How to Buy XOR
SORA is an exciting new project that aims to democratize money by giving power of deciding who gets newly minted units of its cryptocurrency, XOR. This is called a Decentralized Autonomous Economy (DAE), and is a logical evolution of the DAO (Decentralized Autonomous Organization).
As of this writing, the XOR cryptocurrency is trading on uniswap at 0.000413 ETH (about 0.055 USD; this gives XOR a market cap of $88 million USD, which would make SORA ranked #50 on coinmarketcap if it were listed there). Being a DEX, anyone can buy XOR using the ETH cryptocurrency. In this short article, I will show you how.
The easiest way to use the uniswap exchange is probably to have metamask installed for Google Chrome: https://chrome.google.com/webstore/detail/metamask/nkbihfbeogaeaoehlefnkodbefgpgknn
Once that is installed and you transferred some ETH to your metamask wallet, it is very easy to buy XOR:
- Go to https://uniswap.exchange/
- Click on Select a Token under swap
3. Because XOR is not yet added by uniswap, you have to manually type in the contract: 0x40fd72257597aa14c7231a7b1aaa29fce868f677
This will then bring up the XOR selection option. Click on it:
4. Enter the amount of ETH you would like to use to buy XOR and click Swap.
Metamask will then pop up and ask you to sign the transaction. Once processed, you will now have some XOR in your metamask wallet!
These are my own personal views. There is no investment advice here. I am not a member of the SORA team, but am just an Internet troll who wants to make the world better. Peace, love, and SORA.
