In this guide you’ll get information about where to buy Populous token, if you are planning to buy PPT – You’re in the right place!
Populous elevates the practice of invoice financing to the higher level by introducing the blockchain technology to the operation. It focuses on direct peer to peer mechanism, created to help SMEs (Small and Medium Enterprises) to take part in invoice financing. This is the practice where businesses can sell their (outstanding) invoices so they can get the money (mostly cash) right away. Whoever buys the invoice will become the owner, who will get their money back – and usually added with the premium once the customers pay the invoice. Invoice financing is legal and it is generally done locally to make everything easier and simpler.
However, since this platform is bringing blockchain to the regular practice, it enables such a practice to be done on a wider scale. With global coverage of invoice financing practice, the system should be better, more improved, and also more efficient.
Table of Contents
Populous (PPT) Features
- XBRL method. The eXstensible Business Reporting Language is created by this platform to analyze the credit risk. It works by applying (and also calculating) Altman Z-score within the real-time XBRL data.
- Open platform and transparent system. The data would be made available (publicly) so everyone can review it. Users can also review the complete information, such as cash on hand, current debts’ value, creditors that are due within the upcoming year, and such thing alike.
- Invoice auction model. An invoice must be approved first before it can go into auction. Everything runs automatically and digitally. Bids are placed on the platform. Those who lose the bids will get their funds back (safe and sound) in their wallets. The automatic system makes sure that transactions can run safely and users can enjoy it comfortably.
- Peer to peer interaction. Interested parties can make a direct interaction that will run conveniently and efficiently. Because of the direct manner, transactions don’t need intermediary – which means that users can enjoy inexpensive cost and faster processing.
- Two types of tokens – Poken and PPT. Poken is the one that can be exchanged with fiat. PPT is used as the collateral token.
Where to Buy, Sell and Trade Populous aka PPT
You can basically use debit card, credit card, or even PayPal to buy the Populous (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the Populous as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy the Ethereum or Bitcoin first. After you get the Ethereum or Bitcoin, you can convert it to Populous. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum or Bitcoin
- Find a crypto exchange that supports Populous currency and exchange your Ethereum or Bitcoin with the Populous
- Store your Populous to a secured wallet
Step 1: Buy Bitcoin (BTC) or Ethereum (ETH) at Coinbase
There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options.
Get $10 Bonus when you sign up for Coinbase!
- You will be asked to through the process of confirming your e-mail address as well as verifying your identity. It would be best if you went through that procedure at once to avoid any issues before putting money on the platform. Coinbase will ask for personal information such as your home phone number, your address, and proof of your identity using an official document such as a passport or a driver’s license.
- Keep in mind that Coinbase takes some time to verify your ID, but once your account is verified, things can move forward on your end. By confirming your identity, you will have better security on your account, and the people working at Coinbase will be able to help you with easy on any issue you face. You will also be able to trade larger numbers of money on your transactions as well as other perks related to the trading information the goes inside the platform.
- You can also manage your payment options. As we mentioned previously, the sites make it very easy to handle FIAT money to pay for the altcoins you want to have in your portfolio. You can check in your bank account to make direct deposits or withdrawals. While this method is excellent, it takes at least two days to verify it on Coinbase’s end. You can also register your credit cards, debit cards, and even your PayPal account in the buy/sell link located on the top menu.
That’s the first step in buying Populous, once you get your Bitcoin or Ethereum, you can continue to the next step.
Step 2: Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH with Populous:
IMPORTANT! Once you are registered to any of the above, find the BTC/PPT or ETH/PPT trading pair and then place the order to buy those pairing cryptocurrencies. Go back to COINBASE and transfer/exchange your Bitcoin/Ethereum.
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your Populous (PPT) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy Populous (PPT) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the Populous. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy Populous (PPT) with Cash?
You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.
Can I Buy Populous (PPT) with Skrill?
You can’t buy PPT directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to Populous. You can buy BTC/ETH with skrill by using these exchanges::
Can I Buy Populous (PPT) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair BTC/PPT and begin the transactions.
Can I Buy Populous (PPT) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support ETH/PPT trading pair.
What Is the Best Payment Method to Buy Populous (PPT)?
The cheapest way is to use bank account to buy Bitcoins first or to buy the Populous right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect Populous (PPT)?
Once you have purchased the Populous, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell Populous (PPT)?
Find a crypto exchange which allow pairing PPT with BTC or ETH – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine Populous (PPT) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a Populous is to buy it from a reliable exchange.
Populous can be a promising and profitable platform for those thinking about investing their money in a safe (and also modern) platform. With unique ideas, top notch technologies, and functional features, it’s easy to see the promising future of this platform. Unfortunately, the only way into to the platform is through crypto purchase, so users will have to buy Populous (PPT) to get their way in.