How to Buy Dot Names Crypto (DNS)
What is Dot Names DNS?
According to Coingecko, Dot Names is : dotName is the first multichain decentralized name service. A dotName is a digital identity that can be used to store anything. This includes bios, personal info, or specific information. The possibilities are endless. And all this data is owned and controlled by you, and cannot be used, modified or sold without your permission. The primary purpose of the Dotnames name service is to translate an alphanumeric address to an alias that is user-friendly and meaningful into a Arbitrum address and vice versa. This translation should be consistent across the globe, so that all participants on the blockchain have the same address associated with an alias. We continuously giveback to our community. With a 6% buy and sell tax and 50% of the revenue earned from selling the names will be used for community giveaways, buybacks and constant
Where can I buy DNS Crypto?
You can buy Dot Names on Uniswap.
Why should you buy Dot Names?
Dot Names 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 Dot Names 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 Dot Names 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 Dot Names. Open Metamask, scroll all the way down, and click here:
Select Custom Token and paste this token contract address there:
0x6c5aa4244113e77414386630b7f963dbe1b4d73d
The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive Dot Names (DNS).
You can check the price and confirm the correct token address of Dot Names on Coingecko.
Let's buy some Dot Names!
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: 0x6c5aa4244113e77414386630b7f963dbe1b4d73d
Click Import and accept the terms.
Now you have to select the amount of ETH you want to trade for DNS. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.
Wait a few minutes, and your DNS should appear on your Metamask Wallet.
Congratulations! You are now a proud Investor of Dot Names!
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 Dot Names on Ledger
Check out our guide on how you can store Dot Names on Ledger's Hardware Wallet
Check out Dot Names links:
Website: https://dotnames.xyz/
Twitter: https://twitter.com/dotnames_dns
Telegram: https://t.me/dotnames_p
Explorer: https://etherscan.io/token/0x6c5aa4244113e77414386630b7f963dbe1b4d73d
Please make sure you read our Disclaimer. We are not financial advisors.