How to buy cryptocurrency by fiat on Coin98 Extension?
Last updated
Last updated
Coin98 Extension has integrated MoonPay, Transak, Stably, Alchemy Pay, and Mercuryo. We enable users to participate in DeFi without using CEXs to buy crypto.
Before we begin, you need to install Coin98 Extension:
We recommend you create a Multi-Chain wallet on Coin98 Extension to easily manage and get access to all single-blockchain wallets with only one single Seed Phrase.
Step 1: On the main screen of the Extension, select Buy.
Note: Copy your wallet address to receive coins/tokens before selecting the Buy Crypto section. Bear in mind that you must copy the right address of the blockchain on which you would like to receive tokens.
Step 2: Select the coin/ token and fill in the amount for the purchase → the system will automatically compare price quotes from providers and find the best rate for users. All you need to do is double-check and click Confirm!
Step 3: Click Confirm to confirm the coin/token and the amount you want to buy.
In this article, we'll use MoonPay and Transak as example to provide a step-by-step guide on how to buy cryptocurrency with fiat currency using Coin98 Extension
Step 1: Select Moonpay
Step 2: Select your desired crypto, enter the amount, and click Continue;
Step 3: Enter your wallet address to receive your coins (The required wallet address will depend on the crypto you want to buy, please read the information carefully);
Step 4: Input your email and verify by the code sent to your email;
Step 5: Enter your personal information to confirm the KYC, then fill in your card details to complete the transaction.
Step 1: Select Transak
Step 2: Select your desired crypto, enter the amount, and click Continue;
Step 3: In this interface:
After choosing a currency or nation, enter the amount you wish to pay
Select a payment method (Upon regions, Transak supports any different payment methods)
Choose the token you want to buy
Check several necessary information, including the fee, rate, slippage, and average processing time.
Step 4: Enter your wallet address (please check the network of tokens to make sure you input the correct address), and choose Buy USDT (We take USDT as an example)
Step 5: Complete the KYC process
Step 6: Input the payment information and confirm to pay!
Note:
For users who make transactions on Moonpay/Transak for the first time, after entering the address, they will be required to perform several actions to verify: for example, take a selfie, send a scan of personal information (driver's license, passport, ID) through Gmail. Moonpay/Transak will verify your identity according to specific requirements.
It takes you a short time to review your KYC, please wait for its status before going to the next steps.
Each service provider has the minimum and maximum purchase amount for each transaction.
