How to Buy SOLA-X Crypto (SAX)
What is SOLA-X(SAX)?
According to Coingecko, SOLA-X is : SOLA-X | Smart liquidity cross-chain protocol built on Solana. SOLA-X is changing the way AMMs are designed within the Solana ecosystem. SOLA-X has developed flexible and dynamic liquidity pools that enable multiple assets within a pool or features such as unilateral liquidity provisioning, intra-platform liquidity aggregation, and intelligent liquidity management. Furthermore, SOLA-X connects Solana to the most popular EVM ecosystems such as Ethereum, Binance Chain, and Polygon. Which pain point does SOLA-X solve? Providing liquidity to multiple liquidity pools and monitoring them as well as rebalancing liquidity allocations in a way to maximize the APY and reduce downside risks like impermanent loss is a difficult task. SOLA-X solves these pain points liquidity providers are facing using traditional AMMs like Uniswap. Due to SOLA-X’s AMM architecture and protocol-managed liquidity, a liquidity provider does not have to monitor and rebalance single liquidity pool allocations. Within SOLA-X, a feature called smart liquidity manages the liquidity in a way that single pool risks are minimized and the realized APY is the highest possible. A user only has to deposit one single asset in order to provide liquidity to multiple pools. Facts 🔸7,000 + people community 🔸Platform launch in November 30. 🔸TGE in Q1 2023 Partners 🔸Frankfurt School of Finance and Management (strategic partnership) 🔸Solana Prime (advisory & launchpad) 🔸GEM Digital (funding) 🔸vt3 Ventures (funding) 🔸Lithium (launchpad) 🔸consola finance (swap integration) 🔸Handelsblatt (Innovation award winner 2022) Team We are an anonymous, but very experienced team. Our track record: 🔸Ex-CEO of an $80 million valuation crypto startup 🔸Built DeFi protocols with over $1.8 billion TVL 🔸Exit on the Stuttgart Stock Exchange 🔸Advised over 20 different crypto projects 🔸Co-created an IDO launchpad ($35 million token valuation) 🔸Extensive network with over 14k followers on LinkedIn
Where can I buy SAX Crypto?
You can buy SOLA-X on Bonfida. One of the best Decentralized Exchanges on Solana.
How to Buy SOLA-X Crypto?
Step 1 - Setting up a Phantom Wallet
Phantom is by far the most used walled in the world of Solana. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Solana Network, Phantom will be your best friend. Setting up the wallet is also very simple and easy.
Head over to https://phantom.app/download and click on the browser that you're using to 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 Phantom. Click on 'Create a new wallet' Now type your password.' Choose a strong password for your Phantom 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 down every word 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, confirm everything is correct and click "Done". You should be done now with the wallet.
Step 2 - Buy Solana on Simpleswap
Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy SOL 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 SOL, and click "Exchange", just like this:
Now we need to copy our Solana address from the Phantom wallet. Open the Phantom extension, hover your account name and click the copy button on the Solana address, just like this:
After you copy your address, just paste into here:
And click "Create an Exchange"
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 - Swap SOL to SOLA-X on Phantom
The easiest way to trade tokens on the Solana Chain is right on the Phantom wallet. Select this tab at the bottom
Before we swap SOL for SAX, we need to prepare your Phantom Wallet to receive SOLA-X. Open Phantom, Click "Manage Token List", and press the "+" this icon on the right.
This operation will have a small cost in SOL as you can see above.
Now fill in like this:- Mint Address: SAX2cChnuhnKfUDERWVHyd8CoeDNR4NjoxwjuW8uiqa
- Name: SOLA-X
- Symbol: SAX
Click "Add", confirm and you should be done
You can check the price and confirm the correct token address of SOLA-X on Coingecko.
Let's buy some SOLA-X!
Click on this tab to access the swap tools
About You'll see the swap details. You now need to select the token you want to trade SOL to. So click on the token that you'll receive and choose SOLA-X
Now select the amount of SOL you want to trade to SAX
Make sure everything is correct, confirm and accept, and you should be done!
Wait a few minutes, and your SAX should appear on your Phantom Wallet.
Congratulations! You are now a proud Investor of SOLA-X!
Why should you buy SOLA-X?
SOLA-X 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.
Check out SOLA-X links:
Please make sure you read our Disclaimer. We are not financial advisors.
