Superalgos platform is an ultimate free and open-source crypto trading bots platform. It has also launched its native token named Superalgos (SA). In this article, we will go through the process of buying Superalgos(SA) tokens.
Table of Contents
- Superalgos allows users to visually design, test, and deploy trading systems and strategies directly from within the UI.
- Superalgos (SA) token is Superalgos native token distributed exclusively among contributors as a reward for their hard work and value to the project.
- On contributing to the project you can earn Superalgos(SA) Tokens. The project is massive and has growing needs of all sorts, meaning that everyone may contribute and add value to the project regardless of their background and set of skills.
- The token is made available at PancakeSwap.
What is Superalgos?
Superalgos is an open-source and free trading bots platform integrating all crucial aspects of crypto trading automation in a visual scripting environment optimized for developers and access to technical users. It has been an open beta, and trading live since mid-2020 with ~2k monthly downloads. Moreover, the platform provides the powerful and flexible infrastructure required for trading intelligence to emerge. For example, traders may design, build, test, and deploy crypto trading bots to run their trading operations or broadcast signals for others to consume.
What is Superalgos (SA) Token?
Superalgos (SA) is the cryptocurrency of the Superalgos platform. Superalgos is a community-owned and token-incentivized open-source project building an open trading intelligence network. Hence, top minds here evolve and improve the project, leading them to earn Superalgos (SA) Tokens for their work. Moreover, Superalgos (SA) Token is distributed exclusively among contributors as an incentive. Therefore, it directly supports the people working to bring you the best trading automation tools when you buy tokens.
Where to buy Superalgos (SA)?
Superalgos (SA) tokens can be easily bought, traded, and purchased on PancakeSwap, a decentralized exchange platform. Furthermore, the token can be purchased using Trust Wallet, a mobile cryptocurrency wallet that supports BEP20 tokens. This is one of the wallets you may use to hold and transact with your Superalgos (SA) tokens. You can also buy SA tokens using Metamask on your PC.
How to configure the Superalgos (SA) Token in Trust Wallet?
Before buying a Superalgos token using a Trust wallet, you need to first configure the SA for the token to show up in your wallet. Below are the steps that you need to follow for the same:
- Click on the slider present in the top-right corner.
- Then, you will reach the Search- Select Asset screen. Scroll to the bottom of the list once you are there.
- Click on the + sign that is there at the bottom-left corner to Add Custom Token.
- Then, click on the Ethereum field present under Network and select Smart Chain from the list.
- Here, paste the contract address in the contract field and click the paste button.
- As soon as you click Paste, the app recognizes the Superalgos (SA) token and fills the rest of the fields.
- Finally, click Done in the top-right corner of the screen, and you are done.
How to buy Superalgos (SA) token using Trust Wallet?
With the help of any coin or asset available in the Binance Smart Chain (BSC), you can buy SA tokens. It would be best if you had any BSC-compatible assets in Trust Wallet to swap them for SA tokens. In addition to this, you also need to have BNB tokens, enough to pay the transaction fees, which are usually less than $1. Before buying SA token, you need first to configure BNB in your wallet by steps below:
- Click the button present in the top-right corner.
- Find and activate the Smart Chain BNB in the list with the slider on the right. That’s it, and you are done.
Step-by-Step Process to Buy SA Token:
- Click the DApps button present and then scroll down to find the PancakeSwapp app, and click on it.
- Then, click Connect Wallet -> Trust Wallet. If you then see the wallet icon, it means the wallet is now connected.
- Now, you need to select the asset you wish to use to purchase SA tokens. For example, it can be BTCB and any other.
- After that, select the asset in the TO field. However, you will not be able to see the SA token in the list of assets, so you need to paste the SA token contract address, i.e., 0xfb981ed9a92377ca4d75d924b9ca06df163924fd.
- However, you can also find this address by visiting the Superalgos website and following the steps:
- Click the Menu button and select Token-> Overview.
- Scroll down the page until you find the SA Token contract address in Binance Smart Chain.
- Now, copy the contract address and paste the address in the Trust Wallet app.
- The app should find the SA token once you paste the contract. Click on it and enter the amount of the asset you would wish to spend to buy SA tokens.
- The app will itself calculate the number of SA tokens you may buy with that amount. Then, click Swap.
- Now, Confirm Swap and approve the transaction.
- Finally, you can now close the window, exit PancakeSwap and go back to your wallet.
Conclusion: How to Buy Superalgos(SA) Token
Superalgos is all in all an impressive piece of crypto trading software. It has gone through several iterations to get to the current stage, and tens of thousands of hours have gone into developing it. Furthermore, the Superalgos Token that the platform provides is distributed exclusively among all the contributors as an incentive. I hope this article ” How to buy Superalgos(SA) Token” might have briefed you about the whole process behind buying tokens.
Frequently Asked Questions
Are Superalgos crypto trading bots fully automated?
Yes, Superalgos crypto trading bots are fully automated if you choose to run live trading sessions. However, Superalgos can be used to mine data from design and test strategies, exchanges, research crypto markets, or run paper trading sessions without ever deploying a crypto trading bot to trade live.
Does Superalgos work with crypto derivatives?
Superlagos works with spot crypto markets only at this moment. However, it is in the mid-term roadmap to extend the capabilities to deal with derivatives.
Is Superalgos a web-based service?
No, Superalgos is an app that you need to download and run locally on your premises. This is done to fulfill the requirement of a trustless deployment: you shouldn’t need to trust your funds, strategies, exchange keys, or personal information with any third party.
Is there a need to have an account with the crypto exchange?
Yes, you need an account with an exchange API key and a supported exchange if you decide to trade live and in a fully automated fashion. However, you may use Superalgos to get started, download data from exchanges, build and test trading strategies, and run paper trading sessions without an exchange account.