How and Where to Buy PLCU (PLCU) – Detailed Guide
- What is PLCU?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy USDT with fiat money
- Step 3: Transfer USDT to an Altcoin Exchange
- Step 4: Deposit USDT to exchange
- Step 5: Trade PLCU
- Last Step: Store PLCU securely in hardware wallets
- Other useful tools for trading PLCU
- Frequently Asked Questions
- Latest News for PLCU
- PLCU Price Prediction and Price Movement
What is PLCU?
What Is PLC Ultima (PLCU)?
PLC Ultima (PLCU) is a mass-use crypto tool that aims to provide users with access to global financial infrastructure and instant payments around the world. The project combines the stability of proven business models with the innovative approach of blockchain technology, bridging the gap between the crypto industry and the traditional form of business.
PLCU was introduced to the crypto community in December 2021. The PLC Ultima blockchain is based on the Litecoin blockchain, which is known for its stability, transparency and high transaction speed. The large-scale infrastructure project is based on minting technology, where users have the opportunity to receive passive income if they have a smartphone and stable internet connection.
The global mission of PLC Ultima is to improve the standard of living of all people, regardless of their location, level of education or experience. How: by opening access to financial instruments and introducing everyone to the crypto world, turning cryptocurrency into a universal means of payment.
PLC Ultima has its own philosophy, its own forecasts and its own vision. PLCU plans to become a mass market cryptocurrency with one of the largest user bases. Among the distinguishing features of the project are POS terminals (they look like cash registers for buying goods using cryptocurrency), crypto cards (this tool is similar to bank cards, but all transactions take place in cryptocurrency) and vending machines (allow you to buy / sell in crypto without seller involvement).
The PLCU ecosystem was formed in 2016, and it includes a crowdfunding platform based on minting and blockchain, a marketplace for buying and selling cryptocurrencies, and a payment system that is still under development. As for April 2022, more than 1,000,000 people use PLC Ultima products in 120 countries.
Who Are the Founders of PLC Ultima?
The core PLC Ultima team was formed in 2016. CEO and co-founder is Alex Reinhardt, a serial entrepreneur, venture capital investor and economist. At PLC Ultima, he’s responsible for innovative solutions and their promotion in the global market.
Alex Reinhardt worked at the Humboldt University of Berlin, interacting with startups, as well as launching crypto projects in the global blockchain market since 2016.
Alex Reinhardt is a well-known business coach, his book is scheduled for release in 2022.
What Makes PLC Ultima Unique?
PLC Ultima uses minting technology, providing a stable source for creating real passive income. According to the project, minting is a more environmentally friendly and energy-saving way of cryptocurrency mining, while PLC Ultima minting is also a way to distribute rewards between users. Minting works similarly to the process of storing funds in a bank account, where a user himself decides how many coins to freeze and for what period (1-3 years). After the set period, users receive the unfrozen coins along with the mined ones.
To generate passive income with PLCU, you need to: install Ultima Wallet, download the Ultima Farm app (it's free), buy one or more Ultima Minter digital certificates, start mining, freeze some number of existing coins in your wallet for a certain time. A smart contract between PLC Ultima and a user, concluded at the start of mining, guarantees the security of operations and payments.
PLC Ultima products include:
Ultima Wallet. It has advanced functionality and is responsible for processing transactions. Wallet connects directly to nodes. Supported on Android and iOS devices.
Ultima Farm. Smartphone app where users can create new coins. PLCU tokens are minted automatically, and the number of minted coins depends on the number of tokens stored in a user's wallet.
Platin Hero. A crowdfunding project that combines minting and blockchain. With Platin Hero, sponsors are rewarded for donating funds.
Platin Pay. A blockchain-based payment system that expands the boundaries of the PLC Ultima ecosystem and makes the use of PLCU tokens simple and convenient. Payment service provider Platin Pay accepts both BTC and other cryptocurrencies.
POS terminal. Cryptocurrency terminals are installed in stores around the world, they allow sellers to receive payment for goods in cryptocurrency.
Related Pages:
Read about Litecoin (LTC).
The latest data about Bitcoin (BTC).
Check out CMC Alexandria for the latest cryptocurrency news and educational deep dives.
What is minting? Click here and find out.
Have a look at our glossary — the most important blockchain and cryptocurrency terms are collected here.
How Many PLC Ultima (PLCU) Coins Are There in Circulation?
$PLCU was created as a token for everyday use with a maximum supply of 11,000,000 coins. PLC Ultima does not compete with its users for liquidity, but instead burns 100% of its coins. The company also freezes 50% for 1 year, and 30% is stored in users' wallets without participating in farming.
Due to the slowdown in the production rate and the decrease in the number of farms, the production of coins diminishes every month, which benefits the relationship of the community with PLC Ultima and contributes to price stability.
By withdrawing coins from circulation, PLC Ultima pursues the following goals:
A gradual decrease in the volume of cryptocurrency on the market, which leads to the formation of a deficit, which has a positive effect on PLCU rate;
And additional protection of the network from spam.
PLC Ultima claims that burning coins is a transparent and safe solution. As for the PLC Ultima blockchain, it burns 1% of each transaction.
How Is the PLC Ultima Network Secured?
PLC Ultima approaches the issue of network security with great responsibility, taking complex decisions, such as:
Reliable blockchain. The PLC Ultima team chose Litecoin (LTC) as the basis, for it claims that it is a flexible, fast, secure and rapidly evolving blockchain that combines stability, attack resistance and support for segregated witness and atomic transactions.
Hash function. CryptoNight is a hash function of the Ultima PLC project. This option eliminates the use of third-party software for mining and attacks, and at the same time guarantees block protection, excluding the use of specialized mining equipment.
Encryption on mobile devices. The use of hacking tools becomes impossible due to the 6-digit PIN code and the modified wallet encryption algorithm on the devices. An additional layer of security is provided with the option of fingerprint or Face ID access.
On top of that, smart contracts between users and Ultima PLC guarantees the transfer of coins to a user's wallet, but only if all the conditions of the platform are met. At the same time, smart contracts are stored on the blockchain and can be checked/viewed at any time.
Where Can You Buy PLC Ultima (PLCU)?
As of April 2022, PLC Ultima (PLCU) can be purchased on cryptocurrency exchanges, including: LBank, Coinsbit and Bibox. Moreover, PLCU uses its own coin generation technology called minting, an alternative to mining.
Want to keep track of PLC Ultima (PLCU) prices live? Download the CMC mobile app.
Check the best tools for minting NFTs.
PLCU was first tradable on 9th Feb, 2022. It has a total supply of 1,111,760.02,314,088. As of right now PLCU has a market capitalization of USD $unknown. The current price of PLCU is $346.44 and is ranked 6630 on Coinmarketcap and has recently surged 28.80 percent at the time of writing.
PLCU has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying USDT from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy PLCU.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, USDT (USDT). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.
Select Fiat-to-Crypto Exchange for details:
- UpHold
Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:
- Easy to buy and trade among multiple assets, more than 50 and still adding
- Currently more than 7M users worldwide
- You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
- Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
- No hidden fees and any other account fees
- There are limited buy/sell orders for more advanced users
- You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
- USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.
You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.
Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.
Step 2: Buy USDT with fiat money
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.
Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose USDT, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.
Step 3: Transfer USDT to an Altcoin Exchange
- Gate.io
But we are not done yet, since PLCU is an altcoin we need to transfer our USDT to an exchange that PLCU can be traded, here we will use Gate.io as our exchange. Gate.io is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. Use the link below to register your new account.
Gate.io is an American cryptocurrency exchange that launched 2017. As the exchange is American, US-investors can of course trade here and we recommend US traders to sign up on this exchange. The exchange is available both in English and Chinese (the latter being very helpful for Chinese investors). Gate.io’s main selling factor is their wide selection of trading pairs. You can find most of the new altcoins here. Gate.io also demonstrates an impressive trading volume. It is almost every day one of the top 20 exchanges with the highest trading volume. The trading volume amounts to approx. USD 100 million on a daily basis. The top 10 trading pairs on Gate.io in terms of trading volume usually have USDT (Tether) as one part of the pair. So, to summarize the foregoing, Gate.io’s vast number of trading pairs and its extraordinary liquidity are both very impressive aspects of this exchange.
After going through a similar process as we've done before with UpHold, you will be advised to set up 2FA authentication as well, finish it as it adds extra security to your account.
Step 4: Deposit USDT to exchange
Depends on the policies of the exchange you might be required to go through another KYC process, this should usually take you from 30 minutes to possibly a few days maximum. Though the process should be straight-forward and easy to follow. Once you're done with it you should have full access to your exchange wallet.
If this is your first time making a crypto deposit, the screen here may look a bit scary. But don't worry, it's basically simpler than making a bank transfer. At the box on the right, you will see a string of random numbers saying 'USDT address', this is a unique public address of your USDT wallet at Gate.io and you can receive USDT by giving this address to the person to send you the funds. Since we are now transferring our previously bought USDT on UpHold to this wallet, click on 'Copy Address' or right-click on the full address and click copy to grab this address to your clipboard.
Now head back to UpHold, go to the Transact screen and click on USDT on the "From" field, choose the amount you wan to send and on the "To" field choose USDT under "Crypto Network", then click "Preview withdraw".
On the next screen, paste the wallet address from your clipboard, for security consideration you should always check if both addresses are matching. It is known that there are certain computer malware that would alter the content in your clipboard into another wallet address and you will be essentially sending funds to another person.
After reviewing, click 'Confirm' to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to Gate.io!
Now go back to Gate.io and head to your exchange wallets, don't worry if you haven't seen your deposit here. It is probably still being verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the network traffic condition of the USDT network, during busy times it may take even longer.
You should receive a confirmation notification from Gate.io once your USDT has arrived. And you are now finally ready to purchase PLCU!
Step 5: Trade PLCU
Go back to Gate.io, then go to 'Exchange'. Boom! What a view! The constantly flicking figures might be a bit scary, but relax, let's get our heads around this.
In the right column there is a search bar, now make sure "USDT" is selected as we are trading USDT to altcoin pair. Click on it and type in "PLCU", you should see PLCU/USDT, select that pair and you should see a price chart of PLCU/USDT in the middle of the page.
Below there is a box with a green button that says "Buy PLCU", inside of the box, choose the "Market" tab here as that is the most straight-forward type of buying orders. You can either type in your amount or choose what portion of your USDT deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click "Buy PLCU". Voila! You have finally bought PLCU!
Last Step: Store PLCU securely in hardware wallets
Ledger Nano S
- Easy to set up and friendly interface
- Can be used on desktops and laptops
- Lightweight and Portable
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Ledger Nano X
- More powerful secure element chip (ST33) than Ledger Nano S
- Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
- Lightweight and Portable with built-in rechargeable battery
- Larger screen
- More storage space than Ledger Nano S
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your PLCU for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.
Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.
Frequently Asked Questions
Can I buy PLCU with cash?
There is no direct way to buy PLCU with cash. However, you can use marketplaces such as LocalBitcoins to first purchase USDT, and finish the rest of the steps by transferring your USDT to respective AltCoin exchanges.
LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
Are there any quick ways to buy PLCU in Europe?
Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.
Are there any alternative platforms to buy PLCU or Bitcoin with credit cards?
Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.