How to Buy Lion Crypto (LION)

How to buy Lion Crypto

What is Lion Crypto?

According to Coingecko, Lion is : Lion Token is an experiment in decentralized spontaneous community building based on the Huobi Eco Chain, Binance Smart Chain, and GateChain. The total amount of LION Token is 20 billion and it automatically destroys one-thousandth of each transaction done for deflation. 5 Billion tokens have been sent to the LION/HT liquidity pool on the Huobi Eco Chain Heco for global users to exchange fairly and justly from 0. 5 billion tokens have been released on the Binance Smart Chain BSC, of which 50 million have been released in the LION/BNB liquidity pool for global users to redeem from 0 at a unified time, and 50 million have been airdropped to Twitter/Telegram community users. 4.9 billion pieces entered the mining pool for global users to mine. the other 10 billion tokens will be released on the GateChain and on the main chain that is recognised by the community in the future.

Where can I buy LION Crypto?

You can buy Lion on PancakeSwap.

Why should you buy Lion?

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.

Lion 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 Lion 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 Lion on PancakeSwap with BNB

How to buy Lion on PancakeSwap

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

How to add Lion to metamask

Select Custom Token and paste this token contract address there:

0x7969dc3c6e925bccbea9f7fc466a63c74f0115b8

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

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

Let's buy some LION!

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: 0x7969dc3c6e925bccbea9f7fc466a63c74f0115b8

Select it.

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

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

Congratulations! You are now a proud Investor of Lion!

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 Lion links:

logo

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