Badger DAO is a cryptocurrency project that aims to design infrastructures and products to make Bitcoin collateralization possible on multiple blockchains. Essentially, Badger DAO is a decentralized autonomous organization where developers collaborate on different projects and generate fees while doing so. 

The protocol makes room for everyone, as there are no participation requirements. Owing to the fact that the project is community-driven, it has been able to garner some traction in the marketplace. In this guide, we’ll walk you through how to buy Badger DAO from the comfort of your home. 

How to Buy Badger DAO: Quickfire Walkthrough to Buy Badger DAO In Less Than 10 Minutes 

Badger DAO is a cryptocurrency project that has grown impressively since it was launched. If you have recently realized the benefits of holding Badger DAO tokens, then you may be looking to buy some. 

A decentralized exchange or DEX like Pancakeswap makes the process pretty easy for cryptocurrency beginners and veterans alike. You can follow these steps to buy Badger DAO in less than ten minutes. 

  • Step 1: Download Trust Wallet: If you intend to buy Badger DAO tokens, you will need a wallet to store them. Impressively, with Trust Wallet, you can access Pancakeswap to buy your desired token while also getting an excellent option for storing your Badger DAO coins. Simply open the App or Google Play Store to download and install Trust Wallet in less than a minute. 
  • Step 2: Search For Badger DAO Tokens: You can locate the coin by typing it into the bar at the upper right corner of your Trust Wallet. You will find Badger DAO tokens among the many other coins listed by the wallet. 
  • Step 3: Add Cryptocurrency Assets to Your Wallet: You need to add some digital tokens to your Trust before you can trade. You may decide to purchase some from Trust Wallet with a credit or debit card. Alternatively, you can transfer some digital assets from another source to your Trust Wallet. 
  • Step 4: Connect to Pancakeswap: Now, you can purchase your Badger DAO coins. First, locate the ‘DApps’ icon on your Trust Wallet and choose Pancakeswap from the options displayed. Then, you can click the ‘Connect’ icon to access Pancakeswap on your Trust Wallet. 
  • Step 5: Buy Badger DAO Coins: To purchase the token, click on the ‘Exchange’ tab on the Pancakeswap page. The tab produces a ‘From’ icon – click on it and you’ll see a drop-down box. Here, you will choose the cryptocurrency you transferred or bought earlier with your card.

Then, locate the ‘To’ tab and choose Badger DAO from the options Pancakeswap provides. Subsequently, decide on the number of tokens you want and select ‘Swap’ to confirm the exchange. Once you do that, you have just bought your Badger DAO tokens and can decide to hold them or transact with the token in any manner you desire. 

Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile. 

How to Buy Badger DAO: Full Step-By-Step Walkthrough 

If you have never traded cryptocurrencies before, you may find learning how to buy Badger DAO a bit challenging. However, using a DEX like Pancakeswap simplifies the process for you. 

Here, we have thoroughly discussed how to buy Badger DAO and are confident this guide will attend to all your questions adequately. 

Step 1: Download Trust Wallet 

You cannot store cryptocurrency tokens without a wallet. Experienced and new cryptocurrency holders will find Trust Wallet very suitable for this purpose owing to its user-friendliness and security. More importantly, the wallet allows you to access Pancakeswap seamlessly. 

Trust Wallet is available to both Android and iOS users. With a swift internet connection, you can download and install it in a very short time. While setting up your account, we advise that you use an impenetrable and unforgettable PIN, as it will be one of the barricades between your tokens and cryptocurrency hackers. 

Additionally, you will receive a unique 12-word seed phrase from Trust Wallet. With this seed phrase, you can easily retrieve your account if you lose your mobile device or forget your PIN. 

Step 2: Add Cryptocurrency Assets to Your Wallet

Aside from owning a cryptocurrency wallet, you will also need to deposit some tokens into it before you can trade. There are typically two options for this, and you may choose the one you find suitable. 

Transfer Cryptocurrency From an External Wallet 

You can fund your Trust Wallet by transferring digital currencies from another wallet. The process is straightforward, and following these steps will see you complete it in a short period. 

  • Locate the ‘Receive’ icon in your Trust Wallet. 
  • Trust will show you all the cryptocurrencies you can receive, and you may click on the one you want to transfer from the external wallet. 
  • Next, you can copy the unique address Trust Wallet gives you. 
  • Lastly, open your other wallet and paste the copied address in the ‘Send’ tab. Choose the quantity you want, and then finalize the transaction. 

You will receive the tokens you have just transferred within 10 – 20 minutes. 

Purchase Cryptocurrency With a Credit/Debit Card

Alternatively, you may be new to cryptocurrency trading and not own any coins yet. This means that you likely have no other wallet to transfer from. In that case, you can easily purchase some digital currencies with a credit or debit card by following the steps below.

  • Once you find the ‘Buy’ icon, Trust Wallet will show you the list of tokens you can purchase. 
  • There are many tokens available on Trust Wallet, but we suggest opting for Binance Coin. This is because Defi coins like Badger DAO operate on the Binance Smart Chain.  
  • Trust Wallet has a mandatory Know Your Customer (KYC) process that you have to complete before purchasing any token. This process requires you to provide some personal information and a government-approved identity card which could be your passport or driver’s license. 
  • After completing the KYC process, you can enter the number of tokens you want into the system and complete your trade. 

Trust Wallet will notify you of the tokens you have just bought within a short period. 

Step 3: How to Buy Badger DAO Tokens Through Pancakeswap

With your Trust Wallet funded, you can now buy Badger DAO through Pancakeswap. The process of how to buy Badger DAO is a simple one, and you can follow this short guide to complete it within minutes. 

  • Click on the ‘DEX’ tab in your Trust Wallet and choose the ‘Swap’ option. 
  • You will see a ‘You Pay’ tab, and you can choose the cryptocurrency token and quantity needed for the exchange. Please note that it has to be the tokens you purchased or transferred earlier. 
  • Then, in the ‘You Get’ tab, you may select Badger DAO from the available options. The system will show you the number of Badger DAO coins equivalent to the token amount you imputed. 
  • Finally, you can complete the transaction and await your Badger DAO tokens. 

Your Badger DAO coins will reflect in your Trust Wallet and remain there for as long as you want them to. 

Step 4: How to Sell Badger DAO

While learning how to buy Badger DAO, you also need to look into ways to sell. You cannot skip this process if you want to cash out the profit you intend to make from buying Badger DAO. 

You can sell Badger DAO in two ways, as you will realize shortly. 

  • You may choose to swap Badger DAO for another cryptocurrency. Pancakeswap makes this possible by going through a reversal of the buying process. This means that you will select Badger DAO from the ‘You Pay’ tab and the new token you want under ‘You Get.’ 
  • Alternatively, you may decide to sell your Badger DAO coins for fiat money. Here, you will have to move the tokens to a third-party trading platform like Binance. Fortunately, Trust is Binance’s native trading wallet, making it seamless to transfer your Badger DAO tokens there. Notably though, before you can sell your Badger DAO coins on Binance, you must complete its required KYC process. 

Where to Buy Badger DAO Tokens Online 

There are now plenty of cryptocurrency trading platforms, and the majority of them allow you to buy both renowned and minor tokens. As such, getting a platform to buy your Badger DAO tokens might not be a problem.

However, a DEX like Pancakeswap is the best option for you because it offers impressive features that make it suitable to buy Badger DAO tokens. 

Pancakeswap – Buy Badger DAO Coins Through a Decentralized Exchange

Pancakeswap offers you numerous benefits. However, the most important is that it dispenses with the need for a trading intermediary when buying Badger DAO. The decentralized finance arena seeks to make trading possible without relying on central third parties, and this DEX facilitates that goal. Consequently, Pancakeswap has been able to garner traction as a leading DEX in the marketplace.

Furthermore, if you have some idle Badger DAO coins on Pancakeswap, you have numerous opportunities to profit from them. Through staking and other farming opportunities on Pancakeswap, you do not need to enter and exit the market at intervals to earn a profit. Holding Badger DAO is a way of contributing to the protocol’s liquidity pool and earning accordingly. 

As a cryptocurrency trader, you may also enjoy the occasional lottery and prediction games available on the DEX. With Pancakeswap, you stand a chance to increase your earnings by making accurate predictions. Essentially, these games involve your ability to predict the coins that will qualify as gainers and if you do so correctly, you get to earn some money.

Pancakeswap also charges low fees of between $0.04 to $0.20 on your Badger DAO transactions, irrespective of their magnitude. Additionally, the DEX boasts of a fast transaction speed, meaning you can complete Badger DAO trades within short time frames. All of this makes the DEX a suitable option for buying Badger DAO tokens.

Ways to Buy Badger DAO?

Learning how to buy Badger DAO is not enough when deciding to delve into cryptocurrency trading. You also have to consider where you can buy the coin, and in this case, the best ways to make a purchase. 

Buy Badger DAO With a Credit/Debit Card

You can seamlessly buy Badger DAO coins with your credit or debit card. However, you will first have to complete Trust Wallet’s KYC process. 

When you complete the KYC process, you may go ahead to purchase a renowned cryptocurrency token. Following that, you can connect your Pancakeswap to Trust Wallet. Finally, swap the tokens you just bought for Badger DAO. 

Buy Badger DAO With Cryptocurrency 

On the other hand, you will find it very easy to buy Badger DAO with cryptocurrency. If you already have digital tokens in another wallet, you can transfer some to your Trust Wallet. 

Then, connect to Pancakeswap and seamlessly exchange the tokens you transferred for Badger DAO

Should I Buy Badger DAO Tokens?

One of the essential questions you have to ask and answer independently is whether or not you should buy Badger DAO coins. The question is best answered after you’ve made sufficient personal research to understand the project.

While you are conducting your extensive research, you may also consider the Badger DAO features we have highlighted below.

Suitable Entry Price

Badger DAO, as of mid-August 2021, has a price of just over $26. When you compare it against other Defi coins such as Lido and renBTC, this token has a low price. Depending on your budget, this might be a suitable entry point for you, since the coin still has a low price. 

Cryptocurrency holders typically enjoy purchasing coins when the price is low to profit from their investment when the token witnessed a boom. More so, since the coin has an all-time high of over $80, this might be a good indication that now is the right time to buy.

Regardless of these indications and pointers – it’s crucial that you do your personal research before eventually buying Badger DAO.

Growth Record 

Badger DAO has an impressive growth record. With that said, the coin did not witness significant growth until early 2021. Badger DAO had an all-time low of $2.77 on 05 December 2020. However, not long after that, the coin began a notable bull run. 

  • The project hit an all-time high of $89.50 on 09 February 2021, barely three months after its price plummeted.
  • As a result, if you had invested in the project at its all-time low, you would have witnessed an increase of over 3,000% on 09 February 2021.

Therefore, with Badger DAO at just over $26 as of mid-August 2021, it’s safe to say entering the market now comes at a discount of about 250%.

Decentralized Governance 

Badger DAO is an open-source protocol with BADGER as its governance token. The essence of this project is to build a medium for collateralizing Bitcoin on different smart contract platforms. The protocol is committed to ensuring adequate decentralization and as such, there was a fair distribution of Badger DAO tokens at the project’s initial stage. 

Badger DAO token holders all partake in running the ecosystem. Therefore, when you hold Badger DAO, you also have a stake in contributing to important decisions concerning the protocol.  This community approach of the protocol also contributes to the traction the coin enjoys in the marketplace.

Badger DAO Price Prediction

One of the factors that influence the price of Badger DAO is market speculation. This is perfectly normal in the cryptocurrency world. These speculations drive the rate at which people enter and exit the market. In addition, the Fear Of Missing Out (FOMO) also contributes to the volatility of cryptocurrencies.

As such, the price of Badger DAO fluctuates and can hardly be correctly predicted. So, if you want to purchase the coin, it is best to avoid Badger DAO price predictions and focus on researching thoroughly instead.

Risks of Buying Badger DAO 

The major risk of buying Badger DAO or any other cryptocurrency is that the price can suddenly drop. But, on the other hand, it may also skyrocket after you enter the market. 

  • If the price of Badger DAO decreases after you buy some, you will have to wait until it surpasses the value at which you purchased the tokens.
  • Now, the risk here is that such an increase may never happen, meaning you may have to incur the loss. 
  • Therefore, it’s advisable to follow some strategies to hedge your Badger DAO investment.

First, it is best to fully understand what Badger DAO as a project aims to achieve. You may also consider diversifying your Badger DAO investment by purchasing other coins as well.

Lastly, you may choose to buy Badger DAO tokens at intervals. That way, you get to enter the market at various cost prices – rather than relying on one entry-point.

Best Badger DAO Wallets

Storage options are essential in cryptocurrency trading. These are referred to as wallets and there are various options in the market. To guide you toward choosing a suitable wallet for storing Badger DAO tokens, we have highlighted the best ones here. 

Trust Wallet – Overall Best Wallet for Badger DAO 

Choosing Trust as the wallet to store your Badger DAO tokens is a smart way to go. First, the wallet provides you with ease of access and it is available to both Android and iOS users. Trust Wallet is also very secure and has impressive backup measures in place. Lastly, you can store a diverse number of cryptocurrencies on it. 

Ledger Wallet – Best Badger DAO Wallet for Security

Generally, hardware wallets are a more secure option because they store your Badger DAO private keys offline. This makes it extremely difficult for hackers to reach your wallet. Ledger Wallet also supports over 1,000 different tokens, making it convenient to diversify your portfolio. 

Coinomi Wallet – Best Badger DAO Wallet for Convenience 

Coinomi offers you both security and convenience. Coinomi has never been hacked, which adds to the wallet’s credibility as a safe option for storing your Badger DAO coins. The wallet is also suitable for you if you intend to purchase other tokens. Lastly, you can use your Coinomi Wallet on any smartphone or desktop. 

How to Buy Badger DAO – Bottom Line

Now that you have completed our guide on how to buy Badger DAO, we are confident that you can purchase the tokens with ease and within a short period of time. The process is a seamless one once you understand the necessary steps. All you need to do is download Trust Wallet and connect it to Pancakeswap to then buy Badger DAO tokens.

Buy Badger DAO Now via Pancakeswap

 

 

Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.

FAQs

How much is Badger DAO?

Although the price of Badger DAO fluctuates across the day, as at the time of writing in mid-August, the coin is worth just over $26.

Is Badger DAO a good buy?

This is a question you should answer only after you’ve researched adequately on the project. Badger DAO might be a good buy depending on your investment goals and what you intend to achieve. So, when you assess the coin’s prospects in line with your goals, you can arrive at the right answer to that question.

What is the minimum Badger DAO tokens you can buy?

The coin doesn’t place a limit on the amount you can buy. You may, however, face a limitation when buying the coin through certain brokers. But where that’s not the case, you can buy as little as you desire. In fact, you may buy less than one token should you wish.

What is the Badger DAO all-time high?

Badger DAO hit its all-time high of $89.50 on 09 February 2021.

How do you buy Badger DAO tokens using a debit card?

With Trust Wallet, you can buy an established cryptocurrency which you’ll swap for Badger DAO tokens. Complete the wallet’s KYC process and choose the established token you desire, for instance, BNB, BTC, or ETH. Enter your card details and finalize the purchase process. After that, connect to Pancakeswap and exchange the tokens for Badger DAO.

How many Badger DAO tokens are there?

There’s a circulating supply of over 10 million Badger DAO tokens. The coin also has a maximum supply of 21 million tokens. Finally, the coin has a market cap of over $250 million as of mid-2021.