Where and how to buy ICON in Iceland
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a ICON order through any of the various payment options provided.
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
Step 4:Monitor ICON in your Bitget spot account
Alternative methods to obtain ICON in Iceland
Convert crypto to ICON with Bitget Convert
Swap on-chain assets to ICON with Bitget Swap
Methods to obtain ICON for free
Buy other cryptos
Buy ICON in a different country
How to buy ICON in other countries?
What can you do with ICON?
Store/Hold ICON
Many users hold on to their ICON with the expectation of it increasing in value. You can store your ICX safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade ICON
You can trade ICON for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for ICON trading to meet your needs.
Send ICON
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy ICON online and send to anyone and anywhere with their ICON address.
Spend ICON
You can also buy goods and services with your ICON. More and more vendors and retailers accept ICON every day.
Donate ICON
Bitget Charity accepts ICON donations for global projects that aim to improve the lives of people in the bottom billion. You can donate ICON so no one misses out on the growth made possible by blockchain.
Learn More About ICON
You can read more in-depth articles on ICON from Bitget Research and study how cryptocurrencies like ICON work on Bitget Academy
Market stats to assist in determining optimal times for purchasing ICON
What Is ICON (ICX)?
ICON is a Layer 1 blockchain network created by the South Korea-based ICON Foundation in 2017. It aims to facilitate interaction and interoperability among independent blockchains, which are referred to as communities within the platform. The ICON network, also known as the "ICON Republic," serves as a nexus for various blockchain communities from different sectors such as finance, healthcare, and security to converge. It is designed to mirror real-world economies, providing a platform for different economic actors to issue and control their own forms of value under the rule systems they select, aiming to "hyperconnect the world." ICON's innovative approach facilitates the interaction of independent blockchains, allowing them to transact on a single network and overcome the limitation of isolated networks hindering widespread adoption of blockchain technology.
How ICON (ICX) Works
The ICON network uses a unique consensus mechanism called Delegated Proof of Contribution (DPoC), powered by a loop chain algorithm called loop fault tolerance (LFT), which enhances transaction speed by streamlining block generation and validation. The network comprises components such as Public Representatives (P-Reps), ICONists, and proposal systems, all working together to maintain integrity and transparency. P-Reps are responsible for governance and block production, elected based on the number of votes they receive from coin holders. ICONists are voters who elect P-Reps and participate in shaping the network's long-term vision. Additionally, the network employs a decentralized grant program, the Contribution Proposal System (CPS), and the Network Proposal System (NPS) to support a dynamic governance structure.
How Many ICON (ICX) Tokens Are in Circulation?
ICX has a total supply of 967,068,330. The current circulating supply of ICX is 967,068,267.
How to Buy ICON (ICX)
Consider investing in ICON (ICX)? It only takes 2 minutes to create an account on Bitget and start trading ICX.
Check out the available ICXL trading pairs on Bitget!
Spot market
ICON (ICX) Resources
Buy ICON in Iceland with Bitget
How to safely store your ICON
- Sign up and transfer ICX to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your ICX.
How to withdraw ICON with Bitget's hassle-free withdrawal process
Iceland is a Nordic island country that lies between the Atlantic Ocean and the Arctic Ocean. It is a small country with less than 400,000 people living in a land of 103,000 km2. Nonetheless, the country is the home to more than 200 volcanoes and one-third lava flow of the world. If you want to escape the ordinary, Iceland is the place. You can visit geothermal indoor swimming pools in the capital Reykjavík, watch whales in Húsavík, explore the unspoiled nature of the Westfjords, marvel at boiling volcanoes lying among icy water in Reykjanes, or simply go island hopping and hunt northern lights all over the country.
Icelandic is the only national language of Iceland, but you can find many people being able to speak good English in the country. The national currency of Iceland is Icelandic króna (ISK). No matter what exciting destinations you are in Iceland, you can use ISK to buy ICON(ICX) as well as other tokens securely and fast with Bitget. The exchange provides a few payment methods for you to choose from, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and credit cards.
ICX to local currency
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