How to Buy 0x Leverage Crypto (OXL)

What is 0x Leverage OXL?

According to Coingecko, 0x Leverage is : 0xLeverage is a ground breaking all-in-one defi trading bot, accessible exclusively on telegram. The bots capabilities are unparalleled in the space as users will have the power to leverage their buying power and amplify their potential profits like never before. Let’s make it plain. Using leverage when trading is borrowing additional capital to magnify gains but also exposes you to a higher chance of immutability losing your investment. The advantage is it provides traders with an opportunity to earn higher returns using a smaller initial investment. However the higher reward potential carries higher risk as those borrowed funds must be paid back. Either those borrowed funds are paid back when you sell for profit or when the price drops to a liquidation level which is presented to the investor prior to opening a trade. The higher the leverage you choose the closer your liquidation price will be to your initial price, leaving little room when the price of the asset drops, especially if that asset has low liquidity. How our leverage system works on Blockchain When a user is on the leverage menu on our bot, they select their initial funds and the amount of leverage they want to borrow. For example if the user selects $50 and 3x leverage they are borrowing an additional $100 from the leverage pool to give them 3x the position while only risking 1/3 of their actual funds. When they open the trade their $50 are transferred to their unique leverage wallet. Simultaneously $100 are sent from our leverage pool. With those combined funds a trade is opened for $150 in the selected token. Once that trade is open the user must watch their liquidation price closely. They can track their trade but typing /tracklev and close their position at any time. If the users position falls to liquidation price their position will automatically sell. And those funds are all sent back to the leverage pool. If the user closes the position in profit the user gets their initial plus gains sent to their wallet, minus the loaned amount and fees which are sent to the leverage pool.

Where can I buy OXL Crypto?

You can buy 0x Leverage on Uniswap.

Why should you buy 0x Leverage?

0x Leverage is really one of a kind project. The roadmap is incredibly promising and if the dev team can keep up with the with it, it's only a matter of time for the market to catch up. It's a very risky play but one that can yield amazing profits. Do you own diligence and research the project further so you can make your own decision.

How to Buy 0x Leverage Crypto?

Step 1 - Setting up a Metamask Wallet

Metamask is by far the most used walled in the world of Ethereum. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Ethereum Network, Metamask will be your best friend. Setting up the wallet is also very simple and easy.

Head over to metamask.io and click Download. You'll need to use Google Chrome, Brave Browser, Firefox, or Microsoft Edge for this to work. So make sure you are using one of these four browsers. Now at the end of the page, click on the browser you're using and install the extension.

You are now the Welcome Page of Metamask. Click on 'Get Started.' Now click on 'Create a Wallet.' Choose a strong password for your Metamask wallet and continue.

Very Important Part! Keeping your backup phrase safe is the difference between having millions in your account or be that guy on the landfill looking for his old hard drive.

Click on reveal your backup phrase and write every word down on paper. Make sure you don't save your backup phrase on anything digital. This is for your security. After you wrote down your backup phrase, you'll be asked to confirm it. Click on every word in the correct order, and you should be done.

Step 2 - Buy Ethereum on Simpleswap

Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy ETH and receive it directly on our on-chain Metamask wallet, skipping most of the steps we'd have to take through a traditional exchange.

Click here to access Simpleswap

Just click the Buy/Sell Crypto tab, insert the USD amount you want to trade for ETH, and click "Exchange", just like this:

Now all you have to do is click the Metamask fox logo to directly copy and paste your Metamask Ethereum address. It should add it automatically.

You can now choose between Google Pay or card to complete the payment:

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in Metamask.

Step 3 - Buy 0x Leverage on Uniswap with ETH

Buy OXL on Uniswap with ETH

Uniswap is currently the number one Decentralized Exchanged in the world, and it's simply the best place to buy cryptocurrencies that aren't available on sites like Coinbase or Binance.

Before we head over to Uniswap, we need to prepare your Metamask Wallet to receive 0x Leverage. Open Metamask, scroll all the way down, and click here:

Select Custom Token and paste this token contract address there:

0x03ee5026c07d85ff8ae791370dd0f4c1ae6c97fc

The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive 0x Leverage (OXL).

You can check the price and confirm the correct token address of 0x Leverage on Coingecko.

Let's buy some 0x Leverage!

Go to Uniswap. On the upper right corner, click on Connect Wallet and select Metamask. A confirmation popup should open on Metamask (click on the "little fox logo" if you don't see it). Now you need to accept, connect, and your wallet should be connected to Uniswap.

Select a token and paste the Token contract address: 0x03ee5026c07d85ff8ae791370dd0f4c1ae6c97fc

Click Import and accept the terms.

Now you have to select the amount of ETH you want to trade for OXL. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.

Wait a few minutes, and your OXL should appear on your Metamask Wallet.

Congratulations! You are now a proud Investor of 0x Leverage!

In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Uniswap's gear icon, and put 5% here:

Adjust slippage on uniswap