For complete beginners, we have prepared a How to Buy Crypto Island that can walk you through the entire process of purchasing this digital asset in under 10 minutes.
Crypto Island is a revolutionary project that aims to build a decentralized island - all of which will be co-owned by those holding its native digital currency - CISLA. If successful, there is every chance that Crypto Island will set a global precedence for decentralized communities across all corners of the world.
If you’re keen to invest in this project and thus - you want to buy CISLA tokens from the comfort of your home - this guide is for you.
Within it, not only do we walk you through the Crypto Island investment process step-by-step, but we also discuss whether or not CISLA represents a viable addition to your cryptocurrency portfolio.
How To Buy Crypto Island (CISLA) In 5 Easy Steps
If you’ve already made your mind up about Crypto Island and wish to buy CISLA tokens right now - follow the step-by-step guide outlined below.
- Step 1: Download Trust Wallet: Get the ball rolling by downloading the Trust Wallet to your mobile device. This secure wallet will give you direct access to the Binance Smart Chain - which is why it is used by millions of cryptocurrency investors.
- Step 2: Add Funds to Trust Wallet: In order to buy CISLA, you will need to have some Binance Coin (BNB) tokens in your Trust Wallet. You can either transfer BNB from an external wallet or make a purchase directly with your debit/credit card via Trust. If opting for the latter, you will need to upload a copy of your ID.
- Step 3: Connect to Pancakeswap: You will need to connect your Trust Wallet to Pancakeswap to be able to buy CISLA tokens. This is a decentralized exchange that facilitates token swaps on the Binance Smart Chain.
- Step 4: Add CISLA Contract Address: You will need to manually enter the contract address for CISLA into the ‘You Get’ field on Pancakeswap.
The contract address is: 0x09d975C3351DBdED28617517FC6982284a787f03
- Step 5: Buy CISLA: And finally - enter the amount of CISLA tokens you wish to buy. You can do this by stating how many BNB tokens you want to swap for CISLA - as the amount will update accordingly. Be sure to set your slippage to at least 11%.
Once you click on the “Swap’ button and confirm the transaction - Pancakeswap will take care of the rest. In most cases, you should find the CISLA tokens in your Trust Wallet interface within a couple of seconds. However, you might need to add the contract address manually in Trust if you cannot see the tokens.
Note: As CISLA operates on the Binance Smart Chain (BSc), you might need a more detailed walkthrough if you are a complete beginner. If this is the case, you’ll find a full guide on how to buy Crypto Island tokens further down.
What Is Crypto Island (CISLA)?
Launched in August 2021, Crypto Island is an innovative blockchain project that aims to bring decentralization to the real world. More specifically, the team behind the project is looking to purchase an island - which will subsequently be owned by those holding its native digital token - CISLA.
In this sense, Crypto Island will become the world’s first decentralized community, not least because all token holders have a right to visit the respective island that eventually gets purchased. Furthermore, token holders will also have a direct say in how the island operates.
For instance, if a decision needs to be made that will impact day-to-day life on the island, this can only be implemented once the proposal has gone to a vote. In terms of the project’s native utility token - CISLA, this will function as the de-facto currency on the decentralized island.
This ensures that those purchasing CISLA are obtaining a digital currency that actually has real-world utility, which is not something that can be said of most emerging projects in this industry.
Is Crypto Island (CISLA) A Good Buy?
Although Crypto Island sounds like an impressive decentralized project, it is important to do your homework before you proceed to make an investment.
In attempting to determine whether or not Crypto Island is a good buy - consider the following metrics:
Transparent and Experienced Team
In the vast majority of cases, you will find that digital currencies listed on the Binance Smart Chain have an anonymous team behind them. Naturally, this should instantly present alarm bells - as, without transparency, there is no sure-fire way of knowing if you are investing in a legitimate and credible project.
However, in the case of Crypto Island, the management team has been fully identified - otherwise known as being ‘Doxxed’ in cryptocurrency jargon. At the forefront of this is Crypto Island CEO Dan Bouwer - who is the main face of the project.
Originally from the Netherlands, Bouwer was recently seen being interviewed by Fox News contributor Gianno Caldwell about the long-term vision of Crypto Island. Working alongside Bouwer is Crypto Island CMO Mirko Scarcella.
Scarcella is behind a number of well-known publications in the world of business - including The Bible: Success Fame Money and The Business Game. Scarcella can also be seen on his personal Instagram account alongside various celebrities - including boxer Floyd Mayweather.
All in all, having a transparent and highly experienced team in this industry is crucial - so that’s good news for those looking at how to buy Crypto Island tokens for the very first time.
For any newly launched cryptocurrency project to succeed, a notable marketing strategy is imperative. Although the Crypto Island project has only been active for a little over one month, it has already enjoyed huge exposure on the global scene.
In fact, Crypto Island has already been endorsed by the following celebrities on their respective Instagram accounts.
- Scott Disick (25.4 million followers)
- Amber Rose (21.2 million followers)
- Linsay Lohan (9.3 million followers)
- Rich the Kid (8.1 million followers)
- Dillon Danis (1.3 million followers)
The team at Crypto Island note that further celebrity endorsements are currently being lined up. Which celebrities these relate to remains to be seen. Nevertheless, as an investor in CISLA tokens, global publicity of this nature is a major benefit.
In addition to social media endorsements, CEO Dan Bouwer has also announced that the project has signed an agreement that will see Crypto Island advertised on the famous electronic billboard directly outside the NASDAQ exchange.
Once again, this will offer huge exposure to the project - especially from the institutional space.
Credit Card Buy
Although millions of traders are already using the Binance Smart Chain to buy and sell newly launched digital currencies, the investment process can be somewhat daunting for those with little experience in this space.
In full recognition of this drawback, the team at Crypto Island has announced that they are in the final stages of having CISLA tokens listed on a traditional exchange that has the legal remit to accept fiat money.
In turn, this will allow the average investor to buy Crypto Island tokens with their credit card within just a few clicks.
It is impossible to say with any certainty just how big Crypto Island could become. With that said, you only need to look at how well other Binance Smart Chain tokens have performed in recent months - with several projects since reaching multi-billion dollar market capitalizations.
Crucially, this means that the upside potential with Crypto Island is huge - especially when you consider that it will be the world’s first decentralized island.
Now, at the time of writing, the project has since achieved a market capitalization of around $15 million - which is impressive when you consider that it has only been trading for just over a month. This means that by buying CISLA tokens at this stage, you are still at the very start of its journey.
As a result, you stand the chance to invest at a price that is potentially much lower than its future value.
Read Also: Hot Cryptocurrency Price Predictions
How To Buy Crypto Island (CISLA) - Full and Detailed Walkthrough
So now that we have discussed the ins and outs of the Crypto Island project, we are now going to explain how to buy CISLA tokens.
This will be a full and detailed walkthrough - so be sure to follow the steps carefully if you are new to the Binance Smart Chain!
Step 1: Download Trust Wallet
As you will be looking to access the Binance Smart Chain, you will need to obtain a wallet that gives you direct access.
Without a doubt, the best option in this respect is Trust Wallet - which is backed by Binance. The wallet comes via a mobile app that is compatible with Android and iOS.
Once the wallet has been installed, open it up and follow the on-screen prompts. Like most wallets, you will need to choose a PIN and write down the 12-word passphrase that is shown to you on-screen.
It is imperative that you write this down correctly and store it somewhere safe.
Step 2: Add BNB to Trust Wallet
You will need to fund your Trust Wallet with BNB. This is because CISLA can only be purchased with BNB - so you need to have enough tokens in your wallet to cover the exchange.
- If you already have BNB tokens stored in an external wallet or exchange, transfer them over to Trust Wallet
- If you don’t have any BNB tokens to hand, you can buy some from within the Trust Wallet interface. This will require you to go through a quick KYC process.
Once you have BNB tokens in your Trust Wallet, you will need to transfer them over to the Binance Smart Chain. You can do this by clicking on ‘BNB’ followed by ‘More’, before clicking on ‘Transfer to Smart Chain’.
Important: Make sure you do not transfer 100% of your BNB tokens to the Smart Chain, as you will need a tiny amount of standard BNB to cover the transaction fee.
Step 3: Connect Trust Wallet to Pancakeswap
In order to buy digital tokens that are hosted on the Binance Smart Chain, you will need to use a decentralized exchange like Pancakeswap. This will be the case until CISLA is listed on a centralized exchange like Binance or Kraken.
First, click on the ‘DApps’ button at the bottom of the Trust Wallet interface and look for Pancakeswap underneath ‘DeFi’.
Then, click on ‘Connect Wallet’. Once your Trust Wallet is connected to Pancakeswap, you will be able to use your BNB balance to purchase CISLA tokens.
Step 4: Buy Crypto Island (CISLA)
The final step is to complete your purchase of CISLA tokens.
First, next to the ‘From’ tab, select ‘BNB’. This means that you are buying CISLA with your BNB balance.
Next, besides the ‘To’ tab, you need to search for and select ‘CISLA’. If CISLA does not show up in the search results, you will need to paste in the contact address, which is listed below.
You will now need to enter the number of CISLA tokens that you want to purchase. If you want to use 100% of your BNB tokens that were transferred over to the Binance Smart Chain in the previous step, you can click on ‘Max’.
Next, click on the ‘Settings’ button, which looks like a cog. Here, you will need to change the ‘Slippage Tolerance’ to 11%.
Finally, to complete your Crypto Island investment - click on the ‘Swap’ button. All being well, your transaction will go through within a couple of seconds.
If, however, you get an error - this will all but certainly be because the slippage is not high enough. If this is the case, perhaps try increasing the slippage tolerance to between 12-15%.
Step 5: View CISLA Tokens in Trust Wallet
In most cases, once you go back to the main Trust Wallet interface, you should see your CISLA tokens.
If not, then you will need to manually add CISLA to your wallet. To do this, click on the icon at the very top-right-hand corner of the wallet. You should see a list of tokens. Scroll down to the button of the list of cryptocurrencies and click on ‘Add Custom Token’.
Finally, you can paste in the CISLA contract address - which you will find above in Step 4.
And that’s it - you’ve just learned how to buy Crypto Island!
How To Buy Crypto Island (CISLA) - The Verdict?
Crypto Island is arguably one of the most exciting cryptocurrency projects to enter the blockchain scene for some time.
In fact, should this project really take off - we are going to see the world’s first-ever decentralized island that is owned and governed by token holders.
Ultimately, Crypto Island is still just over a month old at the time of writing, so if you’re looking to invest in this innovative project - now could be a great time to get started with a CISLA token purchase!
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What is Crypto Island?
In a nutshell, Crypto Island is a blockchain project that merges decentralization with the real world. The project seeks to purchase an island that will be owned and governed by holders of its native cryptocurrency token - CISLA.
How do you Invest in Crypto Island?
At the time of writing, Crypto Island and its respective CISLA token can only be purchased from Pancakeswap. This is a decentralized exchange that allows you to buy, sell, and trade crypto tokens that are listed on the Binance Smart Chain.
Is Crypto Island a Good Investment?
The team behind Crypto Island - which is fully verified in the public domain, is looking to build the world’s first decentralized island that is co-owned by token holders. This could be one of the biggest cryptocurrency projects of the past few years. However, like all investments, there is no guarantee that you will make money. As such, always do your own research and never invest more than you can afford to lose.