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What is Marshmallow Crypto… Check out this article!
Step 1: Sign Up on Crypto.com App and Get Your Referral Bonus To begin your journey, sign up on the Crypto.com app using my referral link https://crypto.com/app/q8gn9z2c64, and both of us will receive a bonus. This step is crucial as it sets the foundation for accessing the Crypto.com ecosystem, where you’ll initially purchase BNB, the cryptocurrency you’ll need to acquire Marshmallow Crypto. You will need to connect a bank or credit card to make a purchase. Details are here.
Step 2: Purchase BNB on Crypto.com App Once you’ve signed up and logged into the Crypto.com app, proceed to deposit fiat currency or use your credit card to purchase BNB (Binance Coin). BNB serves as the intermediary currency to acquire Marshmallow Crypto, and Crypto.com provides a user-friendly platform for this transaction with low fees.
Step 3: Install and Link Your Crypto.com DeFi Wallet App Now, it’s time to install the Crypto.com DeFi Wallet app, which offers decentralized finance functionalities. This wallet allows you to retain control over your funds and interact directly with decentralized applications (dApps) like Marshmallow Exchange. Ensure you link your DeFi Wallet to your Crypto.com app account for seamless fund transfers and management. Please watch the video above for the steps on linking your account.
Understanding the Difference: Crypto.com App (CEX) vs. DeFi Wallet The Crypto.com app, commonly referred to as a centralized exchange (CEX), offers a user-friendly interface for buying, selling, and trading cryptocurrencies. In contrast, the DeFi Wallet emphasizes decentralization, providing users with full control over their funds and access to decentralized finance protocols. By utilizing both platforms, you can enjoy the benefits of centralized liquidity and decentralized security.
Step 4 (Optional, but best practice): Secure Your Wallet and Enable 2FA As with any cryptocurrency transaction, security is paramount. Secure your Crypto.com DeFi Wallet by storing your private keys safely and enabling two-factor authentication (2FA). These measures ensure that only you have access to your funds and protect against unauthorized access.
- From the menu in the Crypto.com app, tap on Settings > Security > 2-Factor Authentication > Enable 2FA.
- Enter your passcode.
- Scan the QR code with an authentication app or copy the code to add it manually, by pressing on the small papers icon.
If you are looking for a 2FA provider, I recommend Authy. It’s web-based, and when switching phones or moving to your PC, it’s easily established if you maintain your security codes.
Step 5: Accessing Marshmallow Crypto Contract Address To ensure transparency and authenticity, you can verify Marshmallow Crypto’s contract address (0xB15A34DB9c3Ae3f88B3C7d4C16366cD12550318c) on the Marshmallow website. This allows you to confirm the legitimacy of the token and facilitates smooth transactions on various platforms.
Step 6: Purchase Marshmallow Crypto With your BNB securely stored in your Crypto.com DeFi Wallet, you’re now ready to purchase Marshmallow Crypto. We recommend using Marshmallow Exchange as proceed go towards roasting Marshmallows. You can buy MRSH directly using your DeFi Wallet. This minimizes price fluctuations and simplifies the transaction process.
- Navigate to your “Browser” tab.
- In the URL field, type marshmallow.exchange. Your wallet will prompt you to connect via BNB. Please accept.
- Click on the three horizontal lines in the top right corner to access the swap tab.
- Select the BNB swap to MRSH and enter the desired amount of BNB. Then, click swap to receive your MRSH.
- Don’t forget to bookmark the page for easy access next time you want to buy some more sweet marshmallows.
Step 7: Consider PancakeSwap for Larger Purchases or increased liquidity, as the bulk of our liquidity is locked there for 10 more months. By utilizing PancakeSwap, you can access a larger pool of liquidity and potentially secure better prices for your large transactions.
Step 8: Importing Marshmallow Crypto into Your Wallet to View Holdings. Their instructions are located here. Please note: Price will not be displayed this is because we require Crypto.com Defi Wallet to list our token. We would happily do that if they reach out or provide instructions.
- Open your Crypto.com DeFi Wallet and navigate to the appropriate section for importing tokens or adding custom tokens.
- Select the blockchain or chain where Marshmallow Crypto is based. For example, if Marshmallow Crypto is an Ethereum-based token, select the Ethereum blockchain.
- Locate the option to add a custom token or import tokens manually.
- Enter the contract address of Marshmallow Crypto. You can find the contract address on the official Marshmallow website or through reputable token tracking platforms.
- After entering the contract address, the wallet will automatically detect the token details, including the token symbol and decimals.
- Confirm the import by clicking on the “Import” or “Add Token” button.
- Once imported, your Marshmallow Crypto holdings will be displayed in your Crypto.com DeFi Wallet along with your other tokens and assets.
- You can now easily monitor your Marshmallow Crypto holdings and track their value directly within your wallet interface.
By following these steps, you can seamlessly import Marshmallow Crypto into your Crypto.com DeFi Wallet and conveniently view your holdings alongside other supported tokens.
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