How to Buy GeoDB Crypto (GEO)
What is GeoDB GEO?
According to Coingecko, GeoDB is : Geo token is a reward token of the official apps built on top of the Odin Protocol, such as the Wallace wallet. By using these apps and sharing your data, you can earn Geo tokens as a reward. These tokens can then be used to access advanced features on the Wallace wallet or can be used to buy data from the Odin Protocol's ecosystem by other companies and dApps. As more data is shared, it will be fed into AI and ML systems, allowing for better analysis and decision-making. Plus, users earn tokens anonymously.
Where can I buy GEO Crypto?
You can buy GeoDB on Uniswap.
Why should you buy GeoDB?
GeoDB 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 GeoDB 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 GeoDB 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 GeoDB. Open Metamask, scroll all the way down, and click here:
Select Custom Token and paste this token contract address there:
0x147faf8de9d8d8daae129b187f0d02d819126750
The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive GeoDB (GEO).
You can check the price and confirm the correct token address of GeoDB on Coingecko.
Let's buy some GeoDB!
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: 0x147faf8de9d8d8daae129b187f0d02d819126750
Click Import and accept the terms.
Now you have to select the amount of ETH you want to trade for GEO. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.
Wait a few minutes, and your GEO should appear on your Metamask Wallet.
Congratulations! You are now a proud Investor of GeoDB!
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 GeoDB on Ledger
Check out our guide on how you can store GeoDB on Ledger's Hardware Wallet
Check out GeoDB links:
Website: https://thedataverse.io/
Twitter: https://twitter.com/wallace_wallet
Telegram: https://t.me/WallaceWallet
Explorer: https://etherscan.io/token/0x147faf8de9d8d8daae129b187f0d02d819126750
Discord: https://discord.gg/odinprotocol
Please make sure you read our Disclaimer. We are not financial advisors.