How To Buy NCASH Tokens
In this easy to follow guide, we’ll take you through the process of buying NCASH tokens. There are a few things you will need to consider and we’ll cover the key points in this short guide. This will include using a safe and secure NCASH wallet, signing up to a reputable trading exchange, adding funds to the exchange, trading on the exchange – Binance and then safely withdrawing the tokens off from the trading platform.
What Is NCASH and Nucleus Vision?
Nucleus Vision is an end-to-end technology solution that records and provides previously inaccessible data to retailers as well as other ‘brick-and-mortar’ businesses via its proprietary blockchain and real-time sensor technology.
NCASH will be the decentralized cryptocurrency of Nucleus Vision, which will be used for a number of transactions throughout the Nucleus Vision ecosystem. With NCASH, Nucleus Vision has produced an interoperable loyalty program that allows consumers to be able to earn and redeem NCASH tokens from retailers in the global Nucleus Vision network. Nucleus Vision’s technologies are currently already being utilized in 10 different retail stores with large expansions scheduled for 2018 and beyond.
NCASH was built on the Ethereum network and is therefore classed as an ERC20 Token. Within this guide, we will be making use of the easiest and most handy wallet for storing your NCASH. MyEtherWallet (which can store any ERC20 Tokens), including NCASH. For added security, we would strongly advise using a hardware wallet such as the Trezor or the Nano Ledger
How To Buy NCASH
We would recommend using an established exchange platform such as Binance. You can either choose to store them on the platform or withdraw them and keep them in a personal wallet. If you are looking to hold for Simple tokens longterm, then move them off the Binance platform. If you are new to Binance, carry on reading this article for a step-by-step guide on how to use this trading platform or visit Binance using the link below.
Sign-Up To Binance To Get NCASH
Enter your email and a strong password (that you won’t forget!) and then Click ‘Register’. You will be sent an email to confirm your email address. Click the link in the email. If you can’t see it, then check your spam folder.
You will be taken back to Binance as your email is confirmed. Press ‘Login’. On the login form, enter the email and password you just used to sign up, then press ‘Login’.
A pop-up will advise you to set up 2FA (two-factor authentication) on your account. We strongly recommend you set up 2-factor authorization (2FA) on your account.this second level of security makes it very unlikely they will be able to get into your Binance account.
Adding Funds To Your Binance Account
Hover your mouse over ‘FUNDS’ on the top menu and click on ‘Deposits Withdrawals’. This screen displays any coins which you have stored on Binance – you will need to deposit some. I would suggest using Ethereum due to the lower sending fees. However, you can deposit other coins.
Type ‘Ethereum’ in the search box. This will narrow the wallets displayed to just a few- in those, find Ethereum. Press ‘Deposit’ You will be given an Ethereum (ETH) deposit address. Make sure you have the correct address. If you send a currency to the wrong address, it will be lost forever. (The image below show LTC – this is for example purposes only).
Using The Exchange To Buy NCASH
The exchange page on Binance might appear too much to handle to start with, but don’t worry, you only need to use a small part of it.
There are 2 methods for buying coins on Binance:
- A ‘Limit’ order, which enables you to manually set the price you want to buy NCASH Coin at.
- A ‘Market’ buy, which fills your order automatically at the best price available. The price may have spiked at that time, so be careful not to overpay. If you like the price then go ahead and use this method. Above the Buy NCASH’ button, click the ‘Market’ option.
In the input box marked ‘Amount’ you now need to fill out what number of NCASH you want to buy. It could be simpler to use the percentage buttons below the input box – for example, press 50% if you’d like to exchange 50% of your Ethereum for NCASH.
Once you’re satisfied with the quantity, press the buy button. Your order will be filled immediately.
Withdrawing Your NCASH Coins From Binance
If you’re happy with it, you can just leave your coins on Binance and they would in all probability be safe. On the other hand, exchanges have been compromised in the past, and users have lost coins, therefore we do suggest you keep them in a personal wallet. (The image below shows LINK coin – this is for example purposes only). Ensure you have selected NCASH – always double check.
- Press ‘Funds’ along the top menu, then ‘Deposits Withdrawals’. In the search box, type NCASH. You will now see your new NCASH in your NCASH wallet.
- Click the ‘Withdrawal’ button.
- In the boxes that appear, complete the information:
- Label: Write ‘My wallet’
- Address: Put the wallet address that you copied from your NCASH wallet.
- Amount: Press the ‘Max’ button to send all your NCASH.
When you’re positive all information is accurate (check you’ve inputted the correct wallet address!), press ‘Submit’. If you’ve set up two-factor authentication, you will be asked for a code from your phone. Enter it and press ‘Submit’. You will be sent an email to confirm the withdrawal. Go to your email and click the link that’s been sent to you. Thank you for taking the time to read my guide. If you found it any use, then please consider sharing this page with friends and family who might find it useful too.