Step 2.a: Buying ETH from Coinbase

We have created a series of process walkthroughs providing instructions on how to participate in the HelloGold Foundation Token Sale. This post covers Step 2 in the process, ie:

1. Setting up an Exchange account to change fiat 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 HelloGold Token Sale Registration
6. Sending ETH to the Token Sale address

There are other Exchanges you may use in the crypto space. This walkthrough focuses on using Coinbase.

To read on the prior step , go to Step 1.a: Setting up a Coinbase account.

To use Coinhako, you can refer to: Step 2.b: Buying ETH from Coinhako.

For the full list of walkthroughs, click here.

Buying ETH from an Exchange

The following are steps to buy from Coinbase.

Step 1:

Sign in to Coinbase.

A verification code, required for all subsequent Sign-ins, will be sent to your mobile.

Step 2:

Click “Buy/Sell” located at the top left-hand corner of the dashboard.

Step 3:

Select Ethereum and enter the desired amount to purchase in the bottom left of the page.

The right column reflects the quantity of ETH you can get for the stated amount of local currency. A transaction summary or total amount to be paid, inclusive of surcharge, is also reflected at the bottom.

Note: A flat fee of $0.99 will be charged per transaction

Step 4:

Ascertain that the purchase amount and mode of payment are correct, and click “Confirm Buy”.

Step 5:

Confirm that the transaction was completed.

Once redirected back to the dashboard, your new balance should be reflected under “Your Portfolio”.

You have now bought your own ETH from Coinbase! You can’t send ETH to the token sale just yet as you will need to send it from your own wallet. The steps to set up your own wallet (not using the Exchange’s) are covered in the next article — Step 3: Setting up a MyEtherWallet address.