Using Bitcoin & Ethereum to Invest at GoLegion
What can I invest in from Legion Capital with Bitcoin or Ethereum?
Just look for a Bitcoin symbol next to the “order” button for Bitcoin and Ethereum e-eligible investments. Not all investments are eligible for cryptocurrency investing.
How do I invest with Bitcoin or Ethereum?
First, you need what is called a “wallet” — a device, platform, app, or software that supports Bitcoin and/or Ethereum transfers. Legion will give you our wallet “address” in both an alphanumeric code and QR code for you to enter into your wallet so it knows where to transfer the Bitcoin or Ethereum. It’s your responsibility to make sure that you send the Bitcoin or Ethereum to Legion Capital’s wallet accurately.
How do I know how much Bitcoin or Ethereum to enter?
In the US, all Legion Investments are priced in US Dollars. But don’t worry — if you use Bitcoin or Ethereum to invest with Legion Capital, we’ll tell you both the US Dollar price and the Bitcoin or Ethereum equivalent price. For example, if the payment webpage shows a payment amount of $100 (0.00287508 BTC), you’ll enter 0.00287508 BTC into the amount field of your wallet. But keep in mind if you take too long, the price will expire and you’ll have to start over. And remember that you’re responsible (not us) for entering the correct amount and Bitcoin or Ethereum recipient address into your wallet.
Are there any fees associated with my Bitcoin or Ethereum payment?
There are no transaction fees from Legion Capital. Although, your Bitcoin or Ethereum network charges network fees each time that you make a payment and your wallet provider might also charge a fee. Any fees that you owe are your responsibility. The good news is that some wallets automatically calculate the fees you owe.
What if I send the wrong amount?
If you send the wrong amount for your investment, your investment might be cancelled. If you’re making an investment and send the wrong amount for the final payment due on your investment, your investment will be delayed until we receive the rest of it from you. And this is important: please do not overpay us. If you send more Bitcoin or Ethereum than the price, we might not be able to return the extra amount.
Can I send more than one payment using multiple wallets?
No. Please send us the right amount in one Bitcoin or Ethereum payment.
How long does it take to process my Bitcoin or Ethereum payment?
The payments page will refresh within one minute after you send the payment. Don’t send a new payment if your page doesn’t refresh. We’ll let you know (by email or through your GoLegion Account) once we confirm that we’ve received your payment. This can take up to six hours. If you don’t get confirmation from us, please contact your wallet provider. You might need to re-initiate payment.
How long do I have to complete my payment?
You’ll have until the timer on the payments page expires to complete your payment. If time runs out, you’ll need to restart your order process, and your alphanumeric or QR code, Bitcoin wallet address, and Bitcoin price might be updated.
What cryptocurrency does Legion Capital accept?
For now, Legion Capital only accepts Bitcoin or Ethereum — not Bitcoin or Ethereum fork products (like Bitcoin Cash and Bitcoin SV) or any other types of digital assets. (Our wallet will not receive or even detect any other digital assets.) Please make sure you only send us Bitcoin or Ethereum because any other digital asset sent might end up lost or destroyed (and we’re not responsible if that happens).
Are there any security risks associated with paying in Bitcoin or Ethereum?
You should always be careful when making a payment — in Bitcoin or Ethereum or in any other currency. Hackers or other similar groups might try to cause problems with the Bitcoin network or your payment that could affect your transaction. This can result in lost or stolen Bitcoin (and we’re not responsible if that happens).
What else do I need to know about the Bitcoin network?
The Bitcoin network protocols are open source, and anyone can use, copy, modify, and share them. We do not own or control the Bitcoin network or the software for your Bitcoin wallet. The Bitcoin network protocols and their operating rules can change at any time (like in the event of a fork), and those changes can affect the value, function, or even the name of Bitcoin. If there is a problem with the Bitcoin network, you can lose your Bitcoin (and we’re not responsible if that happens).