xSUSHI is a passive yield-bearing token similar to Sushiswap. It is obtained when staking via the Sushi Bar. The interest comes from the 0.05% swap charges taken from every deal in Sushiwap. 

The coin is worth more than the regular Sushi token, and the gains are dependent on the quantity of Sushiswap held. No vesting period exists, unlike the Sushi rewards that are issued to liquidity providers.

This guide will provide you with all you need on how to buy xSUSHI tokens. 

How to Buy xSUSHI—Quickfire Walkthrough to Buy xSUSHI Tokens in Less Than 10 Minutes

Being a decentralized finance (Defi) coin, the best way to buy xSUSHI is through a DEX like Pancakeswap. This is a leading decentralized exchange on Binance Smart Chain (BSC) that allows for the purchase of a token without an intermediary. 

You can buy xSUSHI tokens in less than 10 minutes following the steps below.

  • Step 1: Get a Trust Wallet: This is the best option to connect with Pancakeswap seamlessly. You can download the app on your Android or iOS device.
  • Step 2: Search for xSUSHI: On the Trust Wallet app, search for ‘xSUSHI.’
  • Step 3: Fund your Wallet with Cryptocurrency: You have to first fund your wallet before you can buy xSUSHI. You can make a cryptocurrency deposit by either buying with your debit/credit card or sending tokens from an external wallet.
  • Step 4: Connect to Pancakeswap: You can connect to Pancakeswap via Trust Wallet. Click on ‘DApps’ on the Trust Wallet app and choose Pancakeswap. Click on ‘Connect’ to proceed.
  • Step 5: Buy xSUSHI: After connecting Pancakeswap to your wallet, click on ‘Exchange.’ Go to the drop-down box beneath the ‘From’ tab and pick the token you want to swap for xSUSHI. Click on the ‘To’ tab and select xSUSHI. Enter the number of xSUSHI tokens you want. Click on ‘Swap’ to confirm the transaction. 

Once you have confirmed the transaction, your xSUSHI will appear in your wallet immediately. Likewise, you can use Trust Wallet to sell your xSUSHI tokens when you are ready. All you need to do is head to Pancakeswap to perform the trade. 

Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile. 

How to Buy xSUSHI—Full Step-By-Step Walkthrough

Being a novice to the cryptocurrency market and digital tokens, the quickfire guide above might be a little hard for you to comprehend. This makes it important to get a more in-depth approach on how to buy xSUSHI.

After all, buying a decentralized finance coin and accessing a DEX platform can be quite daunting. As such, the step-by-step walkthrough below breaks down the process.

Step 1: Download Trust Wallet

For you to use a decentralized exchange like Pancakeswap, you need a wallet. Trust Wallet is the best option when you seek to connect and interact with the DEX. Besides being backed by the most prominent exchange platform, Binance, it is easy and safe to use.

Trust Wallet is a mobile wallet and can be downloaded on your device via Google Playstore and Appstore. Once installed, open and follow the necessary steps to create your account. In the process of setting it up, you will need to create a solid and memorable PIN. This is required to open the app anytime you want to log in.

Likewise, you will get a 12-word passphrase. The passphrase is relevant to recover your wallet in case you lose your device or forget your PIN. It is best to write it down and keep it in a safe place.

Step 2: Fund your Trust Wallet

Being brand new, your Trust Wallet is going to be empty. Therefore, you need to fund it with cryptocurrency before you can buy xSUSHI. There are two ways in which you can fund your wallet:

Send Cryptocurrency from an External Wallet

This is the easiest way to fund your new wallet. But, you can only use this option when you have cryptocurrency in an external wallet. 

Below are the steps.

  • Open your Trust Wallet app.
  • Select ‘Receive’ and pick the digital token you want to send in.
  • You will be sent a unique wallet address. This is the address that will be pasted in the ‘Send’ section on the external wallet.
  • After pasting the unique address, input the amount of cryptocurrency you want to send. Proceed to confirm the transaction.

Your Trust Wallet will be credited with the cryptocurrency immediately.

Buy Cryptocurrency using your Debit/Credit Card

If you are just entering the digital currency market and do not have tokens in an external wallet, this is the option for you. 

One of the advantages of using Trust Wallet is that it allows its users to purchase digital tokens using a debit/credit card.

Here are the steps below.

  • Open your Trust Wallet app.
  • Select ‘Buy.’ This is located at the top of the app.
  • You will be shown all the tokens you can buy with your card.
  • Select the token of your choice. It is preferable to go for Binance Coin or any other well-known cryptocurrency like Ethereum.
  • You will need to go through a Know Your Customer (KYC) process. This is a set of processes that permit banks and other financial institutions to verify the identity of individuals and organizations they do business with and guarantee those bodies are operating legally. This is because you are trading with fiat money.
  • On completing the KYC process, input your card details and the amount of cryptocurrency you want to purchase. 
  • End by confirming your transaction. 

Step 3: How to Buy xSUSHI through Pancakeswap

After funding your Trust Wallet, you can then proceed to buy xSUSHI through Pancakeswap. The first thing to do is connect Pancakeswap to your Trust Wallet. Then, buy xSUSHI tokens by swapping the cryptocurrency you have in your Trust Wallet for it. 

Here is the process below. 

  • Connect Pancakeswap to your Trust Wallet.
  • Click on ‘DEX.’ This is on the Pancakeswap page. 
  • Click on the ‘Swap’ tab.
  • The ‘You Pay’ and ‘You Get’ tabs will be displayed. 
  • Select the token you are paying with on the You Pay tab. Ensure it is the cryptocurrency you already have in your Trust Wallet.
  • Select xSUSHI from the You Get tab. 
  • You will be shown the equivalent xSUSHI you will receive in return for the amount of cryptocurrency you paid with. 
  • Click on ‘Swap’ to complete the transaction. 

The xSUSHI token you have bought will be sent to your Trust Wallet. 

Step 4: How to Sell xSUSHI

Once you have purchased your xSUSHI tokens, you will want to make a profit from them over a period of time. This is why a discourse on how to buy xSUSHI will not be complete without mentioning the selling process. Since you need to trade your digital asset to realize its worth, it is necessary to understand how it works accordingly. 

  • If you want to swap xSUSHI with another digital asset, you can use Pancakeswap. All you need to do is swap it for another token, as explained in Step 3. 
  • If you want to receive cash in return for your xSUSHI token, you will have to sell it elsewhere. This can be done through a third-party cryptocurrency exchange. 

Note that to use a third-party exchange platform to cash out to fiat money, you will have to undergo a KYC process. 

Where can you Buy xSUSHI Online?

xSUSHI’s worth in the market makes it a coin of interest in the cryptocurrency arena. You can easily buy it through different exchanges. 

However, if your aim is an uninterrupted and swift transaction, the best option for you is to use is a decentralized exchange platform like Pancakeswap.

Here are the reasons why you should consider this DEX.

Pancakeswap—Buy xSUSHI Through a Decentralized Exchange

Pancakeswap is a decentralized exchange (DEX) that enables you to trade cryptocurrencies without a centralized intermediary, keeping custody of your digital asset all the while. It is built on automated intelligent contracts deployed on the Binance Smart Chain, which is the blockchain platform run by the exchange of the same name.

While it started as a copy and paste of Uniswap on a different blockchain, Pancakeswap has developed a host of features that has resulted in a loyal customer base. These features include the Lottery, Prediction, and Initial Farm Offerings. Pancakewap now has a higher Total Value Locked than Uniswap and more daily transactions.

Pancakewap has developed an excellent suite of products on its platform that are beneficial to users. First, you have Syrup Pools (staking), where you can stake CAKE and earn the same or other available assets at an APR well over 50%. Secondly, the exchange just introduced an automatically compounding CAKE pool, so users do not have to grow their stakes manually.

Next, there are farms, where users can provide liquidity in the form of an asset pair such as CAKE and Binance Coin (BNB) – to get CAKE rewards. These farms can yield impressive returns, although they are just as risky when you provide liquidity to a very volatile asset. You can get started with Pancakeswap by connecting Trust Wallet to the exchange.

Pros:

  • Exchange digital currencies in a decentralized manner
  • No requirement to use a third party when buying and selling cryptocurrency
  • Supports a sizable number of digital tokens
  • Allows you to earn interest on your idle crypto funds
  • Sufficient levels of liquidity – even on smaller tokens
  • Prediction and lottery games


Cons:

  • Might appear daunting at first glance for newbies
  • Does not support fiat payments directly

Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile. 

Ways to Buy xSUSHI

For a complete understanding of how to buy xSUSHI, it’s essential to know your options. It is quite easy to buy this coin, and there are different ways to go about it. With these options available, you can quickly find one to meet your needs. 

Here are the two major ways to buy xSUSHI.

Buy xSUSHI with Cryptocurrency

You can buy xSUSHI with a different cryptocurrency if you already have digital assets in an external wallet. All you need to do is transfer such digital assets into your Trust Wallet and swap them for xSUSHI using Pancakeswap.

Trust wallet allows you to conveniently connect to Pancakeswap. Likewise, it is easy to use. This accounts for why we suggest it as the best option.

Buy xSUSHI using your Debit/Credit Card

If you want to buy xSUSHI using your debit/credit card, you can use either a centralized or decentralized exchange. However, a DEX allows you to complete this process without a third party. Using a decentralized exchange like Pancakeswap, you will have to buy another cryptocurrency first and swap for xSUSHI.

Trust Wallet allows you to buy cryptocurrency using your debit/credit card. Then, all you need to do is connect to Pancakeswap and exchange the cryptocurrency for xSUSHI.

Should I Buy xSUSHI?

If you see yourself asking this question, then you’re likely getting the cryptocurrency buzz already. This is a question most people ask about several digital tokens. However, it is also a question best answered by you after doing adequate and rigorous research.

This implies that your decision to buy xSUSHI should be based on your knowledge and understanding of the coin itself. Yet, in this how to buy xSUSHI guide, we want to help you through the entire process. So, we have provided below some key considerations to make before you buy xSUSHI.

Similar to Sushiswap Liquidity Provider Token

xSUSHI is a project similar to Sushiswap's Liquidity Provider tokens that you get in return for staking in the Sushibar. While keeping the token, it will appreciate, as fees from the exchange platform are served to the Sushibar. Therefore, the xSUSHI token is always worth more than a regular SUSHI token.

This makes it an interesting project for anyone looking to make the most of their hodling strategy. Yet, regardless of this impressive feature, it is essential to understand the coin’s price trajectory before going ahead with investing. This will shape your perspective adequately and also put you in a better purchasing capacity.

Possibility to be Listed as a Collateral

A proposal has been tendered on the AAVE forum to list xSUSHI as collateral. AAVE is one of the preeminent platforms built on top of the Ethereum blockchain. It facilitates lending or borrowing ventures and has an excellent standing in the Defi arena. 

If approved, it will positively affect the project and increase yield-generating opportunities with the xSUSHI collateral. The staking yield on offer is quite impressive, which is a factor many investors will consider before delving into the project.

Taking Advantage of the Dip

xSUSHI experienced an all-time high in May 2021, where a token was worth $25.39. Its all-time low was on June 22, 2021, when it was worth $6.99 per token. At the time of writing in late July, it is worth over $9 per token. This gives you a short-to-medium xSUSHI price target to consider.

For example, if you believe in the long-term prospect of xSUSHI and believe it will eventually exceed a price of $25, this would offer you an upside with great returns. 

xSUSHI Price Prediction

xSUSHI is a highly volatile and speculative digital token, just like other cryptocurrencies. Its value is driven by market speculation, making a price prediction quite a difficult task. 

You will come across several so-called prediction experts on the internet with no tangible data to back the projected position. As such, only base your xSUSHI investment strategy on personal research rather than online predictions. 

Risks of Buying xSUSHI

It will help if you look into the risks involved before you buy xSUSHI tokens. This is a key thing in understanding how to buy xSUSHI. Like every other digital token, the main risk is the rise and fall of its value in the cryptocurrency market. If you decide to cash out when the price goes lower than the amount you bought, you will run at a loss.

This is why you should take a risk-conscious approach to xSUSHI.

  • Invest modestly by ensuring you do not go all in.
  • Buy xSUSHI in small but regular amounts. This is called the dollar-cost averaging strategy.
  • Expand your xSUSHI cryptocurrency portfolio by investing in other Defi coins.

Best xSUSHI Wallet

For a thorough understanding of how to buy xSUSHI, you need to know the role of a cryptocurrency wallet. After all, once you have xSUSHI tokens, the next thing to think about is how to keep them safe and secure. To do this, you require a wallet that will offer you adequate security and convenience. 

Below is a selection of the best xSUSHI wallets in the market. 

Trust Wallet—Overall Best xSUSHI Wallet

Trust Wallet is the overall best xSUSHI wallet available. Being a software wallet, it can be downloaded on your iOS or Android device. Likewise, it is convenient to use and allows you to exchange your cryptocurrency without leaving the app.

You just have to connect it to Pancakeswap—the best decentralized exchange—and buy your coin. The wallet also allows you to track the chart and price of xSUSHI within the app.

Ledger Nano—Best xSUSHI Wallet for Security

Ledger Nano is a hardware wallet that permits you to remain offline while giving your digital tokens maximum security. It is the best to use if you are a long-term investor or you are buying a large amount of xSUSHI.

It also allows you to retrieve your xSUSHI tokens remotely if your wallet is stolen, lost, or damaged. This can be achieved via the backup passphrase given during the wallet setup.

MetaMask Wallet—Best xSUSHI Wallet for Desktop

MetaMask is a desktop wallet and gateway to blockchain applications that integrate well. The wallet allows you to safely keep your xSUSHI tokens and access all decentralized exchanges.

It also has a mobile version. This way, you can switch between the two platforms depending on your choice. 

How to Buy xSUSHI—Bottom Line

Finally, on how to buy xSUSHI, the process is best completed through a decentralized exchange like Pancakeswap. Likewise, you can access Pancakeswap via the Trust Wallet. This is the best wallet offering ease and convenience. With this wallet, you can also buy cryptocurrency via your debit/credit card.

Ensure you do adequate research before you buy xSUSHI tokens and do not base your decisions on online predictions.

Buy xSUSHI Now via Pancakeswap

 

 

Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.

 

FAQs

How much is xSUSHI?

At the time of writing in late-July 2021, xSUSHI is worth just over $7 per token.

Is xSUSHI a good buy?

xSUSHI is worth more than the regular SUSHI coin in the market. This is one of the major factors to consider when researching the project. Yet, it is best to base your decision on personal research as there are risks involved in buying xSUSHI, just like other digital tokens.

What is the minimum xSUSHI tokens you can buy?

In the cryptocurrency world, it is possible to buy even tiny fractions of an xSUSHI token. So essentially, you can buy as little or as much as you want.

What is the xSUSHI all-time high?

xSUSHI hit an all-time high on May 18, 2021, when one xSUSHI token was worth $25.39.

How do you buy xSUSHI using a debit/credit card?

The process starts with getting a wallet. Preferably, get Trust Wallet because it allows you to buy digital tokens with your debit/credit card if you do not have any cryptocurrency to hand. After the purchase, connect your Trust Wallet to Pancakeswap and go ahead to buy xSUSHI.

How many xSUSHI Tokens are there?

At the time of writing, there is a maximum supply of over 61 million xSUSHI tokens.