How to Buy CZUSD Crypto (CZUSD)
What is CZUSD Crypto?
According to Coingecko, CZUSD is : CZUSD is a centrally managed currency with a dollar peg, created to facilitate seamless exchange within the CZODIAC ecosystem. The project focuses on unlocking liquidity for users by offering an easy way to convert BNB into CZUSD, transfer assets, and access a variety of products and services within the ecosystem. CZUSD operates differently than traditional stablecoins, as it functions more like a centrally managed currency with a dollar peg, allowing for greater control over its monetary policy to support growth within the ecosystem. One of the unique aspects of CZUSD is the implementation of both capital controls through the CzusdGate and a flexible exchange rate through the ScorchPeg technology. While the general goal is to maintain a 1:1 peg with BUSD, CZUSD may trade at different rates, and it should not be viewed as a strict rule. This flexibility ensures that CZUSD can adapt to market conditions and maintain a stable value in relation to USD. In the future, CZUSD plans to continue evolving and expanding its offerings within the CZODIAC ecosystem. This includes adding more BEP20 tokens, NFTs, and DeFi products for users to access and trade. The project's focus remains on providing a reliable and secure gateway for users to unlock liquidity and interact with the growing ecosystem. CZUSD can be used for various utilities within the CZODIAC ecosystem. Users can purchase a wide range of BEP20 tokens, such as LSDT, DGOD, LRT, and more. Additionally, CZUSD can be utilized to acquire NFTs like USTSD Silver Dollar NFTs and participate in DeFi products like CZUSD Notes. By offering these utilities, CZUSD aims to provide users with a comprehensive and versatile platform for accessing and trading various products and services within the CZODIAC ecosystem.
Where can I buy CZUSD Crypto?
You can buy CZUSD on PancakeSwap.
Why should you buy CZUSD?
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.
CZUSD 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 CZUSD 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 CZUSD on PancakeSwap with BNB
Before we head over to PancakeSwap, we need to prepare your Metamask Wallet to receive CZUSD. Open Metamask, scroll all the way down, and click here:
Select Custom Token and paste this token contract address there:
0xe68b79e51bf826534ff37aa9cee71a3842ee9c70
The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive CZUSD.
You can check the price of CZUSD, and confirm the Token Contract address on Coingecko.
Let's buy some CZUSD!
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: 0xe68b79e51bf826534ff37aa9cee71a3842ee9c70
Select it.
Now you have to select the amount of BNB you want to trade for CZUSD. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.
Wait a few minutes, and your CZUSD should appear on your Metamask Wallet.
Congratulations! You are now a proud Investor of CZUSD!
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 CZUSD links:
