HOW TO BUY BITGESELL COIN

 

Step-by-Step Guide to Buying Bitgesell Coin

1. Set Up Your Wallets

To begin your journey into the world of Bitgesell Coin, you'll need to set up two essential wallets: Metamask and Bitgesell Wallet. These wallets are crucial for interacting with decentralized exchanges and securing your Bitgesell Coin holdings.

- Metamask: Visit the official Metamask website (https://metamask.io/) to download the extension for your preferred web browser. During the setup process, make sure to create a strong password and securely store your 12-word recovery phrase.

- Bitgesell Wallet: Head to the Bitgesell Wallet website (https://bglwallet.io/) to obtain the Bitgesell-specific wallet. Ensure that you create a robust password and carefully store the provided 24-word recovery phrase.

2. Acquire BNB or ETH

Before you can obtain Bitgesell Coin, you'll need to acquire either Binance Coin (BNB) or Ethereum (ETH), depending on your preferred network. Recommendation: it's more cheap to buy WBGL using BNB Network.

- BNB (Binance Smart Chain): BNB is used to facilitate transactions on the Binance Smart Chain network. You can purchase BNB from various exchanges or platforms that support it and send to your Metamask wallet. 

- ETH (Ethereum Network): Alternatively, you can choose to use Ethereum to acquire Bitgesell Coin, but note that this option may be more expensive due to Ethereum's transaction fees.

3. Access the Decentralized Exchange

Depending on your choice of network, you will use decentralized exchanges to purchase WrappedBGL (WBGL) because Bitgesell coin is not listed yet in any Centralized Exchange. 

- Binance Smart Chain: For Binance Smart Chain, popular options for trading WBGL token include Pancakeswap and Poocoin.

- Ethereum Network: If you opt for Ethereum, you'll need to use Uniswap to exchange your ETH for WBGL. 

4. Verify WBGL Contract

Bitgesell Coin operates on both Binance Smart Chain and Ethereum network, utilizing the same contract address! You can verify the contract address on CoinMarketCap:

- Contract Address of WBGL : 0x2bA64EFB7A4Ec8983E22A49c81fa216AC33f383A

This contract address is the gateway for both Binance Smart Chain and Ethereum network transactions.

5. Connect Metamask to BGLswap

To proceed with the swap WBGL to BGL, ensure that you have Metamask enabled. Navigate to the official Bitgesell swap platform, BGLswap, by visiting https://bglswap.com/. Connect your Metamask wallet to the platform. 

6. Select the option swap WBGL to BGL

Once you have successfully connected your wallet, navigate to the swap section. Choose the option to exchange WBGL for BGL.

7. Retrieve Your Bitgesell Wallet Address

Access your Bitgesell Wallet and copy your first address, which should start with "bgl." You will need this address to fulfill the field required and receive your Bitgesell Coins from BGLSWAP.

8. Complete the Swap

Paste your Bitgesell Wallet address into the designated field on BGLswap. Specify the amount of WBGL you wish to exchange for BGL and proceed. 

9. Pay Gas Fees

Be prepared to pay gas fees, which vary depending on the network you are using (BNB for Binance Smart Chain or ETH for Ethereum). These fees are essential for processing your transaction. TIP: BNB gas is much more cheap! 

10. Understand BGLswap Fees

BGLswap charges a 1% percent fee on the amount of WBGL you send for the swap. This same fee is applied when exchanging BGL back to WBGL.

11. Wait for Confirmation

The time it takes to complete your swap can vary. In some cases, it may take only seconds, but during peak usage times, in some cases, it could take a couple hours. Be patient and keep an eye on your Bitgesell wallet for confirmation.

12. Trust in BGLswap

BGLswap is managed by the main developers of Bitgesell Coin, ensuring the security and efficiency of your swaps. It serves as the gateway to Bitgesell's blockchain and a barrier to prevent potential attacks.

13. Verify Your Holdings

After the swap is successful, you can verify your Bitgesell Coin holdings using the Bitaps explorer. Simply input your Bitgesell Wallet address into the Bitaps explorer (https://bgl.bitaps.com/) to check and verify your holdings.

14. Seek Help When Needed

While the process is straightforward, if you encounter any issues or have questions, the Bitgesell community is there to assist. You can find support on the Bitgesell Telegram Official channel or reach out via email to it@bitgesell.ca.

15. Embrace the Bitgesell Journey

As you complete your Bitgesell Coin acquisition, remember that this is just the beginning. Enjoy the affordability of Bitgesell Coin while it remains unlisted on centralized exchanges, and best of luck with your investment.

Bitgesell Coin is a fascinating addition to the world of cryptocurrencies, offering decentralization and a supportive community. By following these steps, you can join the Bitgesell ecosystem and start building your Bitgesell Coin portfolio and wait for the next halving. As you navigate the decentralized exchanges, manage your wallets, and engage with the Bitgesell community, you'll become part of a growing movement in the cryptocurrency space.

Welcome and Good Luck!