The Ultimate Guide to Banano. How To Buy Banano (BAN), Get Free BAN, & All Things BAN.

The Ultimate Guide to Banano. How To Buy Banano (BAN), Get Free BAN, & All Things BAN.

Exchanges \ Wallets Tips & Tricks
May 6, 2021 by DanCurranJr
2003
Banano? Seriously? I am very cautious about strange new coins, but I am having a lot of fun with BAN. I think it has the potential to grow in value, but what I REALLY like is that you can get free tokens by supporting Folding@Home.  So, Yup – Banano. Here is the chart. Let’s talk
Banano

Banano? Seriously?

I am very cautious about strange new coins, but I am having a lot of fun with BAN. I think it has the potential to grow in value, but what I REALLY like is that you can get free tokens by supporting Folding@Home. 

So, Yup – Banano. Here is the chart. Let’s talk about it.

Folding@Home (FAH or F@H) is a distributed computing project aimed to help scientists develop new therapeutics for a variety of diseases by the means of simulating protein dynamics. This includes the process of protein folding and the movements of proteins and is reliant on simulations run on volunteers’ personal computers.

Essentially, you get the FAH software and your computer becomes a part of a larger network that becomes a super-computer helping small labs around the world solve problems. Cancer Research, Covid-19, and a bunch of other research. Read the Wikipedia Entry and I know you will want to be involved.

So you can earn BAN by running FAH, that’s the way I do it. But, you can also purchase BAN, more on that below.

Banano Basics

    • Banano (BAN) is a fork of the cryptocurrency NANO and was started in April 2018.
    • Banano has next-generation tech, free and fair distribution, and a weirdly fun community.
    • Using Banano is intuitive and easy. Transactions are feeless and instant.
    • Banano utilizes a novel DAG (Directed Acyclic Graph) based architecture, where each user possesses his own blockchain.
    • Official website: Banano.cc | Official Banano Blog

Get a Wallet to Store Your Banano

Install Kalium (mobile wallet for Android or iOS) – and now you have a wallet.

You can also create an online wallet online at BananoVault – But I recommend Kalium for a number of reasons I won’t get into

Your address should look like this:  ban_3giucfuwpwi5k8za8epyixpapybpg6oq6tyhfaj57d7haafnic4wgbjsmmhr

Get Some Free Banano To Test The Water

To date, the easiest ways to get free BAN (Just enter your address) are:

Research and Directions for BananoBust

      • BananoBust – The folks from the Banano Subreddit pointed out that you can get .03 BAN (a Banoshi) every hour without gambling. I was able to claim my first .03 but the interface is a little confusing and I haven’t been able to get any more.
        • So far I can log in, click on my username, see the “Get Free Banoshi”

But when I follow that link I get this screen with no free Banoshi:

That was confusing – But!

 SherbertSavings287 pointed out: 

You get 0.03 ban hourly. You can only claim it if you have 0 balance, so each time you claim from the faucet, just withdraw it immediately to your wallet. Then you get 0.03 after 1 hour again. It’s not necessary to bet.

So based on that info I tried to withdraw my 3 Banoshi:

Progress!  – But I got this error after I hit SUBMIT (Sad Trombone):

Stand By! Figuring it out! . . . . And Progress! 

The next day I can see the withdrawal actually came through so who knows what the error was all about.

And then I was able to click on PLAY NOW and the option to claim .03 BAN came up, Clicked it, and was immediately able to withdraw it this time I see:

So it looks like BananoBust is a legit faucet! I am not a fan of the gambling aspect but to each their own!

Work For It! Folding@Home

Where other crypto-enthusiasts HODL.  We FODL
“FODL” – Copyright 2021 – ME!

Once you have your Kalium wallet set up go to the Banano Miner page and enter your address. You will get two settings to plug into the F@H software:

After you download the F@H software use your User ID and Team ID to get free BAN for running the software.

Also, get a Passkey (just follow the directions) as you get extra BAN if you do so.

Once the F@H software is running you’ll be able to check your settings and make adjustments via the software on your PC, from this website interface,  and from Monkey2Monkey (Enter your User Id, not your wallet address)

How To Buy Banano

I am not cheerleading buying the coin, it’s a moonshot, I like getting it for free, but if you feel the need to:

      1. Create an Account at CoinEx
        As this is a Chinese company I DO NOT recommend adding the app to your phone, I haven’t read the TOS (Terms of Service), but I am not a fan of adding Chinese apps to my phone. (Looking at you Tik Tok! )
      2. Use whatever Exchange you are comfortable with such as VoyagerBlockFiBinanceKuCoin, or Coinbase.
      3. Buy ALGO or exchange another token for ALGO
      4. Send the ALGO to your CoinEx account
      5. Exchange your ALGO for USDT.
      6. Exchange your USDT for BAN
      7. Send your BAN from CoinEx to your Kalium Wallet

Enjoy your sweet, sweet potassium.

How Many Banano Do I have?

You can easily see your Banano wallet balance by checking it here

Tip Banano in Reddit!

All setup?  Fun fact! There is a Banano SubReddit and you can tip people!

This Github page gives you the directions and terminology, but basically

To get started with Banano Tipper, either:

A) Create an account by sending a message to /u/banano_tipbot with ‘create’ or ‘register’ in the message body. You will receive a Banano address, to which you can add Banano*.

-or-

B) Receive a Banano tip from a fellow redditor, and you will automatically have an account made! be sure to activate it afterwards by sending a message to /u/banano_tipbot. Once you have funds in your account, you can tip other redditors, or send to any banano address via PM to /u/banano_tipbot.

Looks like this in action:

 

Key Reddit TipBot Commands

      • DM register to get an account address
      • DM address to see your account address
      • DM balance to retrieve your current balance
      • Comment !ban 100on the Banano subreddit to tip 100 BANANO to the author of post or comment.
      • Comment /u/banano_tipbot 200on any subreddit to tip 200 BANANO to the author of the post or comment.
      • Comment /u/banano_tipbot 40 /u/dancurranjr – on any subreddit to tip 40 BANANO to a user.
      • To send BAN from Reddit to your Wallet (Kalium, etc) -Type  send 7 ban_3giucfuwpwi5k8za8epyixpapybpg6oq6tyhfaj57d7haafnic4wgbjsmmhr
send <amount> <address>

Example to send 200 BANANO:

send 200 ban_3giucfuwpwi5k8za8epyixpapybpg6oq6tyhfaj57d7haafnic4wgbjsmmhr

Swap Reddit MOON for BAN and Vice Versa

Kuyumcu is a cryptocurrency Atomic Swap Service.

It allows you to exchange Moon to Banano and vice-versa. The balance will be available in your personal wallet instantly.

There are no transaction fees. Transactions are carried out at the current exchange rate of Kuyumcu, which can be seen on the buy/sell buttons and on the deposit page.

More info is available on their FAQ Page.

What is a Reddit MOON You Ask?

Moons are a way for people to be rewarded for their contributions to r/CryptoCurrency.

Claim your Moons in the new Vault section of the Reddit iOS or Android app – won’t work on the website – has to be the mobile app.

They represent ownership in the subreddit, they are tokens on the Ethereum blockchain controlled entirely by you, and they can be freely transferred, tipped, and spent in r/CryptoCurrency.

Moons are distributed monthly based on individual contributions (comments, posts, etc.) that people make in r/CryptoCurrency. Reddit karma provides a basis for measuring people’s contributions, but the final decision is up to the community.

Full details here

What is the Deal With wBan Wrapped Banano?

In June of 2021 Wrapped Banano (wBan) hit the scene. See What are Wrapped Tokens for more info

I am working on step-by-step directions with a few reditors, in the meantime, this is a good video I was sent from a fellow Monkee – AnthraxBite

Final Thought. Your Thoughts?

There are a lot of shitcoins out there.

Banano is fun and it will be interesting to watch it grow and evolve.

I love the Folding at Home aspect. The community around the coin is growing as are the various websites and services.

What do you think? Comment below!

And Send Me Some Tasty Bananos!

ban_3giucfuwpwi5k8za8epyixpapybpg6oq6tyhfaj57d7haafnic4wgbjsmmhr

Helpful? Useful? Enlightening?

Please consider making a small donation to CoinTutor.org. Any little bit helps the articles keep coming and the forums running. Pick a coin below, donate, and Thank You!

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