How to Purchase a Yacht Charter Using Cryptocurrency: A Simple Guide for Beginners
Cryptocurrency payments are a fast and secure way to book your yacht charter. If you’re new to cryptocurrency, follow this guide to get started. We’ll show you how to sign up for a Coinbase account, purchase cryptocurrency and complete your transaction.
Step 1: Sign Up for a Coinbase Account
Coinbase is a trusted platform for buying and managing cryptocurrency. Here’s how to create your account:
1. Go to the Coinbase website here: Create a Coinbase Account
2. Follow the instructions to set up your account:
- Provide your email address.
- Verify your identity (you will need to upload a photo ID).
- Connect your debit card / credit card
Step 2: Receive Your Quote
Before purchasing your cryptocurrency, contact us to let us know you’re ready to proceed. We will provide you with a quote for the exact amount of cryptocurrency (BTC, ETH or XRP) required to complete your transaction. The amount will be calculated based on current market values to ensure accuracy.
Step 3: Purchase Your Cryptocurrency (BTC, ETH or XRP)
Once you receive your quote, follow these steps to buy the required cryptocurrency:
1. Log in to your Coinbase account.
2. Visit this guide for step-by-step instructions here: How to Buy Digital Currency
3. Choose the cryptocurrency specified in your quote: BTC (Bitcoin), ETH (Ethereum) or XRP
4. Use your preferred payment method (debit/credit card, etc.) to complete the purchase.
Step 4: Send Cryptocurrency to Our Account
After purchasing your cryptocurrency, send it to the address we provide for your transaction.
1. Obtain our wallet address: You will receive a specific address for BTC, ETH or XRP from us based on your payment choice.
2. In your Coinbase account:
- Navigate to the "Send" or "Withdraw" section.
- Paste the wallet address we provided.
- Enter the exact amount specified in your quote.
- Double-check the wallet address and amount to ensure accuracy.
- Confirm and send your payment.
Important Notes
Transaction Fees: Coinbase may charge a small fee for purchasing or sending cryptocurrency. These fees are your responsibility and should be considered when purchasing the quoted amount.
For yacht charter cryptocurrency payments exceeding USD 3,000 in value at the time of receipt, a 1.9 percent conversion and processing fee will apply.
Accuracy is Crucial: Always ensure you copy and paste the exact wallet address we provide. Sending cryptocurrency to the wrong address cannot be reversed.
Support: If you need additional help, Coinbase’s support guides are a great resource.
Once your payment is sent and verified, your yacht charter booking will be confirmed. Happy sailing!