How to Acquire INJ : Exploring Both Centralized and Decentralized Solution

Image for How to Acquire INJ : Exploring Both Centralized and Decentralized Solution

In this tutorial, we will delve into two distinct Solution for acquiring INJ tokens, providing you with a comprehensive understanding of the process. The first option involves obtaining INJ from a Central Exchange: Binance, offering a straightforward approach accessible to users. The second option, a more decentralized route, involves acquiring INJ directly on-chain through the Osmosis Decentralized Platform, adding an extra layer of autonomy and security to your transaction.

By the end of this tutorial, you will be equipped with the knowledge to secure INJ tokens directly onto your KEPLR wallet 🚀



The Basics


Install Keplr Wallet

KEPLR wallet is a crucial tool that facilitates seamless interaction within the cosmos ecosystem. Acting as a secure gateway, the KEPLR wallet serves as a bridge between your digital assets and the underlying blockchain network.


Enter to Binance




Enter to Binance 🔗 Open and Register a new account if you still don't have one.
Follow the instructions on screen to transfer some funds on the Platform. Need help? Follow this tutorial 🔗 Open


Convert to INJ


From your Dashboard, Convert some assets to INJ.

Withdraw your funds from Binance


Once you have INJ on your Spot section, you can use the Withdraw Button.

Send to Your KEPLR Wallet


Before you continue, make sure you have installed KEPLR Wallet Check It Out
Open your Wallet KEPLR and click on SEND then search for Injective blockchain. Click on the copy button and paste it to withdraw Address on Binance.

Not On the List?


Sometimes, new chain does not show up automatically on your KEPLR. You need to import it manually. If you cannot find the Injective Chain directly from the KEPLR Wallet : Click on the top left button on KEPLR and Manage Chain Visibility

No Title


Then Search for Injective chain and Select it from the list. Click Save
Now you should see your Injective address from the Copy Address Button on the KEPLR main Page.

MEMO or NOT MEMO?


Allow me to clarify a key point 🧐 : the MEMO number is exclusively relevant when initiating a transfer from your KEPLR wallet to a Central Exchange. However, in our specific scenario, we are orchestrating the reverse process – sending funds from a Central Exchange to your KEPLR wallet. Therefore, there is no requirement to concern yourself with providing a MEMO. Rest assured, your transaction will proceed seamlessly without the need for a MEMO 👍

Funds are here?


Now your funds should arrived to Destination.

Already funds on KEPLR : Swap Directly on Osmosis


If you already have funds on KEPLR such as ATOM, OSMO or USDC : You can simply swap on Osmosis Platform 🔗 Open
Connect your Wallet KEPLR to the Platform and make a Swap.
Check it Out

No OSMO as gas fee?


In case you do not have OSMO to pay gas fees, just select an other Asset from the list while executing the transaction on your Wallet

Transfer to Injective Chain


When swapping on Osmosis, all assets are on Osmosis Blockchain. You need to withdraw your INJ token to the Injective native Blockchain. Select assets from the left menu, then Withdraw
You will be redirected to Injective Bridge 🔗 Open
Check it Out

No Title


Connect your Wallet KEPLR and enter the amount to transfer to Injective Blockchain from Osmosis.

Done 🙌


The transfer is completed very fast, not even 3 seconds! Come back to the Injective Hub 🔗 Open and your balance should be reflecting your transfer.
Check it Out

Osmosis

Image for Osmosis

Official Website for the Blockchain Osmosis

Live

Binance Official Website

Image for Binance Official Website

The Binance exchange is the largest crypto exchange by trade volume in the World.

Live

Injective Network's Native Bridge

Image for Injective Network's Native Bridge

The lightning fast, low cost, safe and most secure bridge to transfer cross-chain assets to Injective

Live

Image Author Train To Crypto from Train to Crypto Team

Train To Crypto

Crypto Enthusiast and Founder of Train to Crypto Platform

Footer

https://www.traintocrypto.com/ Logo

Copyright © Train To Crypto


All Informations published in this Website is a part of our engagement in the web3 Ecosystem and should not be construed as financial advice or any form of investment guidance. It is intended solely for educational and entertainment purposes, aiming to showcase blockchain technology through engaging activities.