In this post we are going to see how you can buy Chedda Token without paying high commissions. Currently, it is not listed on any exchange, but you can get it through the DEFI Uniswap 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 is Chedda Token so you can learn more about this cryptocurrency before buying it.
Where to buy Chedda Token
To buy Chedda Token, we are going to use Binance and the Metamask wallet, for me it is the best option, but you can also use other wallets if you don’t use Metamask. Binance is going to be used to buy ethereum that we will need to buy Chedda Token. Below you can see a step by step video to get rid of any doubts.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
If you already have in your metamask Ethereum wallet to pay for commissions, you are simply going to have to head over to uniswap, and copy the Chedda Token contract so you can find the token if it doesn’t show up in to. You can find this on Coingecko or coinmarketcap by searching for Chedda Token or you can copy the Ethereum network contract just below:
0x16756ec1deb89a2106c35e0b586a799d0a61837d
With this contract, you will be able to find the token, in from to exchange it for the cryptocurrency you want in Uniswap. 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 uniswap in a simpler way.
Platform: Gate.io
Min. Deposit: $10
License: Cysec
New cryptocurrencies (ICO’s)
Growing exchange
Step by step
Let’s see in more detail how you can buy Chedda Token. The first thing is to login to Binance, if you don’t have an account you can create one here. With your account, you must make a deposit to have funds and be able to buy ETH. You can deposit funds with your credit card, to have the balance directly and without having to wait.
With your first deposit, whether euros, dollars or other currency, you must go to markets, and look for your currency with respect to Ethereum (ETH). In my case, EUR/ETH. Here go to the red sell button, and exchange your currency, in my case euros, for ETH. We use ETH because the commissions on the Ethereum network are paid with this cryptocurrency. You can also buy USDT (Tether), but you must have an amount of Ethereum in your metamask wallet to pay for the commissions, which can be somewhat high depending on the day and time.
Once you have ETH, you must click on the cryptocurrency, and click on withdraw. Go to your metamask, and click on the address, you will see that an address is copied when you click on it. You must enter this address in Binance to withdraw your eth from Binance to Metmask. It is very important to indicate the ERC20 network, and the amount you want to withdraw. The commission is around 6-7$. Confirm that everything is correct and confirm the transaction.
Open your metamask wallet, and if you have configured the etherum network, it should appear in a few minutes the amount of ETH you have transferred. Metamask usually defaults to the ethereum mainnet, so you will not have to configure it as in other networks.
With this done, we must go to Uniswap. Here in from, we indicate ETH and to, the token Chedda 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 or coinmarketcap to see it, or you can copy it just below:
0x16756ec1deb89a2106c35e0b586a799d0a61837d
With this, the Chedda Token should appear in order to be able to exchange.
Before clicking on swap, check that you have the settings on the wheel at 0.50% to avoid large fluctuations in the price when you buy. In case you have problems in making the transaction, I recommend you to raise the slipping tolerance so that you can make the transaction. This is common in times of high volatility.
With the correct settings, just click on swap, confirm swap and confirm the transaction in the metamask wallet. Keep in mind that the commission in uniswap in some moments or days, can be a bit high. If this is the case, I recommend you try to buy at times when there are fewer people using uniswap or quieter days, where commissions are usually cheaper, as there are fewer people using the ethereum network. Also, remember to leave an amount of ethereum for transactions in case you want to sell or send the cryptocurrencies to another wallet or Exchange.
To see Chedda Token in your wallet, recopy the contract we used to detect the cryptocurrency. Go to add a token, custom token and copy the contract here. As you can see, it detects the token and you will see the amount you have.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
What is Chedda Token?
CHEDDA is a first-of-its-kind utility “culture” token that gives its holders access to exclusive community experiences. Launched in January 2022, CHEDDA is a decentralized culture token created on the Ethereum blockchain as an ERC20 token.
Utilities
Exclusive access to loot for CHEDDA holders.
CHEDDA “Get-To-Gethas”: CHEDDA hosts a happy hour for token holders to meet and talk about CHEDDA.
Special access to CHEDDA NFT drops – NFT royalties will pay for CHEDDA events.
CHEDDA Cultural Conference – Portfolio holders will receive NFT tickets to special events with speakers, DJs, influencers and athletes.
Stakes and farms implemented in our ecosystem.
TOKENOMICS
CHEDDA was created with a total supply of 100 billion tokens. Prior to launch, 50% of the total supply was burned.
CHEDDA has a 3% fee on each transaction; 1% is burned forever and the other 2% is distributed to CHEDDA’s trading portfolio for continued project development.
DEFLATIONARY ASSET
The burning of tokens on every transaction makes CHEDDA a deflationary asset. There will never be as many CHEDDA in circulation as there are now. By burning half of the supply and burning 1% of each transaction, this means that the total supply of CHEDDA will decrease over time.
SECURITY
CHEDDA was built on the Ethereum blockchain to ensure the integrity of the coin and traceability of the token. Ethereum’s core network is secured by the interaction of thousands of independent nodes run by individuals and miners around the world. This makes Ethereum one of the most secure blockchains available, which is why CHEDDA chose Ethereum as the blockchain of choice.
WHY DEFI?
Decentralized finance eliminates middlemen by allowing individuals, merchants and businesses to conduct financial transactions through blockchain. This is achieved through peer-to-peer financial networks using security protocols, connectivity, software and hardware advancements. From any location where an Internet connection is available, one can lend, trade and borrow using software that records and verifies financial actions in distributed financial databases. A distributed database is accessible in multiple locations; it collects and aggregates data from all users and uses a consensus mechanism to verify it. Decentralized finance uses this technology to eliminate centralized financial models by allowing anyone to use financial services anywhere, regardless of who they are or where they are. DeFi applications give users more control over their money through personal wallets and trading services that are tailored to individuals.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies