Step-By-Step Tutorial: Buying FXGuys ($FXG) for New Investors
Innovation in the crypto market now is not what it used to be. As crypto veterans are looking for new promising projects, a new player has emerged, offering a breath of fresh air. This new project is none other than FXGuys ($FXG), a prop trading platform that gives you the best of TradFi, PropFi and DeFi.
Also, $FXG is currently available via its presale, which is the optimal time to buy new projects before they explode! In this step-by-step guide, you’ll learn how to buy $FXG tokens and leverage all the benefits that FXGuys offers.
Why Choose FXGuys?
Before we delve deeper into the technical part, let’s discuss what FXGuys is and why crypto experts believe that it is a great investment. Namely, FXGuys is an advanced trading platform that allows you to invest in and trade multiple asset classes, including cryptocurrencies, FX, indices, and commodities.
It is an excellent choice for new investors as it also focuses on providing trading education, resources, and a collaborative environment where you can learn and earn. Also, FXGuys gives $FXG holders and members the right to vote on the future of the ecosystem and has a staking and profit-sharing system that allows holders to earn a portion of the profits that come from spreads, trading fees, commissions, subscription fees, the prop firm, and by providing liquidity to the FXGuys ecosystem.
But, hold on, there’s more. Some of the key features that FXGuys offers to $FXG holders include the following:
- Trade2Earn – This program allows traders to earn rewards while they’re trading on FXGuys. Thus, no matter the outcome of your trades, you’ll still get rewarded for your efforts.
- Trader Funding – This FXGuys program allows people to earn profits by simply backing top traders with the capital they need to execute their trades. You’ll be able to sit back and earn part of the profits that those traders make without having to trade yourself.
- Prop Firm Funding – FXGuys also works as a prop firm and gives traders the capital they need to make big returns. This allows traders to get access to more money to trade without risking their own capital.
Now that you know what FXGuys is about and the different ways you can benefit from it, let’s see how you can buy some $FXG tokens and get started!
Tutorial: How to Buy $FXG
FXGuys is a platform that focuses on making things as easy as possible for all traders. Thus, the purchasing process for the $FXG token is extremely straightforward as well. All you have to do is follow the steps given below, and within minutes, you’ll get your $FXG tokens and become part of the community.
Step 1: Create a Crypto Wallet
No matter which cryptocurrency you’re buying, you’ll need to set up a crypto wallet to get started. Some of the most popular options include MetaMask, Coinbase and Trust Wallet, which are the best options for $FXG as it is an Ethereum-based token. To set up your wallet, do the following:
- Download and Install the Wallet: If you choose MetaMask, then you need to visit its website and download it. On the other hand, if you go with Trust Wallet, then you need to download it from your app store.
- Set Up the Wallet: Once you download the wallet of your choosing, you need to set it up by following the directions on your screen. Wallets like MetaMask and Trust Wallet are very straightforward and don’t involve a long and complex process. Just remember to write down and save your recovery phrase.
- Connect to Ethereum: Make sure to configure your wallet so that it can use the Ethereum Network because $FXG is an ERC-20 token and can only be purchased via Ethereum.
Step 2: Buy Some ETH
Like with all ERC-20 tokens, you must buy some ETH to purchase $FXG. You can buy ETH on platforms like Binance, Kraken, and Coinbase and then transfer it to your wallet. To do that, copy your wallet address and use it to transfer ETH from the exchange where you bought it. The whole process only takes a few minutes.
Step 3: Connect Your Wallet to the $FXG Presale Site
Once you have some ETH tokens in your wallet, open the FXGuys official presale website to buy some $FXG tokens. Then do the following:
- Click on “Connect Wallet.”
- Choose your wallet provider (Trust Wallet or MetaMask).
- Authorize the connection.
Step 4: Buy $FXG
After connecting your wallet, you’ll be able to buy $FXG.
- Amount of Tokens You Want to Buy: First, you need to specify how many $FXG tokens you want. You can either enter the amount of $FXG you want or the ETH equivalent you want to spend.
- Review: Double-check the transaction details to confirm that everything is in order.
- Approve the Purchase: Once everything is ready, your wallet will ask you to confirm the purchase. When you do, the tokens will be deposited to your wallet.
Step 5: Set Up Your Security
Some of the measures you can take to ensure that your $FXG tokens are secure include the following:
- Two-Factor Authentication (2FA): 2FA is a great way to secure your wallet and add an extra layer of protection to it.
- Hardware Wallet: Hardware wallets like Trezor or Ledger are great for secure long-term investments as they’re not as easy to break into.
- Secure Your Seed Phrase: Make sure that you have saved your recovery seed phrase in a safe offline location.
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The FXGuys Presale: An Optimal Time to Secure Some $FXG
Presales offer the best opportunities to buy promising tokens at extremely low prices. The same applies to the $FXG presale that is currently ongoing. Buying $FXG now allows you to make the maximum possible returns from the token.
Since $FXG is not listed on exchanges yet, crypto experts say that now is a great time to accumulate tokens, and since they’re expecting FXGuys to gain massive traction in the future, $FXG won’t stay at its current low prices for much longer.
So, follow the guide above and buy your $FXG tokens to take full advantage of all the benefits that this revolutionary prop trading project offers!