How to Buy Fractal Protocol Vault Crypto (USDF)
What is Fractal Protocol Vault USDF?
According to Coingecko, Fractal Protocol Vault is : What is the project about? Fractal is an infrastructure provider enabling institutions to clear, settle, and margin digital asset trades on-chain. Fractal is backed by 6th Man Ventures (6MV), Archetype Ventures, Blizzard the Avalanche Fund LP, Circle Ventures, CMT Digital, CoinShares, GoldenTree Asset Management, QCP Capital, Spartan Group, Akshai Rajendran, Anand Gomes, Josh Frank, Shiliang Tang and Sid Powell. What makes your project unique? Fractal is the only institutional-grade cross margin platform that is on-chain. History of your project. Company was initially built and spun out of LedgerPrime over 1 year ago, and closed a $6M fundraise Dec 2022: https://www.theblock.co/post/226652/crypto-transparency-fractal-raises-6-million-to-reshape-market-structure-after-ftx-3ac What’s next for your project? Currently scaling institutional positions on-chain. What can your token be used for? USDF is the receipt token of our permissionless lending pool. The deposits are used to make loan to client subaccounts for leverage and capital efficiency. All borrowers on the platform are institutional and run through a KYC/KYB process
Where can I buy USDF Crypto?
You can buy Fractal Protocol Vault on Uniswap.
Why should you buy Fractal Protocol Vault?
Fractal Protocol Vault 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 Fractal Protocol Vault 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 Fractal Protocol Vault 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 Fractal Protocol Vault. Open Metamask, scroll all the way down, and click here:
Select Custom Token and paste this token contract address there:
0x51acb1ea45c1ec2512ae4202b9076c13016dc8aa
The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive Fractal Protocol Vault (USDF).
You can check the price and confirm the correct token address of Fractal Protocol Vault on Coingecko.
Let's buy some Fractal Protocol Vault!
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: 0x51acb1ea45c1ec2512ae4202b9076c13016dc8aa
Click Import and accept the terms.
Now you have to select the amount of ETH you want to trade for USDF. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.
Wait a few minutes, and your USDF should appear on your Metamask Wallet.
Congratulations! You are now a proud Investor of Fractal Protocol Vault!
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 Fractal Protocol Vault on Ledger
Check out our guide on how you can store Fractal Protocol Vault on Ledger's Hardware Wallet
Check out Fractal Protocol Vault links:
Please make sure you read our Disclaimer. We are not financial advisors.