Buy sUSD Now<\/span><\/a><\/div>\nAlways consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.\u00a0<\/i><\/p>\nHow to Buy sUSD \u2013 Full Step-by-Step Walkthrough<\/b><\/span><\/h2>\nThe quickfire walkthrough is designed to teach you how to buy sUSD in a concise manner and thus – will help you get started within a short time. However, if you are learning how to buy a Defi coin for the first time, the quickfire guide may not be precise enough. <\/span><\/p>\nFor this reason, we have prepared a more detailed guide that will explain every step to you. Here it is:<\/span><\/p>\nStep 1: Download Trust Wallet<\/b><\/span><\/h3>\nYou need to start by downloading Trust Wallet. It is a software wallet compatible with Android and iOS, so you should have no limitations based on your device type. Next, set your wallet up by creating a PIN\u00a0 and writing down the 12-word passphrase Trust gives you.<\/span><\/p>\n
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This passphrase is unique to every wallet and others can gain access to your tokens with it. Therefore, write your passphrase down in a safe place and keep it away from others.<\/span><\/p>\nStep 2: Add Cryptocurrency Asset to Your Trust Wallet<\/b><\/span><\/h3>\nYou now have your wallet ready, but you cannot buy sUSD yet. To purchase anything with your wallet, you need to fund it. You can do this in two ways. You can send a major cryptocurrency from an external wallet or buy on Trust using a credit\/debit card.<\/span><\/p>\nSend Cryptocurrency from an External Wallet<\/b><\/span><\/h4>\nThe first way to fund your Trust Wallet is to transfer some assets from an external exchange or wallet. If this is your first time transferring cryptocurrency assets from one wallet to another, follow the steps below.<\/span><\/p>\n\n- Start by clicking on the \u2018Receive\u2019 button on Trust.<\/span><\/li>\n
- Select the cryptocurrency you intend to receive.<\/span><\/li>\n
- Copy the unique wallet address displayed.<\/span><\/li>\n
- Go to the second wallet and paste the address into the box provided.<\/span><\/li>\n
- Enter the amount of cryptocurrency you wish to send.<\/span><\/li>\n<\/ul>\n
Confirm the transaction and wait as your cryptocurrency is delivered to your wallet.<\/span><\/p>\nBuy Cryptocurrency Using Credit\/Debit Card<\/b><\/span><\/h4>\nThe other method is to buy cryptocurrency straight on Trust with your debit\/credit card. We have provided a step-by-step guide for that too.<\/span><\/p>\n\n- On your Trust Wallet homepage, click on \u2018Buy.\u2019<\/span><\/li>\n
- Pick the cryptocurrency you want to buy. It is better to choose a major coin such as BTC or ETH. You can also select SNX since you want to use it to buy sUSD later.<\/span><\/li>\n
- Go through a Know Your Customer (KYC) verification procedure.<\/span><\/li>\n
- Complete the process by uploading a copy of a government-issued means of identification.<\/span><\/li>\n
- Input the amount of cryptocurrency you wish to buy.<\/span><\/li>\n<\/ul>\n
Confirm the transaction and wait while your cryptocurrency is delivered to your Trust Wallet.<\/span><\/p>\nStep 3: How to Buy sUSD through Pancakeswap<\/b><\/span><\/h3>\nOnce you have funded your wallet, the next step is to connect to an exchange platform to swap the cryptocurrency for sUSD. For this, we suggest Pancakeswap. This DEX is one of the best options in the market today, and it makes sUSD available at cheaper rates than on other platforms. <\/span><\/p>\nBuy sUSD on Pancakeswap by following the guide below:<\/span><\/p>\n
<\/span><\/p>\n\n- Connect to Pancakeswap and click on \u2018DEX.\u2019<\/span><\/li>\n
- Click on the \u2018Swap\u2019 button and then \u2018You Pay.\u2019<\/span><\/li>\n
- Pick the cryptocurrency you have in your wallet as the coin you want to pay with.<\/span><\/li>\n
- Enter the amount and move on to the \u2018You Get\u2019 section.<\/span><\/li>\n
- Pick sUSD from the options available and look at the swapping rates between the two assets.<\/span><\/li>\n
- Click on \u2018Swap.\u2019<\/span><\/li>\n<\/ul>\n
Confirm your transaction and wait while your sUSD tokens reflect in your wallet.<\/span><\/p>\nStep 4: How to Sell sUSD<\/b><\/span><\/h3>\nAs you learn how to buy sUSD, you should also understand the best ways to sell. There are two ways to sell your sUSD tokens. You can exchange for another cryptocurrency asset or sell for fiat money. <\/span><\/p>\nWe will explain the two subsequently.<\/span><\/p>\n\n- If you want to exchange your sUSD for another cryptocurrency, the process is similar to how you bought it. What you have to do is follow the process provided in step 3 in reverse order. Choose sUSD under \u2018You Pay\u2019 and the new asset under \u2018You Get.\u2019<\/span><\/li>\n
- To sell sUSD for fiat money, you have to connect to a major exchange platform such as Binance. Then, create a Binance account and send your tokens in. You will have to complete a KYC process to sell your tokens on Binance. Once you do this successfully, you can sell your sUSD for fiat money, such as euros or pounds. Then, you can transfer your funds into your bank account.<\/span><\/li>\n<\/ul>\n
Where Can You Buy sUSD Online?<\/b><\/span><\/h2>\nYou might be curious as to where you can buy sUSD online. You have many options here, from centralized to decentralized exchanges. <\/span><\/p>\nCentralized exchanges used to be the only option for investors until the recent rise and proliferation of decentralized platforms. These platforms, also known as DEX\u2019s, have proved to be the most viable options when buying Defi assets such as sUSD.<\/span><\/p>\nIf you are looking for a DEX to buy sUSD, you can try Pancakeswap.<\/span><\/p>\nPancakeswap \u2013 Buy sUSD Through a Decentralized Exchange
<\/span><\/b><\/span><\/h3>\nPancakeswap is a DEX where you can buy, sell, and swap various cryptocurrency assets, including sUSD. It is an automated market maker (AMM), a type of exchange whereby you are matched against the system rather than other investors. This system eliminates the need for an intermediary, making your purchase of sUSD fast and timely.<\/span><\/p>\nWith growing competition in the market, Pancakeswap has maintained a strong foothold because of the novel features it brings to the game. The first is the diversity of its liquidity pool, where investors deposit different types of assets that others can swap with. This gives you a stream of income that doesn\u2019t involve selling your sUSD.<\/span><\/p>\n
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People deposit tokens in the liquidity pool because the system uses the funds to trade and subsequently generate profits for investors. By investing in the pool, you get a liquidity provider (LP) token. This token serves various purposes, the most important of which is that it allows you to withdraw your investment and profits when you are ready.<\/span><\/p>\nOther enticing features on Pancakeswap include the farms where you can stake and get CAKE, the platform\u2019s native token. You can also earn from other places such as the lottery and the prediction pool. Most of your earnings here will be based on luck and strategies. Finally, fans of collectibles can also earn NFTs on the platform.<\/span><\/p>\nPros:<\/b>
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\n- <\/i> Exchange digital currencies in a decentralized manner<\/li>\n
- <\/i> No requirement to use a third party when buying and selling cryptocurrency<\/li>\n
- <\/i> Supports a sizable number of digital tokens<\/li>\n