How to safely buy Chedda Token (CHEDDA)

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.