What is Ninja Squad Token (NST)?

Ninja Squad Token (NST) is a coin belonging to the Ninja Traders community, known for its NFT portfolio. It is the native token of the NST ecosystem. NST holders have access to educational resources, analysis, and consulting services within the Ninja Traders ecosystem.

Who is the founder of Ninja Traders?

Ninja Squad was launched in 2017. The team created the NFT collections "Ninja Squad NFT" in 2021. The community's cryptocurrency NST was launched in December 2021, and among the founders of the Ninja Traders community is Kemal Hiçyılmaz, known as "Crypto Kemal."

The technical infrastructure and features of Ninja Squad Token

Ninja Squad Token is a native token based on Ethereum. It also works on Arbitrum and Solana networks. It utilizes Ethereum's consensus mechanism. That is, it operates with the Proof-of-Stake (PoS) mechanism. This allows users to stake their NSTs by locking ( and earn a chance to acquire a derivative token )derivative token( similar to NST. This derivative token provides certain rights and advantages within the ecosystem. These advantages include earning income through staking and gaining voting rights, accessing ecosystem tools and services, and trading on cryptocurrency exchanges while providing liquidity.

How to use NST?

NST holders can use their tokens for various purposes instead of just holding them. Users who lock their NSTs can obtain a derivative token called veNST. veNST holders within the ecosystem:

• They can participate in protocol governance.
• They can share in the fees and revenues of the ecosystem.

NST holders can benefit from the products offered by the Ninja Squad ecosystem. These products include Ninja Tools & Terminal, which provides on-chain data, a heatmap, and trading tools; Ninja Academy, which contains educational content; one-on-one mentoring from professional traders; Ninja Capital, which offers early access to exclusive investment rounds; and the crypto analysis channel Ninja News & Analysis.

Users can buy and sell NST through centralized )CEX( and decentralized exchanges )DEX(.

Where to buy NST?

NST Token can be purchased through both centralized and decentralized exchanges. Users must create an account through centralized exchanges and can perform NST trading after identity verification. At the same time, investors can perform transactions with stable cryptocurrencies for NST on centralized exchanges. Centralized exchanges provide ease and quick access to the user. NST can also be purchased through decentralized exchanges. Here, investors can trade by connecting their wallets such as MetaMask. However, when trading, investors need to pay gas fees.

How to buy NST?

You can use popular cryptocurrency exchanges to buy NST Coin. To purchase Ninja Squad Token )NST( with Turkish Lira, you can use Paribu, Turkey's leading technology company and cryptocurrency trading platform.

• On the Paribu homepage, you can click on the "Buy/Sell" option located at the top of the screen. After this process, you can proceed to the purchasing stage by typing NST Token in the search section.
• On the Buy/Sell page, you can start your transaction by clicking the "Buy" button to purchase NST. If you do not have an existing account at this step, you will be prompted to create one; if you do, you will be asked to log in.
• You can continue the transaction by entering the amount of Turkish lira you have specified for the purchase. After determining the amount you wish to deposit, you can proceed to confirm the transaction. Paribu automatically checks your account balance and completes your transaction if the balance is sufficient. If your balance is insufficient, you can load the desired amount through the TL deposit option.
• In the final step, you need to click the "Buy" button once more to confirm the transaction. Your cryptocurrency purchase will be processed immediately, and the cryptocurrencies you purchased will be transferred to your account shortly.

NST comments

The Ninja Squad Token is seen as a promising project by many users when considered alongside its community and product ecosystem. Especially, it is positively received by investors as it evolves from a community to a comprehensive ecosystem that offers education, analysis, trading tools, and investment opportunities. As frequently emphasized in user comments, NST holders can utilize their tokens to access the tools provided by the ecosystem, benefit from premium content, and participate in governance processes, rather than simply holding their tokens passively. In this aspect, NST establishes itself as both community-focused and highly functional coin.

This article does not contain investment advice or recommendations. Every investment and trading action carries risks, and readers should conduct their own research when making decisions.