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Cryptocurrency News Articles

How to Buy Sonic (S) in 4 Steps

Jan 31, 2025 at 05:05 pm

We list the top 7 exchanges that offer the ability to buy Sonic (S) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).

How to Buy Sonic (S) in 4 Steps

Sonic (S), formerly known as Fantom (FTM), is a layer-1 blockchain designed for speed, scalability, and interoperability. With a new Sonic Chain capable of processing over 10,000 transactions per second with sub-second finality, Sonic aims to provide a seamless and efficient settlement layer for digital assets.

The transition introduces the S token, replacing FTM at a 1:1 ratio, which powers transactions, staking, and governance. Enhanced Ethereum connectivity improves cross-chain functionality, while substantial incentive programs, including an airdrop and a 200 million S token Innovator Fund, support ecosystem growth and dApp development.

With its focus on speed, security, and interoperability, Sonic hopes to position itself as a next-generation blockchain network ready to drive widespread adoption.

To learn more, visit our Investing in Sonic guide.

How to Buy Sonic (S) in 4 Steps

We list the top 7 exchanges that offer the ability to buy Sonic (S) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).

1. Uphold

A top exchange in the United States, Uphold is an experienced and extremely innovative trading platform that should be able to meet your needs for trading across a number of cryptocurrencies, including Sonic (S). Beyond the ease of use and innovative features within the trading platform, what stands out about Uphold is the credibility it has gained in the industry.

Uphold offers both a desktop and mobile app trading experience that is extremely intuitive. The trading view is completely customizable with the assets that you trade the most and is very easy to navigate while providing a modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders.

Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. Just a couple of clicks, and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from a company that prides itself on the usability of its platform. Uphold also provides the ability to execute limit orders.

German & Netherlands residents are prohibited.

Read our Uphold Review or visit Uphold.

2. Kraken

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

From humble beginnings, Kraken now offers over 400 digital assets, including Sonic (S). For more sophisticated investors, Kraken also offers futures and margin trading.

Kraken has continued to evolve its platform, and its 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.

3. 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 Sonic (S) cryptocurrency trading as well as 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.

4. Binance

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

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

Read our Binance Review or visit Binance.

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

5. HTX

Established in 2013, HTX has since become one of the world’s largest digital asset exchanges, with an accumulated trading volume of US $1 trillion. Having once accounted for half of the world’s digital asset transactions, HTX now serves more than 5 million users in over 130 countries around the globe. It should be noted that HTX currently does not accept USA or Canadian residents.

HTX is one of the top exchanges that currently offers Sonic (S) trading opportunities.

Read our HTX Review or visit HTX.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jan 31, 2025