Posts

I did it! And here's my guide :) What you need to use cubdefi.com by LeoFinance!

avatar of @katerinaramm
25
Katerina
@katerinaramm
·
·
0 views
·
3 min read

Even though I've been using blockchain dApps for a long time and I consider myself to be savvy in digital applications .. I admit that I had nothing to do with DeFi so far

I got another reason to thank LeoFinance .. It made me be angry with myself because I did not understand a thing about DeFi (and how to use it) until I managed to do something really important for me!

I managed to approve the contract between bLEO and BNB

How did I do it?

To be honest, I have been reading almost all day long Whatever guide I was reading, I was bumping into unknown words, or to tokens that I had nothing to do with!

So I decided to keep it real simple - as in 1,2,3

I said to myself
I WILL MAKE IT HAPPEN NO MATTER WHAT

Attention

This is no financial advice, or no official guide. This is the way that I found out and worked for me .. I will let you know the outcomes in a few days The amounts I used where very small so that even if I did any mistakes, it would not really matter

What you absolutely need

.1. A metamask wallet
It is easy to create one, check out the guide by leofinance

https://docs.cubdefi.com/tutorials/how-to-download-and-setup-metamask

Note: Some friends use other wallets like trust wallet - I have no experience with it

.2. You need to connect it with binance smart chain Again, check out this guide
https://docs.cubdefi.com/tutorials/how-to-connect-metamask-to-bsc-and-cubfinance

.3. You need some liquidity
I used https://wleo.io/bsc to bring some LEO and convert them into bLEO
I sent 9bLEO and received 8 (Unfortunately I did not have any more liquids)

.4. Connect cubdefi with your metamask

https://cubdefi.com/

This is very easy, just click on connect and it will go and find your wallet :)

.5. https://exchange.cubdefi.com/#/swap
I swapped bLEO and received some BNB BUT
YOU NEED BNB for the fees - I was so lucky because a friend sent me some until I see how it works and buy my own The fees are not so big, I think it is well worth it!

(Thank you my friend!! - I will not disclose your identity ;))

.Note: You need to know the difference between bLEO, wLEO, Cub etc
make sure you read this guide by LeoFinance :)

https://docs.cubdefi.com/tutorials/how-to-download-and-setup-metamask

Apart from that, I found many interesting guides which proves that there so many different things to be done that it is mindblowing!

Some guides are below:

by @simplylife

by @romirspc

by @filotasriza3

by @flauwy

by @bitcoinflood

by @scaredycatguide

I hope you found my post useful or motivating We can do anything we set our mind to Nothing is too hard. If we dont try it - we can have no opinion

Thank you for visiting!

Who am I?

I am Katerina from Crete, Greece. An enthusiastic content creator with a passion for photography. Interested in the blockchain technology, in new social media platforms and in trying to educate new users who wish to explore the blockchain social media world and its possibilities!

Posted Using LeoFinance Beta