How to Buy StormX Crypto (STMX)

How to buy StormX Crypto

What is StormX STMX?

According to Coingecko, StormX is : STORM is an ERC20-compliant token which operates on the <a href="https://www.coingecko.com/en/coins/ethereum">Ethereum</a> blockchain. CEO, and co-founder, Simon Yu, evolved this digital currency from an app called BitMaker, he and co-founder, Calvin Hsieh, worked on in 2014. BitMaker allowed users to send money without transaction fees which was the main reason this app experienced high growth volumes. A new feature called BitTask was introduced which allowed users to trade their time and effort for trying out new products in exchange for <a href="https://www.coingecko.com/en/coins/bitcoin">Bitcoin</a> or Ethereum. This feature is now the STORM Play App and has experienced massive growth since its launch in Feb 2017. The vision the founders have for STORM is beyond just an ordinary Cryptocurrency. They aim to create a marketplace for decentralized marketplace for tasks which will be called the “Storm Market”. “The Storm Market will operate similar to the Apple App Store or the Google Play Store in that it will serve as a platform where Storm Makers and Storm Players can create and accept tasks using smart contracts powered and paid for with STORM tokens.” The team is confident of the success of the app as it strongly relies on the give and takes model. By completing relatively easy and enjoyable tasks, users can potentially earn quite a bit of STORM, Ethereum or even Bitcoin. Storm Market is targeting the freelancing industry around micro-tasks. Currently, there are identified competitors in the market like Upwork, Mechanical Turk, etc. which are circulating huge amount of money through their platform with existing inefficiencies that ultimately creates hurdles for the freelancers. They deduct huge amount from their users earning by charging 40% of transaction cost. The Storm market is striving to resolve the problems by providing following benefits, such as as compared to traditional micro-task marketplaces, they will charge reduce transaction fees. Besides, they Eliminate the interruption of any middlemen between buyers and sellers. Storm Market is a gamified micro-task marketplace that enables users to earn by completing different tasks. The company is expanding its platform by creating decentralized storm market by incorporating blockchain technology. In storm market, people can use their skills and talents to accomplish various tasks and get good rewards for it in the form of tokens. In short, a company is aiming to operate decentralized platform where anyone can offer or engage in tasks by utilizing blockchain based smart contracts supported by tokens (ERC-20). Check out <a href="https://www.coinbureau.com/review/storm-token/">CoinBureau</a> for the complete review of Storm Token.

Where can I buy STMX Crypto?

You can buy StormX on Uniswap.

Why should you buy StormX?

StormX 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 StormX 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 StormX on Uniswap with ETH

Buy STMX 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 StormX. Open Metamask, scroll all the way down, and click here:

Add STMX token to Metamask

Select Custom Token and paste this token contract address there:

0xa62cc35625b0c8dc1faea39d33625bb4c15bd71c

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

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

Let's buy some StormX!

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: 0xa62cc35625b0c8dc1faea39d33625bb4c15bd71c

Click Import and accept the terms.

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

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

Congratulations! You are now a proud Investor of StormX!

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 StormX on Ledger

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

Check out StormX links:

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

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