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With the meteoric rise of memecoins, you may want to know how to buy Saitama Inu in Australia. In this post I will provide a step by step guide with two different methods on how to buy Saitama Inu in Australia. 

The first method is probably the simplest and it involves using Swyftx and Gate.io. While the second method is a bit more complex and involves using Swyftx, Metamask and Uniswap. This is down to the fact that Saitama has a low market cap, liquidity and is only available using decentralised exchanges. 

Some cryptocurrencies, like Saitama Inu and Floki Inu can only be bought on decentralised exchanges via another cryptocurrency. In this guide, our first method will involve using Gate.io and we will use USDT as the cryptocurrency to swap for Saitama Inu. Our second method in this guide will be using Uniswap as the decentralised crypto exchange and we will use ETH as the cryptocurrency to buy Saitama Inu with.

What is Saitama Inu (SAITAMA)

Saitama Inu is a community operated business that aims to help educate Gen Z investors. It is an Ethereum blockchain (ERC20) token. Saitama wants to make crypto easy to understand and safe for the next generation of investors. This goal is to help create wealth opportunities through educational content and an NFT platform. 

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How to Buy Saitama Inu Coin In Australia – Method 1

Buy USDT:

  1. You will need to sign up to a crypto exchange. You can sign up to Swyftx here, or any other exchange of your choice.
  2. Swyftx will require you to complete their KYC and verification process.
  3. Once complete, you will be able to fund your account. You can do this via bank transfer, PayID, POLi payment or using a credit card.
  4. Once your account is funded, hit the Buy button and search “USDT”.
  5. From here you can select how much USDT you want to buy, review the order details and then complete the transaction. You should consider the Saitama price, Ethereum network fees and how much Saitama you want to buy.
  6. You now have USDT in your Swyftx wallet. We now need to send this to your Gate.io account.
Swyftx App
Swyftx App

Set Up Gate.io Account

You will need to set up a Gate.io account in order to be able to buy Saitama Inu using this method. This is definitely the easiest method however the Gate.io view can be a bit full on, but don’t worry. Follow the steps below to Buy Saitama Inu.

  1. You will need to sign up to a Gate.io account. Sign up to gate.io here.
  2. You will need to complete KYC and verify your account.
  3. Once complete, you can transfer the USDT from Swyftx to your Gate.io account. Make sure you select the correct wallet, if sending from Swyftx it should be ERC-20, but double check this. You can always send their customer support a message.
    • You will be able to get the wallet address and then send the funds from Swyftx to this address
  4. Once your account has been funded, you are able to search SAITAMA_USDT.
  5. You then select “Buy (USDT-SAITAMA)”
  6. Follow the instructions to complete your order!
How to Buy Saitama Inu in Australia
Gate.io View

How to Buy Saitama Inu Coin In Australia – Method 2

This will be Method 2, and it will explain a different way to buy Saitama Inu. It will require you to have some ETH. If you want to buy Saitama, follow these simple steps below to get some ETH, and then buy Saitama.

Buy Ethereum:

  1. You will need to sign up to a crypto exchange. You can sign up to Swyftx here, or any other exchange of your choice.
  2. Swyftx will require you to complete their KYC and verification process.
  3. Once complete, you will be able to fund your account. You can do this via bank transfer, PayID, POLi payment or using a credit card.
  4. Once your account is funded, hit the Buy button and search “ETH”. 
  5. From here you can select how much ETH you want to buy, review the order details and then complete the transaction. Take into consideration the inu Saitama price, so you ensure you have bought enough ETH.
  6. You now have Ethereum in your Swyftx wallet. We now need to send this to your Metamask wallet.
Metamask Wallet
Metamask

Set Up Metamask Wallet:

Before you can buy Saitama with Uniswap, you will need to create a Metamask wallet. This will be the wallet that allows you to interact with the decentralised exchange. Follow the steps below to do this.

  1. Go to https://metamask.io/ and download the Meta Mask extension.
  2. Once installed you will be prompted to select between two options, for this example select “Create a wallet”
  3. You will be prompted to put in a password and agree to a disclaimer
  4. You will then be given a Secret recovery phrase. This will comprise of 12 random words, ensure you store this safely and don’t lose it, otherwise you may never be able to access this wallet again!
  5. Once you have stored the Secret recovery phrase away, you are ready to move to the next step.
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Send Ethereum To Metamask Wallet:

Now that you have purchased ETH in your Swyftx account and set up a Metamask wallet. You will need to transfer the ETH to your Metamask wallet. Follow the steps below to do this.

  1. You will need to send your Ethereum from your Swyftx wallet to your Metamask wallet.
  2. In the Swyftx app, select ETH and it will open up a specific page with your ETH wallet.
    • From here you need to click the button that says “send ETH”
    • Now you will need to get your Metamask ETH address and give it a nickname, see the next step for how to do this.
  3. You will need to get the address for your MetaMask wallet, you can do this by opening the extension in your browser, select the three dots and click account details. From here you can copy and paste the address to your cryptocurrency exchange and send the ETH.
    • PLEASE NOTE: Make sure you are sending to the correct contract address. For example, if you are sending ETH make sure you have the Ethereum blockchain selected in your Metamask Wallet.
  4. Once you have copied your address and selected it, you will need to choose how much ETH you are going to send.
    • You can do this either by an $AUD amount or quantity or asset amount.
    • You will also be required to select a reason for the withdrawal too, in this case you can select transfer to Personal wallet.
  5. At the bottom of the page you will be provided with a summary. This summary shows the fees that will be charged and the remaining amount that will be received in your Metamask wallet.
  6. Provided you are happy with this amount, you can click the “send to this address” button.

Buy Saitama Inu

Now that you have ETH in your Metamask wallet, you are all ready to buy Saitama Inu. In order to actually be able to buy Saitama Inu, you need to use Uniswap. Follow the easy steps below for a way to buy Saitama with Uniswap.

how to bu saitama inu in australia
Uniswap view

  1. You will need to head to UniSwap using the same internet browser that you downloaded your Metamask wallet with.
  2. In the top right corner, you will need to click the button “Trade”.
  3. This will take you to another screen, where you will need to select which assets you are trading.
    • You may get a warning sign, asking you to import a token. Just ensure this is SAITAMA, then hit import.
    • how to buy Saitama Inu in Australia
      Import Token
      • In our example, we are using ETH, so make sure ETH is the top asset. This is the assets you are trading from.
      • The bottom asset is what you are trading for. We want to buy Saitama Inu, so type in Saitama.
      • Once you have selected the assets correctly, you will need to connect your Metamask wallet if it hasn’t happened already.
      • Once your wallet is connected your ETH balance should appear in the top section. From here, just type in how much ETH you want to swap for Saitama.
      • How to buy Saitama Inu in Australia
        Saitama Inu
        • You will be given an estimated amount of Saitama Tokens you will receive for the amount of ETH. Many factors impact this, including the Saitama Inu price, gas fees and liquidity.
      • If you are happy with everything, you can click the “Swap” button on the bottom.
      • This will then trigger the Metamask wallet to ask for verification. Once you verify the transaction will occur.
      • You will then have Saitama Inu tokens in your Metamask wallet.

Bonus Step – Move Saitama Inu tokens to a Hardware wallet

For extra security once you purchase Saitama Inu tokens, you could move them to a hardware wallet. A hardware wallet keeps your digital assets extremely safe, and they have extra security features.

Hardware wallets are a great option if you are worried about the security protocols of digital wallets connected to the internet. Wallets such as the Ledger Nano S and Ledger Nano X are cold wallets. They have military grade security and at a very reasonable price are a great way to add an extra layer of security for holding your digital assets or meme coins.

 

FAQ’s

Hopefully you have found this guide helpful so far, and now understand a couple of options of how to buy Saitama Inu in Australia. I have collated some common questions regarding this process below.

Risks of Buying Saitama Inu

Saitama Inu is a meme coin, with that comes crazy volatility. People that bought at the all time high are sitting on some big losses right now. There are always risks when you invest, no matter what asset class. However, Crypto does have big swings, and you shouldn’t invest with money you can’t afford to lose.

Some obvious risks are a rug pull, that is where the creators sell their huge holdings and leave everyone with worthless tokens. The project doesn;t live up to the hype and has no real world value. Price volatility and pump and dump schemes within the community, or your tokens/wallet getting hacked.

Is Saitama Inu the Best Crypto to Buy in 2022?

Most definitely not! It is a meme coin after all and had a meteoric rise in 2021, currently it is way down from its all time highs. You should never listen to anyone claiming they know price predictions as this is rubbish.

Make sure you do your own research and I am sure you will find great crypt options to invest in based on your specific goals and requirements.

Is Saitama Inu a good investment?

This will definitely depend on what you think or want out of a good investment. For some people, the disproportionate upside that meme coins like Saitama Inu and Shiba Inu offer could be a good investment. 

For others, the volatility and unknown real world value of Saitama may mean others don’t think it’s a good investment. At the end of the day this will always come down to your personal preference.

Can you buy Saitama on Coinspot?

No, you are unable to buy Saitama on Coinspot. You can use Coinbase instead of Swyftx though and follow either of the processes mentioned in this guide. However, Coinspot doesn;t enable the purchase of assets like Saitama Inu.

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Can you buy Saitama Inu on Crypto com?

Since SAITAMA can only be bought through a decentralised exchange, you have to use a platform like Uniswap or Gate.io. Unfortunately you aren;t able to buy it directly from Crypto.com, although you can use Crypto.com to buy the USDT or ETH instead of Swyftx.

Selling Saitama Inu

If you want to sell your Saitama coins, you can complete either of these methods in reverse. It should be simple to sell your Saitama crypto using either of these methods.

Read More How to Guides Below

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