Plugin (PLI) is a decentralized Oracle Platform that provides cost-effective solutions for smart contracts on the XinFin XDC Network ecosystem. It enables smart contracts to connect with real-time data while maintaining high security by aggregating feeds from multiple providers. The platform ensures trust and transparency through off-chain computation and offers a proof of staking reserve, allowing users to verify their stakes securely and transparently.
Plugin (PLI) is a decentralized Oracle Platform that provides cost-effective solutions to smart contracts running on the XinFin XDC Network Eco System. It enables smart contracts to connect with the real-time world by receiving data from multiple providers and aggregating it securely. This ensures that the data received from the data feed provider is trustworthy and maintains a high degree of security through off-chain computation.
To store Plugin (PLI) tokens, you have several options based on your needs and preferences:
Store on an ExchangeYou can hold your Plugin (PLI) on a centralized exchange (CEX). This provides convenient access to various investment products and features like spot and futures trading, staking, lending, and more. The exchange will securely hold your funds, but ensure you choose an exchange with strict security measures to protect your assets.
Use Non-Custodial WalletsFor maximum security, you can store Plugin (PLI) in a non-custodial or self-custodial wallet. This grants you full control over your private keys. You can use hardware wallets, Web3 wallets, or paper wallets. Be cautious, as losing your private keys may result in permanent loss of your Plugin (PLI).
Supported WalletsPlugin (PLI) is supported by various wallets, including D'CENT Mobile Wallet, which works on both iOS and Android, and other wallets available on different platforms.
Buying and StoringYou can buy Plugin (PLI) directly through a crypto wallet if supported, or purchase a more popular cryptocurrency and exchange it for Plugin (PLI) through your wallet or on a decentralized exchange. Ensure you follow the wallet's guidelines and store your private keys securely.
To buy Plugin (PLI) tokens, follow these steps:
Create an Account: Open a free account on a cryptocurrency exchange that supports Plugin (PLI) such as Coinbase, Bitrue, or KuCoin. You will need to provide identification and set up a secure password.
Choose a Payment Method: Select a payment method supported by the exchange, such as a credit/debit card, bank deposit, or peer-to-peer trading. Ensure you understand the fees associated with each method.
Fund Your Account: Deposit funds into your exchange account using your chosen payment method.
Select Plugin (PLI): Navigate to the exchange's trading platform and select Plugin (PLI) as the asset you want to purchase.
Place an Order: Choose the type of order you want to place, such as a market order, stop order, or limit order. Enter the amount of Plugin (PLI) you want to buy and confirm your order.
Store Your Tokens: Once your order is executed, your Plugin (PLI) tokens will be stored in your exchange wallet. You can also transfer them to a personal cryptocurrency wallet for added security.
Additionally, you can also buy Plugin (PLI) directly through a crypto wallet if it supports fiat-to-crypto purchases. Alternatively, you can buy a popular cryptocurrency like USDT and then exchange it for Plugin (PLI) on a decentralized exchange.