How to buy CateCoin CATE Crypto November 2023 Update A Step by Step Guide

It is the clear crypto option for meme lovers and cat lovers alike. In order to submit memes you must have 100,000 Catecoins in your wallet. If you want to like or comment on a meme, you must hold 10,000 Catecoins in your wallet. The holders of Catecoin also gain additional coins because 2% of each network transaction that occurs is re-distributed back to them. Continually gaining these direct rewards, along with the ability to stake your coins at an Annual Percentage Yield (APY) of 15% make Catecoin an effective way to earn passive income on your investment. Catecoin looks to pull ahead of the meme-coin pack through its unique tokenomics, and ambitions to build real usable products to engage their community and stoke demand for the coin.

• If you want to like or comment on a meme, you must hold 10,000 Catecoins in your wallet.
• Now you have to select the amount of BNB you want to trade for CATE.
• The main points to consider that set Catecoin apart from its meme-coin competitors is the deflationary nature of the coin and the various options for earning additional income.
• But that number has shrunk and will continue to shrink over time as 1% of each transaction is ‘burned’ from the supply.

I've seen transaction fees of 100$+ in Uniswap, and nobody wants to pay that. Ethereum 2.0 has been in the works for years now, and there is still no solution for these absurd gas fees on the Ethereum Network. MoonXBT Review 2023MoonXBT Review Summary MoonXBT is a trading platform that aims to take your investment to the moon with the innovative means of social trading. MoonXBT is based in the Cayman Islands and has offices throughout East Asia and... Once the KYC is approved, you’re ready to make your first cryptocurrency purchase. Being paid to play a game or make up a silly cat meme has the potential to really get users engaged and to promote the community by word of mouth.

How to buy catecoin!!

CateCoin (CATE) is a cat-themed meme token that allows creators to create NFTs and earn with their memes in a fully decentralized way. It offers a DeFi Meme platform where creators can make and share memes with other users. Binance we are going to use it to buy BNB and USDT or the cryptocurrency you want, to exchange it for the CateCoin token and get this cryptocurrency finally. Among so many meme coin projects, there is a handful of few that can give users and investors a run for their money. CateCoin is one of them as the project allows holders to stake to earn more tokens. Catecoin holders can earn 15% APY by staking their $CATE tokens in the Catecoin Dapp.

• The future value of cryptocurrency and meme-coins in particular is a tough question, but Catecoin’s deflationary nature and various earning opportunities make it an interesting asset to consider.
• It allows people to buy and sell CATE and is the most preferred exchange due to its low trading fees and super smooth user experience.
• There is no better way to get started with cryptocurrencies than aiming high for the big boys.
• If you believe in CateCoin’s long-term potential, consider it as a long-term investment, but always invest within your means and diversify your portfolio.
• You can buy CateCoin on cryptocurrency exchanges like gate.io and LATOKEN.
• The main motivation for this is the very low fees that it offers.

You can create an account with binance just below if you don’t have one yet to follow the steps. In this post we are going to see how you can buy CateCoin without having to pay high commissions and in a simple and fast way. Currently, it is not listed in any or few exchanges, but you can get it through the DEFI pancakeswap exchange. Zengo is an innovative crypto wallet that is refreshingly easy to use, secure for all users, while enabling account recovery and allowing users to buy almost any crypto.

Now you have to select the amount of BNB you want to trade for CATE. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction. The rest should autofill, and you need to click next and then add tokens. Metamask is by far the most used walled in the world of Ethereum. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Ethereum Network, Metamask will be your best friend. Simplecryptoguide.com aims to provide an objective introductory guide for people who are new to the cryptocurrency space, providing a step-by step introduction through the basics.

How to Buy CateCoin (CATE) in 4 Easy Steps

Catecoin will allow meme creators to create and earn from their memes in a decentralized way. Catecoin has been around since May 2021 and is launched with the intention of adding real value to the meme market with a community of over 50,000 members. With your first deposit, whether it is euros, dollars or another currency, lblv forex broker review you must go to markets, and look for your currency with respect to Binance coin (BNB). Here go to the red sell button, and exchange your currency, in my case euros, for BNB. We use BNB because the commissions on the Binance network are paid with this cryptocurrency, as happens with the Ethereum network with ETH.

Can I Buy CateCoin (CATE) with Bitcoin?

For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide. The approved memes will also be transformed into NFT by minting. The sale proceeds from the NFT will also be shared with the creator. Catecoin offers novelty as it runs on a decentralized network, offers incentives and even has a burning mechanism. These aspects are not available with for example Dogecoin. When a transaction is made on the Catecoin network, 1% of the value of that transaction is removed from the total supply of the coin, never to be returned.

CateCoin (CATE) Markets

If Catecoin can continue to grow its user base and network activity, it could be a worthwhile investment over time. Catecoin can be acquired through Pancakeswap, Gate.io, and LATOKEN. While the number of centralized exchanges where Catecoin is available is limited, most large exchanges provide detailed instructions on how to buy Catecoin. Due to coin burning after each transaction, the total supply is now approximately 65 trillion coins. Of those, there are approximately 34 trillion in circulation. The maximum supply of Dogecoin is unlimited, so it would be hard to make a case for it being a deflationary asset.

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. 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. 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.

In order to get CATE you will have to buy USDT to exchange it for CATE. So the order will be:

Nowadays, most people prefer to use hardware cold wallets, if you want to store a large number of coins or tokens, you can choose to use a hardware cold wallet to store your assets. You can buy CateCoin on cryptocurrency exchanges like gate.io and LATOKEN. Currently, the most popular exchange for CATE is gate.io.

Currently, the best TRON exchange to buy TRX is Binance, which saw $ 40.97M worth of TRON trading volume in the last 24 hours. However, you can also choose from other exchanges that list TRX, such as KuCoin, Kraken, Bybit, OKX and gate.io. Buy & sell CateCoin (CATE) with fiat currencies (USD, CAD, AUD, EUR, GBP etc) or another coin such as BTC or ETH.