In the first part of the beginner’s guide to Volt Inu, we explored Volt Inu and examined its legitimacy. Now, in this final section, we will dive into the process of purchasing Volt Inu and navigate the broader Volt Inu ecosystem.
To recap: Volt Inu ($VOLT) is a hyper-deflationary token, which means its circulating supply experiences a gradual reduction over time. The project’s objective revolves around investing in various asset classes accessible in the market.
Consequently, Volt Inu invests in NFTs, nodes, altcoins, staking, and farming of stablecoins. This diversified investment approach enables the project to mitigate risks and capitalize on potential growth opportunities among non-correlated trending assets. Curious about trading $VOLT? Don’t worry; we’ve got you covered. Follow the steps below.
How to Buy or Sell Volt Inu Token?
Volt Inu is a niche cryptocurrency, so not every CEX lists it. Please refer to part one of the article to find which exchanges list the token. But first things first.
1. Set Up a Wallet: Before buying or selling $VOLT tokens, you’ll need a compatible Web3 wallet that supports $VOLT. You can use a hot wallet like Metamask or a cold wallet like Ledger for enhanced security. Remember to choose a wallet compatible with Ethereum since Volt Inu is an ERC-20 token!
2. Choose an Exchange: Next, select a reputable CEX or DEX that lists $VOLT tokens. Also, ensure the exchange operates legally in your country and has robust security measures.
3. Create an Account: Register or log in to your chosen exchange.
4. Deposit Funds: Deposit your funds in fiat or in crypto if the exchange doesn’t support your local currency.
5. Search for the $VOLT Pair: Look for the $VOLT trading pair on the selected exchange. You can search for the $VOLT ticker symbol, such as VOLT/ETH or VOLT/BTC.
6. Place an Order: Decide whether you want to buy or sell $VOLT tokens.
-
- If you want to buy, choose the desired amount of $VOLT tokens you wish to purchase and set the type of order (market or limit order) based on your preferences.
- If you’re selling $VOLT, follow the same process but specify the amount you want to sell.
7. Execute the Order: Once you’ve set your order parameters, review them carefully and execute the order. It will be completed instantly at the current market price if it’s a market order. For limit orders, you’ll need to wait until the market reaches the specified price for the EX to execute the order.
8. Secure Your Tokens: After buying VOLT tokens, we highly recommended to transfer them to your personal wallet instead of leaving them on the exchange. Doing so gives you complete control over your tokens and reduces the risk of losing them due to exchange hacks or other security vulnerabilities. Web 3 is all about self-custody!
Volt Inu Token Use Cases
Volt Inu has experienced a recent surge in popularity, but what sets it apart from other digital assets? Well, the uniqueness of Volt Inu stems from its diverse range of use cases. Let’s look at some of them.
1. VoltiChange
VoltiChange is a decentralized exchange (DEX) designed to automatically list and make any Uniswap or Pancakeswap projects deflationary for free.
This platform enables users to trade various ERC-20 or BEP-20 tokens, with a 0.25% fee burned by the system and a 0.25% buyback allocated to the native $VOLT token. Incorporating an automated, permissionless, and cost-free listing system establishes VoltiChange as a groundbreaking solution for projects within the industry.
2. VoltiGames
VoltiGames encompasses an exciting player-to-earn (P2E) racing game that incorporates rewarding mechanisms, buyback, and burn functionalities, all seamlessly integrated with Volt Inu’s NFT ecosystem.
Volt Inu 2D Racers, the browser-based online game, offers users the opportunity to enjoy free races while also paying to play for projects they can choose or create before paying. The players compete for cryptocurrency prizes by achieving top positions on various leaderboards.
3. VDSC
The Volted Dragons Sailors Club (VDSC) is the official collection of Volt Inu with 10,000 3D NFT Dragons sailing on the Ethereum Blockchain.
Owning a Volted Dragon grants you exclusive privileges such as access to forthcoming collections, participation in real-world events and meetups, exclusive rights and revenues within the VOLT ecosystem, and various other perks as a holder of the VDSC.
Source: Twitter
Although the initial minting phase of the collection has concluded, you can still acquire these NFTs through secondary marketplaces like OpenSea. Notably, 5,598 tokens from the collection have been burned, and the total trade volume for the NFT collection on OpenSea has reached 900 ETH.
4. VoltiFlex
VoltiFlex is an upcoming project that holds an air of mystery surrounding its exact nature. While the specifics are yet to be revealed, one thing is sure: VoltiFlex will undoubtedly embody the ‘electrifying’ essence of Volt Inu.
Source: Twitter
Anticipated to be launched sometime this year, VoltiFlex promises to introduce an exciting and innovative offering to the community.
5. VoltiEco
VoltiEco represents a groundbreaking DeFi solution that harnesses the power of blockchain tech, automated algorithms, and AI to streamline and automate participation in diverse project airdrops.
This solution attempts to optimize the financial value generated for the VOLT ecosystem while reducing risks, expenses, and manual labor.
Source: Twitter
Precisely targeting and engaging with current and upcoming crypto project airdrops, VoltiEco efficiently executes the necessary tasks to meet the requirements for eligibility in these airdrops.
6. VoltiCard and Payments Using $VOLT
Volticard is a prepaid crypto card that offers a convenient method for making purchases by allowing you to send cryptocurrency directly from your DeFi wallet. This feature saves time and money and enhances security and privacy.
However, to be eligible for a virtual or physical Volticard, you must hold 200M VOLT tokens on any of the three supported blockchains: Ethereum, BSC (Binance Smart Chain), and Polygon.
Source: Twitter
With a Volticard, you can utilize your cryptocurrency to make payments anywhere that accepts VISA payments. It provides a versatile solution for spending your digital assets. Besides, $VOLT is a versatile payment method for online transactions.
For instance, Crypto Cart, a service that empowers users to purchase real-world products from over 1,700 global sellers, supports Volt Inu. The service enables the utilization of $VOLT for payments, bypassing the need to undergo KYC procedures to complete a purchase.
7. Loans With $VOLT
Volt Inu holds value as collateral in lending platforms, where users can obtain loans by leveraging their crypto holdings as security. It grants the flexibility of accessing funds without the immediate necessity to sell $VOLT. Instead, individuals can acquire a loan against their assets while retaining ownership.
Source: Twitter
On a side note, users can also stake $VOLT in supported platforms to earn staking rewards.
Volt Inu vs Shiba Inu
Since the beginning of February, Volt Inu has embarked on a rapid surge, reminiscent of SHIB’s ascent in 2021, leading to increased comparisons between the two projects. The narrative surrounding Volt Inu mirrors that of Shiba Inu ($SHIB). $SHIB experienced a remarkable rally in 2021, inspiring numerous investors to follow suit.
During that period, the token’s remarkable growth created numerous success stories and rewarded courageous investors. Therefore, it is unsurprising that Volt Inu’s listing on multiple exchanges and its recognition as the meme coin of the year in 2022 has prompted comparisons with the popular meme token.
When Gate.io listed Volt Inu in 2022, discussions comparing $VOLT to $SHIB gained momentum. When $SHIB joined Gate.io, its price surged from $0.0000002 to $0.000035 in just a few weeks.
Given the remarkable achievements of $VOLT, including a Nasdaq interview, various deflationary mechanisms, and notable manual burns like the $56 million burn, we cannot ignore the potential for $VOLT to embark on a similar price rally.
That said, one significant distinction between Volt Inu and Shiba Inu lies in their tokenomics. Volt Inu employs a tokenomics system that prioritizes incentivizing holders, while Shiba Inu revolves around the development team retaining a significant portion of the token supply.
Additionally, the two cryptos diverge in their respective focuses, with Volt Inu aiming to offer a user-friendly and efficient DeFi platform- while Shiba Inu places a greater emphasis on community initiatives. Nevertheless, there are other similarities between the two projects. Both boast an anonymous developer, possess robust communities, and embrace a partnership-driven business model.
How to Convert Volt Inu to USD?
Converting Volt Inu (VOLT) to USD is a straightforward process. As we have previously discussed trading VOLT on exchanges, this procedure follows a similar pattern.
Essentially, all you need to do is sell your VOLT tokens for USD on a suitable exchange and proceed to withdraw the funds to your linked bank account. Follow these steps:
- Identify a CEX that supports fiat USD and $VOLT.
- Create an account or sign in.
- Deposit $VOLT.
- Place a sell order for the VOLT/USD trading pair and wait for the Ex to execute it.
- Finally, you can withdraw the USD funds to your linked bank account.
It’s important to note that the availability of the VOLT/USD trading pair may vary across exchanges, so checking the supported trading pairs before choosing an Ex is recommended. Additionally, trading and withdrawal fees may apply, so review the selected exchange’s fee structure beforehand.
Volt Inu Wallets
When choosing a wallet for Volt Inu (VOLT), it’s crucial to consider multiple factors such as security, convenience, features, and fees. Different wallets come with their own set of advantages and disadvantages that you should take into account. Here are some of the recommended wallets for Volt Inu (VOLT):
Determining the “best” wallet can be subjective, as it depends on individual preferences and requirements.
However, we suggest considering MetaMask as a hot wallet for interacting with $VOLT and Ledger as a cold wallet for holding the token. It is crucial to conduct your own research and evaluate the features and compatibility of each wallet before making a final decision.
Conclusion
In conclusion, Volt Inu (VOLT) has emerged as a promising and dynamic crypto project. With its hyper-deflationary tokenomics and diverse investment strategies, Volt Inu aims to capitalize on various asset classes and mitigate risks.
Moreover, the project has gained popularity and recognition, drawing comparisons to other successful meme tokens like Shiba Inu.
Volt Inu offers a range of innovative features and services, including the VoltiChange DEX, VoltiGames, and VoltiEco, which leverage blockchain tech to provide unique opportunities for holders. Besides, the Volted Dragons Sailors Club (VDSC) offers exclusive benefits to holders of Volted Dragons NFTs, further enhancing the engagement and rewards within the Volt Inu ecosystem.
Additionally, Volt Inu’s integration with real-world applications, such as Crypto Cart for online purchases, and its potential as collateral in lending platforms expand the utility and versatility of the VOLT token. It will be interesting to see what the future holds for the project. Will Volt Inu become just another meme project or actually establish lasting value? Time will tell!
⬆️ For more cryptocurrency news, check out the Altcoin Buzz YouTube channel.
⬆️ Our popular Altcoin Buzz Access group generates tons of alpha for our subscribers. And for a limited time, it’s Free. Click the link and join the conversation today.
 is a hyper-deflationary token. Curious about trading $VOLT? Don't worry; we've got you covered.){kind=link}