Where and How to Buy PulseChain (PLS)
As PulseChain (PLS) continues to gain traction in the crypto space, many investors are eager to add this promising token to their portfolios. This guide will help you navigate through the best platforms to buy PulseChain, understand the differences in fees, KYC requirements, and the necessary steps to set up a self-custodial wallet. Let's dive into the world of PulseChain and discover how to make informed and efficient purchases.
Best Places to Buy PulseChain (PLS) Tokens
Official PulseChain Bridge
The PulseChain Bridge is the official website to buy PLS tokens. It allows users to bridge assets like ETH, USDC, USDT and manny other crypto assets from Ethereum to PulseChain. This method is best suited for those comfortable with setting up a self-custodial wallet.
- Fees: 0%
- Type: Bridge
- KYC: No KYC required
- Max Swap Amount: No limit
- Swapping Time: Approximately 20 minutes
- Difficulty: Intermediate
Why Choose PulseChain Bridge? The PulseChain Bridge is ideal for large transactions due to its zero-fee structure. It's fully decentralized and hosted on IPFS, ensuring accessibility and security at all times. Users looking to purchase PulseChain will find this method efficient, especially for transferring larger amounts.
dPiteas
Piteas is a decentralized exchange (DEX) aggregator on PulseChain, perfect for users who already have tokens like USDT, USDC or ETH on PulseChain. It leverages multiple DEXs such as PulseX, 9MM, 9Inch an others to provide the best price and lowest slippage.
- Fees: 0 - 1%
- Type: DEX Aggregator
- KYC: No KYC required
- Max Swap Amount: No limit
- Swapping Time: Approximately 2 minutes
- Difficulty: Intermediate
Why Choose Piteas? Piteas ensures the best order execution by integrating various DEXs, providing users with access to extensive liquidity pools and optimal returns. This platform is excellent for those who want to acquire PLS tokens with minimal hassle and optimal pricing.
MEXC
MEXC is a centralized exchange known for its user-friendly interface and no KYC policy, making it accessible for beginners. It offers a daily withdrawal limit of 1 BTC without requiring KYC.
- Fees: 0.01%
- Type: Centralized Exchange (CEX)
- KYC: No KYC required
- Max Swap Amount: No limit
- Swapping Time: Approximately 1 minute
- Difficulty: Beginner
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Why Choose MEXC? MEXC is great for beginners due to its low fees, robust security measures, and extensive range of supported digital coins and assets. It’s a convenient option for cost-conscious traders looking to buy PulseChain PLS tokens easily. This is a great option for anyone that wants to buy PLS tokens with fiat (U.S. dollars, Euros etc.).
While a centralized exchange provides easy of use, low fees and a simple sign up process, it is always recommended to withdraw your tokens from a centralized exchange and hold your tokes in a self-custodial wallet.
How to Set Up a Self-Custodial Wallet
Before purchasing PulseChain (PLS) tokens, you need to set up a self-custodial wallet. This step is crucial as it allows you to hold and manage your tokens securely. The below guide illustrates how to setup a software wallet, but it is worthwhile noting to consider using a hardware wallet when dealing with higher crypto amounts.
There are two types of self-custodial wallets:
- Software Wallets: These wallets generate your seed phrase on a device(mobile or desktop). Most software wallets work as a browser extension and are more user-friendly than hardware wallets.
- Hardware Wallets: These wallets generate your seed phrase on a hardware device that is not connected to the internet. Even if your computer or mobile phone gets hacked, your seed phrases are never exposed. It is highly recommended to store larger crypto amounts on a hardware wallet for increased security. The top hardware wallet provider are Trezor and Ledger. Crypto aficionados, that pay attention to security usually go for the Trezor wallet as the software of Trezor is open source.
Step 1: Choose a Wallet
Popular options include MetaMask and Trust Wallet. Both wallets are very trusted wallets by the crypto community for their security and ease of use.
- MetaMask: Available as a browser extension and mobile app, MetaMask supports EVM blockchains like Ethereum and PulseChain.
- Trust Wallet: A mobile wallet that supports multiple blockchains and tokens, offering a user-friendly interface and strong security features.
Step 2: Install and Set Up Your Wallet
- Download and Install: Visit the official website of MetaMask or Trust Wallet and download the extension or app.
- Create a New Wallet: Follow the prompts to create a new wallet. Ensure you set a strong password.
- Backup Your Seed Phrase: During the setup, you’ll receive a seed phrase. Write this down on paper and store it in a secure location. Do not store it digitally to avoid hacking risks.
Notes on generating and storing your seed phrase: Seed phrases are a critical part of the crypto ecosystem as they represent the access key to our wallet. Please make sure to never safe your 12 or24 word seed phrases digitally. If your device ever gets compromised hackers have direct access to your crypto. Write down your seed phrase on a piece of paper and store them in a secure location. Even better, consider purchasing metal crypto seed plate to engrave your seed phrase onto it.
Step 3: Add PulseChain Network to MetaMask
To interact with PulseChain, you need to add it as a custom network in MetaMask:
- Open MetaMask: Click on the network dropdown at the top of the MetaMask interface.
- Select "Add Network": Enter the following details:
- Network Name: PulseChain
- New RPC URL: https://rpc.pulsechain.com
- Chain ID: 369
- Symbol: PLS
- Block Explorer URL: https://scan.pulsechain.com/
For up to date RPC settings and adding the PulseChain network in one-click visit, Chainlist.
Step 4: Deposit ETH to Your Wallet
You’ll need ETH to bridge to PulseChain. Here’s how to deposit ETH:
- Sign Up on a Centralized Exchange: Create an account on Kraken, Coinbase, or Binance.
- Buy ETH: Link your bank account or use a payment method like debit card, credit card, Apple Pay, or Google Pay to buy ETH.
- Transfer ETH to Your Wallet: Go to the exchange’s withdrawal section, enter your wallet address from MetaMask or Trust Wallet, and transfer the ETH.
- Use PulseChain Bridge: Once you have ETH in your self custody wallet, the fastest and best way is to use the PulseChain bridge to transfer your ETH from Ethereum to PulseChain.
How to use the PulseChain Bridge
Using the PulseChain Bridge
The PulseChain Bridge is essential for transferring assets from Ethereum to PulseChain. Th PulseChain bridge is hosted on IPFS, which is a decentralized network to ensure the Bridge webite always stays online.
Step 1: Access the PulseChain Bridge
Visit the official PulseChain Bridge website.
Step 2: Connect Your Wallet
Click on “Connect Wallet” and select MetaMask or Trust Wallet.
Step 3: Bridge ETH to PulseChain
- Select ETH: Choose ETH as the asset to bridge.
- Enter the Amount: Specify the amount of ETH you want to bridge.
- Confirm the Transaction: Review the transaction details and confirm.
After the bridge transaction completes, you will have ETH on PulseChain. From there you can use PulseX (the official Decentralized Exchange (DEX) on PulseChin) or Piteas.
Don't I need PLS to transact after I bridged in ETH? Nope, not anymore. Thanks to BridgeBuddy, anyone that bridges ETH or any other currency from Ethereum to PulseChain, gets 3,690 PLS for free. This is enough for 5-10 swaps to swap your ETH or USDT or other tokens for PLS.
How to Use Piteas
Piteas is a decentralized exchange aggregator that ensures optimal prices by integrating multiple DEXs.
- Access Piteas: Visit the Piteas website.
- Connect Your Wallet: Click “Connect Wallet” and choose your wallet.
- Swap ETH for PLS: Select ETH as the input token and PLS as the output token. Enter the amount and confirm the swap.
How to Use MEXC
MEXC is a centralized exchange that is user-friendly and requires no KYC.
- Sign Up on MEXC: Create an account on MEXC.
- Deposit Crypto: Transfer USDC, USDT, or ETH to your MEXC account.
- Buy PLS: Navigate to the trading section, select PLS, and execute your purchase.
Conclusion
Buying PulseChain (PLS) tokens involves several steps, but with this detailed guide, even beginners can confidently navigate the process. Whether you choose the PulseChain Bridge, Piteas, or MEXC, each platform offers unique benefits tailored to different user needs. Setting up a selfcustody wallet is the first step to ensuring your crypto assets are securely managed. By following this guide, you’ll be well-equipped to join the PulseChain community and explore the potential of PLS tokens.
Frequently Asked Questions
Where can I buy PulseChain PLS tokens?
You can buy PulseChain PLS tokens through the PulseChain Bridge, Piteas, and MEXC. Each platform offers unique benefits and suits different user needs.
What is a self-custodial wallet?
A self-custodial wallet is a type of wallet where you hold the private keys of other coins, giving you complete control over your crypto assets. Examples include MetaMask and Trust Wallet.
How do I set up a self-custodial wallet?
To set up a self-custodial wallet, download and install MetaMask or Trust Wallet, create a new wallet, and securely back up your seed phrase.
What is the PulseChain Bridge?
The PulseChain Bridge is a tool that allows users to transfer assets from Ethereum to PulseChain, facilitating the acquisition of PulseChain PLS tokens.
Can I see how to buy PulseChain with a debit card or bank transfer?
You can buy ETH with a debit card or bank transfer on centralized exchanges like Kraken, Coinbase, or Binance, then transfer the ETH to your self-custodial wallet and use the PulseChain Bridge to get PLS tokens.
Can I purchase PulseChain PLS tokens using fiat currencies?
Directly purchasing PulseChain PLS tokens with fiat currencies is not possible at the moment. However, you can buy ETH with fiat currencies on centralized exchanges like Kraken, Coinbase, or Binance. After buying ETH, transfer USD to your exchange account, purchase ETH, then transfer ETH to your self-custody wallet, and use the PulseChain Bridge to convert ETH to PulseChain PLS tokens.
How did the PulseChain launch impact the crypto market?
The PulseChain launch brought a new level of efficiency and scalability to the crypto market by introducing faster transaction speeds and lower fees. Since PulseChain launched, it has gained significant attention for its potential to revolutionize blockchain technology. The native token, PulseChain PLS, has become a sought-after asset, prompting investors to explore various ways to buy PLS.