AI Summary

  • Purchasing NUNET NTX tokens involves a few steps, starting from setting up a compatible wallet to finally swapping ADA for NTX on a decentralized exchange.
  • Ensure you visit the official websites to download the legitimate versions of these wallets: Eternl Wallet: Official Website Nami Wallet: Official Website.
  • Once the purchase is complete, withdraw ADA to your Eternl or Nami wallet.
  • Swap in Eternl Wallet: Eternl wallet users can directly swap ADA for NTX within the wallet using the Muesliswap DEX aggregator.
3 min read Updated 2 years ago

The crypto universe is vast, and NUNET (NTX) one of the best Compute AI Projects on Cardano can be found in several corners. Here are some of the most popular platforms you might consider:

  • Decentralized Exchanges (DEXs): For the adventurers who prefer a trustless environment, DEXs offer a way to swap crypto via smart contracts without intermediaries.
  • Centralized Exchanges (CEXs): The go-to for beginners due to their simplicity and convenience. Look for one that ticks all the boxes in terms of security, liquidity, and fees.

How to Buy NUNET (NTX) on a Decentralized Exchange: A Detailed Guide

Purchasing NUNET NTX tokens involves a few steps, starting from setting up a compatible wallet to finally swapping ADA for NTX on a decentralized exchange. This guide will walk you through each step to ensure a smooth transaction process. Let’s dive into the details:

1. Setting Up a Wallet

Before engaging in any transactions, the first step is to create a secure wallet where you can store your NTX tokens. A easy to go option are Nami and Eternl wallets recommended due to their compatibility and security. Ensure you visit the official websites to download the legitimate versions of these wallets:

2. Funding Your Wallet with ADA

  • Buying Direct from Wallet:
    • Open the Eternl App and click on the ‘Buy ADA’ button. This action redirects you to the Guardarian platform, where you can use your debit/credit card to purchase ADA. You have the flexibility to specify the amount in various currencies. Complete the transaction, noting that all fees are included in the summary.
  • Buy From Exchange:
    • Select an exchange that supports Cardano (ADA) such as Kraken, Binance, Coinbase, or KuCoin and create an account. Follow the platform’s guidelines to deposit funds.
    • Locate the ADA trading pair, choose your order type (market or limit), specify the amount, and execute the trade. Once the purchase is complete, withdraw ADA to your Eternl or Nami wallet.
Converting ADA to NTX
  • Via Minswap:
    • Navigate to Minswap and connect your wallet (Eternl or Nami).
    • Once connected, input the amount of ADA you wish to convert to NTX and click on ‘swap’. The transaction might take a few minutes to complete.
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  • Swap in Eternl Wallet:
    • Eternl wallet users can directly swap ADA for NTX within the wallet using the Muesliswap DEX aggregator. This feature selects the Cardano DEX with sufficient liquidity for the transaction.
    • In Eternl, select “Swap” from the toolbar, then use the “Click To Select” option to find and select NTX (look for the verified token with a blue checkmark).
    • Enter the amount of ADA you want to trade and initiate the swap. After confirming the transaction, it should be processed within a few minutes.

Tips for a Successful Transaction

  • Always ensure you’re using the official websites to download any wallets or access exchanges to avoid phishing scams.
  • Be aware of transaction fees and network congestion times to optimize your transaction costs and speeds.
  • Keep your private keys and recovery phrases in a secure location. Never share them with anyone.

Buying NTX on a Centralized Exchange (CEX):

Currently Nunet is avabile only on the MEXC Centralized Exchange

How to Buy:

  1. Sign Up: Create an account on MEXC Exchange.
  2. Verification: Complete the necessary KYC (Know Your Customer) verification.
  3. Deposit Funds: Add funds to your account using a bank transfer, credit card, or cryptocurrency.
  4. Buy NTX: Search for the NTX/USDT trading pair and execute your trade.

Purchasing NUNET (NTX) can be done efficiently through both centralized and decentralized exchanges. Platforms like MEXC offer a straightforward pathway for those preferring the convenience and support of CEXs. Alternatively, Minswap caters to users looking for the autonomy and direct peer-to-peer transactions provided by DEXs. Regardless of your choice, following the steps outlined above will help you successfully add NTX to your cryptocurrency portfolio.

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Egon is a crypto enthusiast with over 15 years in the digital world, founder of multiple web agencies, and a key figure at AllInCrypto. He’s passionate about innovation and keeping the digital space exciting.

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