Excuse me, could you please clarify the process of buying dollars on Shyft? I'm a bit new to the platform and I'm interested in understanding the steps I need to follow to successfully make a purchase. Specifically, I'd like to know if there are any prerequisites, such as verifying my identity or setting up a wallet, and if so, how do I go about doing that? Additionally, could you walk me through the actual buying process, from selecting the amount of dollars I want to purchase to finalizing the transaction? I appreciate your help and guidance in this matter.
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    Caterina
    Sun Sep 22 2024
   
  
    Cryptocurrency trading has become increasingly popular in recent years, with many individuals and institutions looking to invest in digital assets. Standard Bank SA has recognized this trend and has created a tutorial video on how to buy forex using their Shyft platform.
  
  
 
            
            
  
    
    GeishaCharming
    Sat Sep 21 2024
   
  
    The video begins by guiding viewers on how to access the Shyft platform and navigate to the forex trading section. It then prompts viewers to enter the amount of Tsar, a hypothetical cryptocurrency, that they wish to spend.
  
  
 
            
            
  
    
    ethan_harrison_chef
    Sat Sep 21 2024
   
  
    BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of both individual and institutional investors. These services include spot trading, which allows users to buy and sell cryptocurrencies at the current market price, and futures trading, which enables users to speculate on the future price of cryptocurrencies.
  
  
 
            
            
  
    
    Carlo
    Sat Sep 21 2024
   
  
    After entering the desired amount, viewers are instructed to select the option to get a live rate. This ensures that they are getting the most up-to-date exchange rate for their chosen cryptocurrency.
  
  
 
            
            
  
    
    GwanghwamunGuardian
    Sat Sep 21 2024
   
  
    Once the live rate is displayed, viewers must read and accept a declaration that outlines the terms and conditions of the transaction. This is an important step as it protects both the buyer and seller from any potential disputes.