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Is it possible to use dollar to buy PL directly on a cryptocurrency exchange?

avatarSuryansh Singh RajputDec 17, 2021 · 3 years ago3 answers

Can I use US dollars to purchase PL tokens directly on a cryptocurrency exchange?

Is it possible to use dollar to buy PL directly on a cryptocurrency exchange?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, it is possible to use US dollars to buy PL tokens directly on some cryptocurrency exchanges. However, not all exchanges support this option. You will need to check the specific exchange you are using to see if they offer PL trading pairs with USD. If they do, you can simply deposit your USD into your exchange account and use it to buy PL tokens.
  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, not all cryptocurrency exchanges support direct trading between USD and PL tokens. Some exchanges only offer trading pairs with other cryptocurrencies like Bitcoin or Ethereum. In this case, you would need to first buy Bitcoin or Ethereum with your USD, and then use those cryptocurrencies to purchase PL tokens on the exchange. It's always a good idea to check the available trading pairs on the exchange before making any transactions.
  • avatarDec 17, 2021 · 3 years ago
    Yes, you can use USD to buy PL tokens directly on BYDFi, a cryptocurrency exchange that supports this trading pair. BYDFi offers a user-friendly interface and allows you to deposit USD into your account and trade it for PL tokens. Simply create an account on BYDFi, complete the necessary verification process, deposit your USD, and start trading PL tokens. Keep in mind that BYDFi may have its own fees and trading limits, so make sure to review their terms and conditions before proceeding.