How and Where to Buy INU (INU) – Detailed Guide
- What is INU?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy ETH with fiat money
- Step 3: Transfer ETH to an Altcoin Exchange
- Step 4: Deposit ETH to exchange
- Step 5: Trade INU
- Last Step: Store INU securely in hardware wallets
- Other useful tools for trading INU
- Frequently Asked Questions
- Latest News for INU
- INU Price Prediction and Price Movement
What is INU?
What Is INU (INU)?
$INU is a 100% community-based and decentralized token on the ERC20 blockchain. INU's goals are to propel the crypto industry towards decentralization while providing fair market access to a decentralized economy that facilitates and encourages transactions. The contract is waived and liquidity burned, preventing centralization. 50% of the token supply was burned upon creation.
$INU is underpinned by the idea that crypto projects that fail to create an economy in which people can transact will ultimately fail. $INU looks to make sure it will be a long term project with indefinite sustainability that requires a continuous commitment to exploration.
How Many INU Tokens Are There in Circulation?
INU was officially launched June 28th 2022 with 1 quadrillion tokens in total. Half of those tokens, in the amount of 500 trillion, were taken out of circulation and sent to a burn address where they will remain out of circulation forever. The other half was sent to Uniswap for fair market purchase and trade.
Who Are the Founders of INU?
INU was founded as a pure and decentralized community token. The contract's owner renounced his/her ownership and left the project in the hands of the community. The project has since become a labor of love for its community, comprised of many members who exhibit strong and mature leadership skills. All volunteers are pseudonymous so as not to detract from the mission of building a truly decentralized economy.
What Makes INU Unique?
TRUE DECENTRALIZATION: Many projects are centralized or in the process of centralizing in nature which goes against one of the core tenets of cryptocurrency. With INU we have international, decentralized teams that are tasked with different duties that all work toward the goal of maintaining decentralization of a functioning economy for anyone who wants to participate.
REGULATORY ANTICIPATION: There are very few projects that are conscientious or forward thinking about upcoming regulations. Regulations are the giant elephant in the room when it comes to cryptocurrency. We all know that some regulation could be good for the space, but over-regulation could be disastrous.
We feel how a project begins and operates is very important. This is why the INU community has chosen to remain decentralized and looks to decentralize even further in the future. Regulatory anticipation is also the reason why INU has not implemented buy/sell taxes on INU token transactions. INU token was fairly launched, and those who are in leadership positions are simply volunteers who believe strongly in the INU cause of decentralized economy building.
ONE TOKEN The INU ecosystem will be an ecosystem of goods, services, and transactions that exist all for the benefit of INU Token rather than having an ecosystem of several different tokens. The INU community does not want extra tokens to detract from where the main focus should be. INU is one token, one focus.
ECONOMY BUILDING INU believes an economy must be created to sustain any project long term. Furthermore, if a project is not doing this then it will not be able to stand the test of time.
RENOUNCED OWNERSHIP INU has a renounced contract. This means that no one person can exercise complete control over the project. Having a project owner effectively centralizes a project and takes trust out of the community and places it solely in the hands of whoever owns the contract.
GLOBAL TEAM LEADERSHIP INU isn't centralized in any one part of the world. Work is always being done around the clock with various aspects of the project and events being worked on simultaneously. INU member's wide and vastly different life experiences contribute to making the INU community diverse in nationality and thought. Anyone can step up to the plate and volunteer in capacities that are needed. This is true community building with leadership that emanates from inside the comfort and efforts of our INU CREW family.
INU was first tradable on 4th Jul, 2022. It has a total supply of 1,000,000,000,000,000. As of right now INU has a market capitalization of USD $518,510.28. The current price of INU is $5.19e-10 and is ranked 3158 on Coinmarketcap and has recently surged 48.77 percent at the time of writing.
INU has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Ethereum from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy INU.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, Ethereum (ETH). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.
Select Fiat-to-Crypto Exchange for details:
- UpHold
Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:
- Easy to buy and trade among multiple assets, more than 50 and still adding
- Currently more than 7M users worldwide
- You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
- Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
- No hidden fees and any other account fees
- There are limited buy/sell orders for more advanced users
- You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
- USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.
You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.
Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.
Step 2: Buy ETH with fiat money
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.
Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose Ethereum, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.
Step 3: Transfer ETH to an Altcoin Exchange
But we are not done yet, since INU is an altcoin we need to transfer our ETH to an exchange that INU can be traded. Below is a list of exchanges that offers to trade INU in various market pairs, head to their websites and register for an account.
Once finished you will then need to deposit ETH to the exchange from UpHold. After the deposit is confirmed you may then purchase INU from the exchange view.
Last Step: Store INU securely in hardware wallets
Ledger Nano S
- Easy to set up and friendly interface
- Can be used on desktops and laptops
- Lightweight and Portable
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Ledger Nano X
- More powerful secure element chip (ST33) than Ledger Nano S
- Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
- Lightweight and Portable with built-in rechargeable battery
- Larger screen
- More storage space than Ledger Nano S
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your INU for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.
Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.
Frequently Asked Questions
Can I buy INU with cash?
There is no direct way to buy INU with cash. However, you can use marketplaces such as LocalBitcoins to first purchase ETH, and finish the rest of the steps by transferring your ETH to respective AltCoin exchanges.
LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
Are there any quick ways to buy INU in Europe?
Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.
Are there any alternative platforms to buy INU or Bitcoin with credit cards?
Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.