PooCoin (POOCOIN) is a native token on the Binance Smart Chain (BSC) associated with the PooCoin app, a web-based application for live streaming charts and swapping BSC tokens. Despite its humorous name and logo, PooCoin gained popularity for its impressive price performance. It has a total supply of 10 million tokens, with 5.08 million in circulation, and is one of the meme-themed tokens in the crypto space, offering tools and features for BSC users interested in low-cap coins.
Here’s a simplified guide on investing in PooCoin in just five simple steps.
How to buy PooCoin (POOCOIN) in five easy steps
Step 1 - Register on a cryptocurrency exchange that supports PooCoin
Start by finding a reputable cryptocurrency exchange that supports PooCoin and BNB tokens, such as PancakeSwap v2 (BSC), Binance, or BitScreener. Create a free account on the exchange website or app, and provide your personal information, including name, email address, phone number, and country of residence. You will also need to verify your identity by uploading a valid ID card, passport, or driver’s license to comply with AML and KYC regulations.
Step 2 - Choose a payment method and purchase BNB tokens
Select a payment method that suits your preferences and budget, such as a credit card, debit card, bank transfer, or third-party payment service, depending on the exchange. Buy BNB tokens, the native currency of the Binance Smart Chain (BSC) network where PooCoin operates. Enter the amount of fiat money or other cryptocurrencies you want to spend, and select BNB as the coin you want to receive. Confirm your order and wait for it to be processed by the exchange.
Step 3 - Transfer your BNB tokens to a crypto wallet that supports PooCoin and BNB tokens
To transfer your BNB tokens from the exchange to a crypto wallet that supports PooCoin and BNB tokens, such as Binance Wallet or MetaMask Wallet, download and install the wallet app on your computer or mobile device, and set up your account. Copy and paste your wallet address, and select the BNB network as the network option. Finally, initiate the transfer, making sure to select the correct network option to avoid losing your funds.
Step 4 - Connect your wallet to a decentralized exchange (DEX) that supports PooCoin
Connect your wallet to a DEX that supports PooCoin, such as PancakeSwap, BakerySwap, or ApeSwap. Go to the DEX website or app, click on the connect button, and select your wallet option. Approve the connection request on your wallet app to allow the DEX to access your wallet balance and execute transactions.
Step 5 - Swap your BNB tokens for PooCoin
To swap BNB for PooCoin on a DEX, simply select BNB as the payment currency and PooCoin as the desired coin. Enter the amount of PooCoin or BNB you want to spend, and review the exchange rate, PooCoin amount, and network fee. Confirm the swap and wait for processing. Once the transaction completes, your PooCoin balance will appear in your wallet. You can then use or store your PooCoin as desired.
Also read: PooCoin Price Prediction
Popular video guides on buying PooCoin (POOCOIN)
Where to buy PooCoin (POOCOIN)?
PancakeSwap v2 (BSC) is a popular DEX on the Binance Smart Chain, offering AMM trading, yield farming, staking, lottery, NFT marketplace, and perpetual futures trading. Users can earn passive income, trade NFTs, and engage in futures trading with leverage. Since its launch in September 2020, PancakeSwap v2 (BSC) has grown rapidly and aims to provide a fast, affordable, and enjoyable way for users to trade and earn crypto on the BSC network.
| Header 1 | Header 1 |
|---|---|
| Operational Since | April 2018 |
| Weekly Average Transaction Volume | $1.19B (As of 10/03/2023) |
| Deposit Methods | Crypto wallet (BEP-20 tokens) |
| Deposit Fees | Network fees or gas fees (varies depending on network congestion) |
| Cryptos Listed | All BEP-20 tokens, as well as several popular futures pairs |
| Trading Fees | 0.25% per transaction (0.17% returned to liquidity pools, 0.03% sent to treasury, 0.05% sent to buyback and burn program) |
| Fiat Currencies Supported | None (only crypto-to-crypto trading) |
| Trustworthiness | Safe and reliable |
Bilaxy is a centralized cryptocurrency exchange launched in 2018, registered in the Republic of Seychelles. It focuses on providing liquidity for new and emerging tokens and supports over 500 cryptocurrencies, including its native token BIA. With a simple and user-friendly web-based trading platform, Bilaxy charges a flat trading fee of 0.15%. It aims to provide a fast, secure, and reliable trading experience for crypto enthusiasts as an open-source and community-driven project.
| Header 1 | Header 1 |
|---|---|
| Operational Since | April 2018 |
| Weekly Average Transaction Volume | $58,670,721 USD |
| Deposit Methods | Crypto wallet (cryptocurrencies only) |
| Deposit Fees | Free (network fees or gas fees may apply) |
| Cryptos Listed | Over 500 cryptocurrencies and tokens, including Bitcoin, Ethereum, Binance Coin, Tether, and Bilaxy Token (BIA) |
| Trading Fees | 0.20% for both makers and takers (0.10% if using BIA to pay for trading fees) |
| Fiat Currencies Supported | None (only crypto-to-crypto trading) |
| Trustworthiness | Safe and reliable |
BitScreener is a centralized cryptocurrency exchange based in Singapore, launched in 2018. It offers a comprehensive and user-friendly platform with features like a crypto screener, exchange ratings, and market news. With support for over 200 cryptocurrencies, including its native token BITX, it aims to provide a reliable and intuitive trading experience. Its web-based platform is accessible on desktop and mobile browsers and includes an API for integration.
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2017 |
| Weekly Average Transaction Volume | $42,126,870 USD |
| Deposit Methods | Crypto wallet (cryptocurrencies only) |
| Deposit Fees | Free (network fees or gas fees may apply) |
| Cryptos Listed | Over 200 cryptocurrencies and tokens, including Bitcoin, Ethereum, Binance Coin, Tether, and BitScreener Token (BITX) |
| Trading Fees | 0.15% for both makers and takers |
| Fiat Currencies Supported | None (only crypto-to-crypto trading) |
| Trustworthiness | Safe and reliable |
Frequently Asked Questions
Where can you buy Poocoin with a credit or debit card?
Unfortunately, Poocoin cannot be directly purchased with a credit or debit card. Instead, you would need to buy another cryptocurrency, such as USDT, BTC, ETH, or BNB, using a fiat-friendly platform like BitPay, Coinbase, Binance, Kucoin, or OKX. Once you have acquired one of these cryptocurrencies, you can then swap it for Poocoin on a crypto exchange or wallet that supports Poocoin trading.
What will you need to buy Poocoin?
To buy Poocoin (POOCOIN), you will need to have Binance Coin (BNB) tokens in your wallet and use a decentralized exchange (DEX) like Bilaxy or PancakeSwap to swap them for POOCOIN.
What are the best wallets to store your Poocoin (POOCOIN)?
Some of the popular wallets for storing Poocoin (POOCOIN) tokens include MetaMask, TokenPocket, Assure Wallet, SafePal, and Coinhub. These wallets offer various features, such as web, mobile, and hardware options, support for multiple blockchains, DApp access, and low-fee swaps.
Is PooCoin (POOCOIN) a good investment?
PooCoin (POOCOIN) presents an exciting investment opportunity for those who believe in its vision and potential. As a token on the Binance Smart Chain, it aims to provide chart and portfolio management and improve on existing DEXs. Despite being a relatively new project, price predictions from various sources suggest positive growth in the future. Additionally, PooCoin’s innovative approach and market trends may contribute to its success.
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