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How to Dive in quickly to De-Fi (simple!)
A simple & quick guide to managing and putting your crypto to work….
The gateway to a new world of bankless finance is opening, and it’s well worth exploring some top tools and projects.
Accept a little risk and trust in the tech. If you can’t do this, then maybe wait a while.
- First, get a MetaMask ethereum browser wallet all your own. Safely store or write down the seed or backup details.
You’ll need to load it up with some Ethereum, sent from Coinbase or wherever you change your fiat (dollars etc) into crypto.
Note: MetaMask supports a wide range of cryptos and tokens, in the Ethereum ecosystem, but not all. Some require dedicated wallets.
You’re now ready to transact online!
Note: At this time, Ethereum blockchain fees are very high, but you can still explore and experiment with Web3. Currently, there are bridges being built between blockchains which should lessen these fees, but this may take more time. (Check out Cosmos and Polkadot) There is also Ethereum 2 solutions in the works.
- Next, a great place to start is Zerion.io. Log-in with your MetaMask to manage your wallet contents. It’s a little clearer to use than MetaMask itself.
