Are you intrigued by the world of blockchain and decentralized finance?
UNISAT is an exciting platform that offers users the opportunity to buy, mint, and interact with BRC-20 tokens in a decentralized marketplace. In this tutorial, we will walk you through the process of getting started with UNISAT, from setting up a wallet to earning points and exploring the vibrant marketplace. Let's dive in!
Setting Up a UNISAT Wallet
To embark on your UNISAT journey, the first step is to set up a UNISAT wallet. Similar to other cryptocurrency wallets, UNISAT provides a secure digital vault for your tokens.
Follow these steps to create your UNISAT wallet.
Provide the required information and set save your passphrase to protect your wallet.
Remember to store your passphrase securely, as it's crucial for accessing your funds.
Depositing Bitcoin and Earning Points
Once your UNISAT wallet is set up, it's time to fund it with Bitcoin and start earning UNISAT points. From your centralized exchange or Bitcoin platform (such as
Coinbase,
Shakepay, or
BitGet), initiate a Bitcoin withdrawal to your UNISAT wallet address.
Wait for the transaction to be confirmed on the Bitcoin network, and soon you'll see the Bitcoin balance reflected in your UNISAT wallet.
As you hold Bitcoin in your UNISAT wallet, you'll begin earning UNISAT points over time. These points play a vital role in interacting with BRC-20 tokens on the platform.
Exploring the UNISAT Marketplace
The UNISAT marketplace is a bustling hub where users can mint Bitcoin ordinals, buy BRC-20 tokens, and participate in exciting projects. When using the UNISAT marketplace you'll need 20 or more UNISAT points and this can be accomplished by going to the BRC-20 tab, there you will find many minting projects.
Do your research before you pick a project, check the overview for things like holder and limit per mint. I picked DOGS for this example. Click Mint directly.
I put the slider to max mint 100 ( repeat mint) and click next.
Now you will see a list of your mints, then click next.
In the area where it "says Provide the address to receive the inscription:" Your UNISAT BTC wallet address should be there if you connected it and if not, make sure it's there. Select the network fee you want to pay.
Mempool is like
ETH gas tracker, there you can see how much it cost to interact with the BRC-20 tokens. One of the good things about the Bitcoin chain is the low transaction fees. submit and pay invoice with UNISAT wallet.
If you're interested in exploring exciting BRC-20 tokens, two options worth considering are $MEME and the BRC-20 equivalent of Pepe. These tokens have gained popularity for their unique features and potential value. To learn more about them and discover other fascinating BRC-20 tokens, you can visit
BRC-20.io. This platform serves as a comprehensive resource where you can search and find detailed information about various BRC-20 tokens. By exploring BRC-20.io, you can stay informed about the latest developments in the BRC-20 token space and make well-informed decisions regarding your investments. So, take a moment to explore BRC-20.io and uncover the potential of these captivating tokens.
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