How to Buy Propel (PEL)

Price of Propel (24h)$0.0075919022834178

Interested in buying Propel (PEL) or exploring other cryptocurrencies? This is the right place for you! KuCoin offers safe and easy ways to let you buy Propel (PEL) instantly wherever you are! Check out all the ways you can buy PEL on KuCoin.

Buy Propel (PEL) on KuCoin in Four Simple Steps

Create Your Free KuCoin Account

Sign up on KuCoin with your email address/mobile phone number and country of residence, and create a strong password to secure your account.

Secure Your Account

Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.

Verify Your Account

Verify your identity by entering your personal information and uploading a valid Photo ID.

Add a Payment Method

Add a credit/debit card or bank account after verifying your KuCoin account.

Buy Propel (PEL)

Use a variety of payment options to buy Propel on KuCoin. We'll show you how.

Choose How You Want to Buy Propel on KuCoin

Buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying Propel (PEL).

Buy Propel (PEL) with crypto on the KuCoin Spot Market

With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy Propel (PEL). Here's how to buy:

1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.

2. Transfer your crypto to a KuCoin Trading Account. Find your desired Propel (PEL) trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for Propel (PEL).

Tip: KuCoin offers a variety of order types to buy Propel (PEL) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.

3. As soon as your order is successfully executed, you will be able to see your available Propel (PEL) in your Trading Account.

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How to Store Propel (PEL)

The best way to store Propel (PEL) varies based on your needs and preferences. Review the pros and cons to find the best method of storing Propel (PEL).

Store Propel in Your KuCoin Account

Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.

Hold Your Propel in Non-Custodial Wallets

"Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your Propel (PEL) to a non-custodial wallet. Storing Propel (PEL) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your Propel (PEL) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your Propel (PEL).

What Can You Do with Propel (PEL) on KuCoin?

Hold

Store your Propel (PEL) in your KuCoin account.

Trade

Trade Propel (PEL) in the spot and futures markets.

Earn

Earn passive income by staking or lending Propel (PEL).

Why Is KuCoin the Best Platform to Buy Propel (PEL)?

Safe and Trusted

Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed by 1:1 real assets. KuCoin was named one of the Best Crypto Exchanges by Forbes in 2021 and selected by Ascent as the Best Crypto App in 2022.

High Liquidity

Boasting a high liquidity order book for all listed cryptocurrencies, KuCoin delivers a liquid trading experience with tight spreads.

Home of Crypto Gems

KuCoin supports more than 700 cryptocurrencies and is the best place to find the next crypto gem. Buy Propel and trade it against various digital assets on KuCoin.

Intuitive Interface

Buying Propel (PEL) on KuCoin is quick and easy, thanks to our intuitive interface and powerful technology. Obtain PEL in an instant when you buy on KuCoin.

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FAQ

Is Propel (PEL) a Good Investment?

Propel is an interesting crypto asset to add to your portfolio, especially if you believe in the growth potential of the overall crypto industry and critical sectors such as web3, DeFi, and the metaverse. Rising demand for dApps could increase developer interest in Propel’s infrastructure, supporting the $PEL price in the market.

As more projects are developed and launched using Propel’s infrastructure, investor interest in its native token could increase. This, in turn, could boost the PEL price statistics.

The Propel price could also benefit from positive sentiment in the crypto market. At such times, there is increased buying activity in the market, driving up the value of Propel token.

What Is Propel Crypto Price Prediction?

Although we cannot offer a reliable PEL price prediction over any timeframe, we could recommend some key factors that drive price action and volatility in the Propel token:

Level of Adoption of Propel Platform

Increased on-chain activity by developers and users of the Propel platform could support the value of PEL crypto. As more developers use Propel’s infrastructure to launch their dApps, the demand for the PEL token could increase among investors supporting the Propel crypto price.

Future Developments in Propel Ecosystem

News of the Propel team’s future partnerships, integrations, and investments could also drive investor interest in its native token. Such developments could also support the PEL to USD price in the crypto market.

Overall Crypto Market Sentiment

Market sentiment is crucial in determining price trends in the PEL token. A positive or bullish sentiment encourages buying activity, supporting the price of Propel crypto. On the other hand, a bearish or risk-averse mood among investors causes selloffs that weaken the PEL price.

What Is PEL Token Used For?

$PEL is the native token of the Propel ecosystem and serves the following purposes:

Utility Token of Propel

PEL is used as the fundamental utility token across a portfolio of Propel products. It plays a central role in reward-sharing mechanisms, liquidity provision, and safeguarding the protocol.

Decentralized Governance on Propel

PEL token holders can participate in platform decision-making processes through native token governance. This means that users can signal their preferences or vote on proposals to influence the development and direction of the Propel platform.

Staking to Participate in Launhpools and Earn Rewards

Users can stake their PEL tokens to earn rewards and participate in Launchpools. In return, users receive rewards in the form of additional PEL tokens.

Trade and HODL Propel (PEL)

PEL tokens can be traded on both centralized and decentralized cryptocurrency exchanges. KuCoin is a popular exchange where you can buy or sell Propel, with PEL/USDT a popular trading pair on the KuCoin Spot Market.

Who Are Propel’s Partners?

Propel has formed partnerships with several leading projects in the crypto industry, such as Pontoon, TechRate, BlockSec, Oddz Finance, ZeroSwap, Acknoledger, and more.

What Is Propel’s Tokenomics?

According to Propel’s official documentation, the total supply of PEL is fixed at 100 million tokens. The token distribution is given below:

1. 25.6% of the PEL supply is reserved for ecosystem and marketing.

2. 20% of tokens have been allotted for rewards.

3. 20% was distributed among the Propel team.

4. 13% was issued during Propel’s private sale.

5. 10% of PEL tokens have been kept aside as reserves.

6. 6% of $PEL was distributed in the seed round.

7. 5.4% was allocated for Propel’s public sale.

Propel (PEL) Price Analysis

Live Price

The live price of PEL is 0.007449 USD, representing a decrease of -5.55% in the past 7 days and -2.34% decrease in the past 24 hours.

Historical Trends

The all-time high of PEL was 0.419449 USD on 12-18, 2021, from which the coin is now down -98.22%.
The all-time low of PEL was 0.003647 USD, from which the coin is now up 51.03%.

ATL$ 0.003647

ATH$ 0.419449

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Disclaimer

Given the nature of the crypto market, the price of Propel (PEL) is subject to high market risk and price volatility. We recommend you invest in digital assets only after you understand how they work and their associated risks. Other factors to consider when devising your crypto investment strategy include your experience level, financial situation, investment objectives, and risk tolerance. You could also consult an independent financial advisor before buying cryptocurrencies. The above information is not financial advice, and past performance is not a reliable indicator of how the market will fare in the future. The value of your investments and assets may rise or fall based on market conditions, and there is no guarantee that you will get back the amount you invest or profit from your investments. Your investment decisions are your sole responsibility, and KuCoin is not responsible for any losses you may incur when you buy crypto on its platform. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information is provided to you solely for informational purposes and is not warranted by KuCoin.