💵Funding your wallet
The last step before using Kassandra's platform is to add funds to your wallet to create or invest in tokenized crypto portfolios
There are two ways that you can add funds to your wallet. By buying them directly through the wallet of your choosing or by transferring your funds to it from a crypto exchange. We'll explore them both. Once again, for demonstration purposes, we are going to use MetaMask as an example.
Buying directly through MetaMask
Step 1: Open MetaMask and click on "Add Funds"
Open your web browser and click on the MetaMask extension icon in the toolbar to open the MetaMask popup.
If your MetaMask wallet is locked, enter your password to unlock it.
MetaMask allows you to have multiple accounts within a wallet. Select the account to which you want to add funds by clicking on the account icon in the top right corner of the MetaMask popup.
In the MetaMask popup, select the "Buy" option.
Step 2: Choose a Deposit Method
On the Buy page, select your region.
After that, select your payment method.
MetaMask will then provide instructions and guide you through the process, connecting you to a partner exchange or a decentralized exchange (DEX) to facilitate the purchase.
Step 3: Complete the Transaction
Follow the prompts and instructions provided by MetaMask and the integrated service to complete the transaction.
This may involve specifying the amount of funds you want to add, selecting the cryptocurrency, and confirming the transaction details.
After completing the transaction, you'll need to wait for confirmations on the blockchain network.
The time it takes for confirmations depends on the cryptocurrency and network congestion. Be patient during this process.
Once the transaction is confirmed, go back to your MetaMask wallet.
You should see the newly added funds reflected in your account balance.
Transferring your funds from a crypto exchange
Step 1: Open MetaMask
Open your web browser and click on the MetaMask extension icon in the toolbar to open the MetaMask popup.
If your MetaMask wallet is locked, enter your password to unlock it.
MetaMask allows you to have multiple accounts within a wallet. Select the account to which you want to add funds by clicking on the account icon in the top right corner of the MetaMask popup.
Step 2: Copy Your Wallet Address
Your wallet address will be shown on the screen. Click on the "Copy" button next to the address to copy it to your clipboard.
Step 4: Go to Your Funding Source
Open a new tab in your web browser and navigate to your funding sources, such as a cryptocurrency exchange or another wallet.
Find the option to initiate a withdrawal or send a transaction from your funding source.
Paste your MetaMask wallet address (copied in Step 2) into the recipient/address field of your funding source.
Enter the amount of cryptocurrency you want to transfer to your MetaMask wallet.
Ensure that you specify the correct cryptocurrency and double-check the amount before proceeding.
Review the transaction details on your funding source and confirm that everything is accurate.
Initiate the withdrawal or send the transaction according to the instructions provided by your funding source.
After initiating the transaction, you'll need to wait for confirmations on the blockchain network.
The time it takes for confirmations depends on the cryptocurrency and network congestion. Be patient during this process.
Once the transaction is confirmed, go back to your MetaMask wallet.
You should see the newly added funds reflected in your account balance.
Congratulations! You have successfully added funds to your MetaMask hot wallet. Remember to keep your wallet and seed phrase secure, and always double-check the wallet address before initiating any transactions.
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