This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Shrapnel?

Shrapnel (SHRAP) is a multi-faceted utility token native to the blockchain-enabled first-person shooter game Shrapnel. It provides utility and serves as a medium of exchange within the Shrapnel platform, which offers a comprehensive suite of player-creation tools merging combat, creation, curation, and community. The token is an ERC-20 token initially minted on the Avalanche C-chain.

How is Shrapnel used?

Shrapnel (SHRAP) is a multifaceted utility token in the Shrapnel blockchain game. It is earned by players through activities like surviving matches and creating NFTs. The token can be used to acquire vanity items and maps within the game, allowing players to own and control their creations through a unique "play-to-own" model. Additionally, SHRAP grants voting rights on game content and protocol aspects, with potential future use as a gas token to subsidize user fees.

How do I store Shrapnel?

To store Shrapnel (SHRAP) tokens, you can use a digital wallet that supports Avalanche, the blockchain on which SHRAP tokens are built. Here are the steps:

  1. Create a Digital Wallet: You can use a wallet like Metamask, which supports Avalanche and can store SHRAP tokens. Connect your wallet to the Shrapnel platform.

  2. Acquire SHRAP Tokens: You can purchase SHRAP tokens directly on the Shrapnel website using a credit or debit card through the integration with Halliday, Moonpay, or Stripe.

  3. Transfer Tokens to Wallet: Once you have acquired SHRAP tokens, transfer them to your digital wallet. You can do this by hovering over your profile on the Shrapnel website and opening the Shrap transfer option from Metamask.

  1. Secure Your Wallet: Ensure you follow best practices for securing your wallet, such as not sharing your seed phrase and being cautious of scams.

By following these steps, you can safely store and manage your SHRAP tokens.

How to buy Shrapnel?

To buy Shrapnel (SHRAP) tokens, follow these steps:

  1. Choose a Crypto Exchange: Select a reliable centralized exchange where SHRAP is listed. Popular options include KuCoin, CoinEx, and Bybit. Research the fees, security features, and supported currencies before making a choice.

  2. Create an Account: Register a free account on the chosen exchange by providing personal information such as your name and email address. You may need to complete KYC (Know Your Customer) verification to increase withdrawal limits and unlock additional features.

  3. Make a Deposit: Fund your exchange account using a credit or debit card, or by transferring existing cryptocurrencies. Ensure you have sufficient funds to cover the purchase.

  1. Place a Buy Order: Navigate to the SHRAP trading pair (e.g., SHRAP/USDT) and place a buy order. You can choose between market orders for instant purchases or limit orders to buy at a specified price.

  2. Store Your SHRAP: Once your order is executed, your SHRAP tokens will be available in your exchange account. You can store them there or transfer them to a personal wallet for added security.

Remember to stay informed about market trends and adjust your investment strategy accordingly.

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How Shrapnel works

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Shrapnel's strengths

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