Layer 1

A Layer 1 is a base blockchain with its own rules for recording transactions and deciding which version of the ledger is valid. Bitcoin and Ethereum are familiar examples, but base networks can make very different choices about consensus, programmability and who can run a validator.

Layer 1 blockchain illustrated with connected blocks on a secure foundation

Browse the buying guides

All buying guides

Buy Abelian (ABEL) — A simple guide

If you're looking to buy Abelian (ABEL), you've come to the right place. Abelian is one of the most forward-thinking blockchain projects around, built from the ground up to resist the security...

read more

Buy Elastos (ELA) — A simple guide

If you're looking to buy Elastos (ELA), you're in the right place. Elastos is a unique blockchain project working to build a more secure, decentralized internet — sometimes called the 'SmartWeb' —...

read more

Buy Moonbeam (GLMR) — A simple guide

If you're looking to buy Moonbeam (GLMR), you've come to the right place. Moonbeam is one of the more technically compelling projects in the Polkadot ecosystem, bridging the gap between Ethereum's...

read more

Buy DIAM (DIAM) — A simple guide

If you're looking to buy DIAM (DIAM), you've come to the right place. DIAM is the native token of Diamante, a Layer 1 blockchain built with quantum-proof security at its core — a feature that's...

read more

Buy Initia (INIT) — A simple guide

If you're looking to buy Initia (INIT), you've come to the right place. Initia is a Layer 1 blockchain designed to bring order and cohesion to the fragmented world of multichain rollups — and it's...

read more

Buy Moonriver (MOVR) — A simple guide

If you're looking to buy Moonriver (MOVR), you've come to the right place. Moonriver is an Ethereum-compatible smart contract platform built on the Kusama network, designed to make it easy for...

read more

Buy Chromia (CHR) — A simple guide

If you're looking to buy Chromia (CHR), you've come to the right place. Chromia is a unique blockchain project that combines Layer-1 and Layer-2 capabilities, making it a standout in the smart...

read more

Buy Hydration (HDX) — A simple guide

If you're looking to buy Hydration (HDX), you've come to the right place. Hydration is a DeFi protocol built within the Polkadot ecosystem, designed to bring efficient, low-slippage trading to...

read more

Buy Xphere (XP) — A simple guide

If you're looking to buy Xphere (XP), you've come to the right place. Xphere is a Layer 1 blockchain project tackling one of crypto's biggest challenges — the scalability-security-decentralization...

read more

Buy Abey (ABEY) — A simple guide

If you're looking to buy Abey (ABEY), you've come to the right place. ABEY is the native token of ABEYCHAIN, a multi-layered blockchain built for high-volume transactions with some genuinely...

read more

What are Layer 1 cryptocurrencies?

Browse the buying guides

Their native coins belong to the network itself; application tokens issued on top of a chain are a different kind of asset.

How it works

Native coins may pay transaction fees, reward miners or validators, and secure proof-of-stake networks through staking. A busy blockchain does not automatically make every associated token valuable: issuance, fee design and token ownership also matter. Compare actual network use with token supply, validator concentration and the costs of running the network. Layer 2 networks build on a base chain, while bridges introduce a separate mechanism for moving assets between networks.

Blockchain explained: connected blocks in a blockchain network
Cryptocurrency wallet and keys illustrating secure access and recovery

A little groundwork goes a long way

Before your next purchase or transfer, understand who controls access, where your crypto is going and what the trade will actually cost.

Protect access to your crypto

An exchange account and a self-custody wallet need different safeguards. Protect exchange logins with a unique password and strong two-factor authentication. For self-custody, your recovery backup is what lets you restore access.

Keep recovery words offline and private. A support agent or website asking for them is a reason to stop.

See a recovery example

Your phone breaks. An exchange may help you recover your account after identity checks. A self-custody wallet cannot reset your recovery phrase. Check your wallet’s official backup instructions before relying on it.

Choose the right transfer network

The asset, token version and network must be supported at the destination. A familiar ticker or a matching address format is not enough. Read the receiving platform’s deposit instructions before selecting a withdrawal network.

Check the address, any required memo or tag, fees and minimums. Consider a small test transfer first.

See a network example

Your destination accepts USDC on Ethereum. Selecting a cheaper network at the sending exchange does not make it an Ethereum transfer. Use a network both ends support; an ordinary withdrawal does not bridge tokens.

Understand the price you pay

Trading fees are only part of the cost. The spread, available liquidity and withdrawal charges also matter. A market order prioritizes execution; a limit order controls the price but may remain unfilled or fill only partly.

Check the order preview and the amount you will receive, then compare the full cost of your intended purchase and withdrawal.

Work through a cost example

Hypothetical example: a $200 trade with a 0.1% trading fee costs $0.20 in trading fees. A separate $5 withdrawal fee brings those charges to $5.20. Spread or slippage may add more; these are not quoted exchange rates.