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- --------------------| A Step-by-Step Guild on How to Purchase (and stake) Ark! |--------------------
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- Part A) The acquisition of Bitcoin:
- 1. Sign Up for a 'Coinbase' account using this affiliate link, or another: http://www.coinbase.com/join/58d1f948c421012ae94c903d
- 2. Navigate to the 'Buy/Sell' page, Enter the amount of Btc you would like to purchase.
- 3. Navigate to the 'Dashboard', You should now see your Bitcoin in your Coinbase account.
- Part B) Sending Bitcoin to an Exchange:
- 1. Sign Up for a 'Bittrex' account: https://bittrex.com/account/Register
- 2. Navigate to the 'Wallets' page, select the Deposit symbol '+' on the same row as 'BTC'.
- 3. Copy the 'Deposit Address'.
- 4. Navigate to the 'Send/Request' page on Coinbase, Paste your Bittrex'Deposit Address' in the Recipient field.
- Note: It is recommended to send a small amount from your Coinbase balance to the exchange as a test before sending a larger sum.
- 5. Enter the amount of Btc you would like to send, then click send (no note is required).
- 6. Navigate to the 'Wallets' page on Bittrex, your Btc should arrive shortly.
- Note: It can take as long as 30mins for the transfer to complete.
- Part C) Buying Ark from an Exchange:
- 1. Navigate to the 'Crypto Market' icon in the header, search 'Ark'.
- 2. Enter the amount of Ark you would like to purchase, and for what price (Btc) per unit.
- 3. Click 'Buy' to confirm your bid, assuming your bid is reasonable, it should go through in moments.
- 4. Navigate to the Wallets page, your Ark should appear here shortly if your purchase was successful.
- Part D) Creating/Configuring your Ark Wallet.
- 1. Download your wallet here: https://github.com/ArkEcosystem/ark-desktop/releases
- 2. Run the program, create a new address (DO NOT LOSE YOUR PASSPHRASE, and for god sake store it safely; it is nearly impossible to recover and your funds will be locked out if you do).
- 3. Copy your wallet address by clicking on it, navigate to the Bittrex wallets page.
- 4. Click the '-' symbol and enter your wallet's address in the withdrawal field.
- 5. A withdrawal confirmation email would have been sent, you need to click the confirm link to process the transaction.
- 6. Your Ark should arrive in your wallet seconds.
- Part E) Voting for a Delegate (Staking):
- - Navigate to this link: https://explorer.ark.io/delegateMonitor
- - Here you can view the top 51 Delegates actively staking rewards, once you cast a vote, you will automatically start receiving staking rewards. Here's how to do that.
- 1. Select a top providing delegate with a good payout ratio >80%; copy the delegates name e.g. 'doom'
- 3. Open your Wallet, click on your address, and navigate to the Vote tab. Paste in your delegates name; to cast your vote you must send 1 Ark to their address through the voting page.
- 4. Confirm your vote by attempting to cast a second vote to the same delegate, it should read: 'No difference from original delegate list'
- Congratulations!
- Your Wallet is now set up and you are automatically receiving staking rewards!
- Note: You do not need to have your wallet open or computer on receive rewards.
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