If you want to engage in cryptocurrency without spending on costly mining rigs or graphics cards, CPU mining could be the ideal option to begin. Certain cryptocurrencies are created to be mined utilizing only the standard processor of your computer, which enhances accessibility for anyone who possesses a computer and internet access.
However, prior to beginning your mining, you must first purchase a few of these “CPU-friendly” cryptocurrencies. So, where can you purchase them on the internet? Here’s a summary of the top spots to acquire these coins and additional details about the ones you can mine with your CPU.
What Are CPU Crypto Coins?
No investment is required when it comes to investing into this kind of cryptocurrency. Other forms of mining use ASICs or GPUs that require certain hardware that is expensive and only available to serious miners whereas CPU mining is open to all types of users that use basic computers.
These CPU-based coins typically use a mining algorithm that is optimized for processors, making them more accessible to everyday people. The idea behind CPU mining is to keep the process decentralized, preventing large-scale mining operations from taking over networks.
Some of the Popular CPU-Minable coins are:
Monero (XMR)
RandomCoin
Raptoreum (RTM)
TurtleCoin (TRTL)
Why Should You Buy CPU Crypto Coins?
Here are some of the reasons that why you should look into CPU Coins:
- Low costs
- More Fair
- Eco-friendly
- Easy to start
Tips before Buying:
- Research the specific coin you are interested in
- Use Wallets to store your coins securely(e.g. Exodus, Ledger).
- Always ensure that the platform is reputable to avoid scams.
Where to Buy CPU Crypto Coins Online?
If you’re looking to buy CPU-based cryptocurrencies, there are several trustworthy platforms where you can do so. While most of these platforms don’t directly facilitate mining, they make it easy to buy and trade coins that can be mined with a CPU.
Here are some popular exchanges from where you can buy CPU-Minable coins:
Binance
Binance ranks as one among the largest and most prominent exchanges for cryptocurrencies in the world. Though no direct mining activities take place on this platform, one can buy many CPU-minable coins like Monero (XMR). Once the coins are purchased, they can be held, traded, or even mined from the user’s computer.
How to buy CPU-based coins on Binance:
- Set up an account.
- Deposit funds (either fiat or cryptocurrency).
- From the range of trading pairs available, buy the coin you want-women market like the XMR.
Strongly secured and easy to use, Binance is a great exchange choice for beginners and pro traders alike.
- How to buy: create an account, deposit funds (via bank transfer, credit card, or crypto), and buy Monero (XMR) or other CPU-minable coins.
Kraken
Another option is Kraken, an established cryptocurrency exchange that supports Monero (XMR), known for efficient CPU mining. It is user-friendly, safe, and allows fiat and crypto deposits.
How to buy CPU coins on Kraken:
Sign up and complete identity verification.
Transfer money to the trading account.
Buy XMR and/or other CPU-friendly coins on the platform.
Kraken also offers you staking, which allows you to earn passive income on certain coins.
Gate.io
Gate.io is a worldwide crypto exchange site with many altcoins on offer, including several that can be mined by CPU, such as Raptoreum (RTM). The platform may look slightly complicated for crèmes beginners but offers many lesser-known altcoins that are perfect for CPU mining.
• How to buy:
Register for an account.
Deposit funds (either considering cryptocurrency or fiat).
Choose from an assortment of trading pairs and purchase whatever coin you desire.
Gate.io has margin trading and token lending as well, so more advanced traders can take advantage of that too.
KuCoin
KuCoin is another major player in the cryptocurrency exchange world; it provides an array of altcoins, including CPU-minable coins. KuCoin is easy to navigate. Once you buy your coins, you can hold those coins or trade them against other cryptocurrencies.
• How to get started:
Sign up and verify your account.
Deposit into your account.
Find the CPU-based coin you want to buy and trade it for your purchase.
KuCoin also has staking options; thus, you might earn passive income over time holding certain coins.
Hodl Hodl
It is a peer-to-peer (P2P) exchange where you can buy and sell coins directly with others. It’s a great option if you’re interested in privacy coins like Monero (XMR), which is a popular CPU-minable coin. Hodl Hodl doesn’t hold your funds, so it’s considered safer than other exchanges.
How to use Hodl Hodl:
- Sign up for an account.
- Browse through offers from other users.
- Select a payment method and complete your purchase directly with the seller.
Hodl Hodl is definitely a more privacy-focused option, so it’s worth considering.
Other Platforms Worth Checking Out:
If you want to explore more options, here are some smaller platforms that will offer you CPU-minable coins you are looking for:
- TradeOgre
- Bittrex
- Mercatox
Special Mining Pools for CPU Coins
If you’re planning to mine CPU-friendly coins instead of just buying them, there are some platforms where you can get involved in mining directly:
MineXMR
It is a well-known mining pool that’s dedicated to Monero (XMR) mining. It’s a great choice for anyone who wants to mine with their CPU.
SupportXMR
SupportXMR is another excellent mining pool for Monero (XMR). It offers low fees and has a large community of miners.
Final Thoughts
Buying CPU crypto coins is actually a lot easier than it sounds. You don’t need to be a mining expert to get started—you just need to choose a platform, buy your coins Platforms like Binance, Kraken, and KuCoin are solid choices for purchasing these types of coins, and if you value privacy, Hodl Hodl could be right up your alley.
Remember, as with anything in the crypto world, always do your research before making any investment, and make sure you’re using trusted platforms. Whether you’re looking to buy Monero, Raptoreum, or any other CPU-friendly cryptocurrency, the world of CPU mining is ready and waiting for you.