There has never been an eco-token introduced into the cryptosphere before FROGE. Its purpose is to raise funds for rainforest preservation. Cool Earth, a non-profit organization that aids rainforest communities to battle deforestation and global warming, receives a donation from every transaction. Because it is impossible to mine FROGE, the token has no negative impact on the environment. FROGE is the first cryptocurrency with a net positive effect on the planet.
FROGE is far more than a standard philanthropic investment. Investing in FROGE is the best way to get passive income on the cryptocurrency market. That’s because 1% of each transaction’s revenue is distributed across all FROGE token holders.
Due to these difficult economic times, FROGE is a fantastic investment that delivers excellent value for money. One percent of every transaction will be disposed of, and there will be no more FROGE. FROGE is a significant long-term investment because it pays investors for keeping their assets.
On April 15th, 2021, FROGE became tradable for the first time. In total, it has a supply of 1,000,000,000,000. FROGE’s stock currently has a market cap of USD 3,683,811.49. Currently, FROGE is trading for $0.00000368 on Coinmarketcap, and it is presently ranked at position 6384. Recently, the value of cryptocurrency has risen by 7.29 percent.
However, unlike other major cryptocurrencies, FROGE cannot directly acquire fiat money on cryptocurrency exchanges. After purchasing Ethereum through a fiat-to-crypto exchange, you may transfer to a cryptocurrency exchange that deals in this currency. And if you need any information about exchange rates or learn all about buying FROGE by reading this post until the end.
Step 1: Register On An Exchange Platform
Start by getting your hands on some prominent cryptocurrencies like Ethereum, which is an excellent place to start (ETH). In this post, you’ll learn about the best ways to swap your fiat currency for cryptocurrency, including Coinbase and Uphold. The two exchanges are vastly different when it comes to prices and services. The best thing to do is to try both and discover which one you prefer.
Step 2: Purchase Ethereum Using Fiat Money
The next step is to verify your identity through the KYC process. Adding a payment method will be required. A credit/debit card or bank transfer may be utilized in this situation. It is more expensive to use a credit card, but you can make a purchase immediately. There are several countries where bank transfers are cheaper yet slower than instant cash deposits, depending on where you live.
Step 3: Transmission of Ethereum To Altcoin Exchange
It’s still necessary to transfer our coins to an exchange where FROGE can be traded. Depositing ETH from Coinbase to the exchange is the third step. An initial deposit is required before buying FROGE on the exchange.
Once that is completed, you will need to deposit ETH into the exchange using Coinbase. Following confirmation of the deposit, you will be able to buy FROGE from the exchange.
Step 4: Store FROGE In Wallets
A wise suggestion is to look into ways to safeguard your FROGE. Despite Binance’s reputation for being one of the most secure cryptocurrency exchanges, hacking problems have occurred in the past. Many risks are associated with exchanging wallets, known as “Hot Wallets,” because they are continually online. To date, the safest way to keep your money is to store them in “Cold Wallets,” which only link to the blockchain when you make a payment, reducing the danger of hacking. Using this wallet as a “cold wallet” provides two public and private addresses written somewhere safe for future use. With its inability to withstand damage, it is exposed to numerous hazards.
Hardware wallets are undoubtedly superior to cold wallets in this case. A USB-enabled gadget is usually used when you need a long-term way to store your wallet’s most vital information. With their military-grade security and constant firmware updates, they are incredibly secure. The Ledger Nano S and Ledger Nano X are the most popular options in this category, with prices ranging from $50 to $100 depending on the capabilities they provide. If you plan to keep your money in one of these wallets, it’s a great purchase, if you need any information about exchange rates, you can get that by using the safetradebinaryoptions.