How to Buy EdFi Crypto (EDFI)
What is EdFi EDFI?
According to Coingecko, EdFi is : What is the project about? The term comes from the roots of cryptocurrency users abbreviating categories such as Decentralized Finance (DeFi) & Gamified Finance (GameFi). EdFi aims to become an educational ecosystem for all things crypto based. EdFi aims to provide the necessary tools for Web3 Education and become a provider for educational content. What makes your project unique? EdFi uses AI technology, DeFi & Blockchain elements to connect the gap between Web 2 Education & Web 3 Education. History of your project. EdFi is a fair launched, community driven project which focuses on fair distribution of the token. We believe that Educational Finance is an important category in the crypto space What’s next for your project? We are rolling out products on our EdFi ecosystem, EdFi Suite which these products are tools for users to utilize and get more educated in the Web 3 space. What can your token be used for? EdFi token is extremely important to its ecosystem. Users can stake their tokens and earn APR, they will also need it to subscribe to the platform in order to use our products.
Where can I buy EDFI Crypto?
You can buy EdFi on Uniswap.
Why should you buy EdFi?
EdFi 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 EdFi 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 EdFi 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 EdFi. Open Metamask, scroll all the way down, and click here:
Select Custom Token and paste this token contract address there:
0x76c81e322fe678f9391029d571453fad9bc9e73e
The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive EdFi (EDFI).
You can check the price and confirm the correct token address of EdFi on Coingecko.
Let's buy some EdFi!
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: 0x76c81e322fe678f9391029d571453fad9bc9e73e
Click Import and accept the terms.
Now you have to select the amount of ETH you want to trade for EDFI. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.
Wait a few minutes, and your EDFI should appear on your Metamask Wallet.
Congratulations! You are now a proud Investor of EdFi!
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 EdFi on Ledger
Check out our guide on how you can store EdFi on Ledger's Hardware Wallet
Check out EdFi links:
Website: https://edfi.io/
Twitter: https://twitter.com/edfi_io
Telegram: https://t.me/EdFi_Chat
Explorer: https://etherscan.io/token/0x76c81e322fe678f9391029d571453fad9bc9e73e
Please make sure you read our Disclaimer. We are not financial advisors.