Buy RPL Now<\/span><\/a><\/div>\nAlways consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.\u00a0<\/i><\/p>\nHow to Buy Rocket Pool – Full Step-By-Step Walkthrough\u00a0<\/b><\/span><\/h2>\nIf you are an experienced cryptocurrency trader, then our quickfire guide on how to buy Rocket Pool will be sufficient. However, if you have never purchased digital currencies or used a DEX like Pancakeswap, then you will need a more in-depth explanation on how to invest in this growing Defi coin.\u00a0<\/span><\/p>\nWhatever the case may be, we are confident that both cryptocurrency veterans and newbies alike can benefit from our full walkthrough on how to buy Rocket Pool.\u00a0<\/span><\/p>\nStep 1: Download Trust Wallet<\/b><\/span><\/h3>\nTrust Wallet makes learning how to buy Rocket Pool much easier. This makes it the perfect app for the exchange. Pancakeswap is a great DEX for buying Rocket Pool, not least because you can access it via Trust Wallet. You can download Trust Wallet on your iOS or Android device and connect to Pancakeswap swiftly.\u00a0<\/span><\/p>\n
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After downloading the wallet, set it up and choose a strong password. Also, please take note of the 12-word passphrase Trust displays uniquely for you, as you can use it to access your wallet in special circumstances (e.g. you lose your phone). <\/span><\/p>\nYou also have to store the passphrase somewhere safe, because your coins can get compromised if someone has access to it.\u00a0<\/span><\/p>\nStep 3: Add Cryptocurrency Assets to Your Trust Wallet\u00a0<\/b><\/span><\/h3>\nSince you cannot trade with an empty wallet, you will need to deposit cryptocurrency tokens into your Trust. Typically, there are two ways to go about it. <\/span><\/p>\nThey include the following:<\/span><\/p>\nSend Cryptocurrency Tokens From an External Source\u00a0<\/b><\/span><\/h4>\nIf you already have some cryptocurrency tokens in another wallet, then you can simply transfer some to Trust. It’s a simple process that you can complete within minutes by following these steps:<\/span><\/p>\n\n- First, you need to open your Trust Wallet and select \u2018Receive.\u2019<\/span><\/li>\n
- Trust Wallet will display a list of digital currencies, and you can choose the one you intend to transfer from your other cryptocurrency wallet.\u00a0<\/span><\/li>\n
- Select a token and copy the address Trust Wallet gives you.\u00a0<\/span><\/li>\n
- Next, open your external wallet and paste the copied address in the \u2018Send\u2019 bar.\u00a0<\/span><\/li>\n
- Choose the token, quantity, and complete the transaction.\u00a0<\/span><\/li>\n<\/ul>\n
Your newly transferred cryptocurrency tokens will reflect in your Trust Wallet within a few minutes.\u00a0<\/span><\/p>\nBuy Cryptocurrency With Your Credit or Debit Card\u00a0<\/b><\/span><\/h4>\nAlternatively, you can choose to buy with your credit or debit card. Typically, this option is more suitable for cryptocurrency newbies who do not already own digital assets.\u00a0<\/span>However, you will have to complete a Know Your Customer (KYC) process first. <\/span><\/p>\nThis is required because you will be buying your tokens with fiat money, and Trust Wallet does not permit anonymous purchases of this sort. You simply have to provide some personal details alongside a government-accredited identity card like your driver\u2019s license or passport.\u00a0<\/span><\/p>\nYou can now buy your tokens. It\u2019s a straightforward process, and you can complete it in minutes. <\/span><\/p>\nHere\u2019s how:<\/span><\/p>\n\n- Search for the \u2018Buy\u2019 icon on your Trust Wallet. The wallet will immediately present a diverse list of cryptocurrencies available, and you can choose the coin you want to purchase.\u00a0<\/span><\/li>\n
- There are different options, but it is better to go for an established coin like Ethereum.\u00a0<\/span><\/li>\n
- When you complete the process, you can choose the quantity you want and complete your trade.\u00a0<\/span><\/li>\n<\/ul>\n
You will receive the tokens shortly.\u00a0<\/span><\/p>\nStep 3: How to Buy Rocket Pool Via Pancakeswap\u00a0<\/b><\/span><\/h3>\nNow that you have deposited some digital assets in your Trust Wallet, you can now use Pancakeswap to buy Rocket Pool. It is a simple process that you can complete in a few minutes by following these steps:<\/span><\/p>\n
<\/span><\/p>\n\n- Find the \u2018DEX\u2019 tab and choose \u2018Swap.\u2019<\/span><\/li>\n
- Locate the \u2018You Pay\u2019 section and choose the cryptocurrency tokens you wish to exchange for Rocket Pool. Note that it has to be coins you already own, like the ones you bought or transferred earlier.\u00a0<\/span><\/li>\n
- Move on to the ‘You Get’ section and choose Rocket Pool. Also, select the number of tokens you want, and complete the transaction. <\/span><\/li>\n<\/ul>\n
You will find your Rocket Pool coins in your Trust Wallet.<\/p>\n
Step 4: How to Sell Your Rocket Pool Tokens<\/b><\/span><\/h3>\nKnowing how to buy Rocket Pool tokens will not be enough if you intend to become an expert cryptocurrency trader. You will also need to understand how to sell the tokens so you can realize your profits.\u00a0<\/span><\/p>\nYou can sell the tokens through one of these two ways:\u00a0<\/span><\/p>\nExchange Your Rocket Pool for Another Cryptocurrency Asset<\/b><\/span><\/h4>\nA reliable way to sell your Rocket Pool tokens is to swap them for another cryptocurrency asset. You may choose to trade them for a digital currency of higher or lesser value. Pancakeswap is equally useful for exchanges like this.\u00a0<\/span>You can follow the third step on how to buy Rocket Pool, but with a few changes. <\/span><\/p>\nOpt for ‘You Pay’ instead of ‘You Get,\u2019 and this time, Rocket Pool will be your base cryptocurrency. You can then choose the new digital tokens you want from the ‘You Get’ section.\u00a0<\/span><\/p>\nSell for Fiat Currency<\/b><\/span><\/h4>\nAlternatively, you can sell the Rocket Pool tokens for fiat money. However, it is a centralized system of trading, but also straightforward nevertheless.\u00a0<\/span><\/p>\nBinance and Trust Wallet are in great sync. Hence, you can rely on Binance for this trade. You will have to send the tokens to the Binance exchange before you can sell them.\u00a0<\/span><\/p>\nSince you will be selling the tokens for fiat currency and withdrawing to your bank, you will have to complete Binance\u2019s KYC process first.\u00a0<\/span><\/p>\nWhere Can You Buy Rocket Pool Tokens Online?<\/b><\/span><\/h2>\nRocket Pool provides a sure-fire way to make money by staking your tokens; hence, it already has a fast-growing community. Therefore, finding a place to buy some will not be an issue for you. <\/span><\/p>\nHowever, using a decentralized exchange or DEX like Pancakesswap has numerous benefits, which we discuss below.\u00a0<\/span><\/p>\nPancakeswap – Buy Rocket Pool Tokens Through a Decentralized Exchange
<\/span><\/b><\/span><\/h3>\nPancakeswap is a DEX, meaning you can trade without an intermediary. You will also be pleased to know that you can find Pancakeswap on your Trust Wallet, which provides you with a seamless way to trade in a decentralized manner and equally store your Rocket Pool tokens. That way, you don\u2019t have to worry about secure storage for your coins.\u00a0<\/span><\/p>\nWith Pancakeswap, you have several opportunities to make money without having to trade the Rocket Pool tokens you hold. Pancakeswap offers users numerous farming and staking opportunities. It is a great way to earn from your idle coins; your RPL tokens contribute to the Ethereum liquidity pool, thereby offering you rewards and interest.\u00a0<\/span><\/p>\n
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If you also enjoy the occasional prediction and lottery games, then you can increase your earnings with this DEX. With Pancakeswap, you no longer have to exit your Trust Wallet after a long trading day before you can participate in lottery games. It is a legitimate way to make money as you can win prediction games and cash in on your stakes.\u00a0<\/span><\/p>\nAside from Pancakeswap\u2019s straightforward user interface, the DEX also ensures you never have to worry about delayed execution of your transactions – even when there is plenty of traffic on the platform. You also have access to diverse digital currencies, which you can leverage to widen your trading options. Low transaction fees are also a perk of this DEX.<\/span><\/p>\nPros:<\/b>
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