Then copy and paste the contract address from coingeko into the add token address field. The token symbol section should fill automatically when done correctly. If your FEGtokens are on Ethereum, then you can use Uniswap to swap your tokens for Ether tokens. Once you have Ether tokens, you can send them to an exchange connected to your bank account in order to cash out of your investment. FEG Token is an intriguing new hyper-deflationary token that has a massive circulation supply of up to 100 quadrillion in total.
The Ledger Nano S is a multicurrency wallet, meaning it’s capable of storing a variety of cryptocurrency assets, including Bitcoin, Ether, Litecoin and XRP. More likely than not, Ledger will be the only hardware wallet you’ll ever need. The team behind FEGtoken remains anonymous, which may be a red flag for some crypto investors. Without a known team behind the project, nobody will be held accountable if FEGtoken decides to cash out and stop developing its platform. Virtual currencies often operate like this, and that’s why it’s important to know about the financial institutions that you’re buying into.
At the very least, you’ll need to download a software wallet to access Uniswap or PancakeSwap. There are plenty of software wallet options available, but the best wallet that’s compatible with both BSC and Ethereum is MetaMask. Paste your crypto wallet address you will use to receive the asset. Before continuing, make sure you have bought ETH on the exchange of your choice and have transferred it to your wallet. I know this may be common sense to some but for noobs like I was at one point, it wasnt. If you do not know how to buy ETH and send to your metamask wallet, youtube or google it.
Guardarian offers you convenient ways to buy FEG token with VISA, MasterCard, Sepa, Swift, and Faster Payments. As of 2021, the community is expecting a large jump in FEG value during the next following years. Click the gear icon in the right corner and manually put your slippage anywhere between 3% to 5%. Make sure you have enough ETH to cover gas fees and then authorize the transaction.
Below is a shortlist of the top platforms for buying ETH. Once your wallet is connected to the proper network, you’re ready to make your purchase. Since PancakeSwap is essentially a copy of Uniswap, the platforms work in extremely similar ways. Simply search for FEGtoken, and you’ll be able to find the liquidity pool that allows you to exchange either Ether or BNB for FEGtoken. If you want to store your crypto assets in the most secure way possible, you’ll need a cryptocurrency hardware wallet. Hardware wallets are physical devices that store your crypto offline, making it impossible for online hackers to steal your cryptocurrencies.
If you want to use Uniswap on Ethereum’s network, be prepared to pay high transaction fees. Since Ethereum is a proof-of-work blockchain, the fees are much higher than Binance Smart Chain, as it is proof-of-stake. You can buy Ether tokens (Ethereum’s token) on any cryptocurrency exchange that supports the asset. Some popular exchanges investors use to buy Ethereum are Coinbase, Gemini, eToro and Kraken. If you’d like to save some money on transaction fees, then Binance Smart Chain is the way to go.
FEG Token is a hyper-deflationary token which gives the holders a tax of 1% and an extra 1% that will be burnt in the process. Because of this, the crypto coin actually rewards the holders for holding onto their assets and essentially it decreases the supply overtime. Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors.
Trading cryptocurrencies is not supervised by any EU regulatory framework. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Since its inception, many of the tokens have already been burned. This leaves a maximum supply of about 42 quadrillion tokens on Ethereum, while there are about 44 quadrillion tokens on the BSC. Before buying anything, your going to want to add the custom token FEG to your wallet.
Press connect wallet and wallet connect to your metamask wallet. You will need to create a wallet such as MetaMask or Trust Wallet that is compatible with Web 3.0. Copy the address of your wallet and paste it into the “Withdraw” page on the platform where you bought ETH. Now you can send your ETH from the platform to your wallet. Next, you will need to buy some ETH to swap for FEG later. Choose one of the payment options on the deposit page to fund your account.
You’ll need to approve the transaction from your wallet before the transaction is processed. If you’re using metamask, then the Chrome extension will pop up automatically asking you to approve the transaction. Once approved, your FEG tokens should arrive in your wallet within minutes. FEGtoken has gained investors’ attention after appreciating over 3,000% in the span of just a few months. Despite the token’s appreciation, FEGtoken has yet to deliver on most of the services it seeks to provide its users.
Set the input currency as ETH and the output currency as FEG. Enter how much you wish to swap in either ETH or FEG. You will be shown the swap price and how much you will need to pay in fees (keep a bit of extra ETH in your wallet to cover swap fees).
FEG New Year Message — RTRcrypto
If your FEGtokens are on Binance Smart Chain, then you’ll need to use PancakeSwap to convert your tokens. While PancakeSwap is harder to use than Uniswap, the DEX uses Binance Smart Chain which has much lower fees than Ethereum. The way you trade, sell or convert your FEGtoken depends on which FEG you use. There is FEG on both Binance Smart Chain and on Ethereum’s blockchain. These tokens aren’t compatible with each other, so don’t try and send your tokens across these 2 different blockchains. Head over to Uniswap and click “Connect Wallet” in the top right corner.
Select your wallet from the window that pops up and grant Uniswap permission to access it. This doesn’t cost anything and won’t put the funds in your wallet at risk. First you must download the app metamask to your computer or phone. Once installed, set up your wallet as you would any other wallet and continue to the next step. FEG Token isn’t currently available on any major exchanges, but you can still buy FEG quickly and safely from the decentralised exchange Uniswap by following these steps.
Bitcoin (BTC)
This applies both to the Ethereum blockchain and the Binance Smart Chain which makes it extremely valuable if you’re looking to cash out quickly and effortlessly. We see a lot of people having issues trying to purchase FEG wether it is the ETH or BNBpair. Here are some basic instructions on how to purchase FEG on both uniswap and pancake swap.
However, these financial assets are independent of each other, making for a weird token dynamic. Most digital currencies choose 1 blockchain to use — you’re not able to send tokens across different blockchains. FEGtoken offers an enticing economic model — the token is deflationary with no maximum amount of FEGtokens that can be burned. However, it’s not clear what benefits FEGtoken can provide that other DeFi protocols like Uniswap, 1inch and PancakeSwap already have.
And, the token’s price is purely based on speculation, so fundamentally FEGtoken is a poor investment. Cryptocurrencies have been extremely volatile lately. Despite this, crypto prices have bounced back, indicating the bull market isn’t over just yet.
- It’s also worth considering whether there are any specific features you want, such as leverage or copy trading.
- FEG Token is an intriguing new hyper-deflationary token that has a massive circulation supply of up to 100 quadrillion in total.
- There is FEG on both Binance Smart Chain and on Ethereum’s blockchain.
As of writing, FEGtoken has its own exchange, FegEx, where investors can buy and sell FEGtokens. The project is still working to develop liquidity pools, cross-chain bridges and token-wrapping, but the developers will hopefully release these features in the coming months. Choose one of payment methods, that suits you most, either its credit or debit card or bank transfer and get FEG. It should ask you to import FEG token if it does not show up as an active token.
FEGtoken is a deflationary currency, meaning that as time goes on, these digital assets become more scarce. It does this by charging a 2% fee when investors sell their tokens. Half of this fee is burned, and the other half is redistributed among the remaining token holders. Many projects on the BSC follow similar tokenomics; these tokenomics are questionable, and it eerily resembles a pyramid scheme. FEGtoken is a project on both Binance Smart Chain (BSC) and Ethereum.
To get an idea of where cryptocurrency prices are moving, it’s a good idea to track the price movements of high market capitalization cryptocurrencies like Bitcoin and Ethereum. Follow the same steps above but make sure to use pancakeswap instead of uniswap. Make sure to use the contract address on pancake swap for the BNB/FEG as the contract address to add the token from CoinGecko wont work.
Where to Buy FEG Token?
Find the trading pair for ETH and your local currency. Now you can just enter how much you wish to purchase and hit the “Buy” button. Click on the link below to register with our top recommended platform for buying ETH.
CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money. We may receive financial compensation from these third parties. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchange’s products or services.
Current Crypto Prices
To buy FEG on PancakeSwap, you’ll need BNB tokens and a software wallet that can connect to PancakeSwap. The best wallet to use for Ethereum or BSC is MetaMask. MetaMask will use Ethereum’s network by default, but you can make the crypto wallet compatible with BSC in the network settings. To purchase FEG, you will first need to buy some ETH that you can swap for it. Most crypto brokers and exchanges offer ETH, but a regulated and reputable platform is the best option. It’s also worth considering whether there are any specific features you want, such as leverage or copy trading.
No, Bitcoin has never seen a bear market before – This time it’s different
Being well informed about your investments is crucial to success. Here are a few factors you may want to consider before buying FEG.