Looking for the cheapest way to deposit to Sorare, you’re reading the right content. Sorare is a very profitable but competitive game but depositing funds to your account is one of the expensive parts of the game, many investors splash large sum of money by paying fees in other to deposit funds into their sorare account. In this blog post, we’ll be straight to the point on How to Deposit on Sorare using MoonPay.
What is Sorare
Sorare is a Blockchain fantasy soccer game that runs on Ethereum – it combines elements of fantasy soccer with card collecting and it’s becoming prevalent. Players buy and collect digital player cards (also known as an NFT), trade with other players, and compete in tournaments and leagues where they can win thousands of dollars.
The founders of the platform want to give fans the opportunity to develop and play the game, even when they can’t play it on the field. Users can buy, trade, sell and manage a virtual team with digital player cards.
By competing against other users of this fantasy football game, you can earn points. It’s more than simply playing virtual tournaments because you need to build strategies and create lineups. The more you know about the real-life performances of your players, the more points you earn.
What is an NFT Soccer Card?
NFT stands for Non-Fungible Token which is essentially a unique digital asset that exists on Blockchain. Being non-fungible means that, due to unique properties, tokens cannot be interchanged.
An NFT soccer card is basically a one of a kind digital soccer card – a record of ownership is stored on the Blockchain. Unique data and identification codes distinguish them from each other so there will never be 2 identical digital cards.
So, what is a Sorare card? Well, it’s an officially licensed NFT collectible of a player for a particular soccer season. Every card is numbered and unique.
Is Sorare Free To Play?
You don’t need to spend any money to get started with Sorare. You receive 10 free common cards when you sign up and for the first 8 weeks, while you can enter the Rookie League, you won’t need any rare cards. The weekly competitions are also free to enter.
However, I would say that, in order to be competitive and win some decent prizes, you will need to invest at least $500-$700 (at the time of writing this) – as always, do your research before and only invest money that you’re willing to lose in a worst case scenario.
Is Sorare Safe?
I haven’t experienced any issues with Sorare in my time using it. The platform is endorsed and supported by major brands like Ubisoft and Opta as well as high profile soccer stars like Rio Ferdinand,Serena Williams, Gerard Pique & Antione Greizmann.
The platform operates on Ethereum’s blockchain network to secure the ownership and distribution of the digital collectibles. Cards cannot be altered or duplicated and are always limited.
After trying Sorare for a while now, I believe it’s legit and perfectly safe to use – when I withdrew money from the platform, it was quickly back in my digital wallet.
How to Deposit on Sorare using MoonPay
MoonPay is a third-party service that allows you to deposit ETH using regular ways like debit/credit cards and bank transfers. MoonPay presently accepts a wide range of currencies (click here to discover the regions and currencies).
The following instructions will walk you through the process of funding your Sorare account with a credit card via MoonPay.
1. Go to the wallet symbol on the Sorare website’s top-right corner.
2. Next, choose the option that you like best (MoonPay or Ramp). MoonPay or Ramp might be the only options sorare may show you based on the best exchange rate for you and where you live.
3. Enter the desired quantity of ETH, followed by your email address, which will be used to send you a receipt (or to create your account if the amount reaches a limit threshold).
4. If this is your first time using MoonPay, you’ll need to create an account and validate your personal information by adding a debit/credit card and validating your personal details.
5. After verifying and setting up your MoonPay account, you’ll be ready to make the payment.
6. Hurray!!!, In the next five minutes, your Sorare account should be able to access the ETH money.
Sorare currently has 200,000+ users and over 220 licensed football clubs, ranging from Laliga to Bundesliga. Even Ligue 1 and Serie A are among Leagues that are currently registered
As Sorare continues to gain popularity and more users join, the game’s collectible cards should gain value as they remain provably scarce by design, and holders have full ownership of their cards