Raiblocks (XRB) is growing FAST, here's a guide on how to purchase

Hi guys,
I've recently started investing in Raiblocks and I've had some troubles purchasing and storing them. Eventually, I finally got the process down and I'd like to share some knowledge. I'm from Canada btw.

Step 1. Getting a Wallet
Please note that when I say RaiWallet I'm referring to the software wallet unless specified.
Getting a wallet is the most important step as we want to know that we can safeguard all of our assets before taking the first step in purchasing them.
IMPORTANT: Once you have created your wallet it is IMPERATIVE that you create a copy of your SEED (aka private key) or you will lose access to ALL of your funds. Steps to do so are below
There are currently 3 wallets available, 2 of which I have used. You can download the RaiWallet which is available on RaiBlocks - Do one thing, and do it well - In block-lattice we trust! or use the web wallet at RaiWallet - Get Started. I prefer using a software wallet but the current one is a bit finicky so I actually had my XRB on the web wallet until I fully understood how to use the software wallet. The software wallet available on their website is actually a dated version, 8.0, you can get the most recent one at the founder's github here: Release Version 9.0 Released · clemahieu/raiblocks · GitHub

Please note that the wallet might get flagged for a trojan on your antivirus. Not to worry, this is a false positive:
Error initializing node. • r/RaiBlocks
I'd advise to download version 9.0 because there is a shortcut to quickly sync your wallet to the blockchain. You can still use 8.0 but it would take days to sync to the blockchain and ultimately receive your XRB.

Once you've got your wallet installed or set up on the web platform open it up! Again, before you do ANYTHING save down your SEED somewhere. Write it down, print it, just have it somewhere! This is very important because this is essentially the only way to access your funds. The web platform will give you your seed when you sign up. On the software wallet click accounts at the bottom and then click "backup/clipboard wallet seed" Paste this in a notepad and print it out or write it down. Just make sure you have the SEED somewhere!

Now you'll notice in the software wallet at the top it says Synchronizing, Block: xxxx (xxxx..) Until your wallet is fully synchronize to the number of blocks found on RaiBlocks - Do one thing, and do it well - In block-lattice we trust! you will not be able to accept XRB sent to your address, it will forever say pending. Now here's the shortcut!
First download the most recent file found here for whichever software wallet you downloaded: RaiBlocks_64

This file is the data file containing the most up-to-date blockchain and it is provided by the devs. With this, your wallet won't have to sync 4 million blocks on the first run. (Source: ELI5 Rai wallet • r/RaiBlocks )
Before you go on, please close your wallet and end all raiwallet tasks in your task manager. Unzip the file and extract the data file to your desktop. Now open up a folder and type this into the address bar: %LOCALAPPDATA% and look for the RaiBlocks folder. Once you find that, overwrite the existing data file with the one you just downloaded. Open up your RaiWallet and you'll now notice the Block # is very close to the number on the website OR you should be fully synced! If you get an error like "can't initialize node" it's probably because you're using 8.0. If you're using 9.0 and you still get that error then I'm sorry... You have to delete that data file and sync it the good ol' fashion way! If any of this was confusing please follow this nifty youtube tutorial I found:


At this point, go to accounts, click import wallet, paste in the seed that you previously saved, type in clear keys in the second box and click import seed. You will now have your previous account. This is important because when you paste over the new data file, it overwrite the previously generated account - just in case you got ahead of yourself and sent yourself XRB before syncing!
If you choose to use web wallet
Setting up the web wallet is pretty easy to follow. Just be sure to save down your seed! Personally, I'm using the web wallet for now because it's less finicky. RaiBlocks currently has a team dedicated to creating a new/better wallet so I'm waiting until then to transfer to the new software wallet.
Go to the settings tab once you've setup your web wallet and change your alias. This is essentially your username for login. That way you don't have to always have handy the string of code that is your account identifier. Makes it easy to login from elsewhere and check your balances.

Step 2. Where to Buy?
There are currently 3 exchanges that list Raiblocks and I believe two more are getting ready to list them, BitZ and we are winning the votes on KuCoin! I've opened accounts on BitGrail and Mercatox, however, Mercatox wouldn't let me generate a BTC or ETH address so I was never able to actually fund this! BitGrail on the other hand wouldn't let me activate my 2FA Google Authenticator so I had to move my XRB off right away. I opened an account on BitGrail
Make sure to turn on your 2FA before doing anything! Also write down your 2FA secret code in case you lose your phone otherwise you will lose access to your account
If Mercatox works for you then I believe the steps below should apply as well.

Step 3. Funding
There are two ways that I had actually purchased XRB.
First: I had ETH on Binance and transferred it to my BitGrail. To do this, click on Wallets at the top right and on the new page in the Ethereum row click on deposit. You'll arrive at a new screen and you'll have to click generate deposit address for your receive ETH address. I've noticed that the address they provide is significantly shorter than my other ETH addresses. Do not panic! Send yourself some ETH to this public address. It took about 3 hours for me to receive my ETH. The transaction hash on the blockchain stated that it was an Invalid Address, but fear not, as long as you put the address in correctly, it'll eventually show your ETH in your account. BitGrail is kind of slow, even though my ETH was confirmed within 15-20 minutes it still took about 3 hours for my account to be creditted.
Second: I sent myself BTC from Binance. Same steps as above except generate the address for BTC.
Notes: I preferred sending myself ETH because of the lower fees and I was also able to get more XRB per dollar spent.

Step 4. Purchasing
Using ETH: To purchase ETH you have to look at the XRB market under ETH. The price here tells you how many XRB you will get per ETH - so the higher the better! When you select this option you want to sell your ETH for XRB. Type in the price you want to sell for ETH (ex. 142 XRB per ETH) and then the amount of ETH you want to sell and then hit place sell order.
Using BTC: The price here is actually the opposite, it shows how many BTC you will get per XRB the lower the better! This time it is a little tricky because we have to specify how much XRB we want to buy as opposed to how much BTC we want to sell. I usually fiddle around with the amount of XRB to purchase until the total BTC spent equals however much I had funded my account with.
Using ETH to BTC to XRB: Price is listed in a similar structure as the BTC method above. Try and get your ETH to BTC at a favourable price and then purchase your XRB with BTC.
Notes: The ETH/XRB pairs are actually not really favourable. I sent ETH to myself because the fees were lower and the transaction is supposed to be faster. At the time of writing this 0.5 ETH will yield 71 XRB, but changing 0.5 ETH to BTC gives you 0.02399 BTC which yields 74 XRB. When I had purchased originally, I got an extra 8 XRB for my ETH by converting to BTC first. To calculate this follow this example:
ETH to XRB price is 142.
ETH to BTC price is 0.04798.
XRB to BTC price is 0.0003295.
Let's say we start with 0.5 ETH, if we trade that directly into XRB, we get (142 * 0.5) 71 XRB. If we trade our ETH for BTC we get (0.5 * 0.04798) 0.02399 BTC which we then trade for XRB yielding (0.02399 / 0.0003295) 72.80728.
Step 5. Storing your XRB

I actually lost 10 XRB the first time I tried to store, so make sure to TEST your wallet with the minimum withdrawal first. Thank god I didn't send my entire XRB balance!
On the RaiWallet select the copy button at the top, this is your receive address. Now go back to BitGrail and open up the wallet page. Click withdraw in the RaiBlocks row. Paste in your address, amount (again, test with minimum amount) and hit submit withdraw request! Make sure you put in the address correctly! It will say processing on the withdrawal screen and then completed! BitGrail will also provide you with the transaction hash so you can take a look at where your money is. Once complete, you can check your RaiWallet and if you haven't completely synced yet, at the top you'll see a "Pending" with the amount of raiblocks to be received. If it doesn't show this you can refresh your wallet in the advanced settings. If it still doesn't show this, then go back to advanced settings and you can refresh the wallet by choosing a different scale and going back to the original scale (kxrb then Mxrb)

Using the web platform, your receive address can be down on the home screen. Again, I'd use the web platform for now because it's less finicky. Your XRB could say pending on the software wallet for quite sometime even after you've fully synced. It's an issue, but you'll receive it eventually if the transaction says pocketed on the chain.
Notes: From BitGrail, your transaction may say complete but you don't receive any of your XRB. When you click your transaction hash (link) it will say Invalid Block. This is a known issue with BitGrail, when it comes down to this, open up a support ticket with all of your information, transaction ID, receive address, and tell them that it says Invalid Block and they will fix it for you. Please see this: BitGrail Exchange on Twitter

 

Well man I really appreciate this I'm from Canada aswel and this will help me in the future ❤

 

Not a problem good sir!

 

Ive removed the links to your addresses asking for donations.

No begging

 

I'm not begging it was simply put there if people wanted to tip me for compiling all of this information?

 

Not allowed. Dont re edit it into your thread again