How to Buy Derp Crypto (DERP)
What is Derp DERP?
According to Coingecko, Derp is : DERP is the native token of DerpDEX.com on zkSync, Base and opBNB. DERP is used as a utility token within DerpDEX network and ecosystem such as paying for gas fees in DerpDEX and staking for xDERP with additional benefits within DERP ecosystem. DERP is the native utility token that is used for: - Staked token - xDERP token is introduced to incentivise for token holders - Staking privileges - Enable on-chain governance, whitelist for launchpad allocation, premium features and more. Benefits for xDERP stakers: - Enjoy protocol staking benefits from protocol earnings and usage - Access to governance voting for the long term health of the protocol - Whitelist allocation for Initial Derp Offering (IDO) - Cash-back for traders - … and more The total supply of Derp (DERP) is 100 trillion. The distribution of DERP is as follows: 8% – Liquidity and CEX Listing 1% – Foundation 10% – Team (2 years linear vesting with 30 days cliff) 9% – Investors (10% TGE, 2 years linear vesting with 30 days cliff) 2% - Private sale (30% TGE, 2 years linear vesting with 30 days cliff) 2% - Public sale (30% TGE, 3 months linear vesting with 30 days cliff) 48% - Ecosystem: Incentives, referral & airdrops 20% - DAO: Emission incentives DerpDEX was founded by [0ximderp](https://twitter.com/0ximderp) and experienced DeFi team, degens, traders and proven buidlers. DERP is available on [DerpDEX](https://coinmarketcap.com/exchanges/derpdex/), [Uniswap](https://coinmarketcap.com/exchanges/uniswap-v3/), [Gate.io](https://coinmarketcap.com/exchanges/gate-io/) and [MEXC](https://coinmarketcap.com/exchanges/mexc/).
Where can I buy DERP Crypto?
You can buy Derp on Uniswap.
Why should you buy Derp?
Derp 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 Derp 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 Derp 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 Derp. Open Metamask, scroll all the way down, and click here:
Select Custom Token and paste this token contract address there:
0x5dfc78c4d073fd343bc6661668948178522a0de5
The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive Derp (DERP).
You can check the price and confirm the correct token address of Derp on Coingecko.
Let's buy some Derp!
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: 0x5dfc78c4d073fd343bc6661668948178522a0de5
Click Import and accept the terms.
Now you have to select the amount of ETH you want to trade for DERP. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.
Wait a few minutes, and your DERP should appear on your Metamask Wallet.
Congratulations! You are now a proud Investor of Derp!
In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Uniswap's gear icon, and put 5% here:
Step 4 - Store Derp on Ledger
Check out our guide on how you can store Derp on Ledger's Hardware Wallet
Check out Derp links:
Website: https://derpdex.com/
Twitter: https://twitter.com/DerpDEXcom
Telegram: https://t.me/derpdex
Explorer: https://etherscan.io/address/0x5DfC78C4D073fD343BC6661668948178522A0DE5
Discord: https://discord.gg/gk3KgAQY
Please make sure you read our Disclaimer. We are not financial advisors.