The Step-by-Step Guide to Buying WAN

Caih
4 min readOct 19, 2018

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Disclaimer: This post is for informational purposes only. It is not intended to be investment advice. Do your own research for all of your investment decisions.

With the upcoming crowdsale of the CURV token, we have put together this step-by-step guide on how to buy Wanchain’s WAN coin. WAN will be the ONLY currency accepted for CryptoCurve’s public token sale. If you are interested in participating in the token sale, get your WAN ready!

Step 1: Pick a WAN Exchange

Not all crypto exchanges list the WAN coin, therefore you’ll need to create an account on an exchange where WAN is listed. Notable exchanges for buying WAN include BINANCE, HUOBI, and KUCOIN. Let’s use Binance as an example.

As one of the largest exchanges, Binance’s high liquidity makes trades near instant. However, its fiat gateway functionality is limited so you may be required to convert fiat for cryptocurrency on another exchange.

If you don’t already have any funds (e.g., ETH) in Binance, you will need to transfer funds over from another wallet. Log-in to your Binance account and go to the FUNDS MENU, select the DEPOSITS in the dropdown, followed by the “Select Coin/Token to Deposit”.

In the text entry box, type in and select “Ethereum.” This will allow you to create a new Ethereum deposit address on Binance.

The deposit address generated by Binance should be copied immediately and kept on your clipboard or copied in full to a notepad.

Step 2: Send Funds from your Wallet to the WAN Exchange

Now that you have the deposit address, it’s time to transfer your funds over. Send the funds from whichever wallet you are using. Using Coinbase as an example, go to your Ethereum account, scrolling down until you see the “send” button (i.e., the little airplane icon). Press the button.

Inside the window that pops up, paste the copied wallet address from Binance into the text box labeled “recipient”. If the code is valid, you will see a green circle appear. If it is not, return to Binance and copy the full wallet address again.

Select how much ETH you’d like to transfer from your Coinbase account to Binance and make any notes you like.

Press Continue.

The selected amount of ETH will transfer to your Binance account. Now you’re ready to buy your WAN!

Step 3: Buy Your WAN!

Head back to your Binance account and navigate to “Exchange.”

On the Exchange page, select ETH MARKETS. Sort the list of cryptocurrency pairs alphabetically or search via the bar in the top right corner of the trading platform, and you’ll find WAN/ETH. Select the crypto pair.

On the resulting menu, enter the amount of WAN you wish to buy relative to how much ETH you are willing to spend — then execute the trade.

Your ETH will be sold and WAN will be bought and stored on your Binance account. As a final step, let’s get that WAN into a WAN-compatible wallet.

Step 4: Transfer to a WAN-compatible Wallet

As a last step, it’s a good idea to transfer your WAN off the exchange and into a WAN-compatible wallet.

NOTE: Be sure you’re sending your WAN to a WAN-compatible wallet. Funds can be lost if the wallet address you are sending to does not support WAN.

There are a few options available for WAN-compatible wallets, including CryptoCurve’s offline wallet, MyCryptoCurve and the WAN wallet.

If you want to transfer your WAN directly into the Curve Wallet in preparation for the token sale, follow the instructions here.

After you have created a new WAN wallet, just transfer your WAN over from the exchange to the wallet.

If you’re using Binance, navigate to Funds -> Balances. This will show you a list of all the balances you have on the exchange. Find your WAN balance and select it for withdrawal.

Complete the withdrawal order by entering in the wallet address of your newly created WAN wallet, and you’re done!

Your WAN will now be safely stored on your WAN wallet!

CONGRATULATIONS YOU HAVE WAN!

As a WAN holder, you are one step closer to participating in the CryptoCurve CURV public token sale on OCTOBER 30th!

Sign up for our whitelist before October 29th and check out our public sale overview and step-by-step guides for more information!

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Caih

Serving Blockchain Users Today, Building The Blockchain Reality of Tomorrow https://caih.network