Sinbad Invest Is Here!
You can now buy and sell Bitcoin, Solana and Ethereum and more on Sinbad.
You can now buy and sell Bitcoin, Solana and Ethereum and more on Sinbad.
Sinbad, the first non custodial P2P wallet in the Middle East and Africa makes it easy for users to buy/sell cryptocurrencies using local payment methods empowering those in Africa and the middle east economies to grow and invest their money.
More tokens
What’s more convenient than having access to a wide range of tokens? Exactly.
We’ve diversified the invest portfolio to give you access to over 10 tokens. We’re talking small caps, large caps, and everything in between.
And the best part? You don’t have to worry about gas fees when trading these tokens because on Sinbad, gas fees are ZERO!
More control
Newly-launched tokens can often be volatile, leading to potential transaction failures—no one likes that.
To give you more control over your swap experience on Sinbad, we’ve introduced a maximum slippage of 1%. This ensures that you avoid losing out during volatile conditions.
For more information on slippage, you can read our help center article here.
How to invest with Sinbad:
Step 1: Go to the Invest tab (📈)
Step 2: Select the token you’d like to buy or sell
Step 4: Enter the amount you’d like to trade. Click Continue to proceed
Step 5: Review the transaction details and click Buy Now to submit
It’s that easy!
Friendly reminder: Tokens are stored on the Polygon network. Therefore, tokens like Bitcoin, Solana, Link, Uni, USDT, and Ethereum are all wrapped tokens on the Polygon network. Before transferring these tokens to any other wallet, always double-check whether the receiving wallet supports these tokens and network. You can learn more about each token by clicking on it in the Invest page.
Frequent Asked Questions
It’s pretty exciting if you happen to be into crypto but you probably have a few questions before you sign up. So here how it works:
Can I buy and sell cryptocurrency with Sinbad?
Yes, you can now buy and sell Bitcoin and Ethereum, Solana and other assets with Sinbad Invest.
How to signup on Sinbad?
All you need is a Sinbad account and since Sinbad is non custodial, it lives on your own address on the blockchain. To start buying and selling crypto, just head to the Invest page.
I’m ready to start, but what exactly is cryptocurrency?
Cryptocurrency is a digital asset that operates outside of any government control. Popular cryptocurrencies like Bitcoin and Ethereum derive their value from how much people are willing to pay for them on the open market, similar to stocks.
While you don’t need to understand the intricacies of Bitcoin mining or blockchain technology, it’s important to know what you’re investing in. That’s true for any investment, whether it’s stocks or real estate.
So, you must think crypto is a good investment, right?
Our advice is to diversify with a low-cost portfolio that tracks the market. However, we’ve created Sinbad Invest as a simple, efficient, and secure way to buy and sell cryptocurrency because it’s something our users are interested in.
There are many reasons to buy crypto—whether it’s the technology, the hype, or as a hedge against traditional currencies. We don’t take a stance, but we do provide a no-commission way to buy crypto once you’ve made your decision.
How do I know my cryptocurrency is safe?
Sinbad is a non-custodial wallet, so your assets remain under your control at all times but this also comes with a risk. Read more here on owning your money on Sinbad.
How do I know I’m getting a good price?
We work with a market maker who sources prices across multiple exchanges to get you a low price. This is crucial because, unlike stocks, cryptocurrencies are listed on multiple exchanges. Shopping across them ensures you get the best price.
OK that all sounds great. But you guys are software people. What’s cool about this software?
First, it’s designed to be simple. You don’t need to be an expert in cryptocurrency or blockchain to use this platform. It’s geared toward anyone who’s interested in learning more or dipping their toes into crypto trading. And doing it in a secure way. It’s all incredibly clear, simple, and yes, comes with no commission.