1. Download a crypto wallet of your choice
A crypto wallet is a place where you can buy and sell cryptocurrencies on a public exchange. Coinbase or Crypto.com are popular external crypto wallets for beginners. We will use examples from Coinbase in this guide, but if you are using a different crypto wallet the process should be similar.
2. Set up your wallet
Follow the setup instructions within the wallet you chose. You will need to create a password, enter contact information, verify your identity, etc.
3. Fund your wallet
After you have created your wallet in step 2, connect your bank account or bank card so you can add funds to the wallet of your choice.
4. Purchase Ethereum (ETH), USDT, USDC, or IZE
Purchase that amount of ETH, USDT, USDC or IZE needed to cover the cost of your purchase. There are two important notes for this step:
- Purchase just a bit extra of your preferred currency to cover exchange fees, gas fees (especially if you are purchasing ETH).
- When you first purchase crypto, there is usually a holding period of 3 or more business days before you can send crypto out of your wallet. If you are worried about the IZE or Ethereum value changing during this waiting period, you may want to purchase a stable coin like USD Coin (USDC) or Tether (USDT) instead. Both USDC and USDT can be used for your Galvan purchase.
5. Wait for crypto to be processed
After 3 or more business days (this time varies based on the crypto wallet and location), you will be able to send your crypto to complete your purchase.
6. Ready to purchase!
Congratulations, your funds are now ready to purchase a Galvan products! Visit this page to begin your purchase now.