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Beginner's Guide to the Base Network: Intro to Buying Assets

Name: Beginner's Guide to the Base Network: Intro to Buying Assets
Rating: 5.0 (2 reviews)

Get a Full Walkthrough of the Base Network – Coinbase's Own Second Layer on Etherium.

Created byMatt Thomas

Last updated 8/2024

English

English [Auto],

What you'll learn

Navigate and Buy/Sell Assets on the Base Network
Utilize a Base-compatible Wallet to Store and Transact in Based-ETH
Develop an Inuititive Insight into Base Dex Listings.
Know How to Find Top Performing Tokens with Confidence and Conviction
Beginner-friendly Guide to Coinbase & Coinbase Wallet

Course content

5 sections • 15 lectures • 30m total length

Quick Overview: Growth and Engagement0:58
Explore growth and engagement on base network, Coinbase’s layer two on Ethereum. Learn to sign up, set up a wallet, transfer ETH to base, and acquire assets while spotting scams.

Buying Ethereum w/ Coinbase: Setup and Fund2:02
Sign up for Coinbase, verify your identity, buy Ethereum using a payment method, starting with a test 0.001 ETH; consider Coinbase One to reduce fees and convert to base network.
Wallet Setup: The Base-compatible Coinbase Wallet0:52
Set up the base-compatible Coinbase Wallet by downloading from coinbase.com/wallet, create a 12-word seed phrase, and securely store it offline to protect access to your funds.
Last Step: Sending and Receiving Based-ETH1:40
Learn how to send and receive base network assets by connecting your Coinbase wallet, buying ether, and bridging ETH from Ethereum to base while weighing gas fees.

Top Contenders: Based Assets and Filtering by Market Cap0:47
Learn to buy base network tokens by copying token addresses from deck screener and pasting them into Coinbase Wallet for swaps, then identify top trending assets and opportunities.
Browsing the Dexes: Surfing Through the Open Sea of Tokens1:36
Explore trending tokens on the base network using Deck Screener and CoinGecko to filter by market cap and age, uncovering dependable projects with growth potential.
Meme Heavy Hitters: Strongest On-Chain Meme Coins (Current)2:32
Explore trending base network meme coins like Axler, Aerodrome, Brett, Toshi, Seamless, and Extra5, and learn to assess opportunities while setting up a base Ethereum trading bot.

Setup: Telegram and Connecting to BasedBot1:24
Explore base bot for trading on the base chain, featuring cross-device trading and a built-in wallet; sign up via the referral link and verify legitimacy before sending assets.
Home Screen: Info and Navigation1:30
Explore the base bot home screen to place buy and sell orders, manage positions and limit orders, configure dollar-cost averaging, and leverage smart copy trading.
Copy Trading: General Advice & Best Practices0:48
Learn how to evaluate copy trading by ensuring that a trader's winners outweigh losses, prioritizing wallets with more frequent winning trades and favorable PNL patterns.
Settings: Buy / Sell Orders1:14
Adjust gas settings for speed versus cost, using turbo in volatile markets, and configure slippage, presets, take profit, and stop loss for automated buys and sells.
Protecting Profits & Minimizing Losses: Stop Loss and Take Profit Settings3:59
Learn how to set stop losses and take profits, using percentage-based triggers to protect gains and limit losses on crypto assets.
Active Usage: Funding and Trading w/ BasedBot4:33
Learn how to fund your base wallet and buy assets on the base network using the base bot, including token addresses, slippage, take profits, stop loss, and dollar-cost averaging.

Color Narrative: Based.. Blue?5:05
Analyze blue knockoff tokens on the base network that imitate successful characters, with lazy marketing, shared wallets, and short-term hype; highlight lack of originality and real communities.
Fakes & Honeypots: Analyzing Sketchy Metrics1:55
Identify fakes and honeypots by ensuring you buy the correct token on the base network, like Brett on base, and verify the real token address and market cap.

Requirements

No Experience in Cryptocurrencies Required.
No Experience in Trading / Investing Required

Description

With the dependability of the ETH network, the gas fees of the base platform, and the user base of the US' #1 crypto exchange – Coinbase has set the stage for Base.

This guide’s structured to walk you through the next level of reading token metrics – an in depth look into transaction history, platform narratives, and things to watch out for.

- Get Setup and Ready to Participate in Projects on Base:

- Develop a Comprehensive Understanding of Market Trends:

- Learn to Spot Sketchy Assets and Shady Transactions

- Setup Bots for Trading on Base – Enhance Speed and Accessibility

- Foster a Sense for the New Market Meta: Catching Early Trends

- Build a Profitable Portfolio on Base - Coinbase's Very Own Platform

Base hasn’t even started their official onboarding efforts yet – let’s build our asset portfolios early and familiarize ourselves with the fundamentals early.

Let’s keep it short and straight to the point.

We’ll go through all the steps; from setting up your base-compatible wallets to browsing the base market dexes with an intuitive eye.

So whether you’re a beginner in the world of trading Cryptocurrencies or you’re an experienced trader/investor interested in new opportunities on Base – I’ve got you covered.

The platform’s heating up by the day.

There’s no better time than now to secure your Base assets.

Let’s get started!

Who this course is for:

Beginners looking to purchase and secure Base-native assets.
Investors looking to diversify their crypto portfolio to include assets on Base
Crypto traders interested in trading with Based-ETH

Beginner's Guide to the Base Network: Intro to Buying Assets

What you'll learn

Explore related topics

Course content

Introduction to Base Network: What's the Hype?1 lecture • 1min

Entering the Ecosystem: Coinbase, Ethereum, and Wallet Setup3 lectures • 5min

Securing Quality Assets: Base Chain's Top Narratives3 lectures • 5min

Telegram Bots: Secure Quicker Trades wit BasedBot6 lectures • 13min

Market Narratives: Developing a Deeper Understanding of Base-Native Assets2 lectures • 7min

Requirements

Description

Who this course is for: