How To Buy Akita Inu (AKITA)?

A common question you often see on social media from crypto beginners is “Where can I buy Akita Inu?” Well, you’ll be happy to hear it is actually quite a simple and straightforward process. 

Step 1: Create an account on an exchange that supports Akita Inu (AKITA)

First, you will need to open an account on a cryptocurrency exchange that supports Akita Inu (AKITA).
We recommend the following based on functionality, reputation, security, support and fees:

In order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.

Note: On specific exchanges, you might need to complete a Know Your Customer (KYC) procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.

Step 2: Deposit funds into your account

Many cryptocurrency exchanges will allow you to purchase Akita Inu (AKITA) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.

Note: Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.

Step 3: Buy Akita Inu (AKITA)

This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for Akita Inu (AKITA) or Akita Inu (AKITA) trading pairs. Look for the section that will allow you to buy Akita Inu (AKITA), and enter the amount of the cryptocurrency that you want to spend for Akita Inu (AKITA) or the amount of fiat currency that you want to spend towards buying Akita Inu (AKITA). The exchange will then calculate the equivalent amount of Akita Inu (AKITA) based on the current market rate.

Note: Make sure to always double-check your transaction details, such as the amount of Akita Inu (AKITA) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or purchase a hardware wallet for the highest level of protection.

Alternative ways to buy Akita Inu (AKITA)

Because the project is very new, it is only offered directly on a select number of exchanges. If you’re not comfortable connecting your bank account to any of these smaller exchanges, or if you cannot connect your bank account to them for geographical reasons. Then you can instead create an account on any of the major exchanges and simply transfer the funds from there.
Out of the major exchanges we recommend the following based on functionality, reputation, security, support and fees:

For more in-depth instructions, our ‘Absolute Beginner’s Guide To Cryptocurrency Investing‘ will take you through the process step-by step. In addition to providing instructions for sending and receiving your cryptocurrency.
And if you’re completely new to crypto our beginner, intermediate and advanced level articles will get you up to speed with everything you need to know about the cryptocurrency space starting out. 

The Akita DAO is a forward-looking organization dedicated to creating valuable products and applications to benefit AKITA token holders. The AKITA token has evolved from its humble beginnings as a meme token to become a genuine community-owned asset, thanks to the collaborative efforts of its initial group of supporters. The Akita DAO provides an avenue for participants to propose innovative ideas and improvements, as well as to participate in the governance system using the HACHI token, thus ensuring that decision-making remains a community-driven process.

AKITA, or Akita Inu, is an ERC-20 token on the Ethereum blockchain, as outlined here. Initially conceived as a meme token without a team or project, akin to a younger sibling of Dogecoin and Shiba Inu, AKITA has since garnered the support of over 45,000 dedicated token holders. The project now boasts a committed team known as Polarfox Labs and numerous moderators working tirelessly to unite and guide the growing community.

Under the auspices of Polarfox Labs, the team is striving to transform AKITA from a meme token into a versatile and valuable token with multiple use cases. When AKITA was first minted, it had a limited supply of 100 trillion tokens. Half of this supply was sent to Ethereum co-founder Vitalik Buterin, while the original token creator burned 5 trillion tokens along with the contract keys, ensuring that no additional tokens could be minted.

As of March 2023, there are three primary projects involving AKITA:

• The DreamSwap exchange on Ethereum: This project will enable users to stake their AKITA alongside other dog tokens.

• The Avalanche/Ethereum bridge: This bridge will facilitate the seamless transfer of AKITA between the Ethereum and Avalanche blockchains.

• The Polarfox decentralized exchange: Serving as the team’s main project, this exchange will be built on the Avalanche blockchain and will incorporate AKITA in several ways:

  1. Users will need a specific amount of AKITA tokens to gain access to the pre-sale of PFX (Polarfox) tokens.
  2. The AKITA governance token, known as gAKITA, will be earned on the Polarfox platform.
  3. The AKITA governance system will be implemented on the Polarfox exchange.

By fostering a positive, educational environment, the Akita DAO seeks to empower its community and elevate AKITA’s potential as a token with a range of practical applications. As the projects continue to develop and gain traction, the future of AKITA looks increasingly promising.

What is AKITA Network?

AKITA Network is a unique combination of a community and social experiment focused on tokenomics. It aims to unite individuals who share a common interest in investing in a collective experience. By leveraging the power of a decentralized and anonymous social media platform, AKITA Network provides its visionaries and token holders with an opportunity to engage with selected vendors and organizations, all of which have been chosen by the community members and benefactors themselves.

This innovative approach allows the AKITA Network to foster a strong sense of unity among its participants while promoting the values of decentralization, anonymity, and community-driven decision-making. By enabling direct interaction between its members and selected partners, AKITA Network encourages the growth and development of a thriving ecosystem that supports the token’s utility and overall value.

What is Hachi?

HACHI is an ERC-20 governance token designed specifically for the holders of the digital currency known as Akita Inu. To ensure that you are interacting with the correct token, always verify the contract address for HACHI before making any transactions. HACHI can be purchased on various exchanges.

HACHI empowers its holders to voice their opinions in the Akita DAO, a community-driven organization with a distributed leadership structure committed to creating a sustainable ecosystem for its members. The Akita DAO relies on its current funding from Gitcoin (available until Q1 2027) and any potential future revenue streams to support the ongoing development and growth of the ecosystem. By connecting to the Akita DAO platform, HACHI holders have the ability to vote on proposals that will guide the development process of the ecosystem.

In the future, HACHI will also serve as a means to purchase AKITA tokens. This added utility further strengthens the relationship between the two tokens and contributes to the overall growth and success of the Akita Network ecosystem. By offering a governance token like HACHI, the Akita Network encourages community participation and fosters a sense of ownership among its members, ultimately driving the project’s long-term success.

What is Polarfox Labs?

Polarfox Labs, initially known as the Polarfox Project, emerged from a crucial necessity: the AKITA token was missing both a team and a project to support its growth. To address this need, various community members joined forces, ultimately forming the Polarfox Labs team. The decision to integrate AKITA into a decentralized social network was made collectively by the community.

As the developers delved into the challenges of creating a social network on the Ethereum blockchain, they realized that a new concept was required, which led to the birth of Polarfox. Polarfox Labs aims to construct an ecosystem centered around a decentralized exchange (DEX) to facilitate the development of future projects within the ecosystem.

Polarfox Labs’ initial focus is on developing the DEX, which will resolve the primary obstacle for building DeFi products: sufficient liquidity. Once established, the DEX will serve as the central funding source for the development team, allowing them to continue expanding the ecosystem.

In summary, Polarfox Labs originated from the AKITA community’s desire for a dedicated team and project. With the vision of creating an ecosystem revolving around a DEX, Polarfox Labs is poised to address the challenges of DeFi product development, ensuring a strong foundation for the growth and success of the AKITA token and its associated projects.

What is PFX?

PFX is the native token of the Polarfox Decentralized Exchange (DEX), which operates on the Avalanche blockchain. Designed with deflationary tokenomics, PFX is set to appreciate in value naturally over time, making it an attractive asset for long-term holders.

Transaction Mechanism and Token Distribution

Each transaction involving PFX includes a 0.30% fee, which is allocated as follows:

• Burn Mechanism: 0.27% of the transaction is permanently removed from the circulating supply by being sent to a burn address (0x0). This deflationary mechanism ensures a gradual decrease in token supply, consequently increasing the token’s value over time.

• Development Funding: The remaining 0.03% of the transaction fee is directed to a dedicated developer wallet, providing essential resources for ongoing development, maintenance, and growth of the Polarfox ecosystem.

PFX serves as the backbone of the Polarfox DEX and plays a crucial role in sustaining the development of the ecosystem. Its deflationary nature positions PFX as an appealing investment opportunity, with potential long-term value appreciation for its holders.

Akita Inu development updates in 2023

Akita Inu, a decentralized cryptocurrency project, has been actively evolving in 2023. Built on the Ethereum blockchain, this project aims to provide a fair and transparent financial system and is named after the Japanese breed of dogs known for their loyalty and bravery. Here are some of the key developments and features that have marked its progress:

• Decentralized Community Experiment: The Akita Inu project operates as a 100% decentralized community-driven development. Without any founders or team tokens, the project emphasizes a community-led approach to decision-making and project development.

• Token Distribution and Trust: The team has taken significant steps to ensure decentralization and trust in the project. This includes locking 50% of the total AKITA token supply in a Uniswap pool and discarding the keys permanently. The other half of the supply was burned to Ethereum co-founder Vitalik Buterin’s wallet, reinforcing the project’s commitment to decentralization.

• Tokenomics: AKITA has a maximum supply of 100 trillion tokens, with a significant portion of its circulating supply already in circulation. The project’s approach to token distribution is designed to foster a fair and equitable system for all participants.

• Governance and Use Cases: AKITA serves various functions within its ecosystem, including governance, payment, and staking. These use cases reflect the project’s ambition to create a versatile and user-centric platform.

• Decentralized Exchange (DEX) Integration: Akita Inu includes a decentralized exchange feature, enabling users to trade cryptocurrencies without intermediaries. This aligns with the project’s vision of a transparent and secure financial platform.

• Community Involvement: A key feature of Akita Inu is its reliance on community involvement for shaping the project’s direction. The project team comprises volunteers who are dedicated to realizing the vision of a fair financial system.

These developments showcase Akita Inu’s commitment to creating a decentralized ecosystem with diverse financial use cases, driven by community involvement and trust.

Official website: https://akita.network/

Best cryptocurrency wallet for akita inu (akita)

There are plenty of different crypto wallets available. The best one for you depends on your general trading habits and which provides the most security in your situation. There are two main types of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical). Both have their pros and cons, and there is not necessarily a right or wrong answer when it comes to figuring out which crypto wallet is best for you.

HOW DO I DECIDE WHICH cryptocurrency WALLET TO USE for akita inu (akita)?

Deciding which type of wallet to use depends on a variety of factors, including:

• How often you trade. In general, hot wallets are better for more active cryptocurrency traders. Quick login ability means you are only a few clicks and taps away from buying and selling crypto. Cold wallets are better suited for those looking to make less frequent trades. 
• What you want to trade. As mentioned earlier, not all wallets support all types of cryptocurrencies. However, some of the best crypto wallets have the power to trade hundreds of different currencies, providing more of a one-size-fits-all experience.
• Your peace of mind. For those worried about hacking, having a physical cold wallet stored in a safe deposit box at the bank or somewhere at home, provides the safest, most secure option. Others might be confident in their ability to keep their hot wallets secure.
• How much it costs. It is important to investigate the costs associated with each wallet. Many hot wallets will be free to set up. Meanwhile, cold wallets, like any piece of hardware, will cost money to purchase.
• What it can do. While the basics of each cryptocurrency wallet are the same, additional features can help set them apart. This is especially true of hot wallets, many of which come with advanced reporting features, insights into the crypto market, the ability to convert cryptocurrencies and more. Security features can also be a good differentiator.

For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.

If you’re going to be dealing in larger volumes of crypto, investing in cold storage might prove advantageous.
Most widespead examples of this being the Ledger Nano and the Trezor.

Ledger manufactures cold storage wallets designed for users who want increased security. Their wallets are a physical device that connects to your computer. Only when the device is connected can you send your cryptocurrency from it. Ledger offers a variety of products, such as the Ledger Nano S and the Ledger Nano X (a bluetooth connected hardware wallet).

Trezor is a pioneering hardware wallet company. The combination of world-class security with an intuitive interface and compatibility with other desktop wallets, makes it ideal for beginners and experts alike. The company has gained a lot of the Bitcoin community’s respect over the years. Trezor offers two main models – The Trezor One and Trezor Model T (which has a built in touch screen).