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Recently, $KASPA has been gaining significant attention within the cryptocurrency sphere.
But what is it?
Kaspa is a decentralized, open-source cryptocurrency that utilizes the GHOSTDAG protocol, a scalable generalization of the Nakamoto Consensus, to achieve instant transaction confirmation and high block rates without compromising security. It is designed to be a scalable and secure Layer-1 solution, aiming to address the limitations of traditional blockchains. Kaspa’s native cryptocurrency, KAS, is used for all on-chain transactions and to distribute mining rewards. The project is community-governed and has a strong focus on developer experience.
As of writing, Kaspa has seen a huge surge in demand.
How To Buy
So how do we get a slice of the action?
Here’s the easiest possible way to buy some.
Step 1: Download MetaMask
Metamask is a chrome extension crypto wallet that allows you to store your coins. This is where our Kaspa will be stored.
Step 2: Load your wallet with ETH
Each transaction you make on Metamask is paid for using Ethereum, so we’ll need some of that. Open Metamask and click the “Buy/Sell” button.
Once you are at the buy/sell menu, click the option to purchase crypto.
There are many ways to pay, including Paypal, so choose the easiest option for you and buy some Ethereum.
Step 3: Buy Kaspa On Uniswap
Once you have ETH in your wallet, we’re going to go to the exchange, where we actually purchase Kaspa.
The exchange is called Uniswap.
Navigate to Uniswap and click “Select Token”
Search for Kaspa and select it. Now we need to connect our wallet, so click the “connect wallet” button so your wallet is connected to the site.
After the connection is successful, select the amount of eth you want to purchase, and click the buy button. Go through the necessary steps outlined by metamask to confirm the transaction.
Step 4: Confirm The Purchase was Successful
So how do you make sure that the purchase was successful?
Click MetaMask and select “import tokens” and then click “custom token” and put in the following info: 0xDA0e01dF73685568857d978CE573bd8b0ca18Bbd
Once you import the Kaspa token, you’ll be able to see it in your wallet. You’re good to go!
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