Saitama Inu (SAITAMA) is an ERC-20 token on the Ethereum blockchain, created in June 2021, based on the legend of a ghost dog in Japan’s Saitama region. It aims to make DeFi simpler and safer for everyday users while offering a comprehensive ecosystem with tangible value, including the SaitaMask wallet for fiat transfers and token trading.
In this article, we will provide you with a brief guide on purchasing Saitama Inu (SAITAMA) in four simple steps through three different cryptocurrency exchanges.
Our step-by-step guide on how to buy Saitama Inu (SAITAMA)
How to buy Saitama Inu (SAITAMA) in five easy steps?
Step 1 - Open an online account that supports Ethereum
To buy Saitama Inu, the first step is to open an online account that supports Ethereum. This allows you to buy ETH with fiat currency like USD. Some platforms that support Ethereum include Coinbase, Paypal, Venmo, and Robinhood. You’ll need to create an account on one of these platforms and verify your identity and payment details.
Step 2: Buy Ethereum with your preferred payment method
After opening your online account, the next step is to buy Ethereum with your preferred payment method. You can choose how much ETH you want to buy and check the current exchange rate and fees before confirming your purchase. Your ETH will be deposited in your online account wallet.
Step 3 - Download a crypto wallet that supports ERC-20 tokens
The third step is to download a crypto wallet that supports ERC-20 tokens like Saitama Inu. These wallets allow you to store your ETH and SAITAMA securely and independently from the online platform. Some crypto wallets that support ERC-20 tokens include Coinbase Wallet and MetaMask.
Step 4 - Transfer your Ethereum from the online platform to your crypto wallet
The next step is to transfer your Ethereum from the online platform to your crypto wallet. You’ll need to copy your crypto wallet address and paste it into the send or withdraw option on the online platform. You’ll also need to enter the amount of ETH you want to transfer and confirm the transaction. You may have to pay a network fee for the transfer, which depends on the congestion of the Ethereum network.
Step 5 - Use a decentralised exchange to swap your Ethereum for Saitama Inu
The final step is to use a decentralised exchange (DEX), like Uniswap or ShibaSwap, to swap your Ethereum for Saitama Inu without intermediaries. Connect your crypto wallet, select the amount of ETH you want to swap, pay network and DEX fees, and wait a few minutes or hours to see your SAITAMA balance in your wallet.
Popular video guides on buying Saitama Inu (SAITAMA)
Where to buy Saitama Inu (SAITAMA)
Gate.io offers over 1400 cryptocurrencies for users to buy and sell with fiat money or other cryptocurrencies. Gate.io has various trading features, such as spot trading, margin trading, perpetual futures, delivery contracts, and earn products. It also provides leverage and ETFs for some cryptos.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2013 |
| Deposit Methods | P2P, Debit/Credit Card, Apple Pay, Google Pay |
| Deposit Fees | 0% |
| Cryptos Listed | 1400+ |
| Trading Fees | 0.20% |
| Fiat Currencies Supported | USD, EUR, GBP |
| Trustworthiness | Safe and Realiable |
LBank is a Hong Kong-based cryptocurrency exchange that allows users to trade over 800 cryptocurrencies and more than 1000 trading pairs. The platform offers various trading features and provides an API for developers and traders to access its services. LBank's native token, LBK, can be used to pay for fees and access other benefits.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2015 |
| Deposit Methods | 20+ payment methods including Mastercard, Visa, GooglePay, ApplePay, Bank Transfer, etc. |
| Deposit Fees | No deposit fee |
| Cryptos Listed | 800+ |
| Trading Fees | 0.1% for takers and 0.1% for makers |
| Fiat Currencies Supported | 143+ |
| Trustworthiness | Safe and Realiable |
Uniswap is a decentralised exchange that allows users to trade ERC-20 tokens without intermediaries or order books. It uses smart contracts called liquidity pools to execute trades on the Ethereum blockchain, making it a DeFi product. Uniswap is governed by a global community of UNI token holders and delegates and offers high liquidity, low fees, and permissionless access for anyone with an Ethereum wallet.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | November 2018 |
| Deposit Methods | Any ERC-20 token or NFT |
| Deposit Fees | None, but users pay gas fees for transactions on Ethereum |
| Cryptos Listed | 913 |
| Trading Fees | 0.30%, 0.05%, 1% per trade |
| Fiat Currencies Supported | None (Crypto-to-crypto swapping) |
| Trustworthiness | Safe and Realiable |
Frequently Asked Questions
How can I buy Saitama Inu (SAITAMA) with a credit card or bank account?
To buy Saitama Inu (SAITAMA) using a credit card or bank account, you have different options depending on the platform or service you choose. You can use a crypto wallet like Guarda or crypto exchanges like 1inch, Uniswap, LBank, and BKEX that support SAITAMA trading. You can also use a peer-to-peer (P2P) service like Paxful.
How can I store Saitama Inu (SAITAMA) safely and securely?
To store Saitama Inu (SAITAMA) safely and securely, you have multiple options to choose from. You can opt for a software wallet such as MetaMask that provides storage, conversion, and swapping of SAITAMA and other ERC-20 tokens. Hardware wallets like Ledger Nano S or X offer the highest level of security by storing private keys offline.
Is investing in Saitama Inu (SAITAMA) a good decision?
Investing in Saitama Inu (SAITAMA) can be a smart move if you believe in its vision and potential. It’s more than just a meme coin, with a loyal community, a deflationary mechanism, and a platform, SaitaMask, set to launch soon. However, it’s a new and volatile project, with competition and reliance on the Ethereum network, and it may face regulatory hurdles.
