How to Buy Runes Tokens: A Step-by-Step Guide

The Runes protocol plays a vital role in the creation of efficient fungible tokens on Bitcoin. Since it went live on mainnet in 2024, a range of projects have launched runes tokens, many of which have skyrocketed in market capitalization over the last few months. 

Read on to learn how to buy runes directly within your Xverse wallet using the new in-app Runes Swap feature. 

What Are Bitcoin Runes & Where Can You Buy Them? 

Runes is a new fungible token protocol which Casey Rodarmor created as an alternative for BRC-20 tokens to solve the trouble of junk UTXOs clogging the network when deploying fungible tokens on Bitcoin.

The emergence of the Runes protocol laid down the infrastructure for runes tokens, such as the popular DOG•GO•TO•THE•MOON (DOG), which almost hit a $1 billion market capitalization shortly after its launch.

Today, runes tokens are trading on a range of centralized exchanges and decentralized marketplaces, but accessing deep liquidity can be tricky, and not all trading venues offer a seamless trading experience. 

Fortunately, you can use Xverse’s Runes Swap Aggregator to receive the best price quotes from a range of marketplaces, including Magic Eden, UniSat, and DotSwap, to buy and sell runes directly within your wallet using BTC.  

How to Buy DOG Runes Tokens, Step-by-Step

Now, let’s walk you through how to buy Runes tokens on the Xverse Bitcoin Wallet using the new Runes swap feature.

1. Download and install Xverse wallet if you haven’t yet. Open your wallet and tap the Swap icon at the top of your dashboard.  

2. Select the base currency you are paying from to get runes tokens using the ‘From’ dropdown menu, and pick the runes token you want to buy on the ‘To’ dropdown menu.

3. After tapping on the dropdown, each will display a search function to help you find the preferred token. In the middle of the ‘From’ and ‘To’ dropdown menus, there is a bidirectional arrow for switching the base currency. 

The ‘To’ dropdown menu consists of tokens that the Xverse built-in swap feature aggregates from different marketplaces across the Runes ecosystem.

4. Enter the amount you are transacting with on the ‘Amount’ field and tap ‘Get Quote.’

Runes swap will match your transaction with suitable orders that have competitive price quotes across different marketplaces including Dotswap, Unisat, and Magic Eden, among others.

5. Assess the price quotes and choose an affordable offer to complete your runes token purchase. 

Your assets will not be held during the transaction since Xverse is a non-custodial wallet, hence, the funds are sent directly during the transaction.

6. Preview the details of your transaction to confirm whether everything is correct before finalizing the purchase.

The details you are previewing include the order you’ve selected, fees for processing the transaction, the amount you are transacting with and the amount of runes tokens you will receive.

7. Click the ‘Swap’ button if all the details are correct and confirm the transaction.

Your purchased runes tokens will appear in your Xverse Runes wallet immediately after the Bitcoin network confirms your transaction.

And that’s all! 

That’s how easy it is to buy runes using Xverse’s in-app Runes Swap. 

Download Xverse to Start Buying and Selling Runes

Xverse is the market-leading Bitcoin Web3 wallet that enables you to securely store, etch, mint, buy, sell, and manage runes tokens as well as a range of other Bitcoin assets.  

The new Runes Swap feature also makes it easier than ever to buy and sell runes tokens. All you need is BTC in your Xverse wallet to purchase any runes listed on leading Runes marketplaces. 

Download Xverse today to start buying runes tokens with just a few clicks.