How to Buy Octo Crypto (OCTO)

What is Octo OCTO?

According to Coingecko, Octo is : What is the project about? OctoLSD is the first LSD LAADP (LSD Liquidity aggregation and distribution protocol), which is governed by OctoDAO and aims to unlock the great potential of LSD. By aggregating LSD assets and distributing them to various application scenarios, the LSD LAADP provides a more efficient and accessible way to manage and deploy LSD assets. What makes your project unique? We aim to consolidate various LSD assets and use a decentralized mechanism to reasonably price them as high-quality and liquidity-concentrated $OcETH, facilitating the circulation of LSD assets in the future. After aggregating various LSD assets and integrating them into $OcETH, the protocol will open up to various LSD-related DeFi applications, enriching the application scenarios of $OcETH and providing high-quality LSD liquidity for these DeFi applications. In addition, various financial scenarios can be extended based on the Ethereum Benchmark Interest Rate and bond theory. History of your project. ETH staking is a public good for the Ethereum ecosystem. Any user with any amount of ETH can help secure the network and earn rewards in the process. What’s next for your project? 2023 Q2 ：Release $LSDD(LSD-Dollar). It is an interest-bearing stablecoin backed by LSD. 2023 Q2~Q3：Bring OctoLSD to L2. Launch on Arbitrum and ZKsync. 2023 Q3：Release OctoLSD LaunchPad. The LSD Liquidity distribution layer starts running. $Octo War is coming! 2023 Q3~Q4：Start the plan of promoting $ocETH to become the underlying asset of Decentralized stablecoin (eg. DAI). This includes a $MKR acquisition program. What can your token be used for? The $Octo is a transferable ERC20 token, designed to capture the value of the OctoLSD protocol.

Where can I buy OCTO Crypto?

You can buy Octo on Uniswap.

Why should you buy Octo?

Octo 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 Octo 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 Octo on Uniswap with ETH

Buy OCTO 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 Octo. Open Metamask, scroll all the way down, and click here:

Select Custom Token and paste this token contract address there:

0x52dec19feef469d7a683963b7380ecd0b1aff9c7

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

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

Let's buy some Octo!

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: 0x52dec19feef469d7a683963b7380ecd0b1aff9c7

Click Import and accept the terms.

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

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

Congratulations! You are now a proud Investor of Octo!

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