How to Buy Vivid LabsVID Crypto Step by Step

how to buy videocoin

You need to use debit card or credit card to buy  Tether first. After you get the ETH or BTC or USDT, you can convert it to VideoCoin. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound. Many of the advantages of VideoCoin over existing video service providers are due to its leverage of the blockchain, which it does in several ways.

You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options. The first thing in order to get started is to create an account on KuCoin. The platform offers a lot of ways you can buy crypto and it supports Mastercard and various other payment options too. The below table shows all exchanges where you can buy VID crypto. For some exchanges there is depth percent it shows how much liquidity is available, live bids 2% up or down from the current price.

Where to Buy, Sell VideoCoin

To be on the safe side, ensure that the address on the recipient field matches what you copied from your clipboard. Copy the address and save it somewhere safe, you are going to need it soon. By now, you have purchased Bitcoin, do not close Coinbase – this has to be used again. Click on “sign up” and enter your required information like name, location, password, and e-mail – make sure these details match your Photo ID.

how to buy videocoin

The first choice is a hardware wallet, and then you can go with the official coin wallet and third-party software wallets. As ERC-20 Token VideoCoin can be stored on any wallet which supports Ethereum. VideoCoin can be bought in at least 2 cryptocurrency exchanges (KuCoin, Bittrex…), we have compared the offer of different exchanges and we can help you save on fees when buying VID. Coinomi is a software wallet that is compatible with Android, iOs, Windows, Linux, and macOS. This wallet is free of cost and has a 3-star rating if, in case it’s difficult for you to carry a hardware wallet, you can simply go for Coinomi. Keepkey is a hardware wallet with the utmost security and supports ERC20 and multiple coins.

How to Sell VideoCoin (VID)?

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.

how to buy videocoin

If you want to use PayPal, you will have to buy Bitcoin or Ethereum first and then exchange it for VideoCoin by using a cryptocurrency platform like Binance. This is very important if you’re trading with public WiFi. NordVPN is easily on the list of the best paid virtual private networks. It’s strongly advised that you don’t use free VPN services because your data may be sniffed in return for the free service they are offering you.

What Is the VideoCoin Token, and How Do You Earn It?

You may be asked for phone/email verification before a withdrawal can be processed. The VideoCoin token presale ended in May 2018, and the token distribution will take place six weeks after its end, in July. This is also when the presale token will be accepted on Inc Cloud and Live Planet. The alpha version of the VideoCoin Network will launch in January 2019, and the beta version will launch in July. Between end-to-end encryption and decentralization, VideoCoin will also enhance security over existing systems. It will even allow for new generations thanks to its open APIs and development based on open-source materials.

how to buy videocoin

The team behind VideoCoin recognizes that 82 percent of internet traffic is videos, 11 percent is web and data, 4 percent is file sharing, and 3 percent is gaming. Since video accounts for such a large chunk of internet traffic, it should how to buy videocoin run seamlessly and efficiently. Despite this, there are numerous obstacles in the way that limit its potential and use. The cheapest way is to use bank account to buy Bitcoin or Ethereum or Tether first or to buy the VideoCoin right away.

They are able to create, sell, or mint NFTs through the decentralized network. Once you click “Open wallet”, you will be required to confirm the address in your Ledger device. After verifying that the address on the screen matches the one in your device, use the right button to confirm. Withdrawals from Exchanges can take anywhere from 1-30 minutes depending on network usage.

  • Everyone is welcome, including retailer, content creators, brands, and also content platforms.
  • Make sure to type your name, your e-mail, and your password correctly.
  • The project is led by the VideoCoin Development Association Ltd. (Cayman Islands).
  • Once you’ve located VideoCoin (VID), you’ll be presented with a Price Chart (center) and some Order Books (far right).
  • Find the VID/BTC or VID/ETH or VID/USDT trading pair and then place the order to buy those pairing cryptocurrencies.

Enter the price you desire (in BTC) and the amount of VID you want to purchase, then click the Buy VID button. At this stage, you’re one process away from buying VID. The transfer might take a little while to get into your Kucoin account. Click “Continue” to transfer the BTC to your Kucoin address. Go back to Coinbase, click on “Pay” on the left menu, and choose Bitcoin on your list of assets. The exchange policy may require you to undergo another KYC process that may range from half an hour to a few days in duration.

Choose your preferred platforms below and follow the guides to learn how to buy VideoCoin (VID) coin successfully. This is a small guide we’ve made to make your job easier. The site will ask for some basic information about yourself, make sure to tell the truth.