How to Buy Thoreum V3 Crypto (THOREUM)

How to buy Thoreum V3 Crypto

What is Thoreum V3 Crypto?

According to Coingecko, Thoreum V3 is : What Is Thoreum (THOREUM)? Thoreum (THOREUM) is a hyper-deflationary, liquidity mining token that works best on a HODL strategy. The project founders describe it as a SafeMoon 2.0, a BEP-20 token that runs on Binance Smart Chain. Thoreum has five auto rewards ecosystems, and can be exchanged to BNB. Thoreum offers double staking rewards — users can either stake to compound its growth or earn other third party tokens. Staking in Thunder farms and Thunder Alliances farms is also tax-free. Thoreum token owners can earn real static rewards up to 40% by holding the coins in their wallet. This is because while the reflection on each transaction is only 4%, this full amount is distributed only to wallets holding less than 10% of the total supply. Meanwhile, over 90% of the total Thoreum supply is staked in Midgard pools and Thunder farms. \ \ In addition, Thoreum is also hosting a Lamborghini contest, where those who hold onto their coins can stand a chance to win a brand new Lamborghini Huracan. Entries for the contest depend on the total holding value of the THOREUM tokens one has, including the value of Thoreum in one’s wallet, pool and farms. Every $100 USD worth of Thoreum held is equivalent to one lucky draw ticket. Who Are the Founders of Thoreum? The developers of this project are currently anonymous, which is not uncommon for projects like this in the crypto space. Nothing is mentioned in Thoreum’s website or white paper on when the founders plan to dox. However, we might be able to expect them to dox when they move forward to future phases of their roadmap. What Makes Thoreum Unique? Thoreum claims to be the first of its kind to offer fee-free staking using its Thunder Boost mechanism. \ \ Under Thunder Boost, another unique feature of Thoreum is that it gives rewards in third-party coins. Staking THOREUM in one of its earning pools rewards holders with other crypto tokens such as BNB and BUSD, while at the same time earning Thoreum rewards automatically. \ \ The magnitude of Thoreum rewards sets it apart from other coins as well. Thoreum claims to have the highest buyback and burn of all coins at 10% of each transaction, which goes to the “THOR” contract for BNB buyback and burn. This decreases the supply of Thoreum over time, which would supposedly increase the value and benefit holders of the token in the long run. THOREUM is consistently burned at 4-5 million per day, and growing at a rate of about 100 BNB each day. Thoreum also claims to give the biggest real static rewards to holders, where 40% of each transaction fee is auto-give to coin holders. With 90% of the total supply locked in high APR pools, the remaining 10% in the wallet gives holders the equivalent of 40% rewards. Another feature Thoreum possesses is its Thunder Alliance mechanism. This makes it the first reflective token where users can farm in other yield farms and stake their tokens without incurring any fees. This is a result of Thoreum being in alliance with other farms known for their safe, non-rug pull environment. Thoreum also offers a referral system to build up its user base, giving all referees an eternal 3% earnings of its referrals’ earnings. Related Pages Take a deep dive into Thoreum features, tokenomics and price prediction. Find out more about SafeMoon in our deep dive. Learn more about yield farming in our guide here. What is web 3.0? Click here and find out. Visit CoinMarketCap Alexandria to learn everything you need to know about cryptocurrency and more. How Many Thoreum Coins are There in Circulation? Thoreum (THOREUM) has a total supply of 5 billion, where 3 billion have been burned initially. 0.5 billion was the initial supply, and the remaining 1.5 billion will be unlocked through liquidity mining. As of September 2021, there are 282,376,260 coins circulating. The total transaction tax is 12-14%, where 4-6% will be reflected as static rewards, while 8-10% goes to the buyback and burn mechanism. Across all farms and pools, there is a total value locked (TVL) of $20,638,656. How Is the Thoreum Network Secured? Thoreum has been audited three times, including by Certik, with the audits showing zero issues. THOREUM is a BEP-20 token on the Binance Smart Chain (BSC). BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible to do so. Can Thoreum Coin Hit $1? Across the year, Thoreum has hit a low of $0.005732 and a high of $0.03115. To reach $1 would imply an over 32 times price increase from the current average, which is not an impossible target to achieve, especially in the crypto space. However, as with most coins, hitting this target would greatly depend on the project team reaching its objectives and the community backing it. Where Can You Buy Thoreum? Thoreum is listed on PancakeSwap V2. Cryptocurrency newbie? You can read more about how to enter the market and how to buy BTC, THOREUM or any other token in CoinMarketCap education portal — Alexandria.

Where can I buy THOREUM Crypto?

You can buy Thoreum V3 on PancakeSwap.

Why should you buy Thoreum V3?

Binance Smart Chain has been gaining a lot of traction lately. The main motivation for this is the very low fees that it offers. Ethereum gas fees are way beyond acceptable. I've seen transaction fees of 100$+ in Uniswap, and nobody wants to pay that. Ethereum 2.0 has been in the works for years now, and there is still no solution for these absurd gas fees on the Ethereum Network.

Thoreum V3 is amongst the best projects on BSC.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 Thoreum V3 Crypto?

Step 1 - Setting up a Metamask Wallet

Setting up metamask

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 Binance Smart Chain, we'll need to add the Network. I'll go over this very quickly. If you need a more in-depth tutorial for this part, you can check out Binance's tutorial right here.

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: Smart Chain

New RPC URL: https://bsc-dataseed.binance.org/

ChainID: 56

Symbol: BNB

Block Explorer URL: https://bscscan.com

Click Save, and now you have Binance Smart Chain installed on your Metamask.

Step 2 - Buy BNB on Simpleswap

Buy BNB on Simpleswap

Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy BNB 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 BNB, and click "Exchange", just like this:

Buy BNB on Simpleswap

Now all you have to do is click the Metamask fox logo to directly copy and paste your Metamask BNB address. It should add it automatically.

Copy BNB address

You can now choose between Google Pay or card to complete the payment:

Buy BNB 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 Thoreum V3 on PancakeSwap with BNB

How to buy Thoreum V3 on PancakeSwap

Before we head over to PancakeSwap, we need to prepare your Metamask Wallet to receive THOREUM. Open Metamask, scroll all the way down, and click here:

How to add Thoreum V3 to metamask

Select Custom Token and paste this token contract address there:

0xce1b3e5087e8215876af976032382dd338cf8401

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

You can check the price of Thoreum V3, and confirm the Token Contract address on Coingecko.

Let's buy some THOREUM!

Go to Pancakeswap. 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 Pancakeswap.

Click on Select Token and paste this contract address: 0xce1b3e5087e8215876af976032382dd338cf8401

Select it.

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

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

Congratulations! You are now a proud Investor of Thoreum V3!

In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Pancakeswap's gear icon, and put 5% here:

How to Set slippage on PancakeSwap

Check out Thoreum V3 links:

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