With the increasing number of cryptocurrency traders and trading, there is a need to track investments and tokens that can help cryptocurrency traders to expand their portfolios. And Poocoin is the solution for traders that can help traders without wasting their time. In this article, you will learn about Poocoin and almost everything about it.
Let’s start.
What Is PooCoin?
The poocoin is a decentralized analytics and finance trade website that support major currencies such as KuChain, Polygon, and Binance. The main purpose of the app is to provide information about different cryptocurrencies which are on various exchange platforms. If you want to increase your crypto portfolio, then you can visit PooCoin’s official website.
The PooCoin website provides an index for all token contracts. This includes buying and selling charts in a real-time projection, trade widgets, wallet holdings, and market caps, and there are other unique features as well. If you take the premium features, then you can track multiple wallets for users who are interested.
What Makes This PooCoin Unique?
PooCoin has upgraded their application a few times from the time it was released. Their main motive was to improve their functionality and add some new features. For instance, they introduced a feature that allowed the users to check their entry points directly on the chart to start tracking the trade process.
It also has a feature called rug check which allows the user to check the integrity of the token. Moreover,it has a swapping option that users can use to swap coins directly into the app. There is an external tool page that shows the other tools which might be useful for BSC conveniently. There is also a dev wallet checker which checks the dodgy developer action, like slow rugs, as well as developer dumps.
Along with these features, PooCoin also has a few premium features for the coin holders. Holding PooCoin worth $100 in the liquidity pool lets users track the wallets of other traders and also allows them to disable ads.
If the user holds $300 then the liquidity pool allows them to display their trades and also enables the tab for wallet transactions. If the user holds $2000, then they unlock the final level, where the user can view the trading websites as well as the tokens in various timescales and also list the most popular tokens.
How Many PooCoinCoins Are In Circulation Currently?
The total number of POOCOIN tokens circulating is 10 million. The deployer token holds 25% of it. an 8% fee is charged for every transaction. Out of this 8%, 4% is burned and the other 4% is redistributed.in one transaction a trader cannot trade more than 100,000 POCOIN.
This is done to maintain price stability and form a deflationary dynamic which keeps the token rising in the long term. There are other tokens as well that follow the similar mechanism. Ethereum also introduced this burning part as their latest update as a part of their transaction fees.
PooCoin Features
Here are the features that you will get in the PooCoin platform.
1. News
One of the best features of the PooCoin App is the News, and you will find it in the About tab. It is basically a place where you can read upcoming articles, where you can learn about various chains and coins that PooCoin supports. But, the viewable articles are old, the last time an article was published was in August 2021.
2. Poocoin Charts
Now, coming to the second feature, which is called the PooCoin Charts. You can see price charts for different tokens in the preferred exchange. First, you need to connect with our wallet, and then you can use that part in the app or website. And finally, you can see the telegram public chat or search different tabs to know where your tokens are placed.
After opening the PooCoin chart, you will see a dashboard with details of reading candles, the selling behavior of a contract, analyzing purchases, and dealing with the actual price. Here are the details.
- Liquidity- how simple it is to trade one token for another
- Reading Contracts- this feature enables its users to view any token’s liquidity status and transactions
- Transactions- it is completely transparent transaction data
3. Multi-Chain Support
This feature allows users to change between chains quickly, and all they need to do is to click once. Suppose you are connected to the app, then you are allowed to change or switch from one network to another. But remember, you need to connect to the app if before switching.
4. Buy and Sell
It is all about trading cryptocurrencies, and this makes buying and selling coins are the most important thing. When you explore trading with this application, you will see that there will be in-depth metrics. And for different coins, there are different metrics for buying and selling. You will also learn about the specific blockchain transactions which come from block explorers.
5. Widget
There is another feature that is quite famous. It is called the widget. But what is it? It is basically a widget that helps users to see beneath the PooCoin chart. The main purpose of this feature is to make trading easy, and users can save time while buying and selling tokens. You can just watch and then start trading anything without even visiting a decentralized exchange such as PancakeSwap.
6. Wallet Tracking
It is another useful feature that allows users to see every token that is associated with the linked wallet for KCC, BNB, and the Polygon chain. You can also check the current value of your wallet’s balance in USD. But you should be careful enough for potential dusting scams.
It is basically a common tactic that hackers use by delivering “dust.” It is the minimal quantities of cryptocurrencies in the target holders’ wallets. Hackers do this trick to know about cryptocurrency holders, and they do it anonymously.
PooCoin: Pros and Cons
Before making your decision whether to use the PooCoin network or not, let’s go through the pros and cons of this platform.
Pros
- PooCoin Application supports the three biggest blockchain ecosystems.
- There is a prominent on-chain analytical tool for KCC, BNB, and Polygon Chains.
- There are more than 10 million website visits.
- As of now, there are over 66,000 holders.
- There is no need to sign up to use all the features and experience the platform.
Cons
- Suppose we have to talk about trust and credibility. Then there are not enough reasons for that.
- In the global ranking, the platform has been decreasing its rank.
- There are people who have reported this platform as a scam.
- One of the major cons of this platform is that you can not trade more than 100,000 in one transaction.
PooCoin Price Chart
When you start using the platform, there will be different subscription plans. And each subscription has different features, but all transactions will charge you with 8% fee. The premium subscriptions are there to create or remove liquidity poos. The premium tier 1 will cost you $100 worth of PooCoin, the premium tier 2 will cost you $300 worth of PooCoin, and the premium tier 3 will cost you $2,000 worth of PooCoin.
| Tier | Track Wallets | Ads Disable | Trade Showing for Tracked Wallets | View Tokens and Websites |
| Premium Tier 1 | Yes | Yes | No | No |
| Premium Tier 2 | Yes | Yes | Yes | No |
| Premium Tier 3 | Yes | Yes | Yes | Yes |
How To Buy PooCoin
Here are the steps that you need to follow to buy PooCoin.
- The first step is to buy BNB with a licensed exchange or broker such as Binance.
- Now, you need to transfer your BNB coins to your wallet.
- The next step is to sync your wallet with any decentralized Exchange.
- You can put the amount that you want to swap.
Here are some PooCoin.App alternatives that you may be familiar with.
- CoinMarketCap
- CryptoWatch
- Coinranking.com
Our Verdict
However, there are some trust issues with the platform, but there is no doubt that PooCoi is one of the famous portfolios and DApp in the market right now. And the platform supports the major three blockchains, so you can trust that. So, after every small and large matter with the platform, you can do thorough research before investing time and effort into this platform.
Thank You.
Read Also:
