How to buy, sell and trade AGIX coin? Detailed tutorial

To buy AGIX, individuals can select a centralized exchange like Binance or KuCoin, or a decentralized exchange like Uniswap, depending on their preferred trading type and security requirements.

Oct 05, 2024 at 07:30 am

How to Buy, Sell, and Trade AGIX Coin: A Step-by-Step Guide

AGIX is the native coin of the SingularityNET platform, a decentralized AI network. It can be used to pay for services on the platform, stake for network governance, and reward AI developers. This guide will provide a comprehensive overview of how to buy, sell, and trade AGIX coins.

1. Choosing an Exchange:

• Binance: Largest cryptocurrency exchange with high liquidity for AGIX.
• KuCoin: Another popular exchange offering AGIX trading.
• Uniswap: Decentralized exchange (DEX) for buying and selling AGIX directly from users.

2. Funding Your Account (For Centralized Exchanges):

• Create an account on the chosen exchange.
• Verify your identity (KYC) if required.
• Deposit funds using a supported payment method (e.g., bank transfer, credit/debit card).

3. Buying AGIX:

• Go to the AGIX trading page on the exchange.
• Choose the trading pair (e.g., AGIX/USDT).
• Select the order type (e.g., market order, limit order).
• Enter the amount of AGIX you want to buy.
• Place the order and wait for it to execute.

4. Selling AGIX:

• Go to the AGIX trading page on the exchange.
• Choose the trading pair (e.g., AGIX/USDT).
• Select the order type (e.g., market order, limit order).
• Enter the amount of AGIX you want to sell.
• Place the order and wait for it to execute.

5. Trading AGIX on a DEX (Uniswap):

• Visit the Uniswap website and connect your wallet (e.g., MetaMask).
• Swap AGIX tokens for another supported cryptocurrency (e.g., ETH).
• Set the slippage tolerance to account for price fluctuations.
• Initiate the swap and pay the associated gas fees.

6. Storing AGIX:

• After purchasing AGIX, it is recommended to transfer the coins to a secure hardware wallet for safekeeping.
• Software wallets (e.g., MetaMask) can also be used for storage, but they provide less security compared to hardware wallets.