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How to add money to a Crypto Wallet?

by Jagdish Kumar
May 19, 2022
in Exchange, Global, Market Updates, Wallet
Reading Time: 5 mins read
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Once you have decided to enter the crypto space, first you need to open a crypto wallet account that can be connected to any crypto exchange.

Klever Wallet is one of the best wallets that can guide you through your journey to crypto. Entering the crypto sector at the nascent stage is a challenge that only a person with vision can take such a step.  

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Even though crypto has been around for over 13 years, it is still taking baby steps, but it has definitely disrupted the global banking & finance sector apart from other sectors. 

Now, let’s come back to how to add money to a crypto wallet.

As there is no global legislation regulating crypto today, crypto cannot be purchased directly through banks, the purchase needs to be done through crypto exchanges that have woven tailor-made solutions for crypto users. 

For most exchanges, the procedure for buying tokens is standard. You send some fiat money to an account and then you trade it for the coins you desire. It is not a crypto purchase per se; rather, it is a trading procedure where you will have to consider current buy/sell prices and make a quick and hopefully informed decision. 

There are surely pros and cons with that approach, but one thing is for certain: if you followed through with this operation, and your transaction is fulfilled,  you will get your new tokens in the end.

Or you might want to take a shortcut and buy tokens inside the wallet. 

By using Klever Wallet everyone can buy crypto using the Simplex payment gateway. Klever is also working to add four more payment gateways that include Moonpay, Banxa, Mercuryo, and Transak.


How to easily buy crypto

The Buy Crypto feature is offered by Klever Wallet, which allows you to purchase coins by using your debit/credit or via bank transfers. 

Our support team has created an instructive tutorial on how to buy crypto in a very seamless way using Simplex. You can check it out below, but we will still give you some guidelines. 

BUY CRYPTO WITH BANK CARD IN KLEVER APP

First of all, you need to find the “Buy crypto with credit card” banner, which is visible on the Klever Wallet home screen, right below your total balance.

That will lead you to a screen where you can choose the tokens you want to buy. You can currently choose between some big-league coins, namely Bitcoin, Ether, TRX, BNB, XRP, DGB, DOGE,KLV, AVA, USDT,USDC, CEL, KSM, MATIC, BCH and DOT.

The next step is to set the amount of the coin you want to purchase in fiat money. USD is the default currency, but many other national currencies are available. You can check them on the plus sign right next to the default currencies.

Select the account where you want to receive the coin you are buying:

After that, you proceed to Checkout and you will be redirected to Simplex’s page. There you might select the desired payment method, add card details, complete the payment and wait for confirmation. When the transaction is completed, you can head back to your portfolio and you will see your new balance together with the newly acquired cryptocurrency.

You might find some other useful tips on how to buy crypto in Klever wallet here.


What else Klever Wallet offers

The Klever Wallet today supports over 20 blockchains that include Bitcoin (BTC), Tron (TRX), Ethereum (ETH), Binance Chain Tokenization Standard (BNB BEP-2), Binance Smartchain Wallet (BNB BEP-20), Ripple (XRP), Moonbeam (GMLR), Moonriver (MOVR), Internet Computer (ICP), Huobi (HT), Reef (REEF), Polygon (MATIC), Kusama (KSM), Polkadot (DOT), Bitcoin Cash (BCH), Digibyte (DGB), Dogecoin (DOGE), Dash (DASH), Litecoin (LTC) and Syscoin (SYS).

On Klever, you can swap for over 900 tokens and hold over 10,000 tokens in our wallet. It is currently serving more than 3.5 million users worldwide with over 150,000 daily active users on Klever App, Klever Swap, and Klever Exchange.

Klever not only offers wallet services, but it also comes with an NFT marketplace, Hardware Wallet, Swap and very soon it will have its own chain KleverChain. 

Adding money to your crypto wallet is a simple process, but for a first-time user, it is a daunting task. However, as we always say here at Klever: Crypto is difficult, but it shouldn’t be.

Learning the process of adding money to our crypto wallet on your own is a Klever idea!

Tags: crypto walletwallets for crypto
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Jagdish Kumar

Jagdish Kumar

Reporting & writing on crypto & blockchain for the past few years. A content eagle, journalist & writer with a passion to explore new technologies that can change human lives. Joined Klever to make Crypto simple. Follow me on Twitter @TokenBharat or email me at jagdish@klever.io

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