What is MOBOX? Well, it is a game based on the GameFi platform. The main task of MOBOX is to reward gamers in the process empowering the gamer to play more. If you manage to win you to engage and experience a lot of enjoyment. There is a use of creative tokenomics called $MOBOX allocation. MOBOX is very explicit in the way you engage free-to-play mode and enlarge winning chances in the ecosystem.
The thicks and thins, the definitions and whereabouts of the decentralised world of playing are all bundled up in MOBOX. It’s that perfect platform for worldwide players to use, engage and win. Since 2017, players from around the world have been greatly interested. Smart contracts have been approved for many prospective players which is a great move for MOBOX growth.
A total of 2.5 billion worth of USDT have been successfully transacted through MOBOX. The secret lies in the men behind the making. MOBOX has a lot of experienced crypto-based gamers who have a lot of reputation when it comes to Blockchain initiatives and gaming expansion. This is a whole lot of guarantee for gamers who somehow to feel hesitant of playing MOBOX. Buy MOBOX with USD and enjoy. For more detail, let us look at a quick guide and detailed overview of the game.
A quick guide on buying MOBOX token
Register on Binance
Looking at the fundamental aspect of MOBOX, players have to be registered under Binance. Binance accounts are very easy to create and activate. If you manage to create your account it simply means that you are able to purchase as much BNB as possible. Purchased funds of BNB can successfully be transferred to your account without any hassle.
Make a Deposit
Make sure that you make your first deposit in your international currency of choice. Be it Euro, Usd, or GBP. You can pay with a debit card or with PayPal. If you have successfully deposited your currency you then have to search for BNB amounts equal to your available fiat. We recommend that you use BNB/EURO because the rate is pretty convincing. Reach out for the red sell button and then trade your EURO for BNB. The obvious reason for such a translation is because Binance uses crypto-based forms of payments. There is also another considerable option of purchasing Tether though you must first possess a small portion of BNB in order to facilitate Meta mask operations.
The same amount of BNB is also responsible for covering miniature charges which are less than a dollar. We advise players to store 10 to 15 worth of BNB to cover-up charges. As soon as you purchase your BNB, select cryptocurrency and then move on to cash out. Reach out for the meta mask and opt for the address. An address will pop up, copy it and paste it on your Binance account to initiate the withdrawal process.
Remember, the process is from Binance to Meta mask. Do not forget, the amount to be withdrawn is very important, and also fairly important is the BEP20 network. Obviously, you will be charged a fee, a $0.80 commission to be exact. Verification and sheer authentication are needed in this instance, check out everything and then approve the transaction.
Open a Metamask Account
The next step is to open your Metamask account. By now the amount of BNB purchased should be reflected given you have an efficient network setup. We recommend you to do massive research on BSC popularly known as Binance Smart chain to check on Binance network provisions.
Remember, this trail of research is only mandatory for people who have not yet grabbed an official network. The next move is to reach out to PanCakeSwap. How do you manage to use PanCakeSwap? Well, copy your address and insert it on the page. You can use the given address below.
When you manage to copy correctly, you will be able to view the MOBOX token without any hassle. You have reached for PanCakeSwap and you want to go further, you start by selecting swap, and then the settings wheel will appear on the screen.
Also on display is Slippage tolerance but it gets all interesting on your next step. Make sure that you set the tally on 0.50% so as to evade fluctuations. With slipping tolerance on 0.50%, there is nothing more to wait for than selecting swap. Approve your swap and then approve the specific transaction in your wallet. In a whisker, you will be able to view MOBOX.
To top up the MOBOX token in meta mask, simply copy your cryptocurrency contract. This allows you to view your MOBOX in your respective wallet.
Exchanges to buy MBOX
Binance has been dominating the scene. One of the biggest advantages offered by Binance is that of lower fees. Exchanges charge little while users enjoy high liquidity charts that make possible instantaneous purchases and selling in a moving market.
Luckily, many countries across the world allow Binance operation on THORChain, these include Australia, Singapore, and the UK while those from the USA are barred. Though Binance is barred from the USA, it still maintains large customer bases in many countries across the world and it looks highly probable that it will grow so huge to disband any form of competition.
Step-by-step Buying Guide
- Create an account
- Complete KYC process
- Add funds to your wallet
- Buy your crypto
- Binance Coin
This exchange is a new-kid-on-the-block, having been launched on the 20th of September, 2020. The decentralized exchange (DEX) runs on the Bitcoin Smart Chain (BSC). You can expect quite a number of innovative ways to get some income from the automated market maker (AMM).
PancakeSwap is one of the many decentralized food-themed projects on the market, and because it is not built on the Ethereum network, it tends to have lower fees, as well as lightning-quick transactions. Another great advantage is that since it’s an AMM, it allows you to trade digital assets against liquidity pools. As a result, you will be able to collect the yields from your trade.
Some of its great features include the ability for users to trade BEP20 tokens, as well as stake CAKE to earn more CAKE. Users can also provide liquidity to the exchange and earn fees in return. That’s not all, though! You can also stake your LP tokens and earn CAKE tokens.
Step-by-step Buying Guide
- Open an account on Binance, or other exchange that accepts MBOX
- Fund your account
- Complete your PancakeSwap Purchase
Next is Gate.io. This is a more ideal exchange that has a lot of guarantees. The most fantastic feature of Gate.io is the user interface. Very friendly to beginners and they can actually move up the charts to become specialists and professional technical traders.
Gate.io was launched in the year 2013 and from then it has been creating a huge base of altcoins for many users. You can easily maneuver in the market with Gate.io. For those trading in the USA, this is the best choice.
Step-by-step Buying Guide
- Sign up for an account
- Complete the KYC verification process
- Fund your wallet
- Choose a trading pair and buy
This exchange was launched in 2018 and has partnered with some of the biggest blockchain industry partners to offer the best services to crypto holders. Because of that, users are guaranteed stable services. Not only that but you are also assured of security and many other great features.
So far, the exchange has over 1 million registered users and serves more than 180 countries. It accepts several cryptocurrencies such as Ethereum, Bitcoin, Litecoin, and many others. Many users also love the fact that the trading fees are quite low (between -0.05% and 0.2%, depending on how much you are buying, selling, or trading).
There are also many other great features that you can expect including a mobile app, which allows you access on the go. Apart from the ability to trade crypto with margin, you get some charting tools, as well as advanced trading features.
Step-by-step Buying Guide
- Register for an account and verify details
- Buy Bitcoin using a card
- Transfer your BTC to Hotbit
- Click “Exchange” and choost the BTC/MBOX pair
- Click Buy
How MOBOX project is different
As we have mentioned earlier MOBOX is an innovative and up to the minute successful fusion of DeFi and NFT. This means that players have an opportunity to play for free while inversely winning a lot in their respective ecosystems. The level of interoperability and functional finesse is top-notch. Shifting our focus to MBOX utility which is obviously native, gamers can use it for the following reasons
- facilitating transactions on the official NFT gaming platform
- piling or staking in anticipation of bonuses and incentives
- for voting procedures
- for clear determination of resource allocation
Looking at MOBOX MOMO NFTs, gamers should take cognizance of the following
- through the use of BEP20 token variation, MBOX can successfully be minted by unlocking boxes
- smart-contract are used as platforms for minting MBOX tokens
- tradable and sellable on MBOX NFT sites rarity is the gist of the trades
Things to consider before buying MBOX
Cryptocurrency is a volatile sector that requires tactical eyes. Before you consider staking up investment, have a set target of what you ought to achieve with token investment and do proper research on network provisions. This is very important to crunch out risks encountered in investment. Let us look at the first factor.
At times launching might be fruitless and this further casts a doubt on the ability of that certain protocol of choice. The reason why we continue to reiterate the use of stablecoins is to achieve and assess the set value in a stable manner. You look at FEI, it took close to 30 days in order to meet up with a stable value.
The major reason was a malfunction on the set of algorithms which was all meant to stabilize rather than pushing away FEI from its stable value reach. Luckily, gamers from around the world have an opportunity to use other options which are rather better in the way value stabilization is achieved and pure governance.
ii. Project development
All we can say as cryptocurrency experts are that the days are still young to totally disband FEI as a possible option. Yes, we are running away from the fact that protocol is complicated but it all takes time to achieve success because protocols are all in all innovative. In actual fact, gamers from around the world can shade a smile because a huge bidder recently invested some meaningful amounts of funds in an attempt to buy out.
iii. Token distribution
Looking at token disperse, gamers should know that a portion of 10% has been kept at bay to facilitate staking grants. The issue will give rise to skeptical nations.
Where to store MBOX token
There are many wallet variations on offer. They have their respective cons and pros. Let us me show you their details in a short and precise format.
- good storage option for bitcoin storage
- lacks that physical factor of bitcoin representation which is totally different from fiat
- has the ability to store tokens and upgrade blockchain ledger (that is when successful transactions are made)
- are not based on internet connection
- sharing of bitcoin is barred
- were prominent in the early days of bitcoin entrance on the market
- still a basic mode of storage
- private keys are safe and sound as they are kept in an external storage source
- it’s achievable to make online transactions
- many available hardware systems are compatible with web interfaces and a whole lot of currencies
- a more ideal, flexible, and convenient way of transacting
- granted the top recognition of being the most secure way of keeping digital assets
- however, they charge hefty fees since their services are top-notch
Looking at the most popular hardware wallets around, players should expect Trezor, Keepkey, and Ledger.
You have to understand that the process of obtaining a hardware wallet straightforward from a developer or designer is the best. Producers wallets have resetting options meaning you can customize them to your own desire. Wallet selection bases on portfolio status. Proper wallets should have a native wallet.
Remember that a native wallet pops up on the official web. We however recommend gamers from across the globe to create multi-currency wallets. These allow you to backup and support as many internationally recognized coins as possible. Luckily for major coin boosters like bitcoin and ethereum, a shortage of wallets is unheard of. As always when your cryptocurrency wallet is in a position you would probably need to secure private keys. Check out CryptoTag which is an elite protective system basing on what is called titanium plates.
Take note: It’s not advisable to purchase a wallet from someone untrustworthy or a mere trader rather obtain your wallet from a manufacturer.
As we have mentioned earlier cryptocurrency wallet is the vanguard that keeps safe private information, digital assets, and balance assessment. Though cryptocurrency wallets do offer such a broad spectrum of services, it is further divided into two, that are hot and cold wallets. Let us look at them closely.
- not linked to the internet
- it’s an ideal offline storage source
- these are hardware storage packages just like offline paper wallets
- it’s achievable to store physical bitcoin
- users can receive assets or funds at any time no one except the owner from outside can send
- linked with the internet
- easy access
- very flexible provided you have a good internet connection
- as part of the family expect mobile, cloud, and software-based wallets
It is highly possible to use both cold and hot wallets at the same time. In actual fact, the internet convenience of hot wallets is perfect for short-term transactions while for a long-term reach cold wallets come in and fill that gap.
Take note: it’s not advisable to store your digital assets on an exchange platform.
Privacy and security tips
You will need to make sure that you keep your MBOX safely and securely. After all, the last thing that you want is to be hacked and lose all your funds. Fortunately, there are so many things that you can do to protect your funds. Listed below are some of the steps that you can take for security and privacy.
1. Use a Cold Wallet
As you have noticed from our previous explanation cold wallets do link with the internet. This means a low risk of cybercrime on stored assets and key information. It is very viable and grossly reliable to secure your private keys in a cold wallet. You do not want to join a 32 million US dollar hack-discovered bg BITpoint. The unfortunate turn of events affected a total of 50000 crypto clients, one of the biggest hacking sagas that have been ever witnessed.
2. Use Secure Internet
We recommend users desist from using public Wi-Fi connections. Use registered, official, and secured Wi-Fi connection like VPN when accessing a home-based network. VPN has customizable settings which are better and more guaranteed. All your browsing history and browsing connections are kept safe.
3. Maintain Multiple Wallets
Invest in many wallets so as to spread risks. Portfolio and market loss are also spread on a large wallet base. That’s the way to go about it and it is an avid move if you wish to gain much.
4. Secure Your Personal Device
Always make it a mandatory act to update your device. Poor devices usually take a long to connect to secured Wi-Fi. Make sure that you have used a reliable anti-virus to block hackers. You have to know one thing, the cryptocurrency world is not under the vulnerability radar. You have to equip yourself for anything.
5. Change Your Password Regularly
Use a strong password that meets up with stated expectations of characters, letters, numbers, and any further additionals. You have to utilize 2FA of MFA security systems.
6. Don’t Get Phished
There are a lot of biased emails and links that are sent from biased phishers. Do no connect with a dubious or unverified link. Such scammers will hack your account and uphold your assets.
Gaming is supposed to be an exciting moment for any player around the world. It is your task as a player to do research on how blockchain, NFT, and DeFi offer on the table because MOBOX is laid on these foundations. MOBOX is very specific and unique. It’s very easy to maneuver and earn rewards on the ecosystem. Another important factor is the protection of digital assets. They are yours and you should take up the task of protecting them through cold wallets. We hope the article came in handy on where to buy MOBOX coins and the best place to buy them.