Buying Algo using FIAT - CEXs guide

This tutorial will guide you through all the necessary steps for buying ALGO with fiat money using a centralized exchange (CEX) like Kucoin. 
The following guide is not advice or recommendation for buying, borrowing or selling your assets, please, before using Folks Finance make your searches and read the disclaimer.
This tutorial will guide you through all the necessary steps for buying Algo with FIAT money using a centralized exchange (CEX) like 
Step 1. Sign Up
Kucoin
1.Click on Sign Up
  2. Choose if sign up through your Phone number or Email and insert your data
Step 2. Individual KYC Verification 
Kucoin
To buy cryptocurrencies with FIAT you must complete the KYC verification. This video will guide you through the steps to complete it
Step 3. Buy cryptocurrencies 
Kucoin
Step 4. Once you have your USDT you can swap them for ALGO.
Step 5. Now you can withdraw your ALGO into your Algorand wallet. Haven't got one yet? Follow this guide. 
Step 6. Now you are ready to interact with Folks Finance,  let's start.
Last modified 8mo ago