π¨ SimpL HAS FINALLY LAUNCHED π¨
After months spent building, we are pleased to announce that the SimpL Education Platform is now here!!! π
With 40+ tutorials and a Robust Cryptionary, SimpL is the go-to platform for your Crypto Education
Spending my evening learning and building crypto knowledge on the @EducationSimpl protocol. A Great platform for newbies to learn more about the space and build confidence. Shout out to @KinkyBedBugs and @RUGenerous for the platform! Major W π
Spending my evening learning and building crypto knowledge on the @EducationSimpl protocol. A Great platform for newbies to learn more about the space and build confidence. Shout out to @KinkyBedBugs and @RUGenerous for the platform! Major W π
New to #Avalanche...?
Perhaps youβve never used a decentralized exchange (DEX) before? ....Or maybe youβre a bit of veteran in the space and are simply seeking some $COQ.
Well, this is the guide for youβ¦
Buying $COQ on a DEX like Trader Joe, is a straightforward process, even for those new to cryptocurrency.
Here's a 4 step-by-step guide to help you on your new red-pastures journey πΊ
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1. Download a Crypto Wallet
To engage in the world of DeFi, you need a wallet, there are many wallets that are popular and user-friendly that will work with #Avalanche
π TJ Picks: @Rabby_io, @Metamask or @coreapp
Follow the install instructions provided by each provider and either download a wallet onto your mobile device, or your browser.
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β οΈ Important: Safety Tips
β’ Your Keys, Your Crypto: NEVER SHARE KEYS.
β’ Strong Passwords: Use unique, strong passwords.
β’ Enable 2FA: Add two-factor authentication
β’ Update Regularly: Keep wallet software updated
β’ Never click links promising airdrops or free tokens
It is advised to research further security tips about wallet management to ensure you maintain a safe experience whilst managing your own crypto wallet.
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2. Add $AVAX to your Wallet
To access DeFi on Avalanche, youβll need $AVAX tokens to pay for gas. Gas is used to perform transactions on blockchains. Avalanche uses AVAX.
You can buy $AVAX from any centralized exchange, or you can onboard fiat directly via your wallet. Depending on your wallet, there will be different options available to you. Each wallet provider will have guides you can follow.
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3. Connect to Trader Joe
Got $AVAX for gas?
Great, now it's time to connect to the DEX.
Trader Joe is a leading DEX, born on Avalanche and home to the widest selection of tokens, including a very popular community token called $COQ.
Steps to Connect Your Wallet:
1. Select 'Avalanche' and select 'Connect Wallet'
2. In the pop up select your installed Wallet
3. That's it, time to access the world of DeFi
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4. Swap some $AVAX for $COQ π
Now itβs time to perform your first transaction.
Head to the Trade page and make sure 'Swap' is selected on the Trade Panel. With Trader Joe, your swaps are performed instantly, at low-cost offering a seamless way to access Tokens.
πͺ Setting up your Trade
Use the drop down boxes to select tokens, for this example trade, you want to select $AVAX in the top box and then $COQ in the bottom box. Finally, enter the amount of $AVAX you want to Swap and then press the blue Swap button to execute the Trade.
β And you're Done
Your $AVAX will be swapped to $COQ and your $COQ will be held in your wallet. You can track your wallet's holdings by using a portfolio tracker such as @DeBankDeFi
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π€ Need Support?
Be diligent and stay safe friend. Never accept any direct messages, never click any links.
Trader Joe has a 24/7 manned technical support team in the Trader Joe Discord. If you experience any difficulty and require assistance, please join our Discord Server (Link in the profile bio) and open a support ticket.
To use the native explorer for Avalanche and dig into blockchain transactions, visit SnowTrace built by @AvascanExplorer
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Welcome to Avalanche, welcome to Trader Joe.
Got a pal or family member asking about crypto now the attention is back?
Set them up in SIMPL so they can learn the basics π
so you can keep an eye on things π
π