If you have any interest to buy SeatlabNFT (SEAT), 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 SeatlabNFT (SEAT).
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.
- Next, click “Buy BTC. A window that contains all the details of your order will pop up. However, before you confirm your order you need to read the disclaimer and Terms of Use. Once satisfied, confirm your order by ticking the tab and head to “Go to payment’’; click.
- 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 Huobi
Now let me show you how to SeatlabNFT (SEAT) using your investment from Binance.
But not every crypto can be traded in Binance we need to transfer our coins to an exchange that SeatlabNFT (SEAT) can be traded.
I will show you how to use Huobi which is a famous exchange to trade altcoins. We will use the link below to register your new account.
Once you have completed similar processes as you have done before with Binance you are ready to transfer our Bitcoins.
Step 4: Depositing BTC to Exchange
After you have created your trading account setup at one of the exchanges that trades SeatlabNFT (SEAT), you will need to transfer your BTC from Binance to that specific exchange.
Usually done through a wallet system. to huobi deposit move your mouse over to “Balances” on the top right and click “Exchange Account”. Look for “BTC” from Token section and copy the given “Deposit Address”
To do this part may be a little difficult but don’t worry, it is easier than a bank transfer. Then copy your unique BTC wallet address and go back to Binance.
Then 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.
You have to paste the deposit address you just copied from the other exchange and select BTC as the transfer network. Type down the amount that you want to withdraw (you may click the Max button if you want to withdraw all).
Next, click on the Submit button to begin with the withdrawal process. To proceed 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’s all, now you should wait for a while so that the blockchain to confirm your transaction.
Step 5: Trade SeatlabNFT (SEAT)
Now you have to go back to Huobi to buy SeatlabNFT (SEAT) with the Bitcoins you sent.
Move your mouse over “Spot Trading” and click “Exchange” then you will see trading menu. Look for huobi trade in the left column make sure to select “BTC” pair and in the search bar type in “SEAT”.
After you move your coin click on it and now you will see a price chart of SEAT/BTC in the middle of the page. Select the “Market” tab as that is the Easiest way of buying orders.
Also, 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.
Once you have confirmed everything, click “Buy SEAT”. Now you own your SEAT!
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 SeatlabNFT 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 SeatlabNFT 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 SeatlabNFT 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 SeatlabNFT with cash?
The answer is No. Because there is no way you can directly buy SeatlabNFT 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 SeatlabNFT 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 SeatlabNFT 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.
About SeatlabNFT (SEAT)
Overview of SeatlabNFT:
SeatlabNFT uses NFT technology to increase connectivity between artists, fans, event organisers, and brands. We are creating a more immersive experience for event-goers, and allowing artists to provide real value in their relationships with fans by identifying and rewarding loyalty and event attendance.
The live events industry is driven by profit, plagued by touts and dehumanised by bots; we’re developing a new system that puts experience and connection back at the heart of attending live events.
Built on the NEAR Protocol blockchain, our platform also aims to revolutionise the event ticketing industry by eliminating fraud and significantly reducing the impact of scalping. We’re tokenising tickets and governing their use with smart contracts. Smart contracts enable predefined royalty splits.
When a ticket is minted, artists and event creators can choose where a percentage of the revenue from any secondary sales is directed, reducing the impact of ticket scalping and putting secondary revenue back in the pockets of artists and event organisers.
Our goals
Incentivise and Reward Fans
Collectable assets can be airdropped to ticket holders’ wallets before, during or after the event has taken place. Sellers can attach mystery NFTs to certain ticket types to be revealed after the event, engaging with fans whilst they’re still buzzing from their experience. These could be digital media from the event itself, such as an image, video or even live audio recording, which can be kept as mementoes or resold as collectibles allowing fans to extract real value from event attendance.
Eliminate Fraud
An NFT provides the proof of ownership of an event ticket, the validity of which can be easily verified on the public ledger and would permit entry to an event. Anyone who holds an NFT ticket in their mobile wallet would undeniably be its rightful owner, thanks to the nature of NFT and blockchain technology.
Reduce the Impact of Touting and Scalping
We’re giving artists the tools they need to fight back. When minting NFT tickets on our platform, artists and promoters can set conditions such as royalty splits and price ceilings to govern what can and can’t be done with tickets after their initial sale.
A healthy & transparent secondary market
A healthy secondary ticketing market for most events is needed; plans change, and event-goers need the ability to resell their tickets. Equally, fans need the chance to get hold of previously sold out tickets. The tools we’re providing allow artists a level of control over the secondary market that hasn’t previously been possible.
As is common practice with NFT artwork, the SeatlabNFT platform lets artists attach royalty split conditions to NFT tickets when they are first minted. This would mean a percentage of the value of each resale would automatically be sent back to a specified wallet (or multiple wallets when several parties are claiming royalties).
This opens up a brand new, previously untapped stream of revenue.
Creating NFT collectibles and digital merchandise is also an excellent opportunity to generate additional revenue. When airdropped to ticket holders as incentives and rewards, ticket holders can resell them on the open market. If the issuer sets royalty splits when creating these assets, the royalty beneficiaries will earn a percentage of the resale revenue.
Sellers can also create NFT collectibles and digital merchandise to sell alongside their tickets as standalone products as another way of increasing revenue.
Token Utility
The $SEAT token is the utility token of the SeatlanNFT platform.
Staking
Staking on SeatlabNFT is entirely optional but available to anybody holding our token. As with the other benefits that come with holding $SEAT, staking payouts scale to reward a larger investment.
By playing an active role in the SeatlabNFT ecosystem by staking $SEAT, users will receive a portion of the revenue generated from the 6.5% booking fee charged on all purchases. 2.5% of all platform revenue is always paid out to stakers.
Of course, the revenue the user receives depends on the number of $SEAT tokens they stake.
Booking Fee Discount
Holders of $SEAT benefit from a reduced booking fee, which scales with the number of $SEAT tokens they hold. To ensure this does not impact $SEAT staking payouts, any reduction in the booking fee is taken from the treasury’s split of the booking fee revenue. This means that staking rewards are fully protected.
Rewards Centre
On top of the benefits listed above, holders of $SEAT will also have access to an exclusive Rewards Centre.
Simply by holding our token in a wallet connected to SeatlabNFT, users will accrue points, redeemable via the Rewards Centre. The Rewards Centre is easily accessible through the user dashboard and gives $SEAT holders access to a variety of exclusive perks.
There are three different types of points that you can earn: Sapphire, Gold and Holographic. The type of points you’ll earn are based on the number of $SEAT tokens you hold in your wallet; Holographic is the top tier, Gold is the middle tier and Sapphire is the base tier. Every 30 days you hold a certain number of $SEAT tokens, you will earn one of these points that can be used to redeem a reward from the corresponding rewards pool in the Rewards Centre.
What Is SeatlabNFT (SEAT)?
An NFT event ticketing marketplace helping artists foster closer connections with fans, eliminating fraud and reducing the impact of scalping.
SeatlabNFT features include:
Listing events and minting tickets
Once you’ve been approved for a seller’s account, listing events and minting tickets can be done in just a few steps. The first step is to provide the basic details of your event like its name, date, time, and then set a longer description, thumbnail and cover photo. If you toggle on the virtual event switch, the venue location field is replaced by a URL field.
You’ll then be asked to set up the different ticket types you’d like to sell,
the quantity and set up any royalty splits. You can also toggle on or off the ability to allow resales.
The NFT tickets are fully customisable and brandable, just like NFT artwork. Artists and event organisers can design them however they like. The seller dashboard gives you the opportunity to customise the aesthetics of your NFT tickets, from the background image to the overlay colour.
Each ticket type can have a different design so they stand out.
Minting NFT tickets on the SeatlabNFT marketplace can be done in a matter of minutes and is free to do. We don’t charge a platform fee to issue tickets, and the nominal gas fees are covered by the Treasury.
Royalty Splits
A key defining feature of the SeatlabNFT platform is the ability to set royalty splits. By setting a royalty split, sellers can identify one or more beneficiaries to receive a percentage of any future resale revenue if tickets are sold on the secondary market. Multiple royalty beneficiaries can be set up and even assigned to different ticket types if needed.
Airdrops
Sellers can airdrop exclusive perks to ticket holders. Within the dashboard, sellers can view all of their events and the current and past ticket holders for those events. You can create exclusive NFTs from any digital media (images, video, audio records, etc.) and airdrop them to holders of different ticket types. As with the NFT tickets themselves, royalties can be attached to these NFT airdrops so if they are resold on the secondary market the royalty beneficiaries receive a percentage of all future resales. Airdrops can be sent to current ticket holders, past & present ticket holders, or schedule the airdrop for a later date.
Collectables
In addition to free airdrop incentives, artists and event organisers can create standalone collectibles to sell alongside their NFT tickets. These can be things like audio files, videos, images or graphic assets.
In-Depth Reporting
The main dashboard gives sellers an in-depth overview of ticket sales and revenue. The data is broken down to show what percentage of tickets have been sold by event and ticket type, including both primary and secondary sales. Sellers can also see the full transaction history of each ticket including how many times it has been resold, and for how much each time.
NFT Marketplace
Our all encompassing marketplace allows people to mint and sell NFT tickets, collectibles and perform airdrops all in one place. We’re also fostering a healthy secondary market where buyers and sellers can transact all types of NEAR-based NFTs.
Secondary sellers can set their own ask prices and buyers can choose to pay the ask price or submit a bid. Both sellers and buyers can see the full transaction history of an asset so they can quickly determine historical price appreciation.
Platform Fees
Listing events, minting NFT tickets and selling them on the SeatlabNFT platform is always 100% free for artists and event organisers. Thanks to NEAR’s blockchain architecture, gas fees for high-volume NFT minting are extremely low. Furthermore, our treasury covers the full cost of any minimal gas fees incurred, and we don’t charge sellers a platform fee.
Buyers
– By default, buyers pay a 6.5% fee on any purchase. This is reduced for buyers who hold $SEAT tokens.
Sellers
– There are no fees for selling NFT tickets on our platform.
Minting
– We do not charge a fee to mint NFT tickets, and the nominal gas fees are paid by the SeatlabNFT Treasury. Creating tickets is always free
How Many SEAT Coins Are There in Circulation?
Max Supply: 845,000,000
Total token supply: 845,000,000
Who Are the Founders of SeatlabNFT?
Ryan kenny – Founder/Managing Director
Ryan has been involved in the blockchain space since 2012 and has gained an invaluable understanding of what this revolutionary new technology can achieve.
Previously, Ryan ran a web development and marketing agency for five years, working with some of the biggest household names listed below.
Alongside this, Ryan has been responsible for a plethora of digital marketing campaigns for the live events industry, working brands such as McFly, Sean Paul, Craig David, UB40, The Libertines, Coombe Weekender Festival and many more.
Together with his long-standing business partner Jack, the two entrepreneurs founded and operated a bespoke software development company building B2B commercial software and applications for businesses in a wide range of industries, leading to the creation of Seatedly.
Jack Waterfield – Founder/Creative & Community Director
Jack is a creative director with over a decade of experience working in the design and development field. Having founded a successful web development and marketing agency with his business partner Ryan Kenny, Jack has been able to work alongside a wealth of well-known brands such as Pepsi, UK Government,Holland & Barrett, Wembley Arena, FREEMAN EMEA and more.
He is actively involved in the community management of several blockchain projects and has successfully grown an engaged following across various online platforms.
As a recording artist himself, he understands the problems facing the ticketing industry today and is uniquely positioned to create viable solutions to ensure attending events and purchasing tickets is fair for all involved.