I am an absolute beginner in investing in Bitcoin and alternative Coins, but I found an ICO that sounds interesting for me. It's about the Cultural Coin, I guess one of the first cryptocurrencies here in Austria:
https://www.culturalplaces.comThere are only 4 days left for Phase 1 of the ICO and I'm interested in participating. Do you have any advice and tips for me?
To participate in an ICO, you need cryptocurrencies, usually Ether or Bitcoin. You cannot participate in an ICO with fiat currency. If you dont own cryptocurrency, you will first need to buy some. The best way to purchase significant amounts of Bitcoin is through online exchanges. Transfer money from your bank account to your newly created account with a cryptocurrency exchange.Transfer your Coins from the Exchange to a Blockchain Wallet you Control. Then go to
https://www.culturalplaces.com or any other desired ICO offering sites and contribute.
just to add some weight without making your contribution irrelevant.
There are ICOs that allow or accept fiat too. I have invested in a few of those and you just pay direct from your bank in FIAT