There are dozens of platforms to buy cryptocurrencies. And among those that allow you to get crypto from the Sandbox project, there is no shortage of choice. But then, how do you succeed in buying SAND tokens safely without risking falling into a scam? This is what we will see together.
To help you invest in Sandbox and its cryptocurrency SAND, we will explain the procedure you need to follow in an online broker that combines simplicity and security. But before that, we will still analyze The Sandbox project in a little more detail, so that you know exactly what you will be investing in.
Sandbox: introducing the project and its crypto (SAND)
The various projects that develop in the blockchain universe each have their own specifics. This is what makes their charm and allows investors to decide where they want to invest their money.
In the case of Sandbox, we are in the metaverse niche, that is, in continuous virtual worlds that operate using blockchain technology.
Sandbox is a kind of parallel universe in which we can perform actions as we would in our daily life. You can walk around, buy land, go shopping, meet people, visit museums, etc. Basically, the only limit is the imagination of the players.
Many companies have already started transposing their stores into this universe. Thus, playing in the Sandbox, you can go to shops and buy items that you will get in real life. Other people meanwhile have started a business entirely involved in the game. So they can design skins for your characters, help you decorate your house or even help you put your craziest projects into the metaverse.
In short, you will have understood, the Sandbox allows you to perform the same kind of actions as in real life, except that it takes place on the Internet and works thanks to the blockchain, in particular the technology of NFTs (non-tangible assets interchangeable). Indeed, these NFTs make it possible to prove that someone actually owns something (land, skin, business, etc.) and can be exchanged to transmit ownership documents from one person to another.
The metaverse universe is still in its infancy and it’s a safe bet that it will grow significantly in the years to come. Therefore it may be interesting to think about investing by buying SAND tokens.
This way you will be supporting a project that has existed for many years and has been in the top 50 most capitalized digital assets for quite some time.
Where to buy Crypto Sandbox (SAND)? Our recommendation: eToro
Now that you know what exactly Sandbox is, you need to find a reliable platform on which to buy SAND tokens. Although there is many exchanges highly recommendedwe decided to introduce you to eToro.
This is in our opinion the best option to get SAND tokens easily and without the slightest risk.
eToro has opted for regulation in most of the countries where it operates. In France, for example, it has received PSAN (Digital Asset Services Provider) approval, which is necessary if an operator wants to legally offer cryptocurrency-related services to its French users.
Additionally, eToro has a very clear and well thought out interface for new users, whether on mobile or PC. Indeed, nowadays, mobile users are becoming more and more important and therefore this broker has chosen to offer versions adapted to both smartphones and tablets (through a dedicated application).
eToro is also known for its social trading section. This allows you to see the results of other investors and if you want, copy what they are doing automatically. This is ideal if you don’t have time to analyze the markets yourself and believe that another trader’s results are too good.
But eToro is also a very wide choice of cryptocurrencies. If you want to properly diversify your investment portfolio, then know that you will have the opportunity to invest in almost a hundred digital assets.
In addition, the platform will even allow you to invest in traditional markets or even commodities, if you really want to take the logic of diversification to its peak.
Find more details about the broker online in our eToro test and analysis.
How to buy SAND tokens: easy investment tutorial
The favorite crypto platform to invest in cryptocurrencies is eToro. That being said, we will now explain how to buy the cryptocurrency of the Sandbox project: SAND.
You will see in the following lines that the process is not complicated at all. Even if you are just starting out, you will be able to invest in just a few clicks.
1) Create an account on the crypto platform
Before using eToro, you need to open an account on the platform.
To do this, you can identify yourself using your Facebook or Google account. It is quite convenient because it is done in seconds. If you do not have Facebook or Google, or do not want to register with these options, then you can use the classic registration procedure.
2) Verify your identity
Now that your account has been created, you need to verify your identity.
This is a mandatory step to be able to buy SAND tokens from the Sandbox project. If this may seem like a limitation, it is nevertheless a guarantee of protection for you.
A platform that will allow you to buy cryptos without verifying your identity is generally not legal in France and you risk losing the sums of money you will deposit on it.
In order for your personal data to be approved by eToro, you must submit the following supporting documents:
- Proof of identity: driver’s license, passport, residence card or national identity card;
- Address proof: receipt dated less than 6 months clearly showing your address and name. Invoices must be issued by an official body (water, gas, electricity, internet, etc.).
3) Deposit money into your account
Once your account is approved by customer service, it will finally be possible to buy cryptocurrency from The Sandbox. But before that, you must remember to deposit money with the broker, otherwise it will be impossible to trade SAND tokens.
To make your deposits to eToro, you can use a number of different options. However, we will present the main ones. First, you can use a credit card (Visa or MasterCard). No fees are charged and the money is automatically credited to your account. The same applies if you use an electronic wallet (Neteller, PayPal or Skrill).
On the other hand, if you want to make a bank transfer to deposit money on the platform, you will have to show some patience. In fact, the transfer from your bank to eToro can take several days. This operation is free as with the first two deposit options.
4) Buy SAND cryptocurrency
Once the money is in your account, you can buy SAND tokens. For this, you need to find this crypto by entering its name in the search tab, Sandbox, or its symbol, SAND. A new window will then open and give you the option to get this digital asset.
To buy SAND tokens, you will then have the choice between two options: “Order” and “Invest”.
In the first case, you can set the price at which you will buy crypto from The Sandbox, but you will have to wait until someone agrees to give you their SAND tokens at that price. In the second case, you can immediately buy the asset from The Sandbox at the market price.
eToro offers you to use leverage if you want to trade actively. Due to the high volatility of cryptocurrencies, we advise against using leverage. In case of a bad period in the market, then you can lose your entire investment in a snap of the fingers. Educate yourself and learn more about how trading works before using such an option.
Note that the steps we have just presented to you can be reproduced buy bitcoins online or any other crypto available on eToro.
What you need to remember
That’s all, now you know how to easily get cryptocurrency from Sandbox (SAND). The procedure is quite easy to understand, especially if you use the eToro platform.
As we mentioned, it is possible to buy SAND tokens on dozens of different platforms. However, you have to be very careful because there are many scams in this medium. If you want to use another exchange, you should analyze it in depth to avoid any unpleasant surprises.
To buy Sandbox (SAND) on eToro, we invite you to click on the link below. Once you are on the platform, all you have to do is create an account, approve it and then make your deposit on the site.