Ultimate Drip Starter Guide
Before I begin this article I must remind my readers, please do your own research and only invest what you are willing to lose.
If you are looking for a project that could potentially change your life by creating a passive income stream, you should consider the Drip Network. The concept is simple: Earn 1% daily on your deposits, like a high interest savings account(your initial deposit cannot be reclaimed). This takes your 365% and turns it into 3678% APY. To put it in perspective, if the price stays the same(which it probably wont it will go higher but nothing is guaranteed), Off of a $1,000 investment after a year it would be worth $37783.43. Your investment would then get paid out in 3 days starting the next year.
If this sounds interesting to you, please follow the steps below:
- First thing we need to do is get BNB. This can be done via Crypt.com(Highly Recommend), Bianance.us , or Coinbase. Depending on where you start you may need to convert some crypto to be able to buy BNB which is why Crypto.com is highly recommended because its the most straight forward process.
- Next you will need a MetaMask wallet. You can either download this app on your phone or add it as a chrome extension. Having this wallet will help you interact with the blockchain.
- Next you must add the Binance Smart Chain to your MetaMask wallet. Click on Ethereum Mainnet and click “Custom RPC” at the top of the MetaMask app. Enter the following:
New RPC URL: https://bsc-dataseed.binance.org
Chain ID: 56
Currency Symbol: BNB
Block Explorer URL: https://bscscan.com
Click Save then click “Add Network”
Now that BNB has been added to your wallet you should not be able to see the BNB in your wallet. If so we are ready to exchange BNB for Drip. Navigate to https://drip.community/fountain and you can convert your BNB to Drip here. You can change the slippage tolerance to 1%-5%. Also make sure to leave a little bit of BNB so you can pay for the transactions you make. If you run low you will need to claim so you can maintain gas money.
Next go to the Faucet- https://drip.community/faucet
Enter the buddy address: 0x1FCbCBe306d60193108BDF2A3cC218aB1F2EEB92
And you are all set! If you would like to maximize your earnings make sure to compound daily and build your team!
