Overview of the ArCoin Purchasing Process

Blair Bingham
Oct 22, 2020

Arca Labs strives to provide the highest customer success for investors purchasing, transferring, and storing their ArCoin. Below you will find resources to guide you through purchasing ArCoin using the ArCoin Portal. Before obtaining ArCoin, investors should read the ArCoin FAQs to better understand the processes and requirements associated with holding ArCoin.

Our Technology Provider, TokenSoft, has provided an in-depth tutorial on ArCoin and the ArCoin Purchasing Process accessible here. The following flow is a high-level overview of the ArCoin portal registration process to orient you as you apply to purchase ArCoin: 

1. Create an ArCoin account in the ArCoin portal using an email and password of your choosing
2. Complete KYC/AML identity verification in the portal
3. Wait for an email confirming identity verification (the average time for verification is a few minutes but can take up to three days)
4. In the portal select a compatible ETH wallet where your ArCoin will be minted. TIA (see below for details), Gemini, or select BitGo wallets all currently support ERC-1404 tokens (ArCoin’s token standard). Enter the amount you plan to invest in ArCoin.
5. Complete a wire or ACH with the information provided in the portal. Expect this process to take a few business days.

Please note that if you are registering in the ArCoin portal with the hopes of receiving ArCoin via a peer-to-peer transaction (arranged with a third party) you must complete steps 1 through 4 to be eligible for ArCoin transfers.

 

If you have any questions about ArCoin or the ArCoin portal please contact us at support@arcalabs.com

 

 

 

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Disclaimer: This commentary is provided as general information only and is in no way intended as investment advice, investment research, legal advice, tax advice, a research report, or a recommendation. Any decision to invest or take any other action with respect to any investments discussed in this commentary may involve risks not discussed, and therefore, such decisions should not be based solely on the information contained in this document. Please consult your own financial/legal/tax professional.

Statements in this communication may include forward-looking information and/or may be based on various assumptions. The forward-looking statements and other views or opinions expressed are those of the author, and are made as of the date of this publication. Actual future results or occurrences may differ significantly from those anticipated and there is no guarantee that any particular outcome will come to pass. The statements made herein are subject to change at any time. Arca disclaims any obligation to update or revise any statements or views expressed herein. Past performance is not a guarantee of future results and there can be no assurance that any future results will be realized. Some or all of the information provided herein may be or be based on statements of opinion. In addition, certain information provided herein may be based on third-party sources, which is believed to be accurate, but has not been independently verified. Arca and/or certain of its affiliates and/or clients may now, or in the future, hold a financial interest in investments that are the same as or substantially similar to the investments discussed in this commentary. No claims are made as to the profitability of such financial interests, now, in the past or in the future and Arca and/or its clients may sell such financial interests at any time. The information provided herein is not intended to be, nor should it be construed as an offer to sell or a solicitation of any offer to buy any securities, or a solicitation to provide investment advisory services.