> ## Documentation Index
> Fetch the complete documentation index at: https://docs.cargotrading.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# Quickstart: How to Take Part in a Cargo Vault

> Check eligibility, complete KYC or KYB, whitelist your wallet and place your first bid for vault shares, starting with the Genesis Vault (cvCOCOA).

Cargo vault shares are permissioned. Only verified, whitelisted wallets can hold them, so taking part starts with onboarding rather than with a wallet connection.

## Check You Are Eligible

> [!TIP]
>
> You are not a US person and not acting for one (Regulation S).

> [!TIP]
>
> You are a professional or institutional investor where you are resident.

> [!TIP]
>
> You are not resident in any jurisdiction the vault's term sheet excludes. For the Genesis Vault, that includes the CEMAC region.

If you cannot confirm all three, you can still read about the mechanism, the proof of reserve and the research, but you cannot hold vault shares.

## Onboard

**1. Get in Touch**

Email **[cargovaults@gmail.com](mailto:cargovaults@gmail.com)** for allocations, the data room, a call or general questions.

**2. NDA and Data Room**

Sign the mutual NDA to open the data room: term sheet, rulebook, risk statement, legal documents and lot records.

**3. KYC or KYB**

Verify through Persona and sign the Eligibility Declaration. Entities also verify beneficial owners above 10% and the authority of the signatory. See [KYC and wallets](https://docs.cargotrading.xyz/faq/how-to-guides.md#complete-kyc-and-whitelist-a-wallet).

**4. Whitelist Up to Three Wallets**

Sign the ownership message from each wallet. Compliance screens it and adds it to the on-chain identity registry.

**5. Buy**

Commit USDC in a vault's Genesis Auction when its window opens, or place a sealed bid in a batch auction afterwards. Either way you buy below NAV and receive vault shares in your own wallet at settlement. The first window is the Genesis Vault's (cvCOCOA), which has been rescheduled. See [How-To Guides](https://docs.cargotrading.xyz/faq/how-to-guides.md#take-part-in-the-genesis-auction).

> [!WARNING]
>
> **We never send a deposit address by chat or email alone.** The only valid address is the one in your signed agreement, confirmed by phone with a named director using a number from the data room. Always send a small test amount first.

## What Happens Next

> [card] [Hold or Rotate](https://docs.cargotrading.xyz/products/strategies.md)
>
> Keep the discount to NAV, or recycle it every batch.

> [card] [Exit](https://docs.cargotrading.xyz/products/deposits-and-withdrawals.md)
>
> Redeem at NAV, use the Liquidity Bridge, or take delivery.


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