How and Where to Buy Hoge Finance (HOGE) – Detailed Guide

But we are not done yet. We need to convert our ETH into HOGE. As HOGE is currently listed on PancakeSwap we will guide you through how to convert your ETH on the platform. Unlike other centralised exchanges the conversion steps will be a little different on PancakeSwap since it is a decentralised exchange (DEX) which does not require you to register an tài khoản nor going through any KYC process, however, trading on a DEX requires you to manage your own private key to your altcoin wallet and it is suggested that you take extra care of your wallet private key, because if you lost your keys, it means that you will lost access to your coins forever and no customer support will help you retrieve your assets back. Although if managed properly it is in fact more secure to store your assets in your own private wallet than on exchange wallets. If you are still uncomfortable with using a DEX just yet, check if HOGE is available on any other traditional centralised exchanges on the tab above. Otherwise let’s follow these steps carefully.

Convert your ETH into BNB on Binance

PancakeSwap is a DEX that is similar to Uniswap/Sushiswap, but instead it runs on Binance Smart Chain (BSC), where you will be able to trade all BEP-20 tokens (as oppose to ERC-20 tokens in the Ethereum blockchain), unlike Ethereum, it greatly reduces the trading(gas) fees while trading on the platform and is gaining popularity recently. PancakeSwap is built on an automated market maker (AMM) system which relies on user-funded liquidity pools and that is why it can work perfectly without a traditional order book from centralised exchanges.

In short, as HOGE is a BEP-20 token running on Binance Smart Chain, the quickest way to buy it is to transfer your ETH to Binance (or the exchanges listed on the table below for US traders), convert it into BNB, then send it to your own wallet via Binance Smart Chain and swap your BNB for HOGE on PancakeSwap.

US traders should consider signing up on the exchanges below.

Once you have registered on Binance or the exchanges suggested above, head over to the wallet page and choose the ETH and click deposit. Copy the ETH address and head back to UpHold, withdraw your ETH to this address and wait for it to arrive, this should take around 15-30 minutes depending on usage of the ETH network. Once arrived, trade your ETH to Binance Coin (BNB).

Transfer BNB to your own wallet

Here comes the trickiest part of the process, now you need to create your own wallet to hold both BNB and HOGE, there are several options to create your own wallet, the best option is to use a hardware wallet, such as Ledger Nano S or Ledger Nano X. They are secure hardware that provide various layers of security to protect your assets, you only have to store the seed phrases in a safe place and never put it online (i.e. do NOT upload the seed phrases to any cloud services/storage/email, and also do not take photo of it). If you are planning to stay in the crypto scene for a while, it is highly recommended that you get a hardware wallet.

Ledger Nano S

Ledger Nano S

  • Easy to set up and friendly interface
  • Can be used on desktops and laptops
  • Lightweight and Portable
  • Support most blockchains and wide range of (ERC-20/BEP-20) tokens
  • Multiple languages available
  • Built by a well-established company found in 2014 with great chip security
  • Affordable price

Buy NowLedger Nano X

Ledger Nano X

  • More powerful secure element chip (ST33) than Ledger Nano S
  • Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
  • Lightweight and Portable with built-in rechargeable battery
  • Larger screen
  • More storage space than Ledger Nano S
  • Support most blockchains and wide range of (ERC-20/BEP-20) tokens
  • Multiple languages available
  • Built by a well-established company found in 2014 with great chip security
  • Affordable price

Buy Now

Alternatively you can create your own wallet, here we will use MetaMask as an example to show you how to set up your wallet.

Add MetaMask extension to Chrome

We recommend using Google Chrome or Brave Browser here. Go to Chrome Web Store and search for MetaMask, make sure the extension is offered by https://metamask.io for safety and then click Add to Chrome.

MetaMask

Proceed with “Get Started” and then click on “create a wallet” in the next screen, read all the instructions on the next screen and then click “Agree”

MetaMask

Next choose a secure password to secure your MetaMask wallet, this password is not your private key or seed phrases, you only need this password to access the Chrome Extension.

MetaMask

Here comes the backup phrase generation step, on the screen you will see a list of random words appearing after you click “reveal secret words”, write these words down on a piece of paper and do not ever save them online, anywhere. For extra security you may even consider getting a Cryptosteel Capsule from Ledger to store your phrases securely and physically.

CryptoSteel Capsule Solo

Once you have saved your seed phrases securely, confirm on the next screen by verifying them. And you’re done! Read the tips once more to ensure you’re fully aware of the security issues and click all done, now your wallet is ready. Now click on the MetaMask icon on the extension bar on the browser and unlock your wallet with your password. You should see your initial balance afterwards.

MetaMask

Now you are ready to deposit your BNB to your wallet, head over to PancakeSwap, click “Connect” at the top and choose MetaMask.

PancakeSwap

If this is your first time to connect with MetaMask you should be asked immediately if you would like to add the Binance Smart Chain network to your MetaMask, please do proceed with this step as it is very important that you make sure you are sending your BNB via the right network. After adding the network, switch to the network on MetaMask and you should be able to see your BNB balance on the Binance Smart Chain. Now copy the address to clipboard by clicking on the tài khoản name.

MetaMask

Now head back to Binance or whichever exchange you bought BNB. Go to the BNB wallet and select Withdraw, on the recipient address, paste your own wallet address and make sure it is the correct address, then on transfer network, make sure you have selected Binance Smart Chain (BSC) or BEP20 (BSC)

MetaMask

Click submit and follow the verification steps afterwards. After successfully withdrawing your BNB it should arrive very shortly to your own wallet. Now you’re ready to buy HOGE finally!

Head back to PancakeSwap, select Trade > Exchange on the left sidebar

PancakeSwap

You should see a relatively simpler interface here with basically just two fields, from and to, and a big button saying either “Connect Wallet” or “Swap”.

PancakeSwap

Click on Connect Wallet if you haven’t done so already. Otherwise you should be able to see your BNB balance here at the from field, enter the amount you would like to exchange for HOGE and then on the to field, choose HOGE from the dropdown, the corresponding amount of HOGE should show up immediately. Verify and then proceed with “Swap”. In the next screen, confirm the transaction once more by clicking Confirm Swap. Now MetaMask should pop up and ask you if you want to allow PancakeSwap to spend your BNB, click Confirm. Wait for the confirmation screen until it shows “Transaction Submitted”, congratulations! You have finally bought HOGE!! After a short while you should be able to see your HOGE balance on your MetaMask Wallet.

PancakeSwap