MaidSafeCoin is part of a more significant project to create a decentralised but safe internet. This year, the value of one coin surpassed $1 for the first time since 2015, resulting in many crypto enthusiasts developing an eager eye to see if it’s worth buying.
Before you purchase MaidSafeCoin, it’s worth doing a little research. And if that’s what you’re doing at the moment, you’re in the right place. On this page, you’ll discover where to buy MAID and whether it’s safe to do so. We’ll also talk about how you can store the coin, and much more.
Best Brokers to Buy MaidSafeCoin in 2023
When you’re ready to buy MaidSafeCoin, you’ll find a selection of platforms on which to purchase the currency. To help you pick the best option without having to spend hours researching, we’ve listed the best providers below.
| Name | Score | Visit | Disclaimer | |
|---|---|---|---|---|
 | 8.7 | Visitetoro.com | Don’t invest unless you’re prepared to lose all the money you invest. | |
 | 9.8 | Visitplus500.com | 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | |
 | 9.0 | Visitpepperstone.com | Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
 | 8.8 | Visiteightcap.com | ||
 | 8.3 | Visitwebull.com | ||
 | 8.4 | Visitcoinbase.com | ||
 | 7.4 | VisitChangelly.com | ||
 | 8.4 | Visittrading212.com | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
Not all financial instruments described on this website may be available for trading on the Plus500 platform. Always consult the Plus500 website at https://www.plus500.com/en/Instruments/ and platform for up-to-date information.
What Is the Difference Between Buying and Trading MaidSafeCoin?
To those who aren’t familiar with cryptocurrencies, buying and trading are often used interchangeably. However, they are not exactly the same thing. Below is a brief outline of the key differences.
Buying MaidSafeCoin: You own the coins outright after purchasing.
You can store your coins in a wallet.
You will usually buy your coins from a cryptocurrency exchange.
Trading MaidSafeCoin: You do not own the coins outright after buying.
You speculate on price movements and trade the underlying assets.
You do not need to store your assets in a wallet.
How to Buy MaidSafeCoin Online?
When you’re ready to buy MaidSafeCoin, doing so is relatively straightforward. Follow the steps below:
Step 1: Find Exchange
Step 2: Sign Up
Step 3: Deposit Funds
Step 4: Buy
How to Trade MaidSafeCoin?
Getting started with trading MaidSafeCoin is a little different from buying it. However, everything is still fairly straightforward if you follow these steps instead of the ones written above:
Step 1: Find a Broker
Step 2: Sign Up
Step 3: Deposit Funds
Step 4: Trade
Step 5: Buy
What Are the Different Ways to Pay for MaidSafeCoin?
MaidSafeCoin isn’t available on as many exchanges as larger cryptocurrencies such as Bitcoin. As such, it’s important to consider the different ways to deposit money into your account and buy MAID, as they might not be the same as you’re used to.
Below, you’ll find the different ways you can pay for MaidSafeCoin.
Other Cryptocurrencies
If you already own other cryptocurrencies, some exchanges will let you deposit into your account using these. You can also use them to directly exchange for MAID.
- Instant transactions
- Lower fees
- More anonymous than some of the other payment methods on this list
- Transactions are irreversible
- You either need to have cryptocurrencies first or buy these with fiat money
Apple Pay
Apple Pay is arguably the most convenient payment method for depositing money into your account to buy MAID. After confirming how much you want to add, choose this payment option and verify the payment on your Apple device.
- Instant transactions
- Secure
- Easy to use
- You must have an Apple ID
- Not accepted at every cryptocurrency exchange
Debit /Credit Card
Another simple way to fund your account for buying MAID is with your debit or credit card. All you have to do is select how much you want to deposit before choosing Visa or Mastercard as a payment option and then enter your card details.
- Easy to use
- Widely accepted across most crypto exchanges
- Relatively fast transactions
- Higher deposit fees in most cases
Bank Transfer
If you don’t want to share your card details, most cryptocurrency platforms will also let you add funds via bank transfer. Instead of picking a debit/credit card when you deposit, choose the option that will let you add money directly from your bank account.
- Easy to use
- Widely accepted
- Secure transactions
- Longer transaction times; you’ll normally have to wait 1-5 business days
- Less anonymity than some of the other options on this list
What to Consider When Buying MaidSafeCoin
When buying MaidSafeCoin, you will have several things to consider. We’ve listed the most important of these below.
Coin Delistings: Many cryptocurrency exchanges in the US have delisted MaidSafeCoin, meaning you can’t buy the currency from them. In addition to having to look deeper to find the coins, it’s also worth remembering that others might do likewise in the future and you may have to find an alternative way to sell your coins.
Deposit Fees: When you add money to your account on a crypto exchange, you will usually have to pay a deposit fee. This will depend on the payment method you use and the platform you signed up for, so make sure you do prior research.
Volatility: MaidSafeCoin is a volatile currency, and prices can fluctuate significantly in little time. So, while you could generate large profits, you might also lose a lot of money.
Maker/Taker Fees: When you buy and sell cryptocurrencies, you must pay a maker or taker fee. Many platforms will tier these, and the percentages will drop if you trade higher volumes within a 30-day period.
Long-Term Holding: Long-term holding refers to keeping your coins for longer than 12 months because you see long-term opportunities. This is also known as holding on for dear life (HODL).
Short-Term Holding: Short-term holding means that you expect to sell your coins in less than 12 months.
Is It Safe to Buy MaidSafeCoin Online?
However, it’s important to remember that cryptocurrencies are frequently targeted by hackers, so you should take extra steps to safeguard your accounts. We’ve listed some of the things you can do below:
Enable Two-Factor Authentication: Having two-factor authentication (2FA) on your accounts will ensure that if someone successfully guesses your login details, they still have to get past another layer of security. This might be something like verifying that it’s you via an SMS code.
Research Common Scams: To avoid scams, you must first be aware of them. Researching the most common scams will ensure that you will be able to spot the signs and stop scammers in their tracks.
Be Careful When Asking for Advice: Generally speaking, you should try to stick to official websites and forums when asking for advice. If you use an unofficial website, we recommend that you pay extra attention when clicking on links and such.
Pass on Only the Necessary KYC Documents: When you complete a KYC test, you’ll have to send proof of photographic ID, such as a passport or driving licence, as well as something that confirms your home address. Other than that, avoid sharing anything.
How to Store MaidSafeCoin?
After buying MAID, we recommend that you store your coins in a wallet. Doing so will help you avoid losing them if a hack occurs to an online exchange.
Different kinds of wallets exist, and we’ve listed these below.
Hardware Wallets: When you use a hardware wallet, your coins will be stored offline and you’ll keep your login details on a separate device.
Software Wallets: Contrary to hardware wallets, software wallets keep your coins online. These are often known as “hot wallets”, whereas hardware and paper are known as cold wallets.
Paper Wallets: When you use a paper crypto wallet, all of your codes will feature on a sheet. Like hardware wallets, your coins are stored offline.
How to Sell MaidSafeCoin?
When you’re ready to sell your MAID coins, it’s a good idea to know what your options are. Below, we’ve listed the different ways you can do so.
Cryptocurrency Exchanges: If you created an account with a cryptocurrency exchange, you might choose to sell your MaidSafeCoins there. Move them from your wallet onto the platform and submit a selling order. You shouldn’t have to wait long for everything to be completed.
P2P Platforms: Peer-to-peer (P2P) platforms are an excellent way to quickly sell your MAID coins. In some cases, you can use this method to sell for cash. When you sell via a P2P exchange, another user will purchase your coins from you.
Is It Worth Buying MaidSafeCoin Right Now?
MaidSafeCoin surpassed $1 in May 2021 but has since dropped quite significantly. Although the project is an interesting proposition, especially in an era in which many users question their online security, it has become quite difficult to purchase MAID.
Unless you truly believe that the currency will yield results for you, we recommend looking at other options.
Conclusion
MaidSafeCoin is a little trickier to purchase than other cryptocurrencies, but it is by no means impossible to do so. In light of everything we’ve discussed here, we recommend that you use one of the platforms listed in the table to purchase MAID. It is also a good idea to buy your coins using another cryptocurrency since you’ll pay lower fees and complete the transaction faster.
