Guide how to buy Polkastarter $POLS token
Polkastarter released article detailing all the options you have to purchase $POLS, the native Polkastarter token.
No matter whether it is BTC, ETH or USDT that you have access to, all three will enable you to get your hands on a POLS bag.
Why buy POLS? The Polkastarter utility token plays a critical role in the Polkastarter ecosystem, giving you access to pools and our upcoming staking feature. On top of that, holding POLS enables you to directly participate in the governance of our project and determine the direction of the protocol.
🔸Step 1 – Buy your first cryptocurrency or use Crypto.com
In order to be able to buy $POLS, you should first own one of the major cryptocurrencies – Bitcoin or Ethereum. You can also opt for USDT, which is a crypto-native USD equivalent or a so-called stablecoin. You can skip this step if you already own any of the above three. Alternatively, you can also directly buy POLS with fiat currencies (USD, EUR, GBP, etc) on Crypto.com.
Just recently, Crypto.com enabled the feature of buying POLS directly with 20+ fiat currencies, including USD, EUR and GBP. You don’t need to pre-purchase any of the larger cryptocurrencies in order to buy POLS this way. You can easily do it with your credit or debit card by heading to the Crypto.com website.
If you don’t want to use Crypto.com, you still have plenty of options to buy Bitcoin, Ethereum or USDT as there are many reputable exchanges selling these for fiat money. Some examples are Coinbase, Binance, Gemini, KuCoin, Huobi, Kraken, but there certainly are a lot of other options as well. Buying Bitcoin or Ethereum on any of those is super easy and shouldn’t take too long, depending on the time it takes to deposit some cash into your wallet.
If you want to buy Ethereum, you can also do that through MetaMask. MetaMask is a cryptocurrency wallet and a web browser extension for Chrome, Firefox and Brave. It is used to securely store, send and receive Ethereum or ERC20 (Ethereum token standard) tokens. In other words, it allows you to participate in the Ethereum network and make transactions.
🔸Option 1 – Trading Bitcoin, Ethereum or USDT for POLS on Centralized Cryptocurrency Exchanges
Centralized exchanges act as the middle-man for crypto transactions. Consider them as your crypto broker. You can easily deposit fiat money into exchanges and then buy the main cryptocurrencies with that cash.
Polkastarter’s POLS token is available on multiple exchanges, most notably Binance, Huobi, KuCoin and Gate. Here is a full list, including trading pairs.
- Binance – https://www.binance.com/en/trade/POLS_USDT
- KuCoin – https://trade.kucoin.com/POLS-USDT
- Huobi — https://www.hbg.com/en-us/exchange/?s=pols_usdt
- Okex — https://www.okex.com/spot/full/pols-usdt
- Gate — https://www.gate.io/trade/pols_usdt
- Poloniex — https://poloniex.com/exchange/USDT_POLS
- MEXC — https://www.mexc.com/exchange/POLS_USDT
For the full list of exchanges and trading pairs you can also check Coinmarketcap and Coingecko, the two most reputable sources of token information.
- CMC – https://coinmarketcap.com/currencies/polkastarter/markets/
- Coingecko — https://www.coingecko.com/en/coins/polkastarter#markets
🔸Option 2 – Buying POLS on a Decentralized Exchange (DEX)
Decentralized exchanges allow for peer-to-peer transacting to safely and securely take place on the blockchain. Unlike on centralized exchanges, there is no intermediary and the tokens you get are provided by another user like yourself.
You have two options here – Uniswap, Ethereum’s largest DEX and PancakeSwap, Binance Smart Chain’s largest DEX. For either one, you’ll need to have a MetaMask account – see Step 1 for setting that up.
What is Polkastarter?
Polkastarter is the fully decentralized protocol for launching new ideas. Our curation process and industry access enable us to offer the best new projects in blockchain and digital assets. With Polkastarter, decentralized projects can raise awareness, build a loyal community, and receive long-term support. Users of the platform will be able to participate in a secure and compliant environment, and use assets both in and beyond the current ERC20 standard, namely BNB and Polygon (MATIC) tokens.
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