How and Where to Buy Alvey Chain (ALV) – Detailed Guide

What is ALV?

Alvey is a decentralised blockchain with a proof-of-stake consensus model, meaning that the author of the subsequent block is selected at random based on how much cryptocurrency they have in their wallet and how mature that wallet is, continuously rotating addresses to ensure decentralisation and network participation. Blocks are usually built or minted rather than mined; there are also block rewards in addition to transaction fees, thus, builders receive a percentage of "interest" on the amount of funds they bet. This allows the chain to achieve high levels of security without excessive energy consumption, since to participate as an applicable active node for staking, is enough to have a Raspberry-Pi, laptop or 64-bit desktop PC which do not have such a high consumption compared to Proof of Work string mining rigs. Alvey supports the Bitcoin and Ethereum ecosystems. We use a pragmatic design approach to integrate metaverse and VR within the blockchain, allowing continuous development of real-world applications. Furthermore, it is spreading awareness of blockchain technology to many Internet users while also decentralizing PoS transaction validation internationally, over a long period of time. As a project, we are committed to establishing a connection between what we love and what we do everyday. We believe that this will lead to creativity and success. Plus, we are builduing the world's first VR Exchange on Alvey Metaverse. The Alvey Chain provides a wide range of utilities including, building your own meme tokens, NFTs, and smart contracts to create value on top of our blockchain. The ACC wallet allows you to stake directly, as well as do superstaking and delegation. You can also build a dex, a NFT marketplace or a launchpad. All fees are distributed among stakers and validators using our coin in transactions and deployments on Alvey. You can use our coin directly on an exchange with fiat via our payment gateaway of your ACC wallet. We are planning on building our first DEX (like Uniswap, Pancakeswap) where you can trade your favorite projects. We will wrap USDT, USDC, ETH, BNB and more. Another important utility in our project are the adds placed inside the metaverse and the explorer. Furthermore, our VR exchange will allow users with at least 200 ALV to access it, thereby creating a stable ecosystem between our coin and its use. As a result, we are uniquely positioned to become the number 1 metaverse blockchain in the world. Vr Exchange

This is an extremely exciting technological milestone for crypto and stock traders. The integration of metaverse and VR exchange will be explained to you in detail. Our elves forest has 6 magical castles, including one where you can connect directly to the VR exchange. As soon as you pass the gate, you'll be redirected to the VR environment, where you'll be able to trade on the Alvey chain. What is the process? We are building an exchange interface on top of UE. Assume you play a metaverse game and win coins/points in real time. In reality, there's more to that than meets the eye. Real-time trading will be possible through a background exchange running on a different server. There, we have integrated the interface with the Unity 3D environment, which allows the API to trade in real time. Now, the VR exchange's transactions will appear in a notification outside the trading area. A more animated explorer will be created in Unity 3D where users will be able to see all the blocks floating and then they'll be able to access the TXH. Reference: Goliath VR. Our development stage is in test on unity and background exchange. Upon completion of the first test within 2 months, you can trade on Alvey test net for a while until we resolve any bugs that may arise. Daily traders and investors will be able to do what they love in a more entertaining manner. Because we spend too much time sitting in front of our computers, I realize how important it is to be up and active. Take advantage of the fact that you can be dynamic and still be involved in your trades. Traders will have fun trading in Alvey Multiverse VR Exchange as it enhances focus performance and movement. A trader setup costs about 10k usd, while VR googles cost 280 usd, making trading more accessible to a broader audience. A few of the VR features include opening multiple charts at once (up to 50), live info trading from several different exchanges, a wide range of crypto products, fast transactions, a high level of security, a user-friendly reliable setup, and most importantly, the simplicity and efficiency of the process. Anywhere, anytime, no fuss.

ALV was first tradable on 17th Aug, 2022. It has a total supply of 152,312,734. As of right now ALV has a market capitalization of USD $2,514,919.09. The current price of ALV is $0.0157 and is ranked 3496 on Coinmarketcap and has recently surged 72.62 percent at the time of writing.

ALV has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying USDT from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy ALV.

Step 1: Register on Fiat-to-Crypto Exchange

You will have to first buy one of the major cryptocurrencies, in this case, USDT (USDT). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.

uphold

Suitable for US traders

Select Fiat-to-Crypto Exchange for details:

ALV

Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:

  • Easy to buy and trade among multiple assets, more than 50 and still adding
  • Currently more than 7M users worldwide
  • You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
  • Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
  • No hidden fees and any other account fees
  • There are limited buy/sell orders for more advanced users
  • You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
  • USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Show Details Steps ▾
ALV

Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.

ALV

You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.

ALV

Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.

Step 2: Buy USDT with fiat money

ALV

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.

ALV

Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose USDT, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.

Step 3: Transfer USDT to an Altcoin Exchange

But we are not done yet, since ALV is an altcoin we need to transfer our USDT to an exchange that ALV can be traded. Below is a list of exchanges that offers to trade ALV in various market pairs, head to their websites and register for an account.

Once finished you will then need to deposit USDT to the exchange from UpHold. After the deposit is confirmed you may then purchase ALV from the exchange view.

Exchange
Market Pair
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Last Step: Store ALV securely in hardware wallets

Ledger Nano S

Ledger Nano S

  • Easy to set up and friendly interface
  • Can be used on desktops and laptops
  • Lightweight and Portable
  • Support most blockchains and wide range of (ERC-20/BEP-20) tokens
  • Multiple languages available
  • Built by a well-established company found in 2014 with great chip security
  • Affordable price
Ledger Nano X

Ledger Nano X

  • More powerful secure element chip (ST33) than Ledger Nano S
  • Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
  • Lightweight and Portable with built-in rechargeable battery
  • Larger screen
  • More storage space than Ledger Nano S
  • Support most blockchains and wide range of (ERC-20/BEP-20) tokens
  • Multiple languages available
  • Built by a well-established company found in 2014 with great chip security
  • Affordable price

If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your ALV for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.

Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.

Frequently Asked Questions

Can I buy ALV with cash?

There is no direct way to buy ALV with cash. However, you can use marketplaces such as LocalBitcoins to first purchase USDT, and finish the rest of the steps by transferring your USDT to respective AltCoin exchanges.

LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.

Are there any quick ways to buy ALV in Europe?

Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.

Are there any alternative platforms to buy ALV or Bitcoin with credit cards?

Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.

Read more on Alvey Chain's fundamentals and current price here.

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