Hydra Pharma

To keep ourselves safe, we take payment in cryptocurrency. This can be a barrier for a lot of people, so we have a brief guide to using crypto. We'll also link you to our support group, where you can ask about this sort of thing.

1. Get a Wallet

You'll need a crypto wallet, a piece of software that keeps track of your money and interacts with the cryptocurrency network to send and recieve money. We recommend CakeWallet.

Once you've installed CakeWallet, make a LiteCoin wallet in it - this is the currency we use. You'll be shown a 'seed value' - a list of random words - which you should write down, you'll need it to recover your wallet if you lose your device or something.

2. Buy LiteCoin

You can buy cryptocurrency through an 'onramp service', such as ramp.network. You may be asked to answer a series of questions about yourself and/or about your knowledge of the risks cryptocurrency, the services are required to ask these questions by financial regulators. You'll be able to find lists of answers to the cryptocurrency risk questions online if you need to, or ask us. On the subject of financial regulations, some banks may refuse to send money to crypto buying services. if this is a problem for you Revolut allows it and makes it relatively easy to make a new account.

Onramp services and exchanges charge some fees, and cryptocurrency values can change relatively quickly over time, so you may want to buy five or ten pounds more than you actually need to make sure.

3. Send Money

From the Send tab in CakeWallet you can send an amount specified either in LiteCoin or in conventional currencies at the current exchange rate to a given address. The address will be a long meaningless string of characters. It's important to get the address right, try to copy and paste it from whoever gave it to you rather than typing it out.

(Optional) Converting Through Monero

As a buyer for personal use your legal risk is low to effectively nonexistent, especially in the case of oestrogen. However, if you want to prevent anyone from being able to find out what you're spending money on, you can use the privacy-focused cryptocurrency Monero (abbreviated XMR, for some reason). Make two Monero wallets and a new LiteCoin wallet in CakeWallet, taking note of the seed values as above. Use the Exchange tab to convert currency from your original LiteCoin wallet to one of the Monero wallets (there will be a fee involved). Once it arrives (this may take time), transfer it to the second Monero wallet using the Send tab. This transfer is very difficult to trace. You can then Exchange it back to LiteCoin in the second wallet. At this stage the bank and onramp service know who you are and that you own the first LiteCoin wallet, and the exchange service used by CakeWallet knows that you sent the money to the first Monero wallet. But it's much more difficult for anyone to determine what happened to the money after that.