Step 3: Create and set up a new wallet.(Choose one from Top Crypto Wallet Ranking) Step 2: Download and install a Web3 crypto wallet(such as Metamask) or App wallet (such as Trust Wallet) which is supposed by the DEX.Step 1: Go to the decentralized exchange (DEX) page.How to Buy Sweatcoin(SWEAT) From DEX?Įach DEX may differ in its functions, however, the trading procedures are similar. As for the tax issue, you may consult the local department for more information. Note: Some CEX may not available in your country or area, you'd better consult the exchange's customer service or check the announcement from exchanges. Step 5: Buy Sweatcoin(SWEAT) in spot market by USDT, ETH, or BNB.If the CEX that you're using both supports purchasing USDT, ETH, or BNB via fiat, and SWEAT-USDT, SWEAT-ETH, or SWEAT-BNB, etc, trading pair, then you can trade in the same platform and don't need to transfer to another platform that supports Sweatcoin(SWEAT). purchased by fiat to the CEX that supports Sweatcoin(SWEAT) trading in spot market. Step 4: Transferring your USDT, ETH or BNB, etc.You can use the service provided by the CEX which supports OTC trading or use the financial service platform(Paypal, or Robinhood, available for US residents) that supports funding via either your bank account or credit card. Step 3: Use fiat to buy USDT, ETH, or BNB.For asset security, you'd better Enable Two-step Verification. You are typically required to have a government-issued identification document. Step 2: Verify your identity & secure your centralized exchanges(CEX)'s account.Binance) one-step sign up with your social account, you can sign up with your social account directly. ( Check Exchange Ranking), if CEX supports (eg. Step 1: Register an account on the centralized exchanges(CEX)'s official website or the app.Since the operation procedures vary from different CEX, we can't provide you a step-by-step guide on how to buy in all the different centralized exchanges(CEX), but we can provide you with some general procedures. By analogy, if you buy Sweatcoin(SWEAT) from DEX run on other blockchains, you need to use fiat to buy the corresponding mainnet cryptocurrency first. However, if you want to buy Sweatcoin(SWEAT) on Pancakeswap which is run on Binance Smart Chain, you should purchase BNB by fiat first. For example, if you want to buy Sweatcoin(SWEAT) on Uniswap or Sushiwap that are run on Ethereum Blockchain, you should purchase ETH by fiat first and then swap. If you want to buy Sweatcoin(SWEAT) in DEX, you need to know what mainnet the DEX is built on.If the CEX or crypto wallet that you are holding USDT or BTC did not support Sweatcoin(SWEAT) trading, then you need to withdraw and deposit to another CEX that supports Sweatcoin(SWEAT) and swap. If you want to buy Sweatcoin(SWEAT) in CEX, it is recommended to buy USDT or BTC first, then swap them to Sweatcoin(SWEAT) in CEX.There are two types of crypto exchanges that support Sweatcoin(SWEAT) trading, they are centralized exchanges (CEX) and decentralized exchanges (DEX), the steps of buying Sweatcoin(SWEAT) in two types of crypto exchanges are different:
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