Are you interested in Trump Coin and still not aware how to do it? If yes, then this article is for you. TrumpCoin is in demand in India and so is the request about the steps to buy these coins. So, let’s not waste any time and jump into this write-up to know in detail about the steps to Buy TrumpCoin in India.
How to Buy TrumpCoin in India
TrumpCoin (DTC) is one of the most cryptocurrencies that have, to date, attracted interest from many investors. It, however, is not found on any of the leading exchanges. To get the TrumpCoin if you are in India, here’s a step-by-step guide on how to purchase the same via decentralized exchanges (DEX) and crypto wallets.
1. Download a Trustworthy Crypto Wallet
First of all, you should have a wallet that supports the BNB Chain network. For that purpose, it is recommended to have a Trust Wallet.
- Mobile users, get it from the Google Play Store or the iOS App Store.
- Desktop users can get the Google Chrome extension directly from the official Trust Wallet website.
- Remember always to download the official one and never go for scams.
2. Configuring your wallet
You download and set up your wallet following steps that are provided on screen and then you’ll have a seed phrase and it’s a 12-word recovery key.
- You write this down on paper
- Never share this
- You want to store this somewhere so when it comes time to recover, it can do it so now, write down your wallet address, this will come into play later.
3. Buy BNB (Binance Coin)
Trade BNB vs TrumpCoin. However, first purchase the BNB.
How To Purchase BNB
- Use the Centralised crypto exchange.
- Do the KYC verification and Load money to your account.
- Procure BNB in required units.
- BNB will then be further traded for TrumpCoin
4. Transfer BNB To Wallet
Transfer the BNB bought above to your Trust wallet.
- Step into “Withdraw” menu on exchange.
- Click on the Network as BNB Chain.
- Copy and paste your Trust Wallet address from Step 2.
- Input the withdrawal amount and confirm
- Wait for a few minutes to allow the transaction to go through. Be sure to double-check your wallet address before confirming again.
5. Choose a DEX
A decentralized exchange, or DEX, allows users to exchange cryptocurrencies directly. PancakeSwap is one of the most popular DEXs for BNB Chain tokens, such as TrumpCoin.
- Make sure that your chosen Trust Wallet is compatible with your DEX. PancakeSwap is compatible with Trust Wallet.
6. Connect Wallet to DEX
Now you connect your Trust Wallet to PancakeSwap so you can start trading on the DEX.
- Open up PancakeSwap in your browser.
- Click the “Connect Wallet” at the top right.
- Select “Trust Wallet,” and confirm connecting. Once connected, your wallet balance will be shown on PancakeSwap.
7. Find TrumpCoin (DTC) on the DEX
- Locate first your Trump Coin for trading purposes.
- PancakeSwap Set BNB as Payment Currency
- Look for TrumpCoin (DTC).
- Skip if you are able to locate it already. How to add is the following
8. Add TrumpCoin from its Smart contract.
- Search “TrumpCoin” in the search box.
- Copy its official Smart Contract Address.
- Go back to PancakeSwap
- Paste the address into the token search bar
- The correct TrumpCoin details will now be shown. Be careful so you do not fall a victim of scam and use the real contract address
9. Trade BNB for TrumpCoin
After adding, you can swap your BNB
- Enter the amount of BNB you wish to trade
- Review the details of the transaction
- Click “Swap” and confirm the transaction.
- Your wallet will process the transaction. Within seconds, you should see TrumpCoin in your Trust Wallet.
10. Confirm Your TrumpCoin Balance
You will know you have completed the purchase when:
- Launch Trust Wallet.
- Tap on the wallet.
- Scroll down through your list of tokens to find TrumpCoin (DTC).
- If you do not see TrumpCoin appear, you can manually add the token by inputting the smart contract address.
Checkboxes to Remember
- Market Risk: Cryptos have a price spike. In the case of TrumpCoin, the price may shoot up into the sky or plummet dramatically.
- Scan Smart Contract: Always make sure to scan the smart contract at bscscan.com. There are plenty of scams
- Gas Fee: Decentralized exchanges charge a small amount that is called gas fee for any transaction. Keep some extra BNB on your wallet for such costs.
- Security: Never share your wallet seed phrase. This is one trick hackers use targeting crypto users.
Conclusion
It gets pretty easy to buy TrumpCoin through the decentralized exchange and wallet in India. These above-stated steps don’t seem so complex in totality as they stand not even on most majors; all you do, dear crypto lover, is always hold your wits regarding whatever cryptic business transactions take place.
This is an easy entry into the cryptocurrency market; therefore, go ahead and purchase that TrumpCoin from Trust Wallet and PancakeSwap and continue on your research and investment journey!
