How to Buy Polkarare Crypto (PRARE)

How to buy Polkarare Crypto

What is Polkarare PRARE?

According to Coingecko, Polkarare is : What is PolkaRare? PolkaRare is a web3 economy to create, trade, and discover NFTs. Powered by Polkadot, Polygon, Ethereum, and Binance Smart Chain, PolkaRare offers artists a seamless onboarding experience without the need to use Metamask or make contract transactions on their own. PolkaRare provides a range of tools to users to unlock the maximum potential of NFTs. $PRARE is the native token of PolkaRare used for governance, staking rewards, medium of exchange, NFT farming, etc. Who is the Founder of PolkaRare? PolkaRare is founded by Pramod Mahadik, a professional software developer. Pramod has over eight years of experience in building projects and has previously served at Rediff and Halalbox. Pramod has over four years of experience in the Blockchain space. He is a successful influencer and venture capitalist who has been advising multiple portfolio projects for development and team building. What is The USP of PolkaRare? PolkaRare offers NFT creation, NFT trading, multi-token support, community rewards, support licensed content drops, price discoverability, and charges low network fees. Currently, most of the NFT platforms are based on Ethereum. However, the high traffic of the Ethereum network creates various issues in creating and trading NFTs. PolkaRare aims to become a multi-chain NFT platform, where creators and users can optimize the blockchains and seamlessly transfer them across different networks. PolkaRare NFT creation will start on Ethereum and Polygon chains. In the next phase, the NFT will be added to the BSC and will be extended to other blockchain networks gradually. How many $PRARE are there in Circulation? PRARE is PolkaRare's utility and governance token. Total Supply : 100,000,000 PRARE Hardcap: $2,200,000 Total Tokens be Sold: 36,375,000 Percentage be Sold (Seed + Private + IDO): 36.375% Token utilities: Governance: $PRARE holders will be able to propose and vote on key proposals; a portion of platform transaction fees will be used for the governance rewards. Medium of exchange: PRARE is used as a primary mode of payment on PolkaRare Staking Rewards: Stakers will be rewarded with platform fees. Stake PRARE to earn PRARE. NFT Farming: Stake PRARE to farm rare NFTs Exclusive NFT drops: PRARE holders will get exclusive drops from the collectibles product. Token Distribution and Lock-Up Process: Seed Round: 12.50% Private Round 1: 12.50% Private Round 2: 9.375% (Initial Dex Offering)IDO: 2.00% Ecosystem Fund: 9.625% Marketing/Grants/Partnerships: 10.00% Advisors: 3.00% Team: 12.00% Company Reserve: 10.00% Operations: 4.00% Marketplace Mining & Staking: 12.00% Exchanges & Liquidity: 3.00% What are the Features of PolkaRare’s Products? PolkaRare’s products are designed to attract the average user to its platform. Its main features are Multichain NFT marketplace NFT Wallet Collections NFT Collateralized Loans Royalties Unlockable content: NFT price discoverability protocol Social features Multi content support

Where can I buy PRARE Crypto?

You can buy Polkarare on Uniswap.

Why should you buy Polkarare?

Polkarare is really one of a kind project. The roadmap is incredibly promising and if the dev team can keep up with the with it, it's only a matter of time for the market to catch up. It's a very risky play but one that can yield amazing profits. Do you own diligence and research the project further so you can make your own decision.

How to Buy Polkarare Crypto?

Step 1 - Setting up a Metamask Wallet

How to setup a metamask wallet

Metamask is by far the most used walled in the world of Ethereum. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Ethereum Network, Metamask will be your best friend. Setting up the wallet is also very simple and easy.

Head over to metamask.io and click Download. You'll need to use Google Chrome, Brave Browser, Firefox, or Microsoft Edge for this to work. So make sure you are using one of these four browsers. Now at the end of the page, click on the browser you're using and install the extension.

You are now the Welcome Page of Metamask. Click on 'Get Started.' Now click on 'Create a Wallet.' Choose a strong password for your Metamask wallet and continue.

Very Important Part! Keeping your backup phrase safe is the difference between having millions in your account or be that guy on the landfill looking for his old hard drive.

Click on reveal your backup phrase and write every word down on paper. Make sure you don't save your backup phrase on anything digital. This is for your security. After you wrote down your backup phrase, you'll be asked to confirm it. Click on every word in the correct order, and you should be done.

Step 2 - Buy Ethereum on Simpleswap

Buy Ethereum on Simpleswap

Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy ETH and receive it directly on our on-chain Metamask wallet, skipping most of the steps we'd have to take through a traditional exchange.

Click here to access Simpleswap

Just click the Buy/Sell Crypto tab, insert the USD amount you want to trade for ETH, and click "Exchange", just like this:

Buy Ethereum on Simpleswap

Now all you have to do is click the Metamask fox logo to directly copy and paste your Metamask Ethereum address. It should add it automatically.

Buy Ethereum on Simpleswap

You can now choose between Google Pay or card to complete the payment:

Buy Ethereum on Simpleswap

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in Metamask.

Step 3 - Buy Polkarare on Uniswap with ETH

Buy PRARE on Uniswap with ETH

Uniswap is currently the number one Decentralized Exchanged in the world, and it's simply the best place to buy cryptocurrencies that aren't available on sites like Coinbase or Binance.

Before we head over to Uniswap, we need to prepare your Metamask Wallet to receive Polkarare. Open Metamask, scroll all the way down, and click here:

Add PRARE token to Metamask

Select Custom Token and paste this token contract address there:

0x2c2f7e7c5604d162d75641256b80f1bf6f4dc796

The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive Polkarare (PRARE).

You can check the price and confirm the correct token address of Polkarare on Coingecko.

Let's buy some Polkarare!

Go to Uniswap. On the upper right corner, click on Connect Wallet and select Metamask. A confirmation popup should open on Metamask (click on the "little fox logo" if you don't see it). Now you need to accept, connect, and your wallet should be connected to Uniswap.

Select a token and paste the Token contract address: 0x2c2f7e7c5604d162d75641256b80f1bf6f4dc796

Click Import and accept the terms.

Now you have to select the amount of ETH you want to trade for PRARE. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.

Wait a few minutes, and your PRARE should appear on your Metamask Wallet.

Congratulations! You are now a proud Investor of Polkarare!

In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Uniswap's gear icon, and put 5% here:

Adjust slippage on uniswap

Step 4 - Store Polkarare on Ledger

Check out our guide on how you can store Polkarare on Ledger's Hardware Wallet

Check out Polkarare links:

Please make sure you read our Disclaimer. We are not financial advisors.

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