How to Buy Quickswap: Invest in QUICK Tokens Today!
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QUICK is the native token of Quickswap, a decentralized exchange built on the Polygon blockchain (formerly MATIC). Due to its relationship with the Ethereum network, the exchange allows for the trading of all ERC-20 tokens in a cost-effective manner.
Since Quickswap operates to reduce trading costs and time on the Ethereum network, its governance token might interest you. Quickswap allows you to create and vote on proposals on the platform. The token also offers you extra earnings on the side – as Quickswap rewards investors with 0.3% of the entire trading fees collected on the platform.
If you’re interested in learning how to buy Quickswap, we have created this comprehensive guide to fast-track the process for you.
Contents
- 1 How to Buy Quickswap: Quickfire Walkthrough to Buy Quickswap in Less Than 10 minutes
- 2 How to Buy Quickswap – Full Step-by-Step Walkthrough
- 3 Where Can You Buy Quickswap Online?
- 4 Ways to Buy Quickswap
- 5 Should I Buy Quickswap?
- 6 Risk of Buying Quickswap
- 7 Best Quickswap Wallet
- 8 How to Buy Quickswap – Bottom Line
- 9 Buy Quickswap Now via Pancakeswap
- 10 FAQs
- 11 How much is Quickswap?
- 12 Is Quickswap a good buy?
- 13 What is the minimum Quickswap tokens you can buy?
- 14 What is the Quickswap all-time high?
- 15 How do you buy Quickswap tokens using a debit card?
- 16 How many Quickswap tokens are there?
How to Buy Quickswap: Quickfire Walkthrough to Buy Quickswap in Less Than 10 minutes
For the experienced pros reading this page, the quickfire walkthrough below has been written to succinctly guide you on the steps involved in how to buy Quickswap.
Buying Quickswap is similar to the way you buy any other Defi coin, and you can do this easily if you understand how crypto-to-crypto exchanges work.
We will explain in clear terms below.
- Step 1: Download Trust Wallet: To safely store Quickswap, you need to get a wallet. As such, this should be your first step. We suggest you get Trust Wallet for ease of access. You can download Trust on the Google Play or App Store and install it on your phone. Once you set up your wallet, you can go on to look for Quickswap.
- Step 2: Search for Quickswap: Locate the coin using the search button at the top right corner of the screen. Type “QUICK” in the box and click on the coin among the options listed.
- Step 3: Add Cryptocurrency Asset to your Wallet: Before you can buy Quickswap, you need to have digital tokens in your wallet. Add established cryptocurrency assets to your wallet by transferring them from an external source or buying directly on Trust with Visa or MasterCard (KYC required).
- Step 4: Connect to Pancakeswap: Once your wallet is funded, you can move on to the next step. This is where you connect your wallet to Pancakeswap. All you need to do is to click on ‘DApps’ from the Trust Wallet homepage. Then, pick Pancakeswap and click on ‘Connect.’
- Step 5: Buy Quickswap: Having connected to Pancakeswap, you can go ahead to buy this token. Click on ‘Exchange’ and go to ‘From.’ Then, pick the cryptocurrency you want to exchange for Quickswap and go to ‘To’ – where you will select Quickswap from the options available. After completing all the steps, you will get the purchased Quickswap tokens in your wallet in a few minutes.
There it is; you have just learned how to buy Quickswap from the comfort of your home.
Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.
How to Buy Quickswap – Full Step-by-Step Walkthrough
Our quickfire walkthrough is targeted at those with sufficient knowledge of buying cryptocurrencies from a DEX. Therefore, if you’re just getting started on how to buy Quickswap, you might still be somewhat confused.
Hence, for beginners, we have created an extensive guide. This step-by-step walkthrough will also be helpful if you’re a seasoned trader who wants more insights into the Quickswap token.
Step 1: Download Trust Wallet
The first thing to do is download Trust Wallet. While there are several wallet options, Trust has the best features for new and experienced investors. The wallet is also free.
So, you can go to the Google Play or App Store (whichever works for your phone) and download Trust. Then, install the wallet on your phone and follow the prompts. After installing the app, create a wallet by clicking on the ‘Add Wallet’ icon.
This step will require you to formulate a strong PIN for your wallet. You should pick a PIN that others cannot easily guess but that you can conveniently remember. After inputting your PIN, Trust will provide you with a seed phrase to help you recover your wallet in case of a loss.
Step 2: Add Cryptocurrency Asset to Your Trust Wallet
Once you have set up your Trust, you can fund it by adding some established cryptocurrency to the wallet. There are two ways to add assets to your wallet. The first is to transfer cryptocurrency from an external wallet, while the second is to buy directly on Trust using a credit/debit card.
This is because you cannot buy QUICK tokens directly with fiat money, so you need to have an established cryptocurrency such as Bitcoin (BTC) or Binance Coin (BNB). To get these assets, you can follow any of the two ways enumerated below.
Send Cryptocurrency from an External Wallet
You can add cryptocurrency assets to Trust by transferring some from an external wallet. This method is pretty straightforward if you have another wallet in addition to Trust. If that’s the case, follow the process below to transfer cryptocurrency from one wallet to another.
- On your Trust Wallet, click on ‘Receive.’
- Select the asset you wish to transfer into the wallet.
- Trust will provide you with a unique wallet address; copy it.
- Open the other wallet and paste the copied address.
- Input the number of digital tokens you intend to transfer and confirm.
Your digital asset will reflect in your Trust Wallet within a few minutes.
Buy Cryptocurrency Using Credit/Debit Card
If you do not have another wallet with tokens readily available, you can buy established cryptocurrency assets directly on Trust.
Follow the steps below and you’ll be done in no time:
- On Trust Wallet, click on ‘Buy.’
- Pick the coin you want to purchase. This should be an established cryptocurrency such as BTC or BNB.
- Complete the Know Your Customer process. Here, you have to upload a valid ID card.
- Enter the amount of cryptocurrency you intend to buy and confirm the trade.
Wait as your asset is deposited in your wallet.
Step 3: How to Buy Quickswap through Pancakeswap
Now that you have funded your wallet, you can buy Quickswap. You can buy Quickswap through either centralized or decentralized exchanges (DEX). However, it would be best to opt for a DEX like Pancakeswap since the platform offers better opportunities for your Quickswap tokens.
Connect Pancakeswap to Trust Wallet and follow these steps to buy Quickswap tokens.
- Click on ‘DEX’ and follow that by selecting ‘Swap.’
- Click on ‘You Pay’ and pick the cryptocurrency you want to exchange with. Your pick should be the same cryptocurrency in your wallet.
- Enter the amount you want to swap and click on ‘You Get.’
- Choose Quickswap from the options listed and view the exchange rates between the two.
- If it looks good to you, click on ‘Swap’ and confirm your trade.
You will get your Quickswap tokens shortly afterward.
Step 4: How to Sell Quickswap
Essentially, there are two ways to go about this. The first is to sell for fiat money, while the second is to exchange the token for another cryptocurrency asset. For the second method, you’ll be selling Quickswap in a similar manner to how you purchased the token.
Let’s provide a sufficient explanation of the two methods.
- If you want to sell your Quickswap tokens for fiat money, you have to connect to a centralized platform such as Binance. Create an account on the platform, send in your tokens, and sell them for fiat money. Concerning this option, you’ll need to complete a KYC process on Binance.
- The other method is to exchange your Quickswap for another asset. You can do this on Pancakeswap, where you have a wide range of cryptocurrency assets to choose from. Once you decide on the asset you want to get, follow the process you took to buy the token in reverse. That is, you now have to pick Quickswap under ‘You Pay’ instead of ‘You Buy.’
Where Can You Buy Quickswap Online?
You need to know where you can buy Quickswap and the best options available. There are different exchanges available for you to use. However, we suggest considering Pancakeswap, a DEX that offers you impressive opportunities to maximize your Quickswap returns.
Pancakeswap – Buy Quickswap Through a Decentralized Exchange
Pancakeswap is a DEX that leverages the Automated Market Maker (AMM) model for its operations. The AMM is an independent trading model that pairs you against the system when buying your Quickswap tokens. This means that the DEX uses the liquidity pool to pair buyers and sellers, rather than market order books.
An impressive feature of this DEX is the liquidity pool. You can stake your Quickswap tokens in this pool to gain a profit. Furthermore, the DEX offers you a fast transaction speed, meaning you can complete multiple Quickswap trades within a short period. This is in addition to the low transaction fees charged by the platform on your Quickswap tokens.
Since its launch, Pancakeswap has continued to grow in the cryptocurrency world. This development is due to the DEX’s innovative features, which other similar platforms are yet to catch up on. These perks include the yield farms – where you can stake the platform’s native token, CAKE. Others include the prediction pool, lottery, and NFTs, where you can stake your Quickswap.
All of this points to the suitability of this DEX in buying your Quickswap tokens. You can get started by downloading Trust, a wallet that connects to Pancakeswap seamlessly. Buy an established coin in your wallet and exchange it for Quickswap on Pancakeswap. That’s it, you’ve successfully bought your Quickswap token through Pancakeswap.
Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.
Ways to Buy Quickswap
When learning how to buy Quickswap, one of your major concerns is the best way to invest in the coin. There are two ways for you to go about this. You can buy Quickswap with cryptocurrency or with a credit/debit card.
We’ll discuss these two methods below – from which you can choose the one that works best for you.
Buy Quickswap with Cryptocurrency
It is possible you have cryptocurrency assets in another wallet asides from Trust. If that’s the case, you can transfer the assets to your Trust Wallet. Once you do this, you can swap the cryptocurrency for Quickswap on a DEX such as Pancakeswap. Simply connect your Trust to Pancakeswap and exchange the transferred cryptocurrency for Quickswap.
Buy Quickswap with Credit/Debit Card
You can also buy Quickswap using a credit/debit card. To do this, you will use your card to buy a popular coin on Trust (e.g. BNB). Then, connect to Pancakeswap and exchange the cryptocurrency for Quickswap tokens. Do note that buying a coin through your debit/credit card on Trust Wallet means you have to go through the required KYC process.
Should I Buy Quickswap?
While learning how to buy Quickswap, it’s imperative to assess whether or not purchasing the coin is a good investment. This is why you should never buy an asset without first researching its pros and cons.
Therefore, to help you through this process, we have provided some of the factors you should assess when contemplating buying Quickswap.
Bridges a Significant Gap
The Quickswap project is handled by a creative team of developers who have leveraged the Layer-2 infrastructure to improve Defi transactions. Before Quickswap was launched, transacting on the Ethereum blockchain had become tasking due to the congestion on the network and the enormous charges.
As such, Quickswap was launched to provide solutions to these issues by offering fast block formation time and lower fees. The implication of this is that more investors and developers alike are becoming increasingly interested in Quickswap. This growing interest has contributed immensely to the coin’s growth in the marketplace.
High Liquidity Yields
Another impressive perk about the Quickswap protocol is the pooling experience it offers users. You can enjoy a high annual percentage yield (APY) if you contribute toward the protocol’s liquidity.
- This offers token holders a way to make extra earnings from Quickswap without selling off their assets.
- Other features of the Quickswap protocol include yield farming, non-custodial trading, and permissionless listings.
- There’s also great regard for community governance, meaning token holders get to participate in the key decisions affecting the platform.
Having this kind of stake in a protocol is often an incentive for investors, so you yourself might find this appealing.
Growth Trajectory
Considering Quickswap’s growth trajectory is also an effective way to evaluate the project. The coin launched in July 2020. Ever since the coin launched, it has witnessed impressive growth with an increasing 24-hour trading volume. This has also been reflected in the coin’s price movements.
On 06 April 2021, the coin hit its all-time low of $123.18. By the end of the same month, the coin reached its all-time high of $1,669.32. And as of the time of writing in mid-August 2021, the token trades at just over $670. The implication of this is that if you had invested in Quickswap at its all-time low, you’d have witnessed about a 1,200% price increase.
Notably, even at a price of about $670, you do not need to invest a substantial amount to gain impressive returns on Quickswap. Furthermore, entering the Quickswap market now still comes at a discount of over 60% – compared to its prior peak.
So, if this project fits into your budget and investment goals perfectly, you might want to consider buying it. Despite this, you should still do your research.
Quickswap Price Prediction
The price of Quickswap continues to fluctuate based on market alterations. Some commentators assert that the coin is expected to witness a sizable increase soon. However, you must know that all these are based on nothing but speculations. Therefore, you have to carry out your own research before investing in Quickswap.
Risk of Buying Quickswap
There are many risks involved in buying Quickswap, and you should be aware of all of them before you get started.
- The first is the threat of volatility. The market is highly susceptible to speculation which can affect the price of Quickswap both positively and negatively. Where such speculation impacts the coin negatively, you might incur a loss.
- Furthermore, you also have to contend with malicious investors and hackers. The former are investors with influence in the market who use their position to sway others into buying Quickswap. Then, after the value of the asset rises, the malicious investors sell off their assets.
- This tactic is known as a ‘pump and dump’ and can cause considerable losses to inexperienced investors.
While you cannot completely protect yourself from all Quickswap risks, you can mitigate them by following certain strategies. This includes diversifying your portfolio and investing moderately. More importantly, ensure you read adequately before getting started.
Best Quickswap Wallet
On the subject of wallets, there are several options in the market. Considering essential factors such as ease-of-use, compatibility, security, and more, below we have listed the three best Quickswap wallets in the market.
Trust Wallet: Overall Best Quickswap Wallet
Trust Wallet is a popular name in the cryptocurrency market, and there is a veritable reason for that. The wallet is supported by one of the largest exchange platforms in the world; Binance.
Due to this reason and more, it is compatible with several established and new cryptocurrencies, including Quickswap. Additionally, the wallet has a friendly user interface, making it easy for you to navigate.
MetaMask: Best Quickswap Wallet in Accessibility
MetaMask is equally a renowned name in the cryptocurrency market. This wallet has gained a reputation among investors for its accessibility.
With MetaMask, you can access your Quickswap tokens from different devices using the desktop, phone, or web version. MetaMask also supports several other assets, making it seamless to diversify your Quickswap investment.
Ledger Nano X: Best Quickswap in Security
All Ledger wallets are great and provide excellent security for your Quickswap tokens. The Ledger Nano X, however, takes the top spot.
This hardware wallet is an improvement from the older and cheaper Nano S. With this wallet, you can rest assured that your Quickswap tokens are adequately protected from hackers.
How to Buy Quickswap – Bottom Line
You have learned how to buy Quickswap from a quickfire and comprehensive point of view. As you can see, the process of buying Quickswap is straightforward. You first need to download Trust Wallet. Next, add cryptocurrency assets to your wallet and proceed to Pancakeswap to buy Quickswap.
From the above, we are confident you not only understand how to buy Quickswap but also have learned the important considerations you need to make when doing so. Follow this guide, and you’ll be done in no time!
Buy Quickswap Now via Pancakeswap
Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.
FAQs
The price of Quickswap hovers between $665 and $744 as at the time of writing in mid-August 2021.
No one but you should answer this question and here’s why. Whether or not Quickswap will be a good buy is a personal decision you should make after assessing the coin’s trajectory. Most importantly, you should consider your investment plans and how the coin fits in. If the coin doesn’t align with your goals, perhaps it’s not a good buy.
The nature of cryptocurrencies allows you to buy as little or as much as you desire. This means that while you can buy thousands of Quickswap tokens, you can equally buy just one coin or even less than that.
The all-time high for Quickswap is $1669.32 - which the coin attained on 30 April 2021. A few weeks before that, precisely on 06 April 2021, the coin recorded its all-time low at $123.18.
You can buy Quickswap using a debit card by first purchasing a major coin through Trust Wallet. Complete the wallet’s required KYC process first and proceed to buy an established token which you’ll exchange for Quickswap on Pancakeswap.
The total supply of Quickswap is precisely 1 million tokens and as of August 2021, 16% of that number is in circulation. How much is Quickswap?
Is Quickswap a good buy?
What is the minimum Quickswap tokens you can buy?
What is the Quickswap all-time high?
How do you buy Quickswap tokens using a debit card?
How many Quickswap tokens are there?