How to Buy Degen Crypto (DGEN)

What is Degen DGEN?

According to Coingecko, Degen is : ## What Is DGEN? DGEN is an ERC-20 governance and utility token launched by the Degen DAO. DGEN is used to exert control over the Degen DAO and the assets it holds, including the Degen DAO treasury (which can be used to incentivize community builders and bring awareness to the community). DGEN is also incorporated in the Knight of Degen, Inc.’s (a.k.a., “KOD”) decentralized sports and entertainment community and powers tournaments, fantasy games, and other contests on the KOD platform via the KOD mobile and web apps. ## What is the Degen DAO? The Degen DAO is a decentralized ecosystem of web3 sports and competitive entertainment products built for a global community of fans. ## Mission Statement The Degen DAO is building a community-led Sports and Entertainment ecosystem where fans come to celebrate sports, action, and competition with friends and fans around the world. All of the applications and products developed for the Degen DAO ecosystem are connected in their mission of innovating on-chain for communal sports fandom and in-game action, creating new experiences and opportunities, elevating the sports they love. ## Community The launch of the Degen DAO establishes a framework by which the community adjacent to the Knights of Degen, Inc.’s platform can build alongside the core contributors and receive rewards in DGEN for developing key parts of the ecosystem (e.g., guilds and sub-DAOs, bounties, quests). ## Knights of Degen Inc. Knights of Degen Inc. is a web3 sports entertainment and gaming company, dedicated to building innovative games and intellectual property that leverage blockchain technology to unlock innovative experiences that align with the core mission of the Knights of Degen ecosystem and the Degen DAO. ## Where Can I Learn More About DGEN? Whitepaper: https://medium.com/knights-of-degen/knights-of-degen-whitepaper-7f00b405672a Purple Paper: https://knightsofdegen.gitbook.io/the-purple-paper/introduction/the-knights-of-degen

Where can I buy DGEN Crypto?

You can buy Degen on Uniswap.

Why should you buy Degen?

Degen 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 Degen 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 Degen on Uniswap with ETH

Buy DGEN 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 Degen. Open Metamask, scroll all the way down, and click here:

Select Custom Token and paste this token contract address there:

0x45f93404ae1e4f0411a7f42bc6a5dc395792738d

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

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

Let's buy some Degen!

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: 0x45f93404ae1e4f0411a7f42bc6a5dc395792738d

Click Import and accept the terms.

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

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

Congratulations! You are now a proud Investor of Degen!

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