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How To Buy Nakamoto Games (NAKA) In India? [2024]

By April 3, 20244 minute read

Nakamoto Games, also known as NAKA, is a blockchain-based play-to-earn gaming protocol operating on Polygon. It offers a diverse range of P2E games within a sustainable metaverse ecosystem. In this blog, learn more about this crypto and check out how you can buy NAKA tokens in India.

About Nakamoto Games

Nakamoto Games stands as a prominent platform bridging blockchain technology and the gaming sector. It presents gamers with an array of captivating gaming experiences built on blockchain, introducing them to the realm of cryptocurrencies and decentralized systems in an interactive manner. Through Nakamoto Games, users can engage in various in-game activities like asset acquisition and trading within a decentralized environment.

About NAKA Token

The NAKA token plays several roles within the Nakamoto Games ecosystem. It functions as a medium of exchange on the platform, facilitating a range of in-game transactions such as buying virtual assets, engaging in staking activities, and conducting trades.

Users are required to utilize NAKA tokens to purchase games and access gameplay. Furthermore, players can employ these tokens to acquire weapons and items specific to various games. To uphold a stable economy and a deflationary model, the team plans to burn additional NAKA tokens as the reward pool expands partially.

Key features of NAKA Token

  • Utility: NAKA serves as the primary currency within the Nakamoto Games metaverse, facilitating seamless transactions for in-game assets, tournament participation, and various gaming-related activities.
  • Market Liquidity: NAKA tokens are readily available on multiple cryptocurrency exchanges, ensuring liquidity and enabling users to easily buy, sell, or trade the token according to their preferences.

NAKA Tokenomics

Trading price (at the time of writing): $1.88

Global Market Cap (at the time of writing): $169,718,178

Global Trading Volume (at the time of writing): $35,686,134

Circulating Supply: 90,463,652 NAKA

Total Supply: 180,000,000 NAKA

Token Allocation

P2E – 22.2%

Private Round 1 – 11.1%

Team – 11.1%

Operational Reserves – 11.1%

Private Round 2 – 10.7%

Player Sponsoring – 8.33%

Buying Nakamoto Games (NAKA) in India

Below are a few simple steps you can follow and buy the NAKA token in India with WazirX, India’s most trusted and widely used crypto exchange.

The best way to buy NAKA tokens is by depositing INR in your WazirX wallet. Alternatively, you can also buy NAKA using P2P trade; to get answers to all your queries related to the P2P trade, click here!

Step 1 – Sign-Up on the WazirX platform

To begin buying and selling NAKA, you must sign up for an account on the WazirX platform. If you already have an account, you can log in directly.

For your reference, here’s how you can open an account on WazirX.

Step 2 – Set up your account security by verifying your email address.

This step is about verifying your email address. After you sign up on the WazirX platform, you’ll get a verification link on your registered email. By clicking on that link, you’ll get two options to ensure the security of your account – the authenticator app and mobile SMS.

Note: The authenticator app is a more secure way to stay safe when compared to mobile SMS because there’s a risk of delayed reception or SIM card hacking.

Step 3 – Complete the KYC process.

After choosing your country, you can proceed with completing the KYC process. Click here for a detailed overview.

Note: You must complete your KYC to be able to trade P2P or withdraw funds on the WazirX app.

Step 4 – Add funds to your WazirX wallet.

To add funds, simply go to your account on the WazirX app or web. Click on “Funds” and then on “Deposit INR.”

You can deposit INR using any mode (NEFT/ RTGS/ IMPS).

You can also buy NAKA through P2P to the WazirX wallet. The NAKA will act as funds to help you buy your favorite cryptos.

Step 5 – Finally, buy NAKA on WazirX.

You can now easily purchase NAKA tokens using INR Deposits. In the case of P2P trade, check NAKA to INR here and NAKA to USDT here.

After logging in to your WazirX account, you can choose INR from the “Exchange” tab. You can also check all the price charts, order book data, and an order input form on the right side of the screen.

Click “Buy” after entering the amount and checking the total INR amount to be paid.

Your order will be placed according to the price you have input. And, in the case of P2P trade, a seller willing to sell at a price will be notified, and then you can exchange the tokens using P2P.

The order might take a few minutes to complete, but as soon as it is executed, you will receive the NAKA Tokens you purchased in your WazirX wallet.

Happy Trading!

Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
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