How can you Buy DRIP Coin on Binance?

The DRIP community’s native and official token is $DRIP. A BEP-20 on The Binance Smart blockchain (BSC) that captures value by being scarce, deflationary, censorship-resistant, and built on a reliable, fully decentralised blockchain. Thus to buy DRIP coin on Binance has never been simpler.

Let’s start with obtaining the currency required to buy DRIP coin on Binance, which is Binance Coin (BNB) and then proceed to swap BNB for DRIP.

  • ACQUIRE BNB

BNB may be purchased using a myriad of fiat and cryptocurrencies on several crypto exchanges. Binance, FTX, Binance.US, Bithumb, and Kucoin are some of the exchanges that trade the most BNB.

BNB can be acquired with fiat currency or other cryptocurrencies and stable coins, depending on the exchange you opt for. You can even buy them from the Binance.US exchange. 

Steps to acquire $BNB:

  • Create an account
  • Buy BNB
  • Trade BNB
  • And secure your account. 

On Binance, there are a few options for making a BNB order. You can buy it with a credit or debit card, or you can deposit fiat currency and buy it directly (through an ACH transfer). For BNB, you can place a market order or a limit order.

  • CONNECT TO A DRIP COMPATIBLE WALLET

You’ve got your BNB now. To buy a DRIP coin Binance you need to connect to a DRIP Network DApp, you’ll need a wallet. Metamask, Binance Chain Wallet or Wallet connect are some of the available options that you can download and connect to instantly!

  • CONFIGURE AND SWAP

You must first add the Binance Smart Chain network to your MetaMask in order to connect to the DRIP Network DApp and purchase DRIP.

BNB (BEP-2) tokens have to be swapped for BNB (BEP-20) tokens:

  • BEP-2 is a Binance Chain technical token standard for the issuance and implementation of tokens. 
  • BEP-20 is a Binance Smart Chain token standard that is used by DRIP.
  • As a result, you’ll need to convert the BNB you bought into BNB (BEP-20).

 

  • TRANSFER 

It’s time to transmit your BNB (BEP-2) to your MetaMask or any other wallet now that you’ve converted it to BNB (BEP-20).

The procedure is simple to follow. The “Send” option of the wallet containing your BNB (BEP-20) tokens is used.

You’ll need to submit enough BNB to cover the cost of one DRIP. [Note: 1 DRIP is the minimum required deposit amount to the DRIP Faucet at the time of writing]

In the future, the minimum deposit amount may be reduced. By going to the DRIP Swap page and connecting your MetaMask wallet, you can find out what the current DRIP pricing is.

  • BUY DRIP COIN BINANCE 

It’s finally time to go out and buy some DRIP!

  • Go to the DRIP Swap page for further information (a.k.a. the Fountain). 
  • Connect your MetaMask wallet to your computer. 
  • Indicate how much BNB you wish to spend. 
  • Choose the “BUY” option. 

Then, 

  • Go to the DRIP Faucet page for further information. 
  • Fill in Buddy’s address: 0xf51334201581Fa539A73F75b16De43d32E66be19
  • Select “UPDATE” after entering a Buddy address. 
  • Make your DRIP deposit by scrolling back to the “Deposit” box section.
  • Enter the DRIP amount and press the Deposit button.

Congratulations! You’ve made a successful DRIP deposit to the Faucet and have been able to buy DRIP Coin on Binance.

Every Drop Makes Up The DRIP Network Reservoir

Every Drop Makes Up The DRIP Network Reservoir 

You must have heard the proverb “Little drops of water make a mighty ocean”. This is so true and valid, since, the tiniest drop can make a whole lot of difference and that’s what the DRIP Network reservoir is trying to imply!

The DRIP Network Reservoir is a simple way for a pool to get liquidity. Where you can stake BNB in order to gain BNB on every DRIP transaction. Every deposit in the Reservoir helps to keep DRIP’s pricing floor stable.

On depositing some amount of BNB, the DRIP network reservoir roughly offers you an Annual Percentage Yield (APY) of around 60%, which is an excellent figure. 

What’s on the Reservoir page?

You can see the total number of coins or drops you own and the stake determines the number of BNBs that have been staked for the reservoir. Your compounds and withdrawals are all listed.

How does it work?

There’s a 10% tax every time you deposit and withdraw BNB (the community grows with the taxes). 

Out of the 10%: 

  • 5% goes into the reservoir rewards pool
  • 3% is locked in DRIP liquidity (Raises the floor price of drip)
  • 2% is redistributed to all the members of the reservoir 

Thus the main purpose of maintaining the DRIP network Reservoir is to uphold and support a stable price point for DRIP. The more liquid it is, the more drops you add to the reservoir, the more you replenish the reserve. 

For instance, if the reservoir is worth $100,000, a withdrawal of $50,000 would lead to a massive decline in price and shake the pricing floor. However, if the reservoir was worth $1 million, the withdrawal would barely make an impact and the price would be least affected. 

Once you’re in the reservoir

You can treat it similar to the Faucet and can either compound your returns or claim them, as and when you like!

  • Claiming allows you to transfer your rewards from the system to your wallet
  • Compounding will transfer all your rewards back to the total drops you own and multiply your stake in the pool. The more you compound the bigger your stake is.

Withdrawal from the reservoir

Unlike the Faucet, your deposits aren’t locked here! You can claim the reward and withdraw them if you feel like it! But, it’s best to keep it on the network to reap the benefits of compounding and keep that passive income flowing.

Passive income is the catch here and you definitely don’t want to miss out on that opportunity with your BNBs just lying around in your wallet! Be a part of this community and help your fellow DRIP-pers grow on the DRIP network reservoir.

The Only Drip Community Review You Need To Peruse Through!

Tired of hunting down for Drip Community reviews and can’t find a legitimate one? Here’s all you need to know about this community, to make an informed choice- if it’s worth your coin or not.

Financial freedom is at the heart of the Drip community and that is what the team aims at advocating! Their primary objective is for you to be independent of your financial commitments and live life on your own terms.

Based on the Binance Smart chain, the DRIP token offers you a daily return of 1% on your investment amount! Yes, you read that correctly, 1% daily when compounded annually yields a 3750% RETURN. That is only if you obviously hold on to it for that long of course.

Still, sounds like a scam? Read the Drip Community review further to understand how the system works exactly!


How DRIP works?
 

  • The first step would be to deposit! Kindly note that once you deposit, if you still wish to withdraw, you can only cash out 1% of your deposit value
  • The daily 1% return is in turn generated by the taxes on funds contributed by the members of the community.
  • The main idea behind holding on to the funds is to incentivise members and encourage them to hold on to the token to reap the long term benefits of compounding.

A list of taxes you need to take a note of before you commit:

  • Buying DRIP on a fountain: No Tax
  • Hydrate compound: 5% Tax
  • Claiming DRIP: 10% Tax
  • Airdrops: 10% Tax
  • Swapping and selling DRIP for BNB (Binance coin): 10% Tax

With all these taxes associated with your activity in the community, it guarantees sustainability on the platform and benefits everyone!

Apart from holding the token, you can also make some passive income by referring people to the community, directly and indirectly, to grow the community even further!

How to get started: 

  • Head on to and log in to the DRIP community fountain
  • Connect any wallet that you own, could be a Metamask, Binance smart chain wallet or wallet connect.
  • Here you can exchange your existing BNB for DRIP with 0 taxes associated.
  • Deposit AT LEAST 1 DRIP to be a participant in the system
  • Then further log into the DRIP community faucet and deposit the DRIP there.
  • Adding a buddy address is mandatory, you can add this address: 0xf51334201581Fa539A73F75b16De43d32E66be19
  • And maintain at least 0.1 BNB for performing transactions, since each action costs 0.0036 BNB

And voila with that every 24 hours you’ll receive a 1% return on your deposit daily. Click on “hydrate” to compound your return.

That’s all for the DRIP community review, just to get you started with this exceptional platform and get that compound interest rolling!

Is Drip Network Legit?

To find out if the Drip Network is Legit, we need to delve deeper into the various component that makes up the Drip Network System.

Drip coin referral system and buddy system

Drip has a referral system. To deposit your drip tokens into the faucet contract, you must have a buddy in which is just another wallet address for somebody who has already deposited drip tokens into the faucet.

In the referral system, you have an upline and a downline, so people that invited you to participate on the drip network are your upline, and the downline can go down to 15 levels. It’s not multi-level marketing because you do not have to recruit other people under you to participate in drip. Referral to drip is optional, as your drip token income depends entirely on the smart contract.

Benefits of having referrals

If you do have friends that you want to bring into the drip, you can do that. You can give them your drip address, they can sign up under you, and you will earn rewards based on their deposits. And if you have at least five direct referrals under your wallet, that wallet becomes a team wallet. And there are some extra rewards that the team wallet gets.

Drip Token Wallet

The point is you need to have a wallet. Most people, including myself, prefer the Metamask wallet. You can use other wallets. I’ve seen them having many difficulties using the trip network and using the different pages, and interacting with the smart contracts. So I would recommend using the Metamask wallet. Get some Bnb tokens from the cryptocurrency exchange and send those to your Metamask wallet.

Working and usage of Metamask

The Metamask wallet is a browser extension. So it works with Chrome. You can click a button, and you can connect your wallet to interact with the drip network.

Hydrate and Claim of the Drip token

When you stake drip tokens, you do pay a 10% tax whenever you deposit. When you claim after building up some available tokens in your staking contract in the fountain contract, you will pay a 10% tax on those as well. So if you built up to 10 drip tokens in your available balance and wanted to claim those, you’re only going to get 9 drip tokens. Hydrate, which is known as compounding, has a 5% tax. So when you hydrate, you’re just compounding your interest.

Adding Drip buddy

You cannot deposit drip tokens without a buddy, and there is a small BnB fee for adding your buddy. You need to approve that transaction and give the smart contract permission to spend your drip tokens. Usually, the user will need to have 2 confirmations for the add buddy transaction.

Claiming into your wallet

You have 100 available, and you’re going to pay a 10% tax, which means you will end up with 90 dripped tokens transferred to your wallet. That’s your wallet. It’s you and the blockchain. In this case, it’s you and the smart contract that is sitting on the blockchain. Okay. So you can claim those you pay 10% tax, you get 90 tokens, where do they go? They go into your wallet; that’s how you claim when they go into your wallet.

DRIP CoinMarketCap

Drip CoinMarketCap

CoinMarketCap Introduction

CoinMarketCap is one of the most popular cryptocurrency platform that provides adequate information related to the news, trading information, token information, market cap of the coins, supply of the coins, and other valuable information that is crucial for the traders in their trading. So, this article will focus on the drip coin in the CoinMarketCap.

Wallet to Store Drip Coin

A wallet is a place where the coins are kept and stored securely. There are many different coins and wallets in the market. Not every wallet is compatible with drip.

In Coinmarketcap recommendation; the recommended wallets to store drip are

  • Metamask
  • Binance chain wallet

Note: Send only or store coins in the right wallet. If the funds are sent to another address in the wrong wallet, it will result in the complete loss of the coins. Retrieving it will be near to impossible.

Market cap of the Drip Token in Coinmarketcap

Market cap is the most important thing to assess the future market of any token in the market. People take a lot of information just from the market cap of the tokens. The people looking to invest in the drip token also want to know about the token’s market cap. You can check out the market cap of the drip token on the coin market cap.

Drip network market in coin market cap

The market networks of the drip coin are pancakeswap version 2. The pairs available for trading are

  • DRIP/WBNB
  • DRIP/BUSD

Estimate review of the Drip token on Coinmarketcap

The estimated review of the drip token is to ensure the validity and the events of the drip coin. A visitor looks at the drip network token profile and submits their estimate of what they think about the coin.  The number of the votes can be seen on the main screen of the coin market cap and the date mentioned on it.

Drip Coin buying and selling

You can buy drip and sell drip just like you can with any cryptocurrency. On the drip fountain page, that’s the drip network platform when you swap drip for BnB. When you sell drip, you are taxed 10%. So if you had 100 drip tokens to sell, you’re only going to get credit for 90 of those. Also, you can deposit the drip tokens in the faucet contract on the Drip homepage, where you will be taxed 10% as well.

 

DRIP Coin Community Faucet

Drip Coin Community Faucet

Introduction about the community faucet
Drip coin has got tremendous success in the short period in the crypto market. This success is the aftermath of the friendly environment, transparency, and ease the platform has provided to users. This article will demonstrate the features of the community faucet of the drip coin. Let’s discuss it one by one.

Features of the community faucet
The drip coin community faucet has provided multiple features and trading avenues to the users of the crypto world. The site can be accessed by clicking on the link https://drip.community/faucet

• Deposit
The drip coin token can be deposited into the account by going into the faucet link. Then a dialogue box will appear, where the user will enter the number of drips they want to deposit into the account.

DRIP Deposit

Here, it is mentioned about the drip balance if someone has already into the account. The transparency factor of the drip coin can be gauged from the fact that they have mentioned the fee visible to users, unlike other trading platforms that charge hidden charges from the clients.
Note: The minimum amount to deposit is one drip coin required for deposit.

• Get a buddy
Getting a buddy is a fantastic thing the drip coin has offered to its users. It helps in getting more information and referral quickly through this system. The information about the buddy and current buddy can be accessed from the community faucet website.

The list shows the following information on the main page when the link is opened.
• Name of the current buddy
• Manager of the account
• Beneficiary account or name
• Last check-in of the account
• In-activity threshold of the account
• Buddy address

Player Lookup

• Drippers
The Drippers is also a fantastic feature that the community has offered to the users of the drip coin platform. People can look up the player lookup by entering the address of the player.

Player info includes
• Directs referral of the players
• Total members of the player team
• Net deposits in drip coin
• Airdrop sent or received in Drip tokens
• Airdrop last sent

Player Lookup

Note: To gain all this information mentioned above regarding the player. One must connect the wallet to view the report.

• Team viewer
The platform team can be seen by entering the wallet’s address, and it will show you all the people in the group in a list form.

• Team airdrop
This feature is to do a team airdrop after entering the player’s address, minimum direct, team depth and minimum net deposits, and the budget of the total airdrop. Press run to get all the information of the airdrop before hitting the send button.

• Direct drip airdrop
This direct airdrop of the platform can be used by entering the address and amount of the drip tokens before sending the airdrop.

The Inner Working of the DRIP System

Drip coin referral and buddy system
Drip also has a referral system; I won’t be getting too much into the referral system. But to deposit your drip tokens into the faucet contract, you must have a buddy; it is just another wallet address for somebody who has already deposited drip tokens into the faucet. In the referral system, you have an upline and downline, so people that invited you to participate on the drip network are your upline, and your downline can go down to 15 levels. It’s not multi-level marketing because you do not need any referrals. You do not have to recruit other people. Your drip token income depends completely on the smart contract.

Benefits of having referrals
If you do have friends that you want to bring into the drip, you can do that. You can give them your address, they can sign up under you, and you will earn rewards based on their deposits. And if you have at least five direct referrals under your wallet, that wallet becomes a team wallet. And there are some extra rewards that the team wallet gets.

Which wallet is best for the exchange of Drip tokens?
The point is you need to have a wallet. Most people, including myself, prefer the Metamask wallet. You can use other wallets. I’ve seen them having many difficulties using the drip network, using different pages, and interacting with smart contracts. So I would recommend using the Metamask wallet, get some Bnb tokens on the binance smart chain, and send to your Metamask wallet.

Working and usage of Metamask
The Metamask wallet is a browser extension. So it works with Chrome. You can click a button and connect your wallet to whatever web page you are looking at. And that’s how you interact with the drip network.

Staking and hydrating of the drip token
Sometimes people have a hard time understanding how this entire drip system works. So first of all, just some key points to remember, when you stake drip tokens, you pay a 10% tax whenever you deposit. When you claim out your available tokens in your staking contract, you will pay a 10% tax on those as well. So if you built up to ten drip tokens in your available balance, and you wanted to claim those, you’re only going to get nine. Now, compounding is called hydrate, which only has a 5% tax.

Benefits of hydrating the drip coin
So it’s your choice; you can claim your available drip; you’ll pay a 10% tax, or you can hydrate it; you’ll only pay a 5% tax in the drip network that means compound. So when you hydrate, you’re just compounding your interest.

The best thing in the Drip token community
You have 100 available, and you’re gonna pay a 10% tax, which means you’re going to end up with 90 dripped tokens. That’s the nice thing about this. That’s the name of the game with crypto. It’s you and the blockchain. In this case, it’s you and the smart contract that is sitting on the blockchain.

Can DRIP COIN Survive for Long Term?

Can DRIP COIN last? That’s the big question. DRIP Coin’s survival depends on how it works – is the process easy or hard -, the benefits it can offer us, and whether it stays sustainable with the supply and demand cycle.


Will DRIP COIN Survive Long Term?

The people are looking to trade and invest in any crypto project pay significant heed to the future and survival of the Project and its return on investments so that people have a clear idea about how much money they should invest in it and how much return they will be getting in their accounts.


Transparent return on investment Policy

Unlike other projects and platforms that display something, drip coin has made transparent policy regarding the users’ return on their investments. In reality, there is a stark contrast in their claims. DRIP Coin sustainability means you’re only allowed to withdraw 1% of the original deposits every day. You don’t obtain all the money at once. Instead, you receive it every day at a 1% withdrawal.


Community guidelines 24 hours

Drip coin website offers community help and information about its services to understand the project better, and people can invest and actively participate in it.

Moreover, you also pay tax to use its services – 10% on deposits, selling, or withdrawing and only 5% on re-compounding the deposits. Re-compounding means hydrating or putting in more DRIP Coin regularly.  Because of how the DRIP Coin system is made – invite-only and only 1% instalment every day- it can survive all terms because it balances the supply and demand cycle. It’s not too expensive with the minimum requirement of 1 DRIP Coin deposit, and you can hydrate – deposit DRIP COIN tokens – daily or at a pace that suits you. With policies and the different airdrop or downline rewards offers, DRIP Coin is here for the long run.


People trust in the Project.

Any company or Project cannot succeed unless they gain the trust of their customers and users. Drip coin has done the right thing by keeping people informed about every update, and it has helped to gain the trust of the users that is the key behind the success of the Drip coin.

 

Swap conditions and process of the Drip coin

All the users looking for it can get their coins easily by SWAP page. On the main page, there will be three categories that will show you in different pairs. For instance, BNB/DRIP, BNB balance, and Drip balance.

Drip Balance


Percentage Tax on each transaction

Drip coin has earned the trust of the investors and users by categorically telling everything about the taxes that they charge in return for their services; unlike, other platforms there are no hidden charges on Drip coin. Thus it has played a very vital role in the success of the drip token.

The community website clearly mentions the slippage tolerance, which is 3 %, and the tax applied on sells is 10%.


Chart of the Drip coin

The survival and sustainability of any project lie in the transparency of the Project. The price chart can also be accessed on the community website to understand better the current and past prices of the drip token.

drip coin prices

Currently, the price of each token is $21.44.

DRIP Coin is an emerging cryptocurrency, and it holds a lot of potentials. DRIP Coin is essentially crypto similar to CD, and it gives you the chance to receive significant returns of about 365% in one year. You deposit the DRIP Coin tokens you purchased on FACUET. Then this deposit will come back to you later at a 1% instalment every day according to how much you first deposited.

DRIP Coin Token, a Scam or a Legitimate Token?

Is DRIP coin a scam, or is it legitimate? However, because DRIP promises to offer 365% of the deposit, people have called it a scam before because these high returns are practically unheard of in the financial world but not in the cryptocurrency world.

Is it even worth the risk? DRIP has been around for a while, and it has seen ups and downs over time, but no one has reported DRIP to take their money and not return anything. Instead, the people who are a part of DRIP are making a passive income with the transparent mechanism implemented by the drip token community.

DRIP is an emerging cryptocurrency, and it holds a lot of potentials. To use DRIP, you deposit the DRIP tokens you would have purchased on FAUCET. In DRIP, after the initial 1 DRIP investment, you have the option of a daily return of 1%, which you can withdraw or hydrate – compound. You can earn income if you invest for the long term with DRIP.


A Solid Payment Mechanism

What makes DRIP so worth it is its Return on Investment system that makes it self-sustaining. You can even receive rewards from inviting friends to and earn through a few other downlines.

While DRIP pays a high 1% for withdrawal or compounding, it has a way to fund that 1% through 10% taxation that DRIP charges on deposits, withdrawals, buying from non-fountain, airdrops, send anywhere, send wallet to wallet, and sell. You’re charged 5% when you compound, buying DRIP from Fountain has no fee. This 10% tax allows DRIP to pay 1% per day and give out rewards too.

Whale Tax

The drip community has imposed the whale tax to sustain a delicate balance regarding price and trickle down the taxes to the small investors and traders. A whale tax on withdrawals to help curve whales ability to outpace other players in the game, forcing them to kick back some of their rewards to the community and maintain the sustainability of the project!

The details of the whale tax are as follows.

% Total      Tax %
Supply

< 0.99% – 0% tax

>= 1% – 5 % tax

>= 2% – 10% tax

>= 3% – 15% tax

>= 4% – 20% tax

>= 5% – 25% tax

>= 6% – 30% tax

>= 7% – 35% tax

>= 8% – 40% tax

>= 9% – 45% tax

>= 10% – 50% tax

All this whale tax goes into the community and is utilized to better the platform and its users.


The Buddy Referral System

The buddy system – you first join the DRIP Network with a buddy invite, you get rewards when you refer your friends to join, and when the friends you invited to join up, you get more reward DRIPs. DRIP markets with this referral system and invited more people into their network through it. This invite system means that DRIP self-markets itself and is fully decentralized. DRIP’s marketing is organic, and the 1% each day offer is the ultimate marketing tool. It stops you in your tracks and makes you want to check out the website of drip coin.


Conclusion

DRIP token has seen ups and downs in the crypto world, but it has a self-sustainable system in place. DRIP’s payment/rewards mechanism via its 10% taxation is rock solid and robust. DRIP offers a concrete payment mechanism and buddy referral system makes it low risk, self-sufficient, and self-marketing.

RoadMap, ROI and Withdrawal of DRIP token

Anyone looking to invest or trade in a particular token indeed looks into the roadmap necessary to predict the efficacy, future goals, and commitment of the team. The road map of the Drip token is one of the most promising road maps that I have ever looked at and read about it.

Road map of the Drip token

Drop token is a very ambitious project that is fully functional and sustainable. In the previous months and the coming days, there are many updates for the drip token. Multiple updates will spark great interest in the drip token due to its unique offers and services to the people.

Role of investors

The drip token has a lot to give to its investors all over the globe. Drip token offers a handsome return on investment of 1% a day, 365% a year. This feature of the drip token has made the token super famous among the masses, and the big investors have started taking an interest in the market of drip tokens.

Is Drip Token a Ponzi?

So the point here is to understand the term Ponzi before going into further details. A Ponzi isn’t a system where a wealth transfer from a new investor to an old investor happens. Basically, that’s every market that’s ever existed. It is a scheme where someone fraudulently tells investors they’re getting paid profits from selling a product or service. And sometimes there is no product or service at all. That is why a Ponzi is a fraud. That means they’re just cycling the investors’ principle around to create the illusion of profits. So the keyword there is fraud.

Drip does not fit the actual definition of the word Ponzi. , Drip is an on-chain, open-source project. Everyone can see what’s happening to drip on the blockchain, which makes very clear where the profits are coming from. They’re coming from the taxes on every transaction on a drip.

Here’s a list of transactions that charge the 10% tax:

. Sell anywhere 10%

. Buy non-Fountain 10%

. Deposit/Stake 10%

. Send wallet to wallet 10%

. Airdrops 10%

. Move from/to Ledger 10%

. Send anywhere 10%

. Claim/withdraw 10%

Here are the exceptions:

. Buy from Fountain O%

. Hvdrate/Compound 5%

So all these taxes, these transactions are what are paying. You’re getting paid from transactions, not from just cycling investors and cycling money around.

Return on investments and Withdrawal of Drip token

There have always been credibility issues in crypto, and trust is earned, not just advertised.

Can I withdraw my drip from the faucet?

The short answer is that when you put your drip back into the faucet contract, what you can do is you can claim 1% of your deposited drip amount every day for the next 365 days. So, in essence, you’re going to be getting three-plus times more drip tokens than you put in. The profitability and the earning of this are all dependent on the price of drip in the 1% that you do get out based on your deposits.

So if you think about that, if someone airdrops you, that means that your daily claimable amount of drip is actually going up because your deposits are rising. If you manage to become a referral to someone else, and you refer somebody else, 10% of their deposited drips go into your deposits, which means you are then speeding up the daily claim in your deposit balance. You can only claim 1% of that daily for 365 days.