Where to Buy Ambrosus (AMB)

Ambrosus (AMB)

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How to Buy Ambrosus (AMB)

Ever wonder where your food or medicine has been before it lands in your hands? The team behind Ambrosus wants to keep you looped in on that process.

The team — which boasts decades of experience with R&D projects — developed the Amber token, a cryptocurrency that contains data on products as they move across the supply chain. All of this is done, of course, without the need of a centralized actor overseeing the process. Instead, any interested party can freely access the data at any point in time.

How does this all work?

The Amber token traces the products throughout the entire chain and links the information to records which reference x particular shipment. Amber is known as the “fuel” behind the Ambrosus ecosystem as it is used to:

  • Access the network services
  • Interact with sensor systems
  • Enter commercial agreements assured by smart contracts

The project is already backed by pharmaceutical pioneer Trek Therapeutics, as they will be using Ambrosus’s integrated sensors in their clinical development program. This is only the beginning for Ambrosus, so let’s get you set up with some coins.

Open Up A Coinbase Account

You’re probably eager to get your hands on some Ambrosus, but first let’s get you set up with some Bitcoin or Ethereum. That’s what you’ll use to by AMB. You can purchase BTC or ETH from Coinbase, but if that’s not working out for you, try out Coinmama. The process is no different. Already have some BTC or ETH in your wallet? You’re ahead of the curve. Head on over to step 2.

Sign Up For A Binance Account

Once you have purchased your BTC or ETH, we will need to head over to a cryptocurrency marketplace. This is where we’re going to buy other coins using Bitcoin or Ethereum. You can find Ambrosus in several different marketplaces, but let’s focus on Binance today. Get yourself signed up and proceed to step 3.

Transfer BTC or ETH to Binance

All we’re doing here is transferring our BTC or ETH from our Coinbase wallet to our Binance wallet. It’s like moving money from one bank account to another. The steps are detailed below:

  • Choose “Wallets” on Binance
  • Find “BTC” or “ETH”
  • Press “Deposit”
  • Select and copy the address string
  • Go back to Coinbase
  • Click the “Accounts” tab on Coinbase
  • Identify your BTC or ETH wallet & press “Send”
  • Place your Binance wallet address into the Coinbase recipient address bar
  • Enter in the coveted amount and click send!

Below are some screenshots that show it’s done using ETH as an example:

Purchase Ambrosus (AMB) on Binance

Now it’s time to buy some Ambrosus. You’re going to want to locate the “Markets” tab and then search for the BTC/AMB or ETH/AMB market. There, you will be able to specify your unique price, the number of Ambrosus you want, and it’s eventually where you’ll finalize the purchase.

Here’s a screenshot that shows you how it’s done:

Decide & Deposit

You have some Ambrosus on you now — awesome stuff. Now is the time to decide whether you want to go back to the marketplace, or let it sit in your wallet. That’s a you decision.

 

What else is there?

Nothing, you’re done! If you have any other additional questions, look to the chat window to your right and send them our way.

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