In this guide you’ll get information about where to buy SingularityDAO, if you are planning to buy SDAO token – You’re in the right place!
SingularityDAO is about combining decentralized AI and DeFi together within a completely new framework. The platform wants to increase the liquidity of crypto assets radically, regardless the sizes and the types. They also want to leverage this particular liquidity to facilitate growth and to create financial value for technology projects with basis to utility token.
The platform itself is designed as a democratically governed DAO that implements (non-custodial) smart contract network. The main purpose is to foster and encourage decentralized networks growth, which represents current most promising and also most valuable social and technological innovations. They do it through leveraging DeFi-AI to encourage, stimulate, and support the utility-token growth and ecosystem.
Think of SingularityDAO as a blockchain-based and decentralized organization whose main goal is to govern DynaSets. It’s a (diversified) basket of crypto assets that are managed by AI dynamically. The platform combines the sophistication of AI-managed funds risk management strategies to DeFi through the superior AI technology of SingularityNET. SDAO, in the meantime, would function as the governance token that gives voting power to the holders.
- Official website: https://www.singularitydao.ai/
- Twitter: https://twitter.com/SingularityDao
- Telegram: https://t.me/SingularityDAO
- Whitepaper: https://www.singularitydao.ai/file/2021/04/Platform-Whitepaper-3.pdf
Table of Contents
SingularityDAO (SDAO) Features
- DeFi portfolio. The platform has unique portfolio, which is AI-powered for the DeFi. Every DynaSet (or digital asset) has its own diversified token set that is bundled together with a dynamic ratio. Everything runs automatically as the AI would be the one adjusting the ratio
- Easy management. Users or participants are given the flexibility and the easiness to manage their DeFi token portfolio from a single spot. DynaSets holds various DeFi tokens within a single contract, and it is managed in a dynamic ratio.
- Unique connection. The platform is about connecting quality projects and capital. Users are given the option and flexibility to connect crypto assets to potential projects in the early stage.
- User governance. Democracy is the key to successful user governance. However, this platform utilizes liquid democracy, which is the hybrid combination of representative democracy and direct democracy. It provides flexibility to the users as they can decide which one they want to use.
Where to Buy, Sell and Trade SingularityDAO aka SDAO
You can basically use debit card, credit card, or even PayPal to buy the SingularityDAO (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the SingularityDAO as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy Tether first. After you get the ETH or BTC or USDT, you can convert it to SingularityDAO. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum (ETH), Bitcoin (BTC), or Tether (USDT)
- Find a crypto exchange that supports SingularityDAO currency and exchange your Ethereum / Bitcoin / Tether with the SingularityDAO
- Store your SingularityDAO to a secured wallet
That’s the first step in buying SingularityDAO, once you get your Bitcoin or Ethereum or Tether, you can continue to the next step.
Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH or USDT from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH or USDT with SingularityDAO:
Gate.io is a crypto exchange service that is part of Gate Technology Inc. Gate.io is registered in Virginia, United States, and founded in 2017. They only handle transactions using cryptocurrencies, so you won’t find Fiat options with them. Since they work with the best ranked digital assets in the industry, they can average up to $48million in transactions.
- Deposit Methods: Cryptocurrency Only
- Fiat Currencies: N/A
- Supported Cryptocurrencies: BCH, EOS, TRX, ONT, ETH, BTC, BTM, AE, OCN, ADA, IHT, XRP, ETC, NAS, LTC, & over 1040+ more
- Trading Pairs: 1801+
Binance is the top-ranked cryptocurrency exchange in the market, and it’s the place to go to trade large volumes of digital assets. They established their operations back in 2017 in Malta, one of the few countries to openly embrace cryptocurrencies as a financial instrument. They currently average up to 1.2 billion dollars in trade right now. Binance.com is unable to provide services to U.S. citizens or residents.
- Deposit Methods: Bank transfer (ACH), Bank transfer, Cryptocurrency, Debit card, Wire transfer
- Fiat Currencies: USD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH, KZT & 5+ more
- Supported Cryptocurrencies: BTC, EOS, BCH, ETH, FET, XVG, TRX, NEBL, XRP, NEO & 345+ more
- Trading Pairs: 1189+
Bybit is a leading cryptocurrency exchange offering a secure and efficient trading platform for digital asset enthusiasts. Founded in 2018, it specializes in derivatives trading, including perpetual and futures contracts, with high leverage options. Known for its user-friendly interface, Bybit caters to both novice and professional traders. The platform provides advanced tools, including charting and risk management features, ensuring a seamless trading experience. Bybit also supports spot trading, staking, and passive income opportunities. With 24/7 customer support, robust security measures, and a reputation for reliability, Bybit has become a popular choice for crypto traders seeking innovation and transparency.
- Deposit Methods: Cryptocurrency, Credit/Debit card, Third-party payment services, Peer-to-Peer (P2P) trading
- Fiat Currencies: USD, EUR, GBP, JPY, and 60+ more
- Supported Cryptocurrencies: BTC, ETH, XRP, LTC, DOGE, and 300+ more
- Trading Pairs: 500+
MEXC is a global cryptocurrency exchange platform known for its user-friendly interface, extensive range of listed cryptocurrencies, and innovative features. Established in 2018, MEXC provides trading services such as spot, futures, and margin trading, catering to both beginners and advanced traders. The platform supports a wide variety of altcoins, often listing new and promising projects. MEXC is popular for its high liquidity, competitive trading fees, and robust security measures, including two-factor authentication and fund protection protocols. It also offers staking and earning opportunities through its launchpad and DeFi integration, making it a versatile choice for crypto enthusiasts worldwide.
- Deposit Methods: Bank transfer (ACH), Cryptocurrency, Debit card, Wire transfer
- Fiat Currencies: USD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH, KZT & more
- Supported Cryptocurrencies: BTC, EOS, BCH, ETH, FET, XVG, TRX, NEBL, XRP, NEO & over 2,700 others
- Trading Pairs: Over 3,000
IMPORTANT! Once you are registered to the crypto exchange above, Go back to COINBASE and send your Bitcoin/Ethereum/Tether to your new exchange. Find the SDAO/BTC or SDAO/ETH or SDAO/USDT trading pair and then place the order to buy those pairing cryptocurrencies.
Most likely you’ll find this pair available to you SDAO/USDT – so you need to convert your BTC or ETH to USDT first in order to buy SingularityDAO (SDAO)
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your SingularityDAO (SDAO) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Secure
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy SingularityDAO (SDAO) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the SingularityDAO. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy SingularityDAO (SDAO) with Cash?
You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.
Can I Buy SingularityDAO (SDAO) with Skrill?
You can’t buy SDAO directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to SingularityDAO. You can buy BTC/ETH with skrill by using these exchanges::
- LocalBitcoins
- Paxful
- Virwox
- SpectroCoin
- Lykke
- Exmo
- Coingate
Can I Buy SingularityDAO (SDAO) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair SDAO/BTC and begin the transactions.
Can I Buy SingularityDAO (SDAO) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support SDAO/ETH trading pair.
What Is the Best Payment Method to Buy SingularityDAO (SDAO)?
The cheapest way is to use bank account to buy Bitcoin or Ethereum or Tether first or to buy the SingularityDAO right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect SingularityDAO (SDAO)?
Once you have purchased the SingularityDAO, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell SingularityDAO (SDAO)?
Find a crypto exchange which allow pairing SDAO with BTC or ETH or USDT – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine SingularityDAO (SDAO) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a SingularityDAO is to buy it from a reliable exchange.
Conclusion
SingularityDAO is a unique platform that mixes all the good features of DeFi and AI. Not only users are given the options (and also the freedom) to engage in the projects they are interested in, but they can also implement their governance rights as they see fit. This is a platform that is both functional and also promising, especially for investors and users who seek profits. Anyone interested in the concept should buy SingularityDAO (SDAO) to join the network.
