Since I’m not a licensed professional and the cryptocurrency market is so volatile, deciding between which one to invest in based upon value will be up to you. What I can tell you is that the majority of exchanges that offer investing in Wiki Cat (WKC) will allow you to purchase using Bitcoin (BTC). To learn about setting up your bank account with Coinbase, click here. Coinbase does a great job of walking you through this setup as many banks have instant account verification. 6) Now you need to setup your funding sources (i.e how you plan on purchasing your Bitcoin or Ethereum).
Once you have saved your seed phrases securely, confirm on the next screen by verifying them. Read the tips once more to ensure you’re fully aware of the security issues and click all done, now your wallet is ready. Now click on the MetaMask icon on the extension bar on the browser and unlock your wallet with your password.
When funding using a bank account you’ll have more purchasing (buying) power than a credit card. Once you’ve purchased a BNB Chain, you can find it in the “Wallet” area of your Binance account. To withdraw funds, select the relevant option and fill in the fields.
Knowing this will actually help you with your future cryptocurrency investments. Coinbase uses your mobile phone number to setup Two-factor authentication (2FA) on your account making your account even more secure. Basically Coinbase will text you for each major change to your account including making purchases.
How to Buy Wiki Cat (WKC) on Binance?
Is after all a good place to go to buy Bitcoins when you can’t find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed. To buy Wiki Cat using USD (US Dollar) you will have to use a cryptocurrency exchange or financial service that supports funding via either your bank account or credit card.
We also gather additional information from different sources to ensure we cover all necessary data or events. Once you have your trading account setup at one of the exchanges that trades Wiki Cat (WKC), you will need to transfer your BTC or ETH from Coinbase to that specific exchange. Since Coinbase only allows for the purchase of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, you will need to transfer your BTC or ETH investment to another cryptocurrency exchange. If you want to fund your account using your Bank Account, your purchased cryptocurrency will not available for trading for 4 to 5 business days. Granted you will have locked in your purchase price at the time of purchase, but this means you won’t be able to easily use your purchase to start buying Wiki Cat (WKC).
Select BNB Chain as the network, then enter your wallet’s address and the desired amount to send. Simply select the withdraw option and wait for your BNB Chain to show up in your Binance account. Follow the instructions provided by the wallet’s Google Chrome extension or the mobile app you installed in Step 1 to register and set up your crypto holdings. Save your seed phrase and write down your wallet’s address somewhere secure. However, you can use marketplaces such as LocalBitcoins to first purchase USDT, and finish the rest of the steps by transferring your USDT to respective AltCoin exchanges. Now you are all set, on the ‘Transact’ screen under the ‘From’ field, select your fiat currency, and then on the ‘To’ field choose USDT, click preview to review your transaction and the click confirm if everything looks good…
Where to store Wiki Cat coin?
The first choice is a hardware wallet, and then you can go with the official coin wallet and third-party software wallets. As BEP-20 Token Wiki Cat can be stored on any wallet which supports BNB Coin. Also if you are interested in investing in other cryptocurrencies you more than likely can do that at the exchange you used to invest in Wiki Cat (WKC). If not, just follow the same steps as before except skipping the whole setting up a Coinbase account since you already took care of that. As I mentioned at the beginning of this guide, Coinbase makes it very easy to start investing in cryptocurrency.
After adding the network, switch to the network on MetaMask and you should be able to see your BNB balance on the Binance Smart Chain. Now copy the address to clipboard by clicking on the account name. Next choose a secure password to secure your MetaMask wallet, this password is not your private key or seed phrases, you only need this password to access the Chrome Extension. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.
Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. If you are interested in crypto mining at home, I wrote up my story on How I started mining Bitcoin at home in 2021 which details out various easy to set up at home crypto mining rigs. If you purchased Ethereum (ETH) at Coinbase, you are going to want to look for the WKC/ETH investment. Now it’s time to purchase Wiki Cat (WKC) using your investment from Coinbase. Don’t worry, I’ve been using Coinbase for a while and they have NEVER spammed me. They seriously just use this as a way to add another layer of security to your account.
Last Step: Store WKC securely in hardware wallets
Since I don’t want to miss any steps in this important process, click here to view the official how-to guide from Coinbase on transferring your currency to another wallet. To purchase Wiki Cat (WKC) on the majority of the cryptocurrency exchanges, you will already need to have Bitcoin (BTC) or Ethereum (ETH) to trade with. The good news is that you can easily purchase either cryptocurrency at Coinbase using your Credit Card or even Bank Account.
- Once you receive the email just click on the link and you should now have access to your Coinbase account.
- What we need to do next is just purchase another cryptocurrency and then transfer it to an exchange that currently supports trading WKC.
- When funding using a bank account you’ll have more purchasing (buying) power than a credit card.
- Fill out how much US Dollar you’d like to invest in and click the “Buy” button and …
The next part sometimes changes (we are guessing Coinbase does a lot of user testing) but normally you are then asked for your mobile phone number. This is 100% so you can setup your Two-factor authentication (2FA) to make your account even more secure. We have never seen a spam message came from this, rather it is only used to login to your account and alert you to any major account changes. The nice thing about Coinbase is there is no upfront waiting period—simply sign up, confirm your email address, and you’re all set. In Step 2, using your wallet address, link your Binance wallet to the DEX of your choosing. Sir Mapy designed the Wiki Cat educational token for the SMC DAO as a means of teaching the platform’s deflationary consensus mechanism.
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You will have to first buy one of the major cryptocurrencies, in this case, USDT (USDT). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best. The table below shows all exchanges where you can buy Wiki Cat (WKC) crypto, such as Cointiger, Gate, PancakeSwap (V2), etc.
- Next choose a secure password to secure your MetaMask wallet, this password is not your private key or seed phrases, you only need this password to access the Chrome Extension.
- If it is compatible with your mobile device, you can get the wallet from the Google Play Store or the Apple App Store.
- Review your details one last time and click on “Buy Now”.
- Select BNB Chain as the network, then enter your wallet’s address and the desired amount to send.
WKC has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. Because of the very nature of the wallets in exchanges, they will be always online(“Hot Wallets” as we call them), therefore exposing certain aspects of vulnerabilities. A paper wallet is a type of free cold wallet, it’s basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe.
5) You should now be signed into (or be able to sign in) your Coinbase account. Again, since you will be using your hard earned money to fund your Coinbase account, there are a few more verification steps you need to complete. 3) Then Coinbase will ask you to select if you are an INDIVIDUAL or BUSINESS. I’m assuming you are an individual so I will skip the whole business account setup. MAKE SURE to use your real name as Coinbase will use this for account verification.
Step 2: Buy USDT with fiat money
Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn’t take more than 15 minutes to finish.
All you need to do is head over to your BUYS pages and select the currency you wish to purchase. When you purchase using a Credit Card, you will be able to purchase immediately and have access to trade your coins right away. Only downside is that your weekly purchase limit on a Credit Card will be around $750 when you first open your account.
After your transfer of your crypto from Coinbase to your exchange’s wallet is confirmed, you’ll want to initiate a trade of that specific cryptocurrency for Wiki Cat (WKC). When you’re ready to purchase BNB Chain, log in to your Binance account and visit the Buy & Sell Crypto page. Read our How to Buy BNB Chain article for information on creating an account and purchasing your very first cryptocurrency through the exchange. Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way.
For extra security you may even consider getting a Cryptosteel Capsule from Ledger to store your phrases securely and physically. ⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors. Cryptocurrency prices can be volatile and unpredictable, and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments. The best place to store the crypto you have bought is in wallets outside the exchange.
WKC has been down 14.39 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that WKC’s price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if WKC is backed by a solid development team and whether WKC’s technology has any potential to grow. For the last 24 hours, Tether, and Binance USD are two trading pairs for Wiki Cat with total trading volume of 173. Review your details one last time and click on “Buy Now”. It does take a little while for cryptocurrency to be reached in your LATOKEN wallet but you’ll see them in around 5-10 minutes.
If it is compatible with your mobile device, you can get the wallet from the Google Play Store or the Apple App Store. Visit Binance’s website to ensure that you are installing the genuine Chrome extension and mobile app. The list of supported coins on Binance is regularly updated.
Wiki Cat is a tutorial token with unique deflationary mechanism created by Sir Mapy for SMC DAO. With ownership of the token renounced to a strong and vibrant community, the goal of the project is to establish a NFT focused club (Wiki Cat Club), where users can hold, buy and sell unique NFTs in p2p way. Most exchanges need a minimum $50 deposit to exchange it for crypto. The table below offers a detailed overview of different amounts and their respective costs.
2) Next enter your email address in the get started box. Please MAKE SURE that the email address you enter is one you have access to and is your most secure email as this is how you will always sign in to your Coinbase account. You’ve purchased Wiki Cat (WKC) using USD with the help of another crypto exchange.