How to Buy CoffeeCoin with Credit Card or Debit Card?
No matter what people say, it ’ south comfortable to buy CoffeeCoin with a citation card .
Your first step will always be buying Bitcoins or Ethereum with your citation card. They can then be converted to CoffeeCoin.
Follow these steps:
- Buy Bitcoin or Etherium at an exchange you like.
- Transfer Bitcoin or Etherium to an exchange that supports CoffeeCoin currency.
- Finally, exchange Bitcoin or Etherium to CoffeeCoin.
Please follow our footfall by step scout bellow to buy CoffeeCoin .
1. Create an Account on Coinbase
To buy Ethereum from Coinbase – which you will exchange for CoffeeCoin ( CFC ) former – you have to create an history at Coinbase. Click this connection here to create an account .
Click ‘ sign up ‘ button and fill out the class. Enter your name ( it has to be precisely the lapp as it ’ south written on your photograph ID ), email, password and location .
Coinbase is regulated by the US government and follows rigid fiscal rules. As such, they have to verify your identity. It takes some time and campaign, however, this makes Coinbase the reputation of the must trustworthy way to convert regular currentness into cryptocurrency .
Verify The Coinbase Account
Since Coinbase needs to verify your account, you have to give them your earphone total, upload an image of your photograph ID and verify your tease ( credit or debit ) or back account. only then will you be able to buy cryptocurency .
If you use a wag on Coinbase, your fees will be higher, but your purchases will be blink of an eye. It is cheaper to use bank transfers, but it is slow – it can take up to a week to get your coins .
When your payment details are verified, click ‘ buy/sell ’ button on the top menu .
Select ‘ Ethereum ’, and enter how much money you want to spend/how many coins you want to buy in the windows on the bottom of the page .
once you have done that, click the ‘ Buy ‘ push button .
You will now have to confirm you purchase .
Do this by pressing the ‘ Confirm Buy ‘ push button .
You now own some Ethereum. However, don’t close Coinbase yet – we’re going to use it later!
2. Open An Account In An Exchamge That Accepts CoffeeCoin (CFC)
now that you have some Ethereum, you to find a place to exchanged it for CFC .
Here is a list of online exchanges where CFC is traded:
Exchanges are listed in the descending rate of trade volume ( that is, how much trade happens on those sides ) .
3. Transfer Ethereum from Coinbase to Exchange
After you have opened an report at one of the exchanges from the above list, you should find your ETH wallet address.
The details of finding the address can be unlike depending on the web site, but it ’ south normally easy and simple .
Make certain that you get your “ deposit ” or “ receiver ” address .
Copy/write down your ETH wallet address for the following gradation. ( The adress ( Your own singular address of path, not the cover above ! )
4. Transfer Ethereum To Your New Wallet
Transfer Ethereum from your Coinbase account or any other account/wallet where you keep your ETH to the receiver/deposite ETH address from the tone # 3 .
5. Exchange Ethereum for CFC
When Ethereum appear in your newly change account ( it may take a few minutes ), you are read to trade it for CFC in the raw the change .
The process of trading count on the substitution, but it ’ s largely alike across the platforms .
by and large, you will want to find the CFC/ETH trade pair and “ place an order ” to buy CFC with your ETH funds .
The order can work immediately – any delay is normally because the exchange is trying to find enough “ sell ” orders to fulfill your “ buy ” order .
Congratulations ! You are now the proud owner of some amount of CFC !
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Cryptocurrency Exchanges are constantly on hackers radar, so it ’ sulfur constantly safer to keep your cryptocurrency in a wallet .
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Frequently Asked Questions
Can I Buy CoffeeCoin With PayPal?
You can not immediately buy CoffeeCoin with PayPal at this time. If you wish to use PayPal, you will have to buy bitcoin foremost and then exchange bitcoins for CFC by using a avail like Binance .
Can I Buy CFC With Cash?
You can not directly buy CoffeeCoin with cash. even if some ATMs patronize CoffeeCoin, they are less than 1 % of all cryptocurrency ATMs .
If you want to buy with cash, you will have to buy bitcoin first gear and then exchange bitcoins for CFC using a military service like Binance .
Can I Buy CoffeeCoin With Bitcoin?
Yes, you can do that easily by using Binance to exchange bitcoins for CoffeeCoin .
Can I Buy CFC With Skrill
Europeans can use BitPanda to buy bitcoins or ethereum with Skrill. Ethereum or BTC can then be converted into CoffeeCoin on Binance .
Can I Buy CoffeeCoin With Ethereum
Yes, you can do that well by using Binance to exchange Ethereum for CoffeeCoin .
Which is the best payment method to use?
The cheapest way to do it is to buy bitcoins with savings bank report ( or CoffeeCoin immediately with bank report ) and exchange the BTC for CoffeeCoin .
The fastest way is to buy CoffeeCoin with a credit circuit board, but you will be charged higher fees.
Read more: Sheldon coin grading scale – Wikipedia
How Can I Protect CFC Once I Purchase It?
You should store your CoffeeCoin in a plug wallet. Leaving CoffeeCoin on an change just puts you at gamble of losing money if the switch over gets hacked. Your history could besides get hacked, which is why it ’ second important to use 2FA .
How Can I Sell CoffeeCoin (CFC)?
Binance and Changelly are effective places to exchange your CFC to any early cryptocurrency. If you want to exchange it to regular currentness, trader CFC for bitcoin and exchange BTC into dollars, euro, or other currencies .
Can I Mine CoffeeCoin Instead Of Buying It?
You can not mine CoffeeCoin as it has a different network structure than Bitcoin. You can only purchase CoffeeCoin from an exchange .
Category : Finance