A quickstep by step tutorial on how to buy ICO from bitfinite.co
Step 1: Sign up for a digital Wallet
To buy the Bitfinite ICO you first need a digital wallet. A digital wallet is also a called a cryptocurrency wallet. This wallet is a software program that stores private and public keys and interacts with various blockchain to enable users to send and receive digital currency and monitor their balance. If you want to use Bitcoin or any other cryptocurrency, you will need to have a digital wallet.
I personally use Coinbase as my digital wallet. Coinbase is a secure online platform for buying, selling, transferring, and storing digital currency. The Coinbase mission is to create an open financial system for the world and to be the leading global brand for helping people convert digital currency into and out of their local currency.
Step 2: Convert USD into Bitcoin
After you signed up for your Coinbase account and have verified your identity it is now time to convert your USD into bitcoin! There are two main ways to do this.
- Add your credit card to your account (fast transaction times, but limited on the amount you can transfer).
- Add your bank account (slower transaction times, but you can send larger amounts of money).
Choose which way you’d like to add your funds. You can then buy bitcoin from the Buy/Sell tab within Coinbase. Select the amount you’d like to buy. Personally I would go ahead and put $150.00 into your bitcoin account if not more.
Step 3: Sign up for Bitfinite
Now that you have signed up for Coinbase and added bitcoin to your digital wallet its time to sign up for Bitfinite. After you have signed up for your Bitfinite account you’ll want to transfer your Bitcoin into your Bitfinite account.
Step 4: Sending Bitcoin to Bitfinite
In your Bitfinite account under Wallets you’ll see the first tab: Withdraw BTC and Deposit BTC. Under the Deposit BTC you’ll see a long string of characters. This is your Unique BTC address. Go ahead and copy that string of characters. Jump back into your Coinbase Account and head over to accounts tab. You’ll see your BTC wallet with send or receive options. Hit the send option and paste in your string of characters. Please make sure you are sending BTC to your BTC account in Bitfinite.
Step 5: Confirm the Bitcoin transfer to Bitfinite
Honestly this last step is really dependent on how quickly your order can be processed. This usually takes anywhere from minutes to just under 1 hour (the longest I’ve seen) to transfer your bitcoin. There will be a fee depending on the strain on the network (how many people are sending/receiving payments) and how much bitcoin you are transferring. The fee’s are right now unusually high at the time of this posting because of the demand in the digital currency realm.
Step 6: Buy the Bitfinite ICO
Once your bitcoins have been transfered into Bitfinite account you are now able to buy the ICO on Stage 5. Stage 5 is opening January 2, 2018 at 6:30 a.m. CST. You will see the countdown timer on ICO coin purchase tab. In the video clip below you will see what the buying module looks like. Enter in the amount of bitcoin you’d like to use to purchase the ICO. It will then covert to how many USD it is and how much ICO it will give you. The loading may be slow but have about 10 minutes to complete this process. I was able to do this on my second attempt.
Congratulations you have now successfully purchased your Bitfinite ICO!
What next now that I have Bitfinite ICO?
As always there is a lot of hype on new ICO’s. What I like about this ICO is the long term road map they planned out. They are quick to fix any issues and with opening up the lending section and marketplace of the coin you’ll be able to make a good amount of money on lending out your Bitfinite coin as it starts to climb up to its worth. As of now different sources as saying it will go up to $10-15 USD within the first month of launching to the public.
Have Questions? Please feel free to contact me anytime on the contact page or chat on the corner of this page.
Please Note: I am not a Financial Advisor, and any information contained in this post is my own opinion and is not to be taken as financial advice. You should do your own due diligence before making any investment, and never invest more than you are willing to lose.