Squid Game coin Binance

To purchase Squid coin, investors had to be connected to a decentralised platform known as PancakeSwap . Unlike large cryptocurrency exchange platforms such as Coinbase, which is registered by US and European regulators, DeFi projects like PancakeSwap avoid a third party and so anonymity is often possible.

A digital token inspired by the popular South Korean Netflix series Squid Game has lost almost all of its value as it was revealed to be an apparent scam . Squid, which marketed itself as a “play-to-earn cryptocurrency”, had seen its price soar in recent days – surging by thousands of per cent.

You can buy these tokens from pancakswap.com , a popular decentralised exchange platform. You will have to pay a preset price to buy the tokens in order to participate in the games, which is not at all cheap going by the current rates. In some rounds, users also have to buy custom-made NFTs.