How to buy SAND coins on Infinito wallet

To buy SAND coins on Infinito Wallet, set up an account, add funds, navigate to the trading section, and execute the purchase following the app's straightforward steps.

Apr 03, 2025 at 03:21 pm

Buying SAND coins on the Infinito wallet involves a few straightforward steps that can be easily followed. SAND is the native token of The Sandbox, a decentralized gaming platform where users can create, own, and monetize their gaming experiences. Infinito Wallet is a multi-asset wallet that supports a wide range of cryptocurrencies, including SAND. To begin the process, you'll need to set up an Infinito Wallet account if you don't already have one. Once your account is ready, you can proceed to add funds, navigate to the trading section, and execute the purchase of SAND coins. This guide will walk you through each step in detail.

Setting Up Your Infinito Wallet Account

Before you can buy SAND coins, you need to set up an account with Infinito Wallet. Here's how you can do it:

• Download the Infinito Wallet app from the App Store or Google Play Store, depending on your device.
• Open the app and select "Create a New Wallet."
• Set a strong password and make sure to remember it or store it securely.
• Write down your recovery phrase and keep it in a safe place. This phrase is crucial for recovering your wallet if you lose access.
• Verify your email address by entering the code sent to your inbox.
• Complete the KYC (Know Your Customer) process if required. This may involve submitting identification documents.

Once your account is set up, you're ready to move on to the next step.

Adding Funds to Your Infinito Wallet

To buy SAND coins, you'll need to add funds to your Infinito Wallet. You can do this by depositing cryptocurrencies or fiat money, depending on what the wallet supports. Here's how to add funds:

• Navigate to the "Deposit" section in the Infinito Wallet app.
• Choose the cryptocurrency or fiat currency you want to deposit. If you're depositing fiat, you might need to link a bank account or use a supported payment method.
• Follow the on-screen instructions to complete the deposit. This may involve sending cryptocurrency to a provided address or completing a bank transfer.
• Wait for the funds to be credited to your Infinito Wallet. The time this takes can vary depending on the method used.

Once your funds are available, you can proceed to buy SAND coins.

Buying SAND Coins on Infinito Wallet

Now that you have funds in your Infinito Wallet, you can buy SAND coins. Here's how to do it:

• Go to the "Trade" or "Exchange" section of the Infinito Wallet app.
• Search for SAND in the list of available cryptocurrencies.
• Select the amount of SAND you want to buy. You can enter the amount in SAND or the equivalent in the currency you're using to buy.
• Review the transaction details, including the total cost and any fees.
• Confirm the purchase by entering your password or using biometric authentication, if supported.
• Wait for the transaction to be processed. Once it's complete, the SAND coins will appear in your Infinito Wallet.

Storing and Managing Your SAND Coins

After purchasing SAND coins, it's important to know how to store and manage them securely. Here are some tips:

• Keep your Infinito Wallet app updated to ensure you have the latest security features.
• Enable two-factor authentication (2FA) if available, to add an extra layer of security to your account.
• Regularly back up your wallet using the recovery phrase you wrote down during setup.
• Be cautious of phishing attempts and never share your private keys or recovery phrase with anyone.
• Monitor your SAND balance and transaction history within the Infinito Wallet app to stay informed about your holdings.

Using SAND Coins in The Sandbox

SAND coins are primarily used within The Sandbox ecosystem. Here's how you can use them:

• Create and monetize content: Use SAND to buy LAND, the virtual real estate in The Sandbox, where you can create and monetize your own gaming experiences.
• Participate in governance: SAND holders can vote on proposals that affect the future development of The Sandbox.
• Trade and exchange: SAND can be traded on various cryptocurrency exchanges or used to purchase in-game assets and services within The Sandbox.
• Earn rewards: By participating in The Sandbox ecosystem, such as playing games or contributing to the community, you can earn additional SAND as rewards.

Common Questions About Buying SAND Coins on Infinito Wallet

Q: Is it safe to buy SAND coins on Infinito Wallet?

A: Infinito Wallet employs various security measures to protect your funds, including encryption and two-factor authentication. However, it's important to follow best practices for securing your wallet, such as keeping your recovery phrase safe and being cautious of phishing attempts.

Q: Can I buy SAND coins with fiat money on Infinito Wallet?

A: This depends on the specific features of Infinito Wallet at the time of your purchase. Some wallets allow direct purchases with fiat, while others may require you to first buy a cryptocurrency like Bitcoin or Ethereum and then trade it for SAND.

Q: How long does it take to buy SAND coins on Infinito Wallet?

A: The time it takes to buy SAND coins can vary. Depositing funds and executing the purchase can be quick, but the actual processing time depends on the blockchain network's congestion and the specific cryptocurrency you're using to buy SAND.

Q: What fees are associated with buying SAND coins on Infinito Wallet?

A: Fees can include transaction fees for depositing funds, trading fees for buying SAND, and network fees for processing the transactions on the blockchain. These fees can vary and should be reviewed before completing your purchase.

Q: Can I transfer my SAND coins from Infinito Wallet to another wallet?

A: Yes, you can transfer your SAND coins to another wallet that supports SAND. You'll need to use the recipient wallet's address and follow the transfer process within Infinito Wallet.

Q: What should I do if I encounter issues buying SAND coins on Infinito Wallet?

A: If you encounter issues, first check the Infinito Wallet app for any error messages or notifications. You can also reach out to Infinito Wallet's customer support for assistance. Make sure you have the latest version of the app installed and that your internet connection is stable.