Given our history of humanitarian support and endeavours, Philcoin’s purpose is to give back while people transact on blockchain. Philcoin’s mission is to help build a digital economy while chatting, participating in educational programs, accessing entertainment, playing video games and shopping. This will all be achieved while fulfilling the purpose of the 17 Sustainable Development Goals of the United Nations and every humanitarian support garnered within our ecosystem.

  • Free from registrations, KYC and third-party custody.
  • On BTCC, you can buy USDT with a credit/debit card and pay in fiat currencies such as USD, KRW, TWD, JPY, and AUD.
  • Philcoin ($PHL) is a confusing cryptocurrency to buy.
  • You need to create your own wallet to hold both BNB and PHL.

You need to create your own wallet to hold both BNB and PHL. After your account has been created, you will be required to go through the KYC (know your customer) process. The KYC process also requires you to provide proof of identity and proof of residency.

How to Buy Philcoin Crypto (PHL)

You need an account with a cryptocurrency exchange that supports Philcoin. Register it, if you don’t already have it or login with your credentials. You can trade Philcoin(PHL) for other cryptocurrencies on crypto exchanges. Cex or Dex exchanges offer some trading pairs for Philcoin trading to meet your needs. No matter what people say, it’s easy to buy Philcoin ​​with a credit card. Your first step will always be to buy BTC/ETH/USDT with your credit card.

  • This will open MetaMask, a browser plugin that will allow you to send your BNB tokens to PancakeSwap.
  • Now you have to select the amount of BNB you want to trade for PHL.
  • They are the best choice for those storing a lot of value or planning to hold long term.
  • Staking is a great way to maximize your holdings in staking coins that would otherwise be sitting in a wallet or trading account.

No, you cannot mine Philcoin ​​as it has a different network structure than Bitcoin. However, you can use Binance to exchange your fiat currency in PayPal for $PHL. Now click on the other field and choose Philcoin from the list.

Philcoin ($PHL) is a confusing cryptocurrency to buy. There’s no good guide out there explaining everything you need to…

After you press buy, the Philcoin crypto will be deposited in your account on the trading platform. Please be advised that just moving your coins off trading platform to cold wallet like Trezor or Ledger Nano X, you help better protect your purchase. It’s not only lower your risk if your exchange or account gets hacked, but if you transfer separate hardware wallet, your Phl coin turn into virtually unbreakable. The only con usually have to pay a small fee to move your coins from the exchange. This website is using a security service to protect itself from online attacks.

Therefore, before making any investments, you should do your own research (DYOR) and assess your risk appetite before proceeding. First of all, if you haven’t done so already, please sign up for an account by clicking on the yellow button in the top right corner. That’s where you’ll store your Philcoin tokens and access a wide range of new features. Once you’re set up on Binance, it’s time to convert some USDT into BNB.

Step 2: Buy USDT with fiat money

BTCC is constantly reviewing and adding cryptocurrencies that can be used on the platform. If you would like to buy Philcoin PHL, which is currently not listed on BTCC, you can visit other exchanges that support the purchase of Philcoin PHL. You can store coins on exchanges after purchase but we recommend using a dedicated wallet for security and long term storage. Hardware wallets offer the most security but cost money. They are the best choice for those storing a lot of value or planning to hold long term.

Why should you buy Philcoin?

You can purchase good or service from these places. Staking is a great way to maximize your holdings in staking coins that would otherwise be sitting in a wallet or trading account. Our multi-device support feature allows users to trade on the BTCC platform anytime, anywhere. No, Philcoin is a digital token built on the Binance network chain BNC.

However, you can use Binance to exchange your cash for $PHL. On the top field enter the amount of BNB you would like to exchange for $PHL. You can go back and change this number anytime before proceeding with “Swap”. Once Metmask is ready, head over to PancakeSwap, click “Connect Wallet” at the top and choose Metamask.

Can I mine Philcoin instead of buying it?

Binance Smart Chain has been gaining a lot of traction lately. The main motivation for this is the very low fees that it offers. I’ve seen transaction fees of 100$+ in Uniswap, and nobody wants to pay that. Ethereum 2.0 has been in the works for years now, and there is still no solution for these absurd gas fees on the Ethereum Network.

You can buy Philcoin with any decentralized crypto exchange which works on Binance Blockchain technology. Now MetaMask should pop up and ask you if you want to allow PancakeSwap to spend your BNB tokens, click confirm. Wait for the confirmation popup until it shows “Transaction Submitted”. We’ll business secrets from the bible be using Binance, but there are many other exchanges like ByBit, KuCoin, Kraken, Gate.io and MEXC that offer Altcoins. This can be done by going to the website and clicking “Sign Up.” You will be required to enter your name, email address, create a password and verify your email address.