Step 1: Research the project.
Take the time to research the project behind the ICO. Read its white paper, understand the technology and assess the team’s qualifications.
Step 2: Determine if it’s a legitimate investment.
Investing in an ICO may be risky, so make sure you understand the risk involved and that you’re investing your funds accordingly.
Step 3: Create a wallet.
Creating a cryptocurrency wallet is the first step in participating in an ICO. You can use a hardware wallet (such as Ledger Nano S or TREZOR), a web-based wallet (such as Coinbase or Blockchain.info), or a mobile wallet (like Jaxx).
Step 4: Purchase tokens.
The next step is to buy the tokens from the ICO website, which will then be transferred to your wallet.
Step 5: Secure your investment.
Store your tokens safely by backing up your wallet. Also, consider using a secure password and two-factor authentication for extra security.