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How to buy Sai (SAI)

Learn how to buy Sai (SAI) in our step-by-step guide.

Where to buy Sai

It looks like SAI may not be available to purchase on an exchange in the US.

You can still purchase SAI by using a decentralized exchange (DEX) instead. Decentralized exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.

Decentralized exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralized exchanges first if you're unfamiliar.

How to purchase SAI using a decentralized exchange.
  1. Find SAI on a decentralized exchange and make sure Sai can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
  2. Buy ETH to trade for SAI using an exchange like Gemini. You will need to purchase enough ETH to swap for SAI as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
  3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade ETH for SAI on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
  5. Wait for the transaction to finalize and the SAI tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the US.

Best Sai wallets to store your SAI

You can keep your SAI on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your SAI below.
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Ledger Nano X Wallet
★★★★★ 4.6

Price (USD)
$149
Supported assets
5,500+
Go to site

Trezor Model T Wallet
★★★★★ 4

Price (USD)
$186
Supported assets
1,317+
Go to site

SafePal S1 Wallet
★★★★★ 4

Price (USD)
$49.99
Supported assets
30,000+
Go to site

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Is Sai a good investment?

Cryptocurrencies are highly speculative assets that come with a range of risks. Those that are considering SAI as an investment should consider the following factors:

  • Legacy token: SAI is a legacy token associated with the SideShift.ai protocol. As a result, it is important to remember that the token is no longer used within the Sideshift.ai platform. All SAI tokens would need to be converted to XAI to access platform benefits.
  • Staking rewards: If the SAI token is converted to XAI, XAI tokens can then be staked within the SideShift.ai application. For staking XAI tokens and supporting the ecosystem, 25% of all platform fees are shared between supporters.
  • Competition: The SideShift.ai cryptocurrency exchange is situated within a heavily saturated section of the cryptocurrency industry. The protocol is competing against both centralized exchanges, such as Binance and Crypto.com, and also decentralized exchanges, such as Uniswap and SushiSwap. While SideShift.ai offers advantages over both, the application may struggle to capture market share from exchanges that offer support for a wider range of cryptocurrencies.
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Today's Sai price versus ATH

Compare today's price of Sai ($9.63 USD) against its all-time high (ATH) price of $25.31 on May 14, 2021. The closer the bar is to 100%, the closer SAI is to reaching its ATH again.

Current price: $9.63
All time high: $25.31
38%
61%

How to buy other cryptos


Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.

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