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How to buy the DefiSportsCoin
A simple guide for beginners on how to purchase DefiSport coin. For someone that may still be getting their feet wet in the crypto space, figuring out how to make purchases may seem like a daunting task. Therefore, we’ve designed an article with a step-by-step process to diminish any barriers to entry.
To be able to buy any cryptocurrency you need to install a crypto wallet to store it in. Two of the more popular choices are MetaMask and TrustWallet. Both of which can be found on the play store and the app store. They have slight variations but are user-friendly.
If you choose to download and use MetaMask, here are the instructions below:
First of all, if you have a pre-existing wallet on MetaMask, click on ‘import using Secret Recovery Phrase’ or ‘Sync with MetaMask extension. However, if it is your first time, click on ‘Create a New Wallet’ and then ‘I Agree’. You will then need to fill in a password as well as a confirmation password which must be at least 8 characters and afterward tick the checkbox and create it.
After this step, you will be redirected to a page with an instructional video on the Secret Recovery Phrase. Watch it and read the page that comes after. Then you’ll be at the page where your Secret Recovery Phrase will be written, store it carefully as advised from the previous page. The page after will test you on whether or not you have accurately noted down the Secret Recovery Phrase by requiring you to regurgitate the information back to in the correct sequence and then click on Complete Backup. This will lead you to the front page of your very own crypto wallet!
It displays various data points a wallet has such as total value, unique public address, and more. Simultaneously, at this point, the app will offer to take you on a tour to deepen your understanding of how to use it. *Figure out how to switch to bsc mainnet* It is important to note that the team members or admins will never ask for your recovery phrase. Anyone personally messaging you regarding it is more than likely an imposter.
Secondly, you will need to purchase Binance Smart Chain tokens. This can be done by installing the official Binance app and sending it the public address of your MetaMask account that is on the BSC mainnet. Caution: Do not send Binance Smart Chain tokens to wallets on other mainnets otherwise you may lose them forever.
Thirdly, click on the three horizontal lines on the top left of the screen and click on ‘browser’. Afterward, type in the search bar ‘pancakeswap finance’ and click on the first link. Furthermore, you will then have to connect your wallet with this website and then click on ‘Trade Now’.
On this page, you will need to type in how much BNB would you like to spend. You will also need to click on ‘Select a currency’ and paste the DSC contract address which is 0x662cbbeb9872251a795f85648333be0dbfcad653. Remember to adjust the slippage in the settings as well in the range of 17%-21%. Viola! You’ve made your purchase.
Lastly, you have to then go back to your wallet and enter the contract address after clicking on ‘Import Token’. By doing so, the ‘Token Symbol’ and ‘Token of Precision’ bars should automatically fill up. If it doesn’t, type in DSC and 18 respectively in each bar. Finally, click on ‘Import’ and your wallet should be able to display your coins.
If you choose to download and use Trust Wallet, here are the instructions below:
First of all, if you have a pre-existing wallet on Trust Wallet, click on ‘I already have a wallet’. However, if it is your first time, click on ‘Create a New Wallet’. Read the ‘Privacy Policy’ and ‘Terms of Service’ and tick the checkbox and press continue. You will then have to type in a 6-digit passcode. Then you will be required to back up your wallet by noting down your recovery phrase. The app will then have you regurgitate the recovery phrase. After this step, you will have successfully created your wallet.
Secondly, you will need to purchase Binance Smart Chain tokens. This can be done on the Trust Wallet app directly. Click on the BNB logo and then click on ‘buy’ on the top right-hand corner of the screen and follow the instructions to purchase it.
Thirdly, click on the ‘DApps’ that are at the bottom of your screen. Afterward, type in the search bar ‘pancakeswap finance’.
Make sure you are on the Binance Smart Chain network.
Scroll down until you find this link.
Subsequently, you will then have to connect your wallet with this website and then click on ‘Trade Now’ and will end up on the page below. On this page, you will need to type in how much BNB would you like to spend. You will also need to click on ‘Select a currency’ and paste the DSC contract address which is 0x662cbbeb9872251a795f85648333be0dbfcad653. Remember to adjust the slippage in the settings as well in the range of 17%-21%. Viola! You’ve made your purchase.
Lastly, you have to then go back to your wallet and enter the contract address after clicking on the settings which are on the top right corner. Furthermore, select the ‘Smart Chain’ Network. By doing so, the ‘Name’, ‘Symbol’ and ‘Decimals’ bars should automatically fill up. If it doesn’t, type in DefiSportsCoin, DSC, and 18 respectively in each bar. Finally, select ‘done’ and your wallet should be able to display your coins.
Note, we also have our logo registered with Trust Wallet so you should be able to see it as shown in the picture below.
This is how a person new to cryptocurrencies can buy DefiSports Coins and participate in the evolution of the sports sector. Thank you for reading!