Buy Flow (FLOW)

Follow the steps below to easily and securely buy Flow.

You can securely store your Flow in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your Flow. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, at Finst, you can easily buy Flow with iDEAL. We also support popular payment methods like SEPA and Bancontact.

At Finst, you can start investing in Flow with as little as €1. For many coins, it is not necessary to buy a whole coin.

Yes, it is safe to buy Flow through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, buying Flow is legal in Europe. However, we advise you to do your own research before making a purchase.

Investing in cryptocurrencies like Flow involves risks of losses. You can lose (part of) your deposit. Before you decide to buy Flow, it is important to understand the risks.

Volatility: The price of Flow can fluctuate significantly. This means that its value can rise and fall quickly.

No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

External factors: The price of Flow is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.

When you buy Flow through Finst, you benefit from the most competitive trading fees of 0,15% per transaction.

Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.

No, due to laws and regulations, it is not possible to buy Flow or other cryptocurrencies anonymously on a regulated crypto platform in Europe.

At Finst, we support several order types to buy Flow: Market Order, Limit Order, and Auto Invest (DCA).

- With a Market Order, you buy Flow instantly at the best available market price.

- Do you want to buy Flow at a lower price? With a Limit Order, you set the maximum price you're willing to pay for Flow. Your order will be executed once your limit price is reached on the market.

- Do you want to invest in Flow without constantly checking the market? With Auto Invest, you can schedule automatic and recurring purchases. Whether you want to buy daily, weekly, bi-weekly, or monthly - you choose the frequency.

Yes, on our platform, you can easily buy Flow with a Limit Order. This allows you to set the maximum price you're willing to pay. Your order will be executed once the price of Flow reaches your limit price or lower.

A Limit Order is ideal if you want to wait for a better price without constantly monitoring the market.

Yes, with Auto Invest, you can set up daily, weekly, bi-weekly, or monthly purchases of your favorite crypto using the Dollar Cost Averaging (DCA) strategy. Create your own investment plan and DCA Flow without any action required or additional fees.

Do you prefer to store your crypto on your external wallet? At Finst, we have various cryptocurrencies enabled for automatic withdrawals, which are sent straight to your wallet after each recurring purchase.

Flow is a fast and affordable blockchain that is developer-friendly for developers who want to build decentralized applications (dApps), blockchain games, and digital assets. Flow uses an innovative architecture that allows for high performance without compromising decentralization. This addresses issues faced by traditional blockchains like Ethereum, which suffer from scalability problems and high transaction costs when the network is under heavy load. Additionally, Flow is designed to be more efficient than traditional blockchains and consumes significantly less energy than Bitcoin and Ethereum, for example.

Flow operates with a unique blockchain architecture that uses a multi-role structure to process transactions more efficiently than traditional blockchains like Ethereum and Bitcoin.
In this multi-role architecture, tasks that are normally handled by all nodes are distributed across four different types of nodes:

• Collection Nodes: Organize and optimize network traffic to process transactions more efficiently, which improves speed.
• Consensus Nodes: Determine the order of transactions and contribute to the decentralization of the network.
• Execution Nodes: Execute transactions on Flow by performing the necessary calculations.
• Verification Nodes: Verify that Execution Nodes are processing transactions correctly.

This system ensures higher speed and scalability without sacrificing security or decentralization. These nodes are also called validators. Users can act as validators by staking FLOW tokens, which is possible via a wallet like Flow Port.

On Flow, developers can build smart contracts using the Cadence programming language. This language is simpler and safer than other smart contract languages like Ethereum's Solidity.

As for the use cases of Flow: the network is mainly used for trading NFTs and gaming. Popular projects on Flow include:

• NBA Top Shot (an NFT marketplace)
• CryptoKitties (a blockchain game)
• NFL All Day (an NFT marketplace for sports fans)

Flow was launched in 2019 by Dapper Labs. The team behind Dapper Labs includes Roham Gharegozlou, Dieter Shirley, Mikey Warkentin, and Alex Shih. They had previously developed well-known blockchain projects, including CryptoKitties, NBA Top Shot, and NFL All Day.

After the growing popularity of CryptoKitties on Ethereum in 2017 and the scalability issues that arose, the team decided to develop a new blockchain. This became Flow, a blockchain specifically designed for NFTs and blockchain games.

The native token of the Flow blockchain is the FLOW token. This token plays a key role in the Flow ecosystem:

• FLOW is used to pay transaction fees on the network and to execute smart contracts.
• FLOW token holders can stake their tokens to secure the network and receive rewards in FLOW tokens in return.
• FLOW token holders can participate in the governance of the network and help decide on important upgrades.
• FLOW tokens can be used to trade NFTs on connected marketplaces, like NBA Top Shot.