This article will walk you through 6 steps:
- Setting up your KuCoin account.
- Buying USDT (Tether) using your Credit Card / Apple Pay / Wire Transfer.
- Trading your USDT (Tether) for NDAU.
- Withdrawing NDAU from your KuCoin account into your ndau wallet app.
- Locking your ndau in your ndau wallet app.
- Notifying the ndau Affiliate program that you have purchased + withdrawn + locked your ndau and providing a Promo Code so you can earn Promo Code Rewards.
Step 1: Setting up your Kucoin account
Sign up for a new account on KuCoin by following this Referral Link.
Be sure the Referral Code field contains this code: r3BPV79
Step 2: Buying USDT (Tether) using your Credit Card / Apple Pay / Wire Transfer
On the Overview page, click the Buy Crypto button. This will take you the Third-Party page where you can buy USDT (Tether). You have to first buy USDT and then trade your USDT for NDAU. This is because NDAU’s trading pair on Kucoin is USDT/NDAU. Select how much you wish to Spend, the Payment Method you wish to use, and select USDT as the token you wish to buy. Click the Confirm button when you’re ready to proceed.
KuCoin will now walk you through the process of verifying your identity and collecting your information in order to process your purchase of USDT. Once this process is complete, your purchased USDT will automatically appear in your Main account on KuCoin.
Step 3: Trading your USDT (Tether) for NDAU
Go to the Main account page and you will see your purchased USDT in your account. In order to trade USDT for NDAU, you will need to transfer your USDT from your Main account to your Trading account. On the line showing your USDT balance on your Main account page, click on Transfer. In the Transfer popup window, select that you wish to transfer from your Main account to your Trading account. Enter the amount of USDT you wish to transfer (use all of your available amount) and click the Confirm button.
Go to your Trading account page and you will see that it now contains your USDT.
Go to the Markets page and enter NDAU in the search field. You will see NDAU appear in the Market Listings. Click on Trade.
The next screen is the NDAU/USDT trading chart page. It looks very complicated, but don’t worry! You only need to pay attention to the small section in the lower right. If you have not already set your trading password on your KuCoin account, you will see a message “Please set trading password.” You can’t do any trading until you’ve set your trading password, so click on set trading password and follow KuCoin’s instructions.
Once you’ve set your trading password, you’ll be able to trade your USDT for NDAU. You want to do a “Best Market Price” trade, so be sure you’ve selected the options Spot and Market. Enter the amount of USDT you want to trade and then click the Buy NDAU button.
You will hear a “ka-ching” sound and a small alert will pop up in the upper left of the screen indicating that you have successfully traded your USDT for NDAU. You will also see your purchased NDAU appear in the Available balance in the lower right of the screen.
Congratulations! You have successfully purchased NDAU! Click on Assets and select Trading Account to jump back to your Trading account screen.
Now you can see your purchased NDAU sitting in your Trading account.
Step 4: Withdrawing NDAU from your KuCoin account into your ndau wallet app
First, you’ll need to download the ndau wallet app. Click on one of these buttons to download either the Android or iOS version:
Launch the ndau wallet app on your phone or tablet, and then follow the setup instructions in the app for saving your recovery phrase and creating a password for your ndau wallet app. If anything ever happens to your phone or tablet, you will always be able to recover your ndau by using your recovery phrase. So be sure to save your recovery phrase in a safe location! You should use a new and empty account to receive your NDAU from your KuCoin Account. In the future, you can always create additional new and empty accounts at any time by clicking on the “Add Account” button. You can see that a new and empty account has been created for you automatically. Click on the Copy button to copy this new and empty account’s address to your clipboard. You will be using this address as the destination when you withdraw your NDAU from KuCoin.
To get your NDAU off KuCoin and into your ndau wallet app, you first need to transfer your purchased NDAU from your Trading account to your Main account so you can then withdraw it. On your Trading account page on KuCoin, find the row listing your NDAU holdings and click on Transfer.
In the Transfer popup window, select that you wish to transfer from your Trading account to your Main account. Enter the amount of NDAU you wish to transfer (use all of your available amount) and click the Confirm button.
On your Main account page on KuCoin, go to your NDAU holdings and click on Withdraw.
On the Withdraw screen, enter your ndau wallet app’s new and empty account address (the one you copied to your clipboard earlier) as the destination for the NDAU you are withdrawing from KuCoin. Select NDAU as the Network and select the Amount of NDAU you are withdrawing. Click the Withdraw button when you are ready to proceed.
KuCoin will probably ask you to verify your identity using two-factor authentication and an email verification code. This is an important security precaution to make sure your account is safe and that nobody but you can withdraw assets from your account. Just follow KuCoin’s instructions to verify your identity and proceed. Once you are verified, your withdrawal will be processed and you will see your withdrawal under “Recent Withdrawals.” It will initially show a Status of “In Progress,” but that should only last a few minutes until KuCoin completes the transfer. When everything is finished, the Status will display as “Completed.”
Look at your ndau wallet app and you will see that your previously empty account now contains the NDAU that you just withdrew from KuCoin.
Congratulations! You’ve successfully withdrawn your NDAU from KuCoin and now have it safely in your own self-sovereign ndau wallet app!
Step 5: Locking your ndau in your ndau wallet app
Now that you have your NDAU in an account in your ndau wallet app, you can lock it so you can earn EAI staking rewards (yields). Open your ndau wallet app and click on “View account details.” On the next screen, click on the Lock button.
On the next screen, choose the amount of time you wish to Lock your account. REMEMBER: With the ndau Affiliate program, you will only earn Promo Code Rewards if you lock your ndau for 3 months, 6 months, 1 year, 2 years or 3 years. In this example, we’ll lock the NDAU for 3 years. Click the Continue button to proceed.
Choose the default to compound your EAI to this account and click the Continue button to proceed.
Enter the word “Lock” to confirm and then click the Continue button to proceed.
You will now see a small locked padlock icon and a timer icon next to your account. This tells you that your account is locked and the countdown timer has started so that your account will automatically unlock after the lock period ends. Click “View account details” to see more information about your locked account.
On the Account Details screen you can now see more information about your locked account, including the exact date when it will automatically unlock and what your yield is on the account.
Step 6: Notifying the ndau Affiliate program that you have purchased + withdrawn + locked your ndau and providing a Promo Code so you can earn Promo Code Rewards
Now you’re ready to notify the ndau Affiliate program that you have successfully purchased ndau on KuCoin, withdrawn it to your ndau wallet app, and locked it so you can receive your Promo Code Rewards. Simply fill out the Promo Code Rewards Redemption Form. A Customer Service Representative from Oneiro will then email you within a couple days to confirm your submitted information and make sure you receive your Promo Code Rewards. Congratulations! You’re all done! Thank you for participating in the ndau Affiliate program! 🙂