Yellow Card: Ultimate Beginner’s Guide in Just 10 Steps
Hey there! So you're new to Yellow Card and possibly to the beautiful world of Cryptocurrencies, as we guess? Well, you've come to the best platform for Cryptocurrencies across Africa.
As an African Crypto Company, we will teach, guide, and usher you into this world of endless possibilities, so that financial inclusion is within reach of everyone, without discrimination or constraint.
Let's Get Started in Just 10 Steps:
Without much ado, let's dive in!
Create an Account
Whether on mobile or web apps, creating an account on Yellow Card is very simple. So simple that in less than 3 minutes, you should be up and running on our Tier 0 plan. Our Web App is accessible via any of your internet browsers, or you can download our Mobile App via Android PlayStore or iOS AppStore.
After creating your account, you are automatically eligible for Tier 0. From this Tier, you can buy, receive and sell crypto without restrictions. However, some operations, such as deposits and receiving money via Yellow Pay, will be restricted. Finally, you will not be able to withdraw in local currency. To do so, you will be invited to move to the next Tier.
Complete your KYC Verification
Your KYC Verification is in 4 Tiers, and we encourage you to complete them. As mentioned above, creating an account with the most basic information gets you past Tier 0, with limited functionality. However, to be able to do more on Yellow Card, we strongly encourage you to complete your Tier 1, Tier 2, and Tier 3 Verifications. We encourage you to complete the 4th Tier if you're a business.
It only takes a few minutes and will help improve the security of your Account. At Yellow Card, we respect your privacy, and as such, we have taken measures to protect your data.
Learn About Cryptocurrencies
We created the Yellow Card Academy for Crypto Newbies. Learn about Cryptocurrency, Blockchain & Financial Literacy through our simplified guides and tutorials.
We encourage you to ask us questions as you begin your educational journey. You may skip this part if you are confident enough in your understanding of Cryptocurrencies, but we strongly recommend that you check in daily to stay up to date on your crypto knowledge.
Deposit Funds (Fiat or Crypto) on Yellow Card
Please refer to our article on how to deposit funds, whether fiat or crypto.
Buy Crypto (Bitcoin/Ethereum/ Tether)
Depending on the Cryptocurrencies available to you, you may buy the Cryptocurrency of your choice through fiat after depositing your funds, as shown above.
Sell Crypto (Bitcoin/Ethereum/ Tether)
You may also sell your Cryptocurrencies as and when you please. We have zero fees and encourage you to buy and sell as much as you like.
Withdraw Funds (Fiat or Crypto)
If you want to withdraw your funds from Yellow Card, you can do so in two ways. Through Fiat or Cryptocurrency. You can always convert Crypto into fiat to withdraw your funds into your bank account.
You can also convert fiat into Cryptocurrency to withdraw your funds into another wallet.
Thank you for choosing Yellow Card.