It can be difficult to figure out how to purchase cryptocurrencies like GENCAP. This guide will show you exactly how and where you can go to be a proud owner of GENCAP in no time. The Based Finance Next Gen price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. If you want to learn how to buy more cryptocurrencies, here is our library of guides on how to buy cryptocurrency with USD. You’ve purchased GenCoin Capital (GENCAP) using USD with the help of another crypto exchange.
- The Based Finance Next Gen price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies.
- The quickest way to purchase GENCAP in Europe is to use CryptoWallet.com to buy BTC with your debit or credit card, and then use the BTC to swap for GENCAP on an altcoin exchange.
- Currencies are made deflationary in the hopes that this will lead to an increase in price, since the overall supply trends down while demand stays the same or hopefully rises.
- Your options are either using your Bank Account or Credit Card.
- To learn about setting up your bank account with Coinbase, click here.
CryptoWallet.com is the ultimate choice for people who want to use their crypto regularly. The CryptoWallet.com debit card lets you spend crypto anywhere you can make debit payments. Now that you have entered the open and permissionless crypto economy you are free to swap between BTC and virtually any cryptocurrency you like, including GENCAP.
HOW AND WHERE TO BUY GENCOIN CAPITAL (GENCAP) – AN EASY STEP BY STEP GUIDE
All you need to do is click on the “Prices” option in the top menu bar and you’ll see a list of all the supported cryptocurrencies on Coinbase. The nice thing about Coinbase is there is no upfront waiting period—simply sign up, confirm your email address, and you’re all set. If you already have a Coinbase account, skip to step two. Now it’s time to purchase Gencoin (NES) using your investment from Coinbase.
Coinbase currently does not support the purchasing of Gencoin, however don’t worry. Now click on the “Trade” button next to the coin and you’ll see a box similar the the one below. You can either scroll to GENCAP or type it in the “Search all assets” box. We’ve put together this quick step-by-step guide to show you how to buy GenCoin Capital (GENCAP) using US Dollar. Let me reiterate, I am not a licensed professional so I can’t give you any investment advice on how to handle the next step. Now you should be ready to make your first purchase of Bitcoin or Ethereum that you will then use to buy Gencoin (NES).
Once you have any type of crypto it is generally very easy to switch between it and many other cryptocurrencies. However, the initial transfer from fiat money to digital assets is cumbersome, especially if you don’t know what you’re doing. Limit price says you want to purchase a certain amount of Gencoin (NES) at a specific price.
CryptoWallet.com is the best option to buy Bitcoin with a credit card (and send it to another exchange to trade for GENCAP). If you are looking to store your crypto for a long period of time, hardware wallets such as a Ledger or Trezor are excellent choices. A hardware wallet stores your seed (the key to your funds) offline for you so you don’t have to worry about it being hacked. Ledger and Trezor both offer support for ERC-20 tokens, including GENCAP. Hardware wallets can be expensive though, and are inconvenient for people who want to access and use their crypto on a regular basis. After registering on the altcoin exchange, you will need to find your BTC address given to you by that exchange and copy it.
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. Using this quick step-by-step guide, you can start buying and investing in NES [Gencoin] using major exchanges such as Coinbase and . The best way to purchase GENCAP in a cash-like way is to use your debit or credit card to buy BTC on CryptoWallet.com, and send the BTC to an altcoin exchange to swap for GENCAP. 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 Gencoin (NES).
The Gencoin treasury is responsible for buying back and burning a certain percentage of GENCAP tokens each year, making GENCAP a deflationary currency. Currencies are made deflationary in the hopes that this will lead to an increase in price, since the overall supply trends down while demand stays the same or hopefully rises. To check Based Finance Next Gen’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. We’ve put together this quick step-by-step guide to show you how to buy Gencoin (NES) using US Dollar.
Based Finance Next Gen Price Summaries
So we are going to focus this guide on how to use Coinbase to buy GENCAP using USD. The three major options for this in the United States are Coinbase, Paypal (or Venmo), or Robinhood.
You can also use a DEX (decentralized exchange) like Uniswap to trade for GENCAP. Cryptocurrencies have huge upside potential and can often be worth much more than their current value within a short time period. That is why it’s important to take security seriously even if you’re only storing what seems like a small amount at the time.
- Once you receive the email just click on the link and you should now have access to your Coinbase account.
- Limit price says you want to purchase a certain amount of GenCoin Capital (GENCAP) at a specific price.
- CryptoWallet.com is the best option to buy Bitcoin with a credit card (and send it to another exchange to trade for GENCAP).
- In this case, you would need to purchase Ethereum (ETH) on CryptoWallet.com instead of BTC, since ETH is the primary token used for trading pairs on Uniswap.
Once you have your specific currency’s wallet ID, head back over to your Coinbase account. 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. One of the biggest hurdles to entering the cryptocurrency space is initially converting fiat money to crypto.
The token is powered by a unique investment treasury and a tokenomic system designed to incentivize holders. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. You’ve purchased Gencoin (NES) using USD with the help of another crypto exchange.
Step Two: Add a payment (funding) method to your Coinbase account
Knowing this will actually help you with your future cryptocurrency investments. 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. In this case, you would need to purchase Ethereum (ETH) on CryptoWallet.com instead of BTC, since ETH is the primary token used for trading pairs on Uniswap.
Keeping your coins on an altcoin exchange (or any exchange for that matter) is not recommended for security reasons. CryptoWallet.com guides you through the registration process with an intuitive and easy-to-use interface suitable for both beginners and experienced crypto holders alike. CryptoWallet.com also provides a crypto debit card which lets you spend your crypto like money anywhere that accepts debit payments. What we need to do next is just purchase another cryptocurrency and then transfer it to an exchange that currently supports trading NES.
Plus since your funding will be doing using the Bitcoin or Ethereum your’ve already purchased, the setup should take less time. 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 Gencoin (NES). Now you need to send that purchased cryptocurrency to your new exchange’s wallet. Since we 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. A word of advice, now that you’ve made your first investment in Gencoin (NES), you should MAKE SURE to track your investment.
In the United States we are given the option to fund our Coinbase account with either a Credit Card or Bank Account. It might take a few minutes to process and validate your identity, but once the process is complete you are ready to fund your Coinbase account. Coinbase has both an iOS (iPhone) and Android app to manage your account, however the easiest way to create an account with them is to use their website.
Fill out how much US Dollar you’d like to invest in and click the “Buy” button and … You’ve purchased your first cryptocurrency using USD on Coinbase. As with the whole account process, Coinbase made the purchase of a cryptocurrency very simple and straight-forward. Coinbase assumes that you are signing up for an Individual investment account so the next part of the sign up process deals with verifying your identity. As with more sign-up processes, the next step will be Coinbase sending you an email to verify your email address.
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. Based Finance Next Gen’s price today is US$0.09698, with a 24-hour trading volume of $N/A. So we are going to focus this guide on how to use Coinbase to buy NES using USD. Here is the one hiccup with purchasing GENCAP with USD … Coinbase currently does not support the purchasing of GenCoin Capital, however don’t worry.
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. 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.
Decentralized exchanges allow you to plug directly into the crypto ecosystem and trade on-chain, meaning they never take custody of your crypto. Unfortunately, the nascent nature of this technology does often come with higher fees and poorer UX than traditional exchanges, so keep that in mind. To send your BTC from CryptoWallet.com to one of these exchanges, you will need to do a quick registration. Since you are not using fiat money you should not have to provide too much sensitive information to these exchanges. GENCAP is currently supported on both Gate.io (an American exchange), and Binance (a popular exchange started in China, but currently based in Malta). Gencoin Capital (GENCAP) is an ERC-20 (Ethereum) token and exciting cryptocurrency project that aims to bring generational wealth to its holders, according to their website.
We’ve found using a credit card is the fastest way to fund your account, however you will have a lower deposit limit. Also be sure to check with your credit card company as some companies actually charge a fee or highest interest for purchasing cryptocurrency using a credit card. At the exchange where you are wanting to purchase Gencoin (NES) you will need to get your account’s BTC or ETH wallet ID. On most exchanges you’ll see a DEPOSIT button next to either BTC or ETH. When you click on it you should see (or be given a button to click to create) your wallet ID. Right now you can buy Gencoin (NES) at a good number of cryptocurrency exchanges including .