If you have any interest to buy Quartz (QUARTZ), 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 Quartz (QUARTZ).
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: Creating a Metamask Account
Search for https://metamask.io website or search for “Metamask extension” in your computer’s browser (you can install Metamask for Chrome, Firefox and Opera browsers).
Below I will show you how to install MetaMask extension for Chrome.
Look for ‘Add to Chrome” then click it to install MetaMask as a Google Chrome extension.
Then, you have to click “Add Extension”.
If you do all the above, you will have successfully installed MetaMask extension. It is easy as that! Next, you need to add your existing cryptocurrency wallet.
Just create a cryptocurrency wallet if you don’t have one yet. It is easy to do so.
Once the extension is installed, then, click on the icon found in the upper right corner to open the MetaMask. Also, make sure to read and accept the terms.
Still, you need to create a strong password and ‘click Create’.
After clicking “create”, you will see a 12 words seed phrase. You need to save seed words as a file or copy them to a safe place and click “I’ve copied it somewhere safe”.
Congratulations! Now you have successfully created an account in MetaMask with a new wallet address!
Go to Etherscan (Ethereum blockchain explorer) to view your address, check the QR code, copy your wallet’s address to clipboard or export your wallet’s private key.
Step 4: Depositing ETHEREUM to your MetaMask wallet
Move your cursor to “account name” found at the top of the window, which will show “Copy to clipboard”
Next, click on the “account name” and copy your address.
Then, paste the copied address in the “recipient” field in the App where you are sending your ETHEREUM or tokens from.
Choose the amount you want to send, follow all the steps to complete and submit the transaction and make sure to choose transfer network “Ethereum (ETH) ERC20”.
Important to Note: You need to look for guidance from the organization of the App you are using for information on how to move your ETHEREUM/tokens.
Step: 5 How to Make Your First Trade on Sushiswap
To do this, you need to go to the Sushiswap exchange website.
It is found on the top right, then click the ‘Connect to a wallet’ button, and log in with the wallet you wish to trade with.
For this, log in with a MetaMask wallet.
After you have logged in, the trading window will appear.
In the top field, choose the token you wish to exchange for the token you want. Let us choose ETH. Once in the bottom field, look for the token you wish to buy, or choose it from the drop-down menu, in this case (QUARTZ).
Once you do all that you can place your preferred order. Also, you can either choose how much you want to spend by typing a number in the top field, or select how much to buy by typing a number in the bottom one.
Look at the bottom of the order menu; you’ll be able to view how much you can expect to get.
If you’re satisfied with the amount, just click the ‘Swap’ button.
After clicking your wallet will show require you to confirm the trade, and potentially set the fees to a number that works best for you.
Once you do all the above, then, confirm the transaction and it will then be processed. After it is done, your tokens will show in your ERC20 wallet.
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 Quartz 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 Quartz 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 Quartz 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 Quartz with cash?
The answer is No. Because there is no way you can directly buy Quartz 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 Quartz 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 Quartz 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.
Sandclock is a multichain DeFi platform with the objective of creating ultra programmable money by leveraging cutting-edge yield generating strategies. By splitting principal from yield and allowing users to subdivide either of them to create their own strategies, Sandclock unlocks the programmability of capital. The design space is infinite: from investments into DCA vaults, corporate CSR management, zero-loss donations/investments/subscription services, to setting up DAOs that provide exit liquidity to NFT floor undercutters.
Sandclock team is focussed to onboard the next 50 million non-crypto users to web3, and they have put tremendous amount of time and effort into being compliant, seeking licenses (SOC 1/SOC 2 type II, FINRA, FinCen, CPO, etc), redesigning the crypto UX/UI from scratch, doing key management the right way, baking insurance into their products, and many other unique features.
What makes Sandclock Unique ?
To better illustrates the uniqueness of Sandclock, here are a few case studies to illustrate the core functionalities of the project.
Case Study I – Endowment:
Alice creates an endowment on Sandclock such that when her deposit generates yield, a portion of the yield goes to an account created for her mother. Based on the duration and size of the deposit, every month, Alice’s mom will receive funds with the option to reinvest it or push the funds to her prepaid spend card for grocery shopping. These cards will be issued by Sandclock.
Case Study II – Investment and Charity Support:
*John is a graphic designer and makes enough to make ends meet. John is interested in growing his wealth but also cares to support a local food bank. Jon will deposit his funds at Sandclock and will design his portfolio such that all of his principal auto-compounds for 5 years, and 50% of the yield generated is used to dollar cost average (DCA) into Ethereum, and 50% is donated to his local food bank for the next 5 years. In this scenario, John not only receives the benefits of growing his wealth through high rates of return offered by money markets on the blockchain, but also gets to invest in Ethereum, while feeling content that he is also helping a local not-for-profit.
Furthermore, John will also receive charitable tax receipts as NFTs airdropped to his account. These NFTs can either be traded (like carbon credits) or claimed for actual tax benefits.*
Case Study III – Preserving NFT Floor Price:
It is important for NFT community members to see the floor price of their NFTs continue to rise. Unfortunately, there are times that certain members of the community are in need of immediate funds and they undercut the floor price to sell their NFT. The activity associated with ‘floor price undercutting’ lowers the overall value of the NFT and is a major issue that has remained unresolved.
Using Sandclock, members of the NFT community can deposit their funds and generate exceptionally high rates of return on their money. They can also create a strategy such that, when a would be floor price undercutter needs liquidity, the yield from the aforementioned community members can be used to purchase the NFT at the floor price, and the new ownership of the NFT can be fractionalized and distributed pro rata to all participants who contributed with liquidity. All of this is achieved programmatically, and the NFT community members will be empowered to enjoy a substantial return on their deposits at Sandclock while preserving the floor price of their NFT.
Case Study IV – Solving Cash flow Challenges:
Women’s Shelter is a not-for-profit organization that provides shelter and support for women and families fleeing domestic violence and other crises. Critical to their operational need is certainty of monthly cash flow so they could continue to deliver care and support for the women they serve. Unfortunately, the certainty of monthly cash flow is a pain that is felt by most not-for-profits.
Using Sandclock vaults, donors or the not-for-profits can deposit funds and while the principal is preserved, the yield can be used to serve as a ‘constant’ cash flow to be used for operational uses. This certainty of yield flow, either created by the not-for-profit or a donor (with the option to set it in perpetuity) is a unique offering that will bring tremendous value to global NGOs in need of managing their cash flows.
Case Study V – Zero-loss Donations:
The recent humanitarian crisis in Afghanistan echoed the need for efficient methods in how refugees could be supported globally. Although aid and relief is pursued, the presence of many layers of “middle-men” and corruption makes it extremely hard to get the right aid to the deserving refugee when they need it.
*In collaboration with UNHCR, when an individual receives their Refugee Card, they can also receive a Sandclock prepaid spend card. When Sandclock platform users allocate a portion of their yield to support Afghan refugees, the funds will directly move to top up refugee prepaid cards so they could have funds to buy necessary provisions for their families.
This example demonstrates a novel mechanism of zero-loss donation and the Sandclock team recently participated in an event during the United Nations General Assembly to speak on the matter.*
As described previously, the design space to use Sandclock is infinite. While we may offer certain features through our own user interfaces, our smart contract scan be used by developers and engineers to build their own unique innovations.
How Many QUARTZ (QRTZ) Coins Are There in Circulation?
At the time of writing this, there are 2.9 million tokens in circulation. There are 100,000,000 tokens in total, ~30% of which is perma-locked for ‘Charity Mining’.
Who are the Founders of Sandclock
Sandclock is cofounded by :
* Cristiano Teixeira (formerly with Akropolis and Nebulas) as Chief Executive Officer (Twitter, Linkedin)
* Alexander G Hughes, JD (Combat veteran experienced in high-stakes litigation, Crypto Law etc.) as Chief Legal and Compliance Officer (Twitter, Linkedin)
* Elizabeth Teixeira (Experienced marketing and communications leader) as Chief Operating Officer (Twitter, Linkedin)
* Q Rasi (Crypto banker, University Lecturer, Entrepreneur) as Chief Strategy Officer (Twitter, Linkedin)
The project launched a fair LBP Auction on October 23rd 2021 and raised over $16.9M, bringing total company funding to $19.9M.
Where Can You Buy $QUARTZ (QRTZ) ?
At the time of writing this article, QRTZ is available on Sushiswap