How to Buy PRE Tokens in the United States Using USD: A Comprehensive Guide
Last updated
Last updated
Hello Presearch community, crypto enthusiasts, traders, investors, and the privacy conscious!
If youβre in the United States and have been wondering how to purchase PRE tokens with U.S. dollars (USD), youβve come to the right place. Our privacy-centric search engine is not just a concept but a thriving ecosystem, thanks in part to our native cryptocurrency, the PRE token. Whether youβre an early supporter or someone who has just stumbled upon our innovative platform, understanding how to buy PRE tokens is your first step in participating in our decentralized, privacy-focused search environment.
In the ever-evolving world of cryptocurrencies, projects that emphasize user privacy have been gaining significant traction among enthusiasts and everyday users alike. Presearch, a trailblazing project dedicated to fostering an ecosystem where privacy reigns supreme, stands at the forefront of this movement. Central to its vision is the PRE token, a digital asset that fuels this privacy-centric paradigm.
For U.S. residents passionate about safeguarding their online privacy, the question arises: βHow can I buy PRE tokens using USD?β Fortunately, there are several avenues to explore for those keen on adding PRE to their digital wallets. This blog post aims to demystify the process, guiding readers through the various options available for purchasing PRE with U.S. dollars. Thanks to the ever-growing list of platforms that support the PRE token and the increasingly flexible financial regulations, you now have several options to invest in PRE using USD.
Whether youβre a seasoned crypto aficionado or a newcomer eager to support the privacy movement, weβve got you covered. Letβs delve into the details today with two familiar platforms, Paypal and Coinbase Wallet and at the end weβll point you to tutorials on several others.
Letβs start with our newest and most exciting option using an all-too familiar conduit, Paypal followed by Coinbase Wallet.
PRO TIP #1: When interacting with Paypal DO NOT USE A VPN, you will get flagged and temp hold will be placed on your account.
Before You Begin: Make sure you are logged into your Paypal account and your Metamask extension is installed on the same browser. If you havenβt yet installed MetaMask, Go to How to install Metamask to do so for various browsers: Chrome, Brave, Edge, and Firefox.
1. Open MetaMask: Open your MetaMask either as a browser extension or through its webpage app. Click on the βBuyβ button. This will prompt you to select your country and state. (Note: Residents from all U.S. states are eligible except Hawaii).
2. Purchasing ETH: Youβll first need to purchase ETH tokens (or a fraction thereof) which will be swapped for PRE tokens later.
3. Select ETH Quantity: Choose the amount of ETH you wish to buy, in USD.
Pro Tip: Always leave at least $20 of ETH in your MetaMask wallet to cover future transaction (gas) fees.
4. Choose Payment Method: In the dropdown options, select PayPal and then click βBuy with PayPalβ. If this is your first crypto purchase with PayPal, youβll be prompted to provide additional information.
5. Complete Payment: After entering the requested information, click βBuy with PayPalβ again. If PayPal does not auto-redirect you, manually select this option on the MetaMask web app.
6. Review and Edit: Should you wish to change the amount youβre purchasing, simply close the review pop-up and adjust the quantity in MetaMask.
7. Finalize Purchase: Confirm your transaction by clicking on βBuy and Send Nowβ. Pro Tip: PayPal may have issues with Debit Cards, and often prefers to use your bank account as the payment method.
8. Swap ETH for PRE: Now that you have ETH in your MetaMask wallet, select the swap function. To manually add PRE, scroll down to βimport tokensβ > βCustom Tokenβ and paste the PRE contract address.
9. Execute Swap: Finally, click on the βSwapβ button that appears after you select PRE. Review and approve the transaction to complete the swap.
Coinbase Wallet is one of the most convenient ways to Purchase Presearch in general and especially in the United States. Coinbase Wallet is a function easily accessible to all Coinbase account holders and can be accessed directly from your Coinbase account easily by selecting the icon.
The method Coinbase Wallet uses is the Swap function, so, you will need to have some ETH in your wallet to use as gas fees (transaction fee) and an asset to swap from to PRE. That asset can be any Erc20 token, including ETH, just remember that if you swap ETH to PRE, leave a little ETH in your wallet for gas fees next time.
For additional detailed instructions on setting up your Coinbase Wallet go here.
1. Initial Setup: Make sure your Coinbase account is synced with your Coinbase Wallet. To check, go to settings in the Coinbase Wallet app and confirm under βCoinbase Accountβ.
If you do not have ETH in your Coinbase wallet yet, Coinbase makes it easy for you to buy ETH in your Coinbase account and itβll be available across platforms.
2. Search for Presearch: In your Coinbase app, use the search bar to find Presearch or navigate through the Coinbase Wallet icon. Select the Blue button that reads βBuy with Coinbase Walletβ at the bottom. It will indicate you are leaving Coinbase to trade on Coinbase Wallet with a βSelect Networkβ prompt at the bottom. Select Ethereum. At this stage if you do not already have a Coinbase Wallet, a new wallet will be generated for you automatically after following the prompt to download Coinbase Wallet. Note, if you already have the Coinbase Wallet App on your phone, you can go directly there to buy Presearch.
The Swap function will automatically appear prompting you to choose an asset to swap into PRE. Note you will need an ERC20 asset to select from which will automatically populate in the dropdown if you have one.
3. Execute Swap: Choose an ERC20 asset you wish to swap for PRE. Input the USD value for the quantity of PRE tokens you wish to buy, and complete the one-click swap. PRE will be added to your Coinbase Wallet that is on chain. WELCOME TO WEB3!!!
Not only can you see you PRE in your Coinbase Wallet account, but you can also now see your PRE on the Blockchain by copying your address in the top right hand corner and entering it here in Etherscan.
For additional details, see the list of PRE Exchanges and popular Wallets to use with Presearch.
Happy Presearching!