How And Where To Buy Ambrosus (AMB) - Step By Step Guide

AmbrosusAmbrosus
$0.00656
0.85%
cryptooguide.com2m ago

AMB can be bought on several crypto exchanges. However, just like most of the other cryptos, you will have to trade your FIAT ($) to a cryptocurrency before moving on to the crypto exchange of your choice. We will be guiding you through the whole journey on how to buy and store AMB.

Coinbase is one of the largest and most secure FIAT-to-crypto exchanges in the world. And this is where most people in fact start their crypto journey. Coinbase is as of writing this article offering 240 different cryptocurrencies but we are going to focus on buying Bitcoin (BTC) today. Click the button below and sign up to get a bonus of $10 in BTC when you buy $100 worth of any cryptocurrency.

Binance

With its jaw-dropping $2 billion daily trading volume and 1.4 million transactions per second, Binance is as of writing this guide the largest cryptocurrency exchange in the world. They offer a TON of different coins and tokens to be traded on their platform and are my personal go-to exchange. One of those coins is in fact AMB. Use the button below to register your new account.

Note: Binance does not allow US citizens to register and use their services. So if you are from the US make sure to check out the other exchanges that we have listed at Step 3.

Activate 2FA and verify identity

Once you have created a new account on Binance by following similar steps as we did on Coinbase you will be prompted to activate 2-factor authentication (2FA).

It has become an industry-standard so I would highly suggest activating 2FA on any site that you want extra protection on.

You might also be required to verify your identity to be able to trade. This entirely depends on the exchange policies and your local regulations. The verification is very straightforward and should not take more than 30 minutes to possibly a few days depending on Binance. Once the verification is done you will have higher limits and access to everything you need.

Step 4: Deposit BTC to Binance Find BTC in your wallet

It’s time to head over to the wallet and deposit your newly bought BTC. Click on “Fiat and Spot” under the “Wallet” tab.

Find or search for BTC and click “Deposit”. This will bring you to the deposit page.

If this is your first time making a cryptocurrency transfer this page might feel a little scary. But there is absolutely nothing to worry about if you read and do everything carefully (just as with your bank account).

First of all, make sure that the “Coin” field is the same as the coin you will be depositing. In this case, we will be depositing BTC. The network should be “BTC” if you are depositing Bitcoin. “ETH” if you are depositing Ethereum and “BSC (BEP20)” if you are depositing USDT.

Next up is the actual address to your wallet, which basically looks like an alphabet and number soup. This is the unique public address where your BTC will be stored on Binance. Click on the two overlapping papers to copy the address.

Note: If you feel unsure about what you are doing, make sure to check out Binance FAQ section for answers.

Deposit BTC from Coinbase

Head over back to Coinbase and click on the “Send/Recieve” button in the top right corner.

Paste your address under the “To” field. Also, make sure to double-check that the address on Binance and the address you just paste are the same. Because there is some malware out there that can alter the pasted address. What that means is that if the address does not match you are basically sending your precious BTC to someone else’s wallet. This is something we really do not want to happen!

Once you have double-checked the address you can enter how much BTC you want to send and a message (if you want to). Then go ahead and click on the “Continue” button.

You should receive a confirmation email within a minute. Click the link inside of that email to confirm the transfer you just submitted. Your BTC is now on their way to Binance.

The transfer often only takes a few minutes, but can sometimes take a few hours at worst. It all depends on how congested the BTC blockchain is. You will get a confirmation email from Binance once the BTC has been deposited into your account.

It’s now the best time to buy AMB. So let’s jump right into step 5!

Step 5: Trade the BTC for AMB Find the AMB/BTC pair

Alright, let’s buy some AMB. Start by clicking on the “Market” button at the top, after that type AMB in the search field.

Click on “BTC Markets” if you bought BTC, “ALTS Market” if you bought ETH, and “FIAT Markets” if you bought USDT. After that you should see the AMB/BTC pair. Click on the “Trade” button.

Buy AMB

This screen contains a lot of information and might be a little scary to some. But we will walk you through what you need to know.

The order book. This contains all the “Limit” orders that users of Binance have placed. Market Trades. This displays the latest trades made. The “Market” buy button. This button tells Binance that you want to place an order for the amount of BTC filled out in the “Total” field. A market buy will try to fill your order at any cost, so be careful if you are trying to trade a lot.

Once you have filled out the total amount of BTC you want to trade for AMB, click that “Buy” button.

If the order went through you are now a owner of AMB. Congratulations!

Mercatox

Mercatox story began in 2016 when the development of Cryptocurrency grew rapidly and started to be known by the public. Mercatox came as one of the big cryptocurrency exchanges as the answer for the people who want to trade cryptocurrency. Being a modern service for accessing the cryptocurrency exchange market which can be used by all trader levels – Beginner to Professional.

Mercatox with its 600,000+ users has been listed on Coinmarketcap as one of the top 100 exchanges – per November 2019 and we hope we can further be developed with our various future development plans.

Note: Mercatox does allow US citizens to register and use their services.

Activate 2FA and verify identity

Once you have created a new account on Mercatox by following similar steps as we did on Coinbase you will be prompted to activate 2-factor authentication (2FA).

It has become an industry-standard so I would highly suggest activating 2FA on any site that you want extra protection on.

You might also be required to verify your identity to be able to trade. This entirely depends on the exchange policies and your local regulations. The verification is very straightforward and should not take more than 30 minutes to possibly a few days depending on Mercatox. Once the verification is done you will have higher limits and access to everything you need.

Step 4: Deposit BTC to Mercatox Find BTC in your wallet

It’s time to head over to the wallet and deposit your newly bought BTC. Click on the “E-Wallet” button.

Find or search for BTC and click “Deposit”. This will bring you to the deposit page.

If this is your first time making a cryptocurrency transfer this page might feel a little scary. But there is absolutely nothing to worry about if you read and do everything carefully (just as with your bank account).

First of all, make sure that the “Coin” field is the same as the coin you will be depositing. In this case, we will be depositing BTC. The network should be “BTC” if you are depositing Bitcoin. “ETH” if you are depositing Ethereum and “BSC (BEP20)” if you are depositing USDT.

Next up is the actual address to your wallet, which basically looks like an alphabet and number soup. This is the unique public address where your BTC will be stored on Mercatox. Click on the two overlapping papers to copy the address.

Note: If you feel unsure about what you are doing, make sure to check out Mercatox FAQ section for answers.

Deposit BTC from Coinbase

Head over back to Coinbase and click on the “Send/Recieve” button in the top right corner.

Paste your address under the “To” field. Also, make sure to double-check that the address on Mercatox and the address you just paste are the same. Because there is some malware out there that can alter the pasted address. What that means is that if the address does not match you are basically sending your precious BTC to someone else’s wallet. This is something we really do not want to happen!

Once you have double-checked the address you can enter how much BTC you want to send and a message (if you want to). Then go ahead and click on the “Continue” button.

You should receive a confirmation email within a minute. Click the link inside of that email to confirm the transfer you just submitted. Your BTC is now on their way to Mercatox.

The transfer often only takes a few minutes, but can sometimes take a few hours at worst. It all depends on how congested the BTC blockchain is. You will get a confirmation email from Mercatox once the BTC has been deposited into your account.

It’s now the best time to buy AMB. So let’s jump right into step 5!

Step 5: Trade the BTC for AMB Find the AMB/BTC pair

Alright, let’s buy some AMB. Start by clicking on the “Trade” button at the top, after that type AMB in the search field.

Choose “BTC” if you bought BTC, “ETH” if you bought ETH, and “ALL MARKETS” if you bought USDT. After that you should see the AMB/BTC pair. Click on that pair.

Buy AMB

This screen contains a lot of information and might be a little scary to some. But we will walk you through what you need to know.

The order book. This contains all the “Limit” orders that users of Mercatox have placed. Market Trades. This displays the latest trades made. The “Market” buy button. This button tells Mercatox that you want to place an order for the amount of BTC filled out in the “Total” field. A market buy will try to fill your order at any cost, so be careful if you are trying to trade a lot.

Once you have filled out the total amount of BTC you want to trade for AMB, click that “Buy” button.

If the order went through you are now an owner of AMB. Congratulations!

ProBit

ProBit is a cryptocurrency exchange that was founded in 2017 and is based in Seoul, South Korea. The exchange has a global platform that is crypto-only, as well as a local exchange that provides fiat trading pairs with the South Korean won. Over time, the platform has become known for its many initial exchange offerings (IEOs) and a large selection of trading pairs.

Note: ProBit does allow US citizens to register and use their services.

Activate 2FA and verify identity

Once you have created a new account on ProBit by following similar steps as we did on Coinbase you will be prompted to activate 2-factor authentication (2FA).

It has become an industry-standard so I would highly suggest activating 2FA on any site that you want extra protection on.

You might also be required to verify your identity to be able to trade. This entirely depends on the exchange policies and your local regulations. The verification is very straightforward and should not take more than 30 minutes to possibly a few days depending on ProBit. Once the verification is done you will have higher limits and access to everything you need.

Step 4: Deposit BTC to ProBit Find BTC in your wallet

It’s time to head over to the wallet and deposit your newly bought BTC. Click on the Balance” button under the “Wallet” tab.

Find or search for BTC and click “Deposit”. This will bring you to the deposit page.

If this is your first time making a cryptocurrency transfer this page might feel a little scary. But there is absolutely nothing to worry about if you read and do everything carefully (just as with your bank account).

First of all, make sure that the “Coin” field is the same as the coin you will be depositing. In this case, we will be depositing BTC. The network should be “BTC” if you are depositing Bitcoin. “ETH” if you are depositing Ethereum and “BSC (BEP20)” if you are depositing USDT.

Next up is the actual address to your wallet, which basically looks like an alphabet and number soup. This is the unique public address where your BTC will be stored on ProBit. Click on the “Copy” button to copy the address.

Note: If you feel unsure about what you are doing, make sure to check out ProBit FAQ section for answers.

Deposit BTC from Coinbase

Head over back to Coinbase and click on the “Send/Recieve” button in the top right corner.

Paste your address under the “To” field. Also, make sure to double-check that the address on ProBit and the address you just paste are the same. Because there is some malware out there that can alter the pasted address. What that means is that if the address does not match you are basically sending your precious BTC to someone else’s wallet. This is something we really do not want to happen!

Once you have double-checked the address you can enter how much BTC you want to send and a message (if you want to). Then go ahead and click on the “Continue” button.

You should receive a confirmation email within a minute. Click the link inside of that email to confirm the transfer you just submitted. Your BTC is now on their way to ProBit.

The transfer often only takes a few minutes, but can sometimes take a few hours at worst. It all depends on how congested the BTC blockchain is. You will get a confirmation email from ProBit once the BTC has been deposited into your account.

It’s now the best time to buy AMB. So let’s jump right into step 5!

Step 5: Trade the BTC for AMB Find the AMB/BTC pair

Alright, let’s buy some AMB. Start by clicking on the “Trade” button at the top, after that type AMB in the search field.

Choose “BTC” if you bought BTC, “ETH” if you bought ETH, and “USDT” if you bought USDT. After that you should see the AMB/BTC pair. Click on that pair.

Buy AMB

This screen contains a lot of information and might be a little scary to some. But we will walk you through what you need to know.

The order book. This contains all the “Limit” orders that users of ProBit have placed. Market Trades. This displays the latest trades made. The “Market” buy button. This button tells ProBit that you want to place an order for the amount of BTC filled out in the “Total” field. A market buy will try to fill your order at any cost, so be careful if you are trying to trade a lot.

Once you have filled out the total amount of BTC you want to trade for AMB, click that “Buy” button.

If the order went through you are now an owner of AMB. Congratulations!

Ledger was launched in 2014 by 8 people that have expertise in security, cryptocurrencies, and entrepreneurship. And now in the current year of 2021, they are the leading provider of “hardware wallets” in the world.

If you are planning to hold your AMB for a long time it is recommended to buy a “hardware wallet” to store the coins in. After all, a cold wallet is the most secure way to store AMB.

The cold wallets Ledger is selling currently goes for $50 to $150 depending on which one you are looking to buy. The general consensus is that if you own over $100 of crypto you should get a cold wallet as well.

Note: One thing to keep in mind when handling cryptocurrencies is that you basically become your own bank. So make wise decisions and keep your portfolio safe!

NordVPN is one of the leading VPN providers. They offer a secure and 100% anonymous VPN service. The amount of servers they have is astounding, as of writing this guide they have servers in at least 59 countries.

It is very important to stay anonymous while trading AMB, as you never know who is watching what you are doing. NordVPN can also be used for numerous other use cases such as streaming shows from a country you’re currently not in.

They are often running an offer on their website so make sure to take advantage of that whenever they do!

CryptoTrader.Tax is a tax software built to save you time and maximize your refund. It is super easy to use and will save you hours of work, especially if you are a “day trader”. They support a TON of exchanges and will help you from landing on the government’s naughty list.

You can sign up and test CryptoTrader.Tax for free, however, you will need to pay to get the results. So check it out if you want to streamline your crypto taxes!

Crypto Ultimatum is a training program that will teach you everything you need to know to start trading cryptocurrencies. This program will also teach you how to make sweet profits on your trades.

The creators of this training have been in the market for at least 5 years, so they have a ton of experience!

It is not possible to buy AMB directly with cash. However, BTC can be bought with cash and then traded to AMB by using the altcoin exchanges we listed in step 3. Let’s find out how!

LocalBitcoins is a trading platform where people from your local area will buy from you and sell to you. The amount of bitcoins/cash you will get from LocalBitcoins is a bit lower than from regular exchanges. However, it is the price you have to pay if you want to use cash.

Find a seller/buyer and do your due diligence to find out if they are trustworthy. Once you feel comfortable go ahead and contact them. Congratulations, you just bought/sold your first Bitcoin by using cash!

Yes, Europe is one of the easiest places to buy crypto in. In fact, some of the countries in Europe even have 0% tax on cryptocurrencies and some even offer their citizens to pay their taxes with crypto. The easiest way to buy crypto in Europe is to use Coinbase as we explained at the start of this guide.