Beginner's Guide — Zero to One
Opt out of fiat. Buy your first $BTC.
El Dorado is not just a cool app for swapping BTC and gaining yield (though it's that too), it's a place for anyone, from anywhere, to opt out of fiat before their stored value is inflated away by corrupt governments and central bankers. We want the same for the American tech CEO and the Argentine Gaucho: a safe haven to store and grow value outside of the fiat system.
Simple Steps To Opt Out Of Fiat
- While making a wallet, you will be given a "seed phrase" (a string of words). Save these by writing them down both digitally and physically in a place where you will not lose them. This is your backup, secure it carefully.
- Your wallet will be saved as a file on your computer. Place it somewhere it will not get deleted and be sure to save your encryption password.
Now that you have a wallet, it's time to get your value on chain.