Kishu Inu
KISHUAfter the launch of Dogecoin, the crypto market has been introduced to various meme-based tokens and coins. A large number of such currencies were launched last year. Like any other meme-based cryptocurrency, Kishu Inu is making news due to the sudden uptrend fluctuations in its rates. Buying and selling a new cryptocurrency might be risky, but it can be very profitable at the same time if the odds turn in your favor. Probably, it is high time to learn what is Kishu Inu and, to save your money, how to swap Kishu Inu at the best price.
What is Kishu Inu?
Kishu Inu is a dog-based deflationary meme cryptocurrency much like Dogecoin that is decentralized and driven by its community. According to the currency’s white paper, it is the fastest growing cryptocurrency of its kind launched in April 2021.
The currency used Kishu Inu dog as a reference like Dogecoin uses Shiba Inu dog for branding and marketing advertisement. The website is also a dog-themed one (duh). According to the developers, the primary goal of the currency was to present a proper futuristic vision to the users, which many meme coins lack.
The currency aims to become a dog coin with the most extensive longevity and has surely got the potential to present its case in front of investors. For many reasons, Kishu Inu (KISHU) is regarded as Dogecoin’s younger brother and a friend to HOKK.
The token is entirely dependent on the community members for funding and growth. Although they have to buy tokens on the open market, which is not a problem since many exchanges now list KISHU. But to get the best rates, the lowest transaction fees, and find the safest crypto exchange, one needs to do thorough research beforehand to minimize the risks involved. That’s where Swapzone steps in with its best rate Kishu Inu swap.
Key features of Kishu Inu
Kishu Inu’s prime focus is to shed light on various innovative concepts such as frictionless yield, NFTs, and decentralized exchanges. According to the project, the currency surpassed a 2 billion market cap and attracted over 100,000 holders during the first month of its launch. This shows that the world sees potential in the project, and it has been able to win over investors and traders. Now that we know what is Kishu Inu about, let’s see the salient features of the project below.
The system of instant rewards
The network has an instant reward system. When a transaction is performed within the Kishu Network, 2% of the transaction is distributed instantly among the Kishu holders. Kishu Inu features an ERC-20 token that is fungible which you get as a reward for just holding KISHU in your wallet. This reward is to encourage investors to contribute to the liquidity pool by holding the tokens.
KISHU is fully decentralized and is community dependent
The project is entirely dependent on the community of its holders and is open to receiving and addressing concerns as well as implementing the improvements they want to see done to the project and the network. This makes it utterly decentralized as it’s not controlled by any authority. They have a diverse community of highly active members that drive the project forward. Through the open policy of accepting and embracing broad perspectives, they aim at building the best crypto community.
Offers zero risks to the investors
The project has been audited and examined to burn its liquidity pool tokens. It creates a safe and secure ecosystem for investors to invest in the token without worry. Furthermore, holders can earn just by staking coins. It is an excellent way of passive and risk-free earning.
Low-cost transactions
You can transfer KISHU across the border through an inter-wallet transfer with fees lower than many traditional banks impose.
KISHU SWAP, KISHU CRATE, KISHU PAW PRINT, and KISHU sWAG
The KISHU SWAP is a decentralized exchange with custom functionality that allows the hodlers to trade ERC-20 tokens. KISHU CRATE is a marketplace to buy non-fungible tokens, or NFTs, by staking KISHU. The artists are selected from the community and are given a portion of the staking fees. KISHU holders can also track their passive income by the wallet tracker KISHU PAW PRINT and promote it in the real world through merchandise: KISHU sWAG is their native merchandise store.
Which exchange supports Kishu Inu swap?
You can easily find an exchange that supports Kishu Inu swap on Swapzone. Here you can learn how to convert BTC to KISHU, or ETH to KISHU, at the best Kishu Inu swap rate, and with the lowest exchange fees. As of now, KISHU is supported by ChangeNOW and StealthEX,some of the most reliable platforms listed. They provide a wide range of exchange pairs and has no upper limits.
Kishu Inu Swap: How to convert Kishu Inu on Swapzone?
You can get KISHU for a number of cryptocurrencies, including Bitcoin and Ethereum. Below are the steps you can follow to convert Bitcoin to Kishu Inu on Swapzone at the best exchange rate.
- Select, for example, BTC in the Send section.
- Specify the total amount you are going to transfer.
- Select KISHU in the Get Up To section.
- Review the offers on the screen and choose the best rate that is listed at the top. You can also see how many minutes it would take for you to complete the exchange.
- Click on the Exchange button to proceed with a BTC to KISHU Inu swap offer of your choice.
- Enter the wallet address to receive KISHU.
- Use the generated BTC address to send your BTC deposit.
- Wait for the deposit to be processed by the exchange service and the Kishu Inu swap to be done.
- Do not forget to rate and leave a review on the exchange partner, so we can gather more information on the exchanges for future users.
Kishu Inu vs Shiba Inu Token
In comparison to the Shiba token, Kishu Inu is a newer asset, which could explain its current market cap. Shibu Inu has a worth of about 2.7 billion, while Kishu Inu temporarily lags behind. Since Kishu Inu is relatively young, a lower number of community members than the one Shiba Inu has is also justifiable. The current trading charts indicate that Kishu Inu shows stronger resistance than Shibu Inu, although both suffered a decrease at the end of May.
That one thing that makes Kishu Inu stand out is the way the project incentivizes its KISHU holders. As discussed earlier, the Kishu Inu holders get rewards just by staking KISHU in their wallets. Earning passive income, Kishu Inu holders may also be somewhat protected from price plunges. The Shiba Inu projects, as of now, unfortunately, have no similar mechanism. Therefore, if you are looking for a digital asset that supports staking, Kishu Inu might definitely become your go-to option.
Frequently asked questions
What is the Kishu Inu exchange rate?
An exchange rate is the rate at which one cryptocurrency can be exchanged for another through a certain crypto exchange provider. Cryptocurrency exchange rates on Swapzone reflect current prices of crypto assets and are updated every 30 seconds for you to keep track of any market changes and fluctuations to profit when buying the dip or going with the best exchange rate and the lowest exchange fees. All cryptocurrency exchange providers have their own rates, which depends on supply and demand, mining rewards, costs and so on. See what else might affect the rate in our article on prices.
There are two types of exchange rates aggregated by Swapzone – fixed rates and floating rates. To receive the exact amount of crypto that is displayed at the beginning of the exchange and shield yourself against the market's volatility, opt for fixed-rate offers. If you're ready to take a risk and receive less or more than the sum displayed, go with floating-rate offers but bear in mind that floating rates may drastically change any second. You can refresh your memory on how to get the best exchange rate here.
Where to find the lowest transaction fees?
Crypto transaction fees may vary depending on the network (Ethereum transaction fees tend to spike during the congestion on the network), your chosen cryptocurrency, an instant exchange provider as well as its transaction processing speed and internal policy. These fees may be relatively low but it’s crucial to know they may be imposed in the first place.
If you want to exchange cryptocurrency with the lowest fees, beware of the offers with a grey-colored “Transaction fees are not included” label displayed under the exchange rate. To avoid having to pay an unexpected amount of fees during the exchange, opt for those that do not have that label. Read our articles to learn more about how to exchange cryptocurrency with the lowest fees and find out which assets have the lowest transaction fees.
What is average transaction time?
Transactions usually take from 5 to 30 minutes to be processed, especially if you choose currencies with speedy networks. However, there are several factors that may affect and slow down the exchange process, i.e. transaction volume, blockchain capacity, network updates, cryptocurrency itself and the capacity or chosen exchange platforms.
The processing may take longer due to the large transaction volume, congestion of the network, blockchain overload and market overload, technical issues or system failures, lack of liquidity or network maintenance.
The transaction may be also stuck if you forget to add a required Extra ID, mistake networks or use the wrong wallet for a chosen crypto asset. If you worry that the exchange processing is taking too long, please, contact us at [email protected] or via our live chat on the landing page.
How to choose a cryptocurrency wallet to store Kishu Inu?
To exchange, buy, sell or trade cryptocurrency and store your crypto keys safely and securely, you need a crypto wallet. Choosing the best cryptocurrency wallet is a question of preference and need. To learn more, read our guide on how to choose the best cryptocurrency wallet for your needs.
There are several types of wallets for different crypto assets and tasks. Software wallets, or hot storage wallets, are connected to the Internet and come in many forms: Web, Desktop, Mobile or Browser Extensions. If you want to build a large crypto portfolio, you might want to look at multi currency wallets like Exodus, MetaMask, TrustWallet, Atomic or Guarda. If a coin or a token of your choice isn’t available there, you can always opt for a single-currency wallet that is usually designed by the project that launched the asset.
If you take safety and security matters seriously, go for hardware wallets, or cold storage wallets, like Ledger or Trezor, or even paper wallets. We strongly recommend you to do your research before creating a wallet: read the reviews to see what the community thinks, learn about the fees a particular wallet imposes for performing transactions, check out supported currencies and networks and see its security policy.
What is the best cryptocurrency exchange for beginners?
There are loads of different crypto exchange services, with new platforms emerging every month. Exchange providers differ by supported currencies, liquidity providers, fees, customer support, user interface, level of privacy and anonymity and customer support, which makes it hard for beginners to understand which one to choose. To learn more about what these exchanges offer and how you can assess them, read our guide on how to choose the best exchange platform.
To navigate them through the field full of services, we conduct research and thorough analysis of the market & list both prominent and promising exchange providers, keeping in touch with their teams 24/7. We give you all the necessary data on the offers they provide as well as their brief history, KYC/AML policies, reliability and advantages, while also indicating their downsides so that you don’t have to do that yourself.
What is Swapzone?
Swapzone is an instant non-custodial cryptocurrency exchange aggregator that helps users make an informed choice when exchanging crypto assets. To make this possible, we gather the information on the exchange providers, select the parameters for comparison, aggregate and sort available deals & give an option to make a swap through providers' APIs in the same interface with a common user flow for every exchange. Still have doubts? Here's 9 reasons why you should use Swapzone to exchange crypto.
Recent articles
Browse allLearn how to exchange cryptocurrency with the lowest fees or zero fees as well as how to find the best crypto exchange rates and choose the safest cryptocurrency exchange provider.