How To Buy YooShi (YOOSHI)?
A common question you often see on social media from crypto beginners is “Where can I buy YooShi?” 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 YooShi (YOOSHI)
First, you will need to open an account on a cryptocurrency exchange that supports YooShi (YOOSHI).
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 YooShi (YOOSHI) 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 YooShi (YOOSHI)
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 YooShi (YOOSHI) or YooShi (YOOSHI) trading pairs. Look for the section that will allow you to buy YooShi (YOOSHI), and enter the amount of the cryptocurrency that you want to spend for YooShi (YOOSHI) or the amount of fiat currency that you want to spend towards buying YooShi (YOOSHI). The exchange will then calculate the equivalent amount of YooShi (YOOSHI) based on the current market rate.
Note: Make sure to always double-check your transaction details, such as the amount of YooShi (YOOSHI) 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 Yooshi (YOOSHI)
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:
Fees (Maker/Taker) 0.075%*-0.1%*
Available for Trade 500+
10% reduced trading fees*
Europe, Asia, Oceania, Africa
Fees (Maker/Taker) 1.49%*-3.99%*
Available for Trade 75+
$10 sign-up bonus*
North America, South America, Europe, Asia, Oceania, Africa
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.
What Is YooShi (YOOSHI)?
YooShi devotes to build a bridge between the the P2E game and players and make the game not only for fun to play but also giving the player the ability to make money from playing.
The Yooshi metaverse offers a gamepad where GameFi developers utilise its Initial DEX Offering (IDO) launchpad to raise funds by pre-selling unique in-game assets in the form of NFT. The protocol also provides an independent game incubator known as Yooshi Labs, including an NFT marketplace.
Yooshi Labs gives game developers access to complete GameFi design and technical support to develop their blockchain games quickly. Another unique feature of the Yooshi metaverse is its Play-to-Earn game, Guild Alliance (P2EGA).
Designed with burning mechanism, the total circulation supply of YooShi will be exponentially cut. By combining burning mechanism, innovative Auto-Liquidity function and NFT together, YooShi liquidity is allowed to increase rapidly.
One of the most important features of YooShi is that it practices a large-scale decentralization which is rare for other tokens.
YooShi Transaction Burn
In each trade, the transaction is taxed a 10% fee, of which 4% fee redistributed to all existing holders, 3% fee will be injected into NFT Farming and 3% fee is split 50/50, half of which is sold by the contract into $BNB, while the other half of YooShi tokens are paired automatically with the previously mentioned $BNB and added as a liquidity pair on PancakeSwap.
YooShi Token Burn
Yooshi, on Sunday, 10th October, confirmed on Twitter that over 59% of the total supply of $YOOSHI had been burned.
However, $YOOSHI presently has a total supply of 1,000,000,000,000,000 tokens.
Who are the founders of YooShi?
The original founders of YooShi have not revealed themselves.
YooShi token is community-led and managed by volunteers. There is no presale and team allocation.
The protocol boasts of being secure and “unruggable” since contract ownership has been burned.
YooShi GamePad is the first NFT-based gaming IDO platform on Binance Smart Chain. YooShi GamePad will allow gaming developers to raise funds by pre-selling unique in-game assets in the form of NFT.
YooShi GameFi Labs
YooShi GameFi Labs is an independent game incubator in the WEB3.0 era. It provides game developers with the complete GameFi game design system and technical support to help the game developers to finish blockchain game development more easily.
Play To Earn Guild Alliance
P2EGA is a Play-to-Earn gaming guild alliance. They hope to help millions of low-income people to gain more profits through “Play-to-Earn” games and bring more users into the game.
Official website: https://yooshi.io/index
Best cryptocurrency wallet for yooshi (yooshi)
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 yooshi (yooshi)?
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.
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).