Circuits of Value (COVAL) is an Ethereum token that runs Emblem, a platform that allows users to combine ETH, ERC-20, and NFT tokens into a single, tradable token called a Vault. COVAL may be used to establish Vaults and is given to liquidity providers as an incentive.
Circuits of Value (COVAL) can only be purchased on the majority of cryptocurrency exchanges if you already have Bitcoin (BTC) or Ethereum (ETH) to trade with. The good news is that you can simply buy any cryptocurrency at Coinbase with your credit card or bank account.
- Although Coinbase has iOS (iPhone) and Android apps, I have found that using their website is the simplest approach to set up your exchange account with them.
- 1) Navigate to their website.
- 2) Then, under the get started box, enter your email address. Please MAKE SURE that the email address you give is one that you have access to and that it is your most secure email address, since this is how you will always sign in to your Coinbase account.
- 3) Next, Coinbase will ask you if you are an INDIVIDUAL or a BUSINESS. Because I’m presuming you’re an individual, I’ll skip the entire business account setup. MAKE SURE TO USE YOUR REAL NAME, since this will be used for account verification by Coinbase.
- 4) Coinbase will then send you an email to confirm your email address. Open the email and navigate to the link.
- 5) You should now be able to login in to your Coinbase account. Again, because you will be spending your hard earned money to fund your Coinbase account, you must complete a few extra verification processes. The first is the verification of a mobile phone number.
- Coinbase sets up Two-factor authentication (2FA) on your account using your cell phone number, making your account even more safe. Coinbase will text you for any substantial changes to your account, including transactions.
You must now establish your financial sources (i.e how you plan on purchasing your Bitcoin or Ethereum). You have the choice of using your bank account or a credit card. Since you’re reading this article right now and want to use your BTC or ETH to buy Circuits of Value (COVAL), I’d recommend selecting the Credit Card financing option.
Although each exchange has its unique method of creating a trading account, the majority of exchanges (such as first affiliate) offer a similarly simple setup procedure as Coinbase. Furthermore, because your funding will be done using Bitcoin or Ethereum that you have already acquired, the setup should be quicker.
Once you’ve established a trading account with one of the exchanges that deals in Circuits of Value (COVAL), you’ll need to transfer your BTC or ETH from Coinbase to that exchange.
You will need to obtain your account’s BTC or ETH wallet ID from the exchange where you wish to acquire Circuits of Value (COVAL). On most exchanges, a DEPOSIT button will appear next to either BTC or ETH. When you click on it, you should be able to view (or be given the option to create) your wallet ID. Your wallet ID is unique to your account.
Return to your Coinbase account once you’ve obtained the wallet ID for your chosen currency. Because I don’t want to overlook any stages in this critical procedure, go here to study Coinbase’s official how-to instruction for transferring your cash to another wallet. The good news is that Coinbase provides you with a link to follow the transfer in your account.
Once your transfer has been verified, it should appear in your exchange’s account and be instantly available for use in purchasing Circuits of Value (COVAL). If you bought Ethereum (ETH) via Coinbase, you should seek for the COVAL/ETH investment. COVAL/BTC is the Bitcoin exchange rate.
Don’t be concerned if Circuits of Value (COVAL) does not provide an investment option utilising the currency you obtained from Coinbase. All you have to do is trade into the relevant currency.
When you’re ready to purchase Circuits of Value (COVAL), you’ll most likely have a few options.
The first option is to buy at the market price. Circuits of Value (COVAL) is currently trading at this price. There is nothing wrong with purchasing at this price, but if you believe the price will fall or if you want to purchase it at a lesser price, check at the maximum price.
Limit pricing simply means that you wish to buy a specified number of Circuits of Value (COVAL) at a specific price. If the price of COVAL falls below that threshold, your order will be executed. Remember that because to the volatility of the market, there is no certainty that the price will fall to your limit price.