“How to buy Saitama Inu” is one of the most searched queries at the moment as folks question how they can get their hands on one of the newest dog-themed tokens. Shiba Inu has replaced Dogecoin as the dominant cryptocurrency. Saitama might succeed as the next dog king or queen. Only time will tell.
Just like Dogecoin and Shiba Inu, Saitama is a meme token, so keep that in mind. In other words, it doesn’t have intrinsic worth or utility, but it’s becoming more popular as a result of social media chatter and its fervent following. There are a few restrictions you need to be aware of before purchasing Saitama.
What Is Saitama Inu (saitama)?
The Ethereum blockchain serves as the foundation for SAITAMA, an ERC-20 token. It asserts to be a value store with safeguards in place to preserve this value. To maintain the token’s value, for instance, 2% of each transaction involves burning tokens. Although in theory this ought to help keep prices stable, it hasn’t shown to work in practice. It also has “anti-whale” procedures, meaning it hopes to prevent large investors from drastically affecting the price of the token. The functionality of this feature is still a bit hazy. The majority of the time, all of these memecoin features do nothing more than serve as interesting talking points for the story. With coins like Saitama Inu, the meme and its ability to proliferate are the only real drivers of success. The likelihood that the coin’s price will rise is high if it is successfully marketed and gains popularity.
It aims to provide more DeFi features than other memecoins. This essentially served as the Shiba Inu playbook. SHIB appeared to benefit greatly from it, but it was probably not the main factor. The significant contribution Vitalik Buterin made to the COVID-Crypto India Relief Fund after receiving 50% of the supply helped SHIB advance, at least in part. The SaitaMask wallet, created by the team, was just recently made available. The wallet is intended to be a more effective way to store cryptocurrency assets. It also plans to introduce a marketplace and an NFT platform. This objective has not yet been accomplished, so the coin’s value is purely speculative. Again, even if Saitama Inu can fulfill these promises, its value is largely reliant on the meme’s continued spread.
Where To Buy Saitama Inu
Consider buying Saitama if you think it will play a significant role in the development of decentralized banking and crypto wealth. It should be easy for you to buy cryptocurrency thanks to a few brokers out there, thankfully. Here are our top picks:
Gemini
One of the most well-known cryptocurrency exchanges on the planet is without a doubt Gemini. On the website, there are popular cryptocurrency pairs that include both major coins with large market caps like Bitcoin and Ether and lesser known ones like Inu Saitama.
A user-friendly, cutting-edge platform for buying and selling digital assets is offered by Gemini, which supports over 100 cryptoassets. The broker also provides its trust wallet as one of its distinctive features. The cryptocurrency that is stored in these software wallets may be kept separate from other digital assets, such as NFTs.
Gemini provides a multi-platform approach as well. If you prefer trading on a mobile device, the broker offers fantastic iOS and Android software. For those looking to invest in complex cryptocurrency trading, such as CFD derivatives, there is also a desktop interface. The low gas prices and other social trading features of Gemini are also well-known, and these features should be advantageous to both beginning and seasoned traders.
Binance
According to market capitalization, Binance is the biggest cryptocurrency exchange on the planet. In addition to currency pairings, Binance also provides a range of distinctive services like futures and other CFD derivatives. Despite the fact that the Binance community deals in a lot of cryptocurrency, US users cannot immediately access it.
Instead, US-based cryptocurrency investors must use Binance US, a division of Binance but a different exchange. You’ll also gain from low fees on all traded currency pairs, a quick and easy interface, and cutting-edge security.
The exchange also offers a thorough learner’s program to help new users learn about a variety of topics, including how to protect cryptocurrency assets using hardware wallets and other techniques. If you’re looking for a trustworthy exchange to buy Saitama on, Binance should be at the top of your list.
Coinbase
For a good reason, Coinbase is regarded as one of the best exchanges for newcomers. A few minutes are needed to create an account and link your wallet. The exchange also offers detailed, step-by-step instructions for how to do it. You can also exchange Saitama for a number of different currencies.
Over 100 countries are represented on Coinbase’s global platform. As a result, it should be more widely available than other exchanges, according to this. To help you manage your money and other crypto assets, you also receive a number of tools. As part of its educational program for beginning traders, Coinbase has done a fantastic job of creating exclusive content.
Indeed, by simply learning how your preferred cryptocurrency functions, you can earn bitcoin incentives through the exchange. Additionally, the prizes are accessible and storable in your hardware wallet at any time. The fee structure on Coinbase is not very clear, which is its only drawback. On the other hand, those who transact frequently tend to pay lower service fees, such as the gas surcharge for the Ethereum network.
Crypto.com
Since its founding in 2016, one of the most reputable community-run businesses in the cryptocurrency exchange industry has grown to be called Crypto.com. The platform is renowned for its high-tech security features.
For instance, before being transferred to the funded crypto brokerage account, all deposits are routinely screened. To make sure that nothing is left to chance, frequent audits of the entire Crypto.com system are also carried out. Additionally, you can buy a variety of currencies to open up wealth-building opportunities.
The exchange additionally offers a mobile app for managing your assets while on the go and a robust trading platform. Additionally, although Crypto.com has its own wallet, it might be connected to other wallets as well, like the Metamask wallet. As a result, fees are extremely low, especially for cryptocurrency traders who engage in massive-volume trading.
How To Buy Saitama Inu (Saitama)
You might be curious to find out how to purchase Saitama Inu now that you are familiar with SAITAMA’s mission and foundation. Since the token is an ERC-20 token, buying it is fortunately not too difficult. However, it involves a little bit more than just purchasing one of the most well-liked tokens, such as Ethereum.
- Register for an online account. You must create an online account before you can purchase SAITAMA. In this way, you can purchase tokens and use them to trade for SAITAMA. While there are many exchanges where you can buy cryptocurrency, a select few stand out for their user-friendliness, security, and commitment to education. While significant exchanges like Coinbase, eToro, and Voyager don’t offer Saitama, you can buy ETH and transfer it to a wallet to buy Saitama on Uniswap. These marketplaces are incredibly user-friendly and support a wide range of tokens. You’ll need a password and an email address to register. The brokerage might also ask for some fundamental personal data due to know your customer (KYC) regulations. After that, you are prepared to start purchasing cryptocurrency and can fund your account with an ACH or credit transfer.
- Purchase or download a cryptocurrency wallet. You must use a decentralized exchange like Uniswap to purchase SAITAMA because you cannot do so directly from a cryptocurrency brokerage. To make transactions easier, exchanges use wallets. Separate from an exchange or brokerage, a wallet is where cryptocurrency is kept.
In addition to ERC-20 tokens, MetaMask is a software wallet. You only need to create a password in order to create a MetaMask account. Your wallet address, which is typically a lengthy string of numbers and letters, will then be given to you. Although software wallets may be simpler to use, they do not provide the same level of security as hardware wallets. - Make your purchase. Once you understand how to purchase Saitama Inu and have a wallet, you can send cryptocurrency from your cryptocurrency brokerage account to your wallet. To do this, navigate to your investment on the brokerage and hit “Trade” and then “Send.” Send the cryptocurrency by entering the address from your Ledger or MetaMask wallet.
Then you can link your wallet to either the Uniswap or Gate.io exchange. To complete the trade, navigate to the abandoned SAITAMA and other cryptocurrency pair. Your Saitama will then be kept in your wallet following this.
Saitama Inu Staking
By supplying liquidity to decentralized exchanges, you can only earn a yield when you stake your SAITAMA tokens. To earn 0.25% in trading fees on the SushiSwap DEX, it is advised that you provide liquidity to the SAITAMA/ETH pair.
From staking their tokens on DEXs like SushiSwap, we project that liquidity providers on SAITAMA/ETH make about 52% APY.
To calculate your rewards for providing liquidity with SAITAMA, use our Saitama Inu Staking Calculator.
Saitama Inu Price Prediction
Since no products are currently available that provide cashflows or utility value, the SAITAMA token is only used for speculation. The Saitama Inu team does note on their roadmap that these cashflows will be real in future after the release of their NFT platform, but they haven’t really made any headway yet.
Trezor
In the world of hardware wallets, Trezor is considered a pioneer. Since it combines top-notch security with an intuitive user interface and compatibility with other desktop wallets, it is ideal for both beginners and experts. The company has gained the community’s trust over time in bitcoin. The two primary Trezor models with an integrated touch screen are the Trezor One and Trezor Model T.
Ledger
Customers who want to manage their money more securely and effectively can purchase Ledger’s cold storage wallets. Their wallets are actual objects that you can physically connect to your computer. The device must be connected in order to send bitcoin. The company’s selection of Bluetooth-enabled hardware wallets includes the Ledger Nano S and the Ledger Nano X.
Conclusion
In the current crypto markets, Saitama Inu is primarily a speculative coin. It is heavily reliant on buzz and hasn’t revealed many new features. If it starts to provide useful features and contribute to the token, the token’s value might increase. The majority of these features, however, are still under development. Additionally, the market for cryptocurrencies is unstable. You must comprehend that Saitama Inu has its own set of risks, just like any other cryptocurrency.