MicroPets is a Binance Smart Chain token that makes use of the current meme and NFT craze. We’ve packaged everyone’s favorite memes into adorable dogs that you can trade or stake.
Over 30 Defi and marketing experts make up the MicroPets team. The goal is to assist our community and investors by providing a fun and engaging environment while also promoting our business. PETS is currently trading at $0.00 and is number 847 on Coinmarketcap, with a recent spike of 68.08 percent as of writing.
PETS has been listed on several cryptocurrency exchanges, however, unlike other major cryptocurrencies, it cannot be purchased using fiat currency. However, you may still buy this coin by first purchasing USDT on any fiat-to-crypto exchange and then transferring to an exchange that trades PETS. In this post, we will walk you through the methods to purchase PETS in detail.
How and Where To Buy MicroPets via Coinbase
Register on Fiat-To-Crypto
To get started, you’ll need to purchase one of the major cryptocurrencies, in this case, USDT (USDT). This article will go in-depth into two of the most popular fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and features, which we’ll go over in-depth later. It is suggested that you try both of them and choose which one best suits your needs.
Coinbase is also one of the most popular fiat-accepting crypto exchanges. After purchasing $100 worth of cryptos, use the link below to register at Coinbase and earn a free $10 worth of BTC.
Buy USDT With Fiat Money
Once you’ve completed the KYC procedure, you’ll be prompted to provide a payment method. You have the option of using a credit/debit card or a bank transfer here. When you use a credit card, you will pay a greater cost, but you will be able to make a transaction right away. While a bank transfer is less expensive but takes longer, some countries provide low-cost, quick cash deposits depending on your place of residence.
Now that you’re ready go to the top left and click the ‘Trade’ button, select USDT, and confirm your transaction…and congrats! You’ve just completed your first cryptocurrency transaction.
Transfer USDT to Altcoin Exchange
But we’re not finished yet; because PETS is an altcoin, we’ll need to move our USDT to an exchange where PETS can be exchanged; in this case, we’ll utilize HotBit. HotBit is a popular alternative currency exchange with a considerable number of tradable cryptocurrency pairs. To create a new account, click the link below.
HotBit cryptocurrency exchange, which was founded in 2018 and held Estonian MTR, American MSB, Australian AUSTRAC, and Canadian MSB licenses, is a cryptocurrency trading platform that continues to develop and integrate various forms of businesses such as spot trading, financial derivatives, cryptocurrency investment, and DAPP into one platform.
Hotbit is currently accepting US investors. Hotbit’s operations now span more than 210 nations and regions. HotBit continued to focus on expanding areas throughout the world, including Russia, Turkey, and Southeast Asia, as part of its globalized and united strategies and was named one of the top three most welcomed exchanges by Russian media in 2019.
After going through a similar process to what we did with Coinbase, you’ll be prompted to set up 2FA authentication. Do so since it adds an extra layer of security to your account.
Deposit USDT To Exchange
Depending on the exchange’s requirements, you may be asked to go through another KYC process, which might take anywhere from 30 minutes to a few days. The procedure, however, should be straightforward and simple to follow. After that, you should have complete access to your exchange wallet.
If this is your first time making a cryptocurrency deposit, the screen may appear intimidating. But don’t worry, it’s essentially the same as a bank transfer. You’ll notice a string of random numbers labeled ‘USDT address’ in the box on the right.
This is a unique public address for your USDT wallet at HotBit, and you can receive USDT by presenting this address to the person sending you the funds. Because we’ll be transferring USDT from Coinbase to this wallet, click ‘Copy Address’ or right-click on the whole address and select copy to copy the address to your clipboard.
Return to Coinbase and go to the Portfolio page, where you can select USDT from your asset list, then click ‘Send’ on the right.
Paste the wallet address from your clipboard into the Recipient field; you should always double-check that the two addresses are identical for security reasons. It is well known that certain computer malware can change the content in your clipboard into another wallet address, causing you to transmit money to someone else.
To continue, click ‘Send.’ You should immediately receive a confirmation email; click the confirmation link in the email, and your coins will be on their way to HotBit!
Return to HotBit and go to your exchange wallets; if you don’t see your deposit here, don’t panic. It’s probably still being authenticated in the blockchain network, so your coins should come in a few minutes. During busy times, it may take much longer depending on the USDT network’s traffic conditions.
Once your USDT has arrived, you should receive a confirmation email from HotBit. And now you’re ready to get your hands on some PETS!
Trade PETS
Return to HotBit and select ‘Exchange.’ Boom! What a sight! The continually flickering figures may appear frightening at first, but relax; we’ll figure it out.
There’s a search bar in the right column; make sure “USDT” is chosen because we’re exchanging USDT for altcoins. When you click on it and enter in “PETS,” you should see PETS/USDT appear. Select that pair, and a price chart for PETS/USDT should appear in the middle of the page.
Below is a box with a green button that says “Buy PETS.” Inside the box, select the “Market” tab because that is the most straightforward sort of purchase order. By clicking on the % buttons, you can either enter in your amount or choose what fraction of your deposit you want to spend on purchase. After you’ve double-checked everything, click “Buy PETS.” Voila! You’ve finally purchased PETS!
