How to Participate in ServAdvisor PreICO. Step 2. Purchase your first Ether

ServAdvisor
7 min readSep 7, 2018

At ServAdvisor we are all about community: whether it’s about keeping you updated, getting your feedback, or ensure you get all information you need to take part.

We know many of you out there are professional crypto traders. However, ServAdvisor is a platform that aims to introduce crypto to the masses and that’s why we prepared a series of articles explaining how to do everything from setting up a wallet to participating in the ServAdvisor ICO.

In this article, will explain how to purchase your first Ethereum (ETH) either for fiat money (including visa and mastercard) or for other cryptocurrency that you own.

Now you can actually start using your Ethereum wallet that we learned how to create in Step 1. In order to fill your wallet with the Ether (ETH) needed to purchase ServCoin tokens, you will need a cryptocurrency exchange.

There are many exchanges out there, such as Coinbase, Kraken, Bitfinex, Bittrex, Cex.io and many more.

Some of these allow you to trade fiat currency (dollars or euro) for Ethereum directly (Cex (most countries are supported), Coinbase (limited No. of Countries supported), while others only allow exchanging Bitcoin (BTC) or another cryptocurrency to ETH. Also note that exchanges offer different exchange rates. Some might be more favorable to you than others. Visit a few of exchanges, compare their rates and choose wisely!

Depending on where you live, we have provided the names of some of the most popular exchanges you can use.

North America:

Europe:

Africa:

South America:

Asia:

Australia:

We will not go into more detail about which exchange could be the best fit for you. Instead, we will show you the easiest way to purchase ETH and receive it on the wallet you have just created. Note again that this is the easiest way to do it, but may not be the best for you.

2.1 How To Set Up Your Coinbase Account / Purchase Cryptocurrency

1) Visit https://www.coinbase.com/ — double check the URL to ensure you are on the official Coinbase website.

2) Click sign-up and choose whether you want to create an individual or business account. Fill in your first and last name. Your email address. And then choose a secure password and certify that you are over 18.

Please note the password you choose must be 8-characters or longer and include numbers, capitals, small letters, and symbols. Try and avoid using anything that may be easy-to-guess.

Treat this process as seriously if you were setting up your online bank account.

Click “Create an account.” Verify your email and phone number.

3) You’ll now be taken to the Coinbase homepage. You’ll notice the Dashboard, Buy/Sell, Accounts, Tools, Settings and Invite Friends buttons. Down in the bottom left-hand corner click “Verify your identity”.

4) You’ll now be given three options to choose from Passport, Driver’s Licence, and Photo ID.

In this case, we’re going to upload a Driver’s Licence — please note the process is similar for all three options and fairly straightforward.

5) Select Driver’s Licence. You’ll then be given the choice to either upload an existing image of your ID — or you can take a picture using your Webcam. In this case, we chose the Webcam option. If your browser prompts, allow Coinbase to “Use your camera”.

Hold your Photo ID up to your Webcam and follow the advice Coinbase provides to ensure you get a clear image. Take a picture of the front and back of your licence.

6) Now take a selfie. Coinbase uses this to compare your likeness against your Photo ID to confirm who you say you are.

7) Coinbase will now verify your ID. When it is approved you will receive an email confirmation. Now you need to add a payment method to your account. Click “Add a payment method”.

8) You now have two options — in this case we’re going to show you how to add a Credit/Debit card as it is the quickest and easiest payment method to add. Bank Transfers can take up to a week to arrive in your Coinbase account and require extra verification steps. On the upside, you are able to transfer larger amounts of money using the Bank Account option.

9) Fill out the form with the details of the address your card is registered at and click “Add Billing Address”. Then fill in your card details with your name, the card, number, expiry date, CVC code, and Postal code. Then click “Add Card”.

2.2 How to buy Ethereum using Coinbase

1) Now you have added the payment source you are ready to buy cryptocurrency! Click Buy/Sell in the navigation bar at the top.

2) You are now in the Buy/Sell screen which will default to buying cryptocurrency. For the ServAdvisor Token Sale, you will be able to participate in Ethereum.

Click Ethereum.

3) Now enter in USD (or your local currency), how much you want to spend. Coinbase will calculate what this equates to in the digital currency you have selected. You’ll also notice that there is a small fee included, this can be seen in the breakdown on the right-hand side.

4) Click Buy and Confirm Buy.

5) Congratulations! You have now bought your Ethereum and it will be stored in your Coinbase exchange wallet.

6) If you click Accounts, you’ll now be able to see your transaction and how much you have in your wallet.

2.3 How To Transfer Ethereum to MetaMask

1) Visit https://www.coinbase.com/ — double check the URL to ensure you are on the official Coinbase website and login.

2) Login and click Accounts in the Coinbase navigation

3) Log into your MetaMask Wallet

4) Click the three dots above Buy and Send.

5) Click ‘Copy Address to clipboard’ — this is the public address of your MetaMask wallet

6) Paste the address into the Wallet Address field on Coinbase — here you are telling Coinbase where you want to send your Ethereum so make sure the address is correct!

7) In the Amount field enter either the amount in your local currency or cryptocurrency you wish to send.

8) Once you click continue you’ll need to confirm the transaction.

9) Your transaction will now be pending — you can see the status of the transaction in the Account tab on Coinbase.

Please note that depending on demand on the Ethereum network it may take some time for the transaction to complete. During high-network periods this can take a couple of hours.

When your transaction is complete you’ll see a confirmation screen that looks like the following

10) Congratulations! When you open MetaMask you’ll now notice that you have received your Ethereum and are ready to participate in the ServAdvisor Token Sale (if you have passed KYC).

2.4 How to purchase ETH with MyEtherWallet

Visit MyEtherWallet and click on the Coinbase widget you see when you log in

Coinbase is one of the biggest cryptocurrency exchanges, and this widget allows you to easily purchase ETH and immediately send it to your wallet. The process is pretty straightforward as already described above and we won’t get into detail here. Just click on the widget and follow their instructions. You’ll be asked to fill in your name, the amount of ETH you’d like to purchase, your email address, and your phone number.

Please follow us on our media channels for further information:

Official website: www.ServAdvisor.co

Official youtube: https://www.youtube.com/watch?v=3sskHGw9c-c

Official Twitter Account: https://twitter.com/ServAdvisor

Official Telegram: https://t.me/ServAdvisor

Official Medium: https://medium.com/@ServAdvisor

Official FB: https://www.facebook.com/ServAdvisor

Official GitHub: https://github.com/ServAdvisor

Official Bitcointalk.org: https://bitcointalk.org/index.php?topic=3903200

Official Reddit: https://www.reddit.com/user/ServAdvisor

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