Moonshot Crypto protocol is unique in the crypto world since it rewards buy-and-hold investment strategies over high-volume trading strategies. The MoonShot platform also rewards users with non-fungible tokens like animated series and games. In light of all these advantages, you might be wondering: Where can I buy MoonShot Crypto? MoonShot is slightly more difficult to purchase than other cryptocurrencies. You cannot use fiat currency to buy MoonShot tokens directly. Instead, you need to use some of your other cryptocurrencies to buy MoonShot tokens.
MoonShot Crypto Overview
MoonShot Crypto is a unique form of cryptocurrency. Technically, it is described as a “deflationary, self-regenerating automatic liquidity provisioning protocol”. Let’s take a closer look at it. “Deflationary” means that the supply of a crypto asset decreases over time. The total supply of tokens was 1 quadrillion. Currently, there are over 300 billion tokens in circulation. In simple terms, a protocol is a description of the blockchain underlying the crypto asset. MoonShot token holders receive cash as a result of a “liquidity providing” blockchain.
How to Buy
MoonShot has been listed on several crypto exchanges. But unlike the other main cryptocurrencies, you cannot directly purchase with fiat money. The process of buying MoonShot has one extra step. You first need to buy an altcoin from any fiat-to-crypto exchange. Then, you need to transfer the altcoin to an exchange that supports MoonShot crypto. Here are detailed steps on how to buy
Step 1: Get a verified account
With any crypto exchange, you can purchase one of the major cryptocurrencies using Dollars, Euros, or Pounds (fiat currency). An account with the crypto exchange must be verified in order to do this.
Step 2: Buy one of the major cryptocurrencies
Click the “Trade” button on your crypto exchange after selecting your preferred payment method. Choose your preferred major cryptocurrency and confirm your transaction. You have now acquired cryptocurrency.
Step 3: Get a verified account
Choose a crypto exchange that supports MoonShot, like Trustwallet or BitMart. Register for an account and verify it.
Step 4: Transfer your major cryptocurrency
You can transfer your major cryptocurrency into your account once you have an account with a crypto exchange that supports t. You can either do this by clicking on the “transfer” button on the first crypto exchange or by clicking on the “deposit” button in the to exchange.
Step 5: Use your major cryptocurrency
As soon as you have assets in your crypto exchange, you can exchange them for MoonShot tokens. Select “swap” or “exchange” to exchange the amount of your major cryptocurrency.
Step 6: Confirm your transaction
After you have confirmed your transaction, you will own MoonShot crypto! The next step is understanding how to trade your MoonShot token if you need to.
How to Trade MoonShot Crypto
The process of buying crypto is fairly straightforward. Then you pay the required amount in fiat or cryptocurrency in order to get the crypto asset you want. Buying and selling investments are known as crypto trading.