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Although Coinbase has both iOS (iPhone) and Android apps, I have found the easiest way to setup your exchange account with them is to use their website. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet. That’s the first step in buying Solarcoin, once you get your Bitcoin or Ethereum, you can continue to the next step.

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Right now you can buy Solarcoin (SLR) at a good number of cryptocurrency exchanges including Livecoin. Realize you don’t have to purchase a full coin, rather you will be investing a portion of a coin. Knowing this will actually help you with your future cryptocurrency investments. Once you are registered to any of the above, find the BTC/SLR or ETH/SLR trading pair and then place the order to buy those pairing cryptocurrencies.

Refresh the page to see if the funds have been transfered. You will also receive an email notifying you of the transaction. Coinbase may then ask you to confirm the order with your password/phone.

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Two-factor authentication, also known as 2FA, is an extra layer of security or added protection which we refer to as multi-factor authentication. Not only the username and password are required but also a piece of information that only a user possesses. The first thing you need to do in order to buy SolarCoin (SLR) on Bittrex is to create an account.

• No matter what people say, it’s easy to buy SolarCoin with a credit card.
• MAKE SURE to use your real name as Coinbase will use this for account verification.
• Grants will be issued on the Energy Web Chain SolarCoin only.
• The cheapest way to do it is to buy bitcoins with bank account (or SolarCoin directly with bank account) and exchange the BTC for SolarCoin.
• As of December 2020, the network has transacted an estimated $299 billion for over 2 million users.

Now you play a short waiting game as your transfer has to go through the cryptocurrency ecosystem and be confirmed multiple times. There is nothing on your end to do except wait for this to happen. Depending on the day this could take 5 minutes or even up to a few hours. 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.

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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. Coinbase uses your mobile phone number to setup Two-factor authentication (2FA) on your account making your account even more secure.

In this step, we will activate 2FA on your Bittrex account by clicking on “Two-Factor authentication” under the “Settings” menu. The page refreshes and redirects you to the verification process. There is a display next to that button; it tells you how much ETH you have and can trade. You now need to find the ‘Switch to market order’ button under ‘BUY SLR FOR ETH’ and click it. You will have to wait for a few minutes for the Ethereum coins to be move to Livecoin.

Where to Buy, Sell and Trade Solarcoin aka SLR

This is the initial step prior to fully verify your account. In order to create an account click on the “Register” button in the top right corner of the website as shown in the picture below. You cannot mine SolarCoin as it has a different network structure than Bitcoin.

Click this link to go to Livecoin, and once you’re in the website, click the red ‘Open a trade account‘ button on the top right. To buy Ethereum from Coinbase – which you will exchange for SolarCoin (SLR) later – you have to create an account at Coinbase. Once your transfer has been confirmed it should show in your exchange’s account and will be immediately ready to be used to buying Solarcoin (SLR).

It’s similar to the stock markets’ Free-Float Capitalization. These are the project website’s metrics based on Ahrefs Rank. They’re used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project’s website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability).

There are two icons beside the SolarCoin (SLR), and for deposit, select the green icon. Re-confirm your password and click on the agreement box. Even if some ATMs support SolarCoin, they are less than 1% of all cryptocurrency ATMs. Close the pop-up with your address to see your balance.

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A step-by-step guide is available for users of the SolarCoin Desktop Wallet as well as Coinomi. Binance and Changelly are good places to exchange your SLR to any other cryptocurrency. If you want to exchange it to regular currency, trader SLR for bitcoin and exchange BTC into dollars, euro, or other currencies. 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 Solarcoin (SLR). 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. A word of advice, now that you’ve made your first investment in Solarcoin (SLR), you should MAKE SURE to track your investment.

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). Your options are either using your Bank Account or Credit Card. Since you are reading smartlands coin this guide now and the plan is to use your BTC or ETH to purchase Solarcoin (SLR), I’d suggest using the Credit Card funding option. 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.

Weekly updates from the cryptosphere and the world of finance delivered to your inbox. Weekly crypto updates and insights delivered to your inbox. A simple and secure platform to build your crypto portfolio. As of block 3,977,777, March 14th, 2021 the prior SolarCoin blockchain is no longer supported. Grants will be issued on the Energy Web Chain SolarCoin only.