How to Buy Arable Protocol Crypto (ACRE)

$How to buy Arable Protocol Crypto$

What is Arable Protocol (ACRE)?

According to Coingecko, Arable Protocol is : Arable Protocol is a synthetic yield farming protocol that is dedicated to helping yield farmers access multiple blockchains (such as Ethereum, Avalanche, Solana, Cosmos or Polygon) assets and yields on a single chain. The biggest challenge in earning high yields in the DeFi space is the need to bridge assets across chains, requiring constant bridge fees that limit returns. Arable is changing that by providing the first single chain platform that enables multi-chain farming. The platform is supported by incentivized collateral providers (aka. stakers or minters) for synthetic assets. Users receive the same rewards as they would on native chains. Many different blockchains are now supporting liquidity mining pools and providing incentive mechanisms, but the transfer of the assets between different chains takes time and fees and requires chain and bridge specific knowledge. This is leading users to feel confusing which chain to stick on for yield farming. Synthetic assets are essentially tokenized derivatives to support people to buy or sell specific assets on native assets’ price. ARABLE’s goal is to provide an environment where yield farmers can access all the crypto farming assets on a single chain, where the users receive the same rewards as they would on native-chains. The environment is supported by incentivized collateral providers (aka. stakers or minters) for synthetic assets.

Where can I buy ACRE Crypto?

You can buy Arable Protocol on Pangolin.

Why should you buy Arable Protocol?

Arable Protocol 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 Arable Protocol Crypto?

Step 1 - Setting up a Metamask Wallet

How to setup 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.

Now since we are using the Avalanche Chain, we’ll need to add the Network. I’ll go over this very quickly. Just go over to https://snowtrace.io/.

Bottom right corner click here:

Add Avalanche Chain to Metamask

Accept everything on your Metamask and you should have your Polygon Network configured and the network switched to it.

Alternatively you can add the network manually like this:

Click on the upper right corner where you see the image and then click Settings. Select Networks and click on Add Network.

Fill out the boxes with this info:

Network Name:Avalanche Network
New RPC URL: https://api.avax.network/ext/bc/C/rpc
Chain ID: 43114
Symbol: AVAX
Block Explorer URL: https://snowtrace.io/

Click Save, and now you have Avax installed on your Metamask.

Step 2 - Buy Avax on Simpleswap

Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy AVAX 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 AVAX, 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 Avax 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 Arable Protocol on Pangolin with AVAX

How to buy ACRE on Pangolin

Pangolin is one of the most famous decentralized exchanges in Avalanche.

Before we head over to Pangolin, we need to prepare your Metamask Wallet to receive Arable Protocol. Open Metamask, scroll all the way down, and click here:

How to add ACRE to metamask

Select Custom Token and paste this token contract address there:

0x011734f6ed20e8d011d85cf7894814b897420acf

The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive Arable Protocol( ACRE).

You can check the price and confirm the correct token address of Arable Protocol on Coingecko.

Let's buy some Arable Protocol!

Go to Pangolin. 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 Pangolin.

Select a token and paste the Token contract address: 0x00ee200df31b869a321b10400da10b561f3ee60d

Click Import and accept the terms.

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

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

Congratulations! You are now a proud Investor of Arable Protocol!

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

Define slippage on Pangolin

Check out Arable Protocol links:

Website: https://arable.finance/
Twitter: https://twitter.com/ArableProtocol
Telegram: https://t.me/ArableProtocol
Explorer: https://snowtrace.io/token/0x00ee200df31b869a321b10400da10b561f3ee60d
Discord: https://discord.com/invite/arable

Please make sure you read our Disclaimer. We are not financial advisors.