How to buy HALAL (HALAL)

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This guide will explain how to acquire HALAL tokens using the Gate Web3 Wallet.

The Gate Web3 Wallet allows you to connect to decentralized exchange platforms (DEX) and securely swap thousands of tokens. Since the HALAL token is not available on Gate's centralized exchange platform (CEX), you will need to use the Web3 Wallet and a decentralized exchange platform to purchase it.

Creating a free account on Gate

To get started, set up an account on Gate

  • Download and register through the Gate app.
  • Alternatively, register on the website using your email and mobile phone number.
  • Verify your identity (KYC) to unlock all functionalities.

Setting Up Your Gate Wallet

The Web3 Wallet is integrated into the Gate app. Here's how to set it up:

  • Open the Gate app and go to Wallet > Web3 Wallet.
  • Click on Create a wallet. For more detailed instructions, please refer to our guide.
  • Write down your recovery phrase and store it in a safe place. (It is the only way to restore your wallet if you lose access).
  • If you already have a wallet, you can also import it.

Your wallet is ready, but it needs funds before buying HALAL tokens (HALAL).

Acquisition of stablecoins as base currency

To improve compatibility with cryptocurrencies, consider starting by acquiring stablecoins. Stablecoins like USDT and USDC are cryptocurrencies designed to maintain a stable value and are compatible with most cryptocurrency exchanges.

  • In your Gate Web3 Wallet, click on Receive.
  • You can choose to transfer your stablecoins from the Gate exchange platform, the wallet address, or a credit or debit card.
  • Once the transfer is complete, you will see your USDT in your wallet under Assets.

Exchange of USDT for HALAL

  • Open the Gate Web3 Wallet in the app.
  • Go to the Trader tab.
  • In From, select your USDT.
  • In A, select HALAL.
  • Enter the amount you wish to buy, then press Approve and Exchange.

The exchange will be made and your HALAL will appear in your wallet.

Storage or use of your HALAL in the Gate Wallet

Now that you have acquired your cryptocurrencies, you can simply keep them in your Gate Wallet. You can also exchange them for other cryptocurrencies or stake them in Simple Yield on Earn (Gate Wallet) to earn passive income.

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This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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