How to Buy Ethereum Volatility Index Token Crypto (ETHV)

How to buy Ethereum Volatility Index Token Crypto

What is Ethereum Volatility Index Token ETHV?

According to Coingecko, Ethereum Volatility Index Token is : Volmex (volmex.finance) is a protocol for tokenized volaitlity built on Ethereum. The protocol enables VIX-like indices for crypto-assets and trading functionality piowered by smart contracts. Volmex protocol can be used to create volatility indexes and tradable tokens for crypto assets. Traders can leverage the protocol to express a view on the expected volatility of Bitcoin, Ethereum, and more. Volmex Labs, the builder of volmex.finance, is backed by leading crypto investment and trading firms including Three Arrows Capital, Alameda Research, Robot Ventures, CMS Holdings, and Orthogonal Trading. The Ethereum Volatility Index Token (ETHV) aims to track the reference Ethereum volatility index price, a measure of Ethereum's expected volatility over the next 30 days, available on the Volmex API: https://api.volmex.finance/graphql

Where can I buy ETHV Crypto?

You can buy Ethereum Volatility Index Token on Uniswap.

Why should you buy Ethereum Volatility Index Token?

Ethereum Volatility Index Token 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 Ethereum Volatility Index Token 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 Ethereum Volatility Index Token on Uniswap with ETH

Buy ETHV 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 Ethereum Volatility Index Token. Open Metamask, scroll all the way down, and click here:

Add ETHV token to Metamask

Select Custom Token and paste this token contract address there:

0xc53342fd7575f572b0ff4569e31941a5b821ac76

The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive Ethereum Volatility Index Token (ETHV).

You can check the price and confirm the correct token address of Ethereum Volatility Index Token on Coingecko.

Let's buy some Ethereum Volatility Index Token!

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: 0xc53342fd7575f572b0ff4569e31941a5b821ac76

Click Import and accept the terms.

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

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

Congratulations! You are now a proud Investor of Ethereum Volatility Index Token!

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 Ethereum Volatility Index Token on Ledger

Check out our guide on how you can store Ethereum Volatility Index Token on Ledger's Hardware Wallet

Check out Ethereum Volatility Index Token links:

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

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