Cryptocurrency is a digital or virtual currency secured by
cryptography, making it nearly impossible to counterfeit. It's
decentralized and uses blockchain technology. Bitcoin and Ethereum are
the most popular examples of cryptocurrencies.
To get started, you need a wallet to store and manage your cryptocurrency. This guide will help you create a wallet, load it with funds, and start using decentralized applications (DApps).
Step 1: Create a Wallet
1.1 Creating a Wallet with MetaMask (PC and Mobile)
MetaMask is one of the most popular cryptocurrency wallets. It allows you to store, send, and receive Ethereum and ERC-20 tokens. Here's how to create a MetaMask wallet:
Follow the setup process and store your backup phrase securely.
Step 2: Load Funds into Your Wallet
2.1 Using Centralized Exchanges (Bitget, Bybit, Binance)
To start using your crypto wallet, you'll need to load it with cryptocurrency. This can be done by purchasing crypto on centralized exchanges (CEX) such as Bitget, Bybit, or Binance, and then sending it to your wallet.
Deposit or buy cryptocurrency using a credit card or bank transfer.
Go to "Assets" and select "Withdraw."
Enter your wallet address (MetaMask or Bitget), select the cryptocurrency, and confirm the withdrawal.
Step 3: Use DApps
Once you've funded your wallet, you can start using decentralized applications (DApps). DApps allow you to swap tokens, lend/borrow funds, or even participate in DeFi (Decentralized Finance) protocols.
Using DApps with MetaMask (PC and Mobile)
PC: Open a DApp website (e.g., Uniswap) in your browser and connect your MetaMask wallet when prompted.
Mobile: Open the MetaMask app and tap the built-in browser. Enter the DApp URL, and connect your wallet when prompted.
Aave – Decentralized finance (DeFi) lending and borrowing platform.
Step 4: Bridge Between Layer 2 (L2) Networks
If you're using a Layer 2 solution (like Arbitrum, Optimism, or Polygon), you might want to bridge funds between different networks. Here's how to do it:
Select the network you're bridging from (e.g., Ethereum) and the destination network (e.g., Arbitrum or Optimism).
Choose the amount and the token to bridge.
Confirm the transaction and wait for the bridge to complete.
Step 5: Participate in Airdrops and Earn Free Tokens
Airdrops are a way for cryptocurrency projects to distribute free tokens
to users who complete specific tasks. Many Layer 2 (L2) networks and
decentralized projects offer rewards to their early users through airdrop
campaigns.
5.1 How to Use Layer 2 Networks for Airdrops
Projects like Arbitrum, Optimism, and zkSync offer airdrop rewards to users who interact with their networks. Here's how you can engage with them and potentially qualify for future airdrops:
Arbitrum: Bridge assets to Arbitrum using a
cross-chain bridge like Bungee Exchange and explore dApps on the Arbitrum
network. Early network users are often rewarded with airdrops.(Arb
Airdrop completed)
Optimism: Use the Optimism network by transferring
funds and interacting with decentralized applications. Active network
users may receive OP token airdrops based on their participation.(Op Airdrop completed)
zkSync: Bridge assets to zkSync and engage with
dApps in their ecosystem. Early participants could receive rewards when
zkSync launches its token.(Zk Airdrop completed)
Suggestion : Check out Earn3 for new Airdrops updates Earn3
Tip : Check Our blog page for airdrop post aslo. You can also post
your own Airdrops Blog
5.2 How to Use Galxe to Complete Tasks for Airdrops
Galxe allows you to earn tokens by completing tasks for crypto projects. Follow these steps to start earning rewards on Galxe:
Connect your wallet (e.g., MetaMask or Bitget) to Galxe.
Select a project from the list of available campaigns.
Bind your social media accounts.
Complete tasks such as following social media accounts, joining Discord channels, or interacting with dApps.
Once the tasks are completed, you can claim your rewards in the form
of tokens/points/nft etc.
Need help for Completing a task? Join project
Discord/Telegram ask there for Help and Remember never give your
private key/security phrase to anyone even if your friends.
5.3 Using the Mises Browser for Web3 DApps and Extensions
Mises Browser is a crypto-friendly browser that supports Web3 applications. You can also use browser extensions typically available on PC directly from your mobile device.
Open the Mises Browser and import/create your crypto wallet (MetaMask, etc.).
You can now interact with Web3 DApps and participate in airdrop campaigns on your mobile device.
Using the Mises PC Extension Feature on Mobile:
Install the Mises Browser on your mobile device.
Enable the PC extension feature in the browser settings.
Install your desired Web3 extensions (like MetaMask) directly onto the mobile browser.
Use these extensions to interact with Web3 applications as you would on a desktop.
6 How to Validate a Token (Not Beginner friendly)
Before investing or interacting with a cryptocurrency token, it's
essential to validate its legitimacy to avoid scams, rug pulls, or
malicious projects. Here are some tools you can use to validate a token
across various blockchains. If you need help ask me in Tweet. (link is
at the end )
6.1 DEX Screener
DEX Screener is a real-time multi-chain decentralized exchange (DEX) tracking tool. It allows you to check token prices, liquidity, and recent trades. To validate a token:
Go to the DEX Screener website.
Search for the token by name or paste the contract address.
Review its liquidity and recent trading volume.
Check for abnormal price movements or sudden liquidity withdrawals, which could be red flags.
6.2 DEXCheck
DEXCheck is a platform providing insights into trading data and token health on decentralized exchanges. It offers a security score for tokens. To validate a token:
Visit the DEXCheck website.
Search for the token by name or contract address.
Check the token’s health score, including liquidity, community engagement, and security metrics.
Pay attention to any warnings or risks flagged by DEXCheck’s analysis.
6.3 InsideX (SUI)
InsideX provides detailed analytics for tokens on the Sui network. It helps you track wallet holdings and liquidity pools. To validate a token on SUI:
Visit the InsideX website.
Search for the token using the token name or contract address.
Check the liquidity pools and major token holders.
Validate the distribution of tokens and ensure no single wallet holds an overwhelmingly large percentage, as it could lead to manipulation.
6.4 RugCheck (SOL)
Rug Check is a token validation tool for Solana-based tokens that helps detect rug pull risks. To validate a Solana token:
Go to the RugCheck website.
Enter the token’s contract address or symbol.
RugCheck will analyze the token’s code and liquidity to identify potential risks.
Check for warnings about centralized control, limited liquidity, or other red flags.
6.5 Token Sniffer
Token Sniffer is a comprehensive platform for checking the authenticity and risks of tokens across multiple blockchains. To validate a token using Token Sniffer:
Go to the Token Sniffer website.
Search for the token by contract address or symbol.
Review the token’s score based on criteria like ownership renouncement, token supply distribution, and liquidity locks.
Ensure the token has no warnings like ‘high buy/sell fees,’ ‘honeypot risk,’ or ‘blacklisted addresses.’
6.6 Bubble Maps
Bubble Maps visualizes wallet interactions to help you assess a token’s holder distribution. To use Bubble Maps:
Visit the Bubble Maps website.
Select the blockchain (e.g., Ethereum) and enter the token’s contract address.
Review the map that shows how interconnected the wallets holding the token are.
Ideally, there should be diverse, decentralized holders, rather than clustered wallets controlled by a few entities.
6.7 Tweet Scout
Tweet Scout is a platform that tracks token mentions on Twitter, helping you gauge social sentiment. To validate a token:
Go to the Tweet Scout website.
Search for the token by name or symbol.
Review how frequently the token is mentioned on Twitter and check for any positive or negative sentiment trends.
Be wary of tokens with artificial social activity (bot-driven hype) or negative sentiment indicating potential issues.
7 CryptoRank
CryptoRank offers a broad view of token rankings, including metrics like market cap, trading volume, and historical performance. To validate a token on CryptoRank:
7.1 What is CryptoRank?
CryptoRank is a platform that provides comprehensive data analytics for cryptocurrency markets. It offers insights into token sales, fundraising, and real-time rankings of projects based on performance metrics.
7.2 Benefits of Using CryptoRank
Real-time Data: Get the latest updates on cryptocurrency market trends.
Fundraising Tracking: Monitor investment rounds and backers of blockchain projects.
Project Comparisons: Easily compare crypto projects with rankings and metrics.
Upcoming Events: Stay informed on upcoming ICOs, IDOs, and Layer 2 projects.
7.3 How to Use CryptoRank
Visit the CryptoRank platform and sign in with your account.
Explore the **Fundraising** section to track how much money projects are raising.
Check out the **Backers** to see which venture capitalists and investors are supporting projects.
Use the **All Projects** tab to view and compare various blockchain projects.
Monitor the **Upcoming Layer 2** section for new projects building on Ethereum and other blockchains.
Stay informed on upcoming ICOs and IDOs to participate in new project launches.