If you have any interest to buy Sushiba (SUSHIBA), you will be required to have either Bitcoin abbreviated as (BTC) or Ethereum (ETH) for trading purposes. I have reviewed the major cryptocurrency exchange Binance in this post to help you determine the best sites to buy cryptocurrency using a credit card or bank account. Take a read and get tips on the best cryptocurrency trading.
Step 1: How to create a Binance account:
1.1 Visit Binance’s Website (https://www.binance.com/en)
There have been several phishing cases reported over the past years that are imitations to the original site, it is essential to scrutinize the URL to the website keenly. First, be on the lookout for the ‘Secure’ certificate that should pop up in your address bar and that acts as a confirmation of the site’s genuineness. Second, to be extra safe while trading on the platform, ensure to bookmark the authentic site to evade any confusion in future searches.
1.2 Fill in your trading details
You have to fill in your details by going to the ‘’Register” tab found in the right-hand corner of the website’s page and fill in your trading details. For instance, you will need to fill in your mobile number or you choose to use your email address. For the email address, it is necessary to use your main email that you can access easily and the most secure one since you will need it to sign in to your Binance account always.
You also need to choose a strong password for your email; a strong password should comprise a mix of numbers, symbols, upper and lower-case letters. You will receive a 6-digit code via the email you provided as your account’s verification code and for completing the registration process.
1.3 Allow 2FA-Two-factor authentication (Optional)
To make your account more secure you need to allow use of a two-factor authentication after your first log in. Trust me; it is vital to set up the 2FA because it makes your account more secure from any hacking activity!
Every time you log in with the two-factor authentication, you will need to provide a unique code once your type in your email and password. To get your unique code, use the Google authenticator app downloaded into your smartphone.
Step 2: Buying your first Bitcoin (BTC)
To send money to your Crypto wallet account on Binance either directly via your bank account through SWIFT money transfer or you can opt to use your debit/credit card. For this part, I will guide you on how to use your credit card.
Binance previously didn’t allow the use of credit or debit cards on its platform, but the same has been introduced. Binance partnered with Simplex to allow its users to use their credit and debit cards to buy Bitcoin or Ethereum. This has led to faster Crypto transaction speeds, low transaction charges, and more transaction flexibility.
I highly recommend buying Bitcoin first and then trading it for the right amount of Sushiba (SUSHIBA).
It is easy to purchase Bitcoins via your credit card but I will elaborate on best ways you can do it step-by-step to make sure you understand all the trading nitty-gritty.
- Move your mouse’s cursor to ‘Buy Crypto’ tab found on the top bar and activate the dropdown menu. Then choose the currency, For instance, US Dollars, and click the ‘Credit/Debit Card’ to lead you to the next step.
- You be led to the next page; in this page you will see options to choose the desired Bitcoin (Select BTC), and the amount you need to spend to buy your choice Bitcoin amount. The total amount you need to spend will be displayed according to the Bitcoin amount you request and the matching market price at that time (inclusive of all fees). However, you can choose to first set the total charge then the system will automatically calculate the order amount for you.
- Next, click “Buy BTC. A window that contains all the details of your order will pop up. However, before you confirm your order you need to read the disclaimer and Terms of Use. Once satisfied, confirm your order by ticking the tab and head to “Go to payment’’; click.
- Fill in your credit card details and personal information too. Once done, you need to click “Pay now” and give it a moment to verify your details.
- You will be required to verify your email and phone number if it happens to be your first simplex payment via a code send through your email or an SMS. Complete the verification process by opening the link in your email and type in the code you receive via SMS. Once you do all the above, you can click “Continue”.
- Verification of identity follows next via the use of an official document. Basically upload your identification document photo accompanied by your personal details and click the “Upload Document” tab.
Lastly, your personal document will be approved once verified by the system and an email send to show the confirmation of order purchase. Subsequently, your Binance account is credited with the purchased BTC or Ethereum.
Step 3: Create a Metamask Account
Open https://metamask.io website or search for “Metamask extension” in your favorite browser (you can install Metamask for Chrome, Firefox and Opera browsers).
We will show you how to install MetaMask extension for Chrome.
Click Add to Chrome to install MetaMask as Google Chrome extension.
Click Add Extension.
You have successfully installed MetaMask extension. That was easy, isn’t it? Now, it is time to add your existing cryptocurrency wallet.
If you don’t have a wallet yet, you can create one straight away.
When the extension is installed, click on the icon in the upper right corner to open the MetaMask, read and accept the terms.
Create a strong password and click Create.
You will see a 12 words seed phrase. Save seed words as a file or copy them to a safe place and click “I’ve copied it somewhere safe”.
Congratulations! You have successfully created an account in MetaMask with a new wallet address!
Now you can view your address on Etherscan (Ethereum blockchain explorer), check the QR code, copy your wallet’s address to clipboard or export your wallet’s private key.
Step 4: Connecting MetaMask to Binance Smart Chain
We want to access the Settings to point the wallet towards Binance Smart Chain nodes.
On the Settings page, we want to locate the Networks menu.
We want to click Add Network in the top-right corner to manually add the Binance Smart Chain one – it doesn’t come packaged with MetaMask. It’s important to note that there are two networks we can use here: the testnet or the mainnet. Below are the parameters to fill in for each.
Mainnet (This is the one you are probably looking for)
Network Name: Smart Chain
New RPC URL: https://bsc-dataseed.binance.org/
ChainID: 56
Symbol: BNB
Block Explorer URL: https://bscscan.com
Once you Save the Network and return to the main view, you’ll notice one things: the network has automatically been set to the one you just entered.
Step 5: Deposit BNB to your MetaMask wallet
Hover over the account name at the top of the window, which will display “Copy to clipboard”
Click on the account name to copy your address
Paste your address in the “recipient” field in the application where you are sending your BNB or tokens from.
Select the amount you want to send, along with any other necessary steps to complete and submit the transaction and make sure to select transfer network “Binance Smart Chain (BSC) BEP20(BSC)”.
Note: Please consult with the organization of the application you are using for information on how to transfer your BNB/tokens.
Step:6 How to Make Your First Trade on Pancakeswap
First head over to the Pancakeswap exchange platform.
On the top right, click the ‘Connect to a wallet’ button, and log in with the wallet you wish to trade with.
We’ll log in with a MetaMask wallet.
Once logged in, the trading interface will appear.
In the top field, select the token you wish to exchange for the token you want. We’ll select BNB. In the bottom field, search for the token you wish to purchase, or select it from the drop-down menu, in this case (SUSHIBA).
Now you’re ready to set up your order. You can either choose how much you want to spend by entering a number in the top field, or choose how much to buy by entering a number in the bottom one.
At the bottom of the order menu, you’ll then see how much you can expect to receive.
If you’re happy with these figures, click the ‘Swap’ button.
Your wallet click will then prompt you to confirm the trade, and potentially adjust the fees to a number that works best for you.
When you’re ready, confirm the transaction and it will then be processed. Once it’s done, your tokens will appear in your ERC20 wallet.
Other Exchanges to Buy Cryptos
The following are other sites you can buy from these exchanges:
HotBit (Which permits US investors)
MXC (This exchange allows US investors)
On top of the above-listed exchanges, there are some more common crypto exchanges where daily trading volumes and a huge user base is available. This helps to ensure that you can sell your coins any time you want and the charges for the trading are not high. It is recommended that you should also register on these exchanges because whenever Sushiba gets listed there it give the traders who have already registered a large amount of trading volumes, that means you will be provided with some great trading opportunities!
Final Step: How to Store Sushiba securely in hardware wallets
1. Ledger Nano S
- Easy to set up and has a friendly trading interface.
- Allows use on desktops and laptops
- Lightweight and Portable too
- Has been designed to Support most blockchains and a wide range of (ERC-20) tokens
- Has many trading languages.
- Designed by a well-established company found in 2014 with great chip security
- It is not expensive but can be acquired at affordable price
2. Ledger Nano X
- It made with a more advanced and secure element chip (ST33) than Ledger Nano S
- Has an easy design that allows the use on desktop or laptop, or even smartphone and tablet through Bluetooth connection.
- Also Lightweight and Portable and has a built-in rechargeable battery
- Has a Larger screen
- Comes with more storage space compared toLedger Nano S
- It supports most blockchains and wide range of (ERC-20) tokens
- Provides several languages for every customer
- It was designed by a famous company found in 2014 with great chip security
- Can be obtained at an affordable price
If you still have plans to stay at hodl” as some people call it, basically misspelt “hold” (which become famous as time passes) your Sushiba for some long time, you need to find ways to ensure it stays safe safe,
However Binance is the most safe cryptocurrency exchange, in the past few years there have been hacking incidents and funds were lost. Because of the design of the wallets in exchanges, they will be accessible always via the internet (“Hot Wallets” as they are called), therefore exposing certain aspects of weaknesses.
Thus safeguard your cryptos by putting them in “Cold Wallets”, where the wallet will only have access to the blockchain(or simply “go online”) when you send out funds,. This reduces the chances of being hacked. For example, use a paper wallet which is a type of free cold wallet. It can also be defined as an offline-produced pair of public and private address and that you write on a paper for keeping safely with you. But, it is not permanent and may be faced by certain risk.
Thus, Hardware wallet is therefore the best compared to cold wallets. Since they are usually USB-enabled devices that can hold the key information of your wallet in the safest manner. Also they are designed using military-level security and their firmware’s are continuously upgraded by their manufacturers and this makes them extra safe to use. For example, Ledger Nano S and Ledger Nano X and are most common hardware wallets, you can buy one at $50 to $100 depending on the specifications they have. I highly recommend these for holding your assets because these wallets are a worthy every penny according to my experience and opinion.
Frequently Asked Questions
Is it possible to buy Sushiba with cash?
The answer is No. Because there is no way you can directly buy Sushiba with cash. But, using marketplaces such as LocalBitcoins to first buy Bitcoin, and completethe rest of the steps by transferring your bitcoin to respective AltCoin exchanges.
How do I Buy Bitcoin from local sellers?
You can go to LocalBitcoins that is a peer-to-peer Bitcoin exchange. It is more of a marketplace where users can buy and sell Bitcoins to and from each other. Users, known as traders, make advertisements to show their price and the payment method they want used. Then buyers buy from the traders to buy from sellers in a particular nearby region on the platform. LocalBitcoins is after all a good place to go to buy Bitcoins when it is impossible for you to find your favorite payment methods somewhere else. The site’s prices are high and you have you have to be extra careful to avoid conmen.
What are the quickest ways I can buy Sushiba while living in Europe?
While in Europe you have the advantage of buying cryptos in an easy and quick way. Because Europe has even online banks which help buyers to simply open an account and transfer money to exchanges such as Coinbase and Coinmama. Such banks which are common as online banks in Europe are Bunq, N26 and Revolut.
Can I use alternative platforms to purchase Sushiba or Bitcoin with credit cards?
Yes you can, you just need to visit Changelly which an easy to trade in site especially when it comes to buying Bitcoin with credit cards. It provides an automatic cryptocurrency exchange that gives a buyer the opportunity to exchange crypto fast and buy them using credit card. It has been designed to allow users to have easy crypto buying since it has a simple user interface and provides instructions that are easy to follow too.
About Sushiba (SUSHIBA)
What Is Sushiba (SUSHIBA)?
Sushiba is a BEP-20 token created in May 2021 with the aim to bridge the gap between food-related tokens and dog-related tokens, hence the portmanteau Sushiba, coming from Sushi plus Shiba.
Sushiba is a token that will become the centrepiece of an AI-Based decentralized Marketplace with unique, decentralized applications.
The features of the token in of itself are:
- Reflect Finance Tokenomics: a set percentage of each transaction is redistributed to each token holder.
- Burn/Transaction Fees: a set percentage of each transaction is automatically burned, therefore, gradually reducing the circulating supply.
The Sushiba journey started with the observations of one of its founders that a vast number of features that are taken for granted in modern day applications are not as ubiquitous within the DeFi space. Machine learning systems managing data and user preferences, utilized in major web-applications such as YouTube, Instagram, Amazon, in the meantime can be found everywhere in their company-based counterparts.
The application of machine learning algorithms alongside the blockchain technology is the logical solution to creating a better customer experience as it enables the natural evolution of society in becoming more and more decentralized. Decentralization should however not necessarily mean the loss of the standard AI-based features everyone is used to and is so familiar with today. This gap has motivated the founders to seek out more efficient ways to optimize the user’s experience within decentralized networks.
Who Are the Founders of Sushiba?
Sushiba was launched by two main founders, Andrea Chello and Weiyu Tang.
Chello has had three years of experience as a finance professional, working in various investment and hedge funds. He left the finance space to dive into the world of data science and data analytics as a Data Scientist for two years, due to his fascination with data and technology. This redefined his entire viewpoint when it came to understanding the integral part data plays in the decision making of an individual or company vis-à-vis the financial markets.
He has also a bachelor’s degree in Economics and three master’s degrees in corporate finance, investment management and financial engineering respectively.
At the time of launch, he noted that many features that are taken for granted in modern day applications such as YouTube, Instagram etc. (i.e. machine learning systems to manage data and user preferences) are not as ubiquitous within the decentralized space as they are in their traditional company-based counterparts.
Chello has also worked extensively as a full-stack web developer as of 2020, building e-commerce websites for shops in need of adapting to the Covid-19 crisis. This was vital for the shops as they were forced to close for extended periods at a time and were in need of an online presence to continue operating.
Tang is a recent postgraduate with both bachelor’s degree and master’s degree in Accounting and Finance. Her professional experiences involve working as a risk analyst in the financial industry as well as starting her own start-up during her undergraduate degree. This was aimed at improving the utilisation efficiency of campus resources in major Chinese universities. After years of exploring and accumulation of competences, Tang not only has a solid knowledge base of accounting and finance, but also developed her interests and skills in the technology field. She is an excellent data analyst and programmer, as her projects speak for themselves, one of them being building her own cryptocurrency and blockchain with associated web-app in Flask and creating her own algorithms for it.
As a creative and ambitious person, Tang would like to further integrate blockchain and cryptocurrency and bring more real world value to the crypto market.
What Makes Sushiba Unique?
As opposed to the majority of tokens, the real-world uniqueness of Sushiba, comes from its goal of creating an AI-based decentralized marketplace on which tokens can be earned or farmed, which will also be spendable on real-world services or goods. One of the issues with cryptocurrencies is that merchants are rather slow in accepting them. A decentralised marketplace with the necessary modern-day features would be one small step towards greater adoption of cryptocurrencies and Sushiba, and would give a real-world value to the token.
The rollout of the Sushiba ecosystem will take place in the form of partnerships with suppliers in different industries, providing the tokens with a real use-case and value. Industries like gaming, real estate and retail could benefit from such partnerships by means of creating and providing an alternative to people with the power of decentralisation. This should, in theory, provide more tailored services to a wider range of people.
As it has been noted earlier, many features that are taken for granted in modern day applications such as YouTube, Instagram etc. (i.e. machine learning systems to manage data and user preferences) are not as prevalent in the DeFi space.
One of the vital components of any marketplace is data management. Sushiba recognises the need for data management and will be rolling out custom AI solutions, data analytics and recommendation systems to help foster the integration of a truly decentralised marketplace.
This can be imagined as applying the YouTube recommendation algorithm to the retail world on a decentralized network. Shopping recommendations are intelligent and relevant and they take place on a decentralised marketplace. Such algorithms could also be used to improve user experiences and help with fraud detection and prevention, as each product would be fully traceable from the point of manufacture to the point of confirmation of satisfaction from buyers end.
The project could be summarised as aiming to become the Amazon of cryptocurrencies.
How will this be implemented?
Sushiba is only the start, as it represents the foundation onto which the entire ecosystem will be built. New portmanteau services combining food and dog related themes will be introduced as the Sushiba Family.
Each member of the Sushiba family will act as an individual microservice that will form the basis of our ecosystem. Decentralized apps will range from swaps, to decentralized exchanges, to recommendation systems, to full-fledged data analytics platforms and back-end services to manage each unique combination of tokens.
Sushiba is part of an ever-expanding decentralized industry and will bring real value added by combining the decentralization of the blockchain to more smart and customized experiences with the aid of AI-based services.
The end goal would be the creation of an AI-based, decentralized marketplace. The creation of such a marketplace will be accompanied by many gamification aspects, such as incentive reward systems and badges, much like the old-school Foursquare gamified badge system. This will be used in conjunction with recommendation algorithms to improve user experience and ultimately give real-world value to each reward in the form of products and services, as well as discounts on said products and services.
Where Can I Sushiba (SUSHIBA)?
SUSHIBA is available for trading on a growing number of exchanges, the main one at the moment is PancakeSwap where you can exchange BNB (Smart Chain) for SUSHIBA.
[https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xa96658cd0d04a8fdcdc30d1156cc65bbfc7591ed]
How Many Sushiba (SUSHIBA) Coins Are There in Circulation?
The initial total supply of Sushiba was 1 Quadrillion, with an initial burn of 50%, with transaction has [https://bscscan.com/token/0xa96658cd0d04a8fdcdc30d1156cc65bbfc7591ed?a=0x000000000000000000000000000000000000dead], putting the circulating supply at 500 trillion tokens.