How to Buy GEURO Crypto (GEURO)

How to buy GEURO Crypto

What is GEURO Crypto?

According to Coingecko, GEURO is : What is the project about? GEURO is a stabletoken pegged to the Euro and is backed by Binance Coin (BNB) stored in a smart contract. Users can mint GEURO tokens by providing BNB collateral through the mint function and can also redeem their GEURO tokens without facing high withdrawal minimums. What makes your project unique? The GEURO project leverages blockchain technology and smart contracts to create a decentralized and transparent financial instrument that offers stability, security, and accessibility to users. Its key features are: • Decentralized Backed Assets: GEURO's collateral is stored in a smart contract, ensuring transparency and security. • Flexible Minting and Redeeming: Users can easily mint and redeem GEURO tokens without facing high withdrawal minimums, providing greater control over their assets. • Smart Contract Security: GEURO's smart contract is designed with robust security features to protect users' funds and ensure the integrity of the platform. History of your project. GEURO launched on the Binance Smart Chain on April 03, 2023 with a supply of 1 million GEURO tokens created at genesis. GEURO is part of GameGuru, a cryptogaming ecosystem that has been launched by parent company Marketing Guru, whose founder and CEO is Yassir Amechghale. What’s next for your project? The next steps for the GEURO team plans is to develop and launch the GEURO dApp, allowing users to interact with the smart contract's various functions. Once the project reaches a 10 million market cap, the team plans to list the token on major centralized exchanges (CEXs). In the first quarter of 2024, the GEURO team will focus on expanding the ecosystem through strategic partnerships and integrations with other DeFi platforms and services. What can your token be used for? GEURO addresses many of the limitations associated with traditional stablecoins and can be used as a safe, decentralized store of value with backed assets within the smart contract.

Where can I buy GEURO Crypto?

You can buy GEURO on PancakeSwap.

Why should you buy GEURO?

Binance Smart Chain has been gaining a lot of traction lately. The main motivation for this is the very low fees that it offers. Ethereum gas fees are way beyond acceptable. I've seen transaction fees of 100$+ in Uniswap, and nobody wants to pay that. Ethereum 2.0 has been in the works for years now, and there is still no solution for these absurd gas fees on the Ethereum Network.

GEURO is amongst the best projects on BSC.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 GEURO Crypto?

Step 1 - Setting up a Metamask Wallet

Setting up metamask

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.

Now since we are using the Binance Smart Chain, we'll need to add the Network. I'll go over this very quickly. If you need a more in-depth tutorial for this part, you can check out Binance's tutorial right here.

Click on the upper right corner where you see the image and then click Settings. Select Networks and click on Add Network.

Fill out the boxes with this info:

Network Name: Smart Chain

New RPC URL: https://bsc-dataseed.binance.org/

ChainID: 56

Symbol: BNB

Block Explorer URL: https://bscscan.com

Click Save, and now you have Binance Smart Chain installed on your Metamask.

Step 2 - Buy BNB on Simpleswap

Buy BNB on Simpleswap

Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy BNB 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 BNB, and click "Exchange", just like this:

Buy BNB on Simpleswap

Now all you have to do is click the Metamask fox logo to directly copy and paste your Metamask BNB address. It should add it automatically.

Copy BNB address

You can now choose between Google Pay or card to complete the payment:

Buy BNB 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 GEURO on PancakeSwap with BNB

How to buy GEURO on PancakeSwap

Before we head over to PancakeSwap, we need to prepare your Metamask Wallet to receive GEURO. Open Metamask, scroll all the way down, and click here:

How to add GEURO to metamask

Select Custom Token and paste this token contract address there:

0x6f13b1fb6b2897bb40adbc09f7f6cfad181c0904

The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive GEURO.

You can check the price of GEURO, and confirm the Token Contract address on Coingecko.

Let's buy some GEURO!

Go to Pancakeswap. 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 Pancakeswap.

Click on Select Token and paste this contract address: 0x6f13b1fb6b2897bb40adbc09f7f6cfad181c0904

Select it.

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

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

Congratulations! You are now a proud Investor of GEURO!

In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Pancakeswap's gear icon, and put 5% here:

How to Set slippage on PancakeSwap

Check out GEURO links:

logo

© Copyright 2024 | The Crypto Gem | All Rights Reserved |