๐Ÿฆž
Lobster - Documentation
  • ๐Ÿ‘‹START HERE
    • ๐ŸฆžLobster overview
    • ๐Ÿ–ฅ๏ธApp guide
      • โœ…Deposit
      • ๐Ÿ“ŠDashboard
      • ๐Ÿ”ƒWithdraw
    • ๐ŸฆŠ Step-by-Step Guide: How to deposit on Lobster
      • Step 0: Identify Your Situation ๐Ÿ”
      • Step 1: You donโ€™t have any cryptos. ๐Ÿ˜ข
        • Way #1 : Create a centralized exchange account and buy your first cryptos ๐Ÿฅ‡
        • Way #2 : Buy your first cryptos directly in Metamask on Arbitrum Network ๐ŸฆŠ
      • Step 2 : How to send my cryptos from a centralized exchange on my personal Metamask Wallet ๐Ÿ“จ
      • Step 3 : How to bridge ETH from Ethereum mainnet (or another chain) to Arbitrum ๐ŸŒ‰
      • Step 4: Convert ETH to WETH on Arbitrum ๐ŸŽ
      • Step 5: Deposit WETH into Lobster Protocol ๐Ÿฆž
    • โš ๏ธDisclaimers
  • โš™๏ธDeFi Strategy
    • ๐Ÿ“ˆStrategy overview
    • โš–๏ธNeutral market exposure
    • ๐Ÿ’งLiquidity & impermanent loss management
    • โณRebalancing frequency
  • ๐Ÿง Algorithm
    • ๐Ÿ“ŠInput/Output datas
    • ๐Ÿ“Arbitration workflow
    • โฎ๏ธBacktest report
  • ๐Ÿ”SECURITY
    • ๐Ÿ›๏ธInfrastructure
    • ๐Ÿ“„Contracts & Audits
    • ๐Ÿ›ก๏ธInsurance
  • ๐Ÿ”TRANSPARENCY
    • โ›“๏ธOnchain activity
    • ๐ŸŽIncentives
    • ๐Ÿ“…Roadmap
    • ๐Ÿ”–Vault fees
    • โ“FAQ
  • ๐Ÿช‚Airdrop
    • ๐Ÿช™Point system basics
    • ๐ŸŽ–๏ธAll ways to earn points
      • Using the protocol ๐Ÿง‘โ€๐Ÿ’ป
      • Referring Lobster to your friends ๐Ÿค
      • Being an active community member ๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘งโ€๐Ÿ‘ฆ
      • Helping the team improve the product ๐Ÿ’ก
  • SOCIAL
    • ๐ŸฆžDapp
    • ๐ŸฆX
    • ๐ŸŽฎDiscord
    • ๐Ÿ“จTelegram
  • Legal documentation
    • ๐ŸจLegal Notice
    • ๐Ÿ“–Lobster's Website Terms and Conditions
    • ๐ŸชPrivacy Policy
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  1. START HERE
  2. ๐ŸฆŠ Step-by-Step Guide: How to deposit on Lobster
  3. Step 1: You donโ€™t have any cryptos. ๐Ÿ˜ข

Way #1 : Create a centralized exchange account and buy your first cryptos ๐Ÿฅ‡

PreviousStep 1: You donโ€™t have any cryptos. ๐Ÿ˜ขNextWay #2 : Buy your first cryptos directly in Metamask on Arbitrum Network ๐ŸฆŠ

Last updated 1 year ago

After you have finished this step, you will need to follow the beginning of way 2 to create your personal wallet

  1. Create an account on a centralized exchange (Binance, Coinbase, Krakenโ€ฆ). Make sure that you fulfill all the compliance rules of such exchanges, and that you fully understand what you are investing in (see the starting disclaimer). Follow the steps suggested on the app, which is supposed to guide you through the following steps.

  2. Here are the official tutorials from the top centralized exchanges to create your account : WE DO NOT HAVE ANY PARTNERSHIP WITH THESE EXCHANGES. Click on the name to access the tutorial:

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3. Fund Your Centralized Exchange Account: Deposit fiat currency (e.g., USD, EUR) or purchase cryptocurrencies using your bank account or debit/credit card. Here are the official tutorials :

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4. In order to use Lobster Protocol, you will need Ether (ETH), you can follow these detailed tutorials to buy your first Ether :

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5. Great! You now have cryptos on a centralized exchange, you can continue in order to create your first non-custodial wallet.

๐Ÿ‘‹
Binance
Coinbase
Kraken
Binance
Coinbase
Kraken
Binance
Coinbase
Kraken