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Babylon.finance
  • Getting Started
    • Introduction
    • Terminology
    • User Guides
      • 1. Funding a Web3 Wallet:
      • 2. Joining a Garden:
      • 3. Creating a Garden:
      • 4. Growing Your Garden:
      • 5. Buying BABL Tokens:
      • 6. Staking BABL Tokens:
      • 7. Bonding ETH/BABL:
    • 📹Video Guides
      • Deposit into a Garden
      • Creating a strategy
    • FAQ
      • Supported Software and Devices
    • Links
      • Media Appearances
      • Press Releases
      • Research Threads / Articles
  • Protocol
    • Litepaper
      • Participants
    • Gas Optimizations
      • 🪄Gasless Deposits
    • Integrations
    • Roadmap
  • 🖥️Developers
    • Building on Babylon
    • 🛠️Custom Integrations
    • Smart Contract API
      • BabController
      • Garden
      • Strategy
      • Custom Integrations
    • Error codes
    • Deployments
  • BABL
    • Tokenomics
    • 🫀 Heart
      • Heart Bonds
    • BABL Mining Program
    • Governance
      • Babylon Governor
      • Proposals
  • Prophets
    • 🛡️ 2592 Prophets
    • The Prophets Arrival (Concluded)
      • Great Prophets Auction
  • Security
    • Security
    • Risks
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  1. Getting Started
  2. User Guides

1. Funding a Web3 Wallet:

First Steps

PreviousUser GuidesNext2. Joining a Garden:

Last updated 3 years ago

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Babylon Finance is a decentralized application (Dapp) running on top of the Ethereum blockchain. Sometimes we call these Dapps "Web3" and you will need a Web3 wallet to interact with them.

Step 1: Download Metamask from Metamask.io

Step 2: Closely follow Metamask's instructions to safely set up, secure, and backup your private key phrase.

Reminder: Never input your seed phrase into anything. A legitimate Web3 protocol will never ask you for your seed phrase. Never give your seed phrase to someone else.

Step 3: Use your preferred fiat on-ramp exchange to fund your new Web3 wallet with Ether (ETH). You will need ETH in your wallet to pay for your transactions.

Step 4: Acquire the reserve currency to want your investments to be denominated in. If you want to invest stablecoins like USDC or USDT you will need to acquire it from an exchange.

Popular Crypto Exchanges:

- Centralized

- Centralized

- Centralized

- Centralized

- Decentralized

- Decentralized

https://www.coinbase.com/
https://www.kraken.com/
https://www.binance.com/en
https://ftx.com/
https://uniswap.org/
https://www.sushi.com/