Shirtum (SHI) is a cryptocurrency designed to enhance the connection between athletes and fans by facilitating the secure exchange of digital memorabilia and stories behind memorable performances. The SHI token is essential for using the Shirtum App, where users can collect digital sports memorabilia in the form of Non-Fungible Tokens (NFTs) and participate in governance and staking activities.
Shirtum (SHI) is a cryptocurrency token that plays a central role in the Shirtum platform, which aims to create a closer connection between players and fans in the sports world. The SHI token is used for several purposes within the platform:
Interaction and Actions: Users need to hold SHI tokens to interact and perform actions within the Shirtum App. This includes accessing exclusive features and participating in community activities.
Staking and Unlocking Advantages: Users can stake their SHI tokens to unlock additional benefits, such as limited edition NFTs from their favorite players or the ability to purchase physical assets put up for sale by players.
Governance: SHI is a governance token, allowing holders to participate in community-powered decision-making and access exclusive Discord community channels.
- Payment: SHI tokens can be used as a form of payment within the platform, particularly in the NFT marketplace where users can buy or sell digital assets.
Overall, the SHI token is integral to the functioning of the Shirtum platform, facilitating user engagement, governance, and transactions within the ecosystem.
To store Shirtum (SHI) tokens safely, it is recommended to use a "Cold Wallet," which is a wallet that is completely offline. This type of wallet ensures that your coins or tokens are protected from potential online threats and unauthorized access.
To buy Shirtum (SHI) tokens, follow these steps:
Choose an Exchange: Select a reliable centralized exchange (CEX) or decentralized exchange (DEX) that supports Shirtum trading. Currently, there are only two exchanges where you can trade SHI: Gate and PancakeSwap.
Register and Verify: Sign up on the chosen exchange's official website or app. Complete the Know Your Customer (KYC) process, which typically involves providing identification documents and waiting for approval.
Buy USDT or Mainnet Cryptocurrency: Purchase USDT (Tether) or the mainnet cryptocurrency of the blockchain the DEX runs on (e.g., ETH for Ethereum-based DEX or BNB for Binance Smart Chain-based DEX). This can be done using fiat currency through various methods such as credit cards, peer-to-peer transactions, or bank transfers.
Exchange for SHI: Once you have USDT or the mainnet cryptocurrency, use spot trading on the exchange to swap it for SHI. For CEX, this can be done directly within the exchange. For DEX, you need to connect your wallet, select the "Swap" option, and choose SHI as the "To" currency.
Transfer and Store: After purchasing SHI, transfer the tokens to your wallet and store them securely. Make sure to use a reputable wallet and follow best practices for securing your assets.
Remember to always be cautious of scams and ensure you are using legitimate exchanges and wallets to avoid potential risks.
