Volt Inu (VOLT) is a hyper-deflationary cryptocurrency that operates on multiple blockchains, including Ethereum, Binance Smart Chain, and Polygon. It is designed to invest in various asset classes such as NFTs, nodes, altcoins, staking, and farming of stablecoins, aiming to mitigate risks and capitalize on non-correlated growth. The token's deflationary mechanism involves burning tokens from treasury investments and automatic taxes on transactions, which helps maintain a rising price floor. Volt Inu offers a range of utilities, including DeFi products, gaming integrations, and exclusive rights and revenues through its NFT collection.
Volt Inu (VOLT) is a hyper-deflationary cryptocurrency with a variety of use cases across different ecosystems. Here are some key ways VOLT is utilized:
DeFi Products: VOLT is the native token of the Volt Inu ecosystem, which offers a range of DeFi products. These include VoltiChange, a decentralized exchange (DEX) that automatically lists and makes projects deflationary for free, and VoltiGames, a play-to-earn (P2E) racing game that rewards players and integrates with NFTs.
NFT Collection: The Volted Dragons Sailors Club (VDSC) is an NFT collection that provides exclusive access to gaming integrations, real-world events, and revenue streams within the VOLT ecosystem.
Payment Method: VOLT can be used as a medium of exchange for buying goods and services online, offering fast and secure transactions without the need for intermediaries like banks or payment processors.
Loans and Collateral: VOLT can be used as collateral in lending platforms, allowing users to borrow funds without selling their tokens. This provides liquidity, optimizes capital utilization, and offers lower interest rates compared to traditional loans.
Shopping and Donations: VOLT can be used for shopping, accepting payments, and making donations. Services like Crypto Cart enable VOLT holders to purchase real-world goods from over 1,700 sellers worldwide without undergoing KYC procedures.
Investment and Staking: VOLT invests in various asset classes, including NFTs, nodes, altcoins, staking, and farming of stablecoins. This diversification helps mitigate risks and take advantage of non-correlated growth in trending assets.
Overall, VOLT is designed to be a versatile and deflationary token that supports a wide range of activities within the Volt Inu ecosystem.
To store Volt Inu (VOLT) tokens, you can use various wallet options. Here are a few:
Guarda Wallet: This multi-currency wallet supports Volt Inu and allows you to buy, send, receive, and store your tokens securely. It is available as both a web and mobile app.
Atomic Wallet: This wallet supports Volt Inu V2 and allows you to manage your tokens along with other cryptocurrencies like Ethereum, XRP, Litecoin, and over 1,000 other coins and tokens. It is available for both desktop and mobile devices.
Ledger Hardware Wallets: You can also store your Volt Inu tokens on Ledger hardware wallets, which provide enhanced security. There are tutorials available on how to send crypto to these wallets.
Metamask: As a hot wallet, Metamask is another option for storing Volt Inu tokens. It is compatible with Ethereum, which is necessary since Volt Inu is an ERC-20 token.
Personal Wallet: It is highly recommended to transfer your VOLT tokens to a personal wallet instead of leaving them on an exchange. This gives you complete control over your tokens and reduces the risk of losing them due to exchange hacks or other issues.
To buy Volt Inu (VOLT) tokens, follow these steps:
Choose an Exchange:
- Centralized Exchanges (CEXs): You can buy VOLT on various CEXs such as gate.io, MEXC, and KuCoin. These exchanges offer a user-friendly interface and support multiple payment methods.
- Decentralized Exchanges (DEXs): You can also use DEXs like 1inch, which supports Trust Wallet. This method requires more technical knowledge and involves connecting your wallet to the DEX.
Create an Account:
- CEXs: Register on the chosen CEX by providing personal information and verifying your account. This may include setting up two-factor authentication and uploading a valid ID.
- DEXs: Set up your crypto wallet, such as Trust Wallet, and ensure you have the necessary funds (e.g., ETH) to make the purchase.
Fund Your Account:
- CEXs: Deposit funds into your CEX account using a payment method accepted by the exchange. This can be a credit/debit card, bank transfer, or other cryptocurrencies.
- DEXs: Transfer the necessary funds (e.g., ETH) from your wallet to the DEX.
Place a Buy Order:
- CEXs: Navigate to the VOLT trading pair and place a buy order. You can choose between market orders and limit orders, depending on your trading strategy.
- DEXs: Connect your wallet to the DEX, select the VOLT token, and execute the swap.
Store Your VOLT Tokens:
- CEXs: Store your VOLT tokens in your CEX account or transfer them to a personal wallet for added security.
- DEXs: Ensure your wallet is set up to receive the VOLT tokens after the swap is complete.
Remember to always research the exchange and its fees before making a purchase, and to follow best practices for securing your cryptocurrency assets.
