My Neighbor Alice is a multiplayer, blockchain-based game. In the game, players progress by collecting various items, as well as creating virtual lands and building them. To get started, players need to buy MyNeighborAlice, and we’ll explain more on that below.
When you start to play the game, you will get your own avatar. You will then be able to use the avatar to communicate with other players. As mentioned before, you must buy virtual plots of land to pass through levels, and these lands are represented by non-fungible tokens(NFTs). Players will also need to note that the supply of plots in the game is limited.
My Neighbor, Alice’s marketplace is where you can buy houses, animals, in-game assets, and other avatar accessories. To buy, you must use the ALICE token, which is the game’s native currency. This ERC-20 token runs on the Ethereum network and works much like all other decentralized crypto tokens on the market. This includes exchanging them, staking, collateralization, and more. Below, we discuss the steps to buying ALICE.
A quick guide on buying ALICE token
It should be noted that you cannot directly buy MyNeighborAlice with USD. Therefore, you must convert your fiat currency to crypto first by taking the following steps.
1. Create an Account on Binance
Binance is a mostly preferred crypto exchange because of the various user-friendly features. This includes a wide range of altcoins, low fees, and more. Also, you will be able to purchase crypto with debit card or with PayPal.
Make sure you have completed the KYC verification process so that you can buy your BTC or ETH.
2. Deposit cryptocurrencies
When you have created your account, you can purchase either BTC or ETH. We recommend buying these two because they are convenient. In fact, they offer flexibility since they can be traded for several coins on the platform.
To deposit, navigate to Funds, and click Deposits. You should then make sure that you search for the ticker you want to deposit. You will then get a deposit address, which you must copy before you go to your preferred wallet. You can then proceed to send your deposit to the address that you copied.
At this point, you can expect to wait for up to 30 minutes for the transaction to complete. You will also need to know that it is cheaper and faster to deposit ETH than BTC. Also, you must ensure that you deposit directly from your wallet. This is because making a deposit from one platform to the other may be limited by restrictions.
3. Check your balance (Optional)
To check if your deposit has been processed, you can click on Funds, then scroll to Balances. You will then be able to see if the funds are appearing in your account.
4. Buy My Neighbor Alice
To place a buy order for My Neighbor Alice, you must click on Exchange, and then choose Basic. You must then select your crypto, either BTC or ETH, and then search for the My Neighbor Alice ticker, which is ALICE. Thus, you should get the ALICE/BTC or ALICE/ETH trading pair.
Clicking the trading pairs allows you to see the price chart and you can proceed to place your buy order under the price chart.
However, if you prefer, you can use the Limit order to buy ALICE when it reaches a specific price. Remember to specify your desired price, as well as how much ALICE you want to buy before proceeding. Confirming your order makes you a proud owner of ALICE!
Exchanges to buy ALICE
Binance
Binance has been dominating the scene. One of the biggest advantages offered by Binance is that of lower fees. Exchanges charge little while users enjoy high liquidity charts that make possible instantaneous purchases and selling in a moving market.
Luckily, many countries across the world allow Binance operation on THORChain, these include Australia, Singapore, and the UK while those from the USA are barred. Though Binance is barred from the USA, it still maintains large customer bases in many countries across the world and it looks highly probable that it will grow so huge to disband any form of competition.
Step-by-step Buying Guide
- Create an account
- Complete KYC process
- Add funds to your wallet
- Buy your crypto
HitBTC
If you are looking for that hub of altcoin that has a huge share of THORChain, check HitBTC. However, there have been speculations on its reputation and how it carries out its basic operations. HitBTC is moderate, not that exceptional and we recommend that your choose it last.
Step-by-step Buying Guide
- Create an account and verify your identity
- Click on Buy Crypto or go to Deposit and add either BTC or ETH
- Choose RUNE and specify the amount you want to spend
- Confirm details and proceed
Gate.io
If you are thinking of where to buy ALICE coin, then this is the best place to buy. Gate.io is a more ideal exchange that has a lot of guarantees. The most fantastic feature of Gate.io is the user interface. Very friendly to beginners and they can actually move up the charts to become specialists and professional technical traders.
Gate.io was launched in the year 2013 and from then it has been creating a huge base of altcoins for many users. You can easily maneuver in the market with Gate.io. For those trading in the USA, this is the best choice.
Step-by-step Buying Guide
- Sign up for an account
- Complete the KYC verification process
- Fund your wallet
- Choose a trading pair and buy
Bithumb
Bearing its origin in Korea, Seoul to be exact, Bithumb has been in the game since 2013. Bithumb has many Korean entities that have broadened their reach including BTC Korea.Co.Ltd. It is a company responsible for making ease of cryptocurrency trading.
Though BTC seems to be the major crypto, the company also offers a lot of altcoins but no one can forget that Bithumb is one of the largest and expanding BTC trading companies. It speaks volumes. It is a Korean giant that continues to bring more and more selection on how to purchase RUNE.
Step-by-step Buying Guide
- Sign up on Bithumb
- Verify your details and confirm your account
- Start trading or upgrade your account
TokoCrypto
This is an Indonesian crypto exchange that was launched back in 2018. The platform has its own native utility token known as the Toko Token (TKO). This unique hybrid token model offers users some great features such as crypto trading, staking, and more. Users have assured reliability and a secure gateway when they trade and sell their tokens.
Step-by-step Buying Guide
- The first step is to log into your Tokocrypto account and choose Exchange
- Choose the crypto that you want
- Next, in the Buy option, enter the amount of crypto that you want to buy
- Select the green Buy button
- After the Success notification appears, enter the Order Book and check your order history to view it
CoinEX
When you are looking for that exceptional digital and financially sound cryptosystem, this is the best destination. It is a stable exchange which is very friendly. Comes with a quality user interface. This platform will also allow you to exchange quite a number of coins. Also, you will appreciate the fact that the fees are quite nominal.
Step-by-step Buying Guide
- Sign up and log in to CoinEx
- Choose the fiat currency that you want to use, as well as specify how much you want to use
- Select the preferred coin
- Confirm all the details and click Buy
- Click Go to Payment
- Review order details and click Go to Payment
How MyNeighborAlice project is different?
This unique game allows its players to undertake various tasks such as buying land, customizing their avatars, catching bugs, fishing, and more. It is set on an island complex where both humans animals coincide. You get to play with characters such as Alice, who owns and shares the archipelago with her friends.
Unlike other games out there, My Neighbor Alice has created a public app that is accessible to DeFi professionals, blockchain enthusiasts, as well as ordinary players.
The game has a unique in-game currency, ALICE, which is an ERC-20 token, which means it functions much like other altcoins; it has a value and can be traded on various crypto exchanges.
This play-to-earn game lets players undertake different tasks and earn NFTs, which they can sell as well for ALICE tokens.
Things to consider before buying ALICE token
The following guidelines should be adhered to before you can purchase ALICE.
Gamified DeFi
You will need to ensure that you will be able to easily convert your ALICE to other cryptos such as ethereum, bitcoin, and many more, on many exchanges. On top of that, it should be so easy and fast to trade your crypto and therefore, the platform that you choose should make use of both blockchain and DeFi.
Storing tokens
ALICE is an ERC-20 token. Because of that, you need to be able to choose any wallet that is able to store your tokens, which means it should be ERC-20 compatible.
Gas Fees
Gas prices may be really high, especially if you are new to the game. This is mainly because the platform uses the Ethereum blockchain. Also, for you to be able to buy land and perform various tasks during the game, you will need to have funds. Because of that, the cost will be a bit high. Therefore, you must choose a platform that has lower gas fees.
Where to store ALICE token
If you are going to be buying ALICE, Then you will need to make sure that you keep it safe. A lot of sneaky people out there are using various tools to hack into people’s wallets and steal their crypto. Below, we give you a few suggestions to help you with storing your crypto safely.
Ledger Nano S
Hardware wallets are the safest to store your crypto. This is because they store your crypto offline. Because of that, this is one of the greatest options that you can make. The equipment will not be able to be accessed by anyone online, which keeps them private and secure.
Another great thing about it is that it is quite cheap to buy, and you get to store all your coins as this is a multicurrency wallet.
Ledger Nano X
The greatest advantage of this hardware wallet is that you can use it on your PC or mobile device via Bluetooth integration. You will find that this device is lightweight and also portable. At the same time, it has a large screen, which makes using it quite easier.
The device will offer you rechargeable batteries, as well as huge storage space. Because of that, you can store several tokens on it as it supports a lot of blockchains. No matter the part of the well you come from, you will be catered to. This is because the Ledger Nano X supports several languages. As if that wasn’t enough, you will be able to buy this device at a very affordable price.
Privacy and security tips
A number of crypto thefts have been reported around the world. This is because it is so easy to hack someone’s wallet online using various tools. For that reason, you will need to make sure that you implement some security measures in order to keep your crypto secure and private. Below are some top tips that you can utilize to ensure the security of your funds.
Enable 2-factor Authentication
Thanks to technology, you can implement 2-factor authentification on your wallet. This technology will notify you and require verification each time that someone tries to access your account. Without your approval, no one will be able to get into your wallet. Also, it should be noted that you should never opt for SMS verification only. This is because some people can port your phone to another device.
Store Your Crypto Offline
Earlier, we mentioned hardware wallets. This allows you to store your crypto offline, and any other sensitive information like recovery phrases. That way, unauthorized persons will not be able to access your information.
Use Secure Passwords
To ensure that your passwords are safe and are not easy to crack, you should make use of strong passwords, and always make sure that you use different passwords for different accounts. To help you with that, you will need to make use of a password manager. This is responsible for suggesting very strong passwords that cannot be cracked. On top of that, password managers will help with storing your passwords so that you can easily recover them.
Conclusion
My Neighbor Alice is a promising game. If you like that kind of genre, then you’re definitely going to find this game interesting. This game is quite different from the other NFT games out there. This is because players do not have to rely on other people’s experiences for them to be able to decide on their next move. Instead, you will only need to make sure that you research all the game’s roadmaps, which means you will need to have a lot of patience. Also to be noted is the fact that for you to start playing this game, you will need to invest some real money. That money will go towards the funding of the game’s economy.