How To Get Started With DRIP — A Step-By-Step Guide For Beginners
DRIP is referred to by many as one of the crypto world’s most profitable protocols, with unparalleled yields and extremely lucrative other opportunities. But how can anyone get started? Read on for the simplest step-by-step guide you’ll ever find.
What is DRIP?
To make sure everyone is on the same page, let’s start with a brief introduction of DRIP. Essentially, it is a Decentralized Finance (DeFi) protocol built on the Binance Smart Chain (BSC) that unlocks industry-leading annual percentage yields (APYs) to its users. Starting at an unmatched daily 1%, the yearly compounded percentage points could reach astronomical heights. If you’d like to read more about the project, this publication simply explains everything you need to know.
The best part is that DRIP allows all this for virtually anyone. Here, contrary to other, complex DeFi projects, participants can harvest hefty benefits without the need for high-level technical knowledge. In fact, getting started was specifically designed to be extremely easy for potentially interested users — let’s see the steps you need to take.
First step: BNB
As mentioned before, DRIP is built on the powerful Binance Smart Chain (BSC) which is one of the most reliable and secure blockchains of the crypto world. Most crypto tokens that are launched there can be traded against its native token, BNB. With that in mind, it’s no surprise the first step towards securing your DRIP holdings is acquiring some BNB. The best place to do so would naturally be binance.com — don’t worry, it’s a super easy process. Nevertheless, if you’re having a hard time getting them, just check out this section explaining how to buy the token in detail.
Second step: BNB to DRIP
Now that you have your BNB ready, it’s time to swap them for your first, very own DRIP tokens. There are many exchanges where you can complete this, however, we’d recommend DRIP’s official exchange, Fountain (drip.community/fountain). There, using the simple, user-friendly interface, you can exchange the tokens and get your first DRIPs. Congratulations, fellow holder!
Third step: Secure a Buddy
Now that you’re a DRIP owner, not much stands between you and the start of your profit inflow. Since DRIP lists the power of community as one of its key values, all you have to do now is secure your first buddy. This can be done really easily: just go to drip.community.faucet, and you can add a ‘Buddy address’ (for simplicity’s sake, you could add me first: 0xF4E97404af021fda7a425359a81F195E3A70ed7c so I can further help you in getting started).
Fourth step: Deposit your DRIP
Almost set! As the last step, scroll back to the top of drip.community.faucet and deposit at least 1 DRIP to start your yield inflow. Tip: the more DRIP you deposit, the more your profits will be, potentially.
Get your Drip:
- Go to: http://drip.community/fountain, and exchange BNB for DRIP.
- Go to the Faucet page, and enter a buddy address in the Referral section. Here is mine: 0xF4E97404af021fda7a425359a81F195E3A70ed7c
- Deposit at least 1.12 DRIP (Ensure you have 0.05–0.1 BNB for transaction fees.)
💧💧 Join my team!💧💧
Discord: My Discord server just launched! Join the server here to discuss Drip, DeFi, and anything cryptocurrency related.
Bonus: Join the DeFy Logic team (buddy address below), buy 1.12 Drip or more (depositing at least 1 Drip in the Faucet), to receive a 0.5 Drip sign up bonus. This is my thanks to you for helping grow the DeFy Logic community. Message DeFyLogic on Discord to ensure you receive your bonus!
Whale Bonus: Buy 112 Drip (depositing 100 Drip in the Faucet) or more, and I will send a 5 Drip sign up bonus.
Buddy address: 0xF4E97404af021fda7a425359a81F195E3A70ed7c
+ Bonus step: Maximize profits with DRIP ecosystem
If you’d really like to optimize your earnings, go to DRIP Garden on themanor.farm where, using my buddy link, you can secure profits that could even double your overall revenue over time! You can read the whitepaper here.
Loving the DRIP ecosystem? Check out the Animal Farm! With the L2 solution launching soon, you do NOT want to miss the opportunity of getting in early. An article about the Animal Farm coming soon! Until then, you can read the whitepaper here.
Final thoughts
There you are! Now you’re all set for your yield to profit you as you go. Remember this moment, you will be thankful for yourself soon — let it DRIP!
