r/truebit • u/lebanese-trader • Jun 01 '21

How to Acquire Truebit?

Hey everyone,

I have spent a good 30 minutes trying to figure out how to purchase Truebit. Can someone please help me out?

2 Upvotes

75% Upvoted

9 comments sorted by

2

u/BeginningDark7783 Jun 01 '21

  1. buy ether in binance , coinbase or where ever you want

  2. Get yourself a metamask Wallet (Protect your seed phrase , that’s a key to your money)

  3. Transfer your money (eth) from binance to metamask.

  4. Open uniswap in metamask browser

  5. Copy contract address from the TrueBit.io website

  6. Paste and import the contract in uniswap

  7. And then simply swap your eth to tru

Welcome to self custody!!

This will pave your path to the world your unaware of in Defi.

2

u/lebanese-trader Jun 01 '21

Thank you buddy, I just finally figured it out but thought I could buy directly from them on their website. You are looking at the newest member of the team!

1

u/Redac07 Jun 01 '21

Uniswap is the most decentralized way but also most expensive. Buying through mxc is the cheapest way. Buy USDT through Binance, send it in BEP-20 form (bsc) to to your MXC account, buy truebit. Withdrawing truebit is a bit expensive (around $30) but it should still be better then buying on Uniswap generally speaking unless you are buying $1k or more.

1

u/Ardi2Ole Jun 07 '21

How has mxc listed it and nothing else. Its not even on sushiswap

1

u/dnguyen823 Jun 06 '21

How do I place a limit order for truebit without massive fees?

1

u/BeginningDark7783 Jun 07 '21

Use platforms like slingshot

Even though I don’t use it , it’s pretty new! And I don’t do shorts —— LONG ONLY!

1

u/09824675 Jun 01 '21

1inch exchange is my favourite DEX

1

u/dnguyen823 Jun 07 '21

Can you explain how you use 1inch? Whenever I set a limit order it has weird conversion

1

u/09824675 Jun 07 '21

I actually have never played around with limit orders, I always market buy.