If you want to acquire Pluton (PLU), you’ll need either Bitcoin (BTC) or Ethereum (ETH) as a trade currency. Here, We’ve analyzed Binance, a prominent cryptocurrency exchange, to help you figure out the best places to buy cryptocurrency with a credit card or bank account. Take a look and learn about the best bitcoin trading strategies.
A Quick Overview of Pluton
The Plutus crypto debit card and decentralized exchange get powered by PLU, an Ethereum token. For utilizing the debit card and for zero-fee decentralized exchange trades, PLU can get staked to receive cashback incentives and other perks.
How to create a Binance account?
Follow the instructions mentioned below to create a Binance account.
Visit Binance’s Website
In recent years, there have been several phishing cases recorded that are exact replicas of the site; as a result, it is necessary for inspecting the URL of the website. To begin, look for the ‘Secure’ certificate in your address bar, which acts as the site’s validity. Second, bookmark the official site to avoid misunderstandings in future searches when trading on the platform.
Fill in your trading details
You must fill in your information by clicking on the “Register” option in the right-hand corner of the website’s page and entering your trading information. For example, you may get required to provide your mobile phone number, or you may choose to use your email address. It is vital to use your primary email address, one you can access readily and is the most secure because you will need it to log in to your Binance account regularly.
You should also select a strong password for your email, including a mix of numbers, symbols, upper and lower case characters. A 6-digit code will get sent to the email address you entered as your account’s verification code and the registration procedure.
Allow 2FA-Two-factor authentication (Optional)
Allowing two-factor authentication after your first login will make your account more secure. Believe me when I say that setting up 2FA is critical since it protects your account from hacking.
After entering your email and password, you’ll get asked to submit a unique code each time you log in using two-factor authentication. Use the Google authenticator app, which you can get on your smartphone, to get your one-of-a-kind code.
Buying your first Bitcoin (BTC)
You can use your debit/credit card or a SWIFT money transfer from your bank account to send money to your Binance Crypto wallet account. I’ll show you how to use your credit card in this part. I strongly suggest that you buy Bitcoin first and then trade it for the right amount of Pluton (PLU).
Buying Bitcoins using a credit card is simple, but I’ll walk you through the process step by step. So you know what you’re doing.
- Activate the dropdown menu by moving your mouse cursor to the ‘Buy Crypto’ tab on the top bar. Then select a currency, such as US Dollars, and then click ‘Credit/Debit Card’ to proceed to the following stage.
- You will get directed to the next page, where you will find options to select your desired Bitcoin (Select BTC) and the amount you will need to pay to purchase your chosen Bitcoin quantity. The total amount you’ll need to spend will get calculated based on the Bitcoin quantity you’ve requested and the current market price (all fees). You can, however, choose to specify the total rate first, and then the system will calculate the order amount for you.
- Fill in your credit card information as well as your personal information. After that, click “Pay now” and wait for it to verify your information.
- If you’re making your first simplex payment, you’ll get asked to validate your email address and phone number by entering a code provided to your email or SMS. To finish the verification process, click the link in your email and enter the code you received via SMS. Click “Continue” if you’ve completed all of the steps above.
- The next step is to utilize an official document to prove identity. Click the “Submit Document” tab and upload a photo of your identification document together with your details.
Finally, your document will get accepted. It has to get reviewed by the system. You will receive an email confirming your order purchase. The purchased BTC or Ethereum gets then credited to your Binance account.
Transferring Your Cryptos to an Altcoin Exchange Bitmax
Similarly, as in the previous phases, I’ll show you how to buy Pluton (PLU) using your Binance investment. Also, keep in mind that not all cryptos can get exchanged on Binance, so we’ll need to transfer our coins to an exchange that accepts Pluton (PLU). We’re ready to switch our Bitcoins if you’ve finished similar formalities as we did with Binance.
Deposit BTC to Exchange
If you’ve opened a new trading account on one of the Pluton (PLU)-trading exchanges, you’ll need to move your BTC from Binance to that exchange. That will require the use of a wallet system.
After that, go to “My Asset” and then “Deposit” from the left-hand menu. Then choose “BTC” from the Token section and copy the “Deposit Address” that appears. You may find this method challenging, but don’t worry; it’s much easier than a bank transfer. Return to Binance if you have copied the unique BTC wallet address.
Move your cursor to “Wallet” on the right-hand side of the top bar, then click “Fiat and Spot (Deposit & Withdrawal)” in the popup that appears. Find BTC in the list and click “Withdraw” on the right.
Then paste the deposit address you copied from the other exchange and choose BTC as your transfer network. Make a note of the amount you intend to withdraw (you may click the Max button if you want all).
If you’ve completed the steps above, click the Submit button to start the withdrawal procedure. Binance may also ask for your 2FA code and require you to confirm the withdrawal by e-mail to proceed with the transaction.
That’s all you have to do now; all you have to do now is wait a brief time for the blockchain to confirm your transaction.
Trading Pluton (PLU)
You’ll have to return to Bitmax and use the Bitcoins you sent to purchase Pluton (PLU).
Under cash trading, slide your cursor over to trading and click standard.
On the left side, there will be a column to choose the “BTC” pair and type “PLU” into the search bar.
If you’ve already moved your coin, click it, and you’ll see a PLU/BTC price chart in the center of the page. The best approach to buy is to use the “Market” tab. By clicking on the percentage buttons, you can either enter in your amount or choose what percentage of your BTC deposit you want to spend on the purchase.
After you’ve double-checked everything, click “Buy PLU.” You now have your PLU!
The top of the exchanges ensures that you can sell your coins whenever you wish and that the trading fees are reasonable. It gets also advised that you register on these exchanges. Since Pluton is listed there, it provides traders who have already registered with a level of trading volume, which means you will have some fantastic trading possibilities!