Settembre 21, 2021

PHL Crypto Asset Introduction MEXC Exchange

how to buy philcoin

It is recommended that you try both of them and figure out the one that suits you best. Philcoin’s mission is to help build a digital economy while chatting, participating in educational programs, accessing entertainment, playing video games and shopping. Our educational system and philanthropic partnerships allow everyone an equal opportunity in generating digital wealth through an BEP20 Token marked “PHL”, using Smart contracts which demonstrate a high level of a transparency and user-friendly environment. 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.

Any US-investors interested in trading here should in any event form their own opinion on any issues arising from their citizenship or residency. To buy Philcoin using USD (US Dollar) you will have to use a cryptocurrency exchange or financial service that supports funding via either your bank account or credit card. MEXC is one of the world’s leading digital-asset trading platforms and offers users one-stop services regarding digital assets with top-notch security to fully ensure the safety of each user’s assets. Philcoin has also been listed on the world’s best price-tracking sites including CoinMarketCap, CoinGecko, Binance and Crypto.com – each requiring a rigorous due diligence process proving Philcoin’s commitment to be renowned as a highly trusted and credentialed cryptocurrency. 50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels.

Get up to $600 cashback on Binance when you sign up, deposit and trade

For extra security you may even consider getting a Cryptosteel Capsule from Ledger to store your phrases securely and physically. But we are not done yet, since PHL is an altcoin we need to transfer our USDT to an exchange that PHL can be traded, here we will use BitMart as our exchange. BitMart is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs.

The world’s first and only philanthropic cryptocurrency saw its token value increase by 67% within 48 hours of its decentralized exchange listing in March. To add to its list of accolades, Philcoin announced its centralized exchange listing on MEXC Global on Thursday 22 April 2022 – a centralized exchange which recently achieved the title of ‘Best Crypto Exchange in Asia’ at the Crypto Expo held in Dubai this year. Philcoin (PHL) trading opened on BitForex on 25th, 2023. This is a huge development in the Philcoin ecosystem regarding adoption, as BitForex hosts thousands of daily traders on its platform. The token listings are made by a careful scrutiny process so that the investors get a safe trading experience.

Coinbase has both an iOS (iPhone) and Android app to manage your account, however the easiest way to create an account with them is to use their website. If you already have a Coinbase account, skip to step two. We’ve put together this quick step-by-step guide to show you how to buy Philcoin (PHL) using US Dollar.

The CoinCodex Cryptocurrency Price Tracker

An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued. Philcoin is currently trading below the 200-day simple moving average (SMA). The 200-day SMA has been signaling SELL for the last 234 days, since Sep 26, 2022. Once you have registered on Binance or the exchanges suggested above, head over to the wallet page and choose the USDT and click deposit. Copy the USDT address and head back to UpHold, withdraw your USDT to this address and wait for it to arrive, this should take around minutes depending on usage of the USDT network.

Since we are now transferring our previously bought USDT on UpHold to this wallet, click on ‘Copy Address’ or right-click on the full address and click copy to grab this address to your clipboard. Now go back to MXC and head to your exchange wallets, don’t worry if you haven’t seen your deposit here. At the box on the right, you will see a string of random numbers saying ‘USDT address’, this is a unique public address of your USDT wallet at MXC and you can receive USDT by giving this address to the person to send you the funds.

Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold. Now you are all set, on the ‘Transact’ screen under the ‘From’ field, select your fiat currency, and then on the ‘To’ field choose USDT, click preview to review your transaction and the click confirm if everything looks good… You will have to first buy one of the major cryptocurrencies, in this case, USDT (USDT). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail.

What affects the price of Philcoin?

The market capitalization of Philcoin can change significantly in a short period of time. Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Philcoin’s price action in 1-hour chunks. Each candlestick will display PHL’s opening price, closing price, as well as the highest and lowest prices that Philcoin reached within the 1-hour period.

  • After adding the network, switch to the network on MetaMask and you should be able to see your BNB balance on the Binance Smart Chain.
  • There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.
  • Since the operation procedures vary from different CEX, we can’t provide you a step-by-step guide on how to buy in all the different centralized exchanges(CEX), but we can provide you with some general  procedures.
  • Currencies that are positively correlated with Philcoin indicate that the movement of one has a statistically significant weight to lead the other in the same direction.

The price of Philcoin decreased by -95.36% in the last 1 year. To be part of the Philcoin community, users can download PHILApp from the App or Google Play stores, create their wallet and enjoy the numerous products and features available. The Philcoin price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. Otherwise you should be able to see your BNB balance here at the from field, enter the amount you would like to exchange for PHL and then on the to field, choose PHL from the dropdown, the corresponding amount of PHL should show up immediately.

If the PHL price moves above any of these averages, it is generally seen as a bullish sign for Philcoin. Conversely, a drop below an important moving average is usually a sign of weakness in the PHL market. Is also a very easy to use platform for buying Bitcoin with credit cards.

Depending on the network traffic condition of the USDT network, during busy times it may take even longer. If this is your first time making a crypto deposit, the screen here may look a bit scary. But don’t worry, it’s basically simpler than making a bank transfer. At the box on the right, you will see a string of random numbers saying ‘USDT address’, this is a unique public address of your USDT wallet at BitMart and you can receive USDT by giving this address to the person to send you the funds.

how to buy philcoin

Staking is a great way to maximize your holdings in staking coins that would otherwise be sitting in a wallet or trading account. It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. Based on multiple technical quantitative indicators, the current forecast for Philcoin in 2023 is Bearish. This could be an indication that Philcoin is a bad buy in 2023. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Philcoin or not.

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. A space where billions of dollars have been directed to projects without a purpose. Some traders try to identify candlestick patterns when making a cryptocurrency price prediction to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish. Philcoin traders use a variety of tools to try and determine the direction in which the PHL market is likely to head next.

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At the heart of Philcoin is PHILApp, a super dApp that helps grow people and communities. While users chat, connect on social media, learn, listen to music, play games, and more, they can earn and give back at the same time. Philcoin’s price today is US$0.01137, with a 24-hour trading volume of $117,578. PHL has been down 69.53 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that PHL’s price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if PHL is backed by a solid development team and whether PHL’s technology has any potential to grow.

After a short while you should be able to see your PHL balance on your MetaMask Wallet. Now you are ready to deposit your BNB to your wallet, head over to PancakeSwap, click “Connect” at the top and choose MetaMask. Limit price says you want to purchase a certain amount of Philcoin (PHL) at a specific price. If the price of PHL gets to that price your order will be processed. Remember, with how volatile the market is, there is no guarantee the price will drop to your limit price. Coinbase assumes that you are signing up for an Individual investment account so the next part of the sign up process deals with verifying your identity.

You can either scroll to PHL or type it in the “Search all assets” box. Coinbase currently does not support the purchasing of Philcoin, however don’t worry. If you already have a Coinbase account with your crypto risk management funding method setup, click here to skip to step three. It might take a few minutes to process and validate your identity, but once the process is complete you are ready to fund your Coinbase account.

Now head back to UpHold, go to the Transact screen and click on USDT on the “From” field, choose the amount you wan to send and on the “To” field choose USDT under “Crypto Network”, then click “Preview withdraw”. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on. If you want to learn how to buy more cryptocurrencies, here is our library of guides on how to buy cryptocurrency with USD. You’ve purchased Philcoin (PHL) using USD with the help of another crypto exchange.

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