Particl stands out as both a privacy coin and a web3 platform dedicated to anonymous decentralized applications. Its primary offerings include the Particl Marketplace, a decentralized, eBay-style platform fostering private and unrestricted eCommerce, and BasicSwap, an anonymous cross-chain DEX platform supporting a variety of coins, like Monero.
The core mission of Particl is to establish a digital economy that champions privacy, liberty, and freedom, completely independent of the global fiat system. The platform is designed to be compatible with a wide range of cryptocurrencies, aiming to make its benefits accessible to as many people as possible, thereby safeguarding their privacy and freedoms.
## What is the PART Coin?
PART is the native privacy coin of the Particl platform. It uses RingCT to let you make untraceable currency transactions without revealing the sender, receiver, or amounts transferred.
PART also lets you take part in complex, confidential financial activities via the network’s anonymous dApps.
**PART is the platform’s native privacy and utility coin. It is used for:**
* Execute anonymous transactions that hide both the participants and amounts transferred
* Fees for processing transactions and storing data.
* Used as the settlement layer of Particl Marketplace
* Paying for publishing listings on Particl Marketplace.
* Used as moderation tokens when upvoting/downvoting content on Particl Marketplace.
* Used for governance votes to determine how network resources are allocated.
**PART’s technical specifications:**
* Based on the latest version of the Bitcoin codebase (currently 25.0)
* Particl Proof-of-Stake (PPoS), including cold staking and staking pools since 2017
* Block time of 2 minutes
* Segwit-enabled
* Taproot-enabled
* Confidential Transactions (CT) enabled
* RingCT-enabled
## What is Particl Marketplace
Particl Marketplace is a decentralized, anonymous online marketplace similar to eBay but running exclusively on blockchain and P2P technology. It connects buyers and sellers across the globe, facilitating the trading of goods and services without borders, sales fees, or restrictions of any kind.
This marketplace features a trustless, two-party escrow system, ensuring secure transactions between users who may not know each other, and all transactions are made using the PART privacy coin, thus maintaining anonymity from start to finish. The marketplace provides exceptional levels of user data protection as it doesn't generate any data or metadata, thus eliminating any risk of data leaks, mining, or misuse.
Operating entirely on the Particl network, the marketplace functions autonomously, with each participating user's node contributing to its decentralization. This structure ensures there is no central authority or third-party involvement at any stage of the process.
## What is BasicSwap DEX
BasicSwap is a privacy-focused, cross-chain, and atomic swap-based decentralized exchange (DEX) that enables trading of various cryptocurrencies, including Bitcoin, Monero, and Particl, without the need for intermediaries. Its distributed order book allows users to place or accept orders free of charge, facilitating trades in a free and open environment devoid of central points of failure.
Developed as a countermeasure to not only the invasive data collection and privacy concerns prevalent in today's cryptocurrency exchanges, but also their custodianship risks, BasicSwap aims to provide a more reasonable and secure trading environment without fees. Its goal is to contribute to the growth of cryptocurrencies as a digital economy completely independent of the global fiat system.
How to Buy PART on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing PART. Some reputable platforms include LBNK, Okx, Kraken, and others.
Step 2: Register an Account
Here, we'll register an account on the OKX (registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing PART.
Step 5: Purchase PART
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of PART you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy PART.
Step 6: Store Your PART
After purchasing, you can choose to store your PART in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and PART assets, be sure to use a strong password and enable two-factor authentication.
PART Price:Particl is both a privacy coin and a web3 platform dedicated to anonymous decentralized applications.The price fluctuates daily, and as of March 30, 2024, the highest price for PART was $21.73.
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