How to Buy Beluga Protocol Crypto (BELA)

What is Beluga Protocol (BELA)?

According to Coingecko, Beluga Protocol is : What is the project about? Multichain stableswap AMM with Layer3 Infrastructure What makes your project unique? First stableswap that enables cross-chain swap with Layer 3 infrastructure. Beluga Protocol is a multichain stableswap AMM powered by Layer 3 infrastructure. The key concept underpinning Beluga’s design is asset liability management (ALM). By introducing the concept of ALM, Beluga allows each token to grow organically based on its natural supply and demand. Beluga allows users to provide unilateral liquidity. Instead of pools of token pairs and bundles, Beluga uses accounts of tokens to record assets and liabilities, allowing single-sided liquidity provision. Beluga aims to enhance DeFi user experience by aggregating liquidity from across chains to form cross-chain swaps that can be executed within Beluga, saving users time from finding bridges to transfer their assets. History of your project. Community Award Winner of Solana Summer Camp Hackathon What’s next for your project? Expand to zkSync, Optimism and Polygon What can your token be used for? Boost farming APR, vote in gauge weight and proposals, share protocol revenue

Where can I buy BELA Crypto?

You can buy Beluga Protocol on crypto on Sushiswap's Arbitrum Version.

Why should you buy Beluga Protocol?

Beluga 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 Beluga Protocol Crypto?

Step 1 - Setting up a Metamask Wallet

How to setup metamask for Arbitrum

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 Arbitrum One, we’ll need to add the Network. I’ll go over this very quickly. Just go over to https://arbiscan.io/.

Bottom right corner click here:

Add arbitrum one to metamask

Accept everything on your Metamask and you should have your Arbitrum 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: Arbitrum One
New RPC URL: https://arb1.arbitrum.io/rpc
Chain ID: 42161
Symbol: AETH
Block Explorer URL: https://arbiscan.io

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

Step 2 - Buy USDT on Simpleswap

To buy BELA, we first need to buy another coin so we can trade it for BELA. In this guide we chose to start by buying USDT (for the simplicity), trading it for ETH on the Arbitrum Chain to finally trade it for BELA. Unfortunately, without signing up to any regular exchange, we can't perform this exchange directly.

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 USDT, select USDT(ERC20) from the dropdown and click "Exchange", just like this:

Switch your Metamask Network to the Ethereum Mainnet: Buy Ethereum on Simpleswap

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 ETH balance in Metamask.

Step 3 - Swap USDT to ETH (Arbitrum) with Simpleswap

Now we're swapping the USDT we just bought for ETH on the Arbitrum Chain. Click here to access Simpleswap

Now that we're back on Simpleswap, we need to select the "Crypto Exchange" tab, and select USDT(ERC20) and ETH(Arbitrum) just like this:

Swap USDT to ETH(Arbitrum) with Simpleswap

and click "Exchange".

Click the Metamask logo to copy and paste your Metamask Address and click "Create Exchange".

Swap USDT to ETH(Arbitrum) with Simpleswap

Accept the transaction on Metamask and the process should start automatically. Now all you should do is wait, switch the network back to Arbitrum, and your Arbitrum ETH should appear in your Metamask balance.

Step 4 - Buy Beluga Protocol on SushiSwap with ETH

How to buy BELA on Sushiswap Arbitrum One

Sushiswap is currently the best Decentralized Exchanged for the Arbitrum Chain, and it's simply the best place to buy cryptocurrencies one Arbitrum that aren't available on sites like Coinbase or Binance.

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

How to add BELA to metamask on Arbitrum One

Select Custom Token and paste this token contract address there:

0x09090e22118b375f2c7b95420c04414e4bf68e1a

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

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

Let's buy some Beluga Protocol!

Go to Sushiswap. 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 Sushiswap. You need to make sure you're connected to the Arbitrum version. Make sure your metamask says Arbitrum on the top.

Select a token and paste the Token contract address: 0x09090e22118b375f2c7b95420c04414e4bf68e1a

Click Import and accept the terms.

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

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

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

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

Define slippage on Sushiswap

Check out Beluga Protocol links:

Website: https://arb.beluga.so
Twitter: https://twitter.com/belugadex
Telegram: https://t.me/belugadex
Explorer: https://arbiscan.io/token/0x09090e22118b375f2c7b95420c04414E4bf68e1A
Discord: https://discord.gg/7GRPZ6tW23

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