How to get started with DeFi !

How to get started with DeFi !

By stereoIII6 | The DeFi Guy | 25 Mar 2020


All you need is ETH Dunh Dadada Dah !

How to accumulate some ETH
In order to use dApps from the DeFi environment you will usally need some ETH in your Wallet. ETH is the #1 DeFi currency on the Market. It is the so called baseline protocol to most dApps. In order to accumulate you should have an online Banking an Idea how much you want to invest forutorial purposes. I advise you to at least use 20$ worth of ETH otherwise your exchange rate will be drastically manipulated by the transaction fee's. Now you will need a CryptoWallet.

How to create a safe Wallet
I advise you to visit https://blockchain.com to create a wallet if you dont own one yet. Visit he Website and Sign Up with valid credentials you will recieve a secret 24 word phrase you should write down by hand and lock them in a safe place who ever owns this phrase called seed can access all of your funds

Connecting your Browser to your Wallet
Now you will need to install a Browser extension called MetaMask unless you are using the Brave Browser wich I suggest. In your Browser Extension you want to connect / restore your Blockchain.com Wallet using your Seed Phrase. You are all Set to recieve Funds now.

Where to buy Crypto Safe
I buy my crypto at LiteBit.eu ... It's my preferred crypto warehouse because you can order up to 300$ / day without KYC. You simply Sign Up, set Up a 2 Factor Verification. And you are ready to make Your first 100$ Order. The very first payment needs a bit of verification in the worst case let the chat operators guide you through the verification of the first payment. Now you can Order Up to 300$ / day and 100$ / Order. 

You are officially ready to get started with DeFi and kick Banks out of your Life !

thnx from berlin ... stereoIII6

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stereoIII6
stereoIII6

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The DeFi Guy
The DeFi Guy

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