What is the cryptocurrency Kishu? How to buy KISHU?
What is Kishu Inu (KISHU)? It is a digital currency inspired by the creation of dog coins and other memes based on dog coins. It can be traded, pledged to earn rewards, or used to purchase irreplaceable tokens (NFT) in Kishu Inu market. Kishu Inu tokens can be purchased at the decentralized encryption exchange. So, how to have it? The following content will answer for you.
1、 What is Kishu Inu (KISHU)?
KISHU is a digital currency inspired by the creation of dog coins and other memes based on dogs. The founder launched this currency in 2021. As a token based on Ethereum, the project even bought billboards in Times Square to promote this currency.
The KISHU ecosystem consists of a decentralized exchange, an NFT market and a liquidity pool (through Uniswap). KISHU holders can also get rewards by betting KISHU tokens on the NFT platform, and the points obtained can be used to create new NFT. However, although KISHU is a speculative investment like all cryptocurrencies, the following points need to be considered before investing in KISHU:
1. KISHU reached a record high of about US $0.000000017547 per currency in May 2021, and the current price is about US $0.00000000639 per currency. This lost about 96% of its value.
2. KISHU does have some uses on its decentralized transaction and irreplaceable token (NFT) platform, but the transaction volume is very small compared with the more popular meme.
3. KISHU mainly competes with dog currency, firewood dog and dozens of other dog-themed cryptocurrencies.
2、 How do I buy Kishu Inu (KISHU)?
1. Find an exchange
KISHU can be purchased at the Decentralized Exchange (DEX), such as Uniswap. It is an exchange that only supports cryptocurrency, which means that a connected digital wallet is required and encryption is used to purchase KISHU. The Kishu ecosystem also includes a DEX called Kishu Swap, where users can purchase Kishu tokens.
2. Purchase ETH for exchange
To purchase KISHU, you need to purchase ETH and transfer it to your digital wallet. Then ETH will be used to exchange KISHU and pay the Ethereum network fee of the transaction. You can also buy ETH in a centralized encryption exchange, such as Bitcoin Base or Gemini.
3. Transfer ETH to digital wallet
When purchasing ETH, you need to transfer it to the Ethereum compatible digital wallet (such as MetaMask wallet) for use in decentralized exchanges. Most exchanges allow currency to be extracted through the entered digital wallet address and transferred out of the platform. Withdrawal of tokens may require payment of network charges. Always ensure that the currency is transferred to the correct wallet address and that your wallet supports currency. If not, our capital may be lost.
4. Connect the digital wallet to the decentralized switch
To connect your digital wallet to a decentralized switch (such as Uniswap or Kishu Swap), you need to ensure that your wallet supports the Ethernet network. When the exchange purchases KISHU, it also needs to have an ETH token balance to pay the network "gas fee".
5. Exchange ETH for KISHU
After connecting the digital wallet to the exchange, the transaction can now be executed. Select the KISHU token, select the number of ETH you want to trade, and confirm the details. After confirming the order details and confirming the transaction, you can purchase KISHU. Then it will be charged a fee for processing the transaction at ETH.
The above content is about what is a Kishu? How to buy KISHU? The answer to these two questions. KISHU is a kind of digital currency, which is inspired by the creation of dog currency and other dog-based meme currencies. You can use Ethereum and compatible digital wallets to purchase KISHU at the decentralized exchange.