How to Buy Y Coin Crypto (YCO)

What is Y Coin YCO?

According to Coingecko, Y Coin is : Y Coin is a transfer and payment coin using a new democratic governance model. Currently in cryptocurrency when people vote using the current governance model it’s unfair as it favours the biggest coin holders due to voting power being dictated by your stake in the coin. However with Y Coins democratic governance model this is not the case. Each person will get a single vote regardless of their stake in the coin. Y Coin has a IOS, Android and Desktop application releasing soon called the Y HUB. We have multiple sections where users can interact with the coin in different ways. ⁃ Proposals & Democratic Governance: Users will be able to propose votes and vote on existing proposals. It’s similar to Reddit in this regard that users will post proposals that change a certain aspect of the coin. Each user that meets a certain threshold will be able to vote and create votes. Once you vote on a proposal you can’t vote on any other proposal until the next proposal period. The voting period lasts 3 weeks and on the last week the winner is announced. On the fifth week (next month) the next voting period begins. ⁃ Staking: Users will be able to stake $YCO at 3 different rates. Free: 3% API Coins are unlocked and can be withdrawn anytime Partial: 30% API Coins are locked for 1 month. Maxima: 100% API Coins are locked for 3 months. The more $YCO that gets staked the more these percentages go down once the amount of $YCO staked meets a certain threshold. ⁃ Easy transfers and payments: Users are required to create a username on application signup and users send tokens to each other not with long complex wallet addresses but they send tokens using simple usernames somewhat like Instagram (eg: @ben) Users do not have to pay ANY fee on the application as long as the transfer is on the Y Hub. So user to user transfers on the hub are free. ⁃ Earn: Users will be able to watch 30 second advertisements and for every advertisement earn 1 YCO. This incentivises users using the Y Hub as they are able to earn free tokens. No minimum limit is required to withdraw tokens. The second you watch an advertisement you have a Y Coin in your wallet. (However depending on the future price of Y Coin this reward will fluctuate). ⁃ Trade: Users will be able to buy and sell Y Coin using Apple Pay or Google pay through the Y Hub application. On desktop users can use debit or credit card.

Where can I buy YCO Crypto?

You can buy Y Coin on Uniswap.

Why should you buy Y Coin?

Y Coin 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 Y Coin 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 Y Coin on Uniswap with ETH

Buy YCO 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 Y Coin. Open Metamask, scroll all the way down, and click here:

Select Custom Token and paste this token contract address there:

0x3d0293f06daf4311b482564330d57c8db6c10893

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

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

Let's buy some Y Coin!

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: 0x3d0293f06daf4311b482564330d57c8db6c10893

Click Import and accept the terms.

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

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

Congratulations! You are now a proud Investor of Y Coin!

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