A Basic Guide To Kick-start Your SmartBCH Journey

March 12, 2022 - Saturday, 06:22 AM

Their is always a first time in almost everything we do, no matter what it is and where we are, learning is possible. Blessed are those who has someone whom they can asked and get response immediately but hard for those who have none.

For today's article, I'll just want to pass on the learnings that was shared to me by my virtual friends whom I just knew them noise.cash, and this is all about SmartBCH.

I know intro's are boring but I'm glad you read that one too chill'hustler's. Hehe...!!! So now, we'll head straight to the main body of this article.

Smart Bitcoin Cash (SmartBCH) - given that this chain of Bitcoincash (BCH) is just on its early and young stages, there will be plenty of new crypto enthusiast that will support this project but doesn't have the enough knowledge to go through and make a quick understanding in what they should do and expect once they indulge themselves with SmartBCH.

Here's a list of major steps that will guide your SmartBCH journey chill'hustler's

• Setting Up A SmartBCH Wallet

• Adding SmartBCH Network

• Marketplace

• Manually Import Tokens

• Know All Decentralized Exchange's (DEX)

• Watch Live Market Prices

• Trading: To Buy/Sell Action

Setting Up A SmartBCH Wallet

In setting up a SmartBCH Wallet, first, you need to choose a Wallet available on the Google Playstore that supports Smart Contracts. I personally used a MetaMask Wallet for my SmartBCH Tokens which I think also very user friendly and I haven't experience any big problems and error soo far.

Adding SmartBCH Network

Once you have chosen your desired wallet to used for your SmartBCH Tokens, all you need to do next is add the SmartBCH Network manually on its settings.

Marketplace

Up until know, there is only two Marketplace I know for SmartBCH Tokens which are from DexScreener and MarketCap. These two Marketplaces is the place where you can see the primary details of the token from it Total Market Cap, Liquidity, Supply and most of all the Tokens Contract Address.

Here's the link to these two awesome marketplace of SmartBCH:

• https://www.marketcap.cash

• https://dexscreener.com/smartbch

Back when SmartBCH was new, SmartBCH Traders only uses BenSwap Marketplace to check on SmartBCH Tokens live prices.

Manually Import Tokens

You can manually add/import all the tokens listed on SmartBCH Marketplaces. All you have to do is tap on each token all you'll see the primary details of the token, especially its Contract Address.

Know All Decentralized Exchange's (DEX)

Once you've done importing new tokens contract addresses, you need to know how DEX works and have an idea of all the Decentralized Exchange's which are currently live on SmartBCH.

To give you a complete details and list of all the current SmartBCH DEX's chill'hustler's, you can check this previous work of mine.

• SmartBCH: List of Decentralized Exchange (DEX)

Watch Live Market Prices

Before we start making a buy or a sell, of course we should check first the current price of a certain token that we're going to have a transaction. In this way we can clearly understand if we did the right entry to buy and to close sell.

Trading: To Buy/Sell Action

Doing trade is just as simple as counting numbers but there are also two thing we need to watch and be cautious with. These two major details/info of a token is always needed to be look at before confirming a buy or a sell.

First is Slippage and the second one is Price Impact. Always practice to check this two details for you to getaway with unexpected losses of funds.

Final Thoughts

With the aim of helping new individuals to easily understand the nature of SmartBCH pushes the inner me to make this article chill'hustler's. As always, its best to indulge in something that we have fully understand how it works before our efforts, time and hard earn money get wasted. Always remember, its the knowledgeable whose always a step ahead from the none.

The information I have shared above are just the most frequent question I always bumped with from users that seeks help and further understanding of how SmartBCH works. I hope this one could help y'all new one's.

Hello there Chill'hustlers!! 🙋🏽‍♂️ That's it 
for today and as always, I'm glad you 
reach the end again, thank y'all for 
always sharing your day with me, see you 
on the next one Chill'hustler's. Have a 
chill vibe month of March and stay hopeful 
cause better days are comin', Good vibes 
always, Jah bless and PEACE ✌️!!! 🙏🙇

Adieux..!!!
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Title   : A Basic Guide To Kick-start Your 
          SmartBCH Journey
Author  : @Carewind - 76th Article 
March  12, 2022 - Saturday, 06:22 AM

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