In this article, we are going to learn How to buy PIVX. Here are some steps you need to follow before going to buy any coin. Firstly, you have to go to CoinMarketCap where you will get a list of purchasing options which means pairs of PIVX. On the CoinMarketCap you will get the list of places, where PIVX is supported.

Secondly, before creating an account on any Cryptocurrency Exchange or platform, you have to check the security, reliability, and liquidity level. These are all the parameters you must change before creating an account on the Cryptocurrency Exchange.

And the last step is to purchase on the platform. Many Cryptocurrency exchanges support only a few pairs. If we talk about purchasing cryptocurrency then Fiat currency like the US dollar will be the easy option for buying any cryptocurrency.

Whenever you are going to buy any Cryptocurrency you have to take care of various things like the project protocol or location etc. It’s hard to find the best Cryptocurrency because there are more than 8000 cryptocurrencies around the globe and also there are a lot of influencers promoting garbage Crypto. it’s up to you, which Cryptocurrency you are interested in. PIVX coin is not supported by many cryptocurrency exchanges across the world if you want to invest in a pivx coin Crypto exchange like Binance and coinbase support PIVX coin you can also check on CoinMarketCap where you will get the list of exchanges where PIVX coin is listed.

Read till the end you will get to know, What is PIVX? Where to buy PIVX? How to buy PIVX? How to stake PIVX? In this article, Please read.

What is PIVX?

The PIVX project is an open-source, blockchain-based cryptocurrency project. This project is designed in such a way so that it can ensure user financial information security.

PIVX is a digital cryptocurrency(privacy coin) that was launched in 2016, the main purpose of this cryptocurrency is to provide security or protection to the user’s data. It is a proof of stake coin and it also focuses on fast transactions along with low transaction FEES. PIVX stands for private instant verified transactions.

As we all know any cryptocurrency which works on proof of stake is highly energy efficient and environment friendly, so PIVX coin is MORE energy efficient and environment friendly.

PIVX is decentralized, which means it is not controlled by any government authority or a company. Simply, we can say PIVX is designed in such a way that it can be used to transfer any file or data securely or privately with the help of advanced technology.

Where to buy PIVX?

These are some lists of exchanges where you will get PIVX-

• BINANCE
• COINEX
• BITTREX GLOBAL
• STAKECUBE
• BLOCK DX
• CHANGENOW
• COINSWITCH
• BUYUCOIN

Is PIVX a good investment?

Before investing in any cryptocurrency you have to make sure it has some important factors. These factors may be competition, unique features, etc.

If you are investing in a Crypto which focuses on the privacy factor then it will be a great choice. Here privacy was one of the first focuses of blockchain-based currency and the list of competitors to PIVX is- montero, Zcash, Horizon, byte coin, and many other coins which also focus on privacy factors.

If we talk about the PIVX competitor then we realize that PIVX has a few different things which create a difference from other privacy coins. It burns 100% of transaction fees to control inflation. PIVX was the first network that enabled private staking in which users can earn rewards by locking up the token without sharing any data, as we all know it works on the proof of stake model so this makes this coin defer from others. If you don’t know How to buy PIVX, please read the 1st paragraph of this article you will get to know.

How to stake PIVX?

Staking is the feature that is provided by every Cryptocurrency Exchange in which you have to put your Crypto into the staking pool. The exchange puts its work on the blockchain and you will get a percentage reward over time. Before staking you should know How to buy PIVX in India or Across the Globe, Because most of exchanges do not support this coin.

If you want to stake your PIVX coins, you should have a PIVX core wallet along with a copy of the blockchain on your system then you are eligible for staking. But in this, you can stake Two coins either PIV or zPIV, as you stake your coins. You will find that you get more rewards from zPIV. 

PIVX is known for its privacy, speed, transaction fees, etc. When it comes to staking you have to choose between PIV or zPIV. This blockchain will remain the same, but there is a change in the reward. Approximately you will get 2-3 PIVX as a reward for staking.

Things you require for staking PIVX 

Staking is one of the best ways to earn money, staking can be done by anyone who wants to participate in a staking pool. In this, you only need to hold any cryptocurrency that works on the proof of stake model.

If you want to stake your PIVX coins, you should have a PIVX core wallet along with a copy of the blockchain on your system then you are eligible for staking. But in this, you can stake Two coins either PIV or zPIV, as you stake both coins. You will find that you get more rewards from zPIV.

• System with windows7/ Linux
• PIVX core wallet
• Minimum 1PIV/zPIV
• 1 GB RAM
• And the main thing is you need to keep your wallet online 24/7.

What does the PIVX coin do?

PIVX was launched in 2016, an open-source, blockchain-based cryptocurrency project. It is designed in such a way that user financial information is not going to be breached. The main purpose of this project is to provide security to user’s data or files. 

This project works on proof of stake models, and PIVX is known for its privacy, speed, and transaction fees.

If we talk about a competitor of PIVX then we come to know that it has some differences from other privacy coins. It burns 100% of transaction fees to control inflation. You will get to know How to buy PIVX now.

Conclusion:

The answer to How to buy PIVX is first of all we have to go to CoinMarketCap, where we will get the purchasing option for PIVX pairs because many exchanges across the world are not supporting PIVX coins.

Before creating an account on a cryptocurrency Exchange, we have to find an exchange that has a high level of security, reliability, and liquidity and also supports PIVX coins on their exchange.

This is the answer to How to buy PIVX. I hope it is clear to all.

Frequently Asked Questions:

Does staking reduce the value?

No, staking does not reduce the value of any cryptocurrency, if the price of cryptocurrency falls then the overall value will be reduced. Staking is risky because if the price is falling continuously and you staked your crypto in the staking pool for a while you will not be able to get your coin until the time is over.

Is PIVX a privacy coin?

PIVX is a privacy coin and it is similar to Montero, Zcash, Horizon, byte coin, and many other coins. This project is an open-source blockchain-based cryptocurrency project. PIVX coin works on a proof of Stake model, the purpose of this project is to provide security and protection to the user’s data with the help of a advanced technology. It is more energy efficient and environment friendly, it is decentralized and not controlled by any authority.

Which crypto will boom in 2023?

It is difficult to predict or forecast any cryptocurrency, but if we look at the current scenario there is a chance of web 3.0, which will boom in 2023. These crypto are

• Polkadot
• Brave 
• Filecoin
• Ethereum name server
• The graph  

Which penny crypto has the most potential?

Penny cryptocurrency is incredibly risky, with a very high potential for fraud and loss. Penny cryptocurrency scams involve “pump and dump”.  These are the 5 best penny cryptos to invest in 2023.

• IMPT
• Dash 2 Trade
• Calvaria
• XRP
• BAT