Despite the token’s appreciation, FEGtoken has yet to deliver on most of the services it seeks to provide its users. As of writing, FEGtoken has its own exchange, FegEx, where investors can buy and sell FEGtokens. The project is profit first still working to develop liquidity pools, cross-chain bridges and token-wrapping, but the developers will hopefully release these features in the coming months. Band Protocol is listed on 56 exchanges across 101 trading pairs.

There is its own Exchange, for token liquidity provision, staking, and wrapping. The platform even has its own Smart DeFi, which is claimed as its latest innovation and technology. Thanks to it, DeFi would be more efficient and safer, providing better (and more profitable) returns through the removal of needs for liquidity pools.

• In contrast to digital wallets, hardware wallets are actual tangible devices that keep your cryptocurrency offline.
• The project’s principal developer, who went by the alias FEGrox, created FEG.
• The native FEG coin is a governance token with a 2% transaction fee that is hyperinflationary and community-driven.
• PancakeSwap offers liquidity pools that allow users to earn rewards by providing liquidity to the platform.

There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.

FEG Token Fiat Exchanges

The project’s principal developer, who went by the alias FEGrox, created FEG. The native FEG coin is a governance token with a 2% transaction fee that is hyperinflationary and community-driven. For the last 24 hours, Tether, and WETH are two trading pairs for FEG Token with total trading volume of 42. Cryptocurrency exchanges bring liquidity to the table, allowing people to trade in a few seconds.

FEGtoken offers an enticing economic model — the token is deflationary with no maximum amount of FEGtokens that can be burned. However, it’s not clear what benefits FEGtoken can provide that other DeFi protocols like Uniswap, 1inch and PancakeSwap already have. And, the token’s price is purely based on speculation, so fundamentally FEGtoken is a poor investment. Since its inception, many of the tokens have already been burned.

How to choose FEG Token exchange?

Just head to any exchanges listed above, find trading pair FEG/BTC and begin the transactions. There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options. You should be able to see the amount of BNB/ETH you have transferred in a few minutes.

Join FEG Online

Head over to Uniswap and click “Connect Wallet” in the top right corner. Select your wallet from the window that pops up and grant Uniswap permission to access it. This doesn’t cost anything and won’t put the funds in your wallet at risk.

How to Buy FEG Token in 5 Simple Steps

While PancakeSwap is harder to use than Uniswap, the DEX uses Binance Smart Chain which has much lower fees than Ethereum. At the very least, you’ll need to download a software wallet to access Uniswap or PancakeSwap. There are plenty of software wallet options available, but the best wallet that’s compatible with both BSC and Ethereum is MetaMask. As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe.

Once your wallet is connected to the proper network, you’re ready to make your purchase. Since PancakeSwap is essentially a copy of Uniswap, the platforms work in extremely similar ways. Simply search for FEGtoken, and you’ll be able to find the liquidity pool that allows you to exchange either Ether or BNB for FEGtoken. If you’d like to save some money on transaction fees, then Binance Smart Chain is the way to go.

The CoinCodex Cryptocurrency Price Tracker

FEG Token isn’t currently available on any major exchanges, but you can still buy FEG quickly and safely from the decentralised exchange Uniswap by following these steps. A 2% percent transaction tax is applicable to all holders, independent of ownership proportion -which includes holders who collect tokens as transactions occur. Essentially, a decrease in supply circulation causes an increase in the token’s scarcity. It is because of this inverse relationship that a demand and supply system comes into play. The easiest way to buy FEG Token is through a wallet purchase.

Once you authorize your application, the delivery of your FEG tokens should then reach your wallet within minutes. As for PancakeSwap, use a software wallet like TrustWallet to buy FEG using the BNB tokens you already purchased. In general though, while there are a plethora of software wallet alternatives available, MetaMask is the best wallet for users. This is because it can support both BSC and Ethereum at the same time. ⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors. We also gather additional information from different sources to ensure we cover all necessary data or events.