If you’re new to crypto currencies, the process of buying ATP crypto coins can be a bit intimidating. But we’re here to tell you that it’s actually very easy to do! Here are the steps you need to take to get ATP crypto coins:
What is ATP?
ATP is a token on the Ethereum blockchain and will be used as a currency for paying for Atlas Protocol services.
ATP’s primary uses:
- To pay for Atlas Protocol services. In this case, ATP is used to pay miners who are providing computing resources to users (e.g., storage, search queries, recommendations) through their own machines or those of third parties that have elected to add their machine capacity to the network’s pool of available resources.
- To reward users for their contributions. Users who have contributed content or data may also receive ATP as rewards from other users who use them (e.g., when someone views your profile or follows your channel).
ATP coins are available on numerous exchanges, but the most popular pair is the one with Atlas Protocol’s own utility token, ATP. You can also trade ATP for ETH, BTC and USDT as well as APT USDT and XDB/USDT. As for how to buy them, you’ll need to register an account with any of the exchanges that offer ATP or its trading pairs (or all of them).
Step By Step Guide in Buying ATP
Register on Fiat-to-Crypto Exchange
To buy ATP coins, you have to register on a fiat-to-crypto exchange. There are many exchanges that offer this service. However, we recommend choosing one with a good reputation, customer support and security system so your experience will be smooth and safe.
Choose how you want to buy the Atlas Protocol (ATP) asset
Here are the ways to buy the Atlas Protocol (ATP) asset:
- Fiat-to-crypto exchange. This option is for those who already own cryptocurrency and want to purchase ATP coins with it. You’ll need to use a traditional credit card or bank transfer, which will be converted into USDT tokens that can then be used on the platform.
- Altcoin exchange. With this option, you would purchase BTC or ETH using fiat currency via an online exchange like KuCoin and then send them directly over to our altcoin gateway where they will become available in your wallet as soon as possible (usually within 20 minutes).
Buy ETH with fiat money
To buy ATP coins, you will have to first buy ETH. ETH is the currency of Ethereum and that’s what you need if you wish to use ATP as a currency.
You can go through the following methods:
- Buy ETH with fiat money (USD). You can easily do this by using your credit card or a bank transfer. This is one of the most convenient ways because it does not require any complex procedures like those involved in setting up a cryptocurrency wallet or making several trades just to get enough ATP coins for your purchase.|
- Buy ETH with a credit card. While there are some exchanges out there which accept credit cards as payment methods, they may charge you extra fees depending on their terms and conditions.
Transfer ETH to an Altcoin Exchange
To buy ATP coins, you need to transfer Ethereum (ETH) from your personal wallet to an Altcoin exchange. There are hundreds of exchanges where you can trade your ETH for ATP coins. For example, KuCoin and Binance are two popular exchanges that offer trading in both fiat and cryptocurrency markets.
Deposit ETH to exchange
Deposit Ether to the exchange. If you are using a simple online wallet, then login to your account and click on the “deposit” button. If you’re using a hardware wallet, then connect it to your computer and click on the “deposit” option.
Trade Ether for ATP coins. You will be required to check their official website for the current price of ATP coins in relation to ETH before making any trades with them so as not be caught unawares by sudden changes in prices which could lead you losing money if not careful enough. The following steps should guide buyers through this process:
- 1) Choose an order type such as market or limit order
- 2) Enter amount and confirm your order
Confirm your order
Once you have made the decision to buy ATP coins, you will have to confirm your order. This is an important step that cannot be overlooked. Verifying that you are ready to pay for the coin and receive it is critical.
Store ATP securely in hardware wallets
The next step is to store your coins in a secure wallet. We recommend using hardware wallets like Ledger Nano S or Trezor, but paper wallets are also a good option for storing your cryptocurrency offline.