By TOI Desk Report July 6, 2022 Update on : July 6, 2022
Akita Inu (AKITA) is one of the most successful digital currencies nowadays. It has increased in value by 45% in the previous 24 hours, capping off a remarkable week of development for the coin. Moreover, its daily trading volume is increased by 225% today, illustrating the increased interest it is attracting from investors and traders across the crypto sector.
Today, we’ll highlight a few exchanges where you can buy Akita Inu coins, and you’ll be able to learn everything you need to know before investing in Akita Inu tokens, including what the Akita Network is and how it operates, how you can acquire these tokens and a complete step-by-step procedure to buy and invest in Akita Inu tokens. So, let’s get started!
How & Where To Buy Akita Inu Tokens Online?
Simply join up for a reputable trading site, deposit cash, and then buy the number of tokens you wish to hold. Because of their cheap costs and excellent customer support, we believe the two sites listed below are the best for buying, selling, and trading Akita Inu cryptocurrency:
1. Binance
Binance started in 2017 and became one of the most prominent exchanges to buy or sell cryptocurrencies. It is currently one of the largest crypto trading platforms worldwide.
2. Coinbase
Coinbase was one of the first exchanges to make it simple to acquire bitcoin, and it has since become a market leader.
3. Gate.io
Gate.io is another exchange with a simple user interface for novices while keeping sophisticated and complex charts for traders of all skill sets, including technical traders. They are now the most preferred exchange for purchasing Akita Inu (AKITA). They are staunchly opposed to price gouging and are frequently the first to list new memecoins. You can trade Akita Inu coins on this exchange.
4. Poloniex
Poloniex was formed in the United States in 2014, and while now it is not as large an exchange as it once was, it still offers a diverse choice of assets at a reasonable price. They are constantly expanding their asset variety, with over 100 distinct pairings available, including Akita Inu (AKITA). They have recently grown more active in offering meme coins ahead of the majority of the competitors.
With a newly updated look, the exchange now seems more sophisticated than ever, with dealing in futures and leverage of up to 100:1 also accessible.
5. OKEx
OKEx is a popular alternative for many traders, especially those wishing to exchange a wide range of altcoins and meme coins, like Akita Inu (AKITA). They are known to attract Asian merchants by offering currencies such as the Chinese Yuan. This exchange has strong volumes, which allows for great liquidity.
An Overview Of Akita Inu
It is an Ethereum-based cryptocurrency project, and AKITA is its native token.
Akita Inu is a classified meme currency that promotes itself as a completely decentralised community initiative rather than a meme pump-and-dump scheme. Akita Inu is strikingly similar to the Shiba Inu coin, but with somewhat different tokenomics.
Is the Akita Inu coin A Good Investment?
If you are okay with the higher level of risk involved with meme-coin investments and feel Akita Inu has the capabilities to capture the lead in the market, purchasing and retaining some AKITA tokens now might be a viable opportunity to bet on long-term price appreciation.
Simply be conscious of the risks and market turbulence associated with cryptocurrency, and be certain that you conduct your personal thorough research. For price predictions of Akita Inu,click here.
Steps To Acquire Akita Inu (AKITA) Cryptocurrency
To buy Akita Inu (AKITA) on most digital currency exchanges, you must first buy Bitcoin (BTC) or Ethereum (ETH). The best part is that the Coinbase exchange allows you to purchase AKITA coins with your credit/debit card or bank transfer
NOTE: There are other exchanges to buy BTC and ETH online, but I’m taking the Coinbase exchange as an example because it’s the most user-friendly for beginner cryptocurrency investors.
Step 1: Establish your Coinbase account
Coinbase allows its users to either utilise a mobile app whether iOS-based or android-based or use the web version (which is the simplest approach to set up your exchange account with them).
Next, type your active and secure email address because you’ll use this email address to sign in to your Coinbase account every time.
Coinbase will confirm your email address by sending you an email. Open the email and navigate to the link. Although the process of email verification might be unpleasant, if you intend to pay your account with real money, this security measure is highly comfortable.
Look, how simple it is to make your Coinbase account. Again, because you will be using your own money to deposit into your Coinbase account, you must undertake a few extra verification processes. The first is the verification of a mobile phone number.
Coinbase sets up Two-factor authentication (2FA), a strong encryption technique on your account using your cell phone number, keeping your account even more safe from cyber attacks.
Step 2: Get Ready To Buy Bitcoin (BTC) or Ethereum (ETH) at Coinbase
Coinbase makes it really simple to begin investing in cryptocurrencies. All you have to do is to select the desired coin to invest in. Because I am not a certified expert and the cryptocurrency market is so unpredictable, you will have to decide which one to invest in based on value. What I can tell you is that the majority of exchanges that provide Akita Inu (AKITA) investment will enable you to pay using Bitcoin (BTC).
Determine how much money you wish to invest. This is a monetary value. Understand that you will be spending a fraction of a coin rather than the entire coin. Understanding this will benefit your future bitcoin investments.
Next, choose your payment method (i.e Credit Card). And then click BUY.
Step 3: Use your Bought Ether Or BTC Investment to Buy Akita Inu (AKITA)
Now, the next step is to use your bought ETH or BTC coins to buy Akita Inu (AKITA).
You will have to move your BTC or ETH investment to another cryptocurrency exchange.
Furthermore, because your funding will be done using Bitcoin or Ethereum that you have already acquired, the setup should be quicker.
Once you’ve established a brokerage account with an exchange that offers Akita Inu (AKITA), you’ll have to move your BTC or ETH from Coinbase to that platform. This is done through the digital wallet. You’ll be given a wallet ID which is unique to your account.
Summary
This is how you can invest in Akita Inu coins. Simply choose an exchange and make an account by following the complete procedure offered by the exchange you choose. Then, buy ETH or BTC coins on an exchange and later convert them to AKITA coins. You can use a software or hardware wallet to keep your coins safe.
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