Buy Lido Staked Ether Now<\/span><\/a><\/div>\nAlways consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.\u00a0<\/i><\/p>\nStep 2: Deposit Funds into your Account<\/b><\/span><\/h3>\nOnce you have performed the Trust Wallet setup process, you will have to deposit funds to initiate any transaction. You can deposit in one of the following ways:<\/span><\/p>\nTransfer Digital Assets from Another Wallet<\/b><\/span><\/h4>\nOne major thing you need for this process is to have digital assets in an external wallet. Below are the steps to follow:<\/span><\/p>\n\n- Open the Trust Wallet app and click on \u2018Receive.\u2019<\/span><\/li>\n
- Pick the digital asset you want to send to the Trust Wallet.\u00a0<\/span><\/li>\n
- You will be sent a unique wallet address to accept the cryptocurrency you chose.\u00a0<\/span><\/li>\n
- Copy and paste the address into the external wallet where you have the cryptocurrency.\u00a0<\/span><\/li>\n
- Type in the amount of tokens you want to transfer.\u00a0<\/span><\/li>\n
- Confirm the transaction.\u00a0<\/span><\/li>\n<\/ul>\n
On confirming, the tokens will be sent to your Trust Wallet within 20 minutes.\u00a0<\/span><\/p>\nBuy Crypto with Your Debit\/Credit Card<\/b><\/span><\/h4>\nThe second way to deposit funds in your account is to buy crypto with your debit\/credit card. This is an alternative if you do not have any cryptocurrency in an external wallet.\u00a0<\/span><\/p>\nThe good news is that Trust Wallet allows you to use a debit\/credit card to initiate the purchase. Below are the steps:\u00a0<\/span><\/p>\n\n- Locate the \u2018Buy\u2019 button at the top of the Trust Wallet app. Click on it.\u00a0<\/span><\/li>\n
- This will direct you to a page where you will see the list of tokens you can get using your debit\/credit card.\u00a0<\/span><\/li>\n
- You can purchase any coin of your choice. However, it is best to buy Binance Coin (BNB) or other options like Bitcoin and Ethereum.\u00a0<\/span><\/li>\n
- You will need to complete a Know Your Customer (KYC) process, since you\u2019re using fiat.<\/span><\/li>\n
- The KYC process requires you to enter some personal details and upload an ID issued by the government like a passport or driver\u2019s license.\u00a0<\/span><\/li>\n
- Once the transaction has been processed, the crypto will drop in your account immediately.<\/span><\/li>\n<\/ul>\n
Step 3: Buy Lido Staked Ether through Pancakeswap<\/b><\/span><\/h3>\nAfter securing the digital assets in your Trust Wallet, you can proceed to visit Pancakeswap and buy Lido Staked Ether using a direct swap process. A direct swap process enables you to exchange one digital asset for another without using fiat money.<\/span><\/p>\n
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\u00a0Here is a guide to show you how to perform a direct swap process. <\/span><\/p>\n\n- Click on the \u2018DEX\u2019 button and select \u2018Swap\u2019 on Trust Wallet.<\/span><\/li>\n
- After that, you will see the \u2018You Pay\u2019 tab, where you are to pick the digital asset you want to pay with.\u00a0<\/span><\/li>\n
- Enter the number of tokens.\u00a0<\/span><\/li>\n
- Note that the cryptocurrency you are to pick is the one you purchased in Step 2.\u00a0<\/span><\/li>\n
- Select \u2018Lido Staked Ether\u2019 from the \u2018You Get\u2019 tab.\u00a0<\/span><\/li>\n<\/ul>\n
You will receive Lido Staked Ether equal to the tokens with which you paid. Continue the process by clicking the \u2018Swap\u2019 button.\u00a0<\/span><\/p>\nIt is that easy! You have successfully purchased your Lido Staked Ether using Pancakeswap.\u00a0<\/span><\/p>\nStep 4: Sell Lido Staked Ether<\/b><\/span><\/h3>\nOnce you have bought Lido Staked Ether, you might begin to ask yourself, \u201cwhat is the next step to take?\u201d This is a common question among many enthusiasts.\u00a0<\/span><\/p>\nWell, you most definitely will not let your Lido Staked Ether stay in your wallet forever. A point where you will have to trade will arrive, and your plan will be based on your end goal with the coin. Your goals could be:<\/span><\/p>\n\n- To exchange Lido Staked Ether to a different cryptocurrency, or<\/span><\/li>\n
- To trade and earn fiat money in return.\u00a0<\/span><\/li>\n<\/ul>\n
If you want to change your tokens into another crypto, you can do so using Pancakeswap. However, to sell into fiat money, you will have to use a third-party exchange, which will require you to complete the KYC process. By implication, you will upload some personal details and upload a government-issued ID.\u00a0\u00a0<\/span><\/p>\nWhere to Buy Lido Staked Ether Online<\/b><\/span><\/h2>\nEven though the circulating supply of Lido Staked Ether (stETH) is not up to one million tokens, it has a market cap of over $1 billion. Owing to its fast growth and value, the coin is on several crypto exchanges. Therefore, there are many exchanges from which you could buy. Nonetheless, the best option remains Pancakeswap.\u00a0<\/span><\/p>\nCurious as to why Pancakeswap is the best? Here are the reasons.<\/span><\/p>\nPancakeswap\u2014Buy Lido Staked Ether Through a Decentralized Exchange<\/b><\/span><\/h3>\n
Pancakeswap is a Binance Chain-powered DEX used to swap tokens securely and efficiently. A significant benefit enjoyed by Pancakeswap users is the access to numerous digital assets. That way, you can invest in the latest projects and have a diverse portfolio.<\/span><\/p>\n