There is nothing wrong with purchasing at this price, but if you think the price will drop or wanted to get it at a lower price, then look at the limit price. What we need to do next is just purchase another cryptocurrency and then transfer it to an exchange that currently supports trading AKN. If you want to learn how to buy more cryptocurrencies, here is our library of guides on how to buy cryptocurrency with USD. You’ve purchased Akoin (AKN) using USD with the help of another crypto exchange. Limit price says you want to purchase a certain amount of Akoin (AKN) at a specific price.
Once you receive the email just click on the link and you should now have access to your Coinbase account. Once you are at their website you’ll need to enter your email address in the get started box. Make sure that this is both an email address you have access to and also one that you consider the most secure as you’ll use this to sign in and manage your cryptocurrencies.
One of the most influential voices in Africa and its diaspora, Akon the Founder has been selected to the Forbes Celebrities 100 and 40 Most Powerful African Celebrities lists. For millions of the 600+ million Africans who do not have electricity today, Akon Lighting Africa already has brought solar power to 18 states in Africa, providing safety, health, and well-being. Akoin will serve as the primary currency in Akon City, an eco-tourism smart city currently under construction in Senegal, Africa. International firms and services seeking a foothold in the market will find it difficult to compete with Akoin’s access and expansion. As with the whole account process, Coinbase made the purchase of a cryptocurrency very simple and straight-forward.
On What Factors Does The Price Of The AKN Depend?
Coinbase assumes that you are signing up for an Individual investment account so the next part of the sign up process deals with verifying your identity. Next you should see a pop-up asking you for a few more account details such as your first and last name, re-confirming your email address (really annoying as sometimes this will show up as blank), setting a password, and the state you live in. You also need to be at least years of age to sign up for an account. Coinbase has both an iOS (iPhone) and Android app to manage your account, however the easiest way to create an account with them is to use their website. The three major options for this in the United States are Coinbase, Paypal (or Venmo), or Robinhood. We’ve put together this quick step-by-step guide to show you how to buy Akoin (AKN) using US Dollar.
According to the current information collected by CoinCarp, you can’t buy Akoin(AKN) directly with fiat by traditional financial methods(such as Paypal or Bank Cards).
The Akoin Multi-Currency Wallet is the native Akoin wallet that allows users to trade amongst partnered cryptocurrencies internally without facing major hurdles and fees often found with exchanges. This exchange is enabled through a proprietary and private Atomic Swap technology that makes direct transfer with all major cryptocurrencies, our Partners’ alt currencies possible, without having to go through a major exchange. The Multi-Currency Wallet exists within the Dapp Marketplace as one of its functions.
Learn how to buy Akoin in the United States (with USD)
Therefore, it’s wide enough to quote that AKN Network AKN tokens have been upgraded to a new all-time high translation volume of almost $0.1546 U.S Dollars per token. With an available quantity of 450,000,000 AKN tokens available at any given time. Moreover, it also gives entrepreneurs a more reliable currency with which to start and grow their firm. Akon, the visionary global musician, start changing, innovator, and humanitarian, has founded Akoin to enable people to connect and interact across Africa’s growing economies and beyond. Coinbase currently does not support the purchasing of Akoin, however don’t worry.
After the sheer appraisal in the field of trading which is around 100% in just a matter of a certain countable transitional month, cryptocurrencies have suffered an intense depreciation due to their uncertain market nature. In order to purchase prominent cryptocurrencies such as bitcoin and bitcoin cash with US dollars, you can use Coinbase or BlockFi. You can buy other cryptocurrencies, such as AKN, once you’ve acquired it from BitMart, and Bittrex.
Newsroom is your go-to source for in-depth news articles, helpful guides, and information in the crypto industry. The Akoin price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. Fill out how much US Dollar you’d like to invest in and click the “Buy” button and … All you need to do is click on the “Prices” option in the top menu bar and you’ll see a list of all the supported cryptocurrencies on Coinbase.
Akoin is a Stellar-based cryptocurrency designed to fuel rising entrepreneurs in Africa and beyond. Akoin will be used as a common medium of transfer between Africa’s 54 countries (each with its own volatile currency). To buy Akoin(AKN), you’ll need to purchase another cryptocurrency that can be easily purchased by fiat, such as ( USDT, BTC, ETH, or BNB) first, and then send them to the crypto exchanges or crypto wallet which supports Akoin(AKN) trading. This creates a compelling value proposition for Akoin platform users and early adopters.
To buy Akoin using USD (US Dollar) you will have to use a cryptocurrency exchange or financial service that supports funding via either your bank account or credit card. Now you need to send that purchased cryptocurrency to your new exchange’s wallet. Since we don’t want to miss any steps in this important process, click here to view the official how-to guide from Coinbase on transferring your currency to another wallet. Once you have setup your account at another crypto exchange and have your specific currency’s wallet ID, head back over to your Coinbase account and we’ll need to purchase one of the exchange’s supported currencies that are also supported by Coinbase. You can trade Akoin(AKN) for other cryptocurrencies on crypto exchanges. Cex or Dex exchanges offer some trading pairs for Akoin trading to meet your needs.
If you already have a Coinbase account with your funding method setup, click here to skip to step three. The next part sometimes changes (we are guessing Coinbase does a lot of user testing) but normally you are then asked for your mobile phone number. This is 100% so you can setup your Two-factor authentication (2FA) to make your account even more secure. We have never seen a spam message came from this, rather it is only used to login to your account and alert you to any major account changes. As with more sign-up processes, the next step will be Coinbase sending you an email to verify your email address.
I love Akon and think he truly is a business genius that thinks outside the box(he has a fucking diamond mine and is funding the building of his own futuristic city that runs on his own personal crypto). His crazy, but semi-realistic visions remind me of an early Richard Branson, Elon Musk or Dubai, but I’m an ooen-minded and humble person and don’t want to be blinded by previous bias due to loving his music. Stay informed with the latest updates and insights from the world of cryptocurrencies.
Since we are discussing how to purchase [coin] [symbol] using US Dollar, we are assuming you are a US resident. If that’s the case you can either upload your Driver’s License, State ID card, or passport to verify your identity. Briefly said, AKN has blessed internet traders with trading pleasures all over the world, thanks to its safe, diverse, and feasible transactional regulations, rather than claiming credit for this.
AKN Price Statistics
Developed on the Stellar platform, Akoin is intended to support the growth of new businesses in African and beyond. Between the 54 African countries, Akoin will serve as a standard means of payment for goods and services (each with its own volatile digital currency). Making it possible for African individuals and entrepreneurs to participate in the digital economy using nothing but a cell phone. When funding using a bank account you’ll have more purchasing (buying) power than a credit card.
Decentralized applications (dApps) and apps, as well as tools for entrepreneurs, would be available to Akoin token holders through the Akoin Ecosystem, making it easier for them to do business in places like Africa while also making a good social impact. Africa is home to over 40 different currencies in 54 different countries, all of which are plagued by high inflation and instability, making it difficult for businesses to expand both within Africa and internationally. This also creates enormous obstacles for entrepreneurs looking to learn, earn, spend, and save. To check Akoin’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page.
If the price of AKN gets to that price your order will be processed. Remember, with how volatile the market is, there is no guarantee the price will drop to your limit price. After your transfer of your crypto from Coinbase to your exchange’s wallet is confirmed, you’ll want to initiate a trade of that specific cryptocurrency for Akoin (AKN). To add a payment method to your account, you can either click on the “Add payment method” box that appears at the top of the main screen on Coinbase, or click on your profile photo then settings then payment methods. Robinhood also has the same limitations as Paypal (or Venmo) where they “don’t currently provide you with access to your wallet or your wallet address” which means they do not offer a way for your to transfer your crypto out of Robinhood.
- To add a payment method to your account, you can either click on the “Add payment method” box that appears at the top of the main screen on Coinbase, or click on your profile photo then settings then payment methods.
- Even though the exchange you purchased Akoin at does this for you, using a third-party website or app makes it a whole lot easier.
- Therefore, it’s wide enough to quote that AKN Network AKN tokens have been upgraded to a new all-time high translation volume of almost $0.1546 U.S Dollars per token.
- Coinbase has both an iOS (iPhone) and Android app to manage your account, however the easiest way to create an account with them is to use their website.
- You can trade Akoin(AKN) for other cryptocurrencies on crypto exchanges.
Even though the exchange you purchased Akoin at does this for you, using a third-party website or app makes it a whole lot easier. Staking is a great way to maximize your holdings in staking coins that would otherwise be sitting in a wallet or trading account. Exchange inflows and outflows, paramount and technical differences, the news cycle, and the overall economic climate are all interlinked variables that impact AKN’s price and market cap.
To use a bank account, you’ll just need to select you back account, give Coinbase some information about the account, and then waiting for the account to be verified. Sometimes this verification is automatic depending on the relationship Coinbase has with your banking institution, otherwise it might take a few days as Coinbase will make a couple small deposits in your account that you’ll need to verify. In the United States we are given the option to fund our Coinbase account with either a Credit Card or Bank Account. It might take a few minutes to process and validate your identity, but once the process is complete you are ready to fund your Coinbase account. Once you’ve completed that portion, the next step will be a photo verification.
Since the operation procedures vary from different CEX, we can’t provide you a step-by-step guide on how to buy in all the different centralized exchanges(CEX), but we can provide you with some general procedures. When it comes to DApp/App-based services, Akoin intends to be the leading company, especially in emerging markets like Africa. A word of advice, now that you’ve made your first investment in Akoin (AKN), you should MAKE SURE to track your investment.
We’ve found using a credit card is the fastest way to fund your account, however you will have a lower deposit limit. Also be sure to check with your credit card company as some companies actually charge a fee or highest interest for purchasing cryptocurrency using a credit card. Nowadays, most people prefer to use hardware cold wallets, if you want to store a large number of coins or tokens, you can choose to use a hardware cold wallet to store your assets. Driven by a marketplace of products and services, Akoin is a cryptocurrency that fuels the ambitions of entrepreneurs, businesspersons, and community organizers.