How to buy crypto in the Sylo Smart Wallet

A step-by-step video tutorial explaining how to buy cryptocurrency inside your Sylo Smart Wallet app. We chose Bitcoin for the purpose of this video.

From the 'wallet' section, tap on the Bitcoin blockchain. You'll now find a 'Buy' button - tap this button to select.

The app will now take you to a third-party company, MoonPay, which facilitates purchasing crypto in the Sylo Smart Wallet. This means you can buy digital assets with Visa, Mastercard, Apple Pay, Google Pay, or even a bank transfer.

Next, follow these steps:

1. Enter the amount of crypto you'd like to buy.
2. Enter your email address.
3. A verification code will be sent to your email, enter this code now and accept MoonPay's Terms of Use and Privacy Policy.
4. Enter your basic details - Name, Surname, and Date of Birth. Lastly, provide your physical address.
5. Now add your credit or debit card.
6. The summary will be shown, where you can find information about your transaction, including the network fee and processing fee. To proceed, you must agree with MoonPay's Terms of Use.
7. The cryptocurrency transaction begins now. The steps of your transaction are: Ordered - Transaction Verified, Processing Transaction, and finally, Delivering Your Crypto.

That's it. Now you can go back to your wallet and wait until the transaction has been processed. To see the details, on the asset you've just purchased, just tap on it.

Please note that you don't need to go through a KYC process for purchases up to $60 USD.

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Sylo is more than just an app! It’s also a protocol, which allows users to communicate with innovative blockchain-powered businesses, all using the Sylo network. Within the Sylo ecosystem you’ll be able to connect with all the services you need for smooth, daily living experiences. Then by using our end-to-end encrypted, fully-decentralised app, you’ll have the means to chat freely, send text, voice and video messages, make calls, store your files on the blockchain, exchange your cryptocurrency and make payments using our universal ERC20-compatible token wallet, and more.

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