Connect with us

Review

How To Buy Spell Token (SPELL) – 4 Steps – Buy SPELL Token

Published

on

Because Uniswap is a decentralized exchange similar to IDEX, Etherdelta, etc, there are a few steps you need to take to make sure you understand the process of swapping ETH for BETA.

Before clicking “Swap”, take into account the “Minimum received”, “Price Impact” and “Liquidity Provider Fee” fields in order to make sure you perform the cleanest transaction with minimal impact to liquidity or unnecessary loss of your own funds due to fees, etc.

In the example shown in the image provided using TFD as an example, we can see that the “Minimum received” field is showing an amount similar to what we were quoted above, the “Price Impact” field indicates that our purchase will incur minimal impact to the price of the token and the “Liquidity Provider Fee” is reasonable for the size of our transaction. We can now hit “Swap” to buy Beta Finance (BETA).

The Blogger Scientist is a "Medical Physiologist" and a "Financial Asset" Content Creator who aims at enlightening web reader on varying Financial Assets such as Stocks, FX, Crypto, MLM,. HYIP among others.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *