The fastest way is to buy it with a credit card, but the fees are higher. Select BTC since you’re trading Bitcoin with an altcoin. To transfer your Bitcoin from Coinbase to your Kucoin https://www.tokenexus.com/ wallet, copy your address. They will ask you for your contact number, verify your bank account or your card (credit or debit), will ask you to upload an image of your photo ID as well.
Once you are registered to the crypto exchange above, Go back to COINBASE and send your Bitcoin/Ethereum/Tether to your new exchange. Find the VID/BTC or VID/ETH or VID/USDT trading pair and then place the order to buy those pairing cryptocurrencies. We also gather additional information from different sources to ensure we cover all necessary data or events. It is a hardware wallet with high security and a 5-star rating. It costs around $65, supports ERC20 and multiple coins, and has fantastic reviews – this is the best option to go for. Come back to your Kucoin account and access your exchange wallets to check if the funds have arrived.
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The VideoCoin Network is a decentralized video infrastructure platform redefining the process for creating, storing, and distributing digital video content. The project is led by the VideoCoin Development Association Ltd. (Cayman Islands). The VideoCoin Network is the first blockchain project to integrate a third party fiat payment processor, underpinned how to buy videocoin by a consortium of banks. VideoCoin aims to enhance the way that users experience, store, and process videos. As a decentralized video platform, VideoCoin makes improvements over traditional video platforms by leveraging blockchain technology. The presale has already ended, and tokens will be distributed soon, with the product launch next year.
- By now, you have purchased Bitcoin, do not close Coinbase – this has to be used again.
- The VideoCoin token presale ended in May 2018, and the token distribution will take place six weeks after its end, in July.
- Yes, you can buy VID with BTC easily by using Binance to exchange Bitcoins for VideoCoin.
- It costs around $65, supports ERC20 and multiple coins, and has fantastic reviews – this is the best option to go for.
- The below table shows all exchanges where you can buy VID crypto.
You can basically use debit card, credit card, or even PayPal to buy the VideoCoin (or any other cryptocurrencies). It’s not like you pay with cash and you get the VideoCoin as the exchange. Once your deposit has confirmed, you’ll now have access to your funds and you can begin purchasing/trading. To purchase VideoCoin (VID) on Kucoin, you’ll want to click on the “Markets” tab and this will show you a library of coins to select. In case you want to buy VideoCoin with fiat currency, you must first deposit fiat on a cryptocurrency exchange, exchange it for USDT or BTC and then exchange it for VideoCoin.
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The supply of VideoCoin is under the control of an asymptotic function that halves the block rewards every four years. By year 10, about 93 percent of all mineable tokens will have been distributed. Because of this, the full lifetime supply (881.94 million tokens) will not be reached for several decades. Eventually, block rewards will be very scarce, only impacting the Verifier Pool, which will always remain incentivized via transaction and wattage fees. You cannot directly buy VideoCoin using PayPal at this time.
Despite being lengthy, the KYC process is easy to execute. Once your purchase details are verified, click on the buy/sell button, which happens to be on the top menu. Only after the verification you will be able to buy cryptocurrency. In order to buy Bitcoin (BTC) or Ethereum (ETH), which will later be exchanged into VideoCoin (VID) – you have the make an account on Coinbase. This article will cover the current exchanges where you can buy VID at the best prices. There are several exchanges a user can use to purchase VideoCoin.
Can I Mine VideoCoin (VID) and Not Buying It?
You will be asked to check your status as a living being using a re-captcha box and to agree to the terms of use of the platform. Unfortunately, we weren’t able to find any exchanges for VideoCoin. Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. Brickhouse Trading Ltd is a member of the Binance group of companies. Creators of VIVID, the next generation NFT publishing platform that allows anyone to create, manage, and sell multimedia NFTs.
If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the VideoCoin. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment. Everyone is welcome, including retailer, content creators, brands, and also content platforms.
If you want to buy VID at the latest price, click on the Market tab, then enter the amount of VID you wish to purchase. The order should be done almost instantly, and the coins will be added to your Kucoin balance soon. After completing the KYC process, you’ll be given complete access to your Kucoin wallet. Create an account by entering your email address (or phone number) and a password (strong passwords for security). For example, if you are buying Bitcoin, simply click on Bitcoin and fill in the amount of money you are willing to spend or the number of coins you want to buy at the bottom of the page. However, some time and effort are invested, but this makes Coinbase the most trusted and reliable way to convert ordinary currency into cryptocurrency.
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