How to Buy $AKITA and $HACHI on Uniswap

🐕 DAO General Discussion
1

How to buy $AKITA and $HACHI on Uniswap

Buying crypto on Uniswap is a popular way to trade Ethereum-based tokens (ERC-20 tokens). Here’s a step-by-step guide on how to do it:

Prerequisites

  1. MetaMask Wallet: Ensure you have MetaMask (or another Web3 wallet) installed and set up.
  2. Ethereum (ETH): You need ETH in your wallet for both buying tokens and paying transaction fees (gas fees).

Steps to Buy $AKITA and $HACHI on Uniswap

  1. Connect Your Wallet to Uniswap:
  • Open your browser and go to Uniswap’s official website.
  • Click on the “Connect Wallet” button in the upper right corner.
  • Choose MetaMask (or the wallet you’re using) from the list of options.
  • Follow the prompts to connect your wallet.
  1. Select $AKITA or $HACHI
  • Once connected, you’ll be on the Uniswap trading page.
  • In the “Swap” section, you’ll see two fields: one for the token you want to trade (e.g., ETH) and one for the token you want to buy.
  • Click on the token name or icon in the “From” field to select the token you are swapping from (usually ETH).
  • Click on the token name or icon in the “To” field to select the token you want to buy. If the token isn’t listed, you can paste its contract address:

$AKITA (Ethereum) 0x3301Ee63Fb29F863f2333Bd4466acb46CD8323E6

$HACHI (Ethereum) 0x967B0c95295ead8fAef70d26A7846AeCD349AAFf

  1. Enter the Amount:
  • Enter the amount of ETH (or the token you’re swapping) you want to use to buy the new token. Uniswap will automatically calculate the amount of the new token you’ll receive.
  • Review the estimated price and the details of the transaction. Make sure you’re comfortable with the price and slippage settings.
  1. Adjust Slippage Tolerance (if needed):
  • Slippage is the difference between the expected price of a trade and the actual price. Uniswap allows you to adjust slippage tolerance settings to handle price fluctuations during your transaction.
  • To adjust, click on the gear icon (settings) in the upper right corner and set your preferred slippage tolerance (usually 0.5% to 1% for most trades).
  1. Approve the Token (if needed):
  • If you’re trading tokens that require approval (such as ERC-20 tokens), you’ll need to approve the transaction first.
  • Click on “Approve” or “Enable” next to the token you’re trading from and confirm the transaction in your MetaMask wallet.
  1. Confirm the Swap:
  • Once the token is approved (if applicable), click “Swap” to initiate the trade.
  • Review the transaction details in the pop-up window and click “Confirm Swap” to proceed.
  • Confirm the transaction in your MetaMask wallet. You may need to approve the gas fee.
  1. Wait for Confirmation:
  • After confirming the transaction, you’ll need to wait for it to be processed on the Ethereum blockchain. This might take a few minutes, depending on network congestion.
  1. Check Your Tokens:
  • Once the transaction is confirmed, you should see the new tokens in your wallet.
  • You might need to add the token to your MetaMask wallet manually if it doesn’t appear automatically. You can do this by clicking “Add Token” in MetaMask and entering the token’s contract address.

Tips:

  • Gas Fees: Be aware of the gas fees associated with Ethereum transactions. They can vary significantly depending on network congestion.
  • Security: Double-check URLs and ensure you’re using the official Uniswap site to avoid phishing scams.
  • Liquidity: Ensure there is sufficient liquidity for the token you wish to buy, as low liquidity can lead to high slippage.