With DeFi gaming growing in popularity at blistering speeds, a fantastic opportunity has been awarded to anyone that can add serious value to the space. Fabwelt (WELT) certainly has all the makings of a successful DeFi-gaming project; innovative features, Metaverse capabilities, and a doxxed team. However, as tends to be the case with smaller-cap projects, the investing process is quite complex, particularly for anyone only familiar with exchanges or those new to investing. Therefore, to make the process as easy as possible, we’ll be providing a full tutorial on how to buy Fabwelt, while also breaking down where to buy Fabwelt in 2022. Enjoy!
What is Fabwelt (WELT)
Fabwelt aims to merge the world of triple-A gaming and blockchain technology. It’s not the first cryptocurrency with this goal but most have focused on the DeFi aspects, essentially creating a liquidity pool with an interactive skin. Fabwelt, however, aims to integrate all aspects equally, using DeFi to enhance the gaming experience instead of as a gimmick. Fabwelt is focusing on creating a bustling ecosystem rather than a singular game, because of this learning how to buy Fabwelt can be a great way of earning money by getting involved with P2E games early in their lifecycle.
Where to Buy Fabwelt – Mini DEX Reviews
Figuring out where to buy Fabwelt has been made far more difficult than it needs to be due to a serious lack of information. However, we hope to help rectify that by providing a quick rundown on some of the best platforms to buy Fabwelt.
One of the original and most popular DEXs, PancakeSwap is a great choice for anyone looking for a straightforward way to buy Fabwelt. PancakeSwap has thus far never been hacked, highlighting the excellent security offered by the platform. Additionally, PancakeSwap has some of the lowest fees in the industry at a blanket 0.25% per trade. Overall, we recommend PancakeSwap for anyone looking for a reputable platform to buy Fabwelt.
QuickSwap is a great alternative to Pancake Swap. It’s a clone of the UniSwap DEX utilizing layer-2 scaling solutions to facilitate cheap transactions. QuickSwap charges a flat 0.3% fee on all trades, 25% more than Pancake swap. Overall, QuickSwap is a trusted platform and a solid alternative to PancakeSwap if the slightly increased fees don’t bother you.
Lastly, we’ve got Bitrue, a Singapore-based exchange with a focus on small-cap coins. For most smaller projects, Bitrue is often the first ‘real’ exchange they’re listed on. This makes it a great platform for those familiar with typical exchanges (Binance, KuCoin, etc) wanting to buy Fabwelt. Bitrue charges 0.098% in fees which is well below the industry standard. However, unlike PancakeSwap or QuickSwap, Bitrue does charge variable fees for things like withdrawing.
Benefits of Buying Fabwelt
Fabwelt is a hot crypto project with many believing it could be the future of DeFi gaming. But is that true? We’ll provide the necessary info and let you answer that question yourself.
Expanding – DeFi gaming is one of the hottest things in cryptocurrency at the moment. It seems to be only a matter of time before big-name game houses get involved, which will likely lead to DeFi gaming coins across the board going parabolic. With Fabwelt still in its early stages, it could be the perfect time to learn how to buy Fabwelt.
Ecosystem – Rather than simply building a singular game, Fabwelt is focusing on developing an entire DeFi gaming ecosystem. While this, of course, will be more difficult and take more time to perfect, if done well it could be huge for early investors.
Risks of Buying Fabwelt
If you’re wondering how to buy Fabwelt, it’s worth considering the risks before parting with your hard-earned cash. We’ve broken down a couple of the main risks to buying Fabwelt.
Competition – As is par for the course in any rapidly expanding industry, competition in the DeFi gaming sector is fierce. You’ve got coins like Wink & Enjin that have already grown to be worth millions and billions respectively.
Speculative – As with any project that has an unrealized vision, Fabwelt could be considered a speculative investment. As of current, there’s simply not enough data available to determine how likely it is that this project will be a success. While Fabwelt’s claims show promise, we’ll need to wait and see how they get implemented before deciding if it’s a worthwhile investment.
How to Buy Fabwelt – Full Guide
Figuring out how to buy Fabwelt by yourself can be a needless, lengthy and annoying process. It can be difficult to get to grips with MetaMask and correctly set a network. So to ensure EconomyUniverse readers don’t have any issues, we’ve created this comprehensive guide.
Step 1: Register & Verify an Exchange
Before you can buy Fabwelt, you’ll first need to register with an exchange in order to buy BNBor MATIC. Some options include Binance, KuCoin, & FTX. If you’re unsure, we’ve got an article covering the best exchanges of 2022. The vast majority of reputable brokers will require you to verify your identity with a photo ID and proof of address.
Step 2: Deposit & Buy BNB/MATIC
Once you’ve created and verified an account with an exchange, you’re ready to buy some crypto! You can choose between either BSC or MATIC, we recommend BSC if you’re using Binance and MATIC for any other platform.
Step 3: Download & Install MetaMask
After you’ve completed your purchase, you’ll need to head over to MetaMask.io, download either the app or browser extension, and follow the onscreen instructions to create a wallet. Following this, you’ll need to log back into your exchange and withdraw the funds to MetaMask (ensuring the network is set to BSC).
Step 4: Connect to a DEX
As soon as the BSC or MATIC arrives in your MetMask, you’re ready to connect to a DEX. Links to each DEX with Fabwelt have been included above. The connection process is easy, just click ‘Connect Wallet’ and confirm the connection on MetaMask.
Step 5: Buy Fabwelt
Now that you’re connected, you’re ready to buy Fabwelt! Simply enter the number of WELTs you want and press ‘Buy’. The funds will arrive in your MetaMask shortly. Once it’s arrived, you now know how to buy Fabwelt, congratulations!
How to Buy Fabwelt – Conclusion
Fabwelt certainly has the potential to revolutionize the DeFi space. Considering how early we are into its life cycle, it could be an excellent time to snag some Fabwelt before prices increase as its popularity grows. Now, after reading this guide, you’ve got all the information needed to buy Fabwelt and decide whether it’s the right investment for you.
Fabwelt is built upon the BSC network.
MetaMask is the go-to wallet for interacting with web3.0 applications.
As of now, it’s impossible to predict how successful Fabwelt will be. However, it certainly has a lot of promise.