How to Buy EigenLayer (EIGEN) in 4 Steps

EigenLayer is a protocol built on Ethereum that introduces “restaking,” enabling ETH stakers to extend Ethereum's security to additional applications

EigenLayer (EIGEN) is a new cryptocurrency that enables stakers to allocate their staked ETH or Liquid Staking Tokens (LSTs) to secure various Actively Validated Services (AVSs) in exchange for additional rewards. This approach allows new projects to leverage Ethereum's robust security without establishing their own validator networks, fostering innovation and reducing capital costs. EigenLayer provides a shared security infrastructure that supports diverse applications, including data availability layers, decentralized sequencers, bridges, and oracles.

Developers can build on EigenLayer to access Ethereum's staked capital base and decentralized validator set, enabling new mechanism designs and services. Stakers, in turn, can earn additional rewards by participating in securing multiple protocols simultaneously, enhancing capital efficiency within the Ethereum ecosystem.

Here's a step-by-step guide on how to buy EigenLayer (EIGEN) in 4 steps:

1. Choose a Cryptocurrency Exchange that Supports EIGEN

To begin purchasing EigenLayer (EIGEN), you must first select a cryptocurrency exchange that offers EIGEN. Several exchanges support EIGEN trading, each with varying fees, features, and availability in different regions. Here are some of the top exchanges where you can buy EIGEN:

Coinbase (COIN +3.59%): Established in 2012, Coinbase is a leading platform for buying, selling, and managing over 250 cryptocurrencies. As a Nasdaq-listed company, Coinbase offers users transparency and trust. The platform supports advanced trading tools, zero trading fees for Coinbase One members, and rewards programs that allow users to earn up to $400. With $226 billion traded quarterly, Coinbase is a major player in the global crypto market.

Coinbase operates in over 100 countries, including Australia, Canada, France, Germany, the Netherlands, Singapore, the United Kingdom, and the United States (excluding Hawaii). With top-tier security, cold storage, and educational tools, it’s a trusted platform for both beginners and advanced traders. Accessible, secure, and user-friendly, Coinbase is a global leader in crypto management.

Read our Coinbase Review or visit Coinbase.

Kraken: Founded in 2011, Kraken is one of the most trusted names in the cryptocurrency industry. It has over 9,000,000 users and over $207 billion in quarterly trading volume.

From humble beginnings, Kraken now offers over 200 digital assets, including EigenLayer (EIGEN). For more sophisticated investors, Kraken also offers futures and margin trading.

Kraken has continued to evolve its platform and commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens.

Kraken provides trading access in over 190 countries, including Australia, Canada, Europe, and the United States (excluding New York and Washington state).

Read our Kraken Review or visit Kraken.

Binance: Binance is one of the world's largest and most well-known cryptocurrency exchanges. The benefits of purchasing EigenLayer (EIGEN) here are lower fees than competing exchanges and increased liquidity, enabling you to buy and sell quickly to take advantage of market-moving news.

Use Discount Code: EE59L0QP for 10% cashback on all trading fees.

This exchange is best for investors residing in Australia, Singapore, the UK, and internationally. Canadian and USA residents are prohibited.

Read our Binance Review or visit Binance.

KuCoin: KuCoin is a well-known name in the industry and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto-to-crypto trading. It now offers a varied range of services, including a P2P exchange capability and purchasing with credit or debit cards.

KuCoin currently offers EigenLayer (EIGEN) cryptocurrency trading and over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens.

USA Residents are Prohibited.

Read our KuCoin Review or visit KuCoin.

Gate.io: Established in 2013, Gate.io has grown into a reputable trading platform. While it is not the most popular exchange, it provides users with an easy-to-use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange boasts many altcoins, including EigenLayer (EIGEN), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation.

This exchange currently accepts Australian & UK residents.

USA & Canada residents are prohibited.

2. Create an Account on the Exchange

Once you have selected a cryptocurrency exchange that supports EIGEN, you can proceed to create an account on the platform. The steps for creating an account may vary slightly depending on the exchange you choose. However, generally, you will need to provide your email address, create a password, and complete