Note: This asset is not listed on Binance for trade and service.
Binance is constantly reviewing and adding crypto assets that can be used on the Binance platform. If you would like to know where to buy MilkySwap, which is currently not listed on Binance, you can follow the step-by-step guide below.
The most straightforward way is to find a reliable centralized exchange where you can buy MilkySwap, similar to Binance. You can refer to Coinmarketcap.com's Markets section to find the list of centralized exchange the coin is listed on.
Another option to buy the MilkySwap is through a decentralized exchange (DEX) which supports the blockchain where your MilkySwap resides. This guide will show you how to buy MilkySwap by connecting your crypto wallet to a decentralized exchange (DEX) and using your Binance account to buy the base currency.
1
Download a Nami Wallet
There are several crypto wallets to choose from within the Cardano network and Nami appears to be the most integrated. If you are using a desktop computer, you can download Google Chrome and the wallet Chrome extension. If you prefer using your mobile phone, you can download the wallet via Google Play or iOS App Store if it’s available. Just make sure that you are downloading the official Chrome extension and mobile app by visiting the Nami’s website.
2
Set up your Nami
Register and set up the crypto wallet via the wallet’s Google Chrome extension or via the mobile app you downloaded in Step 1. You may refer to the wallet’s support page for reference. Make sure to keep your seed phrase safe, and take note of your wallet address. You will be using it later on Steps 4 and 6.
3
Buy ADA as Your Base Currency
Once your wallet is setup, you can login to your Binance account and proceed to the Binance Crypto webpage to buy the ADA. If you are not an existing user, you can refer to our How to Buy ADA guide on registering and buying your first Crypto asset on Binance.
4
Send ADA From Binance to Your Crypto Wallet
Once you buy your ADA, go to your Binance wallet section and look for the ADA you purchased. Click on withdraw and fill up the required information. Set the network to Cardano, provide your wallet address and the amount you want to transfer. Click the withdraw button and wait for your ADA to appear in your Nami.
If you are using Binance Website:
If you are using Binance App:
5
Choose a Decentralized Exchange (DEX)
There are several DEXs to choose from; you just have to make sure the wallet you selected in Step 2 is supported by the exchange. For example, if you use Nami wallet, you can go to SundaeSwap to make the transaction.
6
Connect Your Wallet
Connect your Nami wallet to the DEX you want to use by using your wallet address from Step 2.
7
Trade Your ADA With the Coin You Want to Get
Select your ADA as the payment and select the MilkySwap as the coin you want to acquire.
8
If MilkySwap Doesn’t Appear, Find its Smart Contract
If the coin you want does not appear on the DEX, you can refer to https://explorer.cardano.org/en and find the smart contract address. You can then copy and paste it into SundaeSwap. Beware of scams and make sure you got the official contract address.
9
Apply the Swap
Once you are done with the previous steps, you can click on the Swap button. From deciding where to buy MilkySwap to making the purchase, your crypto transaction is now complete!
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