In order to participate in the digital sandbox, you'll need to turn some of your cash into crypto. We call this process "onramping", and it's quite easy with service providers like Coinbase and Kraken.
Coinbase is an easy onramp into the world of crypto. They offer fast deposits with US bank accounts, and even some debit cards as well. Choose an inexpensive and convenient option and you're on your way!
Coinbase will allow you to purchase USDC - a digital equivalent to the US dollar - directly from your funding source (like your debit card or bank account). And since you can use USDC to pay the one-time fee, you won't have to convert from USD to USDC before you send it off to us.
Watch the video and see how easy it is!
Here’s how to set up Coinbase and buy $995 of USDC:
1. Download the Coinbase app from the App Store or Google Play
2. Tap “Get Started” and create your account
3. Verify your email, then your identity (upload ID + selfie if asked)
4. Go to Settings > Payment Methods > Add a debit card
5. Tap the blue (+) button > Buy > Search “USDC”
6. Enter $995, choose your debit card, and complete the purchase
NOTE: If the account is linked to their bank account only, the initial funds transfer can take 1-5 business days. There is a fee associated with linking via debit card but the transfer is instant.
Check out these other resources:
https://help.coinbase.com/en/exchange/funding/depositing-with-ach