All Posts By

loreta

$MYST now on PancakeSwap, the leading DEX for Binance Smart Chain

$MYST token is now listed on PancakeSwap. PancakeSwap is one of the leading Binance Smart Chain decentralized exchanges with up to $1 Bn daily trading volume. Enjoy low trading fees and various ways to earn passive income, such as yield farming or Syrup pools.

To start trading $MYST on PancakeSwap you will need to transfer your funds first from the Ethereum blockchain to Binance Smart Chain. We have prepared a step-by-step guide on how to do this transfer via the AnySwap bridge for you.

At current prices, transferring funds via the AnySwap cross-chain bridge will cost you approximately $15-$20. To support our growing community we are covering the costs of transferring funds from Ethereum to BSC, as we have done before with our QuickSwap campaign.

Campaign timeline

 

The campaign will start on the 22nd of September and will finish on the 28th of September. Participants will be paid their rewards between the 6th of and the 13th of October after the campaign ends.

How can I participate?

 

You need to transfer $MYST from Ethereum to Binance Smart Chain and perform at least one transaction on PancakeSwap between the 22nd and 28th of September.

Save the links to the transaction that occurred on the Ethereum blockchain during the transfer process, and the link to your transaction on PancakeSwap, so we can confirm your participation. You can either perform one trade or add liquidity to the pool to be eligible for compensation.

Note that some tokens on PancakeSwap are displayed as “Unknown” due to the streaming services’ issues. We will update our community once this has been correctly displayed.

You can find MYST/USDC pair using this link: https://pancakeswap.finance/info/pool/0x23def92Cc33d8Aac93A1Bd2a0EB32624350949e3

Or by using the MYST BSC address: 0x2ff0b946a6782190c4fe5d4971cfe79f0b6e4df2

Please note that you will need to submit all links via this form between the 29th of September and the 5th of October. 

 

Participation requirements

  1. You performed at least one MYST/USDC trade on PancakeSwap between the 22nd and 28th of September AND/OR you have added funds to the MYST/USDC liquidity pool during the same period.
  2. You have filled in this form between the 29th of September and the 5th of October, with the links to your transfer and transaction confirmed on the blockchain, as well as your BSC wallet address.

Your compensation

 

You will receive compensation in USDC (BEP20) for the costs of the transfer, up to a maximum of $30.

For example, Alice transferred funds from Ethereum to Binance Smart Chain and paid 0.00419 ETH for the transfer, which was $14.14 at the moment of the transaction.

Therefore, we will deposit $14.14 in USDC (BEP20) into her BSC address. If the total value of the transfer exceeds $30, we will compensate Alice $30 in USDC (BEP20). 

How should I fill the form?

 

When you transfer funds from the Ethereum blockchain to Binance Smart Chain, usually two transactions must occur; one on the Ethereum blockchain and another on Binance Smart Chain. You need to submit proof of the Ethereum transaction. You can use a blockchain explorer like Etherscan.io  which shows the transaction confirmation on the Ethereum blockchain. See the example in the screenshot below:

After that, you will need to submit a link showing your confirmed trade or added liquidity on PancakeSwap. Since PancakeSwap is a decentralized exchange, all transactions are displayed on the public blockchain. Please use the BSC blockchain explorer links to prove your confirmed trade: https://bscscan.com/

In the last step, you need to submit your wallet address used for BSC trading, where you will be able to receive your compensation in USDC (BEP20). 

 

Want to get involved in Mysterium Network today?

 

Mysterium Network is a peer-to-peer VPN, powered by a global network of residential IPs. 

Download the VPN for Android, Mac, and Windows, or join our node network and begin earning crypto. 

If you have any questions, jump into our تيليغرامتويتر, or النقاش, and our team can help you out.

$MYST now live on Binance Smart Chain via AnySwap

MYST Binance smart chain

Mysterium Network has partnered with AnySwap, so token holders can transfer MYST between the Ethereum and Binance Smart Chain networks.

This cross-chain bridge is the first step in our plans to list MYST on the largest BSC-based DEX, PancakeSwap.

What is AnySwap?

 

AnySwap is a fully decentralized cross-chain swap protocol based on Fusion DCRM technology. Its main features are an automated pricing and liquidity system. The protocol enables swaps between any coins on the blockchain that uses ECDSA or EdDSA as a signature algorithm.

Since the platform’s launch in July 2020, AnySwap has deployed cross-chain bridges for more than 500 projects. The bridge is non-custodial, which means that AnySwap cannot control your assets as the whole operation process is made via smart contracts.

What makes AnySwap unique?

 

Decentralized Cross-Chain Bridge — Users can deposit any coins using the protocol and mint wrapped tokens in a decentralized way.

Cross Chain Swaps — Users can immediately swap from one coin to another.

Programmed Pricing and Liquidity — Liquidity providers can add and withdraw liquidity into swap pairs.

You can find the project audit here.

 

The MYST token on Ethereum and BSC networks has been deployed to the bridge:

MYST ERC20: 

0x4Cf89ca06ad997bC732Dc876ed2A7F26a9E7f361

MYST BEP20:

0x2ff0b946a6782190c4fe5d4971cfe79f0b6e4df2

How to transfer MYST on AnySwap

 

Transferring MYST tokens will require some initial set up. Below, you can find a guide on adding Binance Smart Chain to your Metamask wallet and transferring MYST.

Step 1 – Add a custom RPC for BSC to your wallet

If you can’t see Binance Smart Chain Mainnet listed among your available networks in your wallet, you need to set this up before transferring funds to BSC. 

You can do this by adding Binance Smart Chain Mainnet RPC as a custom network in your wallet.

In your MetaMask wallet, press the network selection button on the top of the app. 

Go to “Custom RPC”:

After pressing “Custom RPC,” you will see a screen allowing you to set up a custom RPC.

Enter the following Binance Smart Chain Mainnet details shown in the screenshot below:

Network Name: Binance Smart Chain

New RPC URL: https://bsc-dataseed.binance.org/

Chain ID: 56

Symbol: BNB

Block Explorer URL: https://bscscan.com

 

Once entered, press the “Save” button. That’s it! You are now connected to the Binance Smart Chain Mainnet.

Step 2 – Move tokens from Ethereum to BSC Network

 

To move your funds from the Ethereum blockchain to the BSC, you can use the AnySwap bridge:
https://anyswap.exchange/bridge

You can then connect your wallet of choice:

Currently, AnySwap supports MetaMask and Ledger wallet. We are providing steps on how to connect to your MetaMask wallet. Selecting MetaMask requires you to enter your password and sign the signature request. Make sure that you have chosen Binance Smart Chain Network in your wallet.

There is no deposit fee. However, when you redeem your tokens, fees will be charged as follows:

  • The withdrawal fee is 0.1%
  • The minimum withdrawal fee is equal to tokens worth $5, while the maximum – worth $1000

You can read more about AnySwap fees here.

The estimated arrival time of the deposit is 10-30 min, while an amount larger than 2 500 000 MYST could take up to 12 hours.

Enter the amount of MYST you would like to transfer.

 

Then you should press “Agree” to use the project in beta.

 

 

Once you have agreed to use the AnySwap bridge, you will be able to make a cross-chain deposit.

 

 

You will need to press the confirm button.

 

 

Then sign the transaction in your Metamask wallet.

 

 

You should then be able to see the transaction status of your cross-chain transfer by pressing the MYST logo in the upper right corner of the screen.

 

 

Now you just need to wait for MYST to arrive on the BSC chain directly in your Metamask wallet.

 

 

It can take two transactions to transfer your funds to BSC successfully. This should cost you approximately $15 (at the time of writing) on the Ethereum chain. 

Make sure that you have enough ETH in your wallet to cover this fee. 

 

 

To see MYST token in your wallet, you will need to “add token” in your Metamask wallet.

 

 

After that, you should insert  MYST BEP20 token address and press next.

 

 

Press “Next” and “Add Tokens,” and MYST will appear in your wallet.

 

 

Keep in mind that you will need to fund your wallet with BNB to use your MYST in the BSC network. If you need to one day, you can also use this guide to transfer your funds back onto the Ethereum blockchain.

 

If you have any questions, jump into our تيليغرام, تويتر, or النقاش, and our team can help you out.

 

The Crypto Game-Changer – Mysterium & 1xBit Link-Up

Even though more than half the world’s population is now online, geoblocking is still on the rise

This widely accepted practice allows businesses or governments to restrict access to certain websites, based purely on your location. 

While this is generally for the sake of copyright and basic economics, the web itself was not designed to be split apart this way. It was designed to be a borderless global village, where every citizen has equal access to information, services and platforms.

Decentralization of the web is a powerful solution to help restore our digital rights.

That’s why we’re linking up with 1xBit to support their global user base, providing a private and unrestricted gaming experience.

1xBit is an online gaming platform that accepts cryptocurrency payments. The platform offers over three thousand games, and even hosts live matches and eSports. 

Established in 2016, 1хBit is now one of the biggest gaming platforms powered by crypto. It was one of the first pioneers in this virtual market, attracting a community who wanted the anonymous, convenient and accessible experience that crypto brings.

Gaming innovation and the growth of crypto

 

While many industries have suffered the impact of COVID-19, unsurprisingly the online gaming industry is still one of the fastest developing worldwide. Gaming has often been referred to as a leading use case that drives adoption and innovation of blockchain technology. Gambling is “probably the most mature segment in blockchain-based gaming”, shifting users away from pure speculation to actual transactions, and becoming “serious competition to traditional markets.”

During 2020, the gambling industry grew by 13% as people had more “time to participate in several free and paid leisure activities” during lockdown. It is projected that the market will grow with 12% CAGR to achieve 92.9 Bn USD in 2023.

But well before the pandemic – back in 2013 – Bitcoin betting still accounted for over 50% of all Bitcoin transactions. In fact, online gambling was one of the first industries to adopt blockchain technology. And to this day, approximately 50% of all Bitcoin transactions are still in online games. A report from 2017 showed that users were spending three BTC every minute, and making 337 bets per second. 

Improved Internet accessibility and increasing smartphone use are growth influences on the online gambling market. As betting and gambling have become culturally more acceptable pastimes, smartphones have provided the industry with opportunities to expand its customer base. In most countries, mobile users occupy 80% of the total online gambling industry.

The 1xBit advantage

 

Many platforms are turning to cryptocurrency, as it provides users with a wealth of benefits over traditional systems. The gaming world in particular is embracing these digital currency alternatives, as it lowers the barriers to entry, inviting a global community to participate.

Thanks to cryptocurrency, 1xBit gaming users are able to:

  • Stay anonymous while depositing or withdrawing their funds
  • Avoid sharing personal information during a more streamlined signing up process
  • Not worry about the safety of their deposits, since all transactions are recorded and stored on-chain
  • Ensure this transaction data is also secured, as records are not stored in a centralised database, reducing the risk of hacks and personal data leaks
  • Transfer funds instantly, as they don’t need to wait for a bank or third-party to confirm the transaction
  • Pay zero fees on transfers, or other hidden fees that traditional banking and fiat transactions typically charge
  • Receive higher bonuses and rewards, including up to 7 BTC welcoming bonus

Mysterium and 1хBit join forces

With the Mysterium VPN, users can establish a private and secure connection to 1xBit, increasing their level of anonymity. It also makes the platform accessible in regions affected by geoblocks, so the online gaming world can be experienced from anywhere in the world.

Are you a 1xBit user? Get approximately 20Gb worth of free streaming as a new user of Mysterium VPN. Learn more by reading their post.

Want to get involved in the Mysterium Network today?

Try the Mysterium VPN, available for Android, Windows and Mac. You can also join our global node network, to help power the decentralised web and earn crypto while you sleep.

Follow us on تويتر for regular updates or jump into our Discord channel to speak directly with the team.

$MYST now on QuickSwap! Discover the fastest, cheapest way to trade

$MYST token is now listed on QuickSwap. You can trade MYST with a number of coins and cryptocurrencies at a fraction of the cost and speed when compared to other Ethereum-based DEXs.

 

To celebrate our listing on QuickSwap and support our community, we are also covering the costs of transferring your funds from Ethereum to Polygon blockchain. 

What is QuickSwap?

 

QuickSwap is a fork of Uniswap, the original Automated Market Maker. Uniswap is the largest decentralized exchange on Ethereum, significantly contributing to the increase of trading activity on the network. However, extreme network congestion has led to high transaction fees, making this DEX very expensive to use.

QuickSwap solved Ethereum’s congestion problem by deploying Polygon’s Layer 2 technology. (Polygon is formerly known as Matic Network, and we will refer to Matic during certain steps in the trading guide, as their wallet, token and network are still labelled as such.)

To provide users with the best possible speeds and price, QuickSwap plans and executes a sequence of multiple token swaps. For example, to convert my QUICK tokens to XYZ tokens at the best possible price, QuickSwap determines the best route is to convert QUICK into SX, then DAI and then XYZ. Moreover, you don’t have to figure this out for yourself, it’s just chosen and executed automatically.

Why have we chosen QuickSwap?

 

QuickSwap provides its users with several important benefits:

 

1. High-speed transactions at significantly low costs

At the time of writing, the cost of a ‘fast’ transaction (~30 seconds) on the Ethereum network is $11.51, while the price for a single Uniswap trade costs more than $100 in fees!

Ethereum transaction gas costs as of April 2d, 2021.

 

In comparison, transactions via Polygon can be confirmed in as little as several seconds, at a cost of around $0.00002 USD.

Matic transaction gas costs as of March 31st, 2021. 

2. Familiar and easy-to-use interface

You can trade on QuickSwap directly from your wallet. Furthermore, if you have used Uniswap previously, you will have no issues when switching to QuickSwap as their interface is very similar.

3. Ability to earn passive income by providing liquidity + receive QUICK tokens

As with Uniswap, every user is able to earn passive income by providing liquidity to the various liquidity pools. Every trade on QuickSwap costs 0.3% of the total amount, a fee which is then split equally among liquidity providers based on their owned percentage of the pool. Additionally, liquidity miners also receive QUICK governance tokens.

How to trade MYST on QuickSwap

Now that you understand the benefits of trading via QuickSwap, it’s time to get moving. If you’ve already used QuickSwap in the past and have some tokens ready, you can start trading here. 

Otherwise, there’s some initial setup, including transferring your tokens from the Ethereum network so you can finally avoid that traffic jam and high gas costs. 

Step 1: Add a custom RPC for MATIC to your wallet

If you can’t see “Matic Mainnet” listed among your available networks in your wallet, you need to set this up before transferring funds and begin using QuickSwap. 

You can do this by adding “Matic Mainnet RPC” as a custom network in your wallet.

For MetaMask wallet users, press the network selection button on the top of the app. Go to “Custom RPC”:

After pressing “Custom RPC”, you should see a screen allowing you to set up a custom RPC. 

Enter the following Matic Mainnet details shown in the screenshot below:

Network Name: Matic Mainnet

New RPC URL: https://rpc-mainnet.matic.network

Chain ID: 137

Symbol: MATIC

Block Explorer URL: https://explorer.matic.network/

Once entered, press the “Save” button. That’s it! You are now connected to the Matic Mainnet.

 

Step 2: Move tokens from Ethereum to Matic Network

To move your funds from from Ethereum blockchain to the Matic one, you can use the Matic bridge:
https://wallet.matic.network/bridge/

You can then connect your own wallet of choice:

And sign the signature request:

After you have connected your wallet, you will see the Matic Wallet V2 interface. You should press “Move funds to Matic Mainnet”:

If you are transferring MATIC tokens, you will need to use the Plasma bridge. 

If you are transferring ERC20 like MYST or ETH, please use the PoS bridge.

The currency shown by default on this transfer module will be ETH, but you can choose the funds you would like to transfer, as shown in the next screenshot.

Once you select your chosen cryptocurrency, type the amount you’d like to transfer:

After you have chosen the desired cryptocurrency and its amount, press the “Transfer” button:

In the next step you will see a warning message. Press “Continue”:

On the next screen, you will see the transfer overview with the cost of each transaction in the process:

After pressing Continue, you will see the estimated transaction fee. Press “Continue” again:

You will need to finally confirm the transaction in your wallet: 

It can take nearly 8 minutes and two transactions to successfully transfer your funds to Matic. This should cost you approximately $25-20 (at the time of writing), so make sure you have enough ETH in your wallet to cover this fee.

You can also use this guide to transfer your funds back onto the Ethereum blockchain, if you need to one day.

Step 3: Claim you free MATIC tokens when you make a trade

To acquire free MATIC tokens with your next QuickSwap trade, go to the Quickswap.Exchange and on the right upper corner press the “CLAIM MATIC” button. Please be aware that you can only claim free tokens when you currently have no MATIC in your wallet. You will also need to have at least 1 DAI/USDC/USDT in your wallet.

Check your wallet to ensure that you received 0,1 Matic. 

Step 4: Swap for MYST

Choose the desired cryptocurrency for swap by pressing on “MATIC”:

You will see a list of all tokens available for trade. You can find MYST by typing it in the search bar:

You can also check the available liquidity pools by pressing the “Charts” button:

You can provide liquidity by pressing the “Add liquidity” button:

 

You can withdraw your funds at any time using the same Matic dashboard. 

And that’s it – you can now make super quick trades at a fraction of a cent! If you still have any questions, jump into our Telegram, Twitter or Discord and our team can help you out.

Happy swapping.

 

Some other useful links:

How to transfer funds from Ethereum to Matic

How to trade on QuickSwap

How to add tokens to liquidity pools on QuickSwap