What is Pulse X and Where to Buy It
How to Buy Pulse X Crypto
There are some cryptocurrencies, such as Pulse Predictions Market, that you cannot directly purchase with fiat money.
If you want to buy Pulse, you first have to purchase another cryptocurrency from any fiat-to-crypto swap and then use that crypto to buy Pulse Predictions Market.
What Is PULSE?
Pulse Prediction Market (PULSE) is an open-source decentralized application that is maintained by the community. It’s one of the ERC-20 tokens designed to provide its owners authority over the management and the future.
It is built on the NEAR protocol which makes trading on Pulse instant and costs less than a penny thus more money stays in your wallet.
The Pulse token is useful in markets based on pulse markets because it allows users to use it as a deposit for betting and liquidity provisioning.
The Pulse coin also uses Flux Protocol’s Decentralized Oracle Infrastructure to resolve markets in minutes, allowing you to get your winnings quickly.
Traders create Pulse for traders and it’s transparent, easy to use, and which may be the most important part, it puts control back to the hands of the user.
In this article, we will show you how to buy Pulse X crypto step by step.
What Is Fiat Money and How to Trade It for Cryptocurrency?
At the beginning of this article, we’ve mentioned fiat money. Let’s first explain that term.
Fiat money is a form of currency that is supported by a country’s government instead of a physical commodity or financial instrument. That includes most coin and paper currencies that are used worldwide, such as the U.S. dollar, the British pound, the Indian rupee, and the euro.
As we cannot buy Pulse X with fiat money, first we have to trade fiat money for crypto, and then we’ll use that crypto to buy Pulse.
In the first two steps of this guide, we’ll explain to you how to purchase a cryptocurrency like USDT or ETH from any fiat-to-crypto exchange, and then we will get back to where to buy Pulse X crypto.
Step 1: Register on Fiat-To-Crypto Exchange
We recommend you explore their fee policies and other feature and try both of them so you can figure out which one suits you best.
You have to sign up for one of those platforms.
Let’s start with Uphold
After you click ‘Sign Up’, you type your email address, choose a password and make sure it is a strong one, so your account could be safe, and complete the ‘Country of residence’ and ‘Citizenship’ fields.
You will get the confirmation mail. After you click on the link within, you have to import your mobile number to set up two-factor authentication, which we highly recommend.
The next step is identity verification, and after that procedure which should take up to 15 minutes, you can buy crypto.
How does it go with CoinBase?
The procedure is quite similar. First, you will create an account by writing your first and last name, email address, and password. Again, we recommend choosing a strong password so your account could be safe.
After that, you get the confirmation mail, and then you should type your mobile number to set up two-factor authentication.
Creating an account ends with identity verification and after that, you can buy cryptocurrency in the same way as at Uphold.
Step 2: Buy USDT With Fiat Money
To buy crypto, first, you have to pick a payment method. Both, Uphold and Coinbase allow you to choose between providing a credit/debit card and using a bank transfer.
When you use a credit card, your credit card company may charge you a higher fee, but you will be able to make a transaction right away. Bank transfer is cheaper, but it takes longer to deposit fiat money.
Now that you’re ready, on the ‘Transact’ screen, pick your fiat currency, and then on the ‘To’ field choose USDT, enter the amount, click preview, and if everything looks ok to you, click confirm.
Congratulations! You’ve just bought your first crypto.
Step 3: Use USDT to Buy Pulse X Crypto
If you prefer to use Coinbase and Coinbase Wallet on your smartphone, you will be able to buy Pulse X crypto right in the app.
Tap on and after that tap on the “Trade” tab. There you can exchange USDT for any token that runs on Ethereum standard (ERC-20 tokens). Select Pulse Predictions Market from the “choose coin” menu.
Fill in the amount of USDT you want to trade for PULSE, making sure to leave enough for transaction fees. Verify your purchase and complete the process by following the on-screen instructions.
Last Step: Hold PULSE Securely In Hardware Wallets
It’s true that first, you should educate yourself about basic security measures on your devices. Otherwise, nothing else matters. Don’t use obvious and short passwords. Get a password manager and make sure your password is long as a full sentence.
Even though a cloud wallet like Coinbase is an acceptable choice, a hardware wallet is still one of the best options out there. The hardware wallet is a device made specifically to securely store cryptocurrency.
They’re completely impossible to access unless you use the secure protocol to send or receive your crypto. Two preferred choices are the Ledger and the Trezor.
For example, Ledger Nano S is compatible with 64-bits desktop computer, but also compatible with Android 7+ smartphones.
When it comes to Trezor, it can be securely used via computer or mobile, too.
Whichever you choose, it is a must-have item if you value your security.
Can I Buy PULSE In Cash?
As we said before since you can’t buy Pulse Prediction Market with fiat money, it means you can’t buy it directly in cash. However, there are local marketplaces where you can first buy USDT and then complete the rest by depositing your USDT to the proper AltCoin exchanges.
Pulse Price Prediction
At the time of writing, the Pulse price is equal to 0.00456 USD. If you buy Pulse today for 100 dollars, you will receive a total of 21950.86 PULSE. Based on our forecasts, a long-term increase is expected. With a 5-year investment, the revenue is expected to be around +217.98%.