How and Where to Buy A2DAO (ATD) – An Easy Step by Step Guide
A2DAO is a fundraising platform designed to let retail investors get involved in exciting new startups. It also provides expertise to chosen projects to accelerate their growth. To help you buy ATD tokens online, we’ve put together an easy step by step guide to buying ATD tokens online.
What is A2DAO?
A2DAO (ATD) is an investment platform for users who want to get involved in projects at an early stage. Users can stake ATD tokens to gain access to token drops. Allocation will be based on the amount staked.
Projects that are submitted will be audited by the A2DAO team. Once approved they will receive marketing help and expertise as part of their project accelerator program. The A2DAO community can discuss and vote on projects which will affect their rating.
If you’re interested in buying ATD tokens online you’ll need to visit a cryptocurrency exchange. This is an online platform for trading digital assets including cryptocurrencies and NFTs. On these platforms you can buy cryptocurrencies using fiat currencies or trade them for other cryptocurrencies.
While some popular exchanges like Coinbase and CryptoWallet.com let you buy tokens with a credit or debit card, others are strictly crypto-only. On these exchanges, known as altcoin exchanges, you can only exchange crypto tokens for other crypto tokens. To buy a token like A2DAO you’ll need to use one of these altcoin exchanges.
The easiest way to buy A2DAO is to buy a cryptocurrency like Bitcoin (BTC) or Ethereum (ETH) on a regulated exchange like CryptoWallet.com. Then you can transfer your tokens to an altcoin exchange and swap them for ATD tokens.
We’ve put together a simple step-by-step guide to buying ATD tokens using CryptoWallet.com. Our mobile app makes it even easier to buy tokens using a debit or credit card. Then you can spend your tokens in stores worldwide using our crypto card.
Step 1: Register on Fiat-to-Crypto Exchange
To buy tokens using CryptoWallet.com you’ll need to register and set up your cryptocurrency wallet:
- To open an account on CryptoWallet.com, you’ll have to provide proof of identity and enter your personal information.
- You’ll be taken through the set up of your crypto wallet including being given a seed phrase. This phrase will be used if you ever lose access to your account. Make sure to write this down on paper rather than storing it on an online device for security.
- In just a few moments your account will be set up and you’ll be ready to start buying and trading cryptocurrencies.
Step 2: Buy ETH with Fiat Money
Now that you’ve registered on CryptoWallet.com you can fund your wallet with fiat money. This can be done easily using a bank card or wire transfer.
Once your wallet has been funded and the transaction has cleared, you can head to our cryptocurrency exchange. Here you can select the cryptocurrency you want to buy. Choose the amount of Ether you wish to buy and confirm the price.
After you click the Select button, your BTC tokens will be transferred to your wallet. The order may take a couple of minutes to complete and appear in your wallet.
Step 3: Transfer ETH to an Altcoin Exchange
Next step is to trade your Ether tokens for A2DAO tokens. This can be done on an altcoin exchange like Gate.io or PancakeSwap.
Gate.io is a popular global centralized exchange. PancakeSwap is a Decentralized Exchange (DEX) that solely supports Ether or ERC-20 tokens. ERC-20 tokens are tokens built to the Ethereum standard. Each exchange may offer a different trading price, so it’s worth checking out both exchanges.
To use these exchanges for trading Ether and A2DAO, you’ll need to use a wallet that supports ETH and ATD. CryptoWallet.com currently does not support altcoins such as ATD. So you’ll need to use a separate wallet for trading ATD. Many investors use a convenient software wallet like MetaMask or TrustWallet when trading in altcoin.
Once you’ve set up your altcoin wallet you can use your wallet keys to transfer your ETH tokens from CryptoWallet.com. Then head to your chosen altcoin exchange and choose the trading pairs ETH/ATD on the exchange page.
You’ll need to connect your wallet or use your keys here. Choose how much ETH you want to trade for ATD and confirm the exchange. Your ETH tokens will be traded with ATD tokens in your wallet.
Note: Trading and transferring ETH may incur a high gas fee so it’s important to budget for this when trading online.
Last Step: Store A2DAO Securely
The most important step is storing your holdings securely. There’s a wide range of wallets on the market and some of these are scams or unreliable. To help you make your choice we’ve taken a look at some of the more secure wallets available.
Let’s take a look at what a cryptocurrency wallet is. A wallet is composed of two keys: a public key is used to receive tokens and a private key is used to send tokens. There are two types of wallets. A software or “hot” wallet which stores your keys online and a hardware or “cold” wallet that stores your keys offline.
Hot Wallets vs. Cold Wallets
Cold wallets are less susceptible to hacking as your information is stored offline in a physical device. However they need to be connected to an online device to use fully. This can be inconvenient for some traders. They are typically much more expensive than software wallets. For traders who want the added security of a hardware wallet, Trezor and Ledger make a range of wallets to suit your needs and price range.
Hot wallets are much more convenient to access and use. Some wallets are self-custody wallets where you have sole custody of your keys. This also means if you lose access to your keys your funds will be inaccessible. Many popular exchanges like Coinbase, Binance or CryptoWallet.com offer a custodial wallet where your keys are held by the exchange for convenience.
To store ATD tokens in a software wallet, you’ll need to use an altcoin wallet like TrustWallet or MetaMask. These are available as browser extensions and mobile apps. Then you can store the bulk of your crypto holdings in a protected wallet like CryptoWallet.com to ensure your funds are safe.
Other Useful Tools for Trading A2DAO
CoinMarketCap has data on nearly every cryptocurrency, including information such as coin price history, whitepapers, community sites, price charts, market data, and much more. If you’re unfamiliar with a token, CoinMarketCap is a great place to start. On the Markets tab you can even see what exchanges support your chosen token.
CoinMarketCal is a handy app that keeps you updated on any events in the cryptocurrency market. You can look at individual token pages or select which tokens you want to receive alerts about. It also has a social aspect where users can submit news about tokens and discuss upcoming events.
OpenOcean aggregates prices from a wide range of cryptocurrency exchanges including DEXs. OpenOcean helps you find the best prices with the lowest slippage so you can find the best deals.
Frequently Asked Questions
Can I buy A2DAO with cash?
No. There is no direct way to buy A2DAO with cash. The easiest way to get A2DAO tokens is to buy BTC tokens with cash on an exchange like CryptoWallet.com and then convert them to ATD tokens via an altcoin exchange.
Are there any quick ways to buy A2DAO in Europe?
In Europe, the easiest way to buy A2DAO tokens is to use a credit or debit card to purchase ETH tokens from a regulated exchange like CryptoWallet.com or Coinbase. You can then trade your tokens for A2DAO coins on an altcoin exchange. The CryptoWallet.com mobile app makes it even easier to purchase cryptocurrencies on the go.
Are there any alternative platforms to buy A2DAO or Ether with credit cards?
Although many platforms claim to support buying A2DAO or Ether with a credit card, it is critical to do your own research (DYOR).
Some of these websites are unregulated or even frauds designed to take your money. When purchasing cryptocurrency with a credit card online, always use a regulated service such as CryptoWallet.com.