Have you been searching for how to buy pillar cryptocurrency?
When it comes to buying crypto, there are a lot of factors that come into play, such as location and rules that guide some companies. However, you can still buy Pillar on Coinbase Wallet and other websites that will be listed in this article.
What Is Pillar (PLR)?
Pillar is a wallet that is open-source and community-run and acts as a doorway to DeFi and NFTs. The platform seeks to provide consumers with a single location where they can access tokens, decentralized applications (dApps), NFTs, and DeFi services.
With Pillar, you can have access to Polygon, Ethereum, and Binance smart chain. PLR is the native token of Pillar and PLR serves as a governance token.
History of Pillar (PLR)
Pillar was founded by Micheal Messele who has over 20 years of experience in the financial services industry and has also established a variety of services and solutions.
Pillar is organized into three core groups: DAO, Foundation board, and Pillar team. Presently, the team aims at venturing into the NFT space to discover an innovative method of creating revenue flow for the DAO.
How To Buy Pillar Cryptocurrency
To buy Pillar (PLR) cryptocurrency, you will need to follow these steps:
1. Find a cryptocurrency exchange
Not all cryptocurrency exchanges support the purchase of Pillar so you need to find a cryptocurrency exchange that supports buying Pillar. Some of these exchanges include Coinbase, Binance, Upbit, etc.
2. Sign up on the account
After knowing what platform you’re choosing, the next thing to do is sign up on the platform. You should also complete the verification process that might require you to provide personal information and also identification documents such as a voter’s card, international passport, or identification card.
3. Set up a digital wallet
To store your Pillar (PLR) you should set up a digital wallet for that purpose. There are various digital wallets such as Hardware wallets, Mobile wallets, Online wallets, and others that you can choose from.
4. Deposit funds into your account
The next thing is to deposit funds into your account through the different payments available in that regard. Once your account has been funded, you can now buy your Pillar (PLR).
5. Confirm the details of your order
After you’ve confirmed your order and are sure that there are no mistakes, you can submit it. After submission and order confirmation, your Pillar (PLR) will be credited to your digital wallet.
It’s important to note that the process of buying cryptocurrency can vary depending on the exchange and the specific steps required. Make sure to carefully read the instructions and terms of service on the exchange before making a purchase.
How to buy pillar Cryptocurrency on Binance
Binance is one of the best places to buy pillar cryptocurrency.
To buy Pillar (PLR) cryptocurrency on Binance, you will need to follow these steps:
1. Sign up on the Binance website.
To buy cryptocurrency on Binance, you will need to sign up for an account on the Binance website. You will also need to provide your email address and create a password.
2. Complete the verification process.
You will be required to verify your identity by filling in some of your basic information and submitting identification documents.
3. Set up two-factor authentication (2FA)
For additional security, you will need to set up two-factor authentication. This will require you to use a mobile app or device to generate a code whenever you log in to your Binance account.
4. Deposit funds into your Binance account.
You can do this by going to the “Funds” tab and selecting “Deposits.” Binance supports a variety of payment methods, including bank transfers and credit/debit card payments.
Once your account is funded, you can place an order to buy Pillar (PLR). On the Binance trading platform, go to the “Exchange” tab and search for “PLR.” Select the “PLR/BTC” or “PLR/ETH” trading pair, depending on which cryptocurrency you want to use to buy Pillar.
On the trading page, you can specify the amount of Pillar you want to buy and the price you are willing to pay.
Review the details of your order and submit it. Once your order is filled, your Pillar (PLR) will be credited to your Binance account.
It’s important to note that the process of buying cryptocurrency on Binance can vary depending on the specific steps required. Make sure to carefully read the instructions and terms of service on the exchange before making a purchase.
How to buy Pillar using Coinbase wallet:
1. Download Coinbase Wallet
The first step in buying Pillar on the Coinbase wallet is by downloading the coinbase wallet on your mobile app.
2. Pick a preferred Coinbase Wallet username
For other Coinbase wallet users to easily send you cryptocurrency, you need to have a username – this will be your means of identification on the app.
You can keep your username private, but it is compulsory to have one.
3. Securely store your recovery phrase
After the creation of your account, Coinbase will provide you with 12 random words which will serve as your recovery phrase.
This is your access code to your crypto, therefore do not share it with anyone. If you will not remember it easily, you can write it down or save it as a contact on your phone. You can as well save it using Coinbase Wallet’s cloud backup feature. And if you lose your recovery phrase, Coinbase cannot help you access your wallet.
4. Buy and transfer ETH to Coinbase Wallet
You can now buy and transfer Ethereum using your Coinbase wallet.
5. Convert your ETH to buy Pillar in the trade tab
Click on the “Swap” icon in the Assets tab, then select “Choose asset” and pick Pillar.
Once your Ethereum has been added to your wallet, you can swap your ETH for Pillar and input the amount of ETH you’d like to exchange for Pillar.
How to buy Pillar cryptocurrency on Upbit
1. Sign up on the Upbit app
To begin buying cryptocurrency on Upbit, you first need to sign up on the Upbit website. You will need to provide your email address, create a password, and put in some basic information.
2. Complete the verification process.
Before you can start trading on Upbit, you need to verify your identity by submitting some identification documents.
3. Set up two-factor authentication (2FA)
For added security, a code will be generated through your mobile app whenever you want to log in to your Upbit account.
4. Deposit funds into your Upbit account.
You can do this by going to the “Balances” tab and selecting “Deposits.” Upbit supports a variety of payment methods, including bank transfers and credit/debit card payments.
Once your account is funded, you can place an order to buy cryptocurrency. On the Upbit trading platform, you can search for the cryptocurrency you want to buy and select the trading pair you want to use.
On the trading page, you can specify the amount of cryptocurrency you want to buy and the price you are willing to pay. You can also choose between a limit order (which allows you to set the maximum price you are willing to pay) or a market order (which will buy the cryptocurrency at the best available price).
Review the details of your order and submit it. Once your order is filled, the cryptocurrency will be credited to your Upbit account.
How much is 1 PLR in different currencies?
PLR/USD (US Dollar)
$0.0052
PLR/CAD (Canadian Dollar)
CA$0.0070
PLR/GBP (British Pound)
£0.0043
PLR/JPY (Japanese Yen)
¥0.69
PLR/INR (Indian Rupee)
₹0.43
PLR/BRL (Brazilian Real)
R$0.0275
PLR/EUR (Euro)
€0.0049
PLR/NGN (Nigerian Naira)
NGN 2.33
PLR/KRW (South Korean Won)
₩6.63
PLR/SGD (Singapore Dollar)
SGD 0.0070
Conclusion
The current price is NGN 2.33 per PLR. Pillar is 99.72% below the all-time high of NGN 817.33. How to buy pillar cryptocurrency has been explained in this article. All you need to do is get started.
