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How and Where to Buy egoD Crypto – Detailed Guide for Beginners

Mushu Butt by Mushu Butt
August 19, 2022 - 11:07 am
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If you want to buy egoD (EGOD), you will need to have either Bitcoin (BTC) or Ethereum (ETH) for investment purposes. This is a need for everyone who wants to buy egoD (EGOD). In this post, we will evaluate the main cryptocurrency exchange Binance in order to help you select the most appropriate way to buy egoD crypto with a credit card or bank account by providing an in-depth analysis of each of these payment methods. Read on to learn how and where to buy egoD crypto.

Where to Buy egoD?

First of all, let’s see what is egoD crypto. egoD, commonly known as egoD, was developed with the intention of ensuring that its holders will get a consistent passive income over the course of time as a result of the reflection tax. A meme that promotes optimism and was developed for the community by the community itself. The first trade of EGOD occurred on July 12, 2022. It has a total supply of one billion. The current market capitalization of EGOD is $1,172,137.65. EGOD is currently priced at $0.00005431 and ranks 9958 on Coinmarketcap.

Despite being listed on a variety of cryptocurrency exchanges, EGOD cannot be bought directly with fiat currency, unlike other cryptos. Nevertheless, you can still get this cryptocurrency with relative ease by purchasing Bitcoin from any fiat-to-cryptocurrency exchange and then transferring to an exchange that enables trading for this cryptocurrency. In this comprehensive guide, we will explain where and how to buy egoD crypto. Now, as you have discovered what is egoD crypto, we can move to the next phase.

Step 1: How to create a Binance account:

Binance Account

As Binance becomes increasingly regulated in numerous nations, you can now buy FTX token, Bitcoin or any other cryptocurrency with your fiat currency instantaneously on Binance. Yes, if you are wondering how to buy egoD crypto, it is a good platform. Due to the fact that numerous instances of spoofing that are replicas of the genuine site have been recorded over the course of the past few years, it is vital to carefully examine the URL of the website in question. First and foremost, keep an eye out for the ‘Secure’ certificate that should appear in the address bar of your browser. This certificate serves as a verification that the website in question is authentic. Second, for further security when investing in the platform, remember to bookmark the official site to avoid any misunderstanding in reverse lookups. If you are looking for where to buy egoD crypto, Binance is indeed a reliable platform.

You are required to fill in your trading details by clicking on the “Register” option that can be located in the top right-hand corner of the website’s page. Once you have done so, you will be able to fill in your details. For example, you will be required to enter your mobile phone number, but you can instead opt to use your email address instead. Because you’ll always have to use this email address to sign in to your Binance account, it is imperative that you use the email that you consider to be the safest and most reliable version of your primary email account.

In addition to this, you need to select a robust password for your email account. A robust password includes a combination of upper- and lowercase letters, digits, and special characters. You will obtain a verification code for your profile, which is six digits, via the email address that you supplied when you have finished the registration procedure. To increase the security of your account, you must use two-factor authentication after your initial login.

It is essential to set up two-factor authentication because doing so will make your account safer against any kind of hacking activity. After entering your email address and password, the two-factor authentication system will prompt you for a unique code that must be entered before you can successfully log in. Utilize the Google Authenticator software that you have downloaded onto your mobile device in order to obtain your one-of-a-kind code. Whether you want to buy XRP crypto, FTX token, egoD, or any other crypto, the process is same for all.

Step 2: Buying your first Bitcoin (BTC)

Buying your first Bitcoin (BTC)

For those wondering where to buy egoD crypto, Binance is definitely a safe platform. You have the option of transferring funds to your Binance cryptocurrency wallet account straight from your bank account by means of a SWIFT money transfer, or you may choose to use either your debit or credit card instead. In this section, we will explain how to use a credit card. Binance’s platform formerly did not support the usage of credit or debit cards. However, they have since added support for these payment methods.

Through a partnership with Simplex, Binance is enabling its users to make purchases of Bitcoin or Ethereum using credit and debit cards. This has resulted in increased transaction flexibility, decreased transaction costs, and faster transaction times for cryptocurrencies. We strongly advise first purchasing Bitcoin and then exchanging it for the desired amount of egoD (EGOD). It is simple to buy Bitcoins with a credit card, but we will walk you through the finest ways to do it in order to ensure you grasp all the trading nuances.

  • You can access the dropdown menu by moving the pointer of your mouse to the “Buy Crypto” tab that is located on the top bar. Then select the currency, such as US Dollars, and click the ‘Credit/Debit Card’ button to proceed.
  • You will now be taken to the next page; on this page, you will find choices to choose the desired Bitcoin amount (Select BTC), as well as the money that you need to spend in order to acquire the Bitcoin amount of your choosing. The entire amount you must spend will be selected depending on the Bitcoin amount you want and the current market price corresponding to that figure (inclusive of all fees). Nevertheless, you have the option to specify the total charge before the system calculates the order total for you.
  • Click “Buy BTC” next. A new window will appear with all of the information regarding your order within it. Before confirming your order, you must review the disclaimer and terms of service. If everything is to your liking, you can finish placing your order by checking the box next to “Go to payment” and clicking on it.
  • Also, include your personal information and payment card information. You must then click “Pay now” and wait a moment for your information to be verified.
  • If this is your very first simple payment, you will be asked to verify both your email address and your phone number by entering a code that is either emailed to you or texted to your phone. To finish the verification procedure, visit the link that was sent to you in your email and enter the code that was sent to you via text message. After completing the above steps, you can click “Continue.”
  • The next step involves utilizing a legal document in order to carry out identification verification. Simply submit a photo of your identification along with your personal information and click the “Upload Document” link.

In conclusion, the approval of your personal document will take place when it has been checked by the system, and you will receive an email confirming the purchase of your transaction. Following this, the Bitcoin or Ethereum that you purchased will be deposited into your Binance account. This process also allows you to buy VeChain, FTX, and other tokens. But for buying egoD, we will stick with Bitcoin.

Step 3: Create a Metamask Account

Create Metamask Account

If you want to learn more about where to buy egoD crypto, you need to create a Metamask account. Launch your preferred web browser and navigate to the https://metamask.io website. Alternatively, search for “Metamask extension” in the browser’s search bar (you can install Metamask for Chrome, Firefox, and Opera browsers). We are going to walk you through the process of installing the MetaMask plugin for Chrome. Simply add the MetaMask extension to your Chrome browser by clicking the Add to Chrome button.

Install Metamask Extension

Click Add Extension. You have completed the installation of the MetaMask plugin successfully. That was simple, right? Now is the moment to import an existing cryptocurrency wallet. You are free to make a wallet right now, even if you do not currently possess one. After the extension has been successfully installed, you will need to open the MetaMask, read over the terms, and then click the icon in the upper right corner to do so.

Create Metamask Wallet

Compose a secure password, then click the Create button. A seed phrase consisting of 12 words will be displayed to you. You have the option of saving seed words as a file or copying them to a secure location, after which you may select the “I’ve copied it somewhere safe” button. Cheers! You have successfully created a new wallet address and an account in MetaMask. You are now able to check the QR code, view your address on Etherscan (the Ethereum blockchain explorer), copy your wallet’s address to the clipboard, or export your wallet’s private key.

Step 4: Connecting MetaMask to Binance Smart Chain

The next step in learning where to buy egoD crypto is to connect your Metamask account to Binance Smart Chain. We need to go into the Settings so that we may direct the wallet towards the Binance Smart Chain nodes. It is important that we find the Networks option when we are on the Settings page. Because it is not included with MetaMask out of the box, we need to manually install the Binance Smart Chain network by clicking the Add Network button in the upper right corner. It is vital to remember that we can utilize either the testnet or the mainnet here. When you return to the main page after saving the network, you’ll notice one thing: the network has been automatically set to the one you’ve specified. This happens whenever you save the network.

Step 5: Deposit BNB to your MetaMask wallet

When you move your mouse pointer over the account name at the top of the window, the words “Copy to clipboard” will appear. Simply copy your address by clicking on the account name. Copy your address and paste it into the “receiver” section of the app from which you are transferring your BNB or tokens. Make sure to pick “Binance Smart Chain (BSC) BEP20(BSC)” as the transfer network, along with any additional procedures that may be required to finish the transaction and send it in, after which you will be able to select the amount you wish to send.  If you would like information on how to transfer your BNB or tokens, please contact the entity that is responsible for the application that you are using.

Step:6 How to Make Your First Trade on Pancakeswap

First Trade on Pancakeswap

To learn the next step about how to buy egoD crypto, make your way to the trading platform known as Pancakeswap. Click the “Connect to a wallet” option in the top right corner of the screen, and then log in using the credentials of the wallet you want to use for trading. We will use a MetaMask wallet to log in. After successfully logging in, the trading interface will become visible. Choose the coin or token that you want to trade in for the one that you want to have at the very top of the field. We will choose BNB. Find the token that you want to buy by searching for it in the field at the bottom of the page, or choose it from the menu that drops down. In this case, it is egoD.

At this point, you are prepared to configure your order. You have the option of either selecting the amount that you wish to spend by entering a number in the top area or selecting the quantity that you wish to purchase by entering a number in the lower field. The total amount that you can anticipate receiving will be displayed at the very bottom of the order menu. If you are satisfied with these numbers, click the “Exchange” button. After that, you will be prompted by your wallet click to confirm the trade, and you will have the option to alter the fees to a figure that is most convenient for you. Confirm the transaction when you are ready for it to be processed. Your tokens will then be available in your ERC 20 wallet.

Final Step: How to Store egoD securely in hardware wallets

Once you discover where to buy egoD crypto, you need to secure it in your wallets. There are a few different ways that you can make your own wallet, but the most secure one is to utilize a hardware wallet, such as a Ledger Nano S or a Ledger Nano X. This is the part of the procedure that can be the most challenging since it requires you to design your own wallet that can store both BNB and EGOD. They are secure hardware that provides many layers of protection for your assets; all you need to do is store the seed phrases in a secure location and never post them online (i.e., do not post the seed phrases to any online services/storage/email, and therefore do not take a picture of it). It is highly suggested that you acquire a hardware wallet if you intend to stay in the crypto industry for an extended period.

Ledger Nano S

  • User-friendly configuration and interface
  • Compatible with PCs and portables
  • Portability and portability
  • Support the majority of blockchains and a vast array of (ERC-20/BEP-20) tokens
  • Multiple languages available
  • Invented in 2014 by a well-established business with superior chip security
  • Reasonable pricing

Ledger Nano X

  • Stronger secure element chip (ST33) compared to Ledger Nano S
  • Bluetooth connectivity enables compatibility with desktops, laptops, smartphones, and tablets
  • Portable and lightweight with an integrated rechargeable battery
  • Larger screen
  • Greater capacity than the Ledger Nano S
  • Support the majority of blockchains and a vast array of (ERC-20/BEP-20) tokens
  • Multiple languages available
  • Invented in 2014 by a well-established business with superior chip security
  • Reasonable pricing

Frequently Asked Questions(FAQ)

If you are still wondering what is egoD crypto and where to buy egoD crypto, we have created some of the most frequently asked questions about egoD (EGOD).

What is EGOD crypto?

egoD is a hyper deflationary token designed for the community that provides incentives to its holders while diminishing its quantity through the auto burn.

Can I buy EGOD with cash?

If you are wondering how to buy egoD crypto with cash, the response is No. Because it is impossible to purchase egoD with cash. Using marketplaces such as LocalBitcoins, however, you should first purchase Bitcoin and then transfer it to the appropriate AltCoin exchangers.

Can I use alternative platforms to purchase egoD or Bitcoin with credit cards?

Yes, you simply need to visit Changelly, which is an easy-to-use trading platform, especially for purchasing Bitcoin with credit cards. It provides an instant cryptocurrency exchange that allows buyers to trade crypto quickly and purchase them with a credit card. It has been created to make purchasing cryptocurrencies simple for users, as its user interface is intuitive and its instructions are straightforward.

Can I buy 1 egoD?

The straightforward answer is “yes,” and you can purchase fewer than 1 egoD. This is true of the vast majority of cryptocurrencies. However, on the majority of cryptocurrency exchanges, you should purchase any quantity from $5 and up.

Is egoD a good investment in 2022?

The price of cryptocurrencies is volatile. Every investment is subject to its share of ups and downs. No exception applies to egoD. egoD (EGOD) is a blockchain asset with high risk; before investing, make sure to read the crypto data thoroughly.

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Mushu Butt

Mushu Butt

Mushu Butt is an experienced freelance content writer. His focus is primarily on blockchain technology and cryptocurrency. One might even refer to him as a "blockchain enthusiast." He has been following advancements in the crypto and blockchain area for several years, researching and writing his insights in the media.In addition to being a skilled content writer, Mushu is also knowledgeable in SEO and digital marketing. He aspires to succeed as a content creator in the digital realm, dealing with customers in the finance and tech industries to generate traffic through engaging taglines and content. Mushu enjoys traveling, reading, and playing cricket when he is not writing. He now works as a news and article writer for Blockchainreporter.

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