In this post we are going to see how you can buy FEGtoken without paying high commissions. Currently, it is not listed on any exchange, but you can get it through the DEFI pancakeswap exchange. If you don’t know how, let’s see it here.
If you want to know more about this cryptocurrency, below we are going to see what FEGtoken is so you can learn more about this cryptocurrency before you buy it.
Where to buy FEGtoken
To buy FEGtoken, we are going to use Binance and Metamask wallet, for me it is the best option, but you can also use other wallets if you do not use Metamask. Binance is going to be useful to buy BNB and USDT or the cryptocurrency you want, to exchange it for the FEGtoken token.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
If you already have Binance Coin in your metamask wallet to pay for commissions, less than a dollar, you are simply going to have to go to pancakeswap, and copy the FEGtoken contract in order to find the token. You can find this on Coingecko by searching for FEGtoken or you can copy the contract from the Binance network just below:
0xacfc95585d80ab62f67a14c566c1b7a49fe91167
With this contract, you will be able to find the token, in from to exchange it for the cryptocurrency you want in Pancakeswap. You can also add the token in metamask and be able to see the amount you have once purchased.
It is currently listed on the exchange gate.io, which you can create your account below and buy without using pancakeswap in a simpler way.
Platform: Gate.io
Min. Deposit: $10
License: Cysec
New cryptocurrencies (ICO’s)
Growing exchange
Step by step
Let’s see in more detail how you can buy FEGtoken. The first thing is to login to Binance, if you don’t have an account you can create one here. With your account, you must make a deposit to have funds and be able to buy BNB. You can deposit funds with your credit card, to have the balance directly and without having to wait.
With your first deposit, whether it is euros, dollars or another currency, you must go to markets, and look for your currency with respect to Binance coin (BNB). In my case, EUR/BNB. Here go to the red sell button, and exchange your currency, in my case euros, for BNB. We use BNB because the commissions on the Binance network are paid with this cryptocurrency, as happens with the Ethereum network with ETH. You can also buy USDT (Tether), but you must have a small amount of BNB in your metamask wallet to pay for commissions, less than $1. 10-15$ of BNB is enough.
Once you have BNB, you must click on the cryptocurrency, and click on withdraw. Go to your metamask, and click on the address, you will see that an address is copied when you click on it. You must enter this address in Binance to withdraw your BNB from Binance to Metmask. It is very important to enter the BEP20 network, and the amount you want to withdraw. The commission is 0,80$. Confirm that everything is correct and confirm the transaction.
Open your metamask wallet, and if you have the Binance network configured, the amount of BNB you have transferred should appear in a few minutes. If you don’t have the Binance network configured, I recommend you to look up how to configure the Binance smart chain network in Metamask, so you can use it, without it, you won’t be able to buy FEGtoken.
With this done, we must go to pancakeswap. Here in from, we indicate BNB and to, the FEGtoken token. If you look for it, you will not find it. In order to use it, you must copy the address of the contract and paste it. You can search for it in coingecko to see it, or you can copy it just below:
0xacfc95585d80ab62f67a14c566c1b7a49fe91167
Con esto, deberĂa aparecer el token FEGtoken para poder intercambiar.
Before clicking on swap, you are going to have to go to the settings wheel, Slippage tolerance and put 3%. This is because this cryptocurrency charges a 2% commission, 1% is burned and 1% goes to people who have FEGtoken. So if you buy FEGtoken, you are going to see the amount you have increase just by having it in metamask.
With the 3% marked, just click on swap, and confirm in your metamask the transaction. Now, you can go to your metamask, and add the token with the contract that you can find in coingecko or just above FEGtoken to see the amount of cryptocurrencies reflected in your wallet. With this, you will be able to have FEGtoken and accumulate this cryptocurrency without doing anything. If you don’t have an account with binance, you can create one just below.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
What is FEGtoken?
FEG was launched just to feed all the gorillas. The first fork that combines the powers of SHIB and RFI, with a super deflationary black hole that hyper deflates supply.
FEG is a decentralized token that has developed the first fork that combines the powers of Shiba Inu (SHIB) and reflect.finance (RFI) with a super deflationary black hole that hyper deflates the supply of the FEG government token.
FEG was launched precisely to feed all the gorillas. Driven by the community. Built to succeed.
The FEG token (“FEG”, “FEGtoken”) is a decentralized progressive deflation deflation (DeFi) built to succeed.
The main idea of FEG is to provide a decentralized transaction network operating on the Ethereum blockchain (ERC20) and Binance smart chain (BSC).
The path forward for FEG is determined by market fluctuations, but the model on which it is based calls for FEG to succeed.
ETH-FEG launched on January 31, 2021, and BSC-FEG launched on February 12, 2021. Each pair was able to continuously rebalance rebalance the deviations between the other pairs that the community initially witnessed.
FEG is a deflationary token with a circulating supply of 100 quadrillion. On each transaction, a 1% tax will be distributed to holders and another 1% will be burned, thus incentivizing holders to maintain and decrease supply over time.
As supply decreases, the scarcity of the token increases. This inversely proportional relationship constitutes a supply and demand model. In addition, there is no limit to the amount of tokens that can be burned.
Without a burn limit, many can predict what will happen next.
Token
A unique ecosystem. For everyone.
FEG is a deflationary token on both Ethereum’s blockchain (ERC-20) and the
Binance Smart Chain (BSC) with a combined outstanding supply of 100 quadrillion at launch. Each chain was launched with 50 initial quadrillion tokens burned and 50 quadrillion tokens in circulation.
For each transaction (buy/sell/transfer), a 1% tax will be distributed to holders and the 1% is burned by sending FEG tokens to an inaccessible “black hole” (a kind of fork). As a result, this incentivizes investors to hold, which decreases the supply in circulation and increases demand.
100% of the fee charged for token transfers is redistributed to existing token holders instantly and automatically at the time of each transaction.
Half of the token supply is immediately burned because FEG contracts on ERC-20 and BSC are based on the foundational deflation mechanism where 2% of each transaction is distributed to all holders.
FEG is fully decentralized. Ownership was relinquished at launch and all communications, developments and marketing campaigns are planned and carried out by community members.
FEG plans to further advance in the cryptocurrency space by launching innovative products such as decentralized and centralized exchanges, non-fungible tokens (NFT) and games. FEG’s sustainability is of paramount importance to community leaders.
FEG was audited and verified by WARONRUGS* and Solidity Finance**. FEG has been proven to have no backdoors or denial of service (DoS) attack paths.
Holders can track their FEG tokens using the FEGtrack app, which can be downloaded from the App Store for Apple iOS devices and the Google Play Store for Android devices.
Data is extracted from the blockchain using only public addresses.
The following are several features that are available within FEGtrack:
- FEG token balance and total value.
- Rewards
- Market capitalization information
- Charts
- Future balance based on FEG tokens held
Exchange
FEGex (https://feg.exchange) is an all-in-one exchange. It is built with custom coding specifically designed to solve the main problems of other popular exchanges surrounding decentralized financial tokens (DeFi).
popular exchanges surrounding decentralized financial tokens (DeFi), while combining functionality for token exchanges. FEGex also provides a bridge to interoperability.
Why FEGex?
FEGex can easily reduce exchange fees for buying and selling FEG when combined with.
Ethereum (ETH) and Binance Coin (BNB).
What does this mean?
Investors save most of the fees charged by other exchanges. In addition, investors have the opportunity to buy more FEG with their BNB and receive more BNB when selling.
What are some other highlights of FEGex?
Ability to bet on any listed token and earn ETH or BNB directly*.
Ability to launch multiple asset pools with weighted proportions, which will have the ability to cross-trade
Built-in liquidity lock option, which eliminates the need to search where liquidity is locked.
Smart liquidity options allow investors to add or remove one-sided liquidity to help alleviate the effects of impermanent losses and provide price rebalancing.
Anti-dumping technology that is built into each pair for the ability to program circuit breakers that can temporarily set sell limits to stabilize trades and minimize price manipulation by buying and selling bots.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
