FarmHero is a blockchain gaming platform that lets you play to earn! With a wide range of games on the platform that combine NFT trading, yield farming and staking, FarmHero has created a game-based DeFi ecosystem. To help you buy HERO tokens safely online, we’ve created an easy step by step guide.
What is FarmHero?
FarmHero is a blockchain protocol that gamifies DeFi (Decentralized Finance) services like staking, NFT trading and yield farming. Users can stake tokens to take part in the game as well as earn token rewards for participation. NFTs can be traded and used as heroes within the games.
FarmHero has a native governance token, HERO, that can also be used within the gaming ecosystem. It is a BEP-20 token which means it’s built to the Binance Smart Chain Standard. Users can also stake and earn other tokens from many different blockchains.
You’ll need to visit a cryptocurrency exchange to purchase HERO tokens online. This is an online trading platform for digital assets. Some exchanges allow you to buy cryptocurrency with a credit or debit card.
Others, on the other hand, are crypto-only altcoin exchanges; these are exchanges that do not accept fiat money. You can only trade crypto tokens like FarmHero for other crypto tokens on these altcoin exchanges.
HERO is not yet available for purchase using fiat money. You must first purchase a cryptocurrency such as Bitcoin (BTC) or Ethereum (ETH) on a cryptocurrency exchange such as CryptoWallet or Coinbase. Then, on an altcoin exchange, you can trade them for HERO tokens.
Don’t worry if this seems complicated! We’ve got you covered with our simple step-by-step guide to purchasing HERO tokens online using CryptoWallet.
CryptoWallet allows you to purchase cryptocurrency with a debit or credit card. With our mobile app, you may trade cryptocurrency wherever you are and our crypto card lets you spend tokens at retailers all around the world.
Step 1: Register on Fiat-to-Crypto Exchange
To begin, sign up for an account on CryptoWallet and create your cryptocurrency wallet:
- To register, go to the top of this page and select New Account. At this point, you’ll need to provide your personal information and prove your identity.
- You will be walked through the process of creating your own cryptocurrency wallet. You’ll be given a seed phrase that you can use to recover access to your account if needed. It is recommended to write this phrase on paper rather than on an electronic device. Then, keep this document somewhere safe.
- You’ll be able to add fiat money to your crypto wallet once you’ve registered. Then you can begin buying and trading cryptocurrency tokens!
Step 2: Buy BTC with Fiat Money
The next step is to add fiat money to your wallet and use it to purchase Bitcoin tokens. Using a bank card or a wire transfer, you can easily deposit funds into your wallet. You can purchase BTC tokens once your transfer has cleared and the funds appear in your wallet.
Go to our cryptocurrency exchange and choose the currency you wish to buy. Choose the amount of Bitcoin you want to buy and confirm the price.
Your BTC tokens will be transferred to your wallet once you click the Select button. The order may take a few minutes to be completed and shown in your wallet.
Step 3: Transfer BTC to an Altcoin Exchange
The next step is to transfer your BTC tokens to an exchange that supports FarmHero. You’ll need a wallet that accepts Bitcoin as well as HERO tokens. MetaMask (which is accessible as a browser extension, mobile app, and desktop program) is a well-known choice for storing both tokens.
Other wallet options that may support both are available, but it’s important to do your research and make sure the wallet is secure and not a fraud.
Currently PancakeSwap is one of the few exchanges that supports DOGEX. PancakeSwap is a decentralized exchange (DEX) built on the Binance Smart Chain. A DEX is a trading platform that doesn’t use an intermediary.
It only allows for the trading of BNB and BEP-20 tokens so you’ll have to convert your Bitcoin into a Binance version of Bitcoin, BTCB. This is a process called bridging. Binance has more information on how to bridge tokens on their website.
After you’ve created your new wallet, you can transfer your BTC tokens to it. Then you can convert them to BTCB tokens. Head to PancakeSwap and swap them for HERO tokens. On the trading page, choose the trading pairs BTCB/HERO.
Last Step: Store FarmHero Securely
Finally, the most crucial step is to safely store your tokens! Because many altcoins aren’t supported by major exchange wallets, you’ll need to use a separate altcoin wallet.
Many platforms offer wallets that claim to accept HERO coins, but some are frauds aimed to steal your money. To help you in making your decision, we’ve taken a look at some of the best secure wallets available.
Firstly we need to look at what a crypto wallet is. A wallet consists of two keys that are required to receive and send tokens. To send funds, a private key is needed, and to receive tokens, a public key is used. A “cold” offline wallet and a “hot” online wallet are the two types of wallets available.
Cold wallets, also known as hardware wallets, are the most secure since your assets are held offline in a physical device. Ledger is a reputable wallet manufacturer that offers a range of cold wallets to meet your needs. Cold wallets, on the other hand, can be inconvenient because they need you to connect them to an internet device to use them.
Hot or software wallets are far more convenient since they allow you to access your funds from anywhere. As a result of being online however, they are significantly more vulnerable to hacking.
Many leading exchanges have tackled this problem by backing up tokens stored in their wallets.
Often crypto traders will store the majority of their digital assets in a protected wallet like CryptoWallet. They’ll use an altcoin software wallet like MetaMask or TrustWallet to keep and trade altcoins like HERO. This ensures the bulk of their digital assets are secure and backed up.
We feel CryptoWallet is an ideal solution since it allows you to hold the top five cryptocurrencies by market cap volume (BTC, ETH, XRP, USDT, and LTC). Our mobile app lets you access and trade your tokens from anywhere, and our crypto card allows you to spend your funds at retailers around the world.
Other Useful Tools for Trading FarmHero
CoinMarketCap includes nearly every cryptocurrency and provides information such as cryptocurrency price history, whitepapers, community sites, market data, and much more. It’s a good place to start if you’re unfamiliar with a token. You’ll also be able to see where you can buy or sell the coin.
If you find it difficult to keep up to date on all the news about cryptocurrencies, Coindar might be a useful app. Coindar is a handy crypto calendar app to keep track of airdrops, hard forks and more. You can turn on alerts for tokens you’re interested in too! It’s a vital tool for a trader with a diverse crypto portfolio.
Shrimpy is a useful tool for managing your crypto portfolio. It lets you connect all your wallets and exchanges so you can easily view and track your holdings in one location.
Can I buy FarmHero with cash?
No. Although several platforms claim to allow you to purchase FarmHero with cash, it is important to undertake thorough research before acquiring any crypto tokens online. These websites are frequently frauds aimed at stealing your personal information or assets.
Are there any quick ways to buy FarmHero in Europe?
The most safe and effective way to buy HERO tokens is to first get BTC tokens using an exchange like CryptoWallet and then swap them for FarmHero on an altcoin exchange. Our mobile app simplifies the process of acquiring tokens, allowing you to trade crypto currencies wherever you are. Because CryptoWallet is a registered and regulated site for obtaining digital assets, you can be confident that your funds are safe.
Are there any alternative platforms to buy FarmHero or Bitcoin with credit cards?
Many platforms claim to accept credit or debit card purchases of FarmHero or Bitcoin. However, many of these networks are scams intended to steal your personal information or funds.
That’s why you should always do your own research (DYOR) before buying any cryptocurrency online. When using a credit card, always buy cryptocurrencies from a regulated and secure platform like CryptoWallet.