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Buyer's Guide

How to Buy Saber Protocol Token (SBR)

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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

Kraken is one of the longstanding names when it comes to cryptocurrency exchanges operating in the industry.

From humble beginnings, they have now gone on to become one of the most recognizable names in the space offering an extensive selection of assets to trade including Saber (SBR).

The trading costs are competitive with other exchanges and they have continued to evolve now offering both futures and margin trading.

This is our most recommended exchange for USA residents.

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

Hoo

Hoo states that it has the goal of offering an advanced trading platform that integrates quality digital assets, while providing international users with a safe trading experience.  This Hong Kong based platform is often one of the first exchanges to list low market cap or undiscovered tokens such as Saber (SBR). Investors who use this exchange are often attempting to purchase tokens before they get listed on more popular exchanges.

Read our Hoo Review or Visit Hoo.

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

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