A Very Cost Effective Way to buy ARK with USD

Let’s Get Started

  1. Create a Coinbase account if you don’t already have one.
  2. Connect your bank account to avoid credit card transaction fees.
    If you don’t want to wait, you can immediately buy funds with a credit or debit card (Visa/Mastercard).
  3. Create a Binance account if you don’t already have one. This is where we will end up acquiring ARK.
  4. Login to GDAX with your Coinbase account. GDAX is simply Coinbase’s exchange. The reason we are using GDAX is that it is free to transfer funds out of, whereas in Coinbase, there incurs a fee. It is also free to transfer funds from Coinbase into GDAX, so don’t worry there.
  5. Confirm your identity on GDAX with something as simple as a picture of the front and back of your license. The process can also be completed on Coinbase here. It took about 24 hours for my identity to be verified. Once again, if this is too long, please refer to my other guide for the quickest method. That guide is written for XRP, but the steps are the same.
    If you get rejected instantly a few times, try using the mobile app. That helped for me.
  6. If GDAX identity confirmation is taking some time, go ahead and transfer funds from your bank to buy Ethereum (ETH) so we’ll be ready to go once you are confirmed. Purchase the USD amount you want to invest into ARK, we are only using Ethereum to exchange for ARK.
Purchasing ETH on Coinbase

Once Everything Has Been Set Up…

We’re good to go. The flow of funds looks like this:

  1. Go to this page on GDAX to deposit your ETH from Coinbase.
Depositing ETH from Coinbase into GDAX
Selecting ETH as the source
Finding the ETH Deposit Address
Withdraw ETH from GDAX
Buying ARK with ETH!

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