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How to Buy POOH Coin? A Step-by-Step Guide
How to Buy POOH Coin? Quick Take
- Step 1: Register on crypto exchange
- Step 2: Buy ETH
- Step 3: Use your ETH to buy POOH
What is POOH Coin?
POOH launched stealth with no presale, zero taxes, 95% LP burnt and contract renounced. It’s time for the most recognizable bear in the world to claim his rightful position on the charts at the start of a life changing bull market.
POOH is a decentralized community movement. Leaders from various online communities will allocate resources toward the development of POOH’s future. Anyone with skills or time can contribute as part of a group or on their own to help advance POOH.
95% of POOH’s total supply is locked in Uniswap and keys are burnt! 5% is allocated for centralized exchange listings. The mission is for POOH to grow, survive and develop organically. Everyone gets an equal chance to own POOH.
POOH was first tradable on 2nd May, 2023. It has a total supply of 420,690,000,000,000 POOH. At the time of writing, POOH coin is trading at $0.00000009331 with a market capitalization of $42,971,400, ranking #2629 amongst all cryptocurrencies by that metric. In the past 24 hours, the price of POOH has plunged by 24.91% with a trading volume of $27,589,965.
POOH has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Ethereum from your preferred crypto exchanges and then transfer to the exchange that offers to trade POOH coin, in this guide article we will walk you through in detail the steps to buy POOH.
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How to Buy POOH Coin? A Step-by-Step Guide
Step 1: Register on crypto exchange
You will have to first buy one of the major cryptocurrencies, in this case, Ethereum (ETH). One popular and reliable exchange for you to buy ETH is BTCC, which witnesses a large trading volume of the ETH.
Being one of the most secure and convenient crypto trading exchange, BTCC has the following advantages:
- Safe & Secure
BTCC places strong emphasis on security, offering multiple strict measures to ensure the safety of user assets, with no reported hacks or security breaches to date.
- High Liquidity & Volume
One of the largest crypto futures exchange by volume and open interest, dominating the derivatives sector with huge market share.
- High Leverage for Crypto Futures Trading
BTCC offers a wide range of popular trading pairs such as BTC/USDT, ETH/USDT, ADA/USDT with high leverage up to 100x.
- User-Friendly
Simple user-friendly interface and intuitive trading platform, ideal for both beginners and advanced users. It also offers a range of educational resources and market updates to help users expand their understanding of the crypto and trade more easily.
- One-Stop Trading Platform
Apart from large crypto selection, BTCC also supports tokenized futures, allowing users to trade stocks and commodities futures with USDT. With the integration of spot and futures markets, BTCC offers a complete ecosystem to fully utilize crypto/stock/commodity assets and manage portfolio risks.
Step 2: Buy ETH
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.
Now you are all set, on the ‘Transact’ screen under the ‘From’ field, select your fiat currency, and then on the ‘To’ field choose Ethereum, click preview to review your transaction and the click confirm if everything looks good… and congrats! You’ve just made your first crypto purchase.
Step 3: Use your ETH to buy POOH
But we are not done yet, next we need to transfer our ETH to an exchange that POOH can be traded, such as Uniswap and BitMart. Here we will use BitMart as our exchange.
In the exchange’s right column there is a search bar, now make sure “ETH” is selected as we are trading ETH to altcoin pair. Click on it and type in “POOH”, you should see POOH/ETH, select that pair and you should see a price chart of POOH/ETH in the middle of the page.
Below there is a box with a green button that says “Buy POOH”, inside of the box, choose the “Market” tab here as that is the most straight-forward type of buying orders. You can either type in your amount or choose what portion of your deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click “Buy POOH”. Voila! You have finally bought POOH!
Bottom Line
POOH was added for less than three months and has a low rank at 2629 on CoinMarketCap, we predict that both price and market capitalization of this coin will be very volatile and traders should be extremely cautious while investing in POOH. It is possible that this coin can go up drastically while it is equally likely that it may go down heavily. So be careful and only invest in what you are willing to lose.
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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