Articles on: Payments & Crypto

How to Buy Crypto from an Exchange

To get started on SBX, you’ll need to purchase crypto using your local currency (like NZD, JPY, CAD, etc.). Here’s how to do it safely and efficiently.

🔍 Step-by-Step: Buying Crypto for the First Time



1️⃣ Choose a Trusted Exchange



These platforms let you buy crypto using debit/credit cards, bank transfers, or even Apple Pay.

We recommend:

Coinbase - beginner-friendly with great security
Kraken - excellent fiat support and low fees
Binance - largest global exchange with wide coin access
Swyftx - supports NZD, ideal for users in New Zealand
BitFlyer - top exchange for JPY (Japan)

🛡️ Always enable 2FA on your account for added protection.

2️⃣ Verify Your Identity (KYC)



Most exchanges require basic identity verification:

Upload ID (driver’s license or passport)
Take a selfie or complete liveness check
Wait for approval (usually minutes to hours)

3️⃣ Deposit Fiat Currency



Once verified, add funds using:

Bank Transfer (common for NZD and JPY)
Credit/Debit Card (for fast funding)
Apple Pay or Google Pay (depending on exchange and region)

💸 Common fiat options include:
NZD (New Zealand Dollar), JPY (Japanese Yen), CAD, EUR

4️⃣ Buy Your Crypto



Choose the coin you want - for SBX, you’ll most commonly use:

Bitcoin (BTC)
Ethereum (ETH)
USDT (Tether) or USDC

Enter the amount and confirm your purchase. The crypto will land in your exchange wallet.

5️⃣ Transfer to Your Personal Wallet



Don’t leave your crypto on an exchange unless you're actively trading.

Open your external wallet
Copy your public wallet address
Use the exchange’s Withdraw or Send function
Paste your address and confirm the withdrawal

⏳ Depending on the network, transfers can take a few minutes.

🧠 Final Tips



Always start with a small test amount
Watch for withdrawal fees (they vary by coin and exchange)

🎉 Once the crypto hits your wallet, you’re ready to deposit into SBX and start playing.
👉 Next: How to Deposit Crypto into SBX


🔗 Ready to Play or Explore More?



Head over to SBX.com to claim your latest bonuses, explore new crypto games, or jump into the sportsbook action.
Whether you're here for high-stakes spins or precision picks, your next win starts on the main stage.

👉 Visit SBX Now


📲 Stay Connected



Want the latest promos, giveaways, and feature drops?
Follow @betsbx on X.com and Instagram - and don’t miss a beat.

Let’s grow together. 💥

Updated on: 20/05/2025

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