A Beginners Guide to Purchasing SmartCash with FIAT without high transfer fees
smartcash·@ablacknerd·
0.000 HBDA Beginners Guide to Purchasing SmartCash with FIAT without high transfer fees
<html> <p><strong>A Beginners Guide to Purchasing SmartCash with FIAT (without high transfer fees)</strong></p> <p> </p> <p> SmartCash is a community governance, cooperation & growth focused blockchain based currency & a decentralized economy - Source<a href="http://smartcash.cc"> http://smartcash.cc</a> </p> <h1><strong>I. Purchase Bitcoin, Litecoin, or Ethereum</strong></h1> <p>1. <strong>Create a </strong><a href="https://www.coinbase.com/join/5a1c2e062313a70294bf11ee"><strong>Coinbase</strong></a><strong> account.</strong></p> <p><a href="https://www.coinbase.com/join">https://www.coinbase.com/join</a> – <em>This is a referral link that gives $10.00 to anyone that trades over $100.00</em></p> <p><img src="https://i.imgsafe.org/d5/d52acdbc7e.png" alt="Screen Clipping" width="267" height="341"/></p> <p>Account Creation - Source Coinbase.com 12/22/2017</p> <p> </p> <p><strong>2. Add a method of purchase –</strong> Click on the “Buy/Sell” hyperlink in the top menu bar. Then select the drop down box under “Payment Method” and select “Add a New Account”</p> <p><img src="https://i.imgsafe.org/d5/d52b800ec6.png" alt="Screen Clipping" width="524" height="392"/></p> <p>a. Bank – Will take 3 to 4 business days to transact, but you will lock in the price at the moment of purchase.</p> <p>b. Credit/Debit – Will transact instantly but charges a higher fee. (See screenshot below)</p> <p>c. Wire Transfer – Takes around 2 to 3 days for funds to show in account.</p> <p><img src="https://i.imgsafe.org/d5/d52b82e2aa.png" alt="Screen Clipping" width="336" height="202"/></p> <p>Fees - Source - Coinbase Support on 12/22/2017</p> <p><strong>3. Purchase Bitcoins</strong> – Click on Buy/Sell and then select Bitcoin, select your method of payment, and type the amount you would like to buy. For this guide I will be using a debit card so that bitcoins are available immediately.</p> <p><em>Please note that you can purchase other cryptocurrencies like Litecoin or Ethereum but for this guide I will be using the </em><em><strong>CoinExchange.io</strong></em><em> Market Exchange which currently only allows for SMART/BTC and SMART/DODGE</em></p> <p><img src="https://i.imgsafe.org/d5/d52b8afe6d.jpeg" width="554" height="423"/></p> <p>II. <strong>Transfer Bitcoins to GDAX.com</strong></p> <p>1. In order to buy SmartCash you will need to transfer your Bitcoins to an Authorized SmartCash exchange Market. To do this without paying the ridiculously high network fee, you can transfer the balance of your Bitcoins to Coinbase’s sister site <a href="http://GDAX.com">http://GDAX.com</a> .</p> <p>2. Once your funds show up in Coinbase, navigate to <a href="http://www.gdax.com">http://www.gdax.com</a></p> <p><img src="https://i.imgsafe.org/d5/d52b8a4e73.png" alt="Screen Clipping" width="589" height="120"/></p> <p>3. Since GDax uses the same infrastructure as Coinbase you will be able to login with the same username and password that you use for your Coinbase account.</p> <p>4. Once logged in, you will first need to transfer your Coinbase balance to your GDax wallet. To do this click on the deposit.</p> <p><img src="https://i.imgsafe.org/d5/d52b9b6edd.png" alt="Screen Clipping" width="624" height="402"/></p> <p>5. On the next screen click on “Coinbase Account”, type in the amount that you will like to transfer, and then click “Deposit Funds”.</p> <p><img src="https://i.imgsafe.org/d5/d52b97f874.png" alt="Screen Clipping" width="624" height="334"/></p> <p><img src="https://i.imgsafe.org/d5/d52ba1162f.png" alt="Screen Clipping" width="441" height="207"/></p> <p>6. Now you will need to create an account with the market exchange.</p> <p> </p> <h1><strong>III. Create a CoinExchange.IO Account</strong></h1> <p>1. Navigate to <a href="https://www.coinexchange.io/?r=3ab37999">https://www.coinexchange.io</a> and click on “Register Now”</p> <p><em>The link above is a referral link</em></p> <p><img src="https://i.imgsafe.org/d5/d52ba5afa7.jpeg" width="471" height="221"/></p> <p>2. Once registered sign on, then click on “My Account” in the upper right-hand corner, and then click on “Balances.</p> <p><img src="https://i.imgsafe.org/d5/d52bac4a04.png" alt="Screen Clipping" width="458" height="99"/></p> <p>3. Click the “Actions” button besides the BTC Code, and then select “Deposit BTC”</p> <p><img src="https://i.imgsafe.org/d5/d52badc7d0.png" alt="Screen Clipping" width="624" height="96"/></p> <p>4. You should now see your deposit address for your Bitcoin Wallet. For me, its <em><strong>15nBfEGjD9LC1vGX7dtqBcz9cS6y1BZWW6</strong></em></p> <p><em><strong>DO NOT USE THIS ADDRESS</strong></em></p> <p><img src="https://i.imgsafe.org/d5/d52bb6f761.png" alt="Screen Clipping" width="363" height="347"/></p> <h1><strong>IV. Transfer Bitcoins to CoinExchange.IO</strong></h1> <p>1. Navigate back to GDax</p> <p>2. Underneath your balance you should see a the “Withdraw” button. Click that. On the next screen select “BTC Address”, select the amount you would like to transfer to CoinExchange, type in your address gathered from the step above, get your “Two Factor Code” by clicking get code, type that in and then click “Withdraw Funds”.</p> <p><img src="https://i.imgsafe.org/d5/d52bb9990e.png" alt="Screen Clipping" width="513" height="370"/></p> <p><img src="https://i.imgsafe.org/d5/d52bbe31b0.png" alt="Screen Clipping" width="539" height="261"/></p> <p>3. Due to the current surge in volume of Bitcoin Transactions, there will be 30 minute to 2 hour delay on receiving your Bitcoins to your CoinExchange wallet. However, to check on the progress you can utilize this site <a href="https://live.blockcypher.com/">https://live.blockcypher.com/</a></p> <p> to see the current process of your funds. Just type in your deposit address.</p> <p><img src="https://i.imgsafe.org/d5/d52bc7ac8a.png" alt="Screen Clipping" width="624" height="379"/></p> <p>4. Once you have at least 2 confirmations, you will then be able to view your bitcoins in your wallet in CoinExchange. To do this, login to your CoinExchange account and then click on “Deposits”. Here you should see all of the deposits you’ve made so far to your account.</p> <p><img src="https://i.imgsafe.org/d5/d52bcd3da1.png" alt="Screen Clipping" width="624" height="315"/></p> <h1><strong>V. Buy SmartCash</strong></h1> <p>1. While on CoinExchange, click on Markets, search for SMART/BTC, and then click enter</p> <p><img src="https://i.imgsafe.org/d5/d5a8a9176c.png" alt="Screen Clipping" width="517" height="140"/></p> <p>2. You should come to a page like the one in the screenshot below, that shows you the current price, volume, current sale orders, and current buy orders.</p> <p>3. To purchase SmartCash, you will have to create your own “Buy Order”. To do this you will have to determine the following:</p> <p> i. Price – the amount of bitcoins you would like to spend per SmartCash coin.</p> <p> ii. Amount – The number of SmartCash coins you would like to purchase.</p> <p><em> iii. </em><em><strong>Note: </strong></em><em>I usually look at the current Sale Orders to see if there is a order with a price & Qty I agree with and just use that amount. Since the price of Bitcoins and SmartCash fluctuates frequently I don’t typically place orders for substantial amounts and just let it sit. </em></p> <p>4. For example, if I want to buy 15 SmartCash coins at a price of 0.00000920 each ($0.12 at the time of writing this), you would make a order that looks like this and then click the submit button.</p> <p><img src="https://i.imgsafe.org/d5/d52b4da5a3.png" alt="Screen Clipping" width="582" height="371"/></p> <p>5. If you agree with the conditions, click on confirm order. This will then trigger a notification letting you know that the order was placed successfully.</p> <p> </p> <p><img src="https://i.imgsafe.org/d5/d52b4e4f26.png" alt="Screen Clipping" width="467" height="261"/></p> <p><img src="https://i.imgsafe.org/d5/d52b55d578.png" alt="Screen Clipping" width="326" height="72"/></p> <p>6. After this you will need to wait to see if someone agrees to sell you SmartCash at that price. Please note that you may sometimes see a purchase for a qty less than your total order. This is normal.</p> <p>7. If a successful trade happens, you should a get a notification stating the amount and price.</p> <p><img src="https://i.imgsafe.org/d5/d52b573b61.png" alt="Screen Clipping" width="593" height="196"/></p> <p>8. You are now in possession of SmartCash!</p> <h1><strong>VI. Create a SmartCash Wallet</strong></h1> <p>1. Go to <a href="http://wallet.smartcash.cc">http://wallet.smartcash.cc</a></p> <p>2. Click the “Sign Up” button</p> <p>3. Sign up for your account but <strong>PLEASE</strong> remember to write down your username, password and master security code in a <strong>SECURE</strong> location. If these are lost then they can not be replaced.</p> <p>4. Once signed up and signed in, you will see three addresses. Spending, Smart Rewards, and Smart Rewards 2.</p> <p>5. Copy the address for Smart Rewards. This will be used in the next and last step.</p> <p><img src="https://i.imgsafe.org/d5/d52b61dc4c.png" alt="Screen Clipping" width="624" height="331"/></p> <h1><strong>VII. Transfer Coins from CoinExchange to your SmartCash Wallet</strong></h1> <p>1. In CoinExchange, click on “My Account” and then “Balances”.</p> <p><img src="https://i.imgsafe.org/d5/d52b5d6749.png" alt="Screen Clipping" width="317" height="130"/></p> <p>2. Beside your SMART balance, click on Actions, and then “Withdraw SMART”.</p> <p><img src="https://i.imgsafe.org/d5/d52b695dcb.png" alt="Screen Clipping" width="553" height="231"/></p> <p>3. On the next screen, Type the amount you would like to transfer to your wallet, your Smart Rewards address, your CoinExchange account password, and then click “Submit Withdrawal”.</p> <p><img src="https://i.imgsafe.org/d5/d52b729fda.png" alt="Screen Clipping" width="515" height="524"/></p> <p>4. This will trigger an email to the email account linked to your CoinExchange account with a link to confirm the transfer. You will need to click that link in order to confirm and proceed with transfer.</p> <p>5. After a couple of seconds you should see your new SmartCash appear in your SmartCash Wallet!<img src="https://i.imgsafe.org/d5/d52b716116.png" alt="Screen Clipping" width="593" height="72"/></p> <p> </p> <p>Name: Keith Hammond</p> <p>Profession: Principal IT Business Systems Analyst</p> <p>Smart Rewards Address: SV8D1MbPaWNpny8n7C99X2PojJY8ajb4p1 </p> </html>