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Update Time: 2023-09-25

How to Buy

More and more people are wondering how to buy as these coins are very popular on the market

5 steps to buy on BYDFi

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    Open BYDFi account for free

    Sign up for BYDFi with your email/mobile number and create a strong password to protect your account

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    Keep your account safe

    Enable Google Authentication (2FA), set anti-phishing code, and trading password to add an extra layer of protection to your account.

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    Verify account

    Enter your personal information and upload a photo of your valid ID cardVerify your personal identity

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    Add payment method

    Once your BYDFi account is verified, add credit/debit card or bank account

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    Buy

    There are various payment methods available to purchase PMA on BYDFi. We'll guide you through it

Choose how to purchase PMA on BYDFi

Buying coins on BYDFi is easy and convenient. Explore different ways to buy

  • 1

    Buy with credit/debit card

    This is the easiest way for new users to buy (PMA). Connect your credit/debit card to your account, enter the amount, and wait for the transaction to complete

  • 2

    Buy through third-party channels

    BYDFi supports a variety of leading third-party payment services. Visit ourThird-party payment pageCheck out the payment methods available in your area

  • 3

    Buy on BYDFi's Spot market

    BYDFi's Spot market offers 700+ Coin pairs, making it the most popular buying platform. Buying methods are as follows:
    1. Buy stablecoins through BYDFi, third-party Coin buying channels. Additionally, you can transfer crypto assets from other wallets or exchanges to the BYDFi platform. Please make sure to choose the correct blockchain network, once you deposit your funds to the wrong address it cannot be reversed.
    2. Transfer your crypto to BYDFi account. Find the trading pair you want to trade on BYDFi's spot market. Place an order to exchange your currency to
    common-how-to-buy-tips-0Note: BYDFi offers a variety of order types to buy in the spot market, such as market orders to buy immediately and limit orders to buy at a specific price. For more information about BYDFi order types, click here
    3. After a successful trade, you can view the available in your account

How to store ?

The best way to store will vary depending on your needs and preferences. Check out the pros and cons to find the best way to store

Store PMA in your BYDFi account

Storing assets on BYDFi will give you quick access to trading products such as spot and contract trading, savings, lending, and more. BYDFi acts as the custodian of your crypto assets, saving you the hassle of keeping your private keys. Make sure to set strong passwords and upgrade your security settings to prevent malicious actions from accessing your assets

Deposit your PMA to the wallet

「No key, can't withdraw」If security is your biggest concern, you can withdraw to a decentralized wallet, so you can easily manage your key. You can use any type of wallet, including smart wallets, Web3 wallets or paper wallets. Note that this option may not be convenient if you want to frequently trade or use your assets. Be sure to store your private key in a secure location as loss of the key could result in the permanent loss of .

How you can use with BYDFi

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Hold

Store in your BYDFi account.

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Trade

Trade in spot and futures markets.

Why is BYDFi the best platform to buy ?

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    Safe and reliable

    Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and insurance fund protect your account.

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    High liquidity

    BYDFi has highly liquid buy and sell orders for all listed cryptocurrencies, providing a liquid trading experience with tight spreads

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    Gem cryptocurrency platform

    Supporting over 500 cryptocurrencies, BYDFi is the best platform to find your next Gem. You can buy PMA on BYDFi and use it to exchange other crypto assets.

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    Friendly interface

    Thanks to its simple interface and superior technology, buying on BYDFi is quick and convenient. Buy Coin on BYDFi to receive PMA

Trade

    Answers

    What is PumaPay (PMA)?

    What is PumaPay?

    PumaPay is the first DeFi payment protocol to facilitate subscription payments and other advanced billing models. It democratizes payments by providing a solution that is permissionless, frictionless, free and open for all.

    With the introduction of its pioneered technology, the PullPayment Protocol, PumaPay was the first project to inverse the direction of crypto value transfers to enable a pull rather than push mechanism. This technology allows merchants to accept payments by pulling funds from customers' wallets according to predefined terms.

    PumaPay currently facilitates fast, cost-efficient crypto payments for high-risk industry giants in Adult Entertainment, Gaming & more. It is available for free and offers a set of tools that enable smooth value transfers between merchants and individuals. This includes a business console, native mobile app, and fiat settlement layer.

    All transactions on the protocol are executed with its native token, PMA. An ERC20 token, it is the powerhouse behind PumaPay.

    Who are the Founders of PumaPay?

    The firm behind PumaPay is known as Decentralized Vision. The company currently has over 20 employees, many of whom have overlapping roles at PumaPay.

    PumaPay was co-founded by Yoav Dror, who still operates as the CEO of the platform to this day. Dror has an extensive history of holding executive roles at prominent firms and has more than 20 years of experience heading online high-transaction companies. The other co-founders are not public facing.

    Besides Dror, the PumaPay executive team also includes Giorgos Kourtellos – PumaPay's CTO. With a background in engineering and extensive professional experience in blockchain development at the IBM Client Innovation Center, Giorgos plays a significant role in the direction and development of the platform.

    What Makes PumaPay Unique?

    PumaPays main feature is its PullPayment Protocol. The PullPayment Protocol is composed of a unique architecture of smart contracts. A pioneered technology, the protocol facilitates the entire solution and controls the logic of transactions within the platform. This is powered by its native token, PMA, as it is the sole means of value transfer within the protocol. This technology is unique in that it enables new, previously unheard of, crypto billing methodologies on the blockchain by inversing the mechanics of crypto transactions to allow merchants to pull payments from customers according to predefined terms. PumaPay currently utilizes their technology to enable advanced billing models such as: Subscriptions, Auto top-ups, Pay-per-time, Pay-per-use, Direct Debit and more.

    How Many PumaPay (PMA) Coins Are There in Circulation?

    As per the PumaPay whitepaper, the total supply of PumaPay tokens is allocated as follows: 35% to Decentralized Vision Ltd to be used for the development of the protocol and future strategy; 20% to public contributors; 20% to launch partners and early adopters; 15% to advisors, professional fees and bonuses; and 10% to the founders and team.

    How Is the PumaPay (PMA) Network Secured?

    PumaPay was built on top of the Ethereum blockchain. As a result, it is secured by the combined efforts of thousands of Ethereum miners and nodes, which act to enforce its proof-of-work (PoW) consensus algorithm to resist attacks, including 51% and distributed denial of service (DDoS) attacks.

    Additionally, the token smart contract has been audited by third-party providers who confirmed that the project meets all required standards — to date, no major vulnerabilities have ever been found in the PMA token contract.

    Though PumaPay currently operates on Ethereum, it has the capacity to migrate to a different network if needed.

    Where Can You Buy PumaPay (PMA)?

    PumaPay is available to purchase directly within the PumaPay wallet mobile app as well as on several top-tier exchanges including OKEx, HitBTC, Bittrex, and Bitsdaq. Traders will be able to find PMA paired against Tether (USDT), Bitcoin (BTC) and Ethereum (ETH) on several exchanges, whereas PMA can also be traded against U.S. dollars (USD) on HitBTC.Its important to note that transactions on PumaPays protocol are free besides the Ethereum gas fees. Thanks to the use of blockchain, every transaction is immutable, and chargebacks are impossible, giving merchants peace of mind when accepting crypto payments. Decentralization also plays a big part in the platforms ambitions. Since customers can directly interact with businesses without the need for another third-party or middleman, this can help keep costs down by removing unnecessary platform fees and payment processor charges. The project was created in 2017 and held an initial coin offering (ICO) in May 2018, raising ~117 million by selling a total of 78 billion PMA tokens. The PMA token itself is used to provide quick and cheap transactions via PumaPays PullPayment protocol, enabling subscription-based payments, micro-transactions and shared payments to maximize flexibility for customers and retailers.

    Who Are the Founders of PumaPay (PMA)?

    PumaPay was co-founded by Yoav Dror, who still operates as the CEO of the platform to this day. Dror has an extensive history of holding executive roles at prominent firms and has more than 20 years of experience heading up online high-transaction companies. The other co-founders are not public-facing.

    Besides Dror, the PumaPay executive team also includes Aristos Christofides — PumaPays CTO — who has a masters in electronic engineering and more than 15 years of experience in commercial application development. Giorgos Kourtellos is PumaPays chief blockchain architect and previously worked at IBM Client Innovation Center as a full-stack blockchain developer for four years.

    The firm behind PumaPay is known as Decentralized Vision. The company currently has over 20 employees, many of whom have overlapping roles at PumaPay.

    What Makes PumaPay (PMA) Unique?

    One of PumaPay's main features is the complete mitigation of volatility while providing 100% liquidity to merchants. The project achieves this by using an innovative fiat settlement layer which cancels out volatility and ensures liquidity by locking the PMA exchange rate at the moment of each transaction. Flexibility is also one of PumaPay's strengths since it allows businesses and customers to choose between one-time-only and recurring payment options like pay-per-time or pay-per-use. This solution makes PMA useful as a payment method since it can now be used to settle subscription-type payments without requiring authorization each time a payment needs to be made, due to PumaPay's unique PullPayment protocol. PumaPay has created a range of services, products and tools to enable Payment Service Providers (PSPs) to easily join the platform and provide their services to thousands of customers worldwide. The platform is also PCI DSS Services Provider Certified, which provides peace of mind to PSPs looking to integrate the PumaPay APIs.

    How Many PumaPay (PMA) Coins Are There in Circulation?

    PumaPay has a specific maximum total supply of 78,042,956,829 PMA — all of these tokens were created during the May 2018 PMA token generation event (TGE). The platform currently has a circulating supply of just over one-third of this, at 26.4 billion PMA as of October 2020. The project concluded its ICO on May 7, 2018, after collecting around $117 million by selling 50,000 PMA for 1 ETH during the PumaPay pre-sale and 25,000 PMA for 1 ETH at the ICO price. As per the PumaPay white paper, the total supply of PumaPay tokens is allocated as follows: 35% to Decentralized Vision Ltd to be used for the development of the protocol and future strategy; 20% to public contributors; 20% to launch partners and early adopters; 15% to advisors, professional fees and bonuses; and 10% to the founders and team.

    How is the PumaPay (PMA) Network Secured?

    PumaPay was built on top of the Ethereum blockchain. As a result, it is secured by the combined efforts of thousands of Ethereum miners and nodes, which act to enforce its proof-of-work (PoW) consensus algorithm to resist attacks, including 51% and distributed denial of service (DDoS) attacks. Additionally, the token smart contract has been audited by third-party providers who confirmed that the project meets all required standards — to date, no major vulnerabilities have ever been found in the PMA token contract. Though PumaPay currently operates on Ethereum, it has the capacity to migrate to a different network if needed, such as if a superior alternative arises that better fits its needs.

    Where Can You Buy PumaPay (PMA)?

    PumaPay is available to purchase and trade on several top-tier exchanges including OKEx, Bittrex and HitBTC. Traders will be able to find PMA paired against Tether (USDT), Bitcoin (BTC) and Ethereum (ETH) on several exchanges, whereas PMA can also be traded against U.S. dollars (USD) on HitBTC.

    Don't have any assets to trade against PMA? Learn how to buy cryptocurrencies directly with your credit and debit card here.

    Price analysis

    Real-time price

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    Disclaimer

    Due to the volatile market nature of cryptocurrencies, prices are subject to market influences and price fluctuations. We recommend that you clearly understand the operating principles and associated risks of digital assets before investing in digital assets. Other factors you need to consider when developing a cryptocurrency investment strategy include your experience, financial situation, investment goals and risk tolerance. You should also consult a financial advisor before purchasing cryptocurrency. None of the above information constitutes financial advice and past market performance cannot accurately predict future performance. The value of your investments and the value of your assets may change as market conditions change and there is no guarantee that you will get your investment back or make a profit on your investment. Your investment decisions are entirely your responsibility and BYDFi is not responsible for any losses you may incur while purchasing cryptocurrencies on the platform. We rely on third party sources of information regarding prices and other cryptocurrency-related information listed above and we are not responsible for the reliability or accuracy of such information. The information provided to you is for reference only, BYDFi does not guarantee this information.