❓
FAQs
Frequently Asked Questions
What is MoonBaby Token? Moonbaby Token, abbreviated as $MNBY, is a fully decentralized BSC token.
What is a Token? Tokens, generally speaking, are non-mineable digital units of value that exist as registry entries in blockchains.
What is a Blockchain? A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin or Ethereum, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party.
Investing in MoonBaby is to invest in your part to the growth of Defi. as the organisation grows so does your asset.
What Blockchain is MoonBaby Token on? MoonBaby Token is available on the most widely used blockchain the Binance Smart Chain (BSC), on a BEP-20 standard.
A crypto public ledger is a record-keeping system. The ledger maintains the identities of participants anonymously, their cryptocurrency balances, and a record of all the transactions executed between network participants.
1: Add and select BSC network to your MetaMask wallet
3: Click on “Connect” at the top-right-end corner. Select “MetaMask”
4: You will need BNB in order to buy (swap) MoonBaby Token($MNBY) from the available BNB in your wallet. Enter the amount of BNB to swap.
If none transfer Binance Coin ($BNB) to your MetaMask wallet.
6: Click on “Swap” and a pop-up window will show on the top-right-end corner on MetaMask, confirming the Gas you are going to use. Confirm the default values or increase them if you want the transaction to be faster. Set slippage at 9%
Gas is the cost necessary to perform a transaction on the network.
After the transaction is submitted, wait for confirmation.
Congratulations! You have now bought MoonBaby Token through MoonBaby Exchange
Configuring BNB Inside MetaMask
You might notice straight away that we’re still dealing with an Ethereum wallet. This won’t work with MoonBaby's Swap. Let’s change that. We want to access the Settings to point the wallet towards BNB Blockchain nodes.
On the Settings page, we want to locate the Networks menu
Now click Add Network in the top-right corner to manually add the BNB Blockchain in your MetaMask wallet. Below are the parameters for The BNB Blockchain.
============================
Adding The BNB Blockchain On MetaMask:
Network Name: Smart Chain
New RPC URL: https://bsc-dataseed.binance.org/
ChainID: 56
Symbol: BNB
Block Explorer URL: https://bscscan.com
What is the difference between a Coin and a Token? The crypto industry has said that the key distinction between coins and tokens is that crypto coins are the native asset of a Blockchain like Bitcoin or Ethereum, whereas crypto tokens are created by platforms and applications that are built on top of an existing Blockchain.
Last modified 11d ago