Elepig Token Sale Walkthrough — Part 1
Setting up an Exchange account to change traditional (fiat) currencies into Ethereum (ETH)
We hope these steps will help you navigate through the entire process of supporting the Token Sale. Please let us know if any of these need further clarification!
NOTE: This guide has been adapted from an original Medium article by Harith Kamarul
Step 1: Setting up a Coinbase account
Yes it’s true! You’ll have to use one of our competitors to take part in our token sale. But that’s ok, you’ll be able to see for yourself how high their prices are (sorry!) and how few coins they have (don’t worry, you only need Ethereum to buy Elepig) in comparison to what we will offer.
There are other Exchanges you may use in the crypto space. This walkthrough focuses on using Coinbase.
We have created a series of process walkthroughs providing instructions on how to participate in the Elepig Token Sale. This post covers Step 1 in the process:
1. Setting up an Exchange account to change traditional (fiat) currencies into crypto
2. Buying ETH from an Exchange
3. Setting up an address on a wallet that supports participating in Token Sales
4. Transferring ETH from an Exchange to a wallet
5. Completing Elepig Token Sale Registration
6. Sending ETH to the Token Sale address
Setting up an Exchange account to change traditional (fiat) currency into Ethereum (ETH)
Step 1.1:
Go to https://www.coinbase.com/ and click “Signup” at the top right-hand corner of the page.
Please carefully review the terms of the User Agreement and Privacy Policy.
Begin by selecting your account type. For the purpose of participating in the Elepig Token Sale, select “Individual”.
If you are located in the European Union you may have to review and accept Coinbase’s new GDPR policy:
And their updated privacy policy:
And updated communications policy:
You will be directed to a confirmation page upon submission.
Step 1.2:
A verification link is sent via email.
Navigate to the email address specified in the initial step and click “Verify Email Address”.
Note: Check your junk folder if you do not receive any emails from Coinbase.
Step 1.3:
Set up your account:
· Enable 2-Factor Authentication
· Verify your Identification.
o Follow Coinbase Know Your Customer (KYC) and Anti Money Laundering (AML) process.
· Add a Payment Method.
o Connect your bank account, debit card, or credit card to purchase and sell digital currency with local currency.
These screens and processes change frequently and from country-to-country, so screenshots would be misleading. Follow the instructions provided by Coinbase.
And you’re done!
You are now able to buy and sell ETH from Coinbase! The steps to buy ETH are covered in the next article — Step 2: Buying ETH from Coinbase.
