DeFi the hard way, how to get money into Giddy Print
Modified on: Wed, 19 Oct, 2022 at 4:04 PM
DeFi the Hard Way
- Notes and Things to Think About
- Setup your Payment Method
- Buy Crypto
- Withdraw Your Crypto
- Next Steps Giddy Coin dApp Guide
- Video Walk through https://youtu.be/98FCnQytYlk
Notes and Things to Think About
There are 2 "direct" ways to get money into Giddy.
Bank ACH - Most reliable form today, but it's going to make you wait 5-15 days for the transaction to clear.
Credit Card - Very spotty as some credit card companies refuse to allow crypto transactions and purchases. But if you do get it to work you can withdraw immediately for a small credit card fee.
You will want to create an account on Crypto.com or Binance.us for our guide we are going to show you Binance.us in this guide.
Setup your Payment Method
Once your account is created you will want to select your profile and then follow the screenshots below in order
Settings
Payment Methods
Add Account
Select Payment Method
Buy Crypto
Once you pick one of the payment methods and they are verified you can follow the steps below.
Buy Crypto
Select Currency
Change from BTC to MATIC
Set the dollar amount you want to purchase and the payment method you setup previously
Confirm the purchase
Most likely get an error, it's ok it also most likely worked!
Go check your wallet and see if it actually did work (might take a few mins to process)
Withdraw Your Crypto
Most Exchanges will hold your crypto for 5-10 days before they let you withdraw it so after waiting the appropriate days you will want to withdraw your MATIC to the polygon network Follow the steps below.
Click on Withdraw
Select MATIC to Withdraw
Input amount to withdraw and select Polygon Network, the network is important make sure you get it right.
Copy address from MetaMask (whatever wallet you use) and enter it in Binance
Follow all the prompts between your wallet and binance to confirm the withdrawal, check your wallet to see the deposit and withdrawals status.
Next Steps Giddy Coin dApp Guide
Video Walk through
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