How to Buy ParaSwap (PSP)
Learn all about Buy ParaSwap
ParaSwap (PSP) is the decentralized-exchange-dex-token related token that has been embraced by crypto enthusiasts and investors since its launch. It is currently ranked number 980 based on market capitalization on CoinMarketCap, with a market capitalization of 20617497 recorded at the time of writing. PSP has been gaining momentum alongside the flourishing cryptocurrency market this year. More and more people are becoming interested in ParaSwap. They wish to invest or purchase ParaSwap (PSP), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing ParaSwap. Regardless of your location, Bitrue can provide you with a simple and secure way to buy PSP.
Where and how to buy ParaSwap
When it comes to purchasing ParaSwap (PSP), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy ParaSwap in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased PSP will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy ParaSwap (PSP) through Bitrue.
Steps to Buy ParaSwap (PSP)
01Step 1 Create a Bitrue Account
- - Register through the official website, Bitrue.com.
- - Download the Bitrue App and complete the registration process.
- After successfully registering your Bitrue account, follow the security prompts on the website or app to enable Google 2FA for account dynamic verification.
02Step 2 Complete KYC Verification
Visit the identity verification page on the Bitrue official website or app, select your country or region, upload valid identification documents, and submit a selfie. Once the identity verification is successful, you will receive a notification.
03Step 3 Choose the method to Buy ParaSwap (PSP)
Buy ParaSwap through Spot Markets
- Note: Currently, the most popular ParaSwap spot trading pairs include PSP/USDT and PSP/USDC. Before purchasing ParaSwap (PSP) in the spot market, please ensure that your Bitrue wallet has a sufficient amount of cryptocurrencies (e.g. USDT, USDC). If your account does not have enough cryptocurrencies, you will need to recharge your Bitrue account.
- 1. Click on "Trade" -> "Spot" on the Bitrue official website or app.
- 2. Select ParaSwap (PSP) from the list of cryptocurrencies.
- 3. Enter the quantity of PSP you want to purchase, either at the market price or set a target price for buying ParaSwap.
- 4. Confirm the purchase order.
- 5. Transaction completed.
- If Bitrue exchange currently does not support the above methods for purchasing ParaSwap (PSP), users can only deposit PSP assets into their Bitrue accounts through a cryptocurrency wallet or choose a decentralized exchange (DEX) that supports PSP trading pairs for purchasing.
04Step 4 Successful Purchase
- The purchased ParaSwap assets are stored by default in your Bitrue cryptocurrency wallet or trading account. You can use Bitrue to trade other cryptocurrencies, stake for passive income, or withdraw it to an external ParaSwap cryptocurrency wallet.
- Note: If you have not received your ParaSwap (PSP), visit the help center or contact online customer support for assistance.
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Alternative methods to acquire ParaSwap
Apart from directly buying ParaSwap (PSP), what are the alternative methods to acquire ParaSwap ?
Fixed Auto-Investment in PSP
Regularly invest a fixed amount at scheduled intervals in ParaSwap (PSP) digital assets, enjoying both short-term returns and long-term benefits.
Staking PSP
Flexible staking of ParaSwap (PSP) digital assets to earn interest or high returns in other cryptocurrencies.
Get ParaSwap (PSP) for free
If you have enough time, you can obtain ParaSwap for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free ParaSwap (PSP).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free ParaSwap.
- All cryptocurrency airdrops and rewards can be exchanged for PSP through coin-to-coin exchange or spot trading.
How to keep your ParaSwap safe and secure
Once you have purchased ParaSwap, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store ParaSwap and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain ParaSwap wallets, you also have the option to store ParaSwap (PSP) separately in a personal encrypted wallet. This wallet serves to keep your ParaSwap secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your ParaSwap, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your ParaSwap encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
Get PSP with Bitrue
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Some market stats about PSP
Price Analysis
PSPParaSwap Price Now:
$0.02056-27%24H
ParaSwap is rising this week.
The price of ParaSwap has dropped by -14.53% in the last 7 days. It has seen a -27.26% decrease in the past 24 hours and a -24.79% decrease in just the last hour. The current price is $0.02056 per PSP. ParaSwap is increased --% from its all-time high of $--.
Sandbox Testing
Calculate the Returns on Your ParaSwap Investment
How much profit would I have if I bought $ worth of ParaSwap in ?
CalculateReturns based on the average ParaSwap price for that year. Not financial advice.
Are you planning to buy PSP
See if other users are buying PSP:
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How to buy other cryptocurrencies
There are lots of ways to buy, swap, and convert crypto. Learn more about how you can do it all using Bitrue with our how to buy crypto guide.
Other crypto similar to PSP
FAQ About Buy Crypto
How many ParaSwap are there in total?
The total supply of ParaSwap is 1,800,000,000 and the Circulating Supply is 744,976,909 .
Why are people buying ParaSwap?
People buy ParaSwap for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, ParaSwap serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing ParaSwap include investment, risk diversification, and trust in new digital assets.
Where is the preferred place to buy ParaSwap?
Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase PSP.
Should I buy ParaSwap?
Deciding whether to buy ParaSwap depends on individual financial goals, risk tolerance, and understanding of the digital asset market. ParaSwap investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying ParaSwap (PSP) may be a suitable investment choice. However, remember that all investments come with risks.
Can I use cash to buy ParaSwap?
Generally, buying ParaSwap digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.
How much does it cost to buy 10 PSP?
To purchase 10 PSP, the cost in USD would be $--.
What are the fees for buying ParaSwap?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies here.
How to use Apple Pay to buy PSP?
Currently, Bitrue does not support purchasing PSP or adding fiat currency using Apple Pay.
How to use Google Pay to buy PSP?
Currently, Bitrue does not support purchasing PSP or adding fiat currency using Google Pay.
How to use Paypal to buy PSP?
Currently, Bitrue does not support purchasing PSP or adding fiat currency using Paypal.
What can I do with ParaSwap?
You can use ParaSwap to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
How to sell my ParaSwap?
If your Bitrue wallet does not hold ParaSwap, you need to deposit PSP into your Bitrue account. If you already have PSP, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of PSP you want to sell, select the selling price, confirm the sell order, and once your PSP is successfully sold, you can withdraw funds to your set bank account or other payment methods.
Can I purchase ParaSwap (PSP) worth 1 US dollar?
In theory, ParaSwap (PSP) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for PSP is 10 US dollars.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.
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