stub 3 'Best' Exchanges to Buy Saber Protocol (SBR) - December 2022
Connect with us

Buyer's Guide

3 ‘Best’ Exchanges to Buy Saber Protocol Token SBR (December 2022)

mm
Updated on

Securities.io is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review.  Please view our affiliate disclosure. Trading involves risk which may result in the loss of capital.

Saber markets itself as a ‘cross-chain stablecoin and wrapped assets exchange’.  Built atop the Solana network, Saber aims to provide a comprehensive suite of services targeted towards not only traders, but liquidity providers and developers.  Saber indicates that these groups can benefit from using its platform in the following ways.

  • Traders (instant swaps with minimal fees)
  • Liquidity Providers (yield from transaction fees)
  • Developers (simply integration in any protocol of app based on Solana)

Underpinning the Saber ecosystem is its native token known as ‘SBR’.  Saber indicates that SBR have a hard-cap of 10B, and function as governance tokens with two primary use cases.

  • Steward the development of the Saber Protocol & collaborate with the community on key parameters like fees models
  • Align incentives between Saver stakeholders (users, liquidity providers, ecosystem partners, team)

For prospective buyers, Saber has taken the time to note that SBR tokens represent an opportunity to ‘govern the protocol’ and that it does not ‘recommend purchasing SBR for speculative investment purposes’.

Notably, Saber was originally known as ‘StableSwap’, undergoing a rebranding in mid-2021.  This move was undertaken as its goals expanded beyond solely swaps to servicing DeFi as a whole.

We list the top 3 exchanges that offer the ability to buy Saber (SBR) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).

Kraken

Founded in 2011, Kraken is one of the most trusted names in the cryptocurrency industry with over 9,000,000 users, and over $207 billion in quarterly trading volume.

From humble beginnings, Kraken now offers over 200 digital assets including Saber (SBR). For more sophisticated investors Kraken also offers futures and margin trading.

Kraken has continued to evolve its platform, and its commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens. Users can also earn up to 23% in rewards annually by staking select digital assets.

Kraken offers trading access to over 190 countries including Australia, Canada, Europe, and is our most recommend exchange for USA residents. (Excluding New York & Washington state)

Read our Kraken Review or visit Kraken.

Gate.io

Established in 2013, Gate.io has grown in to a reputable trading platform.  While it is not the most popular exchange, it provides users with an easy to use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange boasts a large number of altcoins including Saber (SBR), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation.

This exchange currently accepts Australia & UK residents.

USA & Canada residents are prohibited.

Read our Gate.io Review or visit Gate.io

Gemini

Founded in 2014, Gemini is a centralized digital asset exchange.  In the time since, Gemini has gone on to become one of the most trusted platforms of its kind, boasting licensure by the New York Department of Financial Services (NYDFS).

Gemini offers various services, ranging from credit cards to trading, loans, interest bearing accounts, and more.  Gemini provides users with access to 7 FIAT currencies, and over 75 digital assets – including Saber (SBR).

This exchange currently accepts both Canadian and U.S. residents.

Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.