0 Shares

If you have any interest to buy Versailles Heroes (VRH), you will be required to have either Bitcoin abbreviated as (BTC) or Ethereum (ETH) for trading purposes. I have reviewed the major cryptocurrency exchange Binance in this post to help you determine the best sites to buy cryptocurrency using a credit card or bank account. Take a read and get tips on the best cryptocurrency trading.

Step 1: How to create a Binance account:

1.1 Visit Binance’s Website (https://www.binance.com/en)

There have been several phishing cases reported over the past years that are imitations to the original site, it is essential to scrutinize the URL to the website keenly. First, be on the lookout for the ‘Secure’ certificate that should pop up in your address bar and that acts as a confirmation of the site’s genuineness. Second, to be extra safe while trading on the platform, ensure to bookmark the authentic site to evade any confusion in future searches.

1.2 Fill in your trading details

You have to fill in your details by going to the ‘’Register” tab found in the right-hand corner of the website’s page and fill in your trading details. For instance, you will need to fill in your mobile number or you choose to use your email address. For the email address, it is necessary to use your main email that you can access easily and the most secure one since you will need it to sign in to your Binance account always.

You also need to choose a strong password for your email; a strong password should comprise a mix of numbers, symbols, upper and lower-case letters. You will receive a 6-digit code via the email you provided as your account’s verification code and for completing the registration process.

1.3 Allow 2FA-Two-factor authentication (Optional)

To make your account more secure you need to allow use of a two-factor authentication after your first log in. Trust me; it is vital to set up the 2FA because it makes your account more secure from any hacking activity!

Every time you log in with the two-factor authentication, you will need to provide a unique code once your type in your email and password. To get your unique code, use the Google authenticator app downloaded into your smartphone.

Step 2: Buying your first Bitcoin (BTC)

To send money to your Crypto wallet account on Binance either directly via your bank account through SWIFT money transfer or you can opt to use your debit/credit card. For this part, I will guide you on how to use your credit card.

Binance previously didn’t allow the use of credit or debit cards on its platform, but the same has been introduced. Binance partnered with Simplex to allow its users to use their credit and debit cards to buy Bitcoin or Ethereum. This has led to faster Crypto transaction speeds, low transaction charges, and more transaction flexibility.

I highly recommend buying Bitcoin first and then trading it for the right amount of Versailles Heroes (VRH).

It is easy to purchase Bitcoins via your credit card but I will elaborate on best ways you can do it step-by-step to make sure you understand all the trading nitty-gritty.

Move your mouse’s cursor to ‘Buy Crypto’ tab found on the top bar and activate the dropdown menu. Then choose the currency, For instance, US Dollars, and click the ‘Credit/Debit Card’ to lead you to the next step.
You be led to the next page; in this page you will see options to choose the desired Bitcoin (Select BTC), and the amount you need to spend to buy your choice Bitcoin amount. The total amount you need to spend will be displayed according to the Bitcoin amount you request and the matching market price at that time (inclusive of all fees). However, you can choose to first set the total charge then the system will automatically calculate the order amount for you.
Next, click “Buy BTC. A window that contains all the details of your order will pop up. However, before you confirm your order you need to read the disclaimer and Terms of Use. Once satisfied, confirm your order by ticking the tab and head to “Go to payment’’; click.
Fill in your credit card details and personal information too. Once done, you need to click “Pay now” and give it a moment to verify your details.
You will be required to verify your email and phone number if it happens to be your first simplex payment via a code send through your email or an SMS. Complete the verification process by opening the link in your email and type in the code you receive via SMS. Once you do all the above, you can click “Continue”.
Verification of identity follows next via the use of an official document. Basically upload your identification document photo accompanied by your personal details and click the “Upload Document” tab.

Lastly, your personal document will be approved once verified by the system and an email send to show the confirmation of order purchase. Subsequently, your Binance account is credited with the purchased BTC or Ethereum.

Step 3: Transferring Your Cryptos to an Altcoin Exchange MXC

Now let us see how to purchase Versailles Heroes (VRH) using your investment from Binance.

However, know that not every crypto can be traded in Binance we need to transfer our coins to an exchange that Versailles Heroes (VRH) can be traded. Therefore, I will guide you to MXC which is a perfect exchange to trade altcoins. We will use the link below to register your new account.

Once you have completed similar processes as we’ve done before with Binance you are now ready to transfer our Bitcoins.

Step 4: Depositing BTC to Exchange

If you have already created your trading account setup at one of the exchanges that trades Versailles Heroes (VRH), you will have to transfer your BTC from Binance to that specific exchange.

You will have to use your wallet system. mxc assets, just move your mouse over to “Assets” on the top right and click “My Assets”. Find “BTC” from Token section and copy the given “Deposit Address”

This part may be little bit difficult but don’t worry, it is easier than a bank transfer. After you have copied your unique BTC wallet address go back to Binance. Then move your cursor to “Wallet” on the right hand side of the topbar and once the popup shows up, click on “Fiat and Look for (Deposit & Withdrawal)”. Then find BTC in the list and click on “Withdraw” on your right. Then, paste the deposit address you just copied from the other exchange and select BTC as the transfer network. Next, type the amount that you want to withdraw (you may click the Max button if you want to withdraw all).

Also, click on the Submit button start the withdrawal process. To continue with the withdrawal, Binance may request you for your 2FA code and also you will have to confirm the withdrawal with an e-mail.

That’s all you need to do, then wait shortly so that the blockchain to confirm your transaction.

Step 5: Trading Versailles Heroes (VRH)

Now you can move back to MXC to buy Versailles Heroes (VRH) with the Bitcoins you sent. mxc exchange

Just move your mouse over “Exchange” and click “Standard” and then you will see trading menu. Then, in the right column make sure to select “BTC” pair and in the search bar type in “VRH”. If you have already moved your coin click on it and now you will see a price table of VRH/BTC at the center of the page. Then, select the “Market” tab as that is the most straight-forward type of buying orders.

Also, you can either type in your amount or choose what portion of your BTC deposit you would like to spend on buying, by clicking on the percentage buttons.

If you have confirmed everything, click “Buy VRH”. Now you own your VRH!

Other Exchanges to Buy Cryptos

The following are other sites you can buy from these exchanges:

HotBit (Which permits US investors)

MXC (This exchange allows US investors)

Bilaxy

OKEx

Huobi Global

On top of the above-listed exchanges, there are some more common crypto exchanges where daily trading volumes and a huge user base is available. This helps to ensure that you can sell your coins any time you want and the charges for the trading are not high. It is recommended that you should also register on these exchanges because whenever Versailles Heroes gets listed there it give the traders who have already registered a large amount of trading volumes, that means you will be provided with some great trading opportunities!

Final Step: How to Store Versailles Heroes securely in hardware wallets

1. Ledger Nano S

Easy to set up and has a friendly trading interface.
Allows use on desktops and laptops
Lightweight and Portable too
Has been designed to Support most blockchains and a wide range of (ERC-20) tokens
Has many trading languages.
Designed by a well-established company found in 2014 with great chip security
It is not expensive but can be acquired at affordable price

Buy Ledger Nano S Now

2. Ledger Nano X

It made with a more advanced and secure element chip (ST33) than Ledger Nano S
Has an easy design that allows the use on desktop or laptop, or even smartphone and tablet through Bluetooth connection.
Also Lightweight and Portable and has a built-in rechargeable battery
Has a Larger screen
Comes with more storage space compared toLedger Nano S
It supports most blockchains and wide range of (ERC-20) tokens
Provides several languages for every customer
It was designed by a famous company found in 2014 with great chip security
Can be obtained at an affordable price

Buy Ledger Nano X Now

If you still have plans to stay at hodl” as some people call it, basically misspelt “hold” (which become famous as time passes) your Versailles Heroes for some long time, you need to find ways to ensure it stays safe safe,

However Binance is the most safe cryptocurrency exchange, in the past few years there have been hacking incidents and funds were lost. Because of the design of the wallets in exchanges, they will be accessible always via the internet (“Hot Wallets” as they are called), therefore exposing certain aspects of weaknesses.

Thus safeguard your cryptos by putting them in “Cold Wallets”, where the wallet will only have access to the blockchain(or simply “go online”) when you send out funds,. This reduces the chances of being hacked. For example, use a paper wallet which is a type of free cold wallet. It can also be defined as an offline-produced pair of public and private address and that you write on a paper for keeping safely with you. But, it is not permanent and may be faced by certain risk.

Thus, Hardware wallet is therefore the best compared to cold wallets. Since they are usually USB-enabled devices that can hold the key information of your wallet in the safest manner. Also they are designed using military-level security and their firmware’s are continuously upgraded by their manufacturers and this makes them extra safe to use. For example, Ledger Nano S and Ledger Nano X and are most common hardware wallets, you can buy one at $50 to $100 depending on the specifications they have. I highly recommend these for holding your assets because these wallets are a worthy every penny according to my experience and opinion.

Frequently Asked Questions

Is it possible to buy Versailles Heroes with cash?

The answer is No. Because there is no way you can directly buy Versailles Heroes with cash. But, using marketplaces such as LocalBitcoins to first buy Bitcoin, and completethe rest of the steps by transferring your bitcoin to respective AltCoin exchanges.

How do I Buy Bitcoin from local sellers?

You can go to LocalBitcoins that is a peer-to-peer Bitcoin exchange. It is more of a marketplace where users can buy and sell Bitcoins to and from each other. Users, known as traders, make advertisements to show their price and the payment method they want used. Then buyers buy from the traders to buy from sellers in a particular nearby region on the platform. LocalBitcoins is after all a good place to go to buy Bitcoins when it is impossible for you to find your favorite payment methods somewhere else. The site’s prices are high and you have you have to be extra careful to avoid conmen.

What are the quickest ways I can buy Versailles Heroes while living in Europe?

While in Europe you have the advantage of buying cryptos in an easy and quick way. Because Europe has even online banks which help buyers to simply open an account and transfer money to exchanges such as Coinbase and Coinmama. Such banks which are common as online banks in Europe are Bunq, N26 and Revolut.

Can I use alternative platforms to purchase Versailles Heroes or Bitcoin with credit cards?

Yes you can, you just need to visit Changelly which an easy to trade in site especially when it comes to buying Bitcoin with credit cards. It provides an automatic cryptocurrency exchange that gives a buyer the opportunity to exchange crypto fast and buy them using credit card. It has been designed to allow users to have easy crypto buying since it has a simple user interface and provides instructions that are easy to follow too.

About Versailles Heroes (VRH)

VRH – Versailles Heroes

Introduction

VRH (Versailles Heroes) is a DAO (DeFi) financial infrastructure on the Ethereum chain, aiming to build a fast-growing TVL financial environment for DeFi investment. VRH tokens are issued through ERC-20 contracts and by utilizing the DAO protocol to achieve an open, transparent, and fair governance. In addition, it is committed to promoting the ecological development of DeFi and blockchain games. Investors can lock up VRH for 1, 2, 3, and 4 years to obtain veVRH. veVRH can be used to vote on network proposals and can also be used by investors to create a guild or join a guild for mining. To participate in the internal competition of the guild, investors can burn game token (MOH) in exchange for GAS, which can accelerate the weight of their individual mining by up to 2.5 times. In this way, a competitive environment that promotes the growth of market value is established, and investors who participate in the competition by using GAS acceleration can obtain higher returns.

Blockchain Application

Dao Governance Protocol

DAO is created through Ethereum smart contracts, and any decision in the network will be made through DAO proposals. It is community driven and leads product development and code iteration.

NFT – Non-Fungible Token

Versailles Heroes NFTs are issued on Ethereum ERC-721 contracts, which grants digital ownership of game items to individuals. It constructs a play-to-earn economic system which enables users to receive token rewards and trade in a secure digital environment.

DUO Token Economic Model

Different from traditional LP mining, VRH builds an ecosystem of child and parent tokens. MOH, the game token is generated by participating in the game. VRH, as the parent token, is mint through DAO mining, while MOH is used as GAS to accelerate the mining output.

Development History

The economic model of Versailles Heroes was inspired by Curve. The core team conducted mathematical reasoning on the Curve economic model in Q2 2021 and began to formulate plans in the same quarter to actively explore the combination of DeFi and games, establish economic models, and position the game theme as a light sci-fi theme. In Q3 2021, the worldview of the game origin is confirmed, and the NFT heroes are designed. In Q4 2021, the team started to develope the game and establish the play-to-earn system. In Q1 2022, the Versailles Heroes technical team began to build the DAO ecosystem and develop multiple smart contracts. The project white paper was released in the third quarter of 2022. In the upcoming fourth quarter of 2022, three rounds of IDO and DAO governance protocol will be released.

VRH Inflation

The initial supply of VRH is 2.424 billion, of which 70% are mint by the veVRH guild. The token supply is controlled according to the mechanism of segment decay. The inflation of mining output decreases by 2^{1/4} every year. And the remaining 30%, which is 727.2 million VRH, are for the core team, foundation, investors, IDO, Grants & Bug Bounties, and airdrops, etc. This portion is locked through contracts and released linearly.

The initial supply of 727.2 million VRH tokens is distributed as follows:

 33.3% to Core team vesting in 30yrs
 23.3% to Foundation vesting in 35yrs
 23.3% to Investors vesting in 35yrs
 10.0% to IDO
 10.0% to Grants & Bug Bounties
 0.1% to Airdrop

Governance, Voting and Mining

Governance

The Community DAO (or just “the DAO”) governs the day-to-day operation of the protocol.

 Voting is based on a user’s holding of “Vote Escrowed VRH” (veVRH). veVRH is obtained by locking VRH for up to 4 years, with 1 veVRH equal to 1 VRH locked for 4 years. As the lock time decreases, an account’s veVRH balance decreases linearly as the time remaining until unlock decreases. veVRH is non-transferrable.
 An account must have a minimum balance of 2500 veVRH to make a DAO vote. Each vote lasts for one week. Votes cannot be executed until the entire week has passed.

The DAO has ownership of two admin accounts:

 The ownership admin controls most functionality within the protocol. Performing an action via the ownership admin requires a 30% quorum with 51% support.
 The create guild admin controls only create guild function within the protocol. Performing an action via the create guild admin requires at least 1 million votes with 51% support.

However, the create guild admin is controlled by ownership admin. It means create guild App in Aragon VRH DAO is protected by ownership DAO.

Mining

veVRH is acquired by locking VRH and can be used to create a guild or join a guild. The DAO guild is the main body of revenue in the game. Guilds are created through decentralized DAO proposals. To create a guild, the creator must own at least 100,000 veVRH and his/her proposal must reach at least 1 million veVRH participation with an approval rate of 51% or higher. Additionally, the creator can set the guild’s commission rate between 0 to a maximum of 20%. The guild rate can be increased or decreased. However, it can only be changed once within a 7-day period by a maximum of 1% each time.

To join a guild, individuals need to obtain veVRH by locking VRH. An individual’s mining power in a particular guild is measured by their veVRH balance. All veVRH holders within the guild will obtain the mining weight according to the following formula. The VRH released by mining is calculated according to the weight ratio.