If you have any interest to buy Sharder (SS), 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)
1.2 Fill in your trading details
1.3 Allow 2FA-Two-factor authentication (Optional)
Step 2: Buying your first Bitcoin (BTC)
I highly recommend buying Bitcoin first and then trading it for the right amount of Sharder (SS).
Step 3: Transferring Your Cryptos to an Altcoin Exchange HotBit
Now let us purchase Sharder (SS) using your investment from Binance.
But, not every crypto can be traded in Binance we need to transfer our coins to an exchange that Sharder (SS) can be traded.
So let me guide you to Hotbit which is a famous exchange to trade altcoins. We will 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
You have to deposit to hotbit once you have created your trading account setup at one of the exchanges that trades Sharder (SS), you will need to transfer your BTC from Binance to that specific exchange.
Use your wallet system to do this. Next, move your mouse over to wallet on the top right and click “Deposit”. You have to make sure the setup 2FA in this part. Find “BTC” from Token section and copy the given “Deposit Address”
This part may be difficult to do, it is easier than a bank transfer. But once you copy your unique BTC wallet address 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.
Next, paste the deposit address you just copied from the other exchange and select BTC as the transfer network. Then type the amount that you want to withdraw (you may click the Max button if you want to withdraw all).
Then 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’s all, now you should wait for a while so that the blockchain to confirm your transaction.
Step 5: Trading Sharder (SS)
Now you need to go back to Bitmart to buy Sharder (SS) with the Bitcoins you sent.
Then click “Exchange” and you will see trading menu. hotbit trade In the left column make sure to choose“BTC” pair and in the search bar type in “SS”.
If you have moved your coin click on it and now you will see a price chart of SS/BTC in the middle of the page. Select the “Market” tab as that is the most straight-forward type 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.
After you have confirmed everything, click “Buy SS”. You have your own your SS!
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 Sharder 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 Sharder 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
- 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 Sharder for some long time, you need to find ways to ensure it stays safe safe,
Frequently Asked Questions
Is it possible to buy Sharder with cash?
The answer is No. Because there is no way you can directly buy Sharder 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?
What are the quickest ways I can buy Sharder while living in Europe?
Can I use alternative platforms to purchase Sharder or Bitcoin with credit cards?
What is Sharder?
Sharder is a multi-chain storage and validation network. Centralized storage solutions are prone to data breaches, Sharder’s distributed storage network aims to solve this problem. Data is encrypted, shard (split into small fragments) and then distributed across Sharder’s global storage network. Sharder’s validation & authentication service aims to protect all types of digital files from fraud and manipulation. The goal is to prevent falsified medical records, work contracts, safety reports, or university degrees. Utilizing blockchain technology Sharder saves the files hash or digital fingerprint ensuring it is securely stored, immutable, and verifiable.
How does Sharder work?
SS tokens are cryptocurrency embedded in the Sharder network. SS is required to pay for storage services and nodes are rewarded with SS for providing storage space and validating transactions on the network. Sharder has built its own range of hardware: The Sharder Hub is a micro node miner with built-in storage and validation capabilities. The Sharder Box provides validation, mining, and 96TB of storage space to the network. The box can be set up to dual mine other DPOS, POS & POC coins.
Storage applications can be built on top of Sharder. SignEase is an electronic signature application that utilizes Sharder for the storage and validation of file hashes. Every contract stored on SignEase is validated by Sharder. Island Blockchain Storage is a phone application for the storage of a person’s most sensitive data, including photos, videos, documents, and notes. More information can be found at https://sharder.org