What is the PolyPlay Token and how it works?
PolyPlay is a form of cryptocurrency. It is an e-sport platform that is based on blockchain. This platform was created for hosting esports tournaments. These tournaments are, especially for amateur players. The PolyPlay tokens seek to aid the players in achieving the professionalism that is required for changing the gaming lifestyle.
The PolyPlay is indeed the transparent platform that uses blockchain technology. This platform provides excellent service in the whole industry. However, one has to note that only when they invest for the long term, they would be able to make maximum profit.
The main objective of the PolyPlay token is of hosting the tournaments as mentioned above. The team would offer a launchpad, staking services, and tournaments in the upcoming days. In addition, it also helps to build professionalism. People can make up huge money from these tournaments provided they use their skills and intelligence.
The most crucial skill required when one enters this industry is researching skill. If one is good at researching then there are high chances for that person to get maximum profit.
For every transaction on this platform, a tax of around 6% would be incurred. This six percent can be further broken into 3 other divisions. So, 2 percent of it is the tournament fees. Another 2% is for the overhead and 2% is for the marketing. This was the breakdown of the total tax incurred.
Both the expert and the novice have an equal opportunity to win an amount of around $5000 who participates in the e-sport tournament. The players would also be able to win several rewards. All that is required for the players is to purchase, hold and then play.
The tournament is conducted based on different factors. The 3 different tiers will be entirely based on the skills that the players possess. The PolyPlay platform hosts 4 games that include LOL, FIFA, and CS: GO, and DOTA2. These games would be streamed on different platforms.
Interestingly, the players would also be getting an opportunity for owning the NFTs CARD of the game.
PolyPlay Token details
The price of PolyPlay tokens as we speak has risen to USD 11.45 (United States Dollar) with around 24 hours trading volume of USD 8,162,957. The price of PolyPlay has risen to around 9.60 percent in the last twenty-four hours. PolyPlay has been ranked as #2677 on CoinMarketCap. The maximum supply of PolyPlay coins is around 1,000,000. The funding of PolyPlay includes $0.40/token for private sale.
Presently, the main objective of PolyPlay is of hosting the tournaments. These E-sports tournaments are for amateur players or more professional players to be specific. The best exchanges, as per the recommendation currently includes PancakeSwap(V2) and CoinTiger for the trading in the tokens of PolyPlay.
How to buy PolyPlay coins
After knowing all about the PolyPlay tokens, you would indeed wish to know about the process of buying these PolyPlay coins. Well, we have hot you covered in that case. Below is a detailed step-by-step elaboration that one is supposed to follow for buying the PolyPlay coins. So, continue reading further.
Register on the exchange platform
Firstly you have to choose suitable exchange. At the outset, the individuals are required to purchase the cryptocurrency. The recommended cryptocurrency in the case of PolyPlay is USD T. This is the first step that is mandatory to be followed. Only when you buy the major cryptocurrency you would be able to purchase the PolyPlay coins. However, it is entirely the choice of the user to decide which cryptocurrency they wish to buy.
Buy the USD T through the fiat money
Once the process of registration is completed, and then comes the next stage. Here, the users will have to complete their KYC process before proceeding further. Then they would be required to add the bank details so to make it easy for the transactions to happen. One can either add their bank account or the debit/credit card as well.
Transfer the USD T to the Altcoin Exchange
The process is not yet completed. The next step is to convert this USD T into PolyPlay coins. After, this stage is completed; the players would be taken into a screen where all the values will be displayed of different currencies. Well, this is the playtime. You will have to use your intelligence and invest wisely.
Deposit the USD T to the exchange
Well, now is the time for you to deposit the USD T to the exchange. You can then start trading your coins and invest them. This is the most interesting and crucial stage. One has to be extremely confident about every decision one makes.
Trade the coins
Everyone must be very well aware of this final stage as most of the confusion lies about the initial stages. The individuals would be able to trade their coins with various currencies. This is where they have to be fully attentive and clear. They would also be required to have a patient mind while investing anywhere as otherwise the chances of losing your money increase along with your chances to make wrong decisions.
By following the steps mentioned above, you would be able to buy the PolyPlay coins. In addition, the steps also include the process of trading these coins in a nutshell. We hope by now you have got a clear understanding of how to buy PolyPlay coins.