How To Buy a Flipit Node

Understanding the Flipit Node Pricing Structure

The pricing of Flipit Nodes might seem confusing at first, but it’s designed with a specific purpose in mind. Below is an in-depth explanation of how and why the price of a Flipit Node changes over time, and why acting quickly can make a significant difference.

Dynamic Pricing: How It Works

• Price Increases with Demand: The cost of acquiring a Flipit Node is not static; it increases incrementally as more nodes are sold.
  • Incremental Increase: For every 100 Flipit Nodes sold, the price of a single node increases by $100 USD. This means that as demand for the nodes grows, so does their price.
  • Starting Price: Initially, the price of a Flipit Node was $500 USD.
• Current Pricing Example: As of now, the price of a Flipit Node is $800 USD. Just a few hours ago, it was $200 USD, highlighting the rapid pace at which prices can rise.
• Importance of Timing: Given this dynamic pricing structure, making a quick decision is crucial if you want to secure a node at a lower price. The longer you wait, the more you’ll pay.

1. Set Up a MetaMask Wallet

• Download and Install MetaMask:
  • Visit the official MetaMask website and download the MetaMask extension for your browser. It’s available for Chrome, Firefox, Brave, and Edge.
  • Follow the installation instructions, and make sure to create a strong password for your wallet.
• Create a New Wallet:
  • After installation, you’ll be prompted to create a new wallet. Click “Create a Wallet” and follow the prompts.
  • Secure Your Seed Phrase: MetaMask will generate a 12-word seed phrase. This is crucial for recovering your wallet if you lose access to it. Write it down and store it in a safe place. Do not share this phrase with anyone.
• Confirm Seed Phrase: To complete the setup, MetaMask will ask you to confirm your seed phrase by selecting the words in the correct order. Once confirmed, your wallet is ready to use.

2. Add USDC to Your MetaMask Wallet

• Purchase USDC on an Exchange:
  • Go to a cryptocurrency exchange like Coinbase, Binance, or Kraken, and purchase USD Coin (USDC), which is a stablecoin pegged to the US Dollar.
  • Ensure that you buy enough USDC to cover the cost of the Flipit Node, plus a little extra for transaction fees (also known as “gas fees”).
• Transfer USDC to MetaMask:
  • In your exchange account, go to the withdrawal section and select USDC as the currency you want to transfer.
  • Copy Your MetaMask Address: Open your MetaMask wallet, and copy your public address. This is a long string of characters that begins with “0x.”
  • Paste this address into the withdrawal section of your exchange account and complete the transfer process.
  • Confirm Transfer: After a few minutes, your USDC should appear in your MetaMask wallet. Double-check to make sure the amount is correct.

3. Ensure You Have Enough for Gas Fees

• Understanding Gas Fees:
  • Gas fees are the transaction fees required to process your purchase on the Ethereum network. These fees vary depending on network congestion and can fluctuate throughout the day.
  • Check Current Gas Fees: You can use websites like ETH Gas Station to check current gas prices. Make sure you have enough ETH (Ethereum) in your MetaMask wallet to cover these fees. Typically, a small amount like 0.01 to 0.05 ETH should be sufficient.
• Add ETH to MetaMask (if necessary):
  • If you don’t have enough ETH, you can purchase it on your exchange and transfer it to your MetaMask wallet, just like you did with USDC.

4. Visit the Flipit Node Website

• Access the Official Website:
  • Open your browser and go to the official Flipit Node website. Ensure that you are on the correct and secure website by double-checking the URL.
• Review Node Details:
  • Take some time to review the information about Flipit Nodes, including pricing, features, and the current phase of sales.

5. Connect Your MetaMask Wallet

• Connect Wallet:
  • On the Flipit Node website, look for a “Connect Wallet” button. Click it, and a MetaMask pop-up will appear asking you to connect.
  • Select Your Account: Choose the account that holds your USDC and ETH, and confirm the connection. MetaMask will now be linked to the Flipit Node website.

6. Purchase a Flipit Node

• Find the Purchase Button:
  • On the Flipit Node website, locate the purchase section. This will usually be a button labeled “Buy Node” or something similar.
• Complete the Purchase:
  • Click the purchase button. MetaMask will prompt you to confirm the transaction, showing you the amount of USDC that will be spent and the estimated gas fees.
  • Confirm the Transaction: Review the details carefully, and if everything looks correct, confirm the transaction in MetaMask. Your purchase will be processed, and you’ll see a confirmation once it’s complete.
• Wait for Confirmation: The transaction will take a few moments to be confirmed on the blockchain. Once confirmed, you’ll receive your Flipit Node.

7. Installing Your Flipit Node

• Access Installation Instructions:
  • After purchasing your node, you’ll need to install it. Visit the specific page on the Flipit website that provides installation instructions.
• Follow the Instructions:
  • The instructions will guide you through the process of setting up your node, ensuring it is properly configured to start running workloads once the sales period ends.

By following these steps, you’ll be well-prepared to set up your MetaMask wallet, add the necessary funds, and purchase your Flipit Node efficiently and securely.