If you've ever wondered how to buy those esoteric Meme Coins, this guide will explain how to do it.
Often, Memecoins such as LOL, BERT (and others) are only traded on what is called a DEX (Decentralised Exchange).
Some of these Cryptos can moonshot 10x or even 100x, whereas other may drop down to nothing. If you are lucky, a Meme coin that does really well may eventually get listed on a centralised exchange.
This guide explains the entire process, starting from converting your regular currency to Solana and then sending it to a wallet where it can be traded on a Decentralised Exchange (DEX).
In this example, we’ll be buying “LOL” on the Solana blockchain. There are other blockchains offering Memecoins, but Solana is one of the most popular.
A word of warning:
Investing in Memecoins is highly risky and you could lose all of your initial investment. Therefore, this guide is not financial advice and do not invest any money you can’t afford to lose!
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