Steven Schuster 
Crypto presales are an excellent opportunity to invest early in a potential project, and with the case of Mirror Chain Blockchain, the opportunity may well work. However, in case you have never been in a presale, you may be not quite sure where to begin.
Step 1: What Exactly is a Crypto Presale?
A crypto presale is your chance to buy tokens before they officially launch on big exchanges. For example, Mirror Chain Blockchain allows you to earn passive income just by holding its token. It’s different from other chains where rewards typically go to miners; here, they go to holders of $MIRROR tokens.
Step 2: Do Your Research
You should familiarize yourself with the project before you get into it. To presale could be an excellent opportunity to be early but you should be aware of what you are committing to. For Mirror Chain Blockchain, ask yourself:
- What’s the core idea? Mirror Chain rewards you just for holding the token. It’s a community-driven blockchain, so if you’re into passive income and believe in the project, this might be for you.
- What’s tokenomics? How many tokens are there? How much of the total supply is available in the presale? With Mirror Chain, you earn 1% from each transaction, so your rewards grow as the network scales.
Step 3: Ready Your Crypto Wallet
In order to participate in the presale, you’ll need a crypto wallet that supports the tokens for the project. Most presales accept major coins like ETH, BTC, or USDT.
Once your wallet is set up, transfer the funds you plan to use for the presale (ETH, BTC, USDT, or fiat, depending on what the presale accepts).
Now that your wallet is ready, go to the Mirror Chain Blockchain presale page (or the presale platform for the project you’re interested in).
Step 4: Buy the Tokens
Once your wallet is connected, you can participate in the presale. For Mirror Chain, this is how it works:
- Choose how many tokens you want to buy. The presale price will likely be lower than the post-launch price, so decide how much you want to invest.
- Confirm your details. Check the number of tokens, the total cost, and any fees (usually just the gas fees for Ethereum-based tokens).
- Make the purchase. Press the button “Buy” or “Confirm” and authorize the purchase. Your tokens will be sent to your wallet at the end of the presale.
After buying, the tokens will usually be locked until the project officially launches. For Mirror Chain Blockchain, holding your tokens means you’ll start earning rewards from the chain, but the actual trading might not be available until later.
Step 5: Track Your Investment
Once the presale is over and tokens are listed, you can track how things are going. Mirror Chain Blockchain gives its holders rewards automatically, and thus you will receive rewards as the network expands; no additional effort is required. When you are monitoring the price of the token, you are able to decide on how to hold, sell or to stake the project based on how the project unfolds.
Final Thoughts
Crypto presale is an excellent way to enter a project early, particularly when you believe in the idea of the project. It is essential to research and know the vision of the project and ensure that you are comfortable with the investment.
When you are ready to make the plunge, above are the steps you need to follow to invest during the presale and see your money grow as the project expands. Happy investing!
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Simone Reed