What is SushiSwap (SUSHI)?
SushiSwap is an Automated Market Maker (AMM) and a decentralized exchange (DEX) on Ethereum. It was created by an anonymous person who goes by the name Chef Nomi as a fork from Uniswap. Yet, SushiSwap is considerably more decentralized and community-driven than Uniswap. These features make it one of the innovators and biggest DEXes in the market.
How SushiSwap (SUSHI) Works
SushiSwap is an AMM, which means that there is no centralized order book to coordinate buy and sell orders from users. Instead, it uses liquidity pools that automatically balance the price and value of cryptocurrencies, so people can deliberately trade without the interference of a third party.
What sets SushiSwap apart from Uniswap is its decentralized initiatives and SUSHI token.
First, unlike Uniswap who imposes a 0.3% fee for every transaction that will be transferred to the liquidity providers, SushiSwap gives 0.25% fee to liquidity providers and 0.05% to SUSHI holders.
Second, the SUSHI tokens have many use cases within the protocol other than governance. For instance, users can stake SUSHI in SushiBar to receive further economic benefits.
How Many SushiSwap (SUSHI) Tokens Are in Circulation?
SUSHI is the native utility and governance token of SushiSwap. It has 250,000,000 in total supply, among which 127,244,443 tokens are in circulation.
How to Buy SushiSwap (SUSHI)
Consider investing in SushiSwap (SUSHI)? It only takes 2 minutes to create an account on Bitget and start trading SUSHI.
Check out the available SUSHI trading pairs on Bitget!
Futures market
Spot market
SushiSwap (SUSHI) Resources
Simple 3-step guide to buying SUSHI today in Ethiopia
Create your free Bitget account
Select a funding method
Complete your SushiSwap purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for SushiSwap using a payment method of your choice:
Buy SushiSwap with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your SushiSwap order.
How to buy crypto with credit/debit cardBuy SushiSwap with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into SushiSwap is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your SushiSwap order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your SushiSwap order.Buy SushiSwap with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your SushiSwap order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor SushiSwap in your Bitget spot wallet
Bitget—where the world trades SushiSwap
How to buy SushiSwap for free
- Learn how to earn SushiSwap for free through the Learn2Earn promotion
- Earn free SushiSwap by inviting friends to join Bitget's Assist2Earn promotion
- Receive free SushiSwap airdrops by joining ongoing challenges and promotions
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FAQ
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