How and where to buy BasketCoin (BSKT) crypto coin

The BasketCoin crypto is incredibly difficult to buy, due to the shortage of trading platforms which offer it. The one exchange offer 1 pair. Detailed information, including pairs, market cap and fees read below.

Where to buy BasketCoin

Step 1

You need an account with a cryptocurrency exchange that supports Bskt coin. All of them provided on our site. Register it, if you don't already have it or login with your credentials.

Exchanges

Name Fee Trust DeFi Volume
Buy on PancakeSwap (v2) PancakeSwap (v2) 0.25 / 0.25 MEDIUM No $4578
Step 2

Transfer or buy with P2P this coin: BUSD.

Step 3

Switch to spot market on exchange and type the token name in search box. Choose between available trading pairs, then set order and push Buy BSKT button.

Congratulations!

After you click buy, the Bskt token will be available on your account on the trading platform. Remember that just moving your coins from exchange into cold wallet, you help better protect your finances. It's not only shorten your risk if your exchange or account gets cracked, but if you pick a “cold,” or offline, wallet, your Bskt token becomes virtually unbreakable. Only downside is generally have to pay a small fee to transfer your coins off of the crypto exchange.


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What is BasketCoin

"Deflationary token, secured with a basket of cryptocurrencies, with the possibility of staking. BasketCoin is: Deflationary, With collateral - covering its value, With the system of repurchase and burning of BSKT tokens. A fee of 2% of the value of each transaction will be taken from the transfer - half is burned out, the other half goes to the staking/reward redistribution pool which indeed speeds up the process of reducing supply. Smart Contract itself assumes that a total of 90% of all BSKT will be burned -> supply will decrease from 21,000,000 to 2,100,000 The BSKT token is secured with a basket of seven cryptocurrencies that cover its value. The security so adopted is intended to ensure a constant and stable increase in the value of tokens. Thanks to the correct match of coins in our basket, its value is less susceptible to fluctuations appearing in the cryptocurrency market. The BSKT token security chart looks like this: Bitcoin (BTC) – responsible for 25% of the value of the coverage, Ethereum (ETH) – responsible for 25% of the coverage value, Polkadot (DOT) – responsible for 10% of the coverage value, Smarkey (SKEY) – responsible for 10% of the coverage value, YfDAI.finance (YF-DAI) – responsible for 10% of the coverage value, USD Coin (USDC) – responsible for 10% of the coverage value, Basketcoin (BSKT) – responsible for 10% of the coverage value. All listed cryptocurrencies that make up the BSKT basket will be used to generate additional profits on platforms such as: Crypto.com (profits of 3%-12% APR), YF-DAI (profits up to 72% APR), Swissborg (profits up to 20% APR), and other decentralised profit-generating platforms in DeFi format. Revenues from these platforms will be used in the repurchase process for the redemption and burning of BSKT tokens, contributing to a significant reduction in supply on the secondary market

Video Review

BasketCoin - How it works [EN] - full version

Statistics and Externals

Concepts of hashing algorithm not applicable to Bskt cryptocurrency.

Price and supply

The current total supply is 14.9 millions, with a circulating supply of 0 BSKT as of Oct 2024. The maximum amount of coins that will ever exist in the lifetime of the BasketCoin is 2417871.

The price of BasketCoin cryptocurrency is $0.138587 as of 09:19 PM. The price change on 0% over the past 24 hours. The recent price action left the token's market capitalization at 960.2 thousands USD. In past 30 days, the Bskt coin has a change of 0%.

FAQ

What crypto exchange can I buy BasketCoin token?

BasketCoin coin can be bought from one exchange. And these are some of them: PancakeSwap (v2).

Is BasketCoin cryptocurrency a good investment?

The Bskt token is a risky asset that has strong possibility of devalue. Because of high volatility of all crypto industry you should understand: you can lose all of your invested funds, any cryptocurrency has a possibility price to crash to zero and unexpected changes in market can lead to sharp and sudden moves in price. But on the other hand of that it's chance to become rich by investing in crypto.

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Davy Jones, author

About the author

Davy Jones has been involved in the crypto industry since 2017 as a miner. Since then, he has become an avid investor, writer, and speaker in the field. Jones has been writing professionally since 2008, covering a wide range of topics in various industries.