PKR, the native token powering the Polker network has seen a breakout with 106% gains in 24 hours
The PKR token which powers the Polker game has seen a breakout after a week of consolidation near the $0.05—$0.07 region. Polker is a poker game and one of the first use cases for the PKR token. The PKR token is currently trading at $0.14 after doubling within a week. This is an impressive performance for this gaming token and the price could easily 3X, 5X or even 10X from the current levels if the bull rally continues.
How & where to buy Polker in the UK and elsewhere
You will need to register an account with a regulated broker/exchange service. Avoid using unregulated DEX platforms as the risk of fraud is higher on such sites. For account registration, you will need to input a username, email address and phone number. You will also need to verify the account by submitting proof of identity and proof of residence documents as per the Know Your Customer (KYC) regulations.
It can be quite difficult for new users to find an appropriate platform as per their requirements given the wealth of options available in the market today. We have selected two of the best platforms for your benefit and these are listed below.
As PKR is such a new asset, it's yet to be listed on major exchanges. You can still purchase PKR using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy PKR right now, follow these steps:
1. Buy ETH on a regulated exchange or broker, like eToro ›
We suggest eToro because it's one of the world's leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It's also beginner-friendly, and has more payment methods available to users than any other available service.
2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask
You'll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the Uniswap DEX
Head to Uniswap, and 'connect' your wallet to it.
4. You can now swap your ETH for PKR
Now that you're connected, you'll be able to swap for 100s of coins including PKR.
What is Polker?
Polker provides cross-chain compatibility solutions for e-commerce and gaming systems. It can be seamlessly used by game providers and PKR exists as TRC-20, ERC-20 and BEP-20 tokens ensuring seamless usage across different cryptocurrencies. This does away with the need to frequently change tokens while using different gaming platforms. With its hallmark provably fair technology protocol and true random number generator system (patent-pending), PKR can serve as an important network for gaming protocols.
The gaming industry has shown strong use cases for cryptocurrencies and many gaming tokens have joined the bull run in the recent past.
Should I buy PKR today?
The PKR token has more than doubled in price and the entry price is still low for amateur and new investors. Given the price volatility after a strong breakout, the token could also provide an interesting opportunity for short term traders.
Below is the monthly chart for Polker that shows a strong consolidation before the current bull rally. Another 2X seems a high possibility for the PKR token in the short term.
Polker monthly chart. Source: CoinMarketCap
This article is informational only—none of the contents should be construed as financial or investment advice.