The native token of digitra.com, DGTA, will be launched on May 30, 2023, but it is possible to purchase the token before then at a $0.10 price. How can you do this? Through launchpad platforms partnered with digitra.com: Kommunitas, Tsunami, Ixirpad, and Xstarter. If you’re unsure of how to use such platforms or would like to learn more about digitra.com’s initial offering, read this post through to the end to get a clear understanding of everything. Let’s get started!
What are Launchpads?
Also known as decentralized crowdfunding and initial DEX offering (IDO) platforms, launchpads are online platforms for the presales of tokens and projects in the launch phase. Many crypto projects and Web 3 projects, in general, start their presales using launchpads. As a result, these platforms are well-equipped and experienced in facilitating token purchases.
digitra.com has partnered with reputable and experienced platforms in the market to offer the presale of the DGTA token. We have established partnerships with four of them: Kommunitas, Tsunami, Ixirpad, and Xstarter.
Why buy the DGTA token?
DGTA is the native token of the Digitra.com exchange, created on the Ethereum blockchain, to facilitate several initiatives of digitra.com. Every new user who registers on the platform and verifies their account, gets a free Airdrop of 50 DGTA tokens, for now.
DGTA is also the basis for two major initiatives of the platform; Zero Fees for all customers who have at least 50 DGTA tokens in their wallet; and Trade to Earn, in which customers are paid with DGTA tokens whenever they use the platform to trade cryptocurrencies. Every trade generates a reward, so the more customers trade, the more they can earn. Every day, 15,000 DGTA tokens are distributed among customers who have done some buying or selling of cryptocurrencies that day.
Understand more about the DGTA in this post!
When will DGTA be launched?
The launch of DGTA will take place on May 30, 2023, when the token will be listed on digitra.com, and customers will be able to purchase more units. However, it is possible to buy DGTA before that date by participating in the presale on Launchpad platforms.
The advantages of presale are the predefined price and the opportunity to buy more DGTAs before everyone else. The issue is that once the token is listed on Digitra.com, it will be available in the competitive cryptocurrency market subject to the laws of supply and demand. No cryptocurrency has a fixed price; it fluctuates due to market conditions. Considering this, through Launchpads, you can indeed purchase DGTA tokens at $0.10, without being exposed to a potential price increase upon listing, which could make the token more expensive.
How do I buy DGTA tokens on Launchpads?
To buy DGTA tokens on Launchpad platforms, you will need to choose one of digitra.com’s partners: Kommunitas, Tsunami, Ixirpad, and Xstarter. Access each platform, and carefully read about how they work and their requirements for purchasing. Ideally, choose the platform that you find the simplest and easiest to use, especially if it’s your first time using a Launchpad platform.
Access, read, and research the platform, understand its purchasing conditions and make your decision. You will notice that each platform has slightly different dynamics. The specific cryptocurrency used to buy DGTAs may also vary across platforms. We will explain this further.
How do I get started?
The first step to making token purchases on the platforms is to connect a cryptocurrency wallet. The most well-known wallet, accepted by all of digitra.com’s Launchpad partners, is MetaMask.
If you don’t have a MetaMask account yet, follow the step-by-step guide below to create one. If you already have a MetaMask account, you can skip this step.
How do I create my wallet on the MetaMask?
- Go to MetaMask and click on “Download.”
- In the Chrome Web Store, click on “Add to Chrome.”
- Now, add the extension to your browser.
Tip: You can pin extensions to your browser by clicking on the puzzle piece icon and then the “Pin” option.
- The next step is to create your MetaMask digital wallet. If it’s your first time, click on “Create a new wallet.“
- MetaMask will ask you to “Agree” to the wallet’s terms of use. Click on Agree.
- Now, pay attention: in MetaMask, there are two password options: one for accessing the application and another for accessing the wallet. Let’s explain further.
The password for accessing the application should be at least eight characters long and is used to unlock the application whenever you want to use it. It’s important to create a strong and secure password. After doing that, click on Create a new wallet.
- In the next step, MetaMask will explain all the precautions we should take with your passwords. Read this information carefully, especially if you are new to cryptocurrencies. After that, click on Protect my wallet.
- The recovery phrase, also known as the backup phrase, consists of a series of words that allow access to our cryptocurrency wallet regardless of the device used. It’s different from the password, which is used only to unlock the application.
It is recommended to store these phrases offline to prevent hackers from accessing your cryptocurrencies in case your devices are compromised. It’s advisable to keep the phrase in a secure location accessible only to you. This phrase is the only way to access your wallet, so handle it with the utmost care.
Never disclose your 12 secret words and write them down in a safe place to avoid losing them.
- Write down your 12 security words in the same order they appear and click the Next button. For example: 1- reject, 2- machine, 3- velvet, 4- tooth, 5- oblige, 6- eternal, 7- fat, 8- consider, 9- cement, 10- tonight, 11- speed, 12- language.
- Fill in all the empty fields and click Confirm.
- Congratulations, your wallet has been successfully created.
Now that you have your MetaMask wallet, you can connect it to the Launchpad platform of your choice to purchase your DGTA tokens. Here’s how the purchase process works:
Connect your wallet
All platforms where DGTA is available for presale require the connection of your wallet, and they all support MetaMask. It is through this wallet that the purchase will be made, meaning you need to have a balance in your wallet to make the payment for the purchase and receive your DGTA tokens. In other words, your tokens will also be stored in the wallet after the purchase.
Can I buy with fiat coin?
No. No Launchpad accepts payments in fiat coins. You need to have a stablecoin tied to the US dollar in MetaMask or another cryptocurrency that the Launchpad accepts as payment. For example, Kommunitas accepts USDC (Polygon network) and BUSD (BSC network), while Tsunami accepts payments in USDT. Check this information on the Launchpad pages and choose the one that makes the most sense for you.
Purchase requirements
In general, all you need to do is connect your wallet to the Launchpad platform and ensure that you have a balance of the stablecoin accepted as payment by the platform. However, some Launchpads have additional prerequisites for participation in the presale. For example, Kommunitas requires you to hold their own token, KOM, and stake the token. This is a requirement of the platform for participating in any initial offering through them, not just for DGTA. So, research the Launchpad before starting your purchasing process.
Will I receive all the tokens in the purchase?
No, the release of purchased tokens occurs partially. In the case of Launchpads, 20% of the tokens you purchased are released immediately after the purchase is completed. The remaining 80% will be released in four monthly installments. For example, if you purchase in May, you will have received all the tokens by the end of August.
Is there a minimum purchase amount?
Yes, the minimum purchase amount is not the same for all Launchpads. Each one has its own minimum price. Check out this information directly on the platforms.
Once again, we emphasize the importance of researching the Launchpads, understanding how they work, and only then start your purchasing process. Always stay safe, verify the links you are accessing, and follow the steps calmly. Remember that you are dealing with your money.
If you have any questions during the process, join the digitra.com community on Telegram or Discord. There, you will find people with the same objective as you, as well as the digitra.com team, who can answer your questions.