Note: This coin is not listed on Binance for trade and service. Binance is constantly reviewing and adding cryptocurrencies that can be used on the Binance platform. If you would like to know where to buy Strong, which is currently not listed on Binance, you can follow the step-by-step guide below. The most straightforward way is to find a reliable centralized exchange where you can buy Strong, similar to Binance. You can refer to Coinmarketcap.com's Markets section to find the list of centralized exchange the coin is listed on. Another option to buy the Strong is through a decentralized exchange (DEX) which supports the blockchain where your Strong resides. This guide will show you how to buy Strong by connecting your crypto wallet to a decentralized exchange (DEX) and using your Binance account to buy the base currency. 1 Download a Trust Wallet Wallet There are several crypto wallets to choose from within the Ethereum network and Trust Wallet appears to be the most integrated. If you are using a desktop computer, you can download Google Chrome and the wallet Chrome extension. If you prefer using your mobile phone, you can download the wallet via Google Play or the iOS App Store if it’s available. Just make sure that you are downloading the official Chrome extension and mobile app by visiting Trust Wallet’s website. 2 Set up your Trust Wallet Register and set up the crypto wallet via the wallet’s Google Chrome extension or via the mobile app you downloaded in Step 1. You may refer to the wallet’s support page for reference. Make sure to keep your seed phrase safe, and take note of your wallet address. You will be using it later on Steps 4 and 6. 3 Buy ETH as Your Base Currency Once your wallet is setup, you can login to your Binance account and proceed to the Binance Crypto webpage to buy the ETH. If you are not an existing user, you can refer to our How to Buy ETH guide on registering and buying your first cryptocurrency on Binance. 4 Send ETH From Binance to Your Crypto Wallet Once you buy your ETH, go to your Binance wallet section and look for the ETH you purchased. Click on withdraw and fill up the required information. Set the network to Ethereum, provide your wallet address and the amount you want to transfer. Click the withdraw button and wait for your ETH to appear in your Trust Wallet. If you are using Binance Website: If you are using Binance App: 5 Choose a Decentralized Exchange (DEX) There are several DEXs to choose from; you just have to make sure the wallet you selected in Step 2 is supported by the exchange. For example, if you use Trust Wallet wallet, you can go to 1inch to make the transaction. 6 Connect Your Wallet Connect your Trust Wallet wallet to the DEX you want to use by using your wallet address from Step 2. 7 Trade Your ETH With the Coin You Want to Get Select your ETH as the payment and select the Strong as the coin you want to acquire. 8 If Strong Doesn’t Appear, Find its Smart Contract If the coin you want does not appear on the DEX, you can refer to https://etherscan.io/ and find the smart contract address. You can then copy and paste it into 1inch. Beware of scams and make sure you got the official contract address. 9 Apply the Swap Once you are done with the previous steps, you can click on the Swap button. From deciding where to buy Strong to making the purchase, your crypto transaction is now complete! Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsem*nt by Binance about the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents.
As an enthusiast with a profound understanding of the cryptocurrency landscape, I've actively engaged in crypto-related activities, staying abreast of market trends, decentralized technologies, and trading practices. My hands-on experience, coupled with an in-depth knowledge of blockchain networks, enables me to guide others through intricate processes like purchasing digital assets.
Now, delving into the specifics of the provided article about buying the cryptocurrency "Strong" (which is not listed on Binance), let's break down the concepts mentioned:
-
Centralized Exchange vs. Decentralized Exchange (DEX): The article suggests two primary avenues for purchasing Strong: centralized exchanges similar to Binance and decentralized exchanges (DEX). Centralized exchanges operate under a single governing authority, while DEX operates on decentralized blockchain networks, providing users with more control over their assets.
-
Choosing a Wallet: Trust Wallet is recommended for this process. It supports the Ethereum network, aligning with the blockchain on which Strong resides. Trust Wallet is available as a Chrome extension for desktop and as a mobile app for smartphones. It is crucial to download the official version from Trust Wallet’s website to ensure security.
-
Setting Up Trust Wallet: After downloading Trust Wallet, users need to register and set up their wallets. The article emphasizes the importance of keeping the seed phrase secure, as it is crucial for wallet recovery. Additionally, users should note their wallet address for later steps.
-
Buying ETH as the Base Currency: Users are instructed to log in to their Binance account and purchase Ethereum (ETH) from the Binance Crypto webpage. This step assumes users already have a Binance account. If not, there's a reference to a guide on how to buy ETH on Binance.
-
Sending ETH to Trust Wallet: After purchasing ETH on Binance, users should withdraw it to their Trust Wallet. This involves specifying the network (Ethereum), providing the Trust Wallet address, and initiating the withdrawal.
-
Choosing a Decentralized Exchange (DEX): Several DEX options are available, and users should ensure that the selected DEX supports the wallet chosen in Step 2 (Trust Wallet, in this case).
-
Connecting Trust Wallet to DEX: Users are instructed to connect their Trust Wallet to the chosen DEX using the wallet address obtained in Step 2.
-
Trading ETH for Strong: The user selects ETH as the payment and specifies Strong as the desired coin, facilitating the exchange on the DEX.
-
Finding Strong's Smart Contract: If Strong doesn't appear on the DEX, users are advised to find its smart contract address on etherscan.io and input it into the DEX. Caution is emphasized regarding scams and the importance of verifying the official contract address.
-
Completing the Swap: With all the preceding steps accomplished, users can initiate the swap on the DEX, finalizing the Strong purchase.
The article concludes with a disclaimer on the volatility of cryptocurrency prices, a reminder to invest wisely, and a disclaimer about the data's reliability, given its third-party sources. Users are urged to perform due diligence and consider the associated risks.
