What are Internet Computer and ICP?
Internet Computer is a blockchain-based protocol that lets people install and run software on a decentralized network. That software can include social media apps, enterprise tools, personal websites and AI chatbots.
Instead of relying on a single cloud platform, the protocol runs on node machines distributed around the world and maintained by independent node providers.
Internet Computer’s utility token is ICP. ICP can be converted into cycles, which developers use to pay for Internet Computer resources such as smart contract installation, storage, CPU and bandwidth.
How to buy Internet Computer in the US
In the Crypto.com App, the buying flow is:
- Create an account and verify your identity.
- Fund your account.
- Tap 'Buy' and search for Internet Computer.
- Enter the amount you want to spend.
- Review the details and tap 'Confirm'.
How can you pay for Internet Computer with USD?
For US-based users, the US dollar (USD) is the primary fiat currency accepted for buying Internet Computer. You can use a USD Fiat Wallet funded by bank transfer, or use a debit card, Apple Pay or Google Pay.
Depositing USD directly via Local Bank Transfer can help you avoid foreign exchange fees when buying Internet Computer.
Can you buy less than one Internet Computer?
Yes. Cryptocurrencies are highly divisible, so you don’t need to buy a whole coin.
In the App, US investors can purchase fractional amounts of Internet Computer from as little as US$1.
