Worldcoin (WLD)
All prices are in USD.
How to buy Worldcoin
WLD
WLD is a token created by Sam Altman and OpenAI. It is a utility token and future governance token for the Worldcoin ecosystem. The utility aspect is still developing, as the Worldcoin team intends to develop future project proposals for the Worldcoin ecosystem via the token-based governance model; however the project is currently governed by the Worldcoin Foundation. When it was originally launched, the Worldcoin ecosystem was intended to provided the basis for a universal-basic-income (UBI) system, however recently the project pivoted to focus on solving the issue of identifying real humans on the internet where bots are becoming ever-prevalent and the reach of artifical intelligence is growing. The Worldcoin network uses a physical device called an Orb to scan human retinas. The Worldcoin technology produces a unique hash for each retina, which can be used to recreate the image of that specific retina. The network then uses zero-knowledge proofs (ZKP) to verify that a unique hash exists for a given user, without exposing the hash, allowing users to verify that they are human without risk of exposing any of their private data. The Worldcoin token does not represent an equity, debt or any other type of claim on OpenAI.
Here’s how to buy Worldcoin on Coinsquare
Buying Worldcoin is just like foreign exchange of traditional currencies like the Canadian Dollar, US Dollar, or Euro. You trade coins that you have – either a cryptocurrency or a dollar – for Worldcoin, which trades as WLD. Based on when you think you can get a good WLD price, you should be able to trade WLD to CAD.
To buy Worldcoin, simply follow these steps:
Sign up for a Coinsquare account and verify your identity
This is the first step to buying WLD. Verifying your identity helps us to properly connect your funds to your account.
Fund your account with Canadian Dollars
Funding is like putting gas into a car – it helps you get where you want to go.
After funding, select WLD from the list on the trade section
Coinsquare lets you trade WLD without leaving the app. You can also check the Worldcoin stock price and convert WLD to CAD on the platform.
Select a currency you’ve funded and use it to check the WLD price
In the Coinsquare app, all currencies available to trade can be found in the drop down list.
Buy WLD
Congratulations! You’re now the proud owner of WLD. You can either HODL or use it to exchange WLD to CAD. To the moon!
Where do I keep my WLD?
Ready to add WLD to your portfolio?
Prices and percentage changes are for information purposes only and in no way reflect Coinsquare Ltd.’s speculation of market direction. Past performance is not an indicator of future performance. Please find our Risk Disclosure statement here.