Sushiswap provides a platform where users can buy and sell various cryptocurrencies. It achieves this by using a collection of liquidity pools; users lock up assets into smart contracts, from which traders buy and sell cryptocurrencies from, thus swapping one coin for another. As with other DeFi platforms, there is no central operator administrator.
Changes to SushiSwap crypto are made by holders of the SushiSwap coin - SUSHI. All users who hold SUSHI can propose operational changes and vote on all proposals by others.
In essence, it functions similarly to a traditional exchange, but it is not supported by a central entity but rather by smart contracts. Users who trade assets then pay a fee which is distributed to liquidity providers. Along with these fees, users who stake assets also get a portion of the 100 SUSHI, which is minted daily.
How To Buy SushiSwap or Add it to your Strategy
The fastest, most convenient way to purchase SushiSwap is to purchase it on ICONOMI. We check SushiSwap live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy SushiSwap by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if SushiSwap is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy SushiSwap, we recommend you read the next section, as copying might be a better approach.
Add SushiSwap to your portfolio by copying a Strategy
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have SushiSwap in their structure.