How to Buy $PRCL Tokens on BingX

In this guide, we will show you how to buy $PRCL tokens using BingX, an advanced cryptocurrency exchange trusted by over 5 million users worldwide. BingX supports 800+ cryptocurrencies, and it is known for its high trading leverage, robust security features, user-friendly interface, and advanced trading tools. The platform trading fees are set at 0.10% for both makers and takers.

Buy $PRCL!

BingX also supports experienced traders with higher risk tolerance by giving them a leverage of up to 200x. Users can optimize their investment returns by opting for advanced trading tools like copy trading and bot trading. Plus, new users can get up to $5,000 after signing up for the platform. Please note that BingX is not a KYC-compliant exchange. If you prefer using a KYC-compliant exchange, there are other options you can explore.

The following are all the steps for buying $PRCL tokens on BingX:

Step 1: Open your browser and go to BingX. Sign up for an account to begin trading. No KYC is required.

Step 2: Once registered, navigate to the homepage. Hover over the “Spot” tab on the toolbar, then click on “Spot” from the dropdown menu.

Step 3: On the Spot trading platform, click the “Asset” dropdown to view all available cryptocurrencies.

Step 4: In the search bar, type “PRCL” and select the PRCL/USDT trading pair to buy Parcl.

Step 5: The PRCL/USDT chart will appear with price data, order books, and Buy/Sell tools.

Step 6: On the right-hand panel, locate the Buy/Sell section and choose either a Market or Limit order.

Step 7: Enter the USDT amount in the “Total” field or use the slider to allocate a percentage of your USDT for the purchase.

Step 8: Once everything looks good, click on “Buy PRCL” to confirm the transaction.

Fees When Buying Parcl on BingX

Trading fees on BingX remain competitive, matching other well-known exchanges. It charges 0.1% per trade. For a $100 $PRCL purchase, you’ll pay $0.10 and receive $99.90 in return.

How to Transfer $PRCL to a Web3 Wallet (Phantom)

Purchasing $PRCL tokens is just the first step toward accessing everything Parcl offers. Since the platform is built on Solana, many users move their tokens to a Web3 wallet like Phantom to take full ownership and interact directly with the Parcl ecosystem. Whether you’re tracking real estate market trends or preparing to engage with future utility features, having control over your $PRCL in a secure, Solana-compatible wallet is essential. Just be sure to double-check network details during the transfer, as incorrect steps can lead to a permanent loss of tokens.

Step 1: Hover over the “Asset” icon at the top and select “Withdraw” from the dropdown.

Step 2: On the withdrawal page, choose “PRCL” in the “Select Currency” field.

Step 3: Open your Parcl-compatible Web3 wallet, copy your receive address, and paste it into the “Withdrawal Address” field.

Step 4: From the “Network” dropdown, choose Parcl.

Step 5: In the “Withdrawal Amount” field, enter how much PRCL you want to transfer.

Step 6: Review all withdrawal details and click “Withdraw” to complete the transfer.

Use the TXN ID on Solscan to monitor the transfer. Once confirmed on the blockchain, your $PRCL tokens will show up in your connected Web3 wallet.

Buy $PRCL!

Parcl Explained

Parcl is one of the most innovative Solana projects, offering a decentralized way to trade real estate markets through synthetic assets. Instead of buying physical property, users can gain exposure to global real estate indices, like New York or Miami, using perpetual futures. Built as an AMM on Solana, Parcl uses isolated pools to ensure market efficiency, risk control, and liquidity.

Its utility token, $PRCL, powers the platform by enabling governance, staking, and potential rewards for liquidity providers. With fast transactions and low fees, Parcl is reshaping real estate investing for crypto-native users.

Bottom Line

Parcl stands out among Solana projects for its unique take on real estate investing through synthetic markets, offering real-time exposure to global property trends. If you’re looking into $PRCL, consider exploring its role beyond trading; from governance to staking and liquidity provision. The tech behind it is well-structured, especially with isolated pools for managing risk and ensuring market stability.

FAQs

1. Do I need a specific wallet to hold $PRCL?

Yes, $PRCL is a Solana-based token, so you’ll need a Solana-compatible wallet like Phantom, Backpack, or Solflare. For extra security, consider linking your wallet to a Ledger hardware device.

2. Can I send $PRCL to an Ethereum or BNB wallet?

No. $PRCL is native to Solana. Transferring it to non-Solana wallets like Ethereum or BNB Chain addresses will permanently result in the loss of your funds.

3. Can I stake $PRCL?

Yes. Some platforms and Solana wallets allow staking $PRCL. You can earn rewards while supporting network governance and unlocking premium features on Parcl.

4. What is $PRCL used for in the Parcl ecosystem?

$PRCL acts as the utility token powering activity on Parcl. It’s used for governance, staking, and potentially earning rewards through future protocol upgrades.

5. Can I provide liquidity with $PRCL on DeFi platforms?

Yes, $PRCL can be paired in liquidity pools on Solana-based DEXs like Orca or Raydium, allowing you to earn LP rewards and fees.