after hackers stole a whopping $622m of Ethereum and USD Coin from the Ronin Network blockchain that runs the Axie Infinity Game. This wiped out the 35% price gain that AXS had made over just the first three weeks of March. Confidence in AXS has been dented, but this dent has been priced in. Perhaps now is the time to buy whilst AXS is artificially-low in price?

Let us not underestimate the enduring appeal of the Axie Infinity game, it is still one of the best utility tokens around.

You can see that over 100,000 Axie players are online right now contesting for AXS. At the height of its popularity in 2021, Axie’s collection of NFT monsters was the most valuable NFT collection in the world.

Crypto assets are a highly volatile unregulated investment product.

11. Curve (CRV) – Utility Token for the Biggest Ethereum-based DEX

With over 150,000 followers on leading broker eToro, Curve is undoubtedly one of the stronbest utility tokens - curve logoger crypto utility tokens.

Curve is part of the $120bn DeFi sector. Specifically CRV is the governance token for Curve, the biggest Ethereum-based Decentralised Exchange (DEX). You can buy Curve and have a say in how Curve is run.

Curve centres on liquidity farming. Users borrow and lend stablecoins in what are known as liquidity pools. Curve stands out from the competition in this area (like Uniswap and Sushiswap) in two ways:

  1. By acting as a decentralised exchange for stablecoins only.
  2. By offering a proprietary algorithm (created by Russian scientist Michael Egorov) that minimises slippage and impermanent loss — key issues with Automated Market Maker systems.

best utility tokens - CRV chart

Curve boasts a market capitalisation of $1.0bn. Approximately $150m CRV is traded every day. Impressively, Curve’s Total Value Locked (ie. how many assets are currently invested in the system) stands at $20bn.

Crypto assets are a highly volatile unregulated investment product.

12. Decentraland (MANA) – In-House Crypto for the Decentraland Metaverse

best utility tokens - manaMANA is the native token for the Decentraland metaverse and one of the best utility tokens around. This is the 33rd-biggest crypto, with a market capitalisation of over $4bn.

Decentraland was one of the first metaverses. It offers a 3D world where users can buy virtual plots of land and monetise them by hosting shops, exhibitions, and interactive events.

With the the MANA utility token, you can buy anything from avatars to tag names on the Decentraland marketplace. Critically, to buy a plot of land on Decentraland, you need to use LAND tokens and, to get your hands on LAND, you need to burn MANA.

MANA also acts as the governance token for the Decentraland DAO (Decentralised Autonomous Organisation): owners can vote on the type of content that is allowed in the metaverse, and how auctions are run.

best utility tokens - MANA chart

So MANA is very useful for Decentraland users. But how is it as an investment?

As a key established metaverse (alongside competitor SAND), we expect the price of MANA to show growth in the future.

Crypto assets are a highly volatile unregulated investment product.

13. Chiliz (CHZ) – Token for Buying Sports Club Tokens

best utility tokens - chz

CHZ is certainly one of the best utility tokens to buy. Why? Because it is linked to a pioneering business that is reeling in big clients in the real world.

CHZ is the utility token for the company Chiliz. Chiliz provides the blockchain Know-How for sports clubs to mint their own fan utility tokens. Fan tokens act as governance tokens, and allow fans to have a say in the running of their favourite club.

Chiliz has an impressive client list spanning nine major sporting organisations, including the UFC and key soccer clubs like Manchester City, River Plate and FC Roma.

The genius of the Chiliz business plan is that, to buy tokens for their favourite club, fans must own CHZ first. This establishes a permanent demand for the CHZ utility token.

Thus, at a price of $0.24, CHZ is one of the most undervalued crypto, despite having rallied intermittently since the end of January 2022.  The company has first-mover advantage in the massively-lucrative sports sector, and we expect this fundamental strength to be reflected in its price in the future.

best utility tokens - CHZ chart

As with all utility tokens reviewed here, you can buy Chiliz with top broker eToro, where CHZ has 149,000 followers.

Crypto assets are a highly volatile unregulated investment product.

14. Yearn Finance (YFI) – Top DeFi Token Bringing DeFi to Ordinary Investors

YFI acts as the utility token for Yearn Finance. Like Curve, Yearn Finance is involved in liquidity pools. But whereas Curve specialises in stablecoin liquidity pools, Yearn acts as a gateway for a whole range of financial products offered by other providers (including Aave, Balancer and Curve), centering on crypto staking.

Yearn aims to make the massive financial opportunities of DeFi simple for everybody. With the Total Value Locked (TVL) of the DeFi sector having increased by 80 times in the last two years, Yearn has picked a booming sector in which to act as the front door to newcomers.

Yearn has been quite the success story. Launched in 2020 by a sole developer Andre Cronje, YFI has gone on to a market capitalisation of $700m with over $2.5bn of assets locked into the Yearn system. Right now the price is $19,052. Apart from in late March 2022, the price has not been this cheap since November 2020.

Crypto assets are a highly volatile unregulated investment product.

What is the Best Utility Token to Buy in 2023?

From the list of utility tokens above, one stands out.  That is AiDoge, a new crypto AI/memes project.. The sections below show investors how to begin investing in it:

How to Buy Love AiDoge – Full Guide

Step 1: Get a Crypto Wallet

The first step is ensuring you have a compatible crypto wallet, such as MetaMask or TrustWallet. You can download and install these wallets by visiting their official websites.

After downloading the wallet of your choice, set up a new account. Then, head to the $AI presale page and click on the Buy Now button. After that, you’ll have the option to choose between MetaMask or TrustWallet. From there, you’ll be able to explore different purchasing options for $AI.

Step 3: Add Funds to Your Wallet

Before completing your purchase, make sure your wallet has enough balance. The presale page will offer multiple funding options for you to choose from.

You will need to add ETH, USDT, or BNB to your wallet. You can buy these from different crypto exchanges and transfer them to your wallet.

Step 4: Buy $AI

Once your wallet is funded, you can proceed and enter the number of tokens you wish to acquire in exchange for your cryptocurrencies.

Step 5: Claim Your Tokens

After reviewing the gas fees, authorize the transaction. You will be able to claim your tokens once the presale ends from the platform’s official claim page.

What are Utility Tokens?

In deciding which are the best utility tokens to buy, it is worth clarifying a few definitions:

Coins vs Tokens?

Crypto coins generally have their own blockchain. Bitcoin is a key example of a crypto coin. Crypto tokens, on the other hand, are often tokens of another blockchain. Many crypto tokens are actually ERC-20 tokens based on the Ethereum blockchain.

Utility Tokens vs Security Tokens?

If you own a security token, you own a share of the security which is tokenised. That security could be a piece of real estate or a company. If you own a utility token, on the other hand, you do not own part of a security, but have privileges within a crypto ecosystem.

Governance Token vs. Utility Token?

Governance tokens play a key role in many crypto ecosystems. Governance tokens allow owners to participate in decision-making. Because this means a governance token entitles the owner to a service, this means that all governance tokens can be classed as utility tokens.

Luckily, we investors do not need to understand the precise distinctions between different types of crypto. Our job is to pick the ones that are a good investment!

Are Utility Tokens a Good Investment?

Whether a utility token is a good investment or not depends on your personal appetite for risk. All crypto are inherently high-risk investments. This means the potential gains are high — but so are the potential losses. Most investors do not want to risk losing all their money. So it is sensible to have only a small part of your portfolio held in crypto.

Naturally, some types of crypto are more risky than others. Meme coins, for example, are extremely high-risk compared to utility tokens. This means they can reap incredible rewards – like Shiba Inu did in 2021, for example – but can also crash in value.

The difference between meme coins and utility tokens is that meme coins are usually introduced as a joke coin, with no inherent use other than as a store of value. Although, strictly speaking, some meme coins can be considered utility tokens, utility tokens generally confer the right to receive a certain service.

Owners of Chiliz Coin (CHZ) for example can use their CHZ to buy the fan tokens for their favourite sports club. Owners of BNB Coin can use their BNB to access cheaper trading fees on the Binance exchange.

Utility Token Price

Three main factors influence the price of utility tokens:

1. Fundamentals

All utility tokens relate to individual crypto ecosystems. The question an investor needs to ask is: has that ecosystem got a good business plan? Is it making money like a real-world business? If so, its fundamentals can be considered as good.

2. Investor Sentiment

Investor sentiment is a key driver in the price of all crypto. Investor sentiment about a crypto means ‘what investors feel about it.’ Frustratingly for investors, investor sentiment is unpredictable.

3. The Direction of the Bitcoin Price

Bitcoin claims 40% of the crypto sector by market capitalisation. Even though there are 19,000 other crypto, all crypto prices tend to follow the direction of the Bitcoin price.

Where to Buy Utility Tokens

The best utility tokens to buy are to be found online with one of the crypto exchanges or with a broker. Exchanges tend to offer bigger ranges of tokens, but can be intimidating for the beginner. When it comes to how to buy utility tokens simply and safely, we recommend global broker eToro.

eToro – Top Regulated Vendor for Best Utility Tokens to Buy


eToro is a global broker with 23m investors. For any investor looking for a balanced approach to their portfolio, eToro offers a useful selection of 3000+ conventional stocks, 250+ Exchange-Traded Funds and a growing suite of 75+ cryptos.

Many of key utility tokens find their place here, including all that we have reviewed above. eToro’s quality selection of crypto spans Defi tokens, metaverse coins, meme coins and the major blockchain coins like Bitcoin, Ethereum, Solana and Cardano.

What makes eToro stand out is that it is a leader in the field of social trading platforms. With eToro, investors of all skill levels get to hook up with other investors on chat feeds to swap advice (and reassurance sometimes!).

etoro crypto home

Best of all, with eToro, investors can copy more experienced traders for free using eToro’s CopyTrader facility. You can browse through over 600 crypto traders, pick the ones you want to copy, and the software will use your allocated funds to match their trades in real-time. For free! You can copy as many traders as you like, and stop copying at any time.

Another key part of eToro’s social trading is its range of 8 crypto Smart Portfolios. Devised by eToro experts, each is a holding of 3-20 crypto which takes a particular angle on crypto investing.

Particularly striking about eToro is its level of regulation. Unlike many crypto exchanges, broker eToro offers global regulation. It is covered in the US by FinCEN, in the UK by the FCA, in Europe by CySEC and in Australia by ASIC.

Finding the best utility tokens to buy is hard enough without dealing with an unregulated vendor; regulation means investors can buy without fear of fraud or company collapse.

Cryptoassets are a highly volatile unregulated investment product.

How to Buy Utility Tokens on eToro

As one of the best altcoin exchanges, eToro’s buying process is really simple. Just follow four steps to buy the best utility tokens:

1. Sign up with eToro

Head over to eToro.com. Sign in with Google or Facebook, or supply some simple personal details.

2. Verify your ID with eToro

You will need your government ID or passport handy.

3. Deposit Funds with eToro

You can deposit USD into eToro with no currency conversion charge.

4. Buy Enjin Coin with eToro in Seconds

Find your chosen utility token on eToro by entering its name in the top toolbar. We use metaverse token ENJ as an example in the illustrations below.

Click on the logo to access the token’s eToro homepage, or head straight to purchasing by pressing ‘Trade Now’.

Simply enter how much you want to spend and press ‘Open Trade’. Your utility tokens will be delivered straight away to your eToro portfolio.

Cryptoassets are a highly volatile unregulated investment product.


Above we have considered ten examples of utility tokens. We have considered the key question of where to buy a utility token and suggest that top-regulated broker eToro is a great place to start.

From among the best utility tokens to buy, the most promising example we have unearthed is AiDoge. The upcoming project is currently in its presale round and is available to purchase at a discount, relative to its future listing price.

AiDoge (AI) - Meme Generation Platform

Our Rating

AiDoge crypto logo
  • Create & Share AI-Generated Memes
  • Newest Meme Coin in the AI Crypto Sector
  • Listed on MEXC, Uniswap
  • Token-Based Credit System
  • Stake $AI Tokens to Earn Daily Rewards
AiDoge crypto logo


What is a Utility Token?

Are Utility Tokens a Good Investment?

What is the Main Utility of the CHZ Token?

Why Buy a Utility Token?

Can Utility Tokens be Traded?

Do Utility Tokens Increase in Value?

Is XRP a Utility Token?

What is the Difference Between Utility Token and Security Token?

What are Utility Tokens Used For?

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