A Step-by-Step Guide to Buying TerraM Tokens via Raydium AMM

13 March, 2024 | Knowledge base | 51 seen

You can participate in TerraMatris crypto hedge fund by owning TerraM coin. 

Each TerraM token corresponds to a 1/10,000th share in the fund, allowing investors to gain exposure to a diversified range of assets and strategies. This not only spreads risk but also offers a chance to benefit from the fund's performance. 

Swap USDC for TerraM on Raydium

TerraM token runs on Solana blockchain, which is known for its high throughput and low transaction fees, offering users fast and cost-effective transactions when interacting with TerraM tokens.

If you're eager to get your hands on TerraM tokens, Raydium Automated Market Maker (AMM) is your gateway to seamless transactions. Here's a straightforward guide to acquiring TerraM tokens using Raydium

Prepare Your Solana Wallet: Before diving into the purchase process, ensure you have a Solana-compatible wallet set up and funded with SOL tokens to cover transaction fees. Popular options include Sollet, Phantom, and Solflare. 

Also you will need USDC for swapping against TerraM, you can acquire USDC from you favorite crypto exchange, for example Coinbase, Kraken, Binance etc. Make sure you have funded your wallet both with SOL (for transaction fees) and USDC for actually swapping against TerraM

We recommend using Phantom Google Chrome extension

Access Raydium AMM: Visit the Raydium platform through your preferred web browser. Raydium is a decentralized exchange built on the Solana blockchain, offering efficient and low-cost trading of various tokens.

Connect Your Wallet: Connect your Solana wallet to the Raydium platform by clicking on the wallet icon and selecting your wallet provider. Follow the prompts to authorize the connection securely.

Navigate to the TerraM Trading Pair: Once your wallet is connected, navigate to the TerraM trading pair on the Raydium AMM interface. TerraM is paired with USDC on Raydium, allowing you to trade USDC for TerraM tokens directly.

Here is the direct link: Swap USDC for TerraM on Raydium

Set Your Transaction Parameters: Determine the amount of USDC you wish to exchange for TerraM tokens. Consider the current market price, liquidity, and any desired slippage tolerance for your transaction.

We recommend starting small, consider $25-$50 for your first investment

Execute Your Trade: Enter the amount of USDC you want to swap for TerraM tokens in the provided fields. Review the transaction details before confirming the trade. Raydium's AMM ensures fast and efficient execution of your order.

Confirm and Monitor Your Transaction: Confirm the transaction through your Solana wallet interface. Once confirmed, you can monitor the status of your trade on the Raydium platform or through your wallet's transaction history.

Securely Store Your TerraM Tokens: After the transaction is complete, TerraM tokens are stoired in your Solana wallet. Now, you have full control over your assets and can securely store them for future use.

Congratulations! You've successfully purchased TerraM tokens through Raydium's AMM, tapping into the vibrant ecosystem of decentralized finance (DeFi) on the Solana blockchain. Stay engaged with the TerraMatris community and explore the possibilities of TerraM within the rapidly evolving crypto landscape.

Disclaimer: Cryptocurrency trading carries inherent risks. Exercise caution and conduct thorough research before participating in any transactions. Always ensure the security of your wallet and private keys.

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