Saitama Inu (SAITAMA) is an entirely deflationary token that increases in value with each transaction. A redistribution scheme is one of Saitama’s deflationary mechanisms. Holders receive 4% of each transaction in the form of incentives. Lock liquidity and Anti-Whale Coded Contracts were among the 49% of tokens burnt.
Saitama Inu is an ERC-20 token, which means it is built on Ethereum’s blockchain. It promises to be valuable storage with safeguards in place to safeguard that value. For example, 2% of every token transaction is burnt to maintain the token’s value. While this should help keep prices stable, it hasn’t worked in practice. It also has “anti-whale” mechanisms in place, aiming to prevent huge investors from significantly impacting the token’s price. This feature, however, is not entirely functioning, and its purpose is unknown.
They intended to build a secure token that people could invest in, one that, with proper marketing, would take off and generate wealth for those who back it. People who don’t have much can support what they have and transform it into a sum that can alter their lives. Some people live in secure nations, but some do not; there is hope that safe initiatives like this can be implemented and develop proprietary content.
As a proponent of renewable energy, this is proof of commitment. The developers hope that this effort, and others like it, can serve as a springboard for global change.
All social media accounts, connections, and other data will be locked in when you relinquish ownership. Saitama will become a community drive owner-free project once rejected.
Saitama is a means for traders, crypto aficionados, and regular people, in general, to transact as currency, payment, and monetary system as a whole, thanks to its Ethereum architecture (ERC-20).
Saitama’s creator is anonymous, as with other meme currencies. According to its whitepaper, it was founded in May 2021 with the objective mentioned above, but the founder had to relinquish control of the project due to personal problems. However, a group of people who believed the aim was essential and worthwhile took up the project and proceeded to develop it. Steve@RocketCrypto, a crypto YouTuber with over 56,000 subscribers, is now in charge of the project. Six more people have joined him, all of whom have been doxxed on the project website.
Other meme coins may not have as many DeFi features as this token. The team just created the SaitaMask cryptocurrency wallet. The wallet is a more efficient means of storing cryptocurrency assets. It also intends to introduce a marketplace and an NFT platform. However, because this aim has yet to be met, the coin’s worth is speculative.
Where to Buy Saitama Inu
If you believe Saitama has a bright future in decentralized banking and crypto wealth generation, you should consider purchasing it. Fortunately, a few brokers out there should make purchasing cryptocurrency simple for you. Here are our top picks:
Binance is the world’s largest cryptocurrency exchange by market capitalization. Binance offers a variety of unique services in addition to currency pairings, such as futures and other CFD derivatives. However, even though the Binance community transacts a large amount of cryptocurrency, it is not immediately available to US users.
Instead, crypto investors in the United States must utilize Binance US, a subsidiary of Binance but a different exchange. You’ll also benefit from minimal costs on all traded currency pairings, a quick and simple interface, and cutting-edge security.
The exchange also features a thorough learner’s program that assists new users in learning about various topics, including how to safeguard crypto assets using hardware wallets and other methods. Binance needs to be at the top of your list if you want to purchase Saitama on a reliable exchange.
Gemini is, without a doubt, one of the most well-known cryptocurrency exchanges on the planet. Major cryptocurrency pairs are available on the site, including significant market cap currencies like Bitcoin and Ether and minor ones such as Inu Saitama.
Gemini supports over 100 crypto-assets and provides a user-friendly, cutting-edge platform for buying and selling digital assets. Other unique features offered by the broker include its trust wallet. These software wallets may store cryptocurrency separately from other digital assets such as NFTs.
Gemini also offers a multi-platform strategy. The broker provides excellent iOS and Android software if you prefer mobile trading. There’s also a desktop interface for those looking to build money through complex crypto trading, such as CFD derivatives. Gemini is also noted for its low gas costs and other social trading capabilities, which should benefit both novice and experienced traders.
Coinbase is regarded as one of the most OK exchanges for beginners for a good reason. Setting up an account and linking your wallet takes a few minutes. The exchange also includes extensive, step-by-step guidelines for doing so. You may also exchange a variety of currencies, including Saitama.
Coinbase is a worldwide platform with over 100 countries covered. This implies that, compared to other exchanges, it should be accessible to many individuals. You also get several tools to assist you in managing your money and other crypto assets. Coinbase has also done an excellent job generating exclusive content as part of its instructional program for new traders.
Indeed, the exchange allows you to earn bitcoin incentives simply by studying how your chosen cryptocurrency works. Moreover, the prizes can be collected and saved at any moment in your hardware wallet. The one disadvantage of Coinbase is that its fee structure is not very obvious. People who trade in significant numbers, on the other hand, tend to pay lower service costs, which include the Ethereum network gas tax.
Crypto.com was founded in 2016 and has since evolved to become one of the most reputable community-run businesses in the crypto exchange sector. The platform is well-known for its advanced security capabilities.
For example, all deposits are screened regularly before being sent to the funded crypto brokerage account. In addition, frequent audits of the whole Crypto.com system are performed to ensure that nothing is left to chance. You may also purchase a wide range of currencies to create wealth opportunities.
The exchange also provides a powerful trading platform and a mobile app for managing your assets on the road. In addition, while Crypto.com has its wallet, it may be linked to other wallets, such as the Metamask wallet. As a result, fees are very inexpensive, especially for cryptocurrency dealers who trade in huge volumes.
How to Buy Saitama Inu Step-by-Step
Step 1: Open an account on a Saitama-approved exchange
First, create an account on a cryptocurrency exchange that accepts Saitama (SAITAMA), like Gate.io or MEXC.
To join up, you’ll need to provide some basic information, such as your email address, password, complete name, and, in certain situations, a phone number or location.
To acquire cryptocurrencies on some exchanges, you may be required to undergo a Know Your Customer (KYC) procedure. This is most often the case with exchanges that are licensed and regulated.
Step 2: Deposit funds into your account
You can buy Saitama (SAITAMA) with fiat currencies like EUR, USD, AUD, and others on several cryptocurrency exchanges. They will also present you with various deposit options for funding your fiat account, including credit and debit cards, eWallets, and direct bank transfers.
Some payment options, such as credit card payments, will have higher costs than others. To prevent incurring extra fees, research the fees associated with each payment option before filling your fiat account on your preferred exchange.
Step 3: Trade SAITAMA
Almost single Bitcoin trade follows the same procedure. First, search for Saitama (SAITAMA) or Saitama (SAITAMA) trading pairs using a navigation bar or a search bar. Then, look for the part that allows you to purchase Saitama (SAITAMA) and input the quantity of cryptocurrency or fiat money you wish to spend on Saitama Inu (SAITAMA) (SAITAMA). Then, based on the current market rate, the exchange will determine the equivalent amount of Saitama (SAITAMA).
Always double-check your transaction information before confirming the transaction, such as the number of Saitama (SAITAMA) you will be purchasing and the overall cost of the purchase. Furthermore, many cryptocurrency exchanges will provide you with their proprietary software wallet to store your cryptocurrencies; however, you may design your software wallet or purchase a hardware wallet for maximum security.
Alternate ways to buy Saitama Inu (Coinbase)
Step 1: Create an account on a fiat-to-crypto exchange
You must first purchase one of the leading cryptocurrencies, such as Ethereum (ETH). We’ll go through Uphold.com and Coinbase, two of the most popular fiat-to-crypto exchanges, in-depth in this post. Both exchanges have individual fee policies and features, which we’ll go over in-depth. It is suggested that you test both of them and choose which one best matches your needs.
Step 2: Purchase ETH using fiat currency.
Once you’ve completed the KYC procedure, you’ll be prompted to provide a payment method. You can use a credit/debit card or a bank transfer here. You will pay a higher cost when you use a credit card, but you can make a transaction right away. While a bank transfer is less expensive but takes longer, certain nations provide low-cost, quick cash deposits depending on your place of residency.
Step 3: Send Ethereum to an Altcoin Exchange (Gate.io)
We’re not finished yet; because Saitama is an altcoin, we’ll need to move our ETH to an exchange where Saitama can be exchanged; in this case, we’ll utilize Gate.io. Gate.io is a prominent alternative currency exchange with various tradable cryptocurrency pairs. To create a new account, go to the website and register an account first.
Gate.io is a cryptocurrency exchange founded in the United States in 2017. Because the exchange is based in the United States, US investors may trade here, and we suggest that US traders sign up. Both English and Chinese versions of the dialogue are accessible (the latter being very helpful for Chinese investors). Gate.io’s key selling point is its large number of trading pairs.
The majority of the new cryptocurrencies may be found here. The trade volume on Gate.io is likewise outstanding. Almost every day, it is one of the top 20 exchanges in terms of trade volume. Daily, the trade volume is around USD 100 million. In addition, USDT (Tether) is generally one of the top 10 trading pairs on Gate.io in terms of the trading volume.
In conclusion, Gate.io’s large variety of trading pairs and exceptional liquidity are two of the exchange’s most outstanding features. After going through a similar procedure to what we did with Coinbase, you’ll be prompted to set up 2FA authentication. Do so since it offers additional protection to your account.
Step 4: Fund the exchange using ETH
Depending on the exchange’s requirements, you may be asked to go through another KYC procedure, which might take anywhere from 30 minutes to a few days. However, the procedure should be straightforward. After that, you should have complete access to your exchange wallet.
If this is your first time depositing cryptocurrency, the interface may appear intimidating. Nothing to fret over. It’s essentially the same as a bank transfer. The string of random numbers that says ‘ETH address’ in the box on the right is a unique public address of your ETH wallet at Gate.io, and you may receive ETH by presenting this address to the person sending you the coins. To copy this address to your clipboard, click ‘Copy Address’ or right-click on the complete address and select copy. Next, return to Coinbase, go to the Portfolio page, choose ETH from your asset list, and click the ‘Send’ button on the right.
Paste the wallet address from your clipboard into the Recipient field; double-check that both addresses match for security reasons. For example, it is well known that certain computer spyware may change the text in your clipboard into another wallet address, thereby delivering money to someone else.
To continue, click ‘Send.’ You should immediately receive a confirmation email; click the confirmation link in the email, and your coins will be on their way to Gate.io.
Return to Gate.io and go to your exchange wallets; if you don’t see your deposit here, don’t panic. It’s probably still being authenticated in the blockchain network, so your money should come in a few minutes. Depending on the Ethereum network’s traffic conditions, it might take much longer at peak hours. Once your ETH has arrived, Gate.io should send you a confirmation message. And now you’re finally ready to buy Saitama.
Step 5: Trade SAITAMA
Return to Gate.io and choose ‘Exchange.’ The continually flashing figures may be perplexing, but don’t worry; they are not as complicated as they appear.
There is a search box in the right column; make sure “ETH” is chosen because we are trading ETH to altcoin pair. Click on it and put in “Saitama,” you should see SAITAMA/ETH appear, choose that pair, and a price chart for SAITAMA/ETH should appear in the middle of the page, which is tradable currency pairs.
Below is a box with a green button, “Buy SAITAMA.” Inside the box, select the “Market” option, which is the most straightforward sort of buying order. Then, by clicking on the % buttons, you can either enter your amount or pick what fraction of your deposit you want to spend on the purchase. After you’ve double-checked everything, click “Buy SAITAMA.” Click on it, and you’ve finally purchased Saitama.
Should you buy SAITAMA?
On paper, Saitama appears to be a good investment as a new meme currency that promises several DeFi features. We’ve seen several meme currencies rise to prominence in a short period. Saitama looks to have all of the characteristics of traditional coins, plus the extra benefit of unique new qualities.
Furthermore, these coins are currently being sold at a bargain price. Therefore, the token transaction should not need significant investment. The currency has also attempted to provide a wealth of information about how it works, including a whole Saitama edutainment platform where you can receive all the information you want.
Despite this promise, there are a few concerns to be aware of. To begin with, this is a very new currency, so there is still a lot to learn. Furthermore, several of the coin’s stated features have yet to be implemented. However, as a purely speculative coin, Saitama looks to have enormous growth potential.
- When compared to other meme coins, this one has additional characteristics.
- A large number of coins are in circulation.
- For further protection, it comes with its built-in wallet.
- You may also trade ether with Inu Saitama as part of your crypto investments.
- The cryptocurrency may be purchased on some of the world’s most reputable exchanges.
- Saitama is still considered a risky speculative currency.
- It promised a lot of new features for a meme currency, but not all of them have been realized.
- The coin’s inventors remain unidentified, making it difficult to determine who is behind it.
Best cryptocurrency wallets for holding Saitama
The sort of wallet you choose is determined by several criteria, including:
How frequently do you trade?
Hot wallets are preferable for more active bitcoin traders in general. Thanks to the quick login feature, you may purchase and trade cryptocurrency with only a few clicks and taps. Cold wallets are preferable for people who want to trade less frequently.
What you’re looking to exchange?
As previously stated, not all wallets support all coins. Some of the finest crypto wallets, on the other hand, can trade hundreds of various currencies, offering a universal experience.
Having a genuine cold wallet housed in a safe deposit box at the bank or elsewhere at home is the safest and most secure alternative for people concerned about hacking. Others may be confident in their capacity to safeguard their heated wallets.
How much does it cost?
It’s crucial to look at the prices connected with each wallet. Many hot wallets will be completely free to use. Meanwhile, cold wallets will require money to buy, just like any other piece of hardware.
While the fundamentals of any cryptocurrency wallet are the same, extra features might help distinguish them. This is especially true with hot wallets, which often include comprehensive reporting capabilities, crypto market information, and the option to transfer cryptocurrencies, among other things. In addition, security features might also serve as a competitive advantage.
SaitaMask is a decentralized one-stop store that provides investors with a crypto wallet. Users may purchase, trade, exchange, stake, and move bitcoins using SaitaMask. In addition, Crypto analysis tools and an “edutainment platform” are also included in the software. The SaitaMask wallet was released on January 8 and confirmed as “issue free and hacker resistant” by auditing company CertiK.
How to open SaitaMask Wallet
Search for “SaitaMask” on your device’s app store.
Choose the SaitaMask app and install it.
Select “Register” to create a new account. This is located beneath the “Log in” button.
Enter the name of your wallet and your email address. Create your password next.
The next step is to create a wallet or import an existing one after validating your email address.
Following that, SaitaMask will ask you to establish a six-digit security code. Remember to use this code!
After that, you’ll be given a 12-word phrase to use as an extra layer of security. A “seed phrase” is a 12-word phrase like this. Users are encouraged to jot down their words on the official Saitama YouTube channel. “You will lose access to your wallet forever” if the seed phrase is forgotten, the video warns.
SaitaMask will ask you to type the 12-word sentence in the word sequence supplied to you.
And it’s done; you’ve created your SaitaMask account and can now explore all of the app’s features.
Trezor is a pioneer in the field of hardware wallets. It is perfect for novices and professionals alike since it combines world-class security with an easy UI and interoperability with other desktop wallets. Over the years, the firm has earned the trust of the Bitcoin community. The Trezor One and Trezor Model T are the two primary Trezor variants with a built-in touch screen.
Ledger makes cold storage wallets for customers who wish to manage money more securely and efficiently. Their wallets are physical devices that you may connect to your PC. You can only transmit bitcoin from the device if it is connected. The Ledger Nano S and the Ledger Nano X are two of the company’s offerings of a Bluetooth-connected hardware wallet.
Ledger Nano S
- The interface is simple to set up and use.
- It works on both desktops and laptops.
- Portable and lightweight
- Most blockchains are supported, and a large selection of (ERC-20/BEP-20) tokens.
- Various languages are available.
- Manufactured in 2014 by a well-known firm with excellent chip security
Ledger Nano X
- The ST33 secure element chip is more powerful than the Ledger Nano S.
- Through Bluetooth connection, it may be utilized on a desktop or laptop and a smartphone or tablet.
- With a built-in rechargeable battery, it’s light and portable.
- A bigger screen
- More memory than the Ledger Nano S
- Most blockchains are supported, and a large selection of (ERC-20/BEP-20) tokens.
- Various languages are available.
- Manufactured in 2014 by a well-known firm with excellent chip security
Although Binance is one of the safest cryptocurrency exchanges, there have been hacking incidents and lost funds. If you plan to keep “hold,” as some may say, basically misspelled “hold,” which has become popularised over time in your Saitama for a long time, you may want to explore ways to store crypto holdings safely. Because of the nature of exchange wallets, they will constantly be online, also known as “Hot Wallets,” exposing some features of vulnerabilities. To date, the safest approach to store your coins is to use a form of “Cold Wallet,” in which the wallet only has access to the blockchain or simply “go online” when you transfer out payments, lowering the risk of hacking., they are recommended by big wallet holders as well.
A paper wallet is a form of free cold wallet; it’s essentially an offline-generated pair of public and private addresses that you’ll write down and store safely. However, it is not long-lasting and is vulnerable to various dangers. Hardware wallets are unquestionably superior to cold wallets. They are generally USB-enabled gadgets that keep your wallet’s important information more lasting. In addition, they are designed with military-grade security in mind, and their firmware is updated regularly by their producers, making them incredibly safe. The most popular alternatives in this category are the Ledger Nano S and Ledger Nano X, which cost between $50 and $100 depending on their functionality. These wallets, in our opinion, are an excellent investment if you are holding your money.
Saitama Inu is currently a primarily speculative coin in the crypto markets. It hasn’t revealed many new features and is relying heavily on buzz. The token’s value may grow if it can begin to deliver valuable features and contribute to the token. However, the majority of these features are still in the works. Moreover, cryptocurrency is a volatile market. As a result, you must understand that, like any other cryptocurrency, Saitama Inu carries its own set of hazards. You should only invest if you are prepared to accept those risks and incur any losses if required. Saitama is now accessible on all major cryptocurrency exchanges, but some of the more well-known ones are Gate.io, LBank, BitMart, MEXC, and XT.COM, to mention a few.
FAQs about Saitama
How much is the Saitama coin now?
Saitama’s price today (13 May 2022) is $4.77e-9 USD with a 24-hour trading volume of $12,293,425 USD. Saitama is up 108.88% in the last 24 hours. The current CoinMarketCap ranking is #2861, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000,000,000,000,000 SAITAMA coins.
Does Coinbase support Saitama?
You have to buy Ethereum through fiat currency and then exchange it on an alternative coin exchange that supports Saitama.
Can I buy Saitama on Crypto com?
Because you won’t be able to acquire SAITAMA via a crypto brokerage, you’ll have to use a decentralized exchange like Uniswap. Wallets are used by businesses to make transactions easier. A wallet is a separate storage location for cryptocurrency from a trade or brokerage.