How & where to buy Sumokoin cryptocurrency
The Sumokoin tokens is incredibly difficult to find, due to a lack of crypto exchanges that offer it. The two trading platforms offer 2 pairs: SUMO/BTC and SUMO/IDR. Full details is located above.
Where to buy Sumokoin
Step 1You need an account with a cryptocurrency exchange that supports Sumokoin crypto. All of them listed on our site. Register it, if you don't already have it or login with your credentials.
Exchanges
Step 2
Transfer or buy with P2P one of this coins: IDR or BTC.
Step 3Go to spot on your trading platform and type the token name in search box. Select from available trading pairs, then set order and push Buy SUMO button.
Congratulations!
After you hit buy, the Sumo cryptocurrency will be transferred to your account on the exchange. You need to know that just moving your coins from crypto exchange to cold crypto wallet like Trezor T or Ledger Nano S, you help better protect your finances. Not only does this cut your risk if your trading platform of choice gets cracked, but if you move to a “cold,” or offline, wallet, your Sumo turn into almost unhackable. The only con generally have to pay a small fee to transfer your tokens off of the trading platform.
What is Sumokoin
Sumokoin (スモコイン in Japanese) is a fork from Monero, one of the most respectable cryptocurrency well-known for security, privacy, untraceability and active development. Starting as an educational project, we found that it would be great to create a new coin with high level of privacy by (1) moving forward right away to Ring Confidential Transactions (RingCT), (2) setting minimum transaction mixins to 12 that would make it high resistance to blockchain analysis attacks.
Video Review
All about the Sumokoin crypto currency
Statistics and Externals
Concepts of hash algorithms doesn't apply in case of Sumo coin. The genesis challenge was started on April 18, 2017.
Price and supply
The current total supply is 88.9 millions, with a circulating supply of 10.1 millions SUMO as of Nov 2024. The Sumokoin max amount of coins that will ever exist is 10089780.
The Sumokoin coin price is $0.003871835425 as of 07:43 AM. The price went up on 1.0101% over the past 24 hours. The recent price action left the token's market capitalization at 540.6 thousands united states dollars. So far past 30 days, the Sumokoin increased on 0.49%.
FAQ
What cryptocurrency exchange can I buy Sumo crypto?
Sumo crypto can be purchased from two exchanges. Some of them: Indodax and TradeOgre.
Is Sumo coin a good investment?
The Sumokoin coin is very risky asset that has strong probability to lose its value. Because of high volatility of all Blockchain based assets you have to understand: you can lose all of your invested funds, unexpected changes in market can lead to sharp and sudden moves in price and any cryptocurrency has a possibility price to crash to zero. Aside from that investing in cryptocurrencies is potentially extremely profitable.
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About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
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