How to Buy Vanilla Crypto (BUM)

How to buy Vanilla Crypto

What is Vanilla (BUM)?

According to Coingecko, Vanilla is : The NFT market is a market with outstanding growth potential among the crypto markets. Compared to the beginning of last year, the market capitalization and trading volume of the market have grown by several orders of magnitude, and numerous companies with IP as well as existing crypto investors are issuing NFTs in the crypto scene or starting to prepare for it. However, compared to the heat of this hot market, the fundamental limitations of NFT as an asset have not yet been properly overcome. It is the low liquidity that the non-fungible property inevitably implies. An asset with low liquidity has to bear a very high slippage in order to liquidate quickly, which is an incentive to undervalue the asset relative to its average transaction price. Low liquidity is an even more critical problem in highly volatile asset classes where there is a great incentive to stop-losses. Compared to a 50-60% decrease in cryptocurrency market trading volume over the past year, NFT market trading volume has decreased by more than 90%. NFTs are mostly ERC-721 based tokens, so they are virtually the only tokens in the world, so unlike existing ERC-20 tokens, they cannot be distinguished and have a structure with low liquidity. Vanilla is a platform service that provides profit realization opportunities through deposit, lock-up and boosting using the platform token Vanilla, and NFT collateral loan service through NFT reinforcement by providing new liquidity and adding entertainment interest to the NFT market.

Where can I buy BUM Crypto?

The best website to buy Vanilla is Simpleswap.

With Simpleswap you can buy almost every reputable token without needing to register or providing proof of identity. The process is incredibly simple and quick.

How to Buy Vanilla on Simpleswap

To buy Vanilla on Simpleswap, first you need to click here to access the Simpleswap App. Now, click the "Buy Crypto" tab, select your fiat currency, and then select BUM, just like in this example:

Buy Vanilla on Simpleswap

Once you selected the currency you want to pay in, and BUM, you need to paste your respective wallet address where you want to receive your BUM.

With Simpleswap, you'll receive your Vanilla directly on your on-chain wallet without need to deposit and withdraw like in every other exchange.

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

Buy Polygon 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 your wallet.

Check out Vanilla links:

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

logo

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