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A new cryptocurrency based on the Netflix series “Squid Game” soared in value after its debut on October 20. Over the past 24 hours alone, Squid Game ($SQUID) is up more than 300% and showing no signs of slowing down.
If you want to learn where to buy Squid Game token now, this article is for you.
Where to buy Squid Game token now
As SQUID is such a new asset, it's yet to be listed on major exchanges. You can still purchase SQUID using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy SQUID right now, follow these steps:
1. Buy BNB on a regulated exchange or broker, like Binance ›
We suggest Binance because it's one of the world's leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It's also beginner-friendly, and has more payment methods available to users than any other available service.
2. Send your BNB to a compatible wallet like Trust Wallet or MetaMask
You'll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the SushiSwap DEX
Head to SushiSwap, and 'connect' your wallet to it.
4. You can now swap your BNB for SQUID
Now that you're connected, you'll be able to swap for 100s of coins including SQUID.
What is Squid Game token?
Squid Game is a Korean TV show that dominated headlines when it was added to Netflix’s library. The show consists of adults drowning in debt competing in children’s games to win financial prizes or face death.
The Squid Game project is a crypto play to earn platform that was inspired by the show. The Squid Game token is required to play an online game that is expected to launch in November.
The online game consists of six levels. Each level requires a higher entry fee and the developers will keep 10% of the entry fee with the remainder paid out to the winner.
Should I buy Squid Game token?
It should be noted that CoinMarketCap issued a warning that some users are “not able to sell this token” and “please exercise caution while trading!”
That said, buying Squid Game coin now is something that is meant for people with a high risk tolerance.
Squid Game coin social media reaction
Shiba Inu coin is so 12 hours ago. The Squid Game token is now all the rage, via @BKimNews https://t.co/za1CdV0VO6
— John Hyatt (@John__Hyatt) October 29, 2021
the Squid Game token “SQUID” was priced over $3, up from the lows of $0.5 in the last 24 hours. Also, for no apparent reason, the coin is up by a whopping 2500%, with a 90% rise in trading volume in the last 24 hours, as per CoinMarketCap.
— S O H E i L (@SoheilSBabaei) October 29, 2021
The post Where to buy Squid Game token: a new crypto based on the Netflix show appeared first on Invezz.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.