How To Buy Cratos (CRTS)?
A common question you often see on social media from crypto beginners is “Where can I buy Cratos?” Well, you’ll be happy to hear it is actually quite a simple and straightforward process.
Step 1: Create an account on an exchange that supports Cratos (CRTS)
First, you will need to open an account on a cryptocurrency exchange that supports Cratos (CRTS).
We recommend the following based on functionality, reputation, security, support and fees:
1
MEXC
Fees (Maker/Taker) 0.2%*-0.2%*
Cryptocurrencies
Available for Trade 1500+
Sign-up bonus
10% reduced trading fees & up to $170 in USDT vouchers*
Available in
North America, South America, Europe, Asia, Oceania, Africa
In order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.
Note: On specific exchanges, you might need to complete a Know Your Customer (KYC) procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.
Step 2: Deposit funds into your account
Many cryptocurrency exchanges will allow you to purchase Cratos (CRTS) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.
Note: Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.
Step 3: Buy Cratos (CRTS)
This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for Cratos (CRTS) or Cratos (CRTS) trading pairs. Look for the section that will allow you to buy Cratos (CRTS), and enter the amount of the cryptocurrency that you want to spend for Cratos (CRTS) or the amount of fiat currency that you want to spend towards buying Cratos (CRTS). The exchange will then calculate the equivalent amount of Cratos (CRTS) based on the current market rate.
Note: Make sure to always double-check your transaction details, such as the amount of Cratos (CRTS) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or purchase a hardware wallet for the highest level of protection.
How to create a Gate.io account
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Step 1: Go to the Gate.io website.
Step 2: Choose your username, your email address and your password. Then check “I certify that I am 18 years of age or older, and I agree to the Gate.io User Agreement Privacy Policy” and click “NEXT”.
Step 3: Set your fund password and click “Create account”.
Note: Your fund password must contain at least 6 characters and can not be the same as your login password.
Step 4: An activation email will be sent to your email address. Complete the rest of the registration process by following the instructions in the email to activate your account. Once this is done done, click “Email activated, please log in”.
How to complete KYC (ID Verification) on Gate.io
In order to ensure the safety of your assets, and to reduce fraud, money laundering, blackmail, and other illegal activities, Gate.io makes it mandatory that all users obtain KYC ID Verification. Only after your account has obtained KYC ID verification, can you withdraw funds or use credit cards or debit cards to buy cryptocurrencies.
Step 1: Log in to your Gate.io account.
Place your cursor on the top-right profile icon and go to “KYC (ID Verification)”
Step 2: Click “Individual (Verify now)”
Step 3: Select your country, input your full legal name (twice), fill in your ID information, upload photos of both sides of your ID card, and a photo of you holding your ID together with your User ID (UID) for Gate.io. You will see your User ID by placing the cursor on the top-right profile icon on the main page. Make sure everything is filled in correctly and then click on “Confirm and Submit”.
Step 4: After you have submitted all the requested information, you will see the pending approval.
Approval can take anywhere from a few hours to a few days to complete.
Once the KYC is approved, you’re ready to make your first cryptocurrency purchase.
How to buy cryptocurrency on Gate.io
Step 1: Log in to your Gate.io account.
Then in the Menu Bar at the top of the page, click “Buy Crypto” and select “Credit Card”.
Step 2: Enter the amount you wish to spend in the “Buy with Fiat Currency” tab and select the cryptocurrency that you want to buy under the “Currency Purchased” field. Then select one of the “Service Providers” below and click the “Place Order” button to enter the confirmation page.
Note: You might not be able to purchase every cryptocurrency directly using fiat, if you’re looking to purchase something that isn’t offered in the currency list on this page, then you will want to purchase USDT. We will then show you how to exchange that on the spot-market for the cryptocurrency that you want in the next section of this guide.
Step 3: On the confirmation page, select “Buy Crypto” or the “Create Order” button to complete the payment.
Note: To ensure a quick and secure way of receiving the order, users might need to conduct an additional Identity Verification (KYC) with a third-party service provider. Once successfully verified, the service provider will immediately transfer the cryptocurrencies to your Gate.io account.
How to Conduct Spot Trading on Gate.io
Step 1: Log in to your Gate.io account.
Click on “Spot Trading” under “Trade” on the top navigation bar.
You can either choose “standard” or “professional” version. This tutorial uses the standard version.
Step 2: Search and enter the cryptocurrency you want to trade.
Step 3: Set buying/selling prices and buying/selling amount (or exchange total). Then click on “Buy”/”Sell”.
(Note: The percentages under the “Amount” box refer to percentages of the total account balance.)
Step 4: If you don’t want to set a manual price, you can click on the last prices on the order book to set the buying/selling price automatically.
Step 5: Confirm the price and amount. Then click on “Place Order” to place the order, followed by “Confirm Order” to confirm it.
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Alternative ways to buy Cratos (CRTS)
Because the project is very new, it is only offered directly on a select number of exchanges. If you’re not comfortable connecting your bank account to any of these smaller exchanges, or if you cannot connect your bank account to them for geographical reasons. Then you can instead create an account on any of the major exchanges and simply transfer the funds from there.
Out of the major exchanges we recommend the following based on functionality, reputation, security, support and fees:
1
Binance
Fees (Maker/Taker) 0.075%*-0.1%*
Cryptocurrencies
Available for Trade 500+
Sign-up bonus
10% reduced trading fees*
Available in
Europe, Asia, Oceania, Africa
2
Bybit
Fees (Maker/Taker) 0.1%*-0.1%*
Cryptocurrencies
Available for Trade 400+
Sign-up bonus
$30,000 sign-up bonus*
Available in
Europe, Asia, Oceania, Africa
How to create a Binance account
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Step 1: Go to the Binance website.
Step 2: On the registration page, enter your email address, and create a password for your account.
Then, read and agree to the Terms of Service and click “Create Account”.
Note: Your password must be a combination of numbers and letters.
It should contain at least 8 characters, one UPPER CASE letter, and one number.
Step 3: Complete the Security Verification.
Step 4: The system will send a verification code to your email. The verification code is valid for 30 minutes. If you can’t find the email in your inbox, check your other mail folders as well, or click “Resend Email” to resend.
How to complete KYC (ID Verification) on Binance
Step 1: Log in to your Binance account and click “User Center” and then “Identification”.
Step 2: click “Start Now” to verify your account.
Step 3: Select your country of residence.
Ensure that your country of residence is consistent with your ID documents.
Step 5: Enter your personal information and click “Continue.”
You won’t be able to change it once confirmed.
Refer to the respective options offered for your country.
Step 7: Follow the instructions to upload photos of your document. Your photos should clearly show the full ID document.
Do not wear hats, glasses, or use filters, and make sure that the lighting is sufficient.
Once your application has been verified, you will receive an email notification.
How to buy cryptocurrency on Binance
Step 1: Log in to your Binance account and click “Buy Crypto” and then “Credit/Debit Card”.
Step 2: Here you can choose to buy crypto with different fiat currencies. Enter the fiat amount you want to spend and the system will automatically display the amount of crypto you can get. When you have selected the amount you wish to spend then press “Continue”.
Note: You might not be able to purchase every cryptocurrency directly using fiat, if you’re looking to purchase something that isn’t offered in the currency list on this page, then you will want to purchase USDT. We will then show you how to exchange that on the spot-market for the cryptocurrency that you want in the next section of this guide.
Step 3: Click “Add New Card”. Then enter your credit card details and your billing address.
Step 4: Check the payment details and confirm your order within 1 minute. After 1 minute, the price and the amount of crypto you will get will be recalculated. You can click “Refresh” to see the latest market price. You will then be redirected to your bank’s OTP Transaction Page. Follow the on-screen instructions to verify the payment.
How to Conduct Spot Trading on Binance
Step 1: Log in to your Binance account.
Click on “Classic” under “Trade” on the top navigation bar.
Step 2: Search and enter the cryptocurrency you want to trade.
Step 3: Set buying/selling prices and buying/selling amount (or exchange total). Then click on “Buy”/”Sell”.
(Note: The percentages under the “Amount” box refer to percentages of the total account balance.)
Step 4: If you don’t want to set a manual price, you can place a “Market Order” to set the buying/selling price automatically.
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For more in-depth instructions, our ‘Absolute Beginner’s Guide To Cryptocurrency Investing‘ will take you through the process step-by step. In addition to providing instructions for sending and receiving your cryptocurrency.
And if you’re completely new to crypto our beginner, intermediate and advanced level articles will get you up to speed with everything you need to know about the cryptocurrency space starting out.
Simplecryptoguide.com
What Is Cratos (CRTS)?
CRATOS is an ERC-20 utility token designed to facilitate citizen participation in the CRATOS mobile app, a real-time live vote platform. The CRATOS app is a real-time live voting platform that anyone can generate a vote and users can participate in the vote immediately, and the statistics by gender and age would be displayed to the users to enhance the transparency of public opinion.
News by media and posts and threads by online communities are always biased. Sponsors of the media would have an influence on media to select the news that suits their taste. Online community users form a close community with like-minded people. The app is structured to solve those issues with prejudiced information.
Since the CRATOS has launched the app to the Korean market in Dec 2020, they have reached remarkable numbers as following: 200K+ app downloads, 40k+ users, and 15k+ vote items. And the platform is considered to be the only platform that lefties, righties, and moderate users, politics-wise, can communicate with each other in one place, which is very unique because most of the online communities have a solid political tendency, and reject the opinions that are opposed to the group.
CRATOS aims to be the foremost and pre-eminent vote app in the Korean market, the first target market. To achieve its goal, CRATOS is designed to give rewards to the app users to promote their participation. The vote results get more accurate by having more participants. Unlike other existing polls that are conducted with only 1,000 participants, CRATOS can conduct a poll with 100K+ users within a few minutes.
What is the CRTS token?
Cratos is the ERC-20 utility token that can be earned by:
- Registration on the app.
- Vote generation on the app.
- Vote participation on the app.
- Vote commendation on the app.
Who Are the Founders of Cratos?
Cratos project is founded by Pharos Labs, Inc., South Korea, a blockchain-based company builder, established in Feb 2020. The mission of the company is to create a project team/startup for a business idea to be developed and commercialized with blockchain technology and BaaS (Blockchain-as-a-Service.)
David Kang is the CEO of the company, and he has been working as a startup accelerator/investor/mentor/advisor collaborating with 500+ startups, and operated a cryptocurrency community and a cryptocurrency project. Also, he had managed the boutique private equity firm in cryptocurrency since 2017.
Cratos development updates in 2023
Cratos (CRTS) has seen several noteworthy developments in 2023. Here’s an overview of the most significant updates:
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Expansion of the CRATOS Mobile App: Cratos, a V2E (Vote to Earn) cryptocurrency, has made significant strides in expanding its mobile app. The app, which facilitates citizen participation in real-time live voting, has garnered substantial traction with over 300,000 downloads globally and 190,000 registered users. The daily and monthly active users have also shown impressive figures, indicating robust engagement within the platform.
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Launch of the Global App: A major milestone for Cratos in 2023 was the launch of its global app. Previously available only in Korea, the global launch has been a key driver in the token’s surge in value. For instance, in the week ending December 26, 2021, following the launch of the global app, CRTS surged by 101% to $0.00712, nearing its all-time high. This expansion has significantly increased the accessibility of the platform to users worldwide, which in turn could potentially enhance the token’s market presence and utility.
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Token Availability and Trading Platforms: CRATOS (CRTS) has become available for trading on multiple platforms, including Huobi Global, Gate.io, MEXC, Bittrex Global, GOPAX, Phemex, BitMart, PROBIT GLOBAL, Hoo, BitGlobal, Pancake Swap, and UniSwap. This widespread availability across various exchanges has likely contributed to the increased visibility and accessibility of the token for investors and users.
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Token Rewards Program: An interesting feature of the CRATOS ecosystem is its token rewards program. Users can earn CRTS tokens through various activities on the app, such as registration, vote generation, commentation on votes, and vote participation. These reward mechanisms are designed to encourage active participation on the platform and foster a more engaged community.
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Market Performance and Volatility: In terms of market performance, Cratos has experienced moderate volatility. For example, on a specific day in September 2023, Cratos saw a significant increase, with the crypto advancing 37.91% to $0.0001672327986. This moderate volatility, paired with a low reading on the Risk/Reward Gauge, suggests that the token has moderate price swings and is relatively protected from price manipulation.
These updates mark significant steps in the evolution of Cratos, reflecting its commitment to expanding its user base, enhancing platform accessibility, and increasing its presence in the crypto market. The focus on user engagement through the mobile app and the broadening of trading platforms are likely to continue shaping its trajectory in the cryptocurrency landscape.
Official website: https://www.cratostoken.com/
Best cryptocurrency wallet for Cratos (CRTS)
There are plenty of different crypto wallets available. The best one for you depends on your general trading habits and which provides the most security in your situation. There are two main types of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical). Both have their pros and cons, and there is not necessarily a right or wrong answer when it comes to figuring out which crypto wallet is best for you.
HOW DO I DECIDE WHICH cryptocurrency WALLET TO USE for Cratos (CRTS)?
Deciding which type of wallet to use depends on a variety of factors, including:
- How often you trade. In general, hot wallets are better for more active cryptocurrency traders. Quick login ability means you are only a few clicks and taps away from buying and selling crypto. Cold wallets are better suited for those looking to make less frequent trades.
- What you want to trade. As mentioned earlier, not all wallets support all types of cryptocurrencies. However, some of the best crypto wallets have the power to trade hundreds of different currencies, providing more of a one-size-fits-all experience.
- Your peace of mind. For those worried about hacking, having a physical cold wallet stored in a safe deposit box at the bank or somewhere at home, provides the safest, most secure option. Others might be confident in their ability to keep their hot wallets secure.
- How much it costs. It is important to investigate the costs associated with each wallet. Many hot wallets will be free to set up. Meanwhile, cold wallets, like any piece of hardware, will cost money to purchase.
- What it can do. While the basics of each cryptocurrency wallet are the same, additional features can help set them apart. This is especially true of hot wallets, many of which come with advanced reporting features, insights into the crypto market, the ability to convert cryptocurrencies and more. Security features can also be a good differentiator.
For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.
If you’re going to be dealing in larger volumes of crypto, investing in cold storage might prove advantageous.
Most widespead examples of this being the Ledger Nano and the Trezor.
Ledger manufactures cold storage wallets designed for users who want increased security. Their wallets are a physical device that connects to your computer. Only when the device is connected can you send your cryptocurrency from it. Ledger offers a variety of products, such as the Ledger Nano S and the Ledger Nano X (a bluetooth connected hardware wallet).
Trezor is a pioneering hardware wallet company. The combination of world-class security with an intuitive interface and compatibility with other desktop wallets, makes it ideal for beginners and experts alike. The company has gained a lot of the Bitcoin community’s respect over the years. Trezor offers two main models – The Trezor One and Trezor Model T (which has a built in touch screen).
Market Overview
Coinmarketcap.com
Coinmarketcap will be your cryptocurrency go-to for just about everything. Here you can see the following: