How to Buy Glitter Finance Crypto (XGLI)
What is Glitter Finance(XGLI)?
According to Coingecko, Glitter Finance is : The XGLI DAO The XGLI DAO’s primary purpose is to govern Glitter Finance’s powerful XGLI token. It empowers token holders to have a say in the direction and utility of XGLI and gives them some control over the future of Glitter Finance. There are four key aspects of Glitter that are either enabled or governed by the XGLI DAO. Development XGLI is the lifeblood that powers Glitter’s cross-chain ecosystem. It runs through swaps, plays a role in Rainbow Network node deployments, and, of course, allows participation in the DAO. While XGLI already has a broad range of utilities, this list will continue to grow as the protocol develops and grows. DAO members have direct input on this utility. Participants can propose new utilities and vote on resolutions regarding development, ensuring all stakeholders have a say in how the protocol grows. Listings As Glitter expands to support more blockchain networks, new XGLI listings will be needed to add the token to additional Decentralised Exchanges (DEXs) and Centralised Exchanges (CEXs). This is an important decision as it will dictate how some new users gain access to the broader Glitter ecosystem via the XGLI token. The DAO will have control over these listings, dictating where and when to list a token, as well as where to create staking pools to encourage liquidity provision. Community empowerment The XGLI DAO provides a platform for all stakeholders to come together and collaborate on important decisions that will shape the future of the Glitter Finance ecosystem. By placing power in the hands of the users who are invested in the future of the platform, the DAO helps to foster a strong and engaged community that is committed to the long-term success of Glitter. In keeping with the decentralized mission of the DAO, Glitter is committed to distributing a majority stake of XGLI tokens to the community. Only 10% of tokens are kept by the team, while the remainder will be used for rewards and incentives.
Where can I buy XGLI Crypto?
You can buy Glitter Finance on Bonfida. One of the best Decentralized Exchanges on Solana.
How to Buy Glitter Finance Crypto?
Step 1 - Setting up a Phantom Wallet
Phantom is by far the most used walled in the world of Solana. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Solana Network, Phantom will be your best friend. Setting up the wallet is also very simple and easy.
Head over to https://phantom.app/download and click on the browser that you're using to 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 Phantom. Click on 'Create a new wallet' Now type your password.' Choose a strong password for your Phantom 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 down every word 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, confirm everything is correct and click "Done". You should be done now with the wallet.
Step 2 - Buy Solana on Simpleswap
Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy SOL 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 SOL, and click "Exchange", just like this:
Now we need to copy our Solana address from the Phantom wallet. Open the Phantom extension, hover your account name and click the copy button on the Solana address, just like this:
After you copy your address, just paste into here:
And click "Create an Exchange"
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 - Swap SOL to Glitter Finance on Phantom
The easiest way to trade tokens on the Solana Chain is right on the Phantom wallet. Select this tab at the bottom
Before we swap SOL for XGLI, we need to prepare your Phantom Wallet to receive Glitter Finance. Open Phantom, Click "Manage Token List", and press the "+" this icon on the right.
This operation will have a small cost in SOL as you can see above.
Now fill in like this:- Mint Address: FsPncBfeDV3Uv9g6yyx1NnKidvUeCaAiT2NtBAPy17xg
- Name: Glitter Finance
- Symbol: XGLI
Click "Add", confirm and you should be done
You can check the price and confirm the correct token address of Glitter Finance on Coingecko.
Let's buy some Glitter Finance!
Click on this tab to access the swap tools
About You'll see the swap details. You now need to select the token you want to trade SOL to. So click on the token that you'll receive and choose Glitter Finance
Now select the amount of SOL you want to trade to XGLI
Make sure everything is correct, confirm and accept, and you should be done!
Wait a few minutes, and your XGLI should appear on your Phantom Wallet.
Congratulations! You are now a proud Investor of Glitter Finance!
Why should you buy Glitter Finance?
Glitter Finance 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.
Check out Glitter Finance links:
Please make sure you read our Disclaimer. We are not financial advisors.
