How to Buy Simple Asymmetry ETH Crypto (SAFETH)

How to buy Simple Asymmetry ETH Crypto

What is Simple Asymmetry ETH SAFETH?

According to Coingecko, Simple Asymmetry ETH is : What is the project about? Asymmetry Finance is a DeFi protocol designed to decentralize the Liquid Staked Ethereum market through the creation of index style tokens containing Liquid Staking Tokens (LST's). Asymmetry Finance offers users a diversified basket of assets with the goal is of diversifying and decentralizing the Liquid Staking Derivative/Token market and therefore the set of validators securing Ethereum. Asymmetry Finance focused on gas optimization and creating an easy to use UX with the aim of making DeFi less complex. Asymmetry finance launched first with safETH, comprised of Lido stETH, Rocketpool rETH, and Frax sfraxETH, with more LST's on the way. What makes your project unique? Asymmetry focuses on aligning incentives History of your project. Asymmetry started as an idea drawn up on the back of a yellow legal pad in early 2022. The team bootstrapped, then raised a seed round to expand development. The team then launched the first product, safETH on Monday, May 15th, 2023. What’s next for your project? In Q3/Q4 of 2023, Asymmetry Finance will add additional derivatives to the safETH index, continue to pursue partnerships with market leading LSDs/LSTs. Coming in Q3/Q4 is the flagship Asymmetry product that is composed of a different blend of assets with different yield and risk profiles. The continued utility of the Asymmetry products will be paramount as well, and Asymmetry will seek integrations and partnerships across the industry. What can your token be used for? The safETH token can be used to obtain exposure to multiple LSDs/LSTs in a few clicks, with minimal gas fees and market leading yield. The token can be bought and held as rewards accrue automatically, or it can be used to trade or borrow against.

Where can I buy SAFETH Crypto?

You can buy Simple Asymmetry ETH on Uniswap.

Why should you buy Simple Asymmetry ETH?

Simple Asymmetry ETH 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 Simple Asymmetry ETH 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 Simple Asymmetry ETH on Uniswap with ETH

Buy SAFETH 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 Simple Asymmetry ETH. Open Metamask, scroll all the way down, and click here:

Add SAFETH token to Metamask

Select Custom Token and paste this token contract address there:

0x6732efaf6f39926346bef8b821a04b6361c4f3e5

The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive Simple Asymmetry ETH (SAFETH).

You can check the price and confirm the correct token address of Simple Asymmetry ETH on Coingecko.

Let's buy some Simple Asymmetry ETH!

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: 0x6732efaf6f39926346bef8b821a04b6361c4f3e5

Click Import and accept the terms.

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

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

Congratulations! You are now a proud Investor of Simple Asymmetry ETH!

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 Simple Asymmetry ETH on Ledger

Check out our guide on how you can store Simple Asymmetry ETH on Ledger's Hardware Wallet

Check out Simple Asymmetry ETH links:

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

logo

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