How and Where to Buy PumaPay (PMA) – Detailed Guide
- What is PMA?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy BTC with fiat money
- Step 3: Transfer BTC to an Altcoin Exchange
- Step 4: Deposit BTC to exchange
- Step 5: Trade PMA
- Last Step: Store PMA securely in hardware wallets
- Other useful tools for trading PMA
- Frequently Asked Questions
- Latest News for PMA
- PMA Price Prediction and Price Movement
What is PMA?
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?
PumaPay’s 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:
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Subscriptions
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Auto top-ups
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Pay-per-time
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Pay-per-use
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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.
It’s important to note that transactions on PumaPay’s 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 platform’s 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 PumaPay's 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 — PumaPay’s CTO — who has a masters in electronic engineering and more than 15 years of experience in commercial application development. Giorgos Kourtellos is PumaPay’s 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.
Related Pages:
Check out Ethereum — the popular distributed computing platform.
Follow XRP — a digital asset used for cross-border payment settlements.
Stuck on a crypto term? Find out what it means at the Alexandria Crypto Glossary.
Stay on top of the latest news and updates with the CoinMarketCap blog.
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.
PMA was first tradable on 13th Aug, 2018. It has a total supply of 78,042,956,829. As of right now PMA has a market capitalization of USD $unknown. The current price of PMA is $0.000250 and is ranked 892 on Coinmarketcap and has recently surged 39.48 percent at the time of writing.
PMA 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 Bitcoin 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 PMA.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, Bitcoin (BTC). 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 BTC 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 Bitcoin, 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 BTC to an Altcoin Exchange
Select altcoin exchanges:
- OKEx
- Bittrex
- YoBit
But we are not done yet, since PMA is an altcoin we need to transfer our BTC to an exchange that PMA can be traded, here we will use OKEx as our exchange. OKEx 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.
OKEx is a crypto exchange that was previously based in Hong Kong. According to info provided directly from the exchange to us, it is now based in Malta. Malta is together with Estonia and Gibraltar one of the few countries in Europe that has clear license requirements for crypto exchanges. When Malta issued license requirements for crypto exchanges, a lot of exchanges from other parts of the world actually relocated to Malta. US-investors may not trade on this exchange. So if you are a US-investor and want to trade at OKEx, you’ll have to reconsider your choice of trading venue and choose one of the other top crypto exchanges.
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 BTC 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 'BTC address', this is a unique public address of your BTC wallet at OKEx and you can receive BTC by giving this address to the person to send you the funds. Since we are now transferring our previously bought BTC 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 BTC on the "From" field, choose the amount you wan to send and on the "To" field choose BTC 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 OKEx!
Now go back to OKEx 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 Bitcoin network, during busy times it may take even longer.
You should receive a confirmation notification from OKEx once your BTC has arrived. And you are now finally ready to purchase PMA!
Step 5: Trade PMA
Go back to OKEx, 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 "BTC" is selected as we are trading BTC to altcoin pair. Click on it and type in "PMA", you should see PMA/BTC, select that pair and you should see a price chart of PMA/BTC in the middle of the page.
Below there is a box with a green button that says "Buy PMA", 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 deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click "Buy PMA". Voila! You have finally bought PMA!
But we are not done yet, since PMA is an altcoin we need to transfer our BTC to an exchange that PMA can be traded, here we will use Bittrex as our exchange. Bittrex 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.
Bittrex is an exchange based in Seattle that started off its operations in February 2014. There were a lot fewer exchanges out there then than there is today. Bittrex still sees itself a global leader in the revolution of blockchain revolution. They refer to its platform as a platform for people who require “lightning-fast” trade execution, secure digital wallets and leading industry practices. Bittrex also work as a “Blockchain Incubator”, meaning that they – in order to promote global innovation in the business – work with teams globally to help new tokens that have the potential to transform the way goods, services and operations are managed in the world. Bittrex is one of the more known exchanges in the USA. As they are based in the USA, they also permit US-investors from most states. America is in many ways the ruler of crypto right now. It has a very large number of platforms and a large part of the everyday crypto trading occurs on American exchanges or on other exchanges but involving American traders.
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 BTC 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 'BTC address', this is a unique public address of your BTC wallet at Bittrex and you can receive BTC by giving this address to the person to send you the funds. Since we are now transferring our previously bought BTC 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 BTC on the "From" field, choose the amount you wan to send and on the "To" field choose BTC 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 Bittrex!
Now go back to Bittrex 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 Bitcoin network, during busy times it may take even longer.
You should receive a confirmation notification from Bittrex once your BTC has arrived. And you are now finally ready to purchase PMA!
Step 5: Trade PMA
Go back to Bittrex, 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 "BTC" is selected as we are trading BTC to altcoin pair. Click on it and type in "PMA", you should see PMA/BTC, select that pair and you should see a price chart of PMA/BTC in the middle of the page.
Below there is a box with a green button that says "Buy PMA", 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 deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click "Buy PMA". Voila! You have finally bought PMA!
But we are not done yet, since PMA is an altcoin we need to transfer our BTC to an exchange that PMA can be traded, here we will use YoBit as our exchange. YoBit 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.
YoBit is a crypto exchange that is currently registered in Panama (previously Russia). It has an extremely impressive selection of altcoin trading pairs. If you can’t find the altcoin here, chances are you can’t find it at all. The platform is available in Russian, English and Chinese. On 20 July 2019, the exchange reported that it supported 8,379 active trading pairs. This is a very large number of trading pairs, maybe even world-leading. YoBit does not explicitly state that US-investors are prohibited from trading. Accordingly, we do believe that US-investors can trade here. Any US-investors interested in trading here should in any event form their own opinion on any issues arising from their citizenship or residency.
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 BTC 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 'BTC address', this is a unique public address of your BTC wallet at YoBit and you can receive BTC by giving this address to the person to send you the funds. Since we are now transferring our previously bought BTC 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 BTC on the "From" field, choose the amount you wan to send and on the "To" field choose BTC 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 YoBit!
Now go back to YoBit 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 Bitcoin network, during busy times it may take even longer.
You should receive a confirmation notification from YoBit once your BTC has arrived. And you are now finally ready to purchase PMA!
Step 5: Trade PMA
Go back to YoBit, 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 "BTC" is selected as we are trading BTC to altcoin pair. Click on it and type in "PMA", you should see PMA/BTC, select that pair and you should see a price chart of PMA/BTC in the middle of the page.
Below there is a box with a green button that says "Buy PMA", 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 deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click "Buy PMA". Voila! You have finally bought PMA!
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once PMA gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Gate.io
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.
BitMart
BitMart is a crypto exchange from the Cayman Islands. It became available to the public in March 2018. BitMart has a truly impressive liquidity. At the time of the last update of this review (20 March 2020, right in the middle of the crisis with COVID-19), BitMart’s 24 hour trading volume was USD 1.8 billion. This amount placed BitMart on place no. 24 on Coinmarketcap’s the list of exchanges with the highest 24 hour trading volumes. Needless to say, if you start trading here, you will not have to worry about the order book being thin. Many exchanges does not allow investors from USA as customers. As far as we can tell, BitMart is not one of those exchanges. Any US-investors interested in trading here should in any event form their own opinion on any issues arising from their citizenship or residency.
Last Step: Store PMA 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 PMA 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.
Other useful tools for trading PMA
Encrypted Secure Connection
NordVPN
Because of the very nature of cryptocurrency – decentralised, it means that users are 100% responsible for handling their assets securely. While using hardware wallet allows you to store your cryptos in a safe place, using an encrypted VPN connection while you trade makes it harder for hackers to intercept or eavesdrop your sensitive information. Especially when you are trading on the go or in a public Wifi connection. NordVPN is one of the best paid (note: never use any free VPN services as they may sniff your data in return of free service) VPN services out there and it has been around for almost a decade. It offers military-grade encrypted connection and you can also opt-in to block malicious websites and ads with their CyberSec feature. You can choose to connect to 5000+ servers in 60+ countries base on your current location, which ensures you to always have a smooth and secure connection wherever you are. There is no bandwidth or data limits that means you can also use the service in your everyday routines such as streaming videos or downloading large files. Plus it is among the cheapest VPN services out there (only $3.49 per month).
Surfshark
Surfshark is a much cheaper alternative if you are looking for a secure VPN connection. Although it’s a relatively new company, it has already 3200+ servers distributed in 65 countries. Apart from VPN it also has some other cool features including CleanWeb™, which actively blocks ads, trackers, malware and phishing attempts while you are surfing on your browser. Currently, Surfshark does not have any device limit so you can basically use it on as many devices as you want and even share the service with your friends and family. Use the signup link below to get an 81% discount(that’s a lot!!) at $2.49/month!
Atlas VPN
IT nomads created Atlas VPN after seeing a lack of top-notch service within the free VPNs field. Atlas VPN was designed for everyone to have free access to unrestricted content without any strings attached. Atlas VPN set out to be the first trustworthy free VPN armed with top-notch technology. Furthermore, even though Atlas VPN is the new kid on the block, their blog team’s reports have been covered by well-known outlets such as Forbes, Fox News, Washington Post, TechRadar and many others. Below are some of the feature highlights:
- Strong encryption
- Tracker blocker feature blocks dangerous websites, stops third-party cookies from tracking your browsing habits and prevents behavioural advertising.
- Data Breach Monitor finds out whether your personal data is safe.
- SafeSwap servers allow you to have many rotating IP addresses by connecting to a single server
- Best prices on the VPN market (only $1.39/month!!)
- No-log policy to keep your privacy safe
- Automatic Kill Switch to block your device or apps from accessing the internet if the connection fails
- Unlimited simultaneous connections.
- P2P support
Frequently Asked Questions
Can I buy PMA with cash?
There is no direct way to buy PMA with cash. However, you can use marketplaces such as LocalBitcoins to first purchase BTC, and finish the rest of the steps by transferring your BTC 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 PMA 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 PMA 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.
PMA Price Prediction and Price Movement
PMA has been down 55.64 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that PMA's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if PMA is backed by a solid development team and whether PMA's technology has any potential to grow.
Please note that this analysis is purely base on PMA's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
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