How to Buy DedaCoin ($DEDA) – A Beginner’s Guide

An innovative new platform making headlines in the crypto space is DedaCoin ($DEDA). It’s a multi-chain blockchain project that aims to revolutionize crypto payments. It gives you the freedom to work with multiple chains and offers a full ecosystem of financial services.

The platform recently launched its presale phase, where early investors can now buy $DEDA coins before they go live on exchanges. Our guide will show you how to buy DedaCoin at the lowest possible price during the ongoing ICO.

How to Buy DedaCoin ($DEDA): A Beginner’s Guide

If you’re wondering how to buy DedaCoin,  the following four detailed yet easy-to-follow steps will help you buy $DEDA in its ongoing ICO.

Step 1: Download a Cryptocurrency Wallet

To participate in the DedaCoin token presale, you need a crypto wallet that works with the Binance Smart Chain (BSC). Used by millions of users, a popular crypto wallet to download is MetaMask.

If you choose to get MetaMask:

1. Simply go to Metamask.io
2. Download the wallet as a browser extension or phone app
3. Sign up (Takes only a few minutes to do)

Important: When you sign up, you’ll get a Secret Recovery Phrase—12 unique words. Keep these words safe and secret. You need them if you ever forget your login details or lose access to your wallet.

Please note that you can use any of the best crypto wallets that support the BSC network.

Step 2: Add Money to Your Wallet

Next, make sure that your wallet has the coins needed for the DedaCoin token presale. You’ll need some Tether (USDT) to buy $DEDA coins. Please note that you’ll also need some Binance Coin (BNB) to cover gas fees.

If you already have these coins, you can copy your new MetaMask public address from the MetaMask Wallet app and move the coins to your new address from another exchange.

You can buy these cryptos from any of the best crypto exchanges if you don’t already have them. To add the coins to your MetaMask wallet, follow the steps above once you have them.

It’s worth noting that MetaMask also lets you use a credit card to buy crypto directly. There may be some fees involved, but the coins you buy will be sent straight to your wallet through the app.

Step 3: Link Your Crypto Wallet to the DedaCoin Presale

You can click on the  “Connect Wallet” button on the DedaCoin page to link your wallet to the presale. Buyers can select from WalletConnect, Brave Wallet, MetaMask, and Coinbase Wallet.  After clicking the “All Wallets” button, you can also connect other wallets, such as Trust Wallet and OKX Wallet.

If you are using MetaMask, you can simply click on that option. A new window will then open, and you will be asked to enter your password.

Soon after, you’ll need to confirm your password and click on confirm. Please note that your wallet will be linked to the $DEDA presale page after you give two confirmations by clicking on “Next” and then “Confirm.”

Step 4: Confirm the Transaction

In the final step, simply enter the amount of USDT you want to trade for $DEDA coins to confirm the transaction.

For instance, you can get 58.82 $DEDA coins for 50 USDT. Please keep in mind that 50 USDT is the minimum purchase amount.

Once you’ve verified the transaction details, click the “Approve USDT” button. Your wallet will then send a confirmation message to your device.

You’ll need to approve this message before the funds leave your wallet. Also, please ensure you have enough BNB to cover the gas fees required for the transaction. The swap will take place once you’ve given your confirmation.

Buyers will be able to claim their $DEDA coins after the presale ends. Enter DedaCoin’s Telegram channel to interact with others and get the latest presale updates.

What is DedaCoin?

DedaCoin (DEDA) is the native coin that runs the Deda ecosystem, a multi-blockchain infrastructure project that aims to change the way people use digital assets and make transactions. It’s a utility token within the DedaCoin ecosystem that works with networks like Polygon, ETH, Tron, and BSC.

The Deda team is developing DedaChain—a proprietary blockchain with high transaction speed and reduced costs. Their goal is to create an ecosystem that’s more efficient and safe to transact in. For this, they’ve prioritized security through measures like encryption, two-factor authentication, and regular audits.

Key Features:

• Compatible with Multiple Blockchains: DedaCoin works with many blockchains, which makes it quite flexible and increases the chances of mass adoption. Users can easily move coins from one network to another using the platform’s DedaBridge feature.
• Hedge90 Mechanism: This feature protects investors by allowing them to sell tokens back to the contract at about 90% of the price they were bought for, which lowers their risk of losing money.
• Hedge100 Mechanism (Launching Soon): This feature is made for small and medium-sized businesses and is meant to remove the price action risk for those transacting in DedaCoin.
• Governance and Rewards: Token holders can help run the ecosystem by voting on important decisions and development plans. Such a community-driven approach can create trust and user engagement with the project. Also, rewards like lower transaction fees and access to premium services will likely encourage more participation.
• Value Backed by Assets: 30% of the token supply is used to back investments in safe assets like gold, central bank deposits, and real estate. This gives tokens stability and intrinsic value.
• Burn Pool: 20% of the token supply is set aside for deflationary events, which could make the remaining tokens more valuable over time.

It’s worth noting that the DedaCoin ecosystem is spread across various products and services that aim to simplify crypto payments. Here’s an overview of The Deda Ecosystem:

• DedaBit Exchange: This is the ecosystem’s main hub, where users can trade some of the best cryptos like DedaCoin.
• DedaGateway: This lets digital stores and e-commerce merchants accept crypto payments.
• DedaLink: Allows secure transactions between two people on the same blockchain.
• DedaPOS: These are regular point-of-sale machines that can accept crypto payments in shops.
• DedaCard: This is an encrypted card that can be used to access DedaBit and DedaPay wallets and make NFC transfers at DedaPOS terminals.
• DedaATM: A network of ATMs that make it easy to exchange tokens into fiat currency.
• DedaAcademy: A free learning tool that covers everything from how to use digital currencies to more complex blockchain topics.
• DedaPress: A news feed that analyzes market trends and gives professional advice.
• DedaInvest: A platform that lets you invest through private digital ETFs managed by experts and copy trading options.
• DedaClub: A loyalty points system that works with the DedaPay ecosystem.

$DEDA Tokenomics

With a supply limit of 2,540,000,000 tokens, DEDA has opted for a fair approach to distributing them across four blockchains. This structure could benefit investors in multiple ways. The 5% set aside for ICOs gives early users a chance to participate before $DEDA hits the exchanges.

15% of the tokens are set aside for the liquidity pool to ensure price stability. Another 15% is set aside for key investors, which shows the platform’s focus on long-term value creation. Putting 30% of the token’s supply into asset-backed investments could give it a strong base and lower buyers’ risk.

The 15% for both the management and professional teams ensures that their goals are aligned with the project’s success. Moreover, the 20% burn pool can create scarcity over time, which could make the remaining tokens more valuable.

Why Buy DedaCoin?

DedaCoin ($DEDA) is one of the hottest new cryptos with high upside potential for several reasons:

• Early Bird Advantage: Since the project is still in its ICO phase, early buyers can get tokens at a lower price before they hit the exchanges.
• Multi-Chain Compatibility: DedaCoin’s ability to work on multiple blockchains (Polygon, ETH, Tron, and BSC) makes it more likely to be widely adopted and used.
• Huge Ecosystem: The project includes various products and services, such as an exchange, payment system, and card. If any well-known company adopts any of these services, it could make $DEDA go viral— similar to when there were rumors about Elon Musk hoping to add DOGE as a payment method on X (formerly Twitter).
• Unique Risk Mitigation Features: The Hedge90 and soon-to-be-released Hedge100 mechanisms offer new ways to protect users from volatility and attract risk-averse investors.
• Possibility of Listing on Exchanges: Because DedaCoin is multi-chain and has a large ecosystem, it may be a good candidate for listing on big crypto exchanges.

Conclusion

The DedaCoin presale offers an exciting chance for early buyers to buy the platform’s native $DEDA tokens for just $0.85 at the time of writing. It aims to revolutionize digital asset transactions and build a whole payment ecosystem.

By following the steps outlined in this guide, you can easily participate in the DedaCoin presale and potentially benefit from the token’s growth by investing early.

As with any investment, it’s important to assess your own risk tolerance. While the crypto market can be quite unstable, DedaCoin’s unique features, like multi-chain compatibility and risk-mitigation tools, can help the platform sustain its growth over time.

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