How to Buy Deliq Crypto (DLQ)

How to buy Deliq Crypto

What is Deliq (DLQ)?

According to Coingecko, Deliq is : Deliq is a protocol that enables protocol-owned liquidity on Avalanche by using a capital efficient and decentralized Liquidity-by-Staking model. Liquidity Providers (LPs) can provide single-sided liquidity to Deliq liquidity pools (DLPs) and earn yields for doing so. Liquidity in the pools is aggregated before deploying on exchanges. A unique three-layered impermanent loss (IL) mitigation mechanism ensures that LPs get 100% protection from IL for providing liquidity. Liquidity Directors (LDs) can stake $DLQ to direct liquidity from DLPs to various exchanges on Avalanche and own their liquidity while diversifying their treasury and generating a new revenue source for the protocol.

Where can I buy DLQ Crypto?

You can buy Deliq on Pangolin.

Why should you buy Deliq?

Deliq 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 Deliq Crypto?

Step 1 - Setting up a Metamask Wallet

How to setup 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 Avalanche Chain, we’ll need to add the Network. I’ll go over this very quickly. Just go over to https://snowtrace.io/.

Bottom right corner click here:

Add Avalanche Chain to Metamask

Accept everything on your Metamask and you should have your Polygon 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:

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

Step 2 - Buy Avax on Simpleswap

Buy Avax on Simpleswap

Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy AVAX 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 AVAX, and click "Exchange", just like this:

Buy Avax on Simpleswap

Now all you have to do is click the Metamask fox logo to directly copy and paste your Metamask Avax address. It should add it automatically.

Copy Avax address to simpleswap

You can now choose between Google Pay or card to complete the payment:

Buy Ethereum on Simpleswap

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 Deliq on Pangolin with AVAX

How to buy DLQ on Pangolin

Pangolin is one of the most famous decentralized exchanges in Avalanche.

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

How to add DLQ to metamask

Select Custom Token and paste this token contract address there:

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

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

Let's buy some Deliq!

Go to Pangolin. 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 Pangolin.

swap tokens on pangolin

Select a token and paste the Token contract address: 0x50c72103940d419fb64448f258f7eabba784f84b

Click Import and accept the terms.

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

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

Congratulations! You are now a proud Investor of Deliq!

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

Define slippage on Pangolin

Check out Deliq links:

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

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