Galvan Smart Nodes can be purchased by sending Ethereum (ETH), USDT, USDC or IZE from your crypto wallet. Once you have sufficient funds in your crypto wallet, you can begin your purchase! If you don't have a crypto wallet set up (ex: Coinbase), you can find instructions here.
1. Create your Galvan wallet.
- If you haven't yet done so, your first step will be to create your Galvan account and set up your Galvan wallet.
2. Download an external crypto wallet of your choice
- A crypto wallet gives you the ability to 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.
3. Set up your Coinbase wallet
- Follow the setup instructions within the wallet you chose. You will need to create a password, enter contact information, verify your identity, etc.
4. Fund your Coinbase wallet
- After you have created your wallet in step 3, connect your bank account or bank card so you can add funds to your Coinbase wallet.
5. View purchase price
- Update the node quantity within the Galvan shop and the Order Summary section will display an accurate total for your order.
6. Transfer the amount and purchase cryptocurrency
- Transfer the calculated amount in step 5 from your bank to your Coinbase wallet. There are two important notes for this step:
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Transfer additional funds to cover exchange fees, gas fees, and price changes in the node. So I will have sufficient funds after any fees.
- When you purchase cryptocurrency for the first time, there is usually a holding period of 3-14 business days before you can send crypto from your wallet. If you are worried about Ethereum volatility during this waiting period, you may want to purchase a stable coin like USD Coin (USDC) or Tether (USDT) and then convert your funds to Ethereum when you are ready to purchase nodes and send funds to Element United.
7. Wait for cryptocurrency 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 from your Coinbase wallet (to your new Element wallet from step 1) and obtain the required amount of ETH for your node purchase if you haven't yet done so.
8. Ready to purchase
- Your ETH is now ready to purchase an Element node. Visit this page to be directed to the shopping cart. This guide will be kept open for additional steps.
9. Complete Registration
Enter your information in the fields, read and agree to our Terms of Service and Privacy Policy, enter the quantity of nodes you want, and click "Continue".
10. Send Ethereum
You will now be taken to the page where you can send ETH and complete your purchase. At the bottom of the page, there is a field to enter your Galvan wallet password to confirm your purchase.
*Be sure to send the amount in ETH, not in the USD amount. You can do this by pressing the two arrows highlighted below.
*On your wallet, you can either scan the QR code or copy the address of the wallet your ETH will be sent to.
11. Confirmation
Complete sending the ETH in your wallet and you're all set! The transaction completion time will depend on how busy the Ethereum network is (could take up to 30 minutes, but generally takes 5-10 minutes). You will be taken to a confirmation page on the Galvan website and receive a confirmation email once the purchase is confirmed!
Congratulations! For information on how to get your Galvan Node online, please refer to this FAQ.
Disclaimer: IZE is a digital reward distributed through the Galvan node network according to predetermined smart contracts. IZE is designed to have utility on the Galvan platform for the purchase of Galvan products and services, although other cryptocurrencies may be used as well. IZE is not available for purchase from Galvan. IZE is not an investment product and may never have any value. Galvan node owners should not expect to recognize any value from IZE other than its utility with Galvan. Although Galvan plans to undertake efforts to become a successful business, it is highly likely that IZE’s value will not correlate with the success or failure of Galvan.