In this guide you’ll get information about where to buy Life Crypto, if you are planning to buy LIFE token – You’re in the right place!
The past few years see a rise in crypto transactions, and many users are aiming to have a similar experience with real-life banking. The demand for an easier transfer while still being decentralized enhances security.
Life Crypto is a project with the vision to take users to the next level of crypto transactions. It offers fast and seamless transactions in real-time. It also has various features that users who buy Life Crypto (LIFE) tokens can benefit from. Some of those features are scheduled payments and swift transactions using only usernames. Token holders can receive up to 39% APR from staking their tokens. The project also holds partnerships with several brands to have users earn more LIFE tokens.
- Official Site: https://www.lifecrypto.life/
- Twitter: https://twitter.com/LIFElabsHQ
- Telegram: https://t.me/LIFE10101
- Whitepaper: https://www.lifecrypto.life/wp-content/uploads/2022/01/LIFE-Whitepaper-3.0.pdf
Table of Contents
Life Crypto (LIFE) Features
- Send crypto through usernames: Life Crypto aims to help users in doing transactions. Therefore, each Life Crypto user can choose a unique username that they can use to send and receive their assets only by sharing their username. They don’t have to memorize any long addresses without compromising their security. The project aims to introduce a Face ID authentication instead of the traditional password.
- Transaction in milliseconds: One of the features that Life Crypto has is the ability to process a transaction between users within milliseconds. Users don’t have to wait for hours or even days for their transactions to complete.
- Scheduled payments: Users can use Life Crypto to set up payments before it’s due. This feature is one of the attempts that the project has to bring more users to use $LIFE as the new money. Life Wallet has multi-chain support that makes it essential for the users. They can receive and send various tokens to their Life Wallet. Users also can order food, do shopping, and even pay their bills from their wallets.
- Up to 39% APR: The project puts up to 30% of the total token allocations for the staking and reserve. They offer a competitive single-asset staking platform with flexible earnings. Life Crypto promises an APR of up to 39% for token holders. They only need to stake their tokens for 12 months.
Where to Buy, Sell and Trade Life Crypto aka LIFE
You can basically use debit card, credit card, or even PayPal to buy the Life Crypto (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the Life Crypto as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy Tether first. After you get the ETH or BTC or USDT, you can convert it to Life Crypto. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum (ETH), Bitcoin (BTC), or Tether (USDT)
- Find a crypto exchange that supports Life Crypto currency and exchange your Ethereum / Bitcoin / Tether with the Life Crypto
- Store your Life Crypto to a secured wallet
Step 1: Buy Bitcoin (BTC) or Ethereum (ETH) or Tether (USDT)
There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options.
The site will ask for some basic information about yourself, make sure to tell the truth. Otherwise, you could face withholding of your investment. Make sure to type your name, your e-mail, and your password correctly. The stronger your password is, the safest your money will be. You will be asked to check your status as a living being using a re-captcha box and to agree to the terms of use of the platform.
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- You will be asked to through the process of confirming your e-mail address as well as verifying your identity. It would be best if you went through that procedure at once to avoid any issues before putting money on the platform. Coinbase will ask for personal information such as your home phone number, your address, and proof of your identity using an official document such as a passport or a driver’s license.
- Keep in mind that Coinbase takes some time to verify your ID, but once your account is verified, things can move forward on your end. By confirming your identity, you will have better security on your account, and the people working at Coinbase will be able to help you with easy on any issue you face. You will also be able to trade larger numbers of money on your transactions as well as other perks related to the trading information the goes inside the platform.
- You can also manage your payment options. As we mentioned previously, the sites make it very easy to handle FIAT money to pay for the altcoins you want to have in your portfolio. You can check in your bank account to make direct deposits or withdrawals. While this method is excellent, it takes at least two days to verify it on Coinbase’s end. You can also register your credit cards, debit cards, and even your PayPal account in the buy/sell link located on the top menu.
That’s the first step in buying Life Crypto, once you get your Bitcoin or Ethereum or Tether, you can continue to the next step.
Step 2: Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH or USDT from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH or USDT with Life Crypto:
- Deposit Methods: Cryptocurrency Only
- Fiat Currencies: N/A
- Supported Cryptocurrencies: BCH, EOS, TRX, ONT, ETH, BTC, BTM, AE, OCN, ADA, IHT, XRP, ETC, NAS, LTC, & over 1040+ more
- Trading Pairs: 1801+
IMPORTANT! Once you are registered to the crypto exchange above, Go back to COINBASE and send your Bitcoin/Ethereum/Tether to your new exchange. Find the LIFE/BTC or LIFE/ETH or LIFE/USDT trading pair and then place the order to buy those pairing cryptocurrencies.
Most likely you’ll find this pair available to you LIFE/USDT – so you need to convert your BTC or ETH to USDT first in order to buy Life Crypto (LIFE)
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your Life Crypto (LIFE) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Secure
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy Life Crypto (LIFE) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the Life Crypto. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy Life Crypto (LIFE) with Cash?
You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.
Can I Buy Life Crypto (LIFE) with Skrill?
You can’t buy LIFE directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to Life Crypto. You can buy BTC/ETH with skrill by using these exchanges::
- LocalBitcoins
- Paxful
- Virwox
- SpectroCoin
- Lykke
- Exmo
- Coingate
Can I Buy Life Crypto (LIFE) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair LIFE/BTC and begin the transactions.
Can I Buy Life Crypto (LIFE) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support LIFE/ETH trading pair.
What Is the Best Payment Method to Buy Life Crypto (LIFE)?
The cheapest way is to use bank account to buy Bitcoin or Ethereum or Tether first or to buy the Life Crypto right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect Life Crypto (LIFE)?
Once you have purchased the Life Crypto, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell Life Crypto (LIFE)?
Find a crypto exchange which allow pairing LIFE with BTC or ETH or USDT – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine Life Crypto (LIFE) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a Life Crypto is to buy it from a reliable exchange.
Conclusion
For users who want to have crypto transactions similar to their real-life banking, they must buy Life Crypto (LIFE) tokens. They can take benefit from the features such as swift transactions under one second, up to setting up a scheduled payment. The project allows the token holders to earn up to 39% APR from staking. Their partnership with Shopping.io and Indabank helps users on earning $LIFE tokens. The project’s main vision is to deliver a real-life banking experience for the users.