FEG Token is a hyper-deflationary governance token at the heart of an ecosystem that offers passive income, a decentralised exchange (DEX), the ability to create new tokens, and a number of other tools.
This guide will show you how to purchase FEG and take a look at what gives the token value.
How to Buy FEG Token in 5 Simple Steps
FEG Token isn’t currently available on any major exchanges, but you can still buy FEG quickly and safely from the decentralised exchange Uniswap by following these steps.
1. Sign up with a regulated exchange
You will need some ETH to get started so sign up with a regulated exchange or broker, supply any details it asks for, and complete the KYC process if necessary by providing a photo ID. Click on the link below to register with our top recommended platform for buying ETH.
Most Popular
1
Min. Deposit
$10
Promotion
User Score
10
Accepts customers from the USA
Deposit $100 and get a $10 bonus!* Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
2. Purchase ETH tokens
Next, you will need to buy some ETH to swap for FEG later. Choose one of the payment options on the deposit page to fund your account. Find the trading pair for ETH and your local currency. Now you can just enter how much you wish to purchase and hit the “Buy” button.
3. Send your ETH to a Web 3.0 wallet
You will need to create a wallet such as MetaMask or Trust Wallet that is compatible with Web 3.0. Copy the address of your wallet and paste it into the “Withdraw” page on the platform where you bought ETH. Now you can send your ETH from the platform to your wallet.
4. Connect your wallet to Uniswap
Head over to Uniswap and click “Connect Wallet” in the top right corner. Select your wallet from the window that pops up and grant Uniswap permission to access it. This doesn’t cost anything and won’t put the funds in your wallet at risk. It just enables you to interact with the app.
5. Swap your ETH for FEG
Set the input currency as ETH and the output currency as FEG. Enter how much you wish to swap in either ETH or FEG. You will be shown the swap price and how much you will need to pay in fees (keep a bit of extra ETH in your wallet to cover swap fees). Now simply click “Swap”.
To purchase FEG, you will first need to buy some ETH that you can swap for it. Most crypto brokers and exchanges offer ETH, but a regulated and reputable platform is the best option. It’s also worth considering whether there are any specific features you want, such as leverage or copy trading. Below is a shortlist of the top platforms for buying ETH.
Most Popular
1
Min. Deposit
$10
Promotion
User Score
10
Accepts customers from the USA
Deposit $100 and get a $10 bonus!* Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
World's longest-standing crypto exchange. Since 2011 Bitstamp has been providing a secure and reliable trading venue to over four million individuals and a range of institutional partners.
BlockFi was created to provide credit services to markets with limited access to simple financial products. BlockFi sets itself apart from other crypto service providers by pairing competitive rates with institutional-quality benefits. BlockFi is the only independent lender with institutional backing from investors that include Valar Ventures, Galaxy Digital, Fidelity, Akuna Capital, SoFi, and Coinbase Ventures.
Payment Methods
Full regulations list:
4
Min. Deposit
$1
Promotion
User Score
8.5
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 5 million registered users from 200+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique visit ranks the top 5 globally.
Payment Methods
Full regulations list:
Things to Consider When Buying FEG Token
Being well informed about your investments is crucial to success. Here are a few factors you may want to consider before buying FEG.
Multi-Chain DEX. The project’s DEX, FEGex, supports five different blockchains and enables trading, staking, lending, and wrapping within a single interface. This interoperability and convenience improves upon the services offered by many of its competitors.
Smart DeFi Tools. Users can create their own tokens with the SmartDeFi Deployer and take advantage of low-fee swaps, frictionless rewards, and asset-backed intrinsic value. The tokens can also be used as collateral to take out interest-free loans.
Hyper-Deflationary Token. More than 1% of every FEG Token transaction is burned (permanently removed from circulation). This decreasing supply could make FEG more valuable over time. What’s more, the token provides its holders with governance rights and passive income.
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