How to Buy TotemFi Crypto (TOTM)
What is TotemFi TOTM?
According to Coingecko, TotemFi is : TotemFi is a Decentralised Finance (DeFi) prediction platform which offers Bitcoin and native token rewards. The Decentralised Application (dApp) will utilise blockchain technology to solve issues with traditional markets. Our vision is to create an accessible, minimal-risk platform that tokenises the ability to predict future asset prices and events. The protocol will harmonize incentives for individuals and the collective, as both sets are rewarded for their ability to forecast the future price of a given cryptocurrency (initially bitcoin). In addition, users are not penalised for inaccurate predictions. The aim is broaden participation with our protocol as incumbent markets are typically complex with high financial risk for accuracy therefore acting as a barrier to entry. This protocol provides high yields for participation by coupling guaranteed staking returns alongside favourable bitcoin (BTC) and native token rewards. There will be a focus on incentivising both early adoption and rewarding long-term engagement with the project. The long-standing Aristotelian ideal of the Wisdom of the Crowd proposes that group predictions have a higher propensity for accuracy. In line with the key values displayed in the crypto sphere, and aforementioned theorem, we want to celebrate and reward collaboration. We don’t penalise for inaccuracy, meaning your stake isn’t at risk when you predict and if the weighted average prediction of a staking pool is on the mark, then everyone wins. Community is at the core of TotemFi; We are run by our members and we value their insights. This protocol will also serve a broader purpose: as a community-created indicator of crypto- market sentiment. A longer-term goal is for both novices and veterans alike to be able to use our product to assess how our community feels about market trends, and use this to their advantage. Can the crypto community collaboratively achieve the impossible - to predict the future price of BTC? Our platform will empower our users to work together to see the future more clearly.
Where can I buy TOTM Crypto?
You can buy TotemFi on Uniswap.
Why should you buy TotemFi?
TotemFi 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 TotemFi 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.
Step 2 - 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:
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 balance in Metamask.
Step 3 - Buy TotemFi 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 TotemFi. Open Metamask, scroll all the way down, and click here:
Select Custom Token and paste this token contract address there:
0x6ff1bfa14a57594a5874b37ff6ac5efbd9f9599a
The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive TotemFi (TOTM).
You can check the price and confirm the correct token address of TotemFi on Coingecko.
Let's buy some TotemFi!
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: 0x6ff1bfa14a57594a5874b37ff6ac5efbd9f9599a
Click Import and accept the terms.
Now you have to select the amount of ETH you want to trade for TOTM. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.
Wait a few minutes, and your TOTM should appear on your Metamask Wallet.
Congratulations! You are now a proud Investor of TotemFi!
In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Uniswap's gear icon, and put 5% here:
Step 4 - Store TotemFi on Ledger
Check out our guide on how you can store TotemFi on Ledger's Hardware Wallet
Check out TotemFi links:
Website: https://totemfi.com/
Twitter: https://twitter.com/TotemFi
Telegram: https://t.me/totemfi
Explorer: https://etherscan.io/token/0x6ff1bfa14a57594a5874b37ff6ac5efbd9f9599a
Please make sure you read our Disclaimer. We are not financial advisors.