Are you looking to buy or sell PTGN, the decentralized stable digital currency, on the PATGEN Exchange?
This guide will walk you through the step-by-step process of trading PTGN and converting it to fiat currency or purchasing it using your local currency.
What is PTGN?
PTGN is a decentralized stable digital currency that operates on the Pan-African TransGenerational Network (PATGEN) Protocol. With a fixed exchange rate of 1 PTGN = 1000 units of any African currency, PTGN is designed to facilitate seamless transactions across the continent.
The PATGEN Exchange is an extension of the Patgen Wallet that allows users to easily convert PTGN to fiat currency (sell PTGN) or convert fiat currency to PTGN (buy PTGN).
Let’s go into how you can buy and sell PTGN using the PATGEN Exchange.
How to Buy PTGN on PATGEN Exchange
Step 1: Login to Patgen Wallet
Start by logging into your Patgen Wallet. Once logged in, navigate to the “Exchange” section, which will lead you to the PATGEN Exchange interface.
Step 2: Click on “Buy PTGN”
Once in the exchange section, click on the “Buy PTGN” option.
Step 3: Fill in the Purchase Details
To complete your purchase request, provide the following details:
– Choose your country’s currency
– Enter the amount of PTGN you wish to buy
– Enter your full name
Step 4: Click on “Get Exchangers”
After filling in your details, click on the “Get Exchangers” button. This will generate a list of Verified Patgen Exchangers who are currently selling PTGN.
Step 5: Make Payment
Select an exchanger from the list and make a bank transfer to their account using the bank details provided. Ensure the exchanger is online or reach out to them privately for a faster transaction.
Step 6: Confirm Payment
After making the transfer, click on “Confirm Payment”. The exchanger will then release the purchased PTGN to your Patgen Wallet once they receive the payment.
How to Sell PTGN on PATGEN Exchange
Step 1: Login to Patgen Wallet
Just like when buying PTGN, start by logging into your Patgen Wallet and navigating to the “Exchange” section.
Step 2: Click on “Sell PTGN”
In the exchange section, click on “Sell PTGN” to initiate the selling process.
Step 3: Fill in the Selling Details
Provide the following details:
– Choose your country’s currency
– Enter the amount of PTGN you wish to sell
– Enter your full name
– Enter your bank account details (Account number and bank name) where you’d like to receive your payment.
Step 4: Click on “Get Exchangers”
After entering the details, click on “Get Exchangers”. You’ll see a list of verified exchangers who are currently buying PTGN.
Step 5: Sell to Exchanger
Before selecting an exchanger, check the minimum and maximum PTGN amounts they are willing to buy. Ensure the exchanger can afford your transaction, then click on “Sell to Exchanger”.
Step 6: Complete the Transaction
After placing the sell order, the exchanger will send the equivalent fiat currency to your bank account. Once you confirm the receipt of the funds, go to the “Manage Orders” page in your Patgen Wallet and confirm the order to release the PTGN to the exchanger’s wallet.
Important Tips for a Smooth Transaction on PATGEN Exchange:
– Always ensure the exchanger is online or communicate with them privately for faster transaction processing.
– Double-check the exchanger’s transaction limits to avoid delays.
– Keep track of your transactions in the “Manage Orders” section to ensure a smooth and secure process.
By following these simple steps, you can easily buy and sell PTGN on the PATGEN Exchange, enjoying the seamless, decentralized trading of PTGN digital currency.