How to Buy Connex Crypto (CONX)
What is Connex Crypto?
According to Coingecko, Connex is : What is the project about? Web3 provides young individuals – regardless of job position – the ability to become an expert in this growing field without having to climb the decades-long latter to reach a level where you can contribute meaningfully to a company or specific field of work. The smartest people in the world are moving into Web3 – exiting FANG companies – and joining crypto companies or DAOs. What makes your project unique? Connex aims to build a permissionless, open, and collaborative Web3 professional network. The CONX token is an essential component to such infrastructures as it functions as the governance token, incentivizes user participation, and serves as the primary payment token of the Connex ecosystem. Connex is designed to reward high integrity and proof of fraud. CONX tokens are used to reward the platform users. CONX can be used for rewarding people who upload their CVs with high quality, or reward people who get most viewed and liked. The amount of CONX tokens rewarded will be determined through the voting and governance feature of the platform. People who create circles on Connex and share their valuable views about the circle topics are also welcomed by the platform. What can your token be used for? Pay for Subscription CONX is paid in exchange for subscribing a company or subscribe a SME in the field for talent recruitment and hiring purposes. This would allow them to view and like the CVs uploaded by users of Connex. Pay for Credential CONX is paid in exchange for viewing personal on-chain and off-chain credentials of the users. Companies and SMEs may identify their candidates more easily and accurately with the platform’s on-chain and off-chain labels. Pay for Circle CONX is used for entering a professional circle, where they may share their valuable views on Circle topics. Users who share their views on Circle will be rewarded with CONX tokens. The amount of CONX tokens rewarded will be determined by tokenholders through the voting and governance feature of the Platform. Pay for Exposure CONX is used for a better exposure of a company or people. Companies or SMEs may use their subscription of the Platform for marketing and branding purposes, such as to increase their exposure to users and to build their brands by providing users with details of their respective companies, including their products and services, vision and mission statements, job vacancy descriptions, reasons for joining their respective companies etc. Governance CONX is used for voting & governance in Connex DAO, including voting on the fees to be paid by users, companies and SMEs to use the platform, the subscription fee to create and enter the Circle, the use of the tokens in the Community Treasure and the accuracy of a job or CV. Integrity Assessment CONX can be staked against any job or credential on the platform to ensure and vouch for the credibility of the job or CVs for an exposure period. If the credibility of the job or CV is not challenged, then the tokenholder who staked the CONX tokens will be rewarded with more CONX tokens. However, if the credibility of the job or CV is challenged and the information therein is proved to be inaccurate, then the staked token will be burnt. The determination of the accuracy of the job or CV is conducted on-chain through the voting and governance feature of the Platform. While there may be plans to reward successful challengers of such job or CVs, and earn CONX tokens for such participation, this is in the process of being established and is currently not a feature of the platform. For the avoidance of doubt, the CONX tokens do not confer upon tokenholders any right to rewards by virtue of their holding of the CONX tokens only, but is a right to vouch for the credibility of a specific job or credentials on the platform on staking of the CONX tokens which, in turn, grants right to rewards on determination of the credibility of such job or credentials based on the exercise of voting rights and participation in platform governance by the tokenholders after their staking of the CONX tokens. Community Treasure 20% of the total supply of the token will be distributed to the Community Treasure, which is intended to be used to reward users who boost the platform’s growth and usage. For example, users will be rewarded when they recommend their friends, who have the capability and who are willing to work in the Web3 industry, to use the platform. Users who suggest new platform features to boost platform usage and smoothen the integration between the platform and other major talent hiring sites will also be rewarded. The amount of CONX tokens rewarded or decision on whether to adopt the new platform features will be determined by tokenholders through the voting and governance feature of the platform.
Where can I buy CONX Crypto?
You can buy Connex on PancakeSwap.
Why should you buy Connex?
Binance Smart Chain has been gaining a lot of traction lately. The main motivation for this is the very low fees that it offers. Ethereum gas fees are way beyond acceptable. I've seen transaction fees of 100$+ in Uniswap, and nobody wants to pay that. Ethereum 2.0 has been in the works for years now, and there is still no solution for these absurd gas fees on the Ethereum Network.
Connex is amongst the best projects on BSC.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 Connex 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.
Now since we are using the Binance Smart Chain, we'll need to add the Network. I'll go over this very quickly. If you need a more in-depth tutorial for this part, you can check out Binance's tutorial right here.
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: Smart Chain
New RPC URL: https://bsc-dataseed.binance.org/
ChainID: 56
Symbol: BNB
Block Explorer URL: https://bscscan.com
Click Save, and now you have Binance Smart Chain installed on your Metamask.
Step 2 - Buy BNB on Simpleswap
Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy BNB 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 BNB, 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 BNB 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 Connex on PancakeSwap with BNB
Before we head over to PancakeSwap, we need to prepare your Metamask Wallet to receive CONX. Open Metamask, scroll all the way down, and click here:
Select Custom Token and paste this token contract address there:
0x1b2128abc4119474d16bb0a04200b63b0e68a971
The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive CONX.
You can check the price of Connex, and confirm the Token Contract address on Coingecko.
Let's buy some CONX!
Go to Pancakeswap. 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 Pancakeswap.
Click on Select Token and paste this contract address: 0x1b2128abc4119474d16bb0a04200b63b0e68a971
Select it.
Now you have to select the amount of BNB you want to trade for CONX. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.
Wait a few minutes, and your CONX should appear on your Metamask Wallet.
Congratulations! You are now a proud Investor of Connex!
In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Pancakeswap's gear icon, and put 5% here:
Check out Connex links:
Website: https://connex.social/
Twitter: https://twitter.com/ConnexSocial
Telegram: https://t.me/ConnexSocial
Explorer: https://bscscan.com/token/0x1b2128AbC4119474D16Bb0a04200B63B0e68A971