How to Buy xSUSHI: Invest in xSUSHI Tokens Today!

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.

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