A hyper-deflationary token called Volt Inu ($VOLT) aims to invest in several asset classes such as NFTs, nodes, altcoins, staking, and stablecoin farming.
By diversifying investments, one can reduce risk while still benefiting from the potential non-correlated development of trending assets.
Profits from treasury investments are then used to purchase back and burn $VOLT tokens because the cryptocurrency is designed to be a hyper-deflationary asset.
Along with this deflationary approach, $VOLT has also imposed automatic burn taxes of 2% on ETH and 4% on BSC.
Because of the reduction in the amount of circulating supply, the combination of these factors ensures a price floor that keeps growing. This article will dig deeper into the Volt Inu and how to buy a Volt Inu.
How to buy Volt Inu?
On decentralized exchanges, certain cryptocurrencies, such as Volt, can only be bought using another cryptocurrency.
You must first acquire Ethereum (ETH), and then you must use ETH to buy Volt. And you need a wallet known as a self-custody wallet to do so.
Here’s how you can do so using Coinbase Wallet.
Install the Coinbase Wallet.
To buy Volt, you need a self-custody wallet like Coinbase Wallet. Both a browser extension and a mobile app are offered for Coinbase Wallet.
Pick a username for your Coinbase Wallet.
You must select a username while configuring your Coinbase Wallet. With this login, other Coinbase Wallet users can send you cryptocurrency with ease. The username is optional, however, it is necessary to access the account.
Keep your recovery phrase in a safe place.
A recovery phrase made up of 12 random words will be sent to you when you create a new self-custody wallet. Anyone who knows your recovery phrase gets access to your crypto because it is the key to it. Keep your recovery phrase a secret from others. We strongly advise writing these down on paper, keeping them in a safe place, and using the cloud backup function of Coinbase Wallet.
Do not divulge your recovery phrase to anyone, please. Your recovery phrase will never be requested by Coinbase. Additionally, Coinbase cannot assist you in accessing your wallet if you forget your recovery phrase.
Recognize and prepare for the Ethereum network fees.
Fees vary according to the amount of traffic on the network, and the complexity of the transaction. And how quickly you need the transaction to be finished. Consider saving some cash for fees.
Purchase and send ETH to your Coinbase Wallet
To purchase Ethereum, you must first open a Coinbase account if you don’t already have one (ETH). Find out more here about how to sign up for a Coinbase account and purchase Ethereum (ETH). Using the Chrome extension or the mobile app will affect how you send ETH to your Coinbase Wallet.
Invest in Volt using your ETH in the trade tab.
You can buy Volt directly from the app if you use Coinbase Wallet on your smartphone.
Click the Coinbase Wallet App image.
Then select the “Trade” option to exchange ETH for any token that adheres to the Ethereum protocol (also known as “ERC-20 tokens”).
Choose Volt by tapping “choose coin.”
Enter how many ETH you want to swap for Volt.
Don’t forget to budget for transaction costs. To complete, confirm your purchase and adhere to the on-screen instructions.
Click “Convert” if you are using the Coinbase Wallet plugin. Enter the quantity of ETH you want to trade for Volt when searching for it. Don’t forget to budget for transaction costs. To complete, confirm your purchase and adhere to the on-screen instructions.
How is Volt Inu different from other coins?
- Automated social activity reward: Given the participation of our community, it was necessary to develop a system for rewarding them.
By providing a ranking and reward system based on the number of tasks accomplished to raise the exposure of VOLT, this tool encourages participation from VOLT holders. Additionally, holders of VOLT tokens will need to hold them in order to be eligible for weekly prizes, and those who burn a portion of their VOLT will be eligible for bonuses.
- NFT Ecosystem: The NFTs is directly connect to the VOLT token, for example, as holding both will be necessary to access the launchpad and other functions in the future. Additionally, they will welcome and permit rug-pulling, honey potting, and scam groups to join the VOLTARMY by allowing them to buy VOLT at a reduced price according to the size of their community and the number of NFTs they have.
- Swap (DEX): Our swap will provide a number of practical and financial capabilities and be available to any DeFi project by utilizing the liquidity pools that already exist on protocols like Uniswap and pancakes wap.
Several Volt Inu-related questions that are commonly asked
Is investing in VOLT Inu a wise decision?
Given that VOLT is still a fairly young currency, it is challenging to predict its long-term success.
It is important to always keep in mind how volatile the cryptocurrency market is and how any given token or coin’s price would decrease as well as increase.
What is the value of VOLT Inu?
The price of Volt Inu is currently US$0.00000000000009405, and its 24-hour trading volume is $0.01658.
On the previous day, VOLT increased by +4.37%.
Will Coinbase eventually list VOLT Inu?
Coinbase does not support Volt Inu V2.
Is Binance planning to list VOLT Inu?
This coin is not available for trade and service on Binance.
How is Volt Inu put to use?
The goal of the hyperinflationary token Volt Inu (VOLT) is to invest in a variety of asset classes, including stablecoin farms, nodes, NFTs, and altcoins.
Contrary to FaaS initiatives, you can reduce risk with this variety of investments by taking advantage of the potential uncorrelated growth of trending assets. There is a listing for Volt Inu.
Volt Inu is making progress toward its mission to the moon. The project went live on two CEXs, Bkex and LBank, and gain 10,000 holders in less than seven weeks over the Ethereum and Binance Smart Chain (BSC) networks.
Volt Inu might appear on Crypto.com. Use the converter tool provided by Crypto.com in the top-right corner of this page to view the current price of Volt Inu V2 in the fiat currency of your choosing.
The Volt Inu V2 price page is one of many in the Crypto.com Price Index that offers live charts, market cap information, price history, and price tickets for the major cryptocurrencies.
What Volt Inu exchanges are there?
Some cryptocurrencies, like Volt Inu V2, can only be purchase using another coin on cryptocurrency exchanges.
You must first buy Ethereum (ETH) in order to purchase Volt Inu V2, and you must use ETH to do so.