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Crypto Noobs #13 - Buying CUB on Hive Engine & Staking on Binance Smart Chain

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@l337m45732
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Welcome back to Crypto Noobs.

It's the series where I, a random degen on the internet that smokes too much, show you how to do shit with crypto. I'm not and expert nor a financial advisor. I just have a love for crypto and NFTs so I do a lot of experimenting. Recently Cub Finance has gotten a lot of attention dur to some upcoming events. PolyCUB launching defi on Polygon, Cub' second IDO announcement, and new IDO structure. Last time I showed you how to move BNB from Hive Engine to BSC so check that out here. Today we're looking at CUB specifically.

Why would I do this this way? Maybe you're like me and always hunting a discount.

I grabbed 15 SWAP.CUB for 56 cents earlier. That's a big discount considering the trade value for CUB right now is 73 cents. I know it isn't a lot and there id barely any volume on Hive Engine for CUB, but a discount is a discount. One thing to note here - You will need SWAP.BNB for the gas fee just like on BSC.

Step 1:

Get some SWAP.CUB and SWAP.BNB. Head to Hive Engine on the respective markets and buy however much.

Step 2:

Click Withdraw on Hive Engine. Select BEP20 tokens from the dropdown. Then CUB from the second drop down.

Step 3:

Take note of the gas fee at the bottom and deposit SWAP.BNB to cover. NOTE Non refundable so don't send more than you need.

Step 4:

Click the refresh button next to the + symbol and make sure you Gas Fee balance matches. Click withdraw and watch the magic happen.

Step 5:

Head to Cub Finance and click the CUB Kingdom. Then hit deposit and confirm the amount.

Step 6:

Pat yourself on the back because you make good decisions. Now you're earning 55% APY on your CUB and qualify for the PolyCUB airdrop!

Questions? Comments?

lemme know!

Posted Using LeoFinance Beta