How to: Buy Ethereum and Bitcoin

ALAX
ALAX.io
Published in
3 min readApr 5, 2018

We know that not all of our fans are seasoned cryptocurrency enthusiasts, and that some of you are newcomers to the world of cryptocurrencies. Don’t worry we have you covered! This guide will walk you through obtaining your first Bitcoin or Ethereum, so that you’ll be able to participate in our TGE.

The easiest way of obtaining Bitcoin or Ethereum is by purchasing them online. There are various platforms and exchanges offering this service. You can buy Bitcoin or Ethereum using other cryptocurrencies or FIAT money as well.

Although the whole process may seem tedious and confusing, it’s not that hard. Actually, it’s as easy as performing a bank transaction. To get started you’ll need to create a cryptocurrency wallet that will hold your digital assets (simply put, it is a record of your Bitcoin/Ethereum transactions) and your private keys. It functions in the same way a bank account holds your transaction history. The wallet can have a number of forms, it can be a computer file, paper, hardware and mobile wallet or even an online wallet that can be created using one of many providers.

Afterwards you’ll get your Bitcoin or Ethereum address which you can share with other people as it functions in a similar manner to a bank account number. This number is used for sending cryptocurrencies from one user to another. The key difference is that these transactions, do not go through a middleman such as a bank or other payment system providers.

Once your wallet is ready, you can go ahead and easily transfer your money using an online service and purchase the amount of Bitcoin/Ethereum you desire. When you have the amount of Bitcoin or Ethereum you want to use, you are ready to register for our ALAX TGE and get ALX in exchange for your Bitcoin/Ethereum contribution.

Here are some services where you can easily buy Ethereum or Bitcoin instantly, using a debit or credit card.

Coinbase.com

  1. Open a Coinbase account
  2. Add your payment method (Credit card or bank account)
  3. Go to “Buy/Sell” and select the amount of Ethereum or Bitcoin you desire
  4. Click “Buy”

CEX.io

  1. Open a CEX.io account
  2. Add your payment method (Credit card or bank account)
  3. Go to “Buy/Sell” and select Ethereum or Bitcoin
  4. Choose the amount of Ethereum or Bitcoin you want to buy
  5. Click on “Buy”

Coinmama.com

  1. Go to the following website https://www.coinmama.com
  2. Choose if you want to buy Ethereum or Bitcoin and the amount of Ethereum or Bitcoin you want to buy
  3. If you are not registered yet, you will be asked to do so
  4. Once you completed all the required registration steps, you can proceed and buy Ethereum or Bitcoin

Here are some additional resources where you can buy Bitcoin or Ethereum:

https://www.bitcoin.com

https://www.coinbase.com

https://cex.io/

https://www.buybitcoinworldwide.com/

https://www.bitpanda.com

In order to securely store the Bitcoins that you bought, you’ll need to create a cryptocurrency wallet that will hold your digital assets and your private keys. Here are some Bitcoin Wallets you can consider using:

Blockchain.info

Copay

Electrum

Follow the steps on their websites to create such a Bitcoin Wallet.

For storing your Ethereum, see our guide on how to create a MyEtherWallet here.

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ALAX
ALAX.io

ALAX intends to bring fresh air to the Gaming Industry worldwide. The purpose is to develop & support Mobile Games Distribution Platform in emerging markets.