The most common way to buy ShareToken at the moment is with KuCoin, one of the largest cryptocurrency exchanges. In order to buy this cryptocurrency, you will first need a stablecoin or another cryptocurrency such as Bitcoin to buy SHR, but we will cover this later.
We are going to focus first on how you can buy Sharetoken, as this is what the post is focused on, and if you want to know more about the cryptocurrency, you can find information about this project further on.
SHR is on one of the most popular cryptocurrency exchanges, and unlike other cryptocurrencies, you will not be able to buy it with fiat money, which is euros or dollars or any other currency. In order to buy it, you will have to do it with cryptocurrencies, either bitcoin BTC, Ethereum ETH or USDT (Tether) as the main ways to buy SHR. As you can see, in order to get your hands on this cryptocurrency, you will have to do a few more steps than with other more popular and easier to buy cryptocurrencies.
Is it possible to buy ShareToken anonymously, is another question you may have doubts about at the beginning. There is no need to worry about the trace that can be seen, as cryptocurrencies have no name attached to them and there is no way of knowing who the owner is. Having access to your broker is the only way to know what cryptocurrencies you have and the number. Even so, it is not possible to track what you have acquired with that coin. Therefore, it is possible to buy ShareToken anonymously on any of the websites.
Where to buy ShareToken
If you are interested in buying ShareToken, currently ShareToken is not available on many exchanges, with KuCoin being the main and most relevant exchange to buy SHR. I leave you with a video if you are not familiar with buying cryptocurrencies and the KuCoin exchange, so you can see step by step how to do it. It may seem complicated, but once you do it and understand it, it is really simple.
The great thing about using KuCoin is the wide variety of cryptocurrencies. So you will be able to use this platform to buy many of the cryptocurrencies that you may want to buy in the future. In addition to being a secure platform with a large number of customers, being one of the main exchanges.
Now that we have quickly seen how to do it, let’s go with a more step by step guide so you don’t get lost.
The first thing to do to buy SHR is to register at the link here. You can register with a mobile phone or email, whichever works best for you. They also have a mobile app, if that is more convenient for you than using KuCoin on your computer. The reality is that the mobile app is faster and can be more intuitive than using the platform on your PC.
Buying coins with fiat money
Once you have your account with KuCoin, and you have filled in all the information in the KYC process, which is not necessary in the beginning but recommended so that you are not limited. You will have to make your first deposit. You will be able to choose between different options, such as bank transfer, which takes a few days to get the money in your account, or credit card, which is immediate. Although bank transfer is free of charge, credit card is. You can also transfer cryptocurrencies into your KuCoin wallet so you don’t have to pay by credit card or bank transfer.
You can make a deposit of a cryptocurrency, in this case USDT. Simply copy your adress on your other platform where you have USDT, and click on transfer. This will save you from having to buy USDT or another cryptocurrency with your credit card or bank transfer and save on handling fees, depending on the form of deposit you make.
The best way is to buy USDT on Binance with your credit card, with only a 1.8% fee, and send the USDT you bought on Binance to KuCoin.
If you want to buy or deposit euros, dollars or another currency in KuCoin, the fees to pay by credit card and have it instantly are somewhat high, so if you want to buy Sharetoken without incurring higher fees, use Binance to deposit your currency, in my case euros, go to the EUR/USDT pair and buy USDT.
With USDT, go to wallet, search for USDT (Tether) and click withdraw. Here you enter the KuCoin wallet address of your USDT, and you can have USDT in your KuCoin account paying the lowest commissions.
This is only possible if you already use another platform and have the cryptocurrency there. If this is not your case, you will have to use the previous way to buy the cryptocurrency.
To buy SHR, the best option is to buy USDT, but you can also buy Bitcoin. If you choose Tether, you will then have to go to the market and select the SHR/USDT currency. If you have decided to buy Bitcoin, it will simply change the currency SHR/BTC. There is no difference in price nor is one better than the other, it is simply up to each person’s choice of which cryptocurrency to buy first with euros dollars or another currency, in order to be able to buy Sharetoken.
Deposit BTC or USDT for exchange
In some exchanges they will need more information, which is known as KYC, and it is simply handing in the documentation they ask for, and it can take a few days to verify your account, as they have to make sure that it is really you. In the case of KuCoin, fortunately, KYC is not necessary for small movements, less than 5 BTC, so if you are not going to move large amounts, you can do so without having to wait for your KYC to be approved. However, the process is usually straightforward and easy to follow. Once you have it set up, you will have full access to your exchange wallet.
If this is your first time depositing with a wallet, it can be complicated here, but it’s actually quite simple. In the box on the right, you will see a string of random numbers that says “USDT address”, this is a unique public address of your Tether wallet, it is the same in case of Bitcoin. This wallet, or wallet, is only with respect to KuCoin. You can look at it like when you make a deposit in euros or your currency on any platform.
Now simply go back to your exchange where you have your cryptocurrencies and you want to transfer them to KuCoin, go to the wallet and click on Bitcoin or Tether in your list of assets, then ‘Send’ on the right.
In the Recipient field, paste the wallet address into your clipboard, for security reasons you should always check if both addresses match. Some computer malware has been known to alter the contents of your clipboard to another wallet address and would essentially be sending funds to someone else.
Now click ‘Submit’ to proceed, you will receive a confirmation email instantly, click on the confirmation link in the email and your coins are on their way.
Check before you click that your wallet address is correct and there are no errors. It should take a short time, at most a few minutes or less. And see the notification in KuCoin and in the other exchange that you have sent the cryptocurrencies. Now you are ready to buy SHR with your USDT or BTC.
Trading with SHR
Go to markets, and select USDT if you are using Tether or BTC if you are using Bitcoin. Search for sharetoken or “SHR” in the search engine.
In the right column there is a search bar, now make sure “BTC” is selected as we are trading BTC to altcoin or USDT if you are using Tether. Click on it and type “SHR”, you should see SHR/BTC or SHR/USDT, select that pair and you should see a SHR/BTC price chart in the middle of the page.
Below is a box with a green button that says “Buy SHR”, inside the box, choose the “Market” tab here as it is the most straightforward type of buy orders. You can type in your amount or choose how much of your BTC deposit you would like to spend on the purchase by clicking on the percentage buttons. When you have confirmed everything, click “Buy SHR“. You already own this cryptocurrency.
What is SHR?
ShareToken (SHR) is a cryptocurrency and its main market and operation is in KuCoin. ShareToken has a supply of 6,434,460,139.8 with 2,000,272,388.07 in circulation. ShareToken’s last recorded price is 0.03668073 USD and it has risen 51.43 in the last 24 hours. It is currently traded on 14 active exchanges with $10,692,062.42 in circulation in the last 24 hours. If you want to know more about the project, you can find it on its official website: sharering.network/.
As of today, SHR is ranked 120th on Coinmarketcap and has had a huge rise of 51.43% at the time we are writing this.
How to mine ShareToken with my PC
To be able to mine ShareToken with your computer, the first thing to do is to go to the creators’ site to see the project and how to mine it. There you can find information on how to mine ShareToken safely, and avoid any problems.
Forums or tutorials on other websites can also be helpful information on how to mine the cryptocurrency. Equipment capable of mining without high energy consumption is required.