Today, we’re going to outline how to buy TCAD (TrueCAD) tokens and transfer them to Celsius in the cheapest and most efficient manner.
We are going to utilize Crypto.com to purchase the TCAD tokens as it is currently the best method to purchase and transfer TCAD tokens.
- Create an account at Crypto.com using our referral link:
- Use our referral link at Crypto.com to receive a $25 USD bonus:
https://crypto.com/app/xyf6seysh4
- Use our referral link at Crypto.com to receive a $25 USD bonus:
- Once your Crypto.com account is created, open the app and go to Accounts > Fiat Wallet.
- On the “Fiat Wallet” screen, select the “Set Up New Currency” button.
- On the “Set Up New Currency” screen, select “Canadian Dollar”.
- The Crypto.com app will take you through the necessary steps to verify your account to allow you to hold Canadian dollars within the app. Crypto.com may ask for your residential address, source of funds, occupation, and proof of residence.
- Once you have submitted the necessary documentation to hold Canadian dollars within the app, Crypto.com may take up to a week to verify your documentation.
- Once your documentation is verified, Crypto.com will send you an in-app notification and an email.
- At this point, you can send Canadian dollars to the Crypto.com app using e-Transfer. To utilize e-Transfer, your Canadian bank must be listed on the following page, under the heading “Banks that support Autodeposit): https://help.crypto.com/en/articles/4531462-fiat-wallet-cad-bank-transfers
- To start the process, open up the Crypto.com app and go to
Accounts > Fiat Wallet. - On the “Fiat Wallet” screen, select the “Transfer” button.
- On the “Transfer Fiat” screen, select “Deposit”.
- On the “Deposit Fiat” screen, select “Canadian Dollar”.
- The Crypto.com app will provide you with the following pieces of information:
- Payment Email (Most likely etransfer@crypto.com)
- Identification Number
- Copy the “Payment Email” and “Identification Number”.
- Go to your Canadian bank’s online website and start the process to initiate an e-Transfer.
- When you are prompted to enter an email, enter the “Payment Email” that was listed in Step 13.
- When you are prompted to enter an amount, ensure that you transfer over $100 CAD, as that is the minimum amount that you can transfer to Crypto.com. Keep in mind the maximum amount to transfer for an e-Transfer is $3,000 CAD.
- When you are prompted to enter a message, enter the “Identification Number” that was listed in Step 13.
- Confirm that all of the details that you entered are correct, otherwise there may be problems that could take up to 30 business days to correct.
- Once you have confirmed the details, send the e-Transfer.
- Crypto.com may take up to 1 business day to accept the e-Transfer and deposit it into your Crypto.com account. The average amount of time for Crypto.com to deposit the money into our account has been around 1 hour.
- Once Crypto.com has added the Canadian dollars into your account, you can now purchase TCAD tokens.
- To purchase TCAD tokens, open the Crypto.com app and select the “Trade” button.
- On the “Trade” screen, select the “Buy” button.
- On the “Buy Cryptocurrency” screen, select TCAD (TrueCAD).
- On the “Buy TCAD” screen, select the “Fiat Wallet” tab.
- Enter the amount of TCAD that you would like to buy. Keep in mind $1 CAD = 1 TCAD.
- Once you have entered in the amount of TCAD you would like to buy, select the “Buy TCAD” button at the bottom of the screen.
- Once you hit the “Buy TCAD” button, you will be prompt to confirm the transaction.
- Confirm all of the information for the transaction and once you have completed that, select the “Confirm” button.
- You may be prompted to enter your credentials or confirm your identify with biometrics (Face ID, Touch ID, etc.)
- Once you have completed that, the Crypto.com app will confirm your TCAD purchase. Tap anywhere to continue.
- At this point, you can verify the TCAD tokens are now in your account.
- To verify your TCAD amount, go to “Accounts” > “Crypto Wallet”.
- Under “Crypto Wallet”, you should see your TCAD that you purchased.
- Now it is time to transfer your TCAD from Crypto.com to the Celsius Network.
- The first step is to obtain your TCAD wallet address in the Celsius app.
- If you do not have a Celsius account, you will have to create one. To create a Celsius account, use our referral link at earn $30 in DAI: https://celsiusnetwork.app.link/182218ac1c
- Open the Celsius app. On the home screen of the app, click “Transfer coins”.
- If you are prompted at this point, select “I Understand”.
- Once on the “Transfer coins” screen, select the “TrueCAD (TCAD)” token.
- Select the “I Understand” button to confirm that you will only transfer TrueCAD ERC-20 tokens.
- Select the “Copy” button to copy your True (TCAD) wallet address. Confirm that “TrueCAD (TCAD)” is displayed above the wallet address.
- Once you have copied your TrueCAD (TCAD) address, go back into the Crypto.com app.
- In the Crypto.com app, go to “Accounts”.
- On the “Accounts” screen, select “Crypto Wallet” and you TCAD should be displayed.
- At this point, select “TCAD”. Your TCAD balance should be displayed.
- On the “TCAD Balance” screen, select the “Transfer” button.
- On the “Transfer TCAD” screen, select the “Withdraw” button.
- On the “Withdraw TCAD” screen, select the “External Wallet” button.
- At this point, you must add your Celsius TCAD wallet address, so click “Add Wallet Address”.
- On the “Wallet Address Details” screen, paste your Celsius TCAD wallet address into the “TCAD Wallet Address” field. Enter “Celsius TCAD” as into the “Wallet Name” field.
- Confirm your wallet address details are correct, then select the “Continue” button.
- The Crypto.com app will now want you to verify the wallet address via email.
- Open your email app and select the email that Crypto.com sent you to verify the wallet address. Select the “Confirm Withdrawal Address” button within the email.
- Once you click the button above, you will be directed back to the Crypto.com app, where you should see the message “New Wallet Address added to withdrawal white list”.
- At this point, select the “Withdraw” text to the right of your “Celsius TCAD” wallet address.
- On the “Withdraw TCAD” screen, enter in the amount of TCAD you would like to transfer to your Celsius TCAD wallet address.
- Once you have confirmed the amount, select the “Withdraw” button.
- A confirmation screen will be displayed. Confirm all of the details of the withdrawal transaction, then select the “Confirm” button.
- You may be prompted to enter your credentials or confirm your identify with biometrics (Face ID, Touch ID, etc.)
- A “Withdraw Request Done” message will be displayed on the Crypto.com app.
- Crypto.com may take some time to process the withdrawal, but they will send you an email once it is complete.
- After it has been completed, you will have to wait for the TCAD to be deposited into your Celsius account.
- Celsius will send you an in-app notification and email when the TCAD has been deposited into your Celsius TCAD wallet.
- That is it! You should now have TCAD in your Celsius wallet!
Fees
- e-Transfer Fee: Most banks have free e-Transfers, if your bank does not, you will have to determine how much your bank charges to send an e-Transfer. We recommend Tangerine to send e-Transfers. If you would like to open an account, feel free to use our Orange Key 43407726S1 at http://tangerine.ca/referafriend to open an account.
- Transfer Fee: The transfer fee for transferring TCAD from Crypto.com to the Celsius Network is 4 TCAD as of March 20, 2021.
65 steps? lol. rekt.
The cost to withdraw / transfer TCAD out of Crypto.com has increased to $20 now. Noticed specific fees (exchange trading and withdrawals) that I’ve checked specifically for Crypto.com have increased a lot in the past year.
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