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Token American Coin (USA) is one of many country-themed memecoins and has recently surged in the lead-up to Donald Trump's inauguration as the 47th US president.
It is currently tradeable on decentralised exchanges on the Solana network including Orca, Meteora and Raydium.
How to buy USA coin
You can only buy American Coin directly via a decentralised exchange (DEX). This means you'll first need to buy SOL or another coin that you can then use to swap for USA.
Follow these steps to get started:
- Create a Solana wallet. If you don't already have one, you'll need to create a Solana wallet. You can use Phantom or another software wallet.
- Purchase crypto. You'll need SOL, TRUMP, DEFAI, USDT or USDC in order to buy USA. The easiest way to buy one of these coins may be using a crypto exchange. You can compare crypto exchanges below that offer SOL below.
- Deposit funds. Once you've bought your crypto, you'll need to transfer it to the Solana wallet you've set up using the wallet's address.
- Buy USA. Once your SOL or USDC funds have been deposited you can then use them to purchase USA on decentralised exchanges like Raydium, Meteora and Orca.
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How do I trade American Coin (USA)?
The Solana contract address for American Coin (USA) is 69kdRLyP5DTRkpHraaSZAQbWmAwzF9guKjZfzMXzcbAs, according to CoinGecko.
If you're looking to trade USA coin, you can enter this contract address into a decentralised exchange you're using, select which coin you want to use to buy it and then confirm the transaction.
You also make sure you have confirmed you have the right contract address before submitting your transaction.
USA coin is one of many memecoins that have been launched over the last few years to celebrate specific countries. Like all memecoins, USA has no real intrinsic value and was created as a novelty.
Is USA coin safe?
American Coin (USA) is a memecoin and is therefore likely to experience volatile price movements. It recently jumped around 1,000% in the build up to Trump's inauguration and then crashed around 70%.
Anyone looking to buy USA coin should be aware of the risks of trading memecoins and not invested anything they can't afford to lose.
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