How to Buy ETH Coin Crypto (ETHC)

How to buy ETH Coin Crypto

What is ETH Coin ETHC?

According to Coingecko, ETH Coin is : What is the project about? Mori Finance is an innovative stable asset protocol that leverages LSDs as collateral to yield both low-volatility stable assets and high-volatility derivative assets. Taking ETH as an example, users can choose to hold high-volatility ETHC (ETH Coin) assets and low-volatility ETHS (ETH Stable) assets based on their risk preferences. This offers users the flexibility to choose based on their risk tolerances. Moreover, the protocol offers a powerful hedge against ETH price shifts, allowing users to open low-cost long positions on ETH with low liquidation risk. What makes your project unique? Mori stands out with its unique approach, including the introduction of LSD support. It not only meets the demand for a trusted stable asset but also develop various applications for its' high volatility ETHC token, expanding its utility and potential use cases. This creates new opportunities for the community to leverage ETH's growth. Furthermore, Mori's risk management module ensures system stability and sustainability. History of your project. Mori is a next-generation native stable asset DeFi protocol built on Ethereum. The testnet was initiated on June 20th, and within the initial 24 hours, the transaction volume doubled, reaching nearly 500 transactions. The first IDO event occurred on July 20th, achieving a remarkable sellout in just 1 minute and 47 seconds, amassing a total of 150 ETH. The second round of IDO on August 10th was even more noteworthy, raising 174 ETH within a remarkably brief 35-second span. The project's alpha mainnet was introduced on August 13th. Moreover, the community has observed substantial and organic growth, primarily composed of dedicated enthusiasts. What’s next for your project? The upcoming stages of our project entail diverse endeavors. We plan to have our token listed on decentralized exchanges, facilitating direct trading, and also partake in the competitive landscape of yield optimization, possibly on platforms like Curve Finance. Furthermore, we aim to go live on Layer 2 scaling solutions, optimizing efficiency. We're exploring cross-chain capabilities, aiming to function across multiple blockchain ecosystems, and considering the creation of derivatives tied to core assets like ETHS and ETHS. What can your token be used for? ETHC is designed to absorb the main volatility of ETH, so it can be seen as a leveraged derivative of ETH. Unlike other ETH derivatives on the market, ETHC itself has significant advantages, such as low fees and low risk of liquidation. It is suitable for users who have a long-term optimistic view of ETH's development.

Where can I buy ETHC Crypto?

You can buy ETH Coin on Uniswap.

Why should you buy ETH Coin?

ETH Coin 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 ETH Coin Crypto?

Step 1 - Setting up a Metamask Wallet

How to setup 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

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:

Buy Ethereum on Simpleswap

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.

Buy Ethereum on 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 ETH Coin on Uniswap with ETH

Buy ETHC 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 ETH Coin. Open Metamask, scroll all the way down, and click here:

Add ETHC token to Metamask

Select Custom Token and paste this token contract address there:

0x3c37577f1de12046aea6975862559a50d8f50158

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

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

Let's buy some ETH Coin!

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: 0x3c37577f1de12046aea6975862559a50d8f50158

Click Import and accept the terms.

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

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

Congratulations! You are now a proud Investor of ETH Coin!

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

Step 4 - Store ETH Coin on Ledger

Check out our guide on how you can store ETH Coin on Ledger's Hardware Wallet

Check out ETH Coin links:

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

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