As cryptocurrencies become more important to the world day by day, it’s important to know which crypto exchanges you need to use. However, not every crypto exchange supports the tokens you want to acquire. Therefore, you must do a lot of research on which exchanges to use for the tokens you want to own. In this article, we will cover the best crypto exchanges that you can use to buy Pluton ($PLU). Before we do that, let’s briefly go through Pluton and what it offers to its users.
What is Pluton (PLU)?
Pluton ($PLU) is an Ethereum-based token used in the Plutus network. In simple words, Plutus is a finance-based application that aims to integrate cryptocurrencies into our everyday lives. With crypto mass adoption imminent, projects such as Plutus make sure that people can get the best out of blockchain and cryptocurrencies.
The pluton token has various features. Starting off with tokenomics, it has a total supply of 20 million PLU tokens, but only 9% of the total supply is currently in circulation. Pluton offers its users a lot of financial services, including staking. Users can stake PLU tokens and earn passive income in return. The way this works is through the crypto cashback feature, where you can get up to 8% cashback on every payment you make with the Plutus Visa Debit Card, one of the main features of Plutus.
Not only that, but you can also earn perks, where each perk gives you a subscription to an entertainment service of your choice, such as Netflix, Booking, Spotify, Disney+, Apple One, Prime Video, Starbucks, etc. The more you stake, the more perks and purchase cashback you get.
Hence, Pluton has been gaining a lot of attention due to its exciting features.
Where to Buy Pluton (PLU)
There are a lot of cryptocurrency exchanges that support Pluton tokens. Nonetheless, based on our research, these are the best exchanges you can use to purchase $PLU:
Plutus DEX
The first one on the list is the Plutus DEX. As the name suggests, Plutus DEX is Plutus’ decentralized exchange, which aims to make the purchase of $PLU tokens as easy as possible. All you have to do is create a Plutus account, transfer fiat via a bank transfer to your account, connect the DEX with your MetaMask wallet, and buy $PLU tokens. You can also purchase ETH tokens using the Plutus DEX. While it may not offer a larger token list, it is quite safe, reliable, and simple to use. Moreover, through the Plutus DEX, you can access the other features that the Plutus app has to offer. Plutus can be used either through the web or through a mobile phone. However, you can use the Plutus DEX only if you’re part of the EEA zone.
Therefore, Plutus DEX is one of the best exchanges you can use to buy $PLU tokens.
KuCoin
The next one on the list is KuCoin. KuCoin is supported in more than 200 countries worldwide, but it is not licensed in the US yet. KuCoin offers more than 600 countries with different trading pairs available. In terms of fees, KuCoin has some of the lowest trading fees in the market.
KuCoin was launched back in 2017, with headquarters in Seychelles. Currently, it has millions of users daily, and it has received tons of good reviews on the internet. Besides the web trading alternative, KuCoin is available to Android or iOs users as well, similar to Plutus.
KuCoin is generally perceived as a safe exchange in terms of security, despite history showing that it was prone to be hacked in the past.
KuCoin provides tons of services when it comes to trading, earning interest through staking or lending, etc. Moreover, there are plenty of fiat payment methods with KuCoin, including a debit card, bank transfer, PayPal, etc. All in all, KuCoin is considered a very good choice for buying $PLU tokens.
Coinbase
If you’ve been part of the crypto space for a while, then you must have heard of Coinbase. Coinbase is one of the biggest cryptocurrency exchanges, and it is one of the very few major crypto exchanges that is licensed in the US. It is very user-friendly, and it is easy to use even for beginners. Coinbase offers more than 150 cryptocurrencies, including Pluton.
Perhaps one of the biggest downsides of Coinbase is that its fees are relatively higher when compared to the majority of other crypto exchanges. Nonetheless, millions of users actively trade on Coinbase, putting it in the top three of the most used crypto exchanges in the world.
Founded in 2012, it is one of the oldest crypto exchanges to allow traders to buy or sell cryptocurrencies, starting off with Bitcoin (BTC). Coinbase now offers Coinbase Pro, which is for more advanced traders. This feature provides more sophisticated services, but it also provides lower fees.
Overall, Coinbase is one of the safest choices to buy PLU tokens if you’re a US citizen.
Huobi Global
Another crypto exchange worth mentioning is Huobi Global. Based in Japan and originally launched in China in 2013, Huobi Global is one of the biggest crypto exchanges in the market. It offers more than 350 cryptocurrencies, with the number continuously increasing. It has relatively low trading fees, and it provides various trading tools to help you perfect your trades. Similar to the above-mentioned exchanges, Huobi Global also is available for desktop or for mobile.
One of the disadvantages of Huobi Global is that it is a bit complex for beginners. So, amateur traders may find it difficult to navigate throughout the exchange and trade efficiently.
In terms of security, Huobi Global is quite safe. 98% of users’ assets are held in a cold wallet, making sure that no hacker can steal the funds. Huobi Global is best at stopping DDOS attacks. Last but not least, it has around 20,000 worth of BTC as a reserve in case a major hack is to occur to the exchange. This gives some sort of relief and security to Huobi Global users.
Hence, Huobi Global could be used as a safe choice when it comes to buying $PLU tokens.
Bitfinex
Bitfinex is also one of the oldest crypto exchanges in the market, which you can use to buy $PLU tokens. Launched in 2012, it is one of the most used crypto exchanges to date, with some of the highest volumes in the BTC/USDT pair throughout the years.
Unfortunately, Bitfinex is not available in the US, similar to some other exchanges. Nonetheless, it provides various trading types, including margin trading, OTC trading, etc. It also has relatively low fees, but its main audience is not beginners, as the dashboard may seem a little complex.
As for security, Bitfinex is generally secure. However, it has suffered from attacks in the past. Nonetheless, 99.5% of all the funds are held in a cold wallet to make sure that they cannot be stolen by hackers. It has 24/7 customer service, and it has received tons of positive reviews from its users.
AscendEX
AscendEX is another exciting crypto exchange that you can use to buy $PLU. While its trading volume may not be as high as the likes of Coinbase, it is still quite reliable when it comes to various types of trading. AscendEX also offers DeFi services, where you can earn passive income through the exchange. Moreover, active traders receive random rewards from the exchange.
One disadvantage of AscendEX could be the fact that no fiat currencies are supported. Moreover, in terms of customer service, there is no call representative to help you out. Instead, you’ll have to go the old-fashioned way by writing up your complaint.
AscendEX offers around 200 cryptocurrencies, and it is generally considered safe to use. Therefore, it could be an alternative for you to buy $PLU tokens.
UniSwap
The last one on the list, which is also one of the most preferred by many, is UniSwap. UniSwap is undoubtedly one of the biggest decentralized exchanges in the crypto market. It technically supports every ERC-20 token, including $PLU. If the token you’re searching for will not appear, you can import it by typing the contract address of the token. Since it is a DEX, you have to pay gas fees to purchase tokens. Moreover, you need to connect UniSwap with a Web 3.0 wallet that is based on Ethereum, such as MetaMask.
Perhaps the only downside of UniSwap is that you have to pay gas fees. If the network is congested, the fees can get quite high. Nonetheless, UniSwap is quite safe to use, and it has been one of the most used exchanges in the world for a while now.
Takeaways
- Pluton is an Ethereum-based cryptocurrency in the Plutus network.
- A lot of crypto exchanges have listed Pluton and can be used to purchase $PLU tokens.
- Some of the best exchanges to buy $PLU are the Plutus DEX, KuCoin, Coinbase, Huobi Global, Bitfinex, AscendEX, Uniswap, etc.
- Always do your own research before deciding which exchange to use to buy cryptocurrencies.