How to participate in Ethereum token sale and pay with Bitcoin?
This is a step-by-step guide to participating in an Ethereum token sale with Bitcoins. Tokens issued in an Ethereum token sale can only be received in a compatible ERC20 Wallet. Therefore in order to participate in Ethereum Token Sale with Bitcoins you will still need to setup an Ethereum Wallet.
How to setup a Metamask Wallet
Step 1: Download Metamask plugin for your Chrome browser at https://metamask.io/. You can also use Firefox, Opera or Brave browser for the same.
Step 2: Click the MetaMask logo in the plugins section of your browser.
Step 3: Read and agree to the MetaMask terms and Conditions.
Step 4: Click "Create a new vault".
Step 5: Enter a strong password and click "OK".
Step 6: Metamask will now show you your seed. It is very important that you copy and store those 12 worlds, without them you cannot restore your wallet.
Step 7: Now that you have your Metamask Wallet setup you will be at this page.
Step 8: Click on the three dots right next to account name:
Step 9: Click on Copy Address to Clipboard which will copy your Ethereum Wallet Address.
This is the ETH address that you will be using to participate in the Ethereum token sale and receive your tokens in.
Note: If you are still confused about how to setup and use Metamask watch this video
How to use Shapeshift.io to exchange BTC to ETH
Step 1: Go to Shapeshift.io.
Step 2: Select the Deposit asset to be 'Bitcoin' and the Receiving asset to be 'Ethereum'.
Step 3: Now on this next page Enter the amount of BTC you wish to exchange.
Step 4: Enter your ETH address. This is the address of the wallet that you just created on Metamask account.
Step 5: Hit 'Start Transaction after accepting the 'Terms & Conditions'.
Step 6: Shapeshift now will provide you with a BTC address to send your BTC to.
Step 7: Copy the address and send the exact number of BTC to the address provided from your personal wallet.
Step 8: Once the transaction is processed, you will receive ETH in your Metamask wallet.
Note: Use a Bitcoin Wallet to transfer funds to the address you get on Shapeshift in order to have successful transactions.
Using Metamask wallet to participate in the Token Crowdsale.
Now that you have ETH in your Metamask wallet, you can follow the steps here to participate in the Ethereum Token Crowdsale. Click Here