In this guide you’ll get information about where to buy Badger DAO token, if you are planning to buy BADGER – You’re in the right place!
Badger DAO is a platform that is built on Aragon as a decentralized and open source mechanism that is designed to build infrastructure and products. The idea is to fast-track Bitcoin movement as collateral. Users can use it in Ethereum-based platform as well as other platforms with smart contract mechanism. The platform is basically a shared space for Badger builders (or developers). These developers can collaborate with one another, building Bitcoin and avail it as collateral as many platforms and blockchains.
Moreover, since it is acting as a DAO, the incentives would be aligned, which eliminates the unnecessary and needless competition. There are incentives from the mining pool (designed and dedicated for each build) and developers would get fees (a certain percentage of it). What makes the platform different from the others is its existence with audited measures and codes, which are designed to prevent whale games.
Badger DAO (BADGER) Features
- SETT. Think of it as the ‘home’. This is a DeFi automated aggregator focusing on the (tokenized) Bitcoin assets. Through SETT, users would be able to optimize the yield they get without having to deal with complicated matters, such as gas fees, multiple transactions, and so much more.
- Digg. It is the (non-custodial) synthetic BTC, acting as the elastic crypto supply pegged to Bitcoin’s price. The supply would be automatically adjusted across the entire wallets on a daily basis, based on the value of USD. Basically, if the price of Digg is higher (than Bitcoin), then the wallet balance would increase. If it is lower, then the balance would automatically decrease.
- Flexible parameter. SETT and Digg are created to remove the requirements for centralized sector and party, delivering elastic parameter within smart contracts. It is done to maintain and regulate the peg. In general, this mechanism will deliver stable and safe environment, especially for profitable investment and for long-term setting.
Where to Buy, Sell and Trade Badger DAO aka BADGER
You can basically use debit card, credit card, or even PayPal to buy the Badger DAO (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the Badger DAO as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy the Ethereum or Bitcoin first. After you get the Ethereum or Bitcoin, you can convert it to Badger DAO. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum or Bitcoin
- Find a crypto exchange that supports Badger DAO currency and exchange your Ethereum or Bitcoin with the Badger DAO
- Store your Badger DAO to a secured wallet
Step 1: Buy Bitcoin (BTC) or Ethereum (ETH) at Coinbase
There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options.
Get $10 Bonus when you sign up for Coinbase!
- You will be asked to through the process of confirming your e-mail address as well as verifying your identity. It would be best if you went through that procedure at once to avoid any issues before putting money on the platform. Coinbase will ask for personal information such as your home phone number, your address, and proof of your identity using an official document such as a passport or a driver’s license.
- Keep in mind that Coinbase takes some time to verify your ID, but once your account is verified, things can move forward on your end. By confirming your identity, you will have better security on your account, and the people working at Coinbase will be able to help you with easy on any issue you face. You will also be able to trade larger numbers of money on your transactions as well as other perks related to the trading information the goes inside the platform.
- You can also manage your payment options. As we mentioned previously, the sites make it very easy to handle FIAT money to pay for the altcoins you want to have in your portfolio. You can check in your bank account to make direct deposits or withdrawals. While this method is excellent, it takes at least two days to verify it on Coinbase’s end. You can also register your credit cards, debit cards, and even your PayPal account in the buy/sell link located on the top menu.
That’s the first step in buying Badger DAO, once you get your Bitcoin or Ethereum, you can continue to the next step.
Step 2: Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH with Badger DAO:
IMPORTANT! Once you are registered to any of the above, find the BTC/BADGER or ETH/BADGER trading pair and then place the order to buy those pairing cryptocurrencies. Go back to COINBASE and transfer/exchange your Bitcoin/Ethereum.
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your Badger DAO (BADGER) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy Badger DAO (BADGER) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the Badger DAO. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy Badger DAO (BADGER) with Cash?
You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.
Can I Buy Badger DAO (BADGER) with Skrill?
You can’t buy BADGER directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to Badger DAO. You can buy BTC/ETH with skrill by using these exchanges::
Can I Buy Badger DAO (BADGER) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair BTC/BADGER and begin the transactions.
Can I Buy Badger DAO (BADGER) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support ETH/BADGER trading pair.
What Is the Best Payment Method to Buy Badger DAO (BADGER)?
The cheapest way is to use bank account to buy Bitcoins first or to buy the Badger DAO right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect Badger DAO (BADGER)?
Once you have purchased the Badger DAO, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell Badger DAO (BADGER)?
Find a crypto exchange which allow pairing BADGER with BTC or ETH – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine Badger DAO (BADGER) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a Badger DAO is to buy it from a reliable exchange.
Anyone should be able to make use of the platform, especially for developers who want to make use of the open source environment. Those who want to develop DeFi applications and focus on Bitcoin’s development can use the platform to reap all of the provided features and benefits. For long-term investment, this platform is profitable. However, the only way to gain access to buy the Badger DAO (BADGER) first, and then you can reveal all the benefits.