How to Buy LSDx Finance Crypto (LSD)
What is LSDx Finance LSD?
According to Coingecko, LSDx Finance is : What is the project about? LSDx is an ultra-liquid protocol for all LSD. We aim to optimize the financial value of liquid staking derivatives (LSD) assets, addressing their limited liquidity and lack of diverse financial scenarios that hinder their connection with various DeFi protocols. What makes your project unique? LSDx seeks to establish a protocol that caters specifically to LSD assets, enabling them to unlock greater liquidity and a wider range of financial scenarios, while delivering higher underlying returns. By enhancing the value proposition of LSD assets, LSDx is committed to promoting the success of LSD projects and promoting their visibility within the crypto ecosystem. History of your project. Project just launched a day ago and the TVL increased dramatically to over 30000 ETH. More to come soon. What’s next for your project? ETHx is coming. It is a basket of assets containing various types of Ethereum-based LSD, and it has built-in native LSD fast exchange. ETHx allows users to mint it with ETH, stETH, fraxETH or rETH, providing flexibility and convenience for users. It's designed to achieve the most optimal ratio based on liquidity, safety, interest, and DAO involvement. What can your token be used for? Governance purpose and farming opportunities
Where can I buy LSD Crypto?
You can buy LSDx Finance on Uniswap.
Why should you buy LSDx Finance?
LSDx 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.
How to Buy LSDx Finance 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 LSDx Finance 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 LSDx Finance. Open Metamask, scroll all the way down, and click here:
Select Custom Token and paste this token contract address there:
0xfac77a24e52b463ba9857d6b758ba41ae20e31ff
The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive LSDx Finance (LSD).
You can check the price and confirm the correct token address of LSDx Finance on Coingecko.
Let's buy some LSDx Finance!
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: 0xfac77a24e52b463ba9857d6b758ba41ae20e31ff
Click Import and accept the terms.
Now you have to select the amount of ETH you want to trade for LSD. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.
Wait a few minutes, and your LSD should appear on your Metamask Wallet.
Congratulations! You are now a proud Investor of LSDx Finance!
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 LSDx Finance on Ledger
Check out our guide on how you can store LSDx Finance on Ledger's Hardware Wallet
Check out LSDx Finance links:
Please make sure you read our Disclaimer. We are not financial advisors.