Securities.io is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review. Please view our affiliate disclosure. Trading involves risk which may result in the loss of capital.
Table Of Contents
Founded in 2015, Plutus markets itself as a ‘next generation finance app'. To date, this has manifested in two main services – a debit card with crypto-based rewards, and a decentralized trading platform (DEX) which acts as a FIAT-Crypto onramp.
Powering each of these services are Ethereum-based tokens known as Pluton or ‘PLU'. These tokens function in a variety of ways and are used to reward users of the Plutus debit card with up to 4% back in PLU. Plutus describes PLU as ‘the world's first decentralized loyalty token'.
For users of the Plutus debit card, various strategic partnerships have been established with companies like AirBnB, Lenovo, Amazon, Nike, and more. These partnerships provide additional benefits on top of the base 3% already awarded for users who opt to stake their PLU holdings.
The Plutus DEX is used primarily in two ways – to convert between FIAT and crypto and to purchase crypto in a peer-to-peer fashion with no intermediary. Plutus states that European members of its debit card program are exempt from fees on the DEX.
Plutus notes that its decisions are made with the goal of remaining not only compliant with regulations, but highly secure, user-friendly, and ‘customer-centric'.
To learn more, make sure to visit our Investing In Plutus (PLU) Guide
How to Buy Pluton (PLU) in 4 Steps
The whole process can take as little as 10 minutes, and all you'll need is a smartphone or computer, photo identification, and a means of payment.
- Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy Pluton (PLU) cryptocurrency.
- Create an account – Verify your email address and identity.
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- Buy Pluton – Use your funds to Buy PLU.
We list the top 3 exchanges that offer the ability to buy Plutus (PLU) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading. It now offers a varied range of services, including a P2P exchange capability, and purchasing with credit or debit cards.
KuCoin currently offers Plutus (PLU) cryptocurrency trading as well as over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens.
USA residents are prohibited.
Established in 2013, HTX has since become one of the world’s largest digital asset exchanges, with an accumulated trading volume of US $1 trillion. Having once accounted for half of the world’s digital asset transactions, HTX now serves more than 5 million users in over 130 countries around the globe. It should be noted that HTX currently does not accept USA or Canadian residents.
HTX is one of the top exchanges that currently offer Plutus (PLU) trading opportunities.
Currently, this token is only supported on two exchanges. When it is supported on a third, it will be listed on securities.io.
The fact that it is listed on so few exchanges is not necessarily a concern for quality but does limit the potential upside of the project. With that being stated, it is still early days. The lack of listings among exchanges is simply due to the fact that the project has not reached the popularity necessary for broader support.
You may like
Investing In Plutus (PLU) – Everything You Need to Know
Investing In Polkadot (DOT) – Everything You Need to Know
Investing in Polygon (MATIC) – Everything You Need to Know
Investing In Chainlink (LINK) – Everything You Need to Know
Investing In Oasis Network (ROSE) – Everything You Need to Know
Investing in Theta Network (THETA) – Everything You Need to Know