Purchasing Nervos CKB directly with the US dollar may be possible in the future with a Coinbase listing. We are all patiently waiting. Until then you have many ways to purchase CKB. I have a couple of ways I do it.
In this post, I will discuss how I purchase Nervos CKB with Coinbase and Convert it to CKB and deposit in any wallet of your choice that supports Nervos CKB. Examples include: Kukoin, Neuron Wallet, Metamask and imToken.
Coinbase is one of the easiest ways to purchase cryptocurrency. Once you sign-up, you can quickly purchase crypto with your debit card for immediate access. For the purposes of this post, we will show you how to purchase with Coinbase, but you have lots of options such as Cash App, Paypal, Strike and Crypto.com.
I personally like to purchase my cryptocurrency with Coinbase because the process is easy and very simple to connect to tax software via an API direct connection. Koinly is my vendor of choice when it comes to cryptocurrency tax software.
Purchasing Cryptocurrency
When it comes to buying CKB, you can purchase Bitcoin, Ethereum, USDC, XRP, etc. Changelly supports a multitude of coins. I like to purchase Bitcoin and then exchange it to the coin of my choice. In this example, it is Nervos CKB.
Let’s begin by opening up Coinbase. I like to do everything from my mobile phone if possible. You can purchase Bitcoin on the mobile app or a computer based connection.
Select Buy and Bitcoin as shown below.
Select Bitcoin.
Choose how much you want to purchase.
Now that I have Bitcoin, let’s convert it to CKB. We can do this by sending it to Changelly.com. Navigate to Changelly from your browser. Changelly is a very easy platform for converting coins. This process is necessary until Coinbase lists Nervos CKB as a coin on their platform. Once this occurs, you would be able to purchase Nervos CKB directly with fiat. Until then, it is a two-step process.
Next, choose the amount of Bitcoin you want to send and convert to ckb.
Choose the amount of Bitcoin you want to send and it automatically provides the CKB conversion based on a floating or fixed rate.
Click Exchange now. You are ready to send funds. Enter your CKB address where you want your funds sent.
Select I agree with Terms… and click Next step. Now you are ready to send your funds from Coinbase to the account specified by Changelly.
Review all the fees before sending payment to changeably.
We will now navigate back to Coinbase and send funds to the above address. You can monitor the status of the transaction in Changelly until completion as shown below:
You have successfully sent the coins to your Nervos CKB wallet. Funds should appear within the hour. Welcome to the CKB club! Booya.
-CryptoCat
I used Changelly; great service to acquire CKB.