How to buy Icon (ICX) | a step-by-step guide

The ICON project is building one of the largest decentralized networks in the world.

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The author is neither licensed nor qualified to provide investment advice.

This guide is not and should not be interpreted as investment advice, a recommendation regarding a course of action or as an endorsement of cryptocurrency or any specific provider, service or offering. Cryptocurrencies are speculative and complex, and they involve significant risks­—they are highly volatile and sensitive to secondary activity. Performance is unpredictable, and past performance is no guarantee of future performance.

“Hyperconnect the world” – per the ICON website, that’s what this South Korean-based blockchain startup is trying to achieve. They have the ambitious aim to link all the world’s blockchain networks and traditional infrastructures, one that has seen ICX, their native token, receive a lot of hype. In less than a year since their initial coin offering, ICX is currently the 34th largest in the market, at a cap of more than US$260 million.

As a young cryptocurrency, ICX is still a little bit of an unknown, but also presents significant potential for growth. This guide is going to tell you how to get in on the action and invest in ICON.

Although there are many competitors to ICON in the market, this is one of the most successful blockchain networks as of today, considering there are more than 2 thousand altcoins in the world.

Collections are an accessible way to manage your icons library, and the core of our web app. Do you want to know how to use them? Press the right arrow or use the top navigation to watch the guide.

Browse the packs or search icons and add them to your active collection with this button.

This is a list of your collections.

You can change their names, and they are sorted by use.

Click on one of them to start using it.

This is your active collection.

A collection can have up to 256 icons if you are a registered user or 50 if you are not registered.

Access this menu to edit your collection; edit your icons separately, duplicate your collection, sort the icons in your collection or share it with the rest of the world.

Drag & drop your SVGs to the active collection to upload your own icons.

Cryptocurrencies have been nothing if not exciting for many investors.

They have natural appeal: they have gone up a long way, and investors are lured by the apparently chunky returns on offer. Their volatility also offers lots of opportunities for those looking to trade on price movements. If you want to try your hand, here are the steps you need to take.

You can decide to own units of cryptocurrency, or to trade on the price of cryptocurrency. By trading, you can speculate on the price without ever taking ownership, using derivatives trading instruments called cryptocurrency CFDs.

With a unit of cryptocurrency, you have to pay in full for the price of the asset. With trading, you only have to put up a small proportion of your total position size.

Cryptocurrencies have been nothing if not exciting for many investors.

They have natural appeal: they have gone up a long way, and investors are lured by the apparently chunky returns on offer. Their volatility also offers lots of opportunities for those looking to trade on price movements. If you want to try your hand, here are the steps you need to take.

You can decide to own units of cryptocurrency, or to trade on the price of cryptocurrency. By trading, you can speculate on the price without ever taking ownership, using derivatives trading instruments called cryptocurrency CFDs.

With a unit of cryptocurrency, you have to pay in full for the price of the asset. With trading, you only have to put up a small proportion of your total position size.

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ICON (ICX) is very different than most cryptocurrencies.

ICON’s slogan, “hyperconnect the world,” is incredibly logical, as the project aims to create one of the biggest decentralized networks found anywhere, allowing for hyperconnectivity between countries and people. The ICON network already exists, and the project has it growing even more to improve numerous functions. At the moment, just some of the communities on the ICON network include e-commerce, banks, universities, securities, insurance companies, and hospitals. The decentralized applications provide benefits for both these communities and those that will use the network in the future.

Several organizations are involved with ICON, including the ICON Foundation, a nonprofit in Switzerland.

The foundation will support the community in multiple ways and led the ICON Token Sale.

Theloop is a company focused on developing blockchain engines with headquarters in Korea.

Editor’s note: This column has been updated to disclose the writer’s advocacy of blockchain technology–the underpinning of all cryptocurrencies–and a Consumer Financial Protection Bureau warning about these investments.

Cryptocurrency (digital currency) is taking off this year. New millionaires are being made almost daily as Ethereum, Bitcoin, NEO, Litecoin, Ripple, Stratis, and other cryptocurrencies reach all-time highs. It is becoming somewhat of a modern-day gold rush.

Bitcoin is worth thousands of dollars. For coins that were once worth only pennies, investors have made serious money in the past few years. It should be noted here that I am an advocate of blockchain technology.

Bitcoin might be the oldest, but it’s not the only cryptocurrency on the block.

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