How to Buy ChainEx Crypto (CEX)

What is ChainEx CEX?

According to Coingecko, ChainEx is : ChainEx is a cutting-edge blockchain infrastructure platform that focuses on improving user experience through account abstraction. Utilizing ERC-4337 and account abstraction, ChainEx provides a smart contract wallet solution that simplifies transactions and wallet management for users. This enables a more seamless interaction with decentralized applications (dApps), reducing the complexity and learning curve typically associated with blockchain technology. The ERC-4337 standard introduces a new object called “UserOperation” to the Ethereum network, enabling the functionality of smart wallets. When a user initiates a UserOperation, the “higher-layer pseudo-transaction object” is sent to a separate mempool specifically designated for processing ERC-4337 transactions, distinct from the main Ethereum network’s mempool.EIP-4337 presents a novel concept called a UserOperation, which is essentially a detailed description of a user's intended transaction. These UserOperations are collected in an alternative holding area, much like a pre-confirmation queue, known as an "alt mempool."In the Ethereum network ecosystem, there are specialized nodes referred to as "bundlers." These bundlers gather UserOperations from the alt mempool and compile them into a single, comprehensive transaction, aptly named a "bundle transaction."The bundle transaction is then directed to a unique and centralized smart contract on the blockchain, the "EntryPoint." As the only EntryPoint contract in existence, it plays a pivotal role in this process. Bundlers invoke a function on the EntryPoint called handleOps. ChainEx team createsan SDK which is an advanced tool designed for seamless integration with smart contracts, aligning with the ERC-4337 standard for account abstraction. This comprehensive guide focuses on utilizing the ChainEx SDK to enable gasless transactions and streamline interactions.

Where can I buy CEX Crypto?

You can buy ChainEx on Uniswap.

Why should you buy ChainEx?

ChainEx 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 ChainEx 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 ChainEx on Uniswap with ETH

Buy CEX 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 ChainEx. Open Metamask, scroll all the way down, and click here:

Select Custom Token and paste this token contract address there:

0xd01d133166820557db7138963bcd9009c54e4c33

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

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

Let's buy some ChainEx!

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: 0xd01d133166820557db7138963bcd9009c54e4c33

Click Import and accept the terms.

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

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

Congratulations! You are now a proud Investor of ChainEx!

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