If you have any interest to buy Totem (CTZN), 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 Totem (CTZN).
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 Huobi
Now let me show you how to Totem (CTZN) using your investment from Binance.
But not every crypto can be traded in Binance we need to transfer our coins to an exchange that Totem (CTZN) 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 Totem (CTZN), 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 Totem (CTZN)
Now you have to go back to Huobi to buy Totem (CTZN) 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 “CTZN”.
After you move your coin click on it and now you will see a price chart of CTZN/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 CTZN”. Now you own your CTZN!
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 Totem 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 Totem 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 Totem 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 Totem with cash?
The answer is No. Because there is no way you can directly buy Totem 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 Totem 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 Totem 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 TOTEM // $CTZN?
Totem is building New Earth Systems by forging Web3 tools and communities into a single OS. Your totem is your identity, dashboard & toolset, placed within a unified and curated interface. Totem is providing Web3 tools, NFT gated communities, and more, all in one place, to bring real-world utility to Totem’s Citizens as we reveal and enjoy the open metaverse.
Totem OS is a dashboard for all your Web3 tools and management of your digital portfolio. The first tools available will have a focus on metaverse integrations and community. The dashboard will allow users of all experience levels to sharpen and leverage their knowledge of Web3 to make the most of this new era of the internet. Totem OS is the operating assembly that will house custom tools curated by the Totem team to empower the community with an exceeding array of applications.
$CTZN will be the preferred and interoperable token used across the entire Totem ecosystem, bringing simple solutions to staking, spending, access, and more. It is the value exchange in the collective journey towards true ownership in the virtual economy.
Who are the founders of Totem?
Totem was founded in 2020 by Daniel Hanks, Xela Ray and Xndr Jordan.
DANIEL HANKS (Chief Executive) // DANIEL has over 10+ years of experience in business growth and management, creative direction, and concise brand development. Orchestrating both his teams and partnerships through a wide methodical lens and a detailed view of the future. Using his decisiveness, tenacious vision, and modernized perspective to make innovative changes.
XELA RAY (Chief Strategy) // XELA has worked as a multimedia artist / designer specializing in business strategy and vision. He uses his 11+ years of experience in business development, visionary leadership, excellent people skills, and exceptional analytical abilities to look after the needs of the consumer and company.
XNDR JORDAN (Chief Creative) // XNDR is a true savant in his field when it comes to content creation and management Xndrs vast expertise coupled with 10+ years of experience as a film director and internet trend analyst has sharpened and honed his passion into a surgical tool. He directed and produced viral content across almost every web2 platform with KOLs of all sizes. The Totem team consists of 20+ employees, who work hands-on to ensure all content and partnerships are aligned with their vision of blockchain’s application and purpose the metaverse will serve in our day-to-day lives.
What Makes Totem Unique?
Totem turns dreams into reality by developing an ecosystem that truly rewards its users and puts the creator community first. Totem is bringing together artists, developers, creators and experts to open the doors to the metaverse in a way that will serve humanity and the Earth.
Totem is a leader in the collective journey towards true ownership in the virtual economy.
Staking is often a linear and transactional process. We add innovative ways to increase the value of staking to create metaversal utility, which will be tracked via your TOTEM OS dashboard. For example:
Stake for NFT rewards
* Access apps, communities, etc.
* Badges (show proof of involvement/support)
* Axis specific utility
Stake for XR unlock
Later phases of the ecosystem will be fully co-created with the community through both shared ideas and incentives. Using this process, we will develop the full XR and AR layers of AXIS and your TOTEM dashboard and profiles.
Totem OS will provide multiple tiers of engagement for users, tools, and communities looking to interact with our platform:
*Citizens (Users) – Access to all of our tools free of charge. Stake $CTZN to earn DAO governance rights. Purchase AXIS Tokens to enter communities.
*Tools (Developers) – A mixture of staking $CTZN and/or allocating a small % fee on transactions happening through Totem OS. Depending on the partnership, Totem can offer many services from adding blockchain functionality, to a simple reskin.
*Community Leaders – Stake $CTZN, release an AXIS Token for sale on Totem OS as a key to their community and the AXIS tools Totem offers.
Totem is also one of the growing number of projects to use a decentralized autonomous organization (DAO) structure for governance decisions. As a result, $CTZN token holders are in control of how the Totem ecosystem behaves, by proposing and voting on policy updates, the specifics of upcoming announcements, and the types of content that is allowed within the Metaverse.
Check out Ethereum (ETH) — one of the blockchains that hosts the $CTZN token.
Check out Binance Smart Chain (BSC) — the other blockchain that hosts the $CTZN token.
Get the latest crypto news and latest trading insights with the CoinMarketCap blog.
How Many Totem (CTZN) Coins Are There in Circulation?
Totem’s Citizen (CTZN) tokens have a total supply of 1 billion tokens. Out of this, around 18.4 million tokens were in circulation as of mid-December 2021.
How Is the Totem Network Secured?
CTZN is an ERC-20 token. This means it is based on the Ethereum blockchain.
Ethereum is secured by a massive decentralized network of miners, which work together with thousands of nodes to ensure the Ethereum blockchain—and hence the CTZN tokens—is protected against attacks.
As one of the most battle-tested blockchains in current usage, Ethereum is currently the most popular network for crypto tokens that don’t have their own native blockchain.
Where Can You Buy Totem (CTZN)?
Currently, Totem’s Citizen (CTZN) tokens can be purchased on Uniswap or PancakeSwap.