If you have any interest to buy CPCoin (CPC), you will be required to have either Bitcoin abbreviated as (BTC) or Ethereum (ETH) for trading purposes. I have reviewed the major cryptocurrency exchange Binance in this post to help you determine the best sites to buy cryptocurrency using a credit card or bank account. Take a read and get tips on the best cryptocurrency trading.
Step 1: How to create a Binance account:
1.1 Visit Binance’s Website (https://www.binance.com/en)
There have been several phishing cases reported over the past years that are imitations to the original site, it is essential to scrutinize the URL to the website keenly. First, be on the lookout for the ‘Secure’ certificate that should pop up in your address bar and that acts as a confirmation of the site’s genuineness. Second, to be extra safe while trading on the platform, ensure to bookmark the authentic site to evade any confusion in future searches.
1.2 Fill in your trading details
You have to fill in your details by going to the ‘’Register” tab found in the right-hand corner of the website’s page and fill in your trading details. For instance, you will need to fill in your mobile number or you choose to use your email address. For the email address, it is necessary to use your main email that you can access easily and the most secure one since you will need it to sign in to your Binance account always.
You also need to choose a strong password for your email; a strong password should comprise a mix of numbers, symbols, upper and lower-case letters. You will receive a 6-digit code via the email you provided as your account’s verification code and for completing the registration process.
1.3 Allow 2FA-Two-factor authentication (Optional)
To make your account more secure you need to allow use of a two-factor authentication after your first log in. Trust me; it is vital to set up the 2FA because it makes your account more secure from any hacking activity!
Every time you log in with the two-factor authentication, you will need to provide a unique code once your type in your email and password. To get your unique code, use the Google authenticator app downloaded into your smartphone.
Step 2: Buying your first Bitcoin (BTC)
To send money to your Crypto wallet account on Binance either directly via your bank account through SWIFT money transfer or you can opt to use your debit/credit card. For this part, I will guide you on how to use your credit card.
Binance previously didn’t allow the use of credit or debit cards on its platform, but the same has been introduced. Binance partnered with Simplex to allow its users to use their credit and debit cards to buy Bitcoin or Ethereum. This has led to faster Crypto transaction speeds, low transaction charges, and more transaction flexibility.
I highly recommend buying Bitcoin first and then trading it for the right amount of CPCoin (CPC).
It is easy to purchase Bitcoins via your credit card but I will elaborate on best ways you can do it step-by-step to make sure you understand all the trading nitty-gritty.
- Move your mouse’s cursor to ‘Buy Crypto’ tab found on the top bar and activate the dropdown menu. Then choose the currency, For instance, US Dollars, and click the ‘Credit/Debit Card’ to lead you to the next step.
- You be led to the next page; in this page you will see options to choose the desired Bitcoin (Select BTC), and the amount you need to spend to buy your choice Bitcoin amount. The total amount you need to spend will be displayed according to the Bitcoin amount you request and the matching market price at that time (inclusive of all fees). However, you can choose to first set the total charge then the system will automatically calculate the order amount for you.
- Fill in your credit card details and personal information too. Once done, you need to click “Pay now” and give it a moment to verify your details.
- You will be required to verify your email and phone number if it happens to be your first simplex payment via a code send through your email or an SMS. Complete the verification process by opening the link in your email and type in the code you receive via SMS. Once you do all the above, you can click “Continue”.
- Verification of identity follows next via the use of an official document. Basically upload your identification document photo accompanied by your personal details and click the “Upload Document” tab.
Lastly, your personal document will be approved once verified by the system and an email send to show the confirmation of order purchase. Subsequently, your Binance account is credited with the purchased BTC or Ethereum.
Step 3: Transferring Your Cryptos to an Altcoin Exchange Bitmart
Now, let me guide you on how to purchase CPCoin (CPC) using your investment from Binance.
Remember not all cryptos can be traded in Binance we need to transfer our coins to an exchange that CPCoin (CPC) can be traded. So let me guide you to Bitmart which is a famous exchange to trade altcoins. Use the link below to register your new account.
If you have completed similar processes as we’ve done before with Binance you are ready to transfer your Bitcoins.
Step 4: Depositing BTC to Exchange
If you have created a new trading account setup at one of the exchanges that trades CPCoin (CPC), you will need to transfer your BTC from Binance to that specific exchange. Depositing is done via a wallet system.
You need to move your mouse over to your mail address on the top right and click “Assets”
Look for “BTC” from Token section and copy the given “Deposit Address”
This process may be difficult to do but don’t worry, it is much easier than using a bank transfer.
If you have already copied your unique BTC wallet address go back to Binance.
You will be needed to move your cursor to “Wallet” on the right hand side of the topbar and once the popup shows up, click on “Fiat and Spot (Deposit & Withdrawal)”.
Look for BTC in the list and click on “Withdraw” on the right hand side.
Next, you need to paste the deposit address you just copied from the other exchange and select BTC as the transfer network. You also have to write down the amount that you want to withdraw (you may click the Max button if you want to withdraw all).
After you have done the above, you need to click on the Submit button to begin with the withdrawal process. To continue with the withdrawal, Binance may ask you for your 2FA code and also you will have to confirm the withdrawal with an e-mail.
That is all you need to do, now just wait for a few seconds so that the blockchain to confirm your transaction.
Step 5: Trading CPCoin (CPC)
Now, you need to go back to Bitmart to buy CPCoin (CPC) with the Bitcoins you transferred
Look for a trading window once you enter Bitmart.
Which is found on the left column and make sure to select “BTC” pair and in the search bar type in “CPC”. If you have already moved your coin, click on it and now you will see a price chart of CPC/BTC in the middle of the page.
Next you need to choose the “Market” tab as that is the easiest way of buying orders. You can either type in your amount or choose what portion of your BTC deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click “Buy CPC”. Now you own your CPC!
Other Exchanges to Buy Cryptos
The following are other sites you can buy from these exchanges:
HotBit (Which permits US investors)
MXC (This exchange allows US investors)
On top of the above-listed exchanges, there are some more common crypto exchanges where daily trading volumes and a huge user base is available. This helps to ensure that you can sell your coins any time you want and the charges for the trading are not high. It is recommended that you should also register on these exchanges because whenever CPCoin gets listed there it give the traders who have already registered a large amount of trading volumes, that means you will be provided with some great trading opportunities!
Final Step: How to Store CPCoin securely in hardware wallets
1. Ledger Nano S
- Easy to set up and has a friendly trading interface.
- Allows use on desktops and laptops
- Lightweight and Portable too
- Has been designed to Support most blockchains and a wide range of (ERC-20) tokens
- Has many trading languages.
- Designed by a well-established company found in 2014 with great chip security
- It is not expensive but can be acquired at affordable price
2. Ledger Nano X
- It made with a more advanced and secure element chip (ST33) than Ledger Nano S
- Has an easy design that allows the use on desktop or laptop, or even smartphone and tablet through Bluetooth connection.
- Also Lightweight and Portable and has a built-in rechargeable battery
- Has a Larger screen
- Comes with more storage space compared toLedger Nano S
- It supports most blockchains and wide range of (ERC-20) tokens
- Provides several languages for every customer
- It was designed by a famous company found in 2014 with great chip security
- Can be obtained at an affordable price
If you still have plans to stay at hodl” as some people call it, basically misspelt “hold” (which become famous as time passes) your CPCoin for some long time, you need to find ways to ensure it stays safe safe,
However Binance is the most safe cryptocurrency exchange, in the past few years there have been hacking incidents and funds were lost. Because of the design of the wallets in exchanges, they will be accessible always via the internet (“Hot Wallets” as they are called), therefore exposing certain aspects of weaknesses.
Thus safeguard your cryptos by putting them in “Cold Wallets”, where the wallet will only have access to the blockchain(or simply “go online”) when you send out funds,. This reduces the chances of being hacked. For example, use a paper wallet which is a type of free cold wallet. It can also be defined as an offline-produced pair of public and private address and that you write on a paper for keeping safely with you. But, it is not permanent and may be faced by certain risk.
Thus, Hardware wallet is therefore the best compared to cold wallets. Since they are usually USB-enabled devices that can hold the key information of your wallet in the safest manner. Also they are designed using military-level security and their firmware’s are continuously upgraded by their manufacturers and this makes them extra safe to use. For example, Ledger Nano S and Ledger Nano X and are most common hardware wallets, you can buy one at $50 to $100 depending on the specifications they have. I highly recommend these for holding your assets because these wallets are a worthy every penny according to my experience and opinion.
Frequently Asked Questions
Is it possible to buy CPCoin with cash?
The answer is No. Because there is no way you can directly buy CPCoin with cash. But, using marketplaces such as LocalBitcoins to first buy Bitcoin, and completethe rest of the steps by transferring your bitcoin to respective AltCoin exchanges.
How do I Buy Bitcoin from local sellers?
You can go to LocalBitcoins that is a peer-to-peer Bitcoin exchange. It is more of a marketplace where users can buy and sell Bitcoins to and from each other. Users, known as traders, make advertisements to show their price and the payment method they want used. Then buyers buy from the traders to buy from sellers in a particular nearby region on the platform. LocalBitcoins is after all a good place to go to buy Bitcoins when it is impossible for you to find your favorite payment methods somewhere else. The site’s prices are high and you have you have to be extra careful to avoid conmen.
What are the quickest ways I can buy CPCoin while living in Europe?
While in Europe you have the advantage of buying cryptos in an easy and quick way. Because Europe has even online banks which help buyers to simply open an account and transfer money to exchanges such as Coinbase and Coinmama. Such banks which are common as online banks in Europe are Bunq, N26 and Revolut.
Can I use alternative platforms to purchase CPCoin or Bitcoin with credit cards?
Yes you can, you just need to visit Changelly which an easy to trade in site especially when it comes to buying Bitcoin with credit cards. It provides an automatic cryptocurrency exchange that gives a buyer the opportunity to exchange crypto fast and buy them using credit card. It has been designed to allow users to have easy crypto buying since it has a simple user interface and provides instructions that are easy to follow too.
What is the CryptoPerformance Token (CPCoin – CPC)?
CPCoin is our signature coin and it was created to advance the CryptoPerformance ecosystem, aka CPC. It is an integral part of the crypto market advancing CryptoPerformance platform. The coins represent ownership and continue growth of our ever-expanding community. The CPCoin advances our unique ecosystem and has multiple functions that keep CPCoins in constant circulation.
CPCoin is a peer-to-peer digital currency, without connections to traditional banking institutions or third party involvement. Like Bitcoin, there is no physical money exchanging hands, only a public ledger of digital files as they transfer from one account to another. These records are timestamped, and distributed to an entire network of people, making it nearly impossible to manipulate or hack. This is a unique security feature that normal computer files do not have.
CPCoin is based on the Infinity Economics platform, a decentralized autonomous organization (or DAO) and we are proud to be building our CPCoin on this secure network. CPCoin is 100% proof of stake cryptocurrency and the price is regulated by supply and demand. As of now, a total of 250 million pieces are in circulation, starting with zero.
CPCoin is the native utility token that is used for:
Paying for transaction and all fees that arise on the CP platform, such as purchases, transfers, swaps and withdrawals, are covered by the CPCoin. In addition, the CPC is also used for in-store payments on the CryptoPerformance platform.
What makes the CPCoin unique?
There was no ICO with pre-launches to collect user funds, instead CPCoins are automatically circulated and immediately available in your wallet.
The entire investment in development, founding from the CPCoin, funding worldwide companies, financial licenses, compliance, marketing and much more was financed by the founders themselves from their own resources.
An immediately 100% functioning ecosystem was created. All fees incurred on the CryptoPerfromance platform are processed fully automatically via CPCoin. The fees create a constant movement and thus a permanent market demand. The same as Perpetual Motion Machine.
The CPCoin also has a simple White Paper that is easy to understand for every people.
Crypto performance users also get a Advantage program, whereby daily CPCs are received by holding the coins on the CP platform.
CPCoin is based on the Infinity Economics platform, a decentralized autonomous organization (or DAO).
How many CPCoins are there in circulation?
CPCoin launched in CryptoPerfromance platform on November 10, 2020 with 250 million CPC tokens created at genesis wallet. 50% Secondary distribution and launch incentives – 125 million CPC . The secondary distribution will insert monthly tokens to the market (Monthly 1,25% – 3,125 million, more information in the whitepaper) The secondary distribution can vary depending on market demand and thus shorten or lengthen the time. 20% Ecosystem Development grants with the issue of promotion – 50.000.000 CPC . The Ecosystem Development grants used for promotion like advantage program, cashback, Referral benefits and other incentives. For development purposes, any tokens can be brought into the market in advance. 15% Consumer Protection Fund – 37,5 million CPC . The Consumer Protection Fund is frozen until Dec. 31, 2022. 15% Team and Founders – 37,5 million CPC. At the start, 15 million CPC were distributed to team and partners. The remaining coins are frozen until Dec. 31, 2021
Who are the Founders of CPCoin?
The CPCoin was created by the founders Horst Stäbler and Giuseppe Rimola, who both have extensive crypto experience.
The two met in summer 2017 on a business trip “Event on the Circuit Mallorca Llucmajor”. From this point on, a close friendship developed as they both have the same interests for the crypto market.
They have worked together on more ICOs to bring innovative cryptocurrencies to market. Unfortunately, it is very difficult for coins to be established on the market after an ICO.
Troubled by this difficult and opaque market, a solution was worked on immediately. The question that arose was; How do you advance the crypto market and make it easier, better and faster for inexperienced users? This is why Crypto-Performance and the CPCoin was created.
Where can I buy CPCoins (CPC)?
As a native coin of the CryptoPerformance Platform, the CPC can be bought there. In addition, a holding program is offered, which is called the CPC Advantage Program, as advantage CPCoins are issued daily to hold the coins. The advantage is that the held CPCoins do not have to be blocked, but are freely available at any time. The detailed explanation is clearly defined in the white paper.
CPC is available for trading on a growing number of exchanges, with cryptocurrency and [stablecoin] (https://coinmarketcap.com/alexandria/article/what-is-a-stablecoin) pairs currently available.[Bitmart] (https://coinmarketcap.com/exchanges/bitmart/) and [P2PB2B] (https://coinmarketcap.com/exchanges/P2PB2B/) offers the pairs [Bitcoin] (https://coinmarketcap.com/currencies/bitcoin/) (BTC) and Tether (USDT) as of November 2020, while [Alterdice] (https://coinmarketcap.com/exchanges/Alterdice/) and Exrates also offers [Ethereum] (https://coinmarketcap.com/exchanges/exrates/)(https://coinmarketcap.com/currencies/ethereum/) (ETH).
New to cryptocurrency? Read CoinMarketCap’s easy guide to buying Bitcoin or any other token.
CryptoPerformance – The platfrom
CryptoPerformance, is an independent and user-friendly Cryptocurrency platform that is regulated with a Financial licence to buy and hold various digital assets.
On the website, you can buy, Hold, sell and trade bitcoin, ether and other digital assets. Whether you’re looking to go to the next level and upscale your crypto investing strategy, or are still trying to wrap your head around what cryptocurrency really means.
We are committed to growing and expanding the crypto community worldwide, by making crypto technology available to everyone.
At CryptoPerformance we cover all things crypto. Our site also provides a comprehensive guide to all the complex information that an eager beginner would need, in order to confidently start investing, to create a Digital Asset portfolio.
Our unique selling point, is making the purchase of different coins quick and easy for everyone, we are able to keep up with the most active traders.
Our advanced system is designed to process multiple transactions at the same time, giving you the flawless experience you’re looking for. And as for privacy and safety of your information, we provide the highest standards of security, so you can rest assured knowing that your digital assets are protected.
In addition, a special average program is offered to expand your crypto portfolio. Through the regular weekly purchase of different coins, we provide strategies on how to become a profitable crypto trader.
Because the future belongs to blockchain technology and it’s growing community, we are dedicated to growing our platform and expanding our reach with every transaction.