One of the major mile stone for Saitama Is their Saitamask wallet where you can directly purchase the Token. But the token is also purchasable through other platforms as well.
Want to jump straight to the answer? To buy SAITAMA you’ll need to purchase ETH on eToro and swap your ETH for Saitama Inu on Uniswap.
Disclosure: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.
Saitama Inu is yet another memecoin made in 2021 thanks to the dog coin frenzy sparked by Elon Musk. It’s hoping to make crypto safe and accessible for all, but does it actually have the capabilities to do so? Since its peak, Saitama Inu is down alongside most other memecoins –– is this capitulation, or has the dog coin bubble burst?
What is Saitama Inu (SAITAMA)?
SAITAMA is an ERC-20 token, meaning it is based on the Ethereum blockchain. It claims to be a store of value with protections in place to protect this value. For example, 2% of every token transaction is burned in order to retain the token’s value. While in theory this should help maintain price, it hasn’t proved 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. However, this feature is not fully functional and remains unclear.
The token hopes to offer more DeFi features than other memecoins. The team recently launched its own cryptocurrency wallet, called SaitaMask wallet. The wallet is supposed to be a more efficient way to store crypto holdings. It is also hoping to unveil a marketplace and NFT platform. However, this goal has yet to be achieved, making the coin’s value purely speculation.
Brief History of Saitama Inu (SAITAMA)
SAITAMA began trading in May 2021. The anonymous creator abandoned the project shortly after its release due to personal reasons, and YouTuber Steve@RocketCrypto now leads the project. The token is currently up over 157,000% since its inception with highs in late September. It is currently trading around $0.000000007.
How to Buy Saitama Inu (SAITAMA)
Now that you understand the basics of SAITAMA and its vision, you may be interested in buying some of your own. Fortunately, purchasing the token is fairly easy as it is an ERC-20.
- Open an online account.
To buy SAITAMA, you first will need an online account. This way you can buy tokens and use them on an exchange to obtain SAITAMA. While there are many exchanges to buy crypto on, there are a handful that stand out for their ease of use, security and focus on education.
While large exchanges like Coinbase, eToro and Voyager don’t offer Saitama, you can purchase ETH and transfer it to a wallet to purchase Saitama on Uniswap. These exchanges support a variety of tokens and are very easy to use. To sign up, you will need an email and password. Due to know your customer (KYC) laws, the brokerage may also require some basic personal information. After that, you can fund your account with an ACH or credit transfer, and you are ready to begin buying crypto.
- Buy or download a crypto wallet.
Because you cannot buy SAITAMA directly from a crypto brokerage, you will have to do so on a decentralized exchange like Uniswap. Exchanges use wallets to facilitate transactions. A wallet is a place to store crypto separate from an exchange or brokerage.
MetaMask is a software wallet that also supports ERC-20 tokens. To make a MetaMask account, all you need is to create a password. You will then be given a wallet address, which is typically a long string of numbers and letters. Software wallets can be easier to use but do not offer the same level of protection as hardware wallets.
- Make your purchase.
Once you have a wallet and a funded crypto brokerage account, you can send crypto from your brokerage account to your wallet. To do this, navigate to your investment on the brokerage and hit “Trade” and then “Send.” Enter in the address from your MetaMask or Ledger wallet and send the crypto.
You can then connect your wallet to the Uniswap or Gate.io exchange. Navigate to the deserted pair of SAITAMA and another crypto and execute the trade. After this, your Saitama will be stored in your wallet.
Best Hardware Wallet For Saitama Inu Tokens
Best Hardware Wallet: Ledger
securely through Ledger Hardware Wallet’s
website
Best For
- ERC-20 tokens
- All experience levels
- Easy to set up and use
- Supports more than 1,500 different digital assets
- Tamper proof
- Portable
- Long-lasting battery
- Bluetooth connectivity features
Ledger is a hardware wallet that supports all ERC-20 tokens. It is a physical device that stores the keys to your crypto wallet. Hardware wallets are arguably the safest way to store crypto.
Ledger currently offers 2 models: the Ledger Nano S and Ledger Nano X. The Nano S is more beginner-friendly and offers mostly basic features. The Nano X is designed for more advanced users and offers features such as more storage space.
Tip:
Keep an eye out for the release of Saitama Inu’s marketplace and NFT platform. These features may attract attention and increase the hype.
Trade, Sell or Convert your Saitama Inu (SAITAMA)
To convert your SAITAMA, navigate back to the exchange and select the pair of the desired currency and SAITAMA. Execute the trade and you should have the desired crypto back in your wallet.
To sell, you can send the supported crypto back to the brokerage and sell it for fiat (USD) or hold it. Here’s some of the best exchanges to buy Ethereum to fund your metamask wallet with:
securely through eToro’s
website
Disclosure: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.
Best For
- U.S. based cryptocurrency traders
- Investors looking to CopyTrade other traders
- Simple user interface
- Several major cryptocurrencies and altcoins
- Expansive network of social trading features
- Large client base for new traders to imitate
Best For
- Active traders
- Intermediate traders
- No charges to open and maintain an account
- No account maintenance fees or software platform fees
- Intuitive trading platform with technical and fundamental analysis tools
Best For
- Cryptocurrency investors looking for a wide selection of supported projects.
- Investors who prefer mobile trading.
- Anyone interested in earning interest on their crypto investments.
- Simple, straightforward and intuitive mobile platform
- Wealth of investment opportunities
- Allows users to earn interest on select crypto investments
- Only available for mobile users — no desktop platform
- Limited routes to contact customer service team
Is Saitama Inu (SAITAMA) a Good Investment?
Saitama Inu is a mostly speculative coin as of right now. It has not shown many new features and is mostly riding on hype. If it can begin to release features that are useful and add to the token, the value may rise. However, most of these features are still in development.
