How to Buy GenomesDAO Crypto ($GENE)
What is GenomesDAO $GENE?
According to Coingecko, GenomesDAO is : We believe you should own your own genome, the DNA blueprint of what makes you who you are, so we built Genomes.io. Genomes.io is a private and secure DNA data bank that puts you back in control of your genome utilising AMD SVS-ES Vault and blockchain technology. By addressing privacy, security and ownership concerns of DNA testing and sharing, we are building the world’s largest user-owned genomic data bank to secure the future of personalised medicine. GENE is a deflationary utility token that pharmaceutical companies and research organisations use to offer users for querying their data. Genomes.io brokers the queries and it is up to individuals whether they want to approve this query. GENE is an ERC-20 token on the Ethereum blockchain. Data buyers eg. Pharmaceutical companies and Research organisations will be able to set the price that they offer folks for each query. This will be translated into GENE tokens for costeffectiveness. This is why the tokens have value.
Where can I buy $GENE Crypto?
You can buy GenomesDAO on Uniswap.
Why should you buy GenomesDAO?
GenomesDAO 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 GenomesDAO 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 GenomesDAO 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 GenomesDAO. Open Metamask, scroll all the way down, and click here:
Select Custom Token and paste this token contract address there:
0x21413c119b0c11c5d96ae1bd328917bc5c8ed67e
The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive GenomesDAO ($GENE).
You can check the price and confirm the correct token address of GenomesDAO on Coingecko.
Let's buy some GenomesDAO!
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: 0x21413c119b0c11c5d96ae1bd328917bc5c8ed67e
Click Import and accept the terms.
Now you have to select the amount of ETH you want to trade for $GENE. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.
Wait a few minutes, and your $GENE should appear on your Metamask Wallet.
Congratulations! You are now a proud Investor of GenomesDAO!
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 GenomesDAO on Ledger
Check out our guide on how you can store GenomesDAO on Ledger's Hardware Wallet
Check out GenomesDAO links:
Please make sure you read our Disclaimer. We are not financial advisors.