
Where to buy Saito
It looks like SAITO may not be available to purchase on an exchange in the US.
You can still purchase SAITO 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 SAITO using a decentralized exchange.
- Find SAITO on a decentralized exchange and make sure Saito can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
- Buy ETH to trade for SAITO using an exchange like Gemini. You will need to purchase enough ETH to swap for SAITO 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.
- Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
- Trade ETH for SAITO on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
- Wait for the transaction to finalize and the SAITO tokens will arrive in your wallet.
- 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 Saito wallets to store your SAITO
You can keep your SAITO 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 SAITO below.
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 Saito a good investment?
Every altcoin investment should be thoroughly researched. Both the token and the associated platform or project should be evaluated to look for the upside potential and downside risk. Here are a few factors to consider before investing in SAITO:
- On-chain and off-chain SAITO: There are two versions of the SAITO token within the ecosystem. There is the layer-1 SAITO token that helps to run the blockchain and there is the ERC-20 standard wrapped version of SAITO which can be used in the permissionless integration of off-chain applications. ERC-20 wSAITO can be converted to layer-1 SAITO but layer-1 SAITO cannot be converted back.
- Innovative aim: Although Saito is a layer-1 blockchain and, therefore, enters a sector of the market that is heavily saturated, Saito does tackle niche problems within the space. By focusing on the centralisation issues surrounding blockchain infrastructure Saito may position itself as a go-to blockchain for Web 3.0 application deployment. Only future app integration will truly determine if Saito can break into the layer-1 blockchain market.
- Token supply: The maximum supply of SAITO tokens is capped at 10 billion. 20% of the token supply were dedicated to the Saito Foundation. 15% were allocated to the Core Development team. 15% were allocated for rewards. 15% were allocated to contributors. 10% were allocated to strategic partners. 13.7% were distributed for private sale. 10.3% were allocated to seed rounds and the remaining 1% were allocated to public sales.
Today's Saito price versus ATH
Compare today's price of Saito ($0.01287508 USD) against its all-time high (ATH) price of $0.110352 on January 03, 2022. The closer the bar is to 100%, the closer SAITO is to reaching its ATH again.
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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.
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