Where to Buy Prometeus (PROM) Coin

What is Prometeus (PROM) Coin

Prometheus is an open-source systems monitoring and alerting toolkit originally built at SoundCloud. Since its inception in 2012, many companies and organizations have adopted Prometheus, and the project has a very active developer and user community. It is now a standalone open source project and maintained independently of any company. To emphasize this, and to clarify the project’s governance structure, Prometheus joined the Cloud Native Computing Foundation in 2016 as the second hosted project, after Kubernetes. Prometheus collects and stores its metrics as time series data, i.e. metrics information is stored with the timestamp at which it was recorded, alongside optional key-value pairs called labels.

  • Prometeus is a layer 2 decentralized framework built by Prometeus Labs that aims to provide trustless and anonymous data storage and exchange. Communication between Prometeus nodes occurs on Binance Smart Chain, while digital content is stored utilizing Arweave and distributed via Sia Skynet.
  • PROM is the native utility token of Prometeus and is planned to serve the following functions:
    • Network Consensus: upon mainnet launch, users will need to stake PROM to participate in the Proof of Staked Authority (PoSA) network consensus and receive PROM rewards in return.
    • Payments: PROM also serves as the medium of payment for services on Prometeus-based applications, such as Stoa (a decentralized data monetization platform) and Ignite (a decentralized social network).
  • The protocol consists of the following major components:
    • Service Nodes: manage data storage and access rights, in addition to securing the network.
    • Validators: perform authentication of market data and bear responsibility for payments of rewards.
    • DataMarts: perform secure searches of the data stored throughout the network and offer purchase access for consumers.
  • The project raised 4.85MM USD for 24.25% of the PROM total token supply in June 2019. 4.00MM USD was raised in a private sale and an additional 0.85MM in an IEO. The price for both rounds was 1.00 USD / PROM.

How To Buy Prometeus (PROM) Coin

1.Step: Everyone who is planning to invest in or benefit from the advantages of cryptocurrencies wonders the answer to Where to buy Prom coin question. First, you need an online wallet to buy cryptocurrencies. You need to sign up to Binance exchange from here, which is preferred globally to buy coins and you can buy coins with fiat currencies. You can quickly access many assets and trade types such as altcoins, future markets, and margin by creating a Binance account.

2.Step: Complete your registration by typing an email to the email section or typing your phone number on the section available on the mobile tab. Click/tap on the “Buy Crypto with Your Credit Card” option after the registration and verify your identity.

3.Step: Continue the process by typing the amount you would like to invest and your preferred cryptocurrency. Keep in mind that for security reasons, your credit card/debit cardholder information must match with the name available on your account. If you would like to buy cryptocurrencies with a wire transfer, you need to follow the Buy Crypto > Third-Party Payment options to pick your preferred fiat currency to buy cryptocurrencies.

4.Step: If the cryptocurrency you are planning to buy is not available on the list, buy USDT “You can always redeem 1 USDT Coin for US $1.00”. You can buy any coin you want with USDT by following Buy-Sell > Classic steps. We have provided the answer to How to buy Prometeus coin, now you can view the cryptocurrencies you bought by clicking on the wallet summary available on your Binance account. You can sell your assets when their value increases, or you can withdraw them to your bank account in desired fiat currency.

How Much is a Prometeus (PROM) Coin

Prometeus (PROM) coin prices are updated instantly in USD, Euro, Sterling currencies in the following table.

$ 4.78
Prometeus (PROM)

Prometeus (PROM) Coin Review

You can learn more about Prometeus (PROM) coin reviews and information on cryptocurrencies by visiting their official page available in the following.