How to Buy OtterHome Crypto (HOME)
What is OtterHome (HOME)?
According to Coingecko, OtterHome is : OtterHome is a decentralized finance (DeFi) project that aims to provide a user-friendly and efficient trading experience in the cryptocurrency market. Built on the Arbitrum Layer2 network, OtterHome leverages the power of optimistic rollups to enhance transaction throughput, reduce fees, and ensure the security and decentralization of the platform. What sets OtterHome apart is its focus on simplicity and efficiency. The project aims to offer a seamless decentralized exchange (DEX) platform, similar to UniSwap, where users can easily swap tokens and provide liquidity. By prioritizing user experience, OtterHome aims to attract both experienced and novice traders to participate in the DeFi space. The project has a solid history of development and has undergone rigorous testing and auditing to ensure the integrity and security of its smart contracts. OtterHome has also established partnerships with reputable exchanges such as Gate, MEXC, SushiSwap, and LFGSwap, expanding its reach and accessibility to a wider user base. Moving forward, OtterHome has exciting plans for its ecosystem. The project will focus on expanding its liquidity pools, attracting more liquidity providers, and enhancing the overall trading experience. OtterHome will also continue to collaborate with strategic partners to foster adoption and drive innovation within the DeFi industry. The native token of OtterHome, $Home, serves as a utility token within the ecosystem. It can be used for governance purposes, enabling token holders to participate in decision-making processes related to the platform's development and future upgrades. Additionally, $Home can be utilized for fee discounts, incentivizing users to actively engage in trading and providing liquidity on the platform. In summary, OtterHome is a user-centric DeFi project built on the Arbitrum Layer2 network. With its focus on simplicity, efficiency, and security, OtterHome aims to provide a seamless trading experience for users in the crypto
Where can I buy HOME Crypto?
You can buy OtterHome on crypto on Sushiswap's Arbitrum Version.
Why should you buy OtterHome?
OtterHome 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 OtterHome 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.
Now since we are using the Arbitrum One, we’ll need to add the Network. I’ll go over this very quickly. Just go over to https://arbiscan.io/.
Bottom right corner click here:
Accept everything on your Metamask and you should have your Arbitrum Network configured and the network switched to it.
Alternatively you can add the network manually like this:
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: Arbitrum One
- New RPC URL: https://arb1.arbitrum.io/rpc
- Chain ID: 42161
- Symbol: AETH
- Block Explorer URL: https://arbiscan.io
Click Save, and now you have Arbitrum ONE installed on your Metamask.
Step 2 - Buy USDT on Simpleswap
To buy HOME, we first need to buy another coin so we can trade it for HOME. In this guide we chose to start by buying USDT (for the simplicity), trading it for ETH on the Arbitrum Chain to finally trade it for HOME. Unfortunately, without signing up to any regular exchange, we can't perform this exchange directly.
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 USDT, select USDT(ERC20) from the dropdown and click "Exchange", just like this:
Switch your Metamask Network to the Ethereum Mainnet: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 ETH balance in Metamask.
Step 3 - Swap USDT to ETH (Arbitrum) with Simpleswap
Now we're swapping the USDT we just bought for ETH on the Arbitrum Chain. Click here to access SimpleswapNow that we're back on Simpleswap, we need to select the "Crypto Exchange" tab, and select USDT(ERC20) and ETH(Arbitrum) just like this:
and click "Exchange".Click the Metamask logo to copy and paste your Metamask Address and click "Create Exchange".
Accept the transaction on Metamask and the process should start automatically. Now all you should do is wait, switch the network back to Arbitrum, and your Arbitrum ETH should appear in your Metamask balance.
Step 4 - Buy OtterHome on SushiSwap with ETH
Sushiswap is currently the best Decentralized Exchanged for the Arbitrum Chain, and it's simply the best place to buy cryptocurrencies one Arbitrum that aren't available on sites like Coinbase or Binance.
Before we head over to Sushiswap, we need to prepare your Metamask Wallet to receive OtterHome. Open Metamask, scroll all the way down, and click here:
Select Custom Token and paste this token contract address there:
0x1bd013bd089c2b6b2d30a0e0b545810a5844e761
The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive OtterHome( HOME).
You can check the price and confirm the correct token address of OtterHome on Coingecko.
Let's buy some OtterHome!
Go to Sushiswap. 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 Sushiswap. You need to make sure you're connected to the Arbitrum version. Make sure your metamask says Arbitrum on the top.
Select a token and paste the Token contract address: 0x1bd013bd089c2b6b2d30a0e0b545810a5844e761
Click Import and accept the terms.
Now you have to select the amount of ETH you want to trade for HOME. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.
Wait a few minutes, and your HOME should appear on your Metamask Wallet.
Congratulations! You are now a proud Investor of OtterHome!
In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Sushiswap's gear icon, and put 5% here:
Check out OtterHome links:
Website: https://otterhome.finance/
Twitter: https://twitter.com/Otter_home
Telegram: https://t.me/otterhome_ann
Explorer: https://arbiscan.io/token/0x1bd013bd089c2b6b2d30a0e0b545810a5844e761
Please make sure you read our Disclaimer. We are not financial advisors.