SushiSwap Price CAD
What is SushiSwap (SUSHI)?
Launched in August 2020, SushiSwap (SUSHI) is both a cryptocurrency token and an Ethereum-based decentralized exchange (DEX).
SushiSwap is based on another DEX called Uniswap (UNI). An anonymous developer or developers under the pseudonym Chef Nomi copied Uniswap's code. to create SushiSwap.
SushiSwap is a type of DEX that makes use of the Automated Market Maker (AMM) model instead of an Order book, to facilitate a variety of DeFi functionalities without depending on any centralized authority.
Such functionalities include:
- Yield Farming
- Token Swapping
- Crypto lending and borrowing
Why does SUSHI have value?
SushiSwap’s cryptocurrency, SUSHI, plays a key role in maintaining and operating its network.
Holders of SUSHI can vote on proposals that might improve its ecosystem, and anyone can submit a proposal for holders to vote on.
Holders of SUSHI can also earn a portion of the fees generated on the network by staking them in the xSUSHI pool.
If you want to buy SUSHI, it's available on Bitbuy. However, make sure to research some of its competitors like UNI, as well, if decentralized finance applications are of interest to you.
How to Buy SushiSwap (SUSHI) in Canada
Buying SushiSwap (SUSHI) in Canada as well as other digital currencies is simple and secure with Bitbuy. Here’s how it works:
- Create Your Account: When you sign up to create an account on Bitbuy, you will be asked to confirm your email address, phone number and verify your identity.
- Add Funds: Before you can buy SushiSwap in Canada, add funds to your account directly with Interac eTransfer or Bank Wire.
- Buy and Sell SushiSwap: Once you’ve sent money to your account, you can buy SushiSwap instantly. Bitbuy also makes it easy to sell SushiSwap in Canada. Exchange your SushiSwap for CAD and withdraw the funds back into your bank account.
If at any point you need help signing up, verifying your account, adding funds, or buying and selling SushiSwap, just get in touch with customer support for same-day assistance.
The Best Place to Buy SushiSwap (SUSHI) in Canada
Bitbuy is one of the best and safest place to buy SushiSwap (SUSHI) in Canada. Here is why:
Safe and Secure
Every transaction you make on Bitbuy is encrypted using SSL (Secure Socket Layer) technology with two-factor authentication solutions implemented throughout. Bitbuy operates with a 95% cold storage reserve for all digital currencies in custody and executes daily encrypted and distributed backups for disaster recovery. The core of our mission at Bitbuy is making you feel safe that your digital currency is protected!
The Lowest Fees
Bitbuy offers some of the lowest buy and sell fees available in Canada. You can check out our trading fees and processing times before you buy SushiSwap (SUSHI).
Award-winning Customer Support
Buying cryptocurrency directly from individuals is slow and risky. Cryptocurrency exchange platforms like Bitbuy make the process faster and convenient.
Our customer support is one of the big differences between Bitbuy and other exchanges. You can talk to a real person over email or on the phone. It’s an essential part of simplifying cryptocurrency for everyone.
Interac eTransfer is the most popular way to pay online in Canada. Canadians want to buy SushiSwap with Interac, but banks don’t make it easy. Bitbuy exists to simplify the process when you want to buy SushiSwap in Canada with Interac. You can use your bank account directly to fund your Bitbuy account, which you then use to buy and sell cryptocurrencies in Canada.