Crypto option | Guide to Buy $BEERCOIN via DEX (Decentralized Exchange)

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Last updated 11 months ago

Crypto option | Guide to Buy $BEERCOIN via DEX (Decentralized Exchange)

Welcome to the world of $BEERCOIN! If you're new to decentralized finance (DeFi) and looking to buy $BEERCOIN, this tutorial will guide you through the steps. Follow these instructions carefully to ensure a smooth and secure experience.

Step 1: SET UP YOUR WALLET

First, you need a crypto wallet. We recommend using this one, which you can get here: . Phantom is available as a mobile app or a browser extension.

Creating your wallet

Download and Install: Follow the instructions to download and install Phantom on your device.
Create a New Wallet: You'll receive a seed phrase and a security key during setup. NEVER SHARE THESE WITH ANYONE! Keep them safe and secure, because if you lose them, you lose access to your wallet and all its contents. Also, set up a password, you'll use it from time to time.

Please note that Scammers can use any means possible to steal your money! Never share anything except the Wallet Address and Transaction hash, this information is public anyway.

Also, never interact with any random thing (token, coin, NFT) that appears on your wallet, as it's also dangerous to interact with!

Step 2: FUND YOUR WALLET WITH $SOL

You need $SOL (Solana) in your wallet to buy $BEERCOIN.

Getting Your Wallet Address

Open your Phantom wallet.
Copy your wallet address (a long string of characters). This is where you'll receive your $SOL.

Buying $SOL

This option does make sense if you are not comfortable with Centralized Exchanges or there is no $BEER available at the moment. Otherwise, it is better to buy $BEER there!

You can purchase $SOL through various exchanges (CEX) or platforms that support Solana. If you're unsure, using a centralized exchange (CEX) like Binance or Coinbase might be easier.

Buy $SOL on an exchange.
Withdraw $SOL to your Phantom wallet using your wallet address.

You can use Coinbase Pay inside of Phantom Wallet to buy $SOL quickly if you have a Coinbase account!

Step 3: CONNECT YOUR WALLET TO A DEX

Connecting to a DEX

If you use a browser extension, you can just enter the websites and connect them to your wallet.

If you use a mobile, you can enter the websites within the wallet.

Open your Phantom wallet.
Navigate to the DEX section or go to Raydium or Jupiter's website.

Connect your wallet by tapping the "Connect Wallet" option.

Step 4: Swap $SOL for $BEERCOIN

Option 1: DEX Interface Swap

One of the ways to get $BEERCOIN is to use the swap option available on the DEX.

Swapping Tokens

In the DEX interface, select $SOL as the token you want to swap.
Enter "BEER" or the token address for $BEERCOIN: AujTJJ7aMS8LDo3bFzoyXDwT3jBALUbu4VZhzZdTZLmG to find $BEERCOIN. (Our coin is marked as a known one)
Complete the swap! Now you have your $BEER!

Option 2: Phantom Wallet Swap

Another way to get $BEERCOIN is to use the swap option in the wallet itself!

In the wallet tap on a "Swap" option!

Select $SOL as the token you want to swap.
Enter "BEER" or the token address for $BEERCOIN: AujTJJ7aMS8LDo3bFzoyXDwT3jBALUbu4VZhzZdTZLmG to find $BEERCOIN. (Our coin is marked as a known one)

Complete the swap! Now you have your $BEER!

WARNING!

DO NOT SEND ANYTHING TO THE TOKEN ADDRESS DIRECTLY! This address is only for identifying the token in the DEX. Sending tokens directly to this address will result in a permanent loss of your assets.

By following these steps, you'll be able to purchase $BEERCOIN safely and securely. Enjoy your journey into Crypto and the $BEERCOIN community!