SeaChain is a cryptocurrency network with an environmental twist. The platform is devoted to funding trash barriers in heavily polluted rivers around the world and becoming a sustainable cryptocurrency.
With a wide range of platforms for buying crypto online, it can be difficult to know how to purchase Seachain tokens safely. We’ve put together a simple step by step guide to buying Seachain coins online.
What is SeaChain?
SeaChain is a sustainable blockchain that is trying to tackle ocean and river plastic pollution using a trash collection system. SeaChain is built on the Binance Smart Chain as it uses a Proof-of-Stake consensus mechanism which is much more environmentally friendly than Ethereum (ETH) or Bitcoin (BTC). SeaChain has a sea-themed NFT collection that can be used within their games.
SeaChain is aimed at funding pollution barriers that will help remove the plastic that is clogging up our waters. They also want to develop verification solutions that will be used in the plastic supply chain and other
SEACHAIN is the native token of the network and is a BEP-20 token. BEP-20 tokens are tokens built to the Binance standard. They are similar to an ERC-20 token within the Ethereum ecosystem.
To purchase SEACHAIN, you will need to use a cryptocurrency exchange – a platform that allows users to trade cryptocurrencies. While many well-known cryptocurrency exchanges accept traditional fiat money for cryptocurrency purchases, SEACHAIN is only available on altcoin exchanges such as ApeSwap, where cryptocurrencies can only be exchanged for another cryptocurrency.
To obtain SEACHAIN tokens, first acquire a well-known cryptocurrency such as Bitcoin or Ethereum using fiat money on an exchange like Coinbase or CryptoWallet. Then you can move it to an altcoin exchange where it can be traded for Seachain tokens.
We feel that using CryptoWallet to buy BTC and then transferring it to an altcoin exchange is the most convenient option. It is even easier with our mobile app that lets you trade tokens wherever you are!
Step 1: Register on Fiat-to-Crypto Exchange
Firstly you’ll need to register on a Fiat-to-Crypto exchange like CryptoWallet. With CryptoWallet you can use our desktop site or mobile app to purchase any of the 5 largest cryptocurrencies by market cap (BTC, ETH, XRP, LTC, USDT) using your credit or debit card.
To register on CryptoWallet:
- Click New Account at the top of the CryptoWallet webpage to register for your account – you’ll need to verify your identity at this stage.
- Once registered you will be taken through the steps to set up your cryptocurrency wallet. You’ll be give a secure seed phrase to help you recover access to your funds if you ever need it. MAke sure to write this down on paper rather than on an electronic device.
- When the verification process is complete you’ll be all set to buy BTC tokens!
Step 2: Buy BTC with Fiat Money
You can now buy BTC tokens using our website or mobile application!
You’ll need to transfer fiat money to your new crypto wallet. This can be easily done with a credit or debit card.After you’ve transferred your cash to your wallet, you can now swap fiat money for BTC tokens by visiting our cryptocurrency exchange. Choose the number of BTC tokens you want to buy and confirm the price you’re paying.
When you click Select, your BTC tokens will be added to your wallet! Your transaction may take a few minutes to settle on the blockchain.
Step 3: Transfer BTC to an Altcoin Exchange
Next step is to move your BTC tokens to an exchange that supports Seachain. Currently the only exchange that accepts Seachain trades is ApeSwap – a Binance-based Decentralized Exchange (DEX). A DEX is an exchange that facilitates trades without an intermediary.
As ApeSwap only accepts BEP-20 tokens, you’ll have to use Binance’s bridge to convert your BTC to BTCB. BTCB is a BEP-20 token that is backed by locked BTC tokens on the Bitcoin blockchain. It lets you use your BTC tokens within the Binance Smart Chain ecosystem. Binance has a simple guide to bridging your tokens here.
You’ll need to set up a wallet that supports Bitcoin and Binance tokens. TrustWallet (an android based wallet) and MetaMask (iOS, Windows and in-browser extension) will let you hold BTC and BEP-20 tokens.
Once your BTC tokens have been moved to your new wallet and bridged, you can head to ApeSwap and trade them for Seachain tokens. Select the trading pairs of SEACHAIN/BTCB on their trading page and you can swap your BTCB tokens for SEACHAIN.
Last Step: Store Seachain Securely
The most important step is to store your crypto tokens securely. It’s essential to use a safe wallet that cannot be accessed by anybody else. Because many cryptocurrencies are not supported by well-known wallets, bad actors have created wallets that steal your information or funds. With so many options, we’ve examined some of the best secure wallets for holding your crypto tokens.
A crypto wallet is made up of two keys that you must use to access your funds. A private key (similar to a password) for sending tokens and a public key (similar to an email address) for receiving payments. There are two types – a hardware (“cold”) wallet or a software (“hot”) wallet.
A cold wallet is the most secure choice since it stores your keys offline in a physical device. Ledger is a reputable hardware wallet company that supports Seachain tokens. Cold wallets can be inconvenient as they must be connected to an online device in order to access your assets which may take time or not be possible depending on where you are..
Hot wallets are far more convenient because your information is kept online and is easily accessible anytime. However, because they are continually connected to the internet, they are more vulnerable to hacking.
Many cryptocurrency exchanges have addressed this by having all assets backed up or guaranteed for protection. All of your funds with CryptoWallet are backed up by BitGo, a major crypto asset custodian, ensuring that your funds are always safe.
For simplicity and security, many people prefer to keep the bulk of their crypto assets in major cryptocurrencies using a secure wallet. They store and trade cryptocurrencies such as SEACHAIN in a separate, smaller wallet.
Other useful tools for trading Seachain
Many crypto traders use a VPN service when trading online. This can be useful for added anonymity or even accessing platforms that may not be available in your country. There’s a wide range of VPN services available so it’s important to do thorough research online when selecting a VPN service.
Can I buy Seachain with cash?
It is not currently possible to buy SEACHAIN online using cash. Although many platforms may claim to let you buy SEACHAIN using a credit or debit card, these are often scams designed to steal your credit card information. It’s important to always take care purchasing crypto online.
SEACHAIN can only be traded for other cryptocurrencies on crypto-only exchanges like ApeSwap.
Are there any quick ways to buy Seachain in Europe?
The quickest and safest way to buy SEACHAIN coins is by buying BTC tokens using a credit or debit card on a trusted exchange like CryptoWallet. Then you can trade your BTC tokens for SEACHAIN tokens. Using CryptoWallet you can quickly buy BTC tokens on our mobile app. Then you can trade BTC tokens for SEACHAIN on a crypto-only exchange.
Are there any alternative platforms to buy Seachain or Bitcoin with credit cards?
Many platforms will claim to let you buy SEACHAIN or Bitcoin using credit cards. However we would always recommend you do your own research (DYOR) thoroughly before buying any cryptocurrency online. Many of these platforms are unreliable or even scams designed to steal your funds or credit card information.
The safest option is to buy BTC tokens using an assured exchange like CryptoWallet.