Want to jump straight to the answer? You can buy SAITAMA on Uniswap and Gate.io.
Saitama Inu is a project hoping to change the perception of memecoins by adding unprecedented features. It is hoping to make crypto safe and accessible for all. It specifically focuses on educating Gen Z investors.
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. 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. These plans include its own 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, all of these goals have 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 $0.00000007.
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
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.
Bonus section: 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:
eToro, headquartered in Cyprus, England and Israel, has provided forex products and other CFD derivatives to retail clients since 2007. A major eToro plus is its social trading operations, including OpenBook, which allows new clients to copy trade the platform’s best performers. Its social trading features are top notch, but eToro loses points for its lack of tradable currency pairs and underwhelming research and customer service features
- U.S. based cryptocurrency traders
- Social and copy traders
- Simple user interface
- Community engagement and following other traders
- 25 cryptocurrencies
- Expansive network of social trading features
- Large client base for new traders to imitate
- U.S. traders can only buy cryptocurrency
Coinbase is one of the Internet’s largest cryptocurrency trading platforms. From Bitcoin to Litecoin or Basic Attention Token to Chainlink, Coinbase makes it exceptionally simple to buy and sell major cryptocurrency pairs.
You can even earn cryptocurrency rewards through Coinbase’s unique Coinbase Earn feature. More advanced traders will love the Coinbase Pro platform, which offers more order types and enhanced functionality.
Though Coinbase doesn’t offer the most affordable pricing or the lowest fees, its simple platform is easy enough for complete beginners to master in as little as a single trade.
- New cryptocurrency traders
- Cryptocurrency traders interested in major pairs
- Cryptocurrency traders interested in a simple platform
- Simple platform is easy to operate
- Comprehensive mobile app mirrors desktop functionality
- Coinbase Earn feature rewards you with crypto for learning about available coins
- Higher fees than competitors
Voyager is a leading name in the sphere of cryptocurrency investing, giving you access to over 50 tokens and coins. Buy, sell and swap assets using Voyager Crypto’s simple mobile platform available as a free download for iOS and Android users.
When you invest through Voyager, you’ll pay nothing in commissions, which is a major benefit when compared to other cryptocurrency brokers. Voyager is also one of the only brokers we’ve seen that allows users to earn interest on their crypto investments.
Though the broker could do more to improve its customer service, it’s an excellent option for beginner investors and seasoned professionals alike.
- 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.
Benzinga crafted a specific methodology to rank cryptocurrency exchanges and tools. We prioritized platforms based on offerings, pricing and promotions, customer service, mobile app, user experience and benefits, and security. To see a comprehensive breakdown of our methodology, please visit see our Cryptocurrency Methodology page.
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