How to Buy Saitama Inu Quickly and Easily

If you want to learn how to buy Saitama Inu, you’re in the right place. As a deflationary currency, Saitama Inu increases in value with each transaction. Saitama Inu is implementing a redistribution scheme to curb inflation. 4 percent of the entire transaction value is given to holders as a reward. Locked liquidity and anti-whale contracts accounted for the destruction of about 49% of the coins. This article will guide you on how to buy Saitama Inu in the most straightforward way.

What is Saitama Inu?

Saitama Inu was created with the assistance of the Ethereum blockchain as an ERC-20 token. It has safeguards to maintain its value. For example, the token’s value is stabilized by “burning” 2% of each transaction involving the token. It’s theoretically possible, but it hasn’t worked out that way in reality. “Whales” are protected from significantly influencing the token’s price by measures that the creators have put into place. However, this feature is only partially functional, and its purpose has yet to be determined.

With the correct promotion, the creators hoped to develop a successful token to reward individuals who invested their money in it. It is possible for people with little means to make a significant impact in their life by making the best use of what they have. Trading enthusiasts, cryptocurrency enthusiasts, and the general public may utilize Saitama, an Ethereum-based digital currency, payment system, and financial system. It was created by the Saitama Foundation and is built on top of the Ethereum network (ERC-20).

SAITAMA’s Originators

It is unclear who created Saitama or many of the other meme currencies. According to the whitepaper, it was produced in May 2021, but the individual who made it had to give up the project due to personal issues. It wasn’t until other individuals decided the aim was valuable and worth pursuing that the project came to fruition. The project is currently owned by RocketCrypto. As of this writing, his YouTube channel has 56,000 followers. His team has grown to include six additional people, who have been given official titles on the project’s website.

Compared to previous meme money, this currency looks more like DeFi. In the recent past, SaitaMask developed a. A wallet is by far the most practical method of storing cryptocurrency. NFT platforms and markets are also in the works. But the coin’s worth is still in doubt since nothing has been done to achieve these objectives. Before going into how to buy Saitama Inu, first, let’s cover where to buy Saitama Inu.

Where to Buy Saitama Inu?

The following are the top five Saitama-supporting exchanges, as determined by CoinMarketCap:

• Gate.io
• Poloniex
• Uniswap
• MEXC
• LBank

1.   Gate.io

It’s preferable to use Gate.io to acquire SAITAMA. Gate.io is a trustworthy cryptocurrency exchange with a daily trading volume of over $1 billion (approaching $2bn) and a trust score of 10. The crypto exchange debuted in 2013 and has become a dependable crypto platform with many registered users and offers most of the mainstream coins as well as altcoins.

The safest way is to keep your SAITAMA tokens in a secure crypto wallet, however, the SaitaMask wallet isn’t ready. Meanwhile, you may utilize Gate.io’s exchange wallet or a cryptocurrency hardware wallet.

2.   Poloniex

SAITAMA can also be purchased on the Poloniex crypto market. However, its supply and liquidity are substantially smaller than on other exchanges. Because of its track record in the crypto industry, Poloniex is a reliable exchange. After starting in the US and attempting to enter the EU, this crypto-to-crypto trading platform is considered secure for its consumers.

3.   Uniswap

To swap tokens, Uniswap utilizes an automated market maker (AMM) approach in which users trade against a liquidity pool. Saitama (SAITAMA) may be purchased here. However, it is mainly for sophisticated users since this exchange is decentralized, and you are responsible for any losses should you make a mistake. Decentralized exchanges are not the best option when learning how to buy Saitama Inu. Gate.io is a better option.

4.   MEXC

MEXC is a legitimate crypto exchange that offers ETH indices, has an easy-to-use mobile app, and supports many other digital currencies. However, several people have expressed doubts about the group members’ integrity.

5.   LBank

When it comes to acquiring SAITAMA, LBank is a reputable crypto exchange to use. Even if it isn’t the top exchange, it is the most user-friendly exchange to purchase Saitama.

How to Buy Saitama Inu on Gate.io

1.   Open Trading Account on Gate.io

To begin, open a trading account on any cryptocurrency exchange that offers Saitama Inu, such as Gate.io.

You will need to submit certain personal information during the registration process. This information includes your full name, email address, and password. You may be required to go through the Know Your Customer (KYC) procedures before purchasing Saitama Inu on some exchanges. This conduct is more likely to take place on regulated and licensed exchanges.

2.   Deposit Funds into the Newly Established Account

Many cryptocurrency exchanges will allow you to purchase Saitama using fiat currencies like Euros, Australian Dollars, or US Dollars, among others. Furthermore, it will give you a range of deposit alternatives for filling up your fiat account. Credit cards, debit cards, bank transfers, and electronic wallets are available alternatives. A credit card payment will incur more costs than a check or money order. Before depositing fiat cash into your bank account through the exchange, you should check the fees associated with each payment method. This will assist you in avoiding unwanted fees later on.

3.   Purchase Saitama Inu

Almost every cryptocurrency transaction is carried out using the same method. Using the search box or the navigation bar, you may look for Saitama Inu or trade combinations involving Saitama Inu. Find the area where you can look up Saitama Inu (SAITAMA), and then enter the amount of money or cryptocurrency you wish to spend. You may purchase a Saitama Inu by following these instructions. The cryptocurrency exchange will determine the worth of Saitama Inu depending on the current exchange rates. Before you commit to purchasing anything, double-check that the transaction details and total amount are correct. Although many cryptocurrency exchanges provide their software wallets for storing your money, you may also create your wallet from scratch or purchase any hardware wallet to ensure security.

How to Buy Saitama Inu on Coinbase

Other than the above methods of buying Saitama Inu, there is also an alternative way to get it through Coinbase exchange. The only way to acquire Saitama Inu from the Coinbase exchange is to buy Ethereum (ETH) first and then spend that ETH to purchase Saitama Inu. You’ll need a self-custody wallet to do this. Using Coinbase Wallet for US citizens, you can acquire Saitama Inu with the below steps.

1.   Download the Coinbase Wallet

To buy Saitama Inu, you’ll need a wallet you own, like Coinbase Wallet. Mobile and browser extensions are also available for the Coinbase Wallet.

2.   Choose a Coinbase Wallet Username

Choosing a username is an essential step in getting started with Coinbase Wallet. Coinbase Wallet users may transfer their crypto using this login. You will limit access to your account if you don’t use a username.

3.   Keep your recovery phrase in a safe place.

You’ll be issued a 12-word recovery phrase when establishing a new self-custody wallet. In other words, no one else can get into your crypto if you have a recovery phrase. Keep your recovery phrase a secret at all times. Coinbase Wallet’s cloud backup option, writing them down, and keeping them secured is highly recommended.

Don’t forget to keep your recovery phrase a secret. Never provide your recovery phrase to Coinbase. Even if you’ve forgotten your recovery phrase, Coinbase won’t be able to aid you.

4.   Plan for Ethereum network costs

Fees to use the Ethereum network can be high, depending on the amount of cryptocurrency you’re transferring. Be sure to budget for any costs that may arise.

5.   Purchase Ethereum (ETH) and send it to your Coinbase wallet

A Coinbase account is required if you want to purchase Ethereum (ETH). You may use the Chrome extension or the mobile app to send ETH to your Coinbase Wallet. The process changes depending on which method you choose to do so.

6.   Purchase Saitama Inu using ETH through the trading tab.

It’s possible to buy Saitama Inu with Coinbase Wallet on your mobile phone. Select the Coinbase Wallet App Image. Then choose “Trade” from the drop-down menu, and you’ll be able to exchange your ETH for any ERC-20 tokens that operate on the Ethereum network. Select Saitama Inu by pressing “choose coin.” Enter the desired exchange rate for Saitama Inu in ETH. Consider transaction fees while budgeting. The last step is to confirm your purchase and follow the on-screen instructions.

Tap the “Convert” button if you have the Coinbase Wallet plugin installed. Enter how much ETH you’d want to trade for Saitama in the search bar. Consider transaction fees while budgeting. The last step is to confirm your purchase and follow the on-screen instructions.

Conclusion

That’s all for how to buy Saitama Inu. There is now a lot of speculation over Saitama Inu. New features haven’t been released; thus, how high it goes depends primarily on the hype. The value may rise if the token can begin to provide valuable features and contribute to the token. Most of these features are still under development, though.

Furthermore, the cryptocurrency market is quite volatile. Like any other cryptocurrency, Saitama Inu has its risks, and you should be the judge of them. You should only make investments if you’re willing to accept the risks and losses resulting from your investments. In addition to the earlier exchanges, Saitama Inu may now be found on a slew of lesser-known exchanges, including LBank, BitMart, MEXC, and XT.COM.

Frequently Asked Questions