How to Buy Humaniq (HMQ) on Binance
Humaniq (HMQ) is a cryptocurrency that aims to provide banking services for the unbanked population in developing countries. It uses biometric identification and mobile technology to create a network of users and agents that can access financial services and social impact projects. Humaniq is built on the Ethereum blockchain and uses smart contracts to facilitate transactions and governance.
If you want to buy Humaniq, you need to have some Ethereum (ETH) as your base currency. You can buy ETH on Binance, one of the largest and most trusted cryptocurrency exchanges in the world. Here are the steps you need to follow:
- Download a Metamask Wallet. Metamask is a crypto wallet that allows you to interact with decentralized applications (DApps) and decentralized exchanges (DEXs) on the Ethereum network. You can download Metamask as a browser extension for Chrome, Firefox, Brave, or Edge, or as a mobile app for Android or iOS. Visit the official Metamask website to download the wallet and follow the instructions to set it up. Make sure you keep your seed phrase safe and note down your wallet address.
- Buy Ethereum on Binance. If you don’t have an account on Binance yet, you can sign up here and verify your identity. Then, go to the Buy Crypto page and choose your preferred payment method. You can buy ETH with a credit or debit card, bank transfer, P2P trading, or third-party payment services. Enter the amount of ETH you want to buy and confirm the transaction.
- Send Ethereum to your Metamask Wallet. Once you have bought ETH on Binance, you need to transfer it to your Metamask wallet. To do this, go to your Binance Wallet and click on Withdraw. Select ETH as the coin you want to withdraw and enter your Metamask wallet address as the recipient. Enter the amount of ETH you want to send and click on Submit. You may need to confirm the withdrawal with your email or phone verification.
- Connect your Metamask Wallet to a DEX. To buy Humaniq, you need to use a DEX that supports HMQ trading. One of the DEXs that you can use is Uniswap, which is a popular platform for swapping tokens on the Ethereum network. To connect your Metamask wallet to Uniswap, go to the Uniswap website and click on Connect Wallet. Choose Metamask as your wallet option and approve the connection request.
- Swap Ethereum for Humaniq. Once you have connected your Metamask wallet to Uniswap, you can swap ETH for HMQ. To do this, go to the Swap tab and select ETH as the input token and HMQ as the output token. Enter the amount of ETH you want to swap and click on Swap. You will see a preview of the transaction details, such as the exchange rate, fees, and slippage tolerance. If you are happy with the terms, click on Confirm Swap and approve the transaction on your Metamask wallet.
- Receive Humaniq in your Metamask Wallet. After you have confirmed the swap, you will receive HMQ in your Metamask wallet. You can view your HMQ balance by adding HMQ as a custom token on your Metamask wallet. To do this, go to your Metamask wallet and click on Add Token. Choose Custom Token and enter the HMQ contract address: 0xcbcc0f036ed4788f63fc0fee32873d6a7487b908. The token symbol (HMQ) and decimals (8) should be filled automatically. Click on Next and Add Tokens.
Congratulations! You have successfully bought Humaniq (HMQ) on Binance using your Metamask wallet and Uniswap DEX.