Ethereum Meta is an anonymous token, which focuses on solving the issue of privacy on the Ethereum blockchain. It is a method that has the possibility of making daily payments anonymous. When it was launched in 2018, it took it three years to gain attention among crypto investors in November 2021 after it recorded a remarkable 1,743% rally.
Ethereum Meta Smart Contracts ensure that the details of transactions – including purchases and the amount spent on them – are hidden and kept anonymous. It is possible to convert ETH coins into anonymous ETHMs, then split, send, or merge ETHMs, which can then be converted back to ETH to ensure a more anonymous transaction.
However, there are several crypto exchanges on which Ethereum Meta is not currently listed. Despite this, you can still purchase Ethereum Meta by following a step-by-step process. This comprehensive guide will provide more details on this. Keep on reading to learn more!
How To Purchase Ethereum Meta
Unlike other cryptocurrencies like Tesla Coin and Bitcoin, you won’t find Ethereum Meta on many crypto exchanges. Yet, you can purchase Ethereum Meta by linking your crypto wallet to a decentralized exchange by using an account with a reputable exchange, such as Binance, to purchase a base currency. The following steps can explain more:
Install a Metamask Wallet
The best crypto wallets can help you safely store your cryptocurrency. You will find various crypto wallets that are suitable for the Ethereum network. For this purpose, Metamask seems to be the best. You can install the Google Chrome app, as well as the wallet’s Chrome extension.
You do not necessarily need a desktop computer to do this. It can all be done on your mobile device. All you need to ensure is that you are installing the official Chrome extension. You can do so on Metamask’s website.
Set up the Metamask
You need to set up an account and set up the crypto wallet through the downloaded wallet’s Google Chrome extension. There is a wallet’s support page that is available for reference. Just ensure that you keep your seed phrase while paying attention to the wallet address.
Purchase Your Base Currency in Ethereum
Once you set up your Metamask wallet, you can log in to your account on your preferred crypto exchange. Then, proceed to the webpage on the crypto site where you can buy and sell cryptocurrency to purchase Ethereum. Buying this digital currency is very simple. If you already have some tokens, you are good to go.
Transfer Ethereum To Your Crypto Wallet From The Reputable Crypto Exchange
After purchasing Ethereum, visit your wallet section and search for the Ethereum. Select withdraw and fill up the details required. Once you set the network to Ethereum, the wallet address from the second step must be provided, as well as the amount to be sent. Once you click on the withdraw button, wait for a few seconds for the cryptocurrency to show up in the Metamask.
Choose a Reputable Decentralized Exchange
You will find many decentralized exchanges to consider, including UniSwap and SushiSwap. All you just need to ensure is that the type of wallet you choose – as mentioned in the second step – is allowed by your preferred exchange. For instance, by choosing Metamask, the exchange you prefer must support Metamask.
Connect The Wallet
Link the preferred wallet – in this case, Metamask – to the decentralized exchange you are considering by using the wallet address.
Swap The Ethereum With the Coin You Wish To Purchase
Choose Ethereum as the base currency for payment. Then, select Ethereum Meta as the coin you wish to acquire.
Conclusion
Ethereum Meta is a project that aims at tackling a weakness in Ethereum: lack of privacy. Buying ETHM is an easy process once you follow the step-by-step guide explained above.
