Step by step guide on how to buy Sentinel (SENT) Cryptocurrency
To purchase Sentinel (SENT) on the majority of the cryptocurrency exchanges, you will already need to have Bitcoin ( BTC ) or Ethereum ( ETH ) to trade with. The dependable news is that you can easily purchase either cryptocurrency at Coinbase using your Credit Card or even Bank Account .
bill : There are other places to purchase BTC and ETH on-line, but I ‘m going to focus this guide using Coinbase as it ‘s the easiest to use for new investors in cryptocurrency .
Step One: Setup your Coinbase account
Although Coinbase has both io ( iPhone ) and Android apps, I have found the easiest way to setup your exchange account with them is to use their web site .
1 ) head over to their web site.
2 ) next enter your e-mail address in the experience started box. Please MAKE SURE that the electronic mail address you enter is one you have access to and is your most guarantee e-mail as this is how you will constantly sign in to your Coinbase account .
3 ) then Coinbase will ask you to select if you are an INDIVIDUAL or BUSINESS. I ‘m assuming you are an person therefore I will skip the whole occupation history frame-up. MAKE SURE to use your real name as Coinbase will use this for report verification .
4 ) following Coinbase should send you an e-mail to verify your e-mail address. Open the electronic mail and chink on the link. I have to say although e-mail verification emails are reasonably annoying, since you plan funding your account with actual money, this security step is very comfort .
5 ) You should now be signed into ( or be able to sign in ) your Coinbase report. Again, since you will be using your intemperate earned money to fund your Coinbase account, there are a few more confirmation steps you need to complete. The beginning being verifying a mobile telephone number .
Coinbase uses your mobile phone number to setup Two-factor authentication ( 2FA ) on your history making your account evening more batten. Basically Coinbase will text you for each major change to your score including making purchases .
Do n’t worry, I ‘ve been using Coinbase for a while and they have NEVER spammed me. They badly just use this as a means to add another layer of security to your report .
6 ) now you need to setup your financing sources ( i.e how you plan on purchasing your Bitcoin or Ethereum ). Your options are either using your Bank Account or Credit Card. Since you are reading this usher now and the design is to use your BTC or ETH to purchase Sentinel ( SENT ), I ‘d suggest using the Credit Card fund option .
When you purchase using a Credit Card, you will be able to purchase immediately and have access to trade your coins right away. only downside is that your weekly leverage limit on a Credit Card will be around $ 750 when you first open your account .
To learn about setting up a citation wag to fund your Coinbase history, suction stop here. No indigence for me to walk you through this dowry as Coinbase does a bang-up job of doing that on their web site .
If you want to fund your account using your Bank Account, your buy cryptocurrency will not available for trade for 4 to 5 business days. Granted you will have locked in your buy price at the time of leverage, but this means you wo n’t be able to well use your purchase to start buy Sentinel ( SENT ) .
To learn about setting up your bank account with Coinbase, snap here. Coinbase does a capital job of walking you through this setup as many banks have clamant account verification .
Step Two: Make your first purchase of Bitcoin (BTC) or Ethereum (ETH) at Coinbase
now you should be ready to make your first leverage of Bitcoin or Ethereum that you will then use to buy Sentinel ( SENT ) .
As I mentioned at the begin of this template, Coinbase makes it identical comfortable to start investing in cryptocurrency. All you need to do is head over to your BUYS pages and select the currency you wish to purchase .
Since I ‘m not a accredited professional and the cryptocurrency market is indeed volatile, deciding between which one to invest in based upon value will be improving to you. What I can tell you is that the majority of exchanges that offer investing in Sentinel ( SENT ) will allow you to purchase using Bitcoin ( BTC ) .
Decide how a lot you want to invest. This is a dollar amount. Realize you do n’t have to purchase a full mint, rather you will be investing a assign of a mint. Knowing this will actually help you with your future cryptocurrency investments .
adjacent select your support source ( i.e Credit Card ) .
And snap BUY .
note : When you make your purchase of BTC or ETH you will notice that Coinbase has a small tip ( 3.99 % for credit menu purchases ). The nice thing is that they alert you before you make your purchase of the total purchase price .
CONGRATS ! You are now an investor in cryptocurrency .
Step Three: Use your Bitcoin or Ethereum investment to purchase Sentinel (SENT)
now it ‘s time to purchase Sentinel ( SENT ) using your investment from Coinbase .
Since Coinbase only allows for the purchase of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, you will need to transfer your BTC or ETH investment to another cryptocurrency central. I know this sounds painful, but it very is n’t .
correct now you can buy Sentinel ( SENT ) at a good count of cryptocurrency exchanges including MXC .
🏦 Click here to see the fully number of where you can buy Sentinel right now. 🏦
As each exchange has their own way of setting up a trade account, I will have to skip that parcel of this guidebook but the majority of the exchange ( like beginning consort ) have a similarly easy apparatus process like Coinbase. Plus since your fund will be doing using the Bitcoin or Ethereum your ‘ve already purchased, the frame-up should take less time .
once you have your trade report setup at one of the exchanges that trades Sentinel ( SENT ), you will need to transfer your BTC or ETH from Coinbase to that specific rally. This is done via a wallet system .
Do n’t get overwhelmed as this is pretty square .
At the switch over where you are wanting to purchase Sentinel ( SENT ) you will need to get your explanation ‘s BTC or ETH wallet ID. On most exchanges you ‘ll see a DEPOSIT button next to either BTC or ETH. When you click on it you should see ( or be given a button to click to create ) your wallet ID. This wallet ID is specific to your history .
MAKE SURE that you are getting the wallet ID for the correct currency you purchased as Coinbase. Bitcoins can only go into Bitcoin wallets, Ethereum can only go into Ethereum wallets.
that you are getting the wallet ID for the right currency you purchased as Coinbase. Bitcoins can merely go into Bitcoin wallets, Ethereum can only go into Ethereum wallets. once you have your particular currentness ‘s wallet ID, point back over to your Coinbase history. Since I do n’t want to miss any steps in this authoritative process, pawl here to view the official how-to scout from Coinbase on transferring your currency to another wallet .
now you play a short wait game as your remove has to go through the cryptocurrency ecosystem and be confirmed multiple times. There is nothing on your end to do except wait for this to happen. Depending on the day this could take 5 minutes or even up to a few hours .
The effective news is that in your Coinbase account they give you a link to track the transfer .
once your transfer has been confirmed it should show in your exchange ‘s account and will be immediately quick to be used to buying Sentinel ( SENT ) .
If you purchased Ethereum ( ETH ) at Coinbase, you are going to want to look for the SENT/ETH investing .
For Bitcoin look for SENT/BTC .
If Sentinel ( SENT ) does n’t have an investment option using the currency you purchased as Coinbase, do n’t worry. All you need to do is trade into the specific currentness .
Let me reiterate, I am not a license professional so I ca n’t give you any investment advice on how to handle the adjacent step .
once you are ready to buy Sentinel ( SENT ), most probably you will have a pair ways to do so .
The first is buying at the grocery store price. This is the stream price Sentinel ( SENT ) is trading at. There is nothing wrong with purchasing at this price, but if you think the price will drop or wanted to get it at a lower price, then search at the restrict monetary value .
Limit monetary value bascially says you want to purchase a certain measure of Sentinel ( SENT ) at a specific price. If the price of SENT gets to that price your order will be processed. Remember, with how volatile the market is, there is no guarantee the price will drop to your limit price .
note : No matter which trade option you select, the price will be purchasing Sentinel ( SENT ) at will be based upon the currentness you are trading with ( BTC or ETH ). Some exchanges do n’t convert this over to your local currentness, so you can constantly use Google and type something like “ 0.0025 BTC to USD ” and Google will tell you the USD value .
WOOT WOOT !
You are a proud investor in Sentinel (SENT)!
note : here is a guide on how to buy Sentinel ( SENT ) with USD if you ever need it in the future .
2021 UPDATE: I started to consider a recur investment into Sentinel but was having a tough time working out the mathematics. last night I created a agile web site that allows me see what my return on investment would ‘ve been if I invested in Sentinel on a consistent footing stopping point class. here ‘s an model of what I would ‘ve made if I invested $ 5 hebdomadally into Sentinel last year .
If you are interested in crypto mine at home, I wrote up my story on How I started mining Bitcoin at home in 2021 which details out versatile slowly to set up at home crypto mining rigs. right now I ‘m generating about $ 12 USD per day .
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A parole of advice, now that you ‘ve made your beginning investment in Sentinel ( SENT ), you should MAKE certain to track your investment. even though the exchange you purchased Sentinel at does this for you, using a third-party web site or app makes it a whole set easier. hera is a list of some best cryptocurrency investing tracking websites and apps that you can use .
besides if you are matter to in investing in other cryptocurrencies you more than likely can do that at the substitution you used to invest in Sentinel ( SENT ). If not, fair follow the same steps as before except skipping the wholly setting up a Coinbase account since you already took worry of that .
NOTE # 2 : We besides put together a guide on the top exchanges to buy Sentinel ( SENT ) on if you ever need it in the future .