The best overall trading platform to purchase SAITAMA (Saitama Inu) is Gate.io since it offers low charges of only 0.2% for every transaction.
This is considerably cheaper than using decentralised crypto exchanges such as PancakeSwap or Uniswap, which charge hefty on-chain fees.
What’s SAITAMA?
SAITAMA or Saitama Inu is built upon the Ethereum blockchain, meaning it’s an ERC-20 token. The Saitama Inu token has a depreciating supply of coins. Therefore, each SAITAMA coin transaction has a 2% charge.
This mechanism often referred to as the burning mechanism, is meant to protect the asset’s worth and reward long term holders who keep building a more significant percentage holding.
The Saitama Inu coin is the primary exchange medium for the upcoming NFT marketplace communities. Traders will also get a percentage of the charges earned on this NFT site.
How To Purchase Saitama (Saitama Inu)
Saitama Inu is a fairly new digital asset, which means that it’s not yet listed on well-known trading platforms like Binance or Coinbase. To purchase SAITAMA from any country, you’ll need to buy it from a global centralised trading platform like Gate.io or a decentralised one like Uniswap.
The best option is to use a centralised exchange such as Gate.io as they are cheaper and offer a more streamlined user experience. The following guide is an overview of how to trade on the Gate.io platform:
- Purchase USDT (Tether) from a local trading platform using fiat currency (EUR, USD, AUD)
- Open a Gate.io account (no verification or KYC needed)
- Send your USDT (Tether) from your local trading platform wallet to Gate.io
- Find Saitama Inu in their crypto assets list
- Exchange USDT for Saitama Inu
How Much has Saitama Inu Been Burned?
How much SAITAMA Inu has been burned since the coin was established remains unclear. The last correspondence from the Saitama Inu dated August 2021 stated that they burned 54% of the total supply.
SAITAMA Price Prediction
The Saitama Inu token is speculative since no utility values or cashflows come from any product. The SAITAMA team does note on their action plan that these cash flows will be actual in the future after the NFT site’s release. Nevertheless, they have yet to make any significant progress.