On Coinmarketcap, there are presently 15,539 cryptocurrencies listed, with about 100 new tokens added every day. Beginner cryptocurrency investors are perplexed by the variety of options available. How do you know which cryptocurrency is the best to invest in it? What distinguishes one cryptocurrency from another? Is it possible for crypto to make me a millionaire? What is a blockchain, and do I need to know about the technology behind cryptocurrency before purchasing it?
The crypto explosion began as soon as Bitcoin became widely known in 2017. What appeared to be a futuristic con quickly piqued people all over, all expecting to get a piece of the crypto pie. Cryptocurrencies are notoriously volatile, as you may know. Money can get lost as quickly as in the blink of an eye.
You may not grasp how the cryptocurrency market works, which is a risk if you become a crypto investor. For example, when Bitcoin (BTC) began its spectacular rise in 2017, inexperienced crypto speculators purchased BTC at exorbitant rates. After all, the media kept assuring us that Bitcoin was on its way to $100,000.
When Bitcoin plummeted off a cliff at $20k, inexperienced crypto investors panicked and sold, believing their money was gone forever. They had no idea that market price corrections were taking place. How disappointed would you have been if you’d sold your Bitcoin (BTC) at $9k and it had since risen to $67k?
We aren’t attempting to make you feel sorry for yourself. This article is about Saitama and how it relates to the lack of crypto knowledge among new investors. Everything is linked.
Saitama is a brand new city that opened in May 2021. Dogecoin (DOGE) and Shiba Inu (SHI) are two more dog-themed meme coins that have gained a lot of traction this year (SHIB). Saitama burst onto the cryptocurrency scene with a bang, attracting the attention of many investors.
This guide will show you how to buy Saitama and where to buy it, making it easier to get your hands on this new meme coin and learn how to make money with cryptocurrencies.
What is Saitama?
Saitama is a “community-driven platform” dedicated to assisting next-generation cryptocurrency investors in achieving financial security. Saitama’s mission is to help you regain control of your finances and learn how to create possibilities for prosperity, regardless of your age or culture.
Saitama is the name of the network, and Saitama is the name of the native token. It gets built on the ERC-20 smart code of the Ethereum network. It may appear to be a dog, but it is a wolf. The Saitama logo is a wolf’s head with a human face in the center, almost like a headpiece.
According to the Saitama whitepaper, the network concentrates on Gen Z investors because 93 percent of novice crypto investors are unhappy or confused, which is predictable.
Purchasing cryptocurrency is not always easy. You can’t buy new currencies directly because they aren’t publicly available on the major crypto exchanges. It’s like having to change trains multiple times to get to your destination. You’ll get lost if you don’t know where the crossover points are.
The Saitama network aims to teach Generation Z investors how to produce wealth by creating an ecosystem, a smart wallet, a marketplace, a multi-channel content platform, and an NFT-based launchpad.
What Makes Saitama Unique?
Many cryptocurrency opponents believe meme coins will lose value over time. We’re counting on promises of value.
- Smart wallet SaitaMask
- SaitaMask wallet gets tied to a multi-channel financial education platform.
- Plans for stage 4 of the NFT launchpad platform
- Plans for stage four of the market
- Saitama Studios – game studios are where creators work on video game production.
- Saitama has vowed to donate to educational charities and student organizations as part of its charitable support.
The primary value of Saitama’s development objectives is to educate Generation Z investors on finance and wealth building.
How & Where to Buy Saitama Inu (SAITAMA)
Saitama gets not listed on all major cryptocurrency exchanges, but that gets expected with a new coin. A stage-five plan is in place for additional popular cryptocurrency exchanges. Adding currencies like Saitama to your portfolio requires purchasing from a reputable platform.
The last thing you need when purchasing crypto tokens is to be bewildered. But don’t be concerned. We’ll make things simple for you in this article.
If you’re looking for information on how to buy Saitama and where to buy Saitama, you’ve come to the right place.
Gate.io is the best place to get SAITAMA.
Gate.io is a tier 1 crypto exchange with a daily trading volume of over $1 billion (approaching $2 billion) and a trust score. Since its inception in 2013, the crypto exchange has become a trusted platform with a large user base and a diverse choice of cryptocurrencies.
This section explains how to purchase Saitama on Gate.io in detail. This hassle-free method of purchasing Saitama tokens will delight you.
- Create a Gate.io account.
- The verification process on Gate.io is simple. Your new crypto account gets quickly validated after you signup.
- Use a cryptocurrency to fund your Gate.io account. Because USDT is the only SAITAMA pair, it gets recommended.
- When you have funds in your Gate.io account, go to the trading section and look for the SAITAMA/USDT trading pair.
- You can now choose how you want to spend your Saitama tokens.
Saitama currently has a low trading volume. Therefore it’s unlikely that you’ll want to trade it. If trading is your goal, you can purchase more mainstream cryptos.
The safest option is to keep your Saitama tokens in a secure crypto wallet, but the SaitaMask wallet is currently unavailable. You can utilize Gate.io’s exchange wallet or hardware wallet.
You may also buy Saitama on the Poloniex cryptocurrency market, albeit the supply and liquidity are substantially lower.
What is the Best Wallet for Storing SAITAMA?
For keeping your Saitama, we suggest MetaMask or TrustWallet.
Copy the Saitama contract address 0x8b3192f5eebd8579568a2ed41e6feb402f93f73f into the Custom Token Contract Address field of the MetaMask wallet and paste it into the “Add token” area.
You can send, receive, and exchange Saitamas using the MetaMask wallet.
While Defi wallets for mobile are still in their infancy, the TrustWallet will work on any Android or iOS device, including iPads and Macbooks.
How to Sell Saitama?
It’s pretty simple to cash out Saitama if you’re wondering how to do so. The procedure gets reversed from that of purchasing.
- Return your Saitama coins to Gate.io from wherever they’re stored, whether on an exchange or in a private wallet.
- You’ll need to exchange them on the SAITAMA/USDT pairing once they’re in Gate.io.
- You exchange USDT for fiat currency once you have it. You’ll need to transmit your USDT to another cryptocurrency exchange because Gate.io doesn’t handle fiat wallets.
- Before making the transfer, you must first establish an account with a reputable exchange and complete your identity verification.
- Coinbase is the most widely used service for converting USDT to fiat currencies, including USD, GBP, and EUR.
- You can withdraw your fiat cash balance to your bank account once you have one.
Saitama is a fun dog-themed meme coin that has a lot of promise. The majority of Saitama’s growth plans have yet to materialize. Despite this, the network is open about delays, such as the SaitaMask smart wallet, which was supposed to launch in September 2021 but has yet to arrive. Crypto specialists believe Saitama has a lot of growth potential if it gets listed on more mainstream markets in 2022 and follows through with expansion goals. For the time being, Gate.io is the best place to download it.