Trade in Osmosis | LikeCoin (2024)

Reminder: We suggest trying with a small amount before making any large transactions.

On October 20, 2021, Likers can access LIKE in a permissionless and frictionless way with LikeCoin's first DEX listing of LIKE on Osmosis. For instance, swap LIKE for different listed tokens on Osmosis (or vice versa), including the USD stablecoin USDC. Registration is not required, and there is no minimum deposit or withdrawal limit. Users can operate with their wallet all the way down and experience decentralized trading.

Transak is a registered crypto asset firm with the UK Financial Conduct Authority under the Money Laundering, Terrorist Financing and Transfer of Funds regulations in respect of its activities in crypto assets. Transak enables users to buy or sell crypto with a credit card.

Users can first purchase OSMO with a credit card on Osmosis and then swap it for LIKE.

Buy LikeCoin using the Purchase LIKE via Osmosis page

For the convenience of users, we have set up a special page for purchasing LikeCoin via Osmosis. Please note that only desktop computer is supported for the time being.

Step 1: Connect Wallet

After logging in the Keplr browser extension, go to Purchase LIKE via Osmosis and click "Keplr" and "Approve" to connect to the wallet.

After successfully linking the wallet, you will see the wallet addresses of both LikeCoin and Osmosis for verification.

Step 2: Buy OSMO

Enter the amount of OSMO that you want to buy and click "Buy Now".

Information such as your wallet address, the amount of OSMO to buy, and the handling fee appear. After confirmation click "Buy OSMO".

Enter your email address and click "Continue".

After receiving the Verification Code by email, enter it and click "Continue".

Then conduct Identity Verification ( KYC )

KYC STEP 1/3

Enter your First Name, Last Name, Mobile Number, Date of birth and click "Continue".

KYC STEP 2/3

Enter your Address Line, Address Line 2, State/Region, City, Postal/Zip Code, Country and click "Continue".

KYC STEP 3/3

Provide your ID for identity verification, you can directly Take photo use webcam or Continue on mobile.

If you use your mobile phone, you can choose to enter your email and send a link to your mobile or Scan QR code instead.

Take Send a link to your mobile as an example. After receiving the email, click "here" on the mobile phone to continue.

Click "Start" on the mobile, take a photo of the Front of identity card, upload it and click "Confirm".

Click "Start" on mobile to take a picture of the Back of identity card, upload it and click "Confirm".

Click "Start" to perform Face verification. Upon completion, Check your desktop will appear and you can return to the desktop computer.

The yellow exclamation appears and the data has been uploaded. Wait for 5-10 minutes for identity verification to complete.

Your profile has been verified. appears. Click "Order Now" to continue.

Enter the Billing Address, note that this address must be the same as the credit card address, then click "Continue".

Enter your credit card information and click "Add Card".

Your credit card information, wallet address, and the amount of OSMO are listed for final confirmation. Click "Confirm".

Transaction complete. You will receive an email and have the OSMO in your Keplr wallet.

Step 3: Swap OSMO for LIKE

Click on the picture or 'Swap in Osmosis' to go directly to the Swap page, where the OSMO to LIKE conversion setting will appear

Enter the amount to swap, you can check out the Rate, Swap Fee and Estimate output. Confirm the details and click "Swap" to perform the trade.

On Keplr pop-up screen, click "Approve" to continue.

Step 4: Withdraw LIKE from Osmosis to LikeCoin chain

Click on the picture or "Withdraw in Osmosis" to go directly to the Assets page of Osmosis.

Go to Assets and your LIKE increased. click "Withdraw >" then Withdraw LIKE appears. Enter the amount of LIKE that needs to be withdrawn in Select Amount, and then click "Withdraw LIKE" to withdraw LIKE back to the LikeCoin chain.

Buy LikeCoin in Osmosis

You can use Transak to buy OSMO in Osmosis and swap it for LIKE.

Step 1: Connect Osmosis

Go to the Osmosis website https://app.osmosis.zone/ on desktop, click "Connect Wallet" on the top right hand corner.

On Connect Wallet, select Keplr, Leap, Cosmostation or Keplr Mobile.

On the top right hand corner your wallet name and OSMO balance appear. You can also click them to disconnect at any time.

Step 2: Connect to Transak

Click "Buy tokens" on the lower left corner to start buying tokens in Transak.

Enter the amount of OSMO that you want to buy and click "Buy Now".

Information such as your wallet address, the amount of OSMO to buy, and the handling fee appear. After confirmation click "Buy OSMO".

Enter your email address and click "Continue".

After receiving the Verification Code by email, enter it and click "Continue".

Step 3: Conduct Identity Verification ( KYC )

KYC STEP 1/3

Enter your First Name, Last Name, Mobile Number, Date of birth and click "Continue".

KYC STEP 2/3

Enter your Address Line, Address Line 2, State/Region, City, Postal/Zip Code, Country and click "Continue".

KYC STEP 3/3

Provide your ID for identity verification, you can directly Take photo use webcam or Continue on mobile.

If you use your mobile phone, you can choose to enter your email and send a link to your mobile or Scan QR code instead.

Take Send a link to your mobile as an example. After receiving the email, click "here" on the mobile phone to continue.

Click "Start" on the mobile, take a photo of the Front of identity card, upload it and click "Confirm".

Click "Start" on mobile to take a picture of the Back of identity card, upload it and click "Confirm".

Click "Start" to perform Face verification. Upon completion, Check your desktop will appear and you can return to the desktop computer.

The yellow exclamation appears and the data has been uploaded. Wait for 5-10 minutes for identity verification to complete.

Your profile has been verified. appears. Click "Order Now" to continue.

Step 4: Buy OSMO

Enter the Billing Address, note that this address must be the same as the credit card address, then click "Continue".

Enter your credit card information and click "Add Card".

Your credit card information, wallet address, and the amount of OSMO are listed for final confirmation. Click "Confirm".

Transaction complete. You will receive an email and have the OSMO in your Keplr, Leap, Cosmostation or Keplr Mobile.

Step 5: Swap OSMO for LIKE

Go to the Osmosis frontpage and swap OSMO to LIKE. Enter the amount to swap, you can check out the Rate, Swap Fee and Estimate output. Confirm the details and click "Swap" to perform the trade.

On Keplr pop-up screen, click "Approve" to continue. When using Leap, Cosmostation, and Keplr Mobile, the respective confirmation screen will also pop up.

Go to Assets and your LIKE increased. click "Withdraw >" then Withdraw LIKE appears. Enter the amount of LIKE that needs to be withdrawn in Select Amount, and then click "Withdraw LIKE" to withdraw LIKE back to the LikeCoin chain.

Sell LikeCoin

Step 1: Deposit LIKE into Osmosis

Go to the left-hand menu and click on Assets. Find LikeCoin - LIKE and click "Deposit >" to deposit LIKE into Osmosis.

On the Deposit LIKE page, enter the amount of LIKE you want to deposit in "Select Amount" and click "Deposit LIKE". Please note that you have to reserve some LikeCoin in Keplr for transaction fees, otherwise the LikeCoin cannot be deposited.

On IBC Transfer click "Approve" on Keplr. When using Leap, Cosmostation, and Keplr Mobile, the respective confirmation screen will also pop up.

After several pop-up screens appear, the IBC Transfer is complete and LIKE is deposited to Osmosis.

Step 2: Swap LIKE for other cryptocurrencies

Go to the Osmosis frontpage and select LIKE to swap for any other cryptocurrency that Osmosis supports. Enter the amount you want to swap, and check the Rate, Swap Fee, and Expected output. Confirm the details and click "Swap" to perform the trade. Then approve the transaction on the Keplr, Leap, Cosmostation or Keplr Mobile pop-up screen.

Check your Assets to see the funds you traded. Click "Withdraw >" to withdraw your token, just like how you would Swap OSMO for LIKE.

Users can also use Osmosis App in Keplr Mobile to swap and deposit/withdraw.

Trade in Osmosis | LikeCoin (2024)

FAQs

How to trade in Osmosis? ›

To trade on Osmosis Crypto, users can select the trading pair they wish to trade, enter the amount they want to trade, and confirm the transaction. Users can also provide liquidity to pools by depositing their assets into a pool and receiving LP tokens in return. These LP tokens can then be staked to earn rewards.

Do I need osmo to use Osmosis? ›

OSMO is the native token of the Osmosis network. Primarily, OSMO is used for staking to secure the Osmosis chain. As a PoS token, OSMO is inflationary. Over time, new tokens will be minted and entered into circulation.

How to get Osmosis token? ›

You can buy Osmosis on Coinbase with an approved payment method, including a bank account, a debit card, or you can initiate a wire transfer.

What is Osmosis exchange? ›

Osmosis bills itself as “the premier DEX and cross-chain DeFi hub within the Cosmos ecosystem”, enabling crypto investors to trade coins and access liquidity pools for a broad range of tokens from multiple blockchains built using Cosmos. The DEX uses an automated market-maker (AMM) model.

What is no route for this trade osmosis? ›

No route for this trade​

If you want to perform a swap but the swap button is disabled and says "No route for this trade", there is no route available on the contract to perform this swap directly. You can try to break the operation in two sub-operations, or sub-swaps, maybe passing through the OSMO token.

How do you speed up osmosis? ›

Temperature - The higher the temperature, the faster the water molecules move across the semi permeable membrane. Surface Area - The larger the surface area, the more space for the molecules to move easily across; the smaller the area, the more restricted the movements of the molecules and the slower the movement.

How much is the Osmosis token in dollars? ›

OSMO to USD
AmountToday at 11:14 pm
1 OSMO$0.42
5 OSMO$2.12
10 OSMO$4.23
50 OSMO$21.17
4 more rows

How many Osmosis coins are there? ›

It has a circulating supply of 683,008,480 OSMO coins and a max. supply of 1,000,000,000 OSMO coins.

How do I claim Osmosis airdrop? ›

Enrolling the Osmosis Airdrop: A Detailed Instructional Guide
  1. 🌍 Visit the ENTER $OSMO AIRDROP HUBPAGE. To participate in the airdrop, it is prohibited to utilize VPN services.
  2. 💰 Connect your active cryptocurrency wallet. Note: Empty or new wallets are not qualified.
  3. 🚀 Claim your $OSMO tokens.
Sep 9, 2024

What blockchain is osmosis built on? ›

Osmosis is a decentralized exchange (DEX) appchain in the Cosmos ecosystem. As an appchain, Osmosis functions as both a Layer-1 blockchain and an application. Osmosis' blockchain was built by forking the Cosmos SDK and is secured by Tendermint, a Byzantine Fault-Tolerant (BFT) Proof-of-Stake (PoS) consensus mechanism.

What is the short answer of osmosis? ›

Here's the definition of osmosis that you will see in most textbooks: In biology, osmosis is the movement of water molecules from a solution with a high concentration of water molecules to a solution with a lower concentration of water molecules, through a cell's partially permeable membrane.

Why is it called osmosis? ›

The word "osmosis" descends from the words "endosmose" and "exosmose", which were coined by French physician René Joachim Henri Dutrochet (1776–1847) from the Greek words ἔνδον (éndon "within"), ἔξω (éxō "outer, external"), and ὠσμός (ōsmós "push, impulsion").

How do you trade ether? ›

Trade on Ethereum Price Changes in 3 Steps:
  1. Open a trading account.
  2. Deposit funds.
  3. Choose Ethereum on the trading platform and BUY or SELL.

How does osmosis transfer? ›

Osmosis is a form of passive transport when water molecules move from low solute concentration(high water concentration) to high solute or low water concentration across a membrane that is not permeable to the solute.

How to swap osmo to atom? ›

How to swap OSMO to ATOM
  1. Choose the crypto exchange pair. Choose Osmosis in the “You send” section. ...
  2. Enter the recipient's address. Now you need to enter the recipient's Cosmos address. ...
  3. Send the deposit. In order to proceed the efficient and reliable swap, the deposit is required. ...
  4. Receive cryptocurrencies.

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