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Sharks Never Stop Swimming (Rune Purchase Via Trust Wallet) by edicted

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hive-167922 · @edicted ·
$54.83
Sharks Never Stop Swimming (Rune Purchase Via Trust Wallet)
![jawsshark.jpg](https://images.hive.blog/DQmQNjQFwXTdKrGxm6EASJUZqr88S13G8KD2rPQ3KSuzaKE/jaws-shark.jpg)

#### Sharks that stop swimming end up dead.
Seems like crypto is already moving faster than any one person could ever hope to keep up with.  There are simply too many advances.  Too many networks; too many developers.  Thousands of tokens and even more ideas floating around, some of them revolutionary and some of them ridiculous. 


![sharklawyerlawsnake.png](https://images.hive.blog/DQmagst7htQyiqQtypw4eCvsV8MWUmK4M61xoMDW4Eu8uwf/shark-lawyer-law-snake.png)

Last night I finally got over the fact that Binance account seems to be gone forever.  I was looking to buy some Rune, and I figured I'd need a new exchange from which to launch my base of operations.  Remembering that I used Huobi during the hostile takeover days I decided to log into my account for the first time in over a year of dormancy. 

#### Huobi.Global is pretty similar to Binance.
These two platforms were strikingly similar so it was easy to get my account up and running.  Made sure to add Google Authentication so that my 2FA wasn't lacking and deposited 50 Hive to test it out. 

I realized immediately that I was in for some pain.  Huobi doesn't list any of the Binance tokens (BNB, BUSD, BTCB, etc) and they have no connection to Binance Smart Chain (understandably).   This was to be expected.  Not many exchanges are willing to host the tokens of other competing platforms. 

However, I was IMMENSLY annoyed when I realized that Huobi doesn't even list RUNE, which was kind of the entire point of this entire adventure... No matter, I decided I would just buy some Litecoin and send it to another account just to verify that everything was working correctly.  

#### It was not... working correctly. 
Apparently Huobi does not support the new LTC public addresses.  You might know the ones: they begin with the letters "ltc" signifying the network upfront so that mistakes are harder to make.  This incentivized me to rage-buy some Polygon (MATIC) because of the new PolyCUB project launching soonโ„ข.  So now I am the proud owner of 27 MATIC ($55).  Big baller. 



### But still, I needed to get some Rune...


![sharkkittycat.jpg](https://images.hive.blog/DQmQc1envYS1eHLcnW2xi62TYPZiwuEUMR7fsSg6KpVM4m8/shark-kitty-cat.jpg)

##### Rather than use a centralized exchange to buy Rune, I figured I'd figure out a more decentralized way of going about it. 

![thorruneswapchainbscbinance.png](https://images.hive.blog/DQmf36M19XbMcJf5prgY8x6RiMAbA44v55ZNJebnNvD2gkY/thor-rune-swap-chain-bsc-binance.png)

##### @yabapmatt tipped me off to this Trust Wallet solution
So apparently I needed to get some BUSD from BSC to Trust Wallet and then unwrap it from BEP20 to BEP2 in order to use ThorChain.  Let me tell ya... it took some doing...

#### First, I sold 200 CUB and sent the BUSD to Trust Wallet.  
However, when I tried to unwrap the BEP20 BUSD to BEP2 BUSD Trust Wallet told me I needed gas.  BSC gas.  

#### Second, I sent BSC gas (BNB) to Trust Wallet. 
This allowed me to unwrap the BEP20 BUSD to BEP2 BUSD.
So far so good...

#### Third, I tried to swap the BEP2 BUSD for RUNE. 
Didn't work, transaction failed.
I needed RUNE for gas.

![image.png](https://images.hive.blog/DQmd5GTfK3dVpXqzWxY2ikYGyJdWrus9xnbT38bZP5smD2e/image.png)

#### It wasn't working...
So I needed RUNE to buy RUNE.  
Can you imagine how frustrating this is going to be for new users?
It was already frustrating enough for me...
But we've already dealt with this once before.
The CUB launch on BSC required many BNB bootstraps. 

![image.png](https://images.hive.blog/DQmawRQBm3dXuLNjJ1bMcN4kRrredHvLyJqSuvd8w9bW2ue/image.png)

#### After very politely asking for some gas money to buy more gas, I tried one more time.

#### Step 4: Try to buy Rune again. 
And again, this was a fail.  

I didn't realize that not only do I need gas for ThorChain in the form of RUNE, but I also needed gas on the native network I was connected to.  In this case the gas I needed was BSC gas (BNB). 

#### But didn't you already use BNB gas to convert BEP20 BUSD to BEP2 BUSD? 
lol... yes... that's what I was thinking.  
Thanks for asking. 

The only problem is that I wasn't using the BSC network.  
I was using the Binance Chain (BEP2) not Binance Smart Chain (BEP20). 
Therefore I needed BEP2 BNB... not BEP20 BNB.
Hot damn new users are going to get through this so easy! 

#### Step 5: unwrap BEP20 BNB for BEP2 BNB.
After this was done I was FINALLY able to seal the deal and buy some RUNE.  CONGRADULATIONS ME!  YOU DID IT!  Happy day.  

And I even skipped the step where I was very annoyed that Litecoin on Trust Wallet isn't connected to the Rune network DAPP and in order to connected the RUNE DAPP to Trust Wallet you have to go into settings, open WalletConnect, then scan a QR code to link your Trust Wallet... wallets to https://app.thorswap.finance/


![lionvsshark.jpg](https://images.hive.blog/DQmPW6mHeExxDi2icXnPwJ2VgXv3hxhKXjX7wsGo7SeTxmq/lion-vs-shark.jpg)
<sub>We're gonna fight on land, right? Right.</sub>


### Easy peasy lemon squeezy.
A few hours after I had completed all this madness I was going to complain about how I needed 3 different kinds of gas and twice as many tokens to get the job done.  However, I realized that I did make things a bit more complicated than they needed to be by using BUSD.  If I had just used BNB the entire time for gas in addition to value transfer I wouldn't of had to transfer BUSD or unwrap it to BEP2, which would have saved me a bit of hassle. 

#### FINAL RUNDOWN:
* Step one: acquire BNB on BSC.
* Step two: send BNB to Trust Wallet
   * Trust Wallet refers to this type of BNB as "Smart Chain".
* Step three: Convert "Smart Chain" BNB to "Binance Chain" BNB.
* Step four: Find a way to get a tiny bit of RUNE for gas. 
* Step Five: You may now swap BEP2 BNB for RUNE.
   * https://app.thorswap.finance/
      * Connect Trust Wallet to ThorChain via WalletConnect.

### So simple!  Anyone could have done it! 

![boratnot.jpg](https://images.hive.blog/DQmeQ7K37iyMjR9XLvvtaQ9rJJ1kQJBgQmNXAYatcVB9y9A/borat-not.jpg)

#### Conclusion 
It's important to note how early in the game we are.  The infrastructure simply does not exist to onboard newbies.  However, by the time it does the price will of already mooned, so we should consider ourselves lucky that we got here so early and we get paid for our troubles to figure this cool stuff out.  

After using RUNE I realize more than ever what a huge deal it is.  I can seamlessly connect different liquidity pools together in a totally permissionless manner that absolutely can not be messed with by the regulators.  That's a pretty huge deal.  Rune and ThorChain are going to serve as one of the ultimate hubs for all liquidity in the cryptoverse.  All roads lead to Rune.  

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@edicted/sharks-never-stop-swimming-rune-purchase-via-trust-wallet)
๐Ÿ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 435 others
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vote details (499)
@ajaycapital ·
$0.08
What is your price prediction for $RUNE at the end of this year
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vote details (1)
@edicted ·
$0.40
I don't make price predictions for anything but Bitcoin.
BTC is already hard enough to predict.

That being said the fundamental mechanics of Rune are undeniable.
๐Ÿ‘  , ,
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vote details (3)
@allcapsonezero ·
$0.07
It's a good day... (and Hive just pumped)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@allcapsonezero/re-edicted-2nwjxg)
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vote details (1)
@bil.prag ·
$0.15
it is a top 50 coin listed nowhere. and i am not really sure why. that is kinda the reason why i did not buy it in the first run when it was all over leofinance. i did not want to complicate things with binance and i could not find it no where. my loss.
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vote details (1)
@edicted ·
$0.14
hm yeah and honestly it's just getting started.
imagine the market cap when every exchange lists it.
they are still in a testing phase keeping liquidity low on purpose in case of hack.
once it's more proven it gonna take over
๐Ÿ‘  ,
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vote details (2)
@dalz ·
$0.07
Kucoin is a CEX that supports BNB, CAKE from BSC.

https://peakd.com/eth/@dalz.shorts/in-search-for-binance-alternative-and-some-old-reminder-about-eth-fees
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@edicted · 
i have a kyc account there and everything.
too bad i try to avoid supporting CEXes
๐Ÿ‘  
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@dalz ·
$0.07
But ser .... have you tried ETH fees?
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vote details (1)
@gadrian · (edited)
$0.08
I've gone through many of the steps you went through (and more) when I pooled some RUNE with BTC on ThorSwap for the first time a few days ago. Luckily I still have access to my Binance account (where I had the RUNE tokens), but still a pain for the first time.
๐Ÿ‘  
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vote details (1)
@ghua ·
$0.07
I was recently trying to buy some crypto on big exchanges using my debit card.
the fees they (or their "trusted" friendly services) charge is crazy.
how are we supposed to conquer the world if I cannot buy coins at a price close to their value?
๐Ÿ‘  
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vote details (1)
@edicted · 
### Earn them.
They key is realizing that no one should be "buying" coins at all. 
"Buying" coins implies that you worked within the legacy economy. 
It further implies that you were paid in USD and need to convert to crypto. 
Crypto wins when we get paid directly in crypto for our services rendered.
๐Ÿ‘  
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vote details (1)
@huang-hsin ·
$0.07
I also use #Safepal, It is so easy like trust wallet and have so many features 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@huang-hsin/re-edicted-7rukp8)
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@jfang003 ·
$0.07
Sounds annoying. I'll bookmark this page so I can use it incase I want to get into RUNE in the future.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-edicted-ds1up)
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@lallo ·
$0.23
Yeah Rune it's a big thing!! I needed a week to figure out how to acquire it!! :)
I didn't use Trust Wallet. On app.thorswap.finance i created a keystore. So with a file and a password i have an address for every coin listed there. (and one 12 word-seed)
Then i transferred some Ltc there and swapped to get Rune.
Awesome!! And the cool part is that I used our SWAP.LTC on Hive-Engine...Epic!!!
๐Ÿ‘  
properties (23)
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vote details (1)
@preparedwombat ·
$0.08
I looked into trying to get on the RUNE ride about a month ago. It made my brain hurt.

Meh. There are plenty of ways to do well in the crypto space. Even if one misses out on RUNE gains, there are lots of other ways to ride a rocket during a massive bull market.
๐Ÿ‘  
properties (23)
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vote details (1)
@edicted · 
I don't care about the gains so much.
At this point I know I'll be using rune often.
It's the best DEX on a few different metrics
properties (22)
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@rmsadkri ·
$0.07
I waited for a year to get into pooling after purchasing my first Rune. I should have done it sooner. The complexity to get into the pool was such an ordeal. Once you get in, it's an easy ride after that, I hope.
๐Ÿ‘  
properties (23)
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vote details (1)
@rufans ·
$0.08
>  Not many exchanges are willing to host the tokens of other competing platforms

Cz once tweeted that if thereโ€™s an exchange that doesnโ€™t or havenโ€™t listed Bnb, is on lost ๐Ÿ˜‚
๐Ÿ‘  
properties (23)
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vote details (1)
@edicted ·
$0.29
yeah huobi is proving this.
it's very inconvenient that they don't have access to bsc
๐Ÿ‘  ,
properties (23)
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vote details (2)
@rufans ·
$0.07
Heheh.  I donโ€™t use Huobi but if Iโ€™m to use any exchange that doesnโ€™t support bsc, I go for Trc.  I do this a lot with KuCoin.
๐Ÿ‘  
properties (23)
authorrufans
permlinkr21509
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vote details (1)
@urun · 
reblog maybe join Thor army too :)
properties (22)
authorurun
permlinkre-edicted-r24a5b
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@yabapmatt ·
$0.72
The first time is always the hardest! Also the fact that you were trying to go from BSC made it more difficult since thatโ€™s not a chain that THORchain currently supports, so you had to do the whole BSC to Binance Chain process.

If you are going from BTC/LTC/ETH to RUNE itโ€™s easier (but still need to get the first bit of RUNE for gas fees).

In any case, all that is better than taking a selfie holding your drivers license and submitting a DNA sample or whatever other crap you need to do for a centralized exchange these days.

Iโ€™m not sure, but shapeshift is big on THORchain and might have a UI that makes this easier too.

Anyway, welcome to the club!
๐Ÿ‘  , ,
properties (23)
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vote details (3)
@urun · 
true
properties (22)
authorurun
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@yieldgrower · 
just when things were becoming easier, all these compatibility issues have created more challenges. The real money is on Platforms with easy user interfaces that can accomplish tasks with just a few clicks.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@yieldgrower/re-edicted-51k3db)
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