PlayDapp (PLA) can be purchased at a cryptocurrency exchange such as Crypto.com. These specialized markets function similarly to stock trading platforms in that they facilitate the buying and selling of cryptocurrencies.
PlayDapp is a blockchain-based gaming platform and NFT marketplace, and PLA is its in-house coin. Learn how to get PlayDapp below.
PLA Price Live Data
The current PlayDapp price is 0.342129 USD, with a 24-hour trading volume of $11,938,014. The exchange rate for PLA to USD is dynamically updated.
In the past day, PlayDapp has risen by 1.68%. At this time, the total value of all available Coins on CoinMarketCap was $167,037,680, making it the #151 most valuable cryptocurrency overall.
There are currently 488,229,678 PLA in circulation, with a total supply of 700,000,000 PLA.
The best places to buy PlayDapp right now are Binance, XT.COM, BingX, Phemex, and MEXC, all of which deal in cryptocurrencies. On our crypto exchanges website, you’ll discover a list of others.
In the PlayDapp Blockchain gaming ecosystem, PLA tokens are used to buy and sell non-fungible token (NFT) items from games and on the worldwide C2C marketplace playdapp.com.
How do I find the best places to buy PlayDapp?
While most cryptocurrency exchanges provide essentially the same service, they have important distinctions. These include, most importantly, fees, the cryptocurrency pairs available, and the accepted payment methods. Use the table below to quickly and easily compare key characteristics of some of the most prominent US-based bitcoin exchanges.
You should also check if the exchange is registered with your country’s governing body and its customer service, user feedback, and convenience of use.
What will I need to buy PlayDapp?
An email address is required when signing up for an account on any cryptocurrency trading platform. It’s also a good idea to have your phone number and some form of identification handy, as some exchangers may require them.
More and more PlayDapp trading platforms are requiring identification verification before accepting trade deposits.
Know Your Customer (KYC) checks necessitate using a photo ID and a mobile device or computer with a camera. Please attach a current bank statement or utility bill to verify your address if asked.
Some cryptocurrency exchanges don’t require you to pass KYC to deposit and trade cryptocurrencies, but they won’t let you deposit fiat currency from a bank account. Therefore, you will need to go through KYC if you want to buy PLA with your local money.
Once your identity has been confirmed, you should turn on 2FA before making a financial deposit. That way, your account, and money are safer.
Where can I buy PlayDapp with a credit or debit card?
The next step after signing up is depositing money into your account to purchase PLA. You can fund your account by depositing fiat currency from your bank account or credit card or transferring bitcoin from another exchange or wallet. Common deposit options for purchasing PLA on these markets are as follows:
Is PlayDapp an excellent investment?
By their very nature, cryptocurrencies are a very volatile and speculative asset class. Considering an investment in PLA? Consider the following factors:
Game development
The protocol must source, produce, or host a variety of popular blockchain-based games for PlayDapp to attract a wide variety of gamers to its goods successfully. On the PlayDapp platform, it is important to stay abreast of new game acquisitions and launches.
Competition
PlayDapp is one of the initiatives aiming to bring blockchain-based gaming to the mainstream. Bora, Enjin, and Gala are industry competitors competing with PlayDapp for market share. Potential investors must also examine the popularity of individual games such as Axie Infinity and The Sandbox and the possibility that these games will take market share from PLA.
Tokenomics
The maximum token supply of PLA is 700 million. The great majority (455 million) was reserved for investors and partners upon the publication of the whitepaper. In addition, an additional 100 million will be allocated to the PlayDapp ecosystem, 95 million to the development team, 25 million to various advisers, and the remaining 25 million for marketing.
Development team
In contrast to other crypto initiatives, PlayDapp’s development team has over 70 members. However, many of these team members are nameless or employ pseudonyms, making it difficult to judge their past work and project history.
Buying PlayDapp: Conclusion
One of the main advantages of cryptocurrency is its increased security. Each blockchain employs a unique consensus technique to prevent tampering, and most wallet addresses are encrypted. Because of this, cryptocurrencies offer unrivaled transparency while being far more secure than conventional electronic transactions (PayPal, VISA, etc.).
The rapid pace at which cryptocurrency transactions are settled is one reason for their widespread adoption. International or neighbor-to-neighbor crypto transactions are often instantaneous.
This is because verifying a blockchain transaction doesn’t need a trusted third party and can be done without a currency conversion or any other hassles typically associated with international business dealings.
One of their main selling points is that cryptocurrency networks are independent of any central authority. While many cryptocurrencies are handled in a decentralized fashion, some are under the sole control of their developers, who may make any number of decisions regarding the tokenomics (supply, inflation, deflation, etc.) of the coin.
This can be accomplished in several ways, including through the use of staking (or staking delegation), Decentralized Autonomous Organizations (DAOs), or just the network’s dispersed network of miners deciding where and how to allocate their hashpower (mining power). To avoid the possibility of corruption evident when a single institution controls a fiat currency, cryptocurrencies are designed to be as decentralized as possible.
