Step to purchase Meme Tokens

 Step 1: Sign up for Fiat-to-Crypto Exchange

You will first need to buy one of the major cryptocurrencies, in this case, Bitcoin (BTC). In this article, we will guide you in detail about two of the most widely used fiat-to-crypto exchanges, Uphold.com and Coinbase of meme tokens. Both exchanges have their own fee policies and other features that we will discuss in detail. It is recommended that you try both and find out which one suits you best.

Select Fiat-to-Crypto Exchange for more details:

• coinbase
• Defend

Coinbase is also one of the largest crypto exchanges that accept fiat deposits. Use the link below to sign up for Coinbase and you will receive a free $10 worth of BTC after you buy $100 worth of crypto.

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Enter your email and click 'Get Started'. Be sure to provide your real name, as Coinbase will need it for account verification. Choose a strong password so that your account is not vulnerable to hackers.

You will receive a confirmation email. Open it and click on the link it contains. You will then be asked to provide a valid mobile phone number to set up Two-Factor Authentication (2FA), it is an additional layer of security for your account and it is recommended that you keep this feature enabled.

Follow the next step to finish verifying your identity. These steps are a bit daunting, especially when you are hoping to buy an asset, but just like any other financial institution, Coinbase is regulated in most countries like the US, UK, and EU. You can take this as compensation for using a trusted platform to make your first cryptocurrency purchase. The good news is that the entire Know Your Customer (KYC) process is now fully automated and should take no more than 15 minutes to complete.

Also Read: What is Hokk Finance

Step 2: Buy BTC with fiat money

Once you have finished the KYC process. You will be prompted to add a payment method. Here you can choose to provide a credit/debit card or use a bank transfer. You will be charged higher fees when using cards, but you will also make an instant purchase. While a bank transfer will be cheaper but slower depending on the country of your residence, some countries will offer an instant cash deposit with low fees. 

Now that you're all set, click the 'Exchange' button at the top left, choose Bitcoin and confirm your transaction... and congratulations! You have just made your first cryptocurrency purchase.

Being one of the most popular and convenient fiat to crypto exchanges, UpHold has the following advantages:

• Easy to buy and trade between various assets, 50+ and counting
• Currently more than 7 million users worldwide

You can apply for an UpHold debit card where you can spend the crypto assets in your account like a regular debit card! (Only in the US, but will be in the UK later)

• User friendly mobile app where you can withdraw funds to a bank or any other altcoin exchange easily
• No hidden fees or other account fees
• There are buy/sell limit orders for more advanced users.

You can easily set up recurring deposits for dollar cost averaging (DCA) if you intend to hold crypto long-term with Hokk Finance Meme Token.

USDT which is one of the most popular USD backed stablecoins (basically a cryptocurrency backed by real fiat so they are less volatile and can be treated almost like the fiat it is pegged to) is available this is more convenient if The altcoin you intend to buy only has USDT trading pairs on the altcoin exchange, so you don't have to do another currency conversion while buying the altcoin.