How to safely buy Totoro Inu (2021)

The only way to buy Totoro Inu (TOTORO) is through a decentralized trading platform called Uniswap. To get started, you will need to buy ETH and send it to a Metamask wallet.

Tanya Chen

Senior Editor at Buy Bitcoin Finder

How to buy Totoro Inu (TOTORO)

Buying Totoro Inu is currently difficult because it is not yet listed on a centralized exchange like Coinbase or Binance. The only way you can invest in TOTORO is through a decentralized exchange called Uniswap.

The guide below is an overview on how to get started with the Uniswap DEX.

  1. Buy ETH from any centralized exchange that accepts your local fiat currency.
  2. Create a Metamask web wallet.
  3. Send ETH to your newly created Metamask web wallet address
  4. Visit the Uniswap platform and swap your ETH for TOTORO

Is Uniswap safe to use?

Uniswap is the largest decentralized exchange by trading volume and has battle-tested smart contracts. Trading Ethereum for Totoro Inu (TOTORO) on Uniswap is just as safe as using a major cryptocurrency exchange.

Totoro Inu Trading Fees

One thing to consider when buying Totoro Inu on a decentalized exchange like Uniswap is the expensive trading fees. Because Uniswap is deployed on Ethereum, transaction costs can be upwards of $100 USD for any amount traded.

This ultimately means that it may not be worth the time to buy Totoro Inu unless you are investing a considerable sum of money like $2,000 USD or above.

What is Totoro Inu?

Totoro Inu is one of the most popular meme coins that is built on the Ethereum network. Their token is intended to be a utility token which pays out a dividend to investors from their forthcoming anime themed launchpad.

The launchpad is a new and innovative way for new crypto projects to "ICO" or fundraise in a decentralized way. Totoro holders will be paid a fee every time there is economic activity that happens on this launchpad.

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