The interest to buy Quant has grown among investors attracted to the asset’s goal of connecting blockchains and networks on a global scale.
This guide will discuss Quant’s investment potential and the best crypto platforms offering the lowest fees in 2022.
How to Buy Quant – Quick Steps
Wondering how to buy Quant on eToro? Follow these quick steps below:
- ✅Step 1: Open an account with eToro: Go to the eToro home page and click on “Join Now.” Enter your email and password.
- 💳 Step 2: Deposit: eToro allows you to deposit funds using bank transfers, cards, and payment processors.
- 🔎 Step 3: Search for Quant: Go to the search bar and type in “QNT.”
- 🛒 Step 4: Buy QNT: Click on “Open Trade,” enter the purchase details, and click on “Trade.”
Where to Buy Quant
Let’s examine where to buy Quant crypto. While many crypto exchanges let you buy cryptocurrency, the following are the best of the bunch.
- eToro: The Best Place to Buy Quant
- Crypto.com: Best Crypto Exchange with Low Fees
- Binance: The Crypto Market’s Biggest Exchange
- Coinbase: Great Crypto Exchange For Beginners
1. eToro: The Best Place to Buy QUANT
eToro kicks off our list of where to buy Quant. The platform is incredibly easy to use and offers many benefits that make it ideal to invest in QNT.
Launched in 2007, eToro currently operates offices in several countries worldwide. The platform offers access to several cryptocurrencies. eToro has operational licenses from several top-tier regulators – including the UK’s Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).
The broker is suited for many newbie investors looking to invest in QNT as the platform is very easy to use. eToro comes with a great user interface and optimal security features to protect your funds.
Also beneficial is the fact that eToro offers tight spreads on trades. So, you can buy and sell QNT on the platform without having to forgo any of your profits due to paying any fees. eToro was one of the first brokers to offer proper commission-free trades. This popular crypto broker supports over 45 cryptocurrencies, so you can buy Celo, QNT, DOGE, and more with ease.
Another impressive feature for eToro is the CopyTrader function. Based on this feature, each investor gets the opportunity to copy the trades made by several top traders on the platform. So, when they make money from the market, you do so as well. The feature is especially great for newbies – who make profits while learning how to trade effectively.
All in all, eToro is considered a low-risk option for investors who want to get into the crypto market and make money. It doesn’t have the range of cryptocurrencies that most crypto-focused brokers offer, but eToro manages to get the job done – especially if you’re trying to invest in QNT.
Cryptoassets are a highly volatile unregulated investment product.
2. Crypto.com: Best For Low Fees
While it might not be as popular as eToro, Crypto.com is another top crypto exchange if you’re looking for how to buy QNT.
Based in Singapore, Crypto.com has been operating since 2017. The exchange has an operating license from the Malta Financial Services Authority (MFSA) – the top financial regulator on the island of Malta. Crypto.com also operates seamlessly across over 50 countries.
As you would expect, liquidity is no problem for Crypto.com. The exchange allows you to buy Quant in seconds, so you don’t need to worry about your order being stranded. Crypto.com is also easy to use, making it an ideal option for beginners looking for where to buy Quant crypto.
The platform support over 150 cryptocurrencies and hundreds of trading pairs. Crypto.com charges no fees on transactions, and its trading fees are among the lowest in the market. So, you can save a great deal of money – both on the Quant price and on trading fees.
As for security, Crypto.com uses several measures – including multi-factor authentication (MFA) and whitelisting- to keep your funds safe. Of course, you will need to maintain a strong password and protect your account as well. The exchange also uses top-notch compliance monitoring measures and stores 98% of deposits in coid wallets to protect against losses and hacks. Customers’ dollar balances are insured up to $250,000.
Cryptoassets are a highly volatile unregulated investment product.
3. Coinbase: Great Crypto Exchange For Beginners
Another name that requires no introduction in the crypto space is Coinbase. While Binance rules the world in trading volumes, Coinbase comes second. And, in the North American market, no other exchange has as much sway as Coinbase.
Operating since 2012, Coinbase is based in San Francisco. The company is registered with the Securities and Exchange Commission (SEC), and the UK’s Financial Conduct Authority (FCA) recognises it as a money transmitting business. Even better, Coinbase is a publicly-traded company.
Coinbase’s biggest benefit is that it is very good for beginners. The platform is well laid out, allowing you to navigate the platform easily. With a minimum balance of $2, Coinbase makes it easy for you to make purchases and trade. The platform offers access to several trading pairs, so speculating after you invest in QNT will be easy.
Like Binance, Coinbase also has a service that caters to professional traders. Known as Coinbase Pro, this trading platform supports all of the coins available on the main Coinbase service. Coinbase Pro is easy to use and very quick to help you get set up. Once you do, you’re free to browse through the service’s offering of trading features.
Another impressive benefit of Coinbase is its suite of additional services. From its Coinbase card that allows customers in select countries to spend their coins to the Coinbase Custody service that helps institutions manage their portfolios, this company has built a tool that caters to every type of investor in the market.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
4. Binance: The Crypto Market’s Biggest Exchange
To avid cryptocurrency investors, Binance needs no introduction. This platform is the biggest crypto exchange globally by daily trading volumes, hitting billions of daily trades.
Binance was founded in 2007 in China. The company has moved its base to Hong Kong, then to Malta. Now, it operates as a floating entity. Despite having no licenses, Binance operates across over 100 countries worldwide. The platform is easily one of the most recognisable names in crypto.
As an investor, Binance offers everything you need to invest in QNT. The exchange is highly liquid, ensuring that you complete your order in seconds. Binance also offers access to hundreds of trading pairs, so you can rotate in and out of QNT as you please.
The minimum balance on Binance is just $1, so you can get started with buying QNT with a low amount. This is one of the exchange’s primary benefits. Instead of spending so much to invest in QNT, you can get started with whatever amount you have.
When you grow in the market and decide to trade with the coins you have, Binance offers a Binance Pro section where you can access its top offerings. The service allows you to trade different order types, and you can even access derivatives and other sophisticated trading instruments if you’re feeling confident in your ability.
Thanks to its trading interface, Binance has become popular. Only a few crypto exchanges can match it in that regard, and it holds its top position to this day.
Cryptoassets are a highly volatile unregulated investment product.
What is Quant?
Now that you know where to buy Quant, let’s consider what the asset is and why it appeals to investors.
QNT is the native token for the Quant protocol. The asset, which filed for a patent in late 2017, is a blockchain platform that looks to improve the sharing and storage of information.
Quant was designed by Gilbert Verdian – a computer scientist who was looking for a way to improve global data exchange and transmission. Verdian identified the issue while working for both the British and Australian governments. He believed that blockchain could help solve these challenges and thus was born the vision for the Quant protocol.
The Quant protocol focuses primarily on removing the barriers preventing blockchains from communicating. With the Overledger functionality, the blockchain allows developers to access other chains – including Ethereum, Bitcoin, and the Ripple Ledger. So far, Quant is one of the protocols that have come closest to solving the interoperability issues between blockchain services.
Quant operates by matching blockchain layers to their best-suited tasks. Layers available on the platform include:
- The transaction layer: This is where data storage is most important. Once a transaction is validated here, it can’t be unvalidated.
- The messaging layer: This layer handles information transfer. It processes metadata, smart contract data, and transaction data.
- Ordering and filtering layer: This layer also handles messages. But, unlike the messaging layer, it filters these messages into specific results since it is the only layer that handles the validation of off-chain messages on the Quant protocol.
To support the Quant protocol’s operation, QNT acts as its native blockchain token. The coin offers digital access to specific services and applications. Fees are also paid in QNT, making the asset very important to the Quant protocol’s overall operation.
Is Quant a Good Investment?
Below are some reasons why you should consider purchasing the QNT token:
1. Asset backed by impressive blockchain
Crypto experts will recommend that you only invest in projects that have use and potential – especially if you’re a long-term investor. The Quant protocol has found an impressive use case, offering a glimpse into a brighter future.
With blockchains expected to get smarter and possibly collaborate over the next few years, we’re seeing a lot of reasons for investors to back the Quant protocol through QNT.
2. Earn passive income
QNT is a proof-of-stake(PoS) coin. So, if you’d like to earn passive income through staking, you can buy Quant.
Crypto staking is an awesome way for you to earn passive income with crypto. Here, you pledge coins to a blockchain protocol, and your wallet could be selected to mine the asset. So, it is a low-cost, energy-effective way to mine coins.
3. Build on the future of blockchain
The Quant protocol hopes to improve blockchain interoperability. This will be critical in ensuring that the blockchain industry survives. As far as top use cases go, this is up there.
Interoperability is an important part of the blockchain space’s future. If anything, blockchains have shown that they can’t operate alone. They need to connect to other platforms, sharing data and resources. Quant protocol ensures that this is possible, allowing blockchain platforms to collaborate effectively.
4. A bargain price right now
QNT is currently trading at 70% of its all-time high. So, there are many benefits right now, and you could invest in QNT for a huge gain.
Thanks to the price drop, QNT is currently trading below most of its simple moving average (SMA) indicators. The asset also has a negative moving average convergence divergence (MACD).
All of these might be a concerning trend for investors, but it’s also worth noting that QNT’s relative strength index (RSI) is 39.41. The asset is quickly approaching oversold levels, marking a possible entry for investors.
5. Great for developers
If you’re interested in building a decentralised application (dApp), the Quant protocol is also great for you. Eventually, you’ll need to find how to invest in Quant, and QNT is a great way to do so.
Quant has also inked a partnership with SIA – a payment network facilitating remittances across Europe. The partnership is expected to create a network where central bank digital currencies (CBDCs) can effectively collaborate in the future. With more countries exploring CBDCs, this is a pretty big deal – and a positive sign for Quant’s future.
Quant Crypto Price
Currently, the Quant price stands at $117.7. This is a drop of 1.92% in the past 24 hours. The drop is understandable since the broader market is also turning bearish once more – with a drop of 3% in the past 24 hours.
With most large-cap coins going down, it’s no surprise that Quant is trending in the same direction. After ranging between $126.8 and $134.4, QNT has followed the market’s trend and gone downwards.
Quant Crypto Price Prediction
Different platforms have given their predictions about the Quant price and what it could be in the near future.
Some market analysts have a bullish forecast for the Quant price, expecting a peg of $307 in a year and $1,049 in the next five years. PricePrediction is also bullish on QNT, expecting a price of $178 by the end of the year and $1,021 in the next five years.
Quant Crypto Video Analysis
Ways of Buying Quant
Now that you know where to buy Quant, let’s consider the different purchase methods.
1. Buy Quant With PayPal
PayPal is one of the most preferred options for investors looking for how to invest in Quant. It is an especially convenient means of payment because you can fund your crypto account with funds in your PayPal from the comfort of your home and Quant. PayPal is also highly ubiquitous, and most exchanges and brokers offer PayPal as a funding option.
The only thing you need to consider with PayPal is the fees. Charges for transactions tend to vary based on your location, and you want to make sure that you’re not being overcharged. Once you do, you can proceed with your purchase.
2. Buy Quant With Credit Card or Debit Card
Like PayPal, credit and debit cards are also loved for convenience and ubiquity. Most people today have credit cards, and most platforms that allow you to invest in QNT also make it possible to fund your crypto account with your card.
The primary pull for credit cards is that they are convenient and instant. You can send money and fund your wallet instantly, so you don’t have to wait before buying QNT.
However, you need to be careful with the transaction fees on this method. Card manufacturers charge different fees based on different factors- from your location to the transaction size and more. Examine the applicable fees and proceed.
Best Quant Wallet
When you eventually buy Quant, you also need to find a way to store it. This is where wallets come in. There are different types of wallets available, including:
- Hardware wallets: Physical devices that store your coins. They’re not connected to the internet, so they’re more secure.
- Software wallets: Services installed on your computer that allow you to store your BTC and make seamless transactions.
- Mobile wallets: These types of wallets are built into your mobile phone. They make transactions convenient.
We recommend using the eToro Money crypto wallet if you want to choose one. Like eToro, the wallet is very easy to use. It also improves the ease of making transactions, and you get access to top-notch security features like multi-factor authentication. eToro Money is undoubtedly the gold standard when it comes to crypto wallets.
eToro Money allows you to send and receive money to and from any wallet at all.
eToro Money is covered with security features like two-factor authentication (2FA) and analytic behaviour machine learning. The wallet also employs multiple levels of encryption – especially for activities like making payments and processing transactions.
It is worth noting that the wallet doesn’t give you control of your private keys. It holds on to the keys so it can reduce the chances. But, if you lose access to your account, the eToro Money wallet has a recovery process that you can follow to gain access again.
You should also note that there are limits on transactions. The wallet requires that you send maximum transactions of $10,000 in value. There is also a daily transaction limit of $20,000 – a number that rises to $50,000 monthly.
How to Buy Quant – Tutorial
Now, let’s consider how to buy Quant. We’ll be using eToro for this guide:
Step 1. Sign Up
Go to the eToro homepage, and click on “Join Now.” Enter your email and password, and eToro will send an email asking you to confirm your account. Once you’re done with the confirmation, you can access the account and proceed.
Step 2. Verify Your Identity
As a regulated platform, eToro requires that you verify your identity. While you might be able to use the broker without verifying your identity, you will be unable to access the full scope of your transaction.
Click on the “Verify” button on the prompt and proceed. You will need your government-issued ID and proof of residence.
Step 3. Deposit Funds
Click the “Deposit” button on the profile page. eToro allows you to deposit using bank transfers, online payment processors, and cards. We recommend using cards because they’re more generally accepted.
eToro has a $10 minimum balance for users in most countries. But, this might vary based on your location. We recommend checking their support page for details of minimum balances based on your location.
Step 4. Buy Quant
Type “Quant” in the search box. Click on “Open Trade”, enter how much you’d like to buy, then click on “Trade”.
Your QNT should be added to your wallet immediately.
How to Sell Quant
Just as it is with buying, selling Quant on eToro is easy. Once you have the QNT in your wallet, click on the “Portfolio” button to see all the units you have.
- Select Quant among the assets in your portfolio
- Click on the red cross on the right side to close the trade
- eToro will show a pop-up displaying the coin’s value and your profit or loss if you close the trade
- Click on “Close Trade,” and the money will be sent to your wallet.
Quant is a solid crypto project with a bright future. It aims to solve an important problem by ensuring proper interoperability between blockchains. And, there’s a lot of hope for it going forward.
If you’d like to invest in Quant, we recommend using eToro. This broker is one of the best in the market, and it makes it very easy for beginners to get started with coins.