How to Buy Marswap Crypto (MSWAP)

How to buy Marswap Crypto

What is Marswap MSWAP?

According to Coingecko, Marswap is : What is the MSWAP Token? The $MSWAP Token - Marswap stands as an Ethereum-based cryptocurrency designed with a distinctive purpose: to initiate the burning of SHIBA INU tokens during all its transactions. This innovative mechanism ensures that with every buy or sell, 2% of the transaction's value in SHIBA INU tokens is burned. As the governance token of Marswap DEX, operating on the Shibarium Chain, $MSWAP serves a vital role within the Marswap ecosystem. Marswap's primary objective is to evolve into a comprehensive DeFi hub, catering to a wide array of projects by offering tailored solutions. The token's total supply is capped at 1 trillion units, creating a controlled and calculated ecosystem. What Makes MSWAP Unique? The uniqueness of $MSWAP lies in its innovative tokenomics and its direct impact on SHIBA INU tokens. The burning mechanism, where 2% of SHIBA INU tokens are eradicated in each transaction, fosters a deflationary environment, potentially influencing the token's scarcity and value over time. This distinctive approach aligns with Marswap's vision to become a versatile DeFi platform for diverse projects, offering customized solutions that can set it apart from other tokens and projects in the space. History of MSWAP The journey of $MSWAP began with a vision to address inefficiencies in the DeFi landscape. It stemmed from the need to create a platform that caters to various crypto projects, offering them tailor-made solutions to their unique challenges. The burning mechanism was introduced as an ingenious way to establish a connection between $MSWAP and SHIBA INU, enhancing the token's significance within the larger crypto ecosystem. Over time, $MSWAP has grown to become the governance token of Marswap DEX on the Shibarium Chain, solidifying its role in shaping the future of DeFi. What's Next for MSWAP? The trajectory of $MSWAP is set to be dynamic and transformative. The team behind Marswap envisions the token evolving into the go-to destination for DeFi solutions for an array of crypto projects. With its unique burning mechanism and governance features, $MSWAP aims to establish itself as a significant player in the DeFi space, fostering innovation and collaboration across different blockchain projects. As the DeFi ecosystem continues to expand, $MSWAP intends to remain adaptable, offering innovative solutions that cater to the ever-changing needs of the crypto community. What Can MSWAP Be Used For? $MSWAP serves multiple purposes within the Marswap ecosystem. It acts as a governance token, allowing token holders to participate in decision-making processes that shape the development and direction of Marswap DEX. Additionally, the burning mechanism associated with $MSWAP creates potential value accrual for holders over time, thanks to the reduction in the supply of SHIBA INU tokens. As Marswap aims to provide tailored DeFi solutions, $MSWAP can be utilized to access various services, features, and opportunities offered by the platform. Whether it's participating in governance, benefiting from token scarcity dynamics, or accessing specialized DeFi services, $MSWAP holds a pivotal role within the Marswap ecosystem

Where can I buy MSWAP Crypto?

You can buy Marswap on Uniswap.

Why should you buy Marswap?

Marswap 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 Marswap Crypto?

Step 1 - Setting up a Metamask Wallet

How to setup 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

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:

Buy Ethereum on Simpleswap

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.

Buy Ethereum on Simpleswap

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

Buy Ethereum 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 Marswap on Uniswap with ETH

Buy MSWAP 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 Marswap. Open Metamask, scroll all the way down, and click here:

Add MSWAP token to Metamask

Select Custom Token and paste this token contract address there:

0x4be2b2c45b432ba362f198c08094017b61e3bdc6

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

You can check the price and confirm the correct token address of Marswap on Coingecko.

Let's buy some Marswap!

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: 0x4be2b2c45b432ba362f198c08094017b61e3bdc6

Click Import and accept the terms.

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

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

Congratulations! You are now a proud Investor of Marswap!

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

Adjust slippage on uniswap

Step 4 - Store Marswap on Ledger

Check out our guide on how you can store Marswap on Ledger's Hardware Wallet

Check out Marswap links:

Please make sure you read our Disclaimer. We are not financial advisors.

logo

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