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How to Buy Saitama Coin – A Step-By-Step Guide

How to Buy Saitama - A Step-By-Step Guide

As the cryptocurrency market expands, various new coins are added. Due to a large number of new projects, it is difficult for legitimate exchanges to list every new project that is launched, especially the meme-influenced cryptocurrencies.

Saitama (SAITAMA) is a relatively young project that is influenced by Dogecoin. Nonetheless, its fundamentals have made it distinguishable among other meme-influenced coins. Because of this, Saitama is now listed on some centralized exchanges where you can directly buy and save the hassle of opening wallets in order to use decentralized exchanges.

Where to Buy Saitama?

Because of Saitama’s success, now it can be directly bought at some cryptocurrency exchanges. Some exchanges that have listed SAITAMA are Gate.io, ZT, BitMart, MEXC, and XT.COM.

This has made it much easier for users to purchase and own SAITAMA tokens.

How to Buy Saitama Through Decentralized Exchanges?

Despite it all, some users prefer using decentralized exchanges when buying certain cryptocurrencies. Saitama is built on the Ethereum network. Therefore, you can buy SAITAMA using decentralized exchanges within the Ethereum network. 

Step 1: Install Metamask

The first thing you need to do is to install Metamask. Metamask is a software wallet that is designed specifically for the Ethereum network, but it can also be used for other chains (i.e. Binance Smart Chain). Generally, Metamask is downloaded as an extension to your PC browser.

Once you download Metamask, you need to create a wallet, if you do not already have one. 

Metamask wallet creation
Creating a Metamask Wallet. Source: Metamask

Step 2: Fund Your Metamask

Once you create your wallet, you need to fund it with ETH. To do so, either transfer ETH from another existing wallet that you own and has ETH, or you have to buy ETH from a centralized exchange.

Head over to Binance, Coinbase, or any other centralized exchange that supports ETH (which many of them do), and buy ETH. You need to verify your account o be able to use such exchanges. After finishing the verification process, use a debit or credit card to purchase USDT and then trade the USDT to buy ETH.

Afterward, transfer your purchase ETH to your Metamask wallet by typing the amount you want to send and the correct address of your wallet. 

Trading in Binance exchange.
Trading USDT with ETH in Binance. Source: Binance

Step 3: Connect Metamask to Uniswap

Now that you have funds on your Metamask wallet, head over to the Uniswap website with your browser that you have downloaded Metamask. Once you go there, click connect wallet, and the wallet will automatically connect it to your Metamask wallet in your browser.

Step 4: Swap ETH for SAITAMA

Once you connect your wallet with Uniswap, type SAITAMA or the contract address of Saitama to import it in the DEX. After you do that, type the amount of SAITAMA you want to purchase. 

Swapping in Uniswap DEX
Swapping Ethereum for Saitama. Source: Uniswap

Once you do that, you will successfully own SAITAMA. Keep in mind that there are gas fees, so you should leave some ETH aside to pay for the gas fees in order to obtain SAITAMA.

How to Buy Saitama Through Centralized Exchanges?

If you do not want to use a decentralized exchange, you can buy SAITAMA directly at some centralized exchanges. To illustrate, we are going to use BitMart to show how you can buy with SAITAMA. 

Step 1: Create an Exchange Account

First, you need to open a BitMart exchange account. Similar to other exchanges, you need to verify your account before being able to fully use its features. 

Step 2: Fund Your Account

Once you verify your account, you need to fund it by either transferring funds from an existing wallet or by using a debit or credit card. Type the payment details and buy USDT.

Funding you BitMart account
Buying USDT in BitMart. Source: BitMart

Step 3: Buy SAITAMA

Once you fund your account, you can begin trading in the exchange. Go to the trading section and type Saitama. Enter the amount of SAITAMA tokens you want to acquire with the USDT that you just acquired. Then, simply press “BUY SAITAMA.”

Trading in BitMart exchange
Trading USDT for SAITAMA in BitMart. Source: BitMart

You will then successfully own SAITAMA. It is recommended to then transfer your purchased tokens in a wallet such as Metamask to ensure more safety.

Also read: Saitama Token Price Prediction 2022 and Beyond – Will SAITAMA Eventually Reach $1?

Takeaways

  • To ensure that you are not scammed while buying cryptocurrencies, you need to use legitimate exchanges. 
  • Unfortunately, not all newly launched projects are listed in trusted exchanges.
  • Luckily to its fundamentals, Saitama has now been listed in centralized exchanges where you can buy directly.
  • Centralized exchanges that support Saitama are Gate.io, ZT, BitMart, MEXC, and XT.COM.
  • To buy SAITAMA through a decentralized exchange, you need to use the Metamask wallet. 
  • Once funding your Metamask wallet, connect it with Uniswap and buy SAITAMA with ETH.

Also read:

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