How and Where to Buy Alaska Inu (LAS) — Step by Step Guide
What is Alaska Inu (LAS)
Alaska Inu is a 100% decentralized community experiment.It claims that 50% of the tokens have been sent to CZ, 25% of the tokens have been locked in the Pancakeswap pool, and the keys have been burned, and the remaining 25% of the tokens have been generated through transactions on the Binance Smart Chain.
Alaska is an interesting experiment.
There are many interesting experiments in Alaska, such as Trading airdrop, Decentralised exchange, Yield Farming, NFT marketplace, and AlaskaMint
Alaska has no team and every member of the community is the owner of Alaska
Everyone who builds the Alaska community can gain from Alaska(Ordinary people are not ordinary)
LAS ranks at 2727 on coinmarketcap and its price has increased to 24.96% at the time of writing.
LAS has been listed on many crypto exchanges but like the other cryptocurrencies it cannot be purchased directly with fiat money.First we need to convert our fiat to bitcoin through any crypto exchange and then transfer it to the exchange which offers to trade this coin, we have created this comprehensive guide to help you.
If you already have BTC then simply click on below link to go directly on the exchange and buy it.
Step 1 : Create Account on Coinbase
After creating the account you will need to buy either Bitcoin (BTC) or Ethereum (ETH).We have chosen Coinbase because it is the largest crypto exchange which allow fiat deposits.Use the link below to sign up on Coinbase, after spending 100 $ you will receive free 10 $ BTC.
SIGN UP ON COINBASE & GET 10 $
Click on “Get started” and add your Real First Name and Last Name as Coinbase will use it for KYC.Add Email and Password and Click on “Create Account”.
You will receive a confirmation Email.Open you email client and click on the link.Then you will be asked to add your Phone number for two-factor authentication (2FA).Make sure to turn this on as it will help you to keep your account secure against hackers.
After 2FA,You will be asked to verify your identity.The process is automatic and would not take more than 15 minutes to get approved if all the details are correct.
Step 2: Buy coins with fiat
After creating your account, You can buy Btc or Eth by paying through Credit/debit card or Bank Transfer.
Important Info
Bank Transfer has low fees but it takes more time to transfer while Credit/debit card fees would be higher but it will be instant.
Congrats you have purchased your first Cryptocurrency.
Step 3 : Transfer your Coins to HOTBIT exchange
As LAS is not listed on Coinbase.We will need to transfer it to Hotbit which is an exchange which allows us to trade crypto currencies and tokens.HotBit is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. Use the link below to register your new account.
Founded in 2018 and holding Estonian MTR licence, American MSB licence, an Australian AUSTRAC licence and a Canadian MSB licence，HotBit cryptocurrency exchange is known as a cryptocurrency trading platofrm that continues to develop and integrate various forms of businesses such as spot trading, financial derivatives, cryptocurrency investment and DAPP into one platform. Currently, Hotbit’s businesses covers more than 210 countries and areas. Based on its globalized and unified strategies, HotBit continues to focus on world’s emerging markets such as Russia, Turkey and southeastern Asia markets, and was ranked one of the top 3 most welcomed exchanges by Russian media in 2019.
After Signing Up, You need to setup two factor authentication so you account is secured from hacking attempts.
Step 4 : Deposit BTC to Hotbit Exchange
After creating account you will need to add the btc you have bought from Coinbase to Hotbit so You can trade it for the currency you want to Buy.
First you will need to click on Deposit on Hotbit Exchange and Select the Btc.There would be a Btc address it is same like Bank account this address can be used to deposit Btc in hotbit exchange.Copy the Btc address and login to coinbase again.
Now head back to Coinbase, go to Portfolio page and click on Bitcoin on your asset list, then click on ‘Send’ on the right.
Paste the exchange wallet address which you have copied to the “Recipient” Section.Always check that the address matches the exchange address.It is known that there are certain computer malware that would alter the content in your clipboard into another wallet address and you will be essentially sending funds to another person.
Click ‘Send’Btc to proceed, you should willl receive a email instantly, click on the confirmation link in the email and your coins are on the way to HotBit!
Now go to Hotbit Exchange and see if you have received the deposit.Don’t worry if you haven’t received it yet.Sometimes it takes few minutes for the confirmations of btc depending on the network traffic condition of the bitcoin network.
Step 5 : Trade BTC to LAS
Now go to “Exchange”.It would be overwhelming to see these graphs for the first time.Don’t worry I will guide you how to trade btc to Alaska Inu.
In the left column there is a search bar.Type “LAS” you will see LAS/BTC.Select that pair and you should see a price chart of LAS/BTC in the middle of the page.
In the bottom there would be a Green button “BUY LAS”.Go to that section and choose “Market” enter the amount of btc you want to trade to Alaska Inu (LAS) or select the percentage you want to trade.When you have confirmed everything, click “Buy LAS”. BOOM! You have finally bought LAS!
The most popular crypto exchanges are mentioned below.They have a huge user base and a lot of daily trading volumes.You can sign up on these exchanges and once LAS gets listed there.There would be huge trading opportunities for you on these exchanges.
Binance
Binance is a top cryptocurrency exchange which was started in China but then moved their headquarters to the crypto friendly Island of Malta in the EU. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Sign Up Now On Binance
Binance doesn’t allow US investors we recommend you to sign up to the below exchange if you are from USA
Kucoin
Kucoin’s main selling factor is the wide selection of trading pairs. You can find most of the new altcoins here. Kucoin also demonstrates an impressive trading volume. It is almost every day one of the top 10 exchanges with the highest trading volume.
Sign Up Now on Kucoin
The best thing is USA investors can sign up on kucoin.
Best hardware crypto wallets
If you want to keep your hodl your crypto for a long time then you would want to keep it secure in a hardware wallet.Although Crypto exchanges are safest way to secure crypto but there has been incidents of hacking and vulnerabilities on the exchanges.In this case it is best recommended to keep your crypto secure in a hardware wallet.
Hardware wallet are a better option of cold wallets. They are USB enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.
Below are the pros and cons of both the wallets
Pros
- Affordable Price
- Smaller and lighter than Nano Ledger X
- Allows for secure storage of crypto assets
- Can be used on desktops and laptops
Cons
- Only capable of managing up to 3 crypto assets at once
- No battery power
- No Bluetooth capability
Pros
- Bluetooth functionality with the Ledger Live Mobile app
- Ability to manage up to 100 coins at a time
- Larger display size
- Multiple languages available
Cons
- Larger and heavier than the Ledger Nano S
- More expensive at $119
CryptoTrader.Tax
Ever since the IRS rolled out its official cryptocurrency tax guidance and started cracking down on crypto investors, crypto tax calculators have become a tool in many traders’ arsenal. By simply connecting exchange accounts via API keys or through CSV imports, users can generate their necessary tax reports based on their historical data with the click of a button. These reports can be imported into TurboTax or sent to a tax professional.
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FAQS
Can I buy LAS with cash?
You cannot but Alaska Inu with cash.You can sign up on P2P exchange Paxful to buy bitcoin and then follow the steps mentioned above to buy coins with it.
Buy Bitcoin from local sellers
Paxful is a Peer to peer (P2P) Bitcoin exchange.It is a marketplace to buy and sell bitcoin.There are 300+ Payment methods available and you can go there to buy bitcoin if your desired payment method is not available on the exchange.But prices are higher on p2p exchanges and you have to be cautious while purchasing or selling there.
Is there any alternative platforms to buy LAS or Bitcoin with credit cards
You can buy from changelly to buy Bitcoin or other crypto currencies.It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.
Buy Now on Changeally
