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This article gives a brief and detailed overview of how the PMON token has performed. It also gives insight into how a trader can acquire it and how the token is likely to perform in the future.

Polkamon's native token: Polychain monsters

Polychain monsters token is a recent cryptocurrency native to the Polkamon platform. The token is ERC-20 based and is used to unpack NFTS that support Polkamons.

These are animated digital collectables. This article shows how the Pmon is currently performing in the market and how it is likely to perform in the crypto-verse in the future.

In addition to that, the article enlightens its readers on how to gain Pmon tokens. It also advises where to buy them. The text will also show how the token is faring against other currencies like the USD and the Philippines Pesos.

What is a Polkamon PMON token?

The PMon token is the native Ethereum based cryptocurrency for the Polkamon gaming platform. PMon coins unpack NFTs which support all the animated Polkamons.

The currency is necessary when unlocking a new level of features or characteristics. It also aids in acquiring new Polychain Monsters.

How do you get Pmon coins?

Traders can get Pmon coins through buying or staking. When buying, you exchange one cryptocurrency for Pmon crypto.

It is through a Pmon supporting exchange platform. On the other hand, you can earn more Pmon returns by staking your Pmon cryptocurrency to verify transactions and support the Polkman blockchain network

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Where to buy PMon tokens.

According to hedgeworld.com, you can acquire PMon crypto on cryptocurrency exchange platforms. The following are some of the exchanges that are already trading Pmon tokens:
 

• 1inch Exchange
• Gate.io
• Uniswap (V2) cryptocurrency exchange
• Kucoin
• CoinEx
• LBank
• MEXC
• Hoo
• Uniswap V3

Coincodex site states that the Kucoin platform is the best cryptocurrency exchange platform to trade Pmon currency at the moment. This is because Kucoin has recorded a total of $175,360 Pmon trading volume as of 16th December 2021.

How to buy Pmon crypto

As stated above, to acquire a Polkman token, you need to trade for it in a crypto exchange that supports it. So for a first-time trader, you will have to set up an account with an exchange like Binance that you will use to purchase a cryptocurrency that you will trade for the Pmon.

In addition to that, you will also have to set up a wallet account that you will connect with the Pmon trading exchange platform. The following is the procedure you will follow to acquire Pmon crypto:

a) Signing up on Binance.

For a first-time trader, you will have to sign up to a cryptocurrency exchange platform, in this case, Binance exchange. To do this, you will browse their website and select the sign up to form an account link button.

You comply with the platform’s Know Your Customer (KYC) requirements. That is, provide your email, name, phone number, and age, and so on.

After that, the platform will send a verification email so that you can set a 2FA verification security feature. This stage is usually important so that the platform can ensure the security of its members by ensuring that hackers will find it hard to access an account illegally.

b) Setting up a payment method.

In the second stage, you are to provide your preferred mode of payment. You can choose from the following three payment methods:

• Credit card
• Debit card
• Bank transfer

The method you select is to make a payment each time you authorize a transaction.

c) Purchasing a bnb cryptocurrency.

Now that you have selected a payment method, all that remains is to purchase the bnb crypto. Before the purchase, you need to establish the amount of US dollars you will need to purchase the bnb currency. You will also need to know the amount of bnb token you need.

To establish this, you browse the market bnb to USD exchange rates.

The bnb to USD rates will inform you of the amount of USD needed to obtain a certain amount of bnb currency. From there, you will indicate the amount of USD to invest in purchasing bnb tokens and hit the buy button.

d) Setting up a wallet account.

Now that you have purchased a cryptocurrency, you will need a secure location where you can store it. There are several wallets that you can choose from. It includes the Metatask wallet.

To set up a wallet, you will sign up and fill in all the KYC requirements needed. Remember to link your wallet to Pmon trading exchange like the Uniswap exchange platform after transferring the bnb coins.

e) Purchasing a Pmon token.

Once you have transferred and linked your wallet with a Pmon trading crypto exchange, initiate the trade of bnb coins for Pmon coins. You can purchase at market price or a limit price when placing a trade.

If you choose the limit price, your transaction will go through when the market price is equal to the limit price.

Pmon price today:

According to coinmarketcap, the pmon price today on 16th December 2021 is $8.43 with a trading volume of USD 1.6 million. In 24 hours, there has been a pmon price reduction of 5.58%.

The token currently has a market capitalization of USD 28.8 million and a market circulating supply of 3.4 million

Pmon price prediction and analysis

According to the walletinvestor, Pmon is a bad long-term investment. The site shows that Pmon will experience a persistent and significant reduction in price.

Based on historical data for the last 30 days, the pmon price prediction shows that by 30th December 2021, Pmon price will have reduced to $6.818 with a price range of $5.371-$8.283.

Coincodex, on the other hand, shows that Pmon prices will be fluctuating. The site bases this on data collected in the previous 30 days. It predicts that Pmon’s will keep reducing till $8.33 on January 2nd, 2022. Afterwards, it will start increasing.

As per the predictions, Pmon will be valued at $ 11.06 on January 15th, 2022.

Conversion rates Of Pmon

a) Pmon to php conversion rates

According to the pmon coinmarketcap currency conversion, as of 16th December 2021, the pmon to php conversion rate is ₱414.13 with lows of ₱413.30 and highs of ₱452.34. The rate has decreased by 7.44% for the last 24 hours.

b) PMON/USD conversion rates

According to the pmon coinmarketcap currency conversion, as of 16th December 2021, the Polkamon - US dollar conversion rate today is $8.27 with lows of $8.27and highs of $9.05. The rate has decreased by 6.30% for the last 24 hours.

Summary

From the text above, you can gain PMON through staking and trading. According to coinmarketcap, the Pmon price on 16th December 2021 is $8.43. In addition, the future performance of the PMON cryptocurrency is based on its performance in the last 30 days.

According to coincodex and the wallinvestor, the PMON cryptocurrency is set to experience a steady price reduction. It will reduce till January 2nd, 2022. After that, the price will keep increasing till it reaches $11.06 on January 15th, 2022.