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Practice Performing P2P Digital Transactions in Decentralized Finance (DeFi) / Web 3.0
Download the flyer (PDF)

Stage 1 · Practice round

You are here

Step 1 · Get 50 USDT

Gemini

Centralized exchange
Available to U.S. residents

To receive $50 in stablecoin USDT, open a
Gemini account with a referral link

Ask your mentor for a referral link.

Click here for more details.

Bybit

Centralized exchange
Not available to U.S. residents

To receive $50 in stablecoin USDT, open a
Bybit account with a referral link

Ask your mentor for a referral link.

Click here for more details.

Step 2 · Once you have earned at least 50 USDT (a stablecoin)

You are ready to perform P2P digital transactions in Decentralized Finance (DeFi) / Web 3.0.
Perform the following tasks:

Steps marked TX happen on Polygon. You read all five on the ledger in step 10.

New word? Check the glossary.
  1. 1

    Explore DeFi basics.

  2. 2

    Create a Trust Wallet.
    Connect Trust Wallet to your     browser.

  3. 3

    Change the network to the Polygon network.

  4. 4

    Switch to Bybit or Gemini.
    Swap 5 USDT for POL.

  5. 5

    Send the POL to your Trust Wallet.

    TX 1
  6. 6

    Switch to Trust Wallet.
    Swap POL for 2 DAI.

    TX 2
  7. 7

    DAI is a stablecoin.
    Swap DAI for USDT.

    TX 3
  8. 8

    Swap USDT for POL.

    TX 4
  9. 9

    Send the POL to your Bybit or Gemini account.

    TX 5
  10. 10

    View the five transactions above (TX 1–5) on the Polygon ledger.

  11. 11

    Switch to Bybit or Gemini.
    Swap POL for USDT.

  12. 12

    Convert USDT to fiat currency.

You now have the skills to leverage opportunities in DeFi / Web 3.0

Stay safe

Never share your wallet recovery phrase. Be careful with any offer that promises guaranteed returns.

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