PinkSale Finance Coin Overview – What is PinkSale Crypto?

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Most projects launch their own token so that they are not dependent on any other project. This helps them to grow their ecosystem into a self-sustainable one. One such project is PinkSale Finance.

PinkSale Finance is a launchpad protocol that aims to be a big contributor to the building of the decentralized finance (DeFi) ecosystem. They claim to be decentralized and continuously work towards achieving a greater level of decentralization. Until today, PinkSale has helped more than 9000 projects raise funds on presales, accounting for more than $350 million in locked liquidity. PinkSale Finance supports seven different blockchains, including Binance Smart Chain, Ethereum, Fantom, and Polygon. 

But, what is PinkSale crypto? What is the function of the PINKSALE token? This article will focus on just that, where we present a PinkSale Finance coin overview. 

What is PinkSale Crypto?

In essence, PinkSale is a launchpad protocol that wants to help build the DeFi ecosystem. Its platform offers much more than just launchpad services, though. Through PinkSale Finance, everyone can create and launch their own token and even create an airdrop for their brand new token. You can create an airdrop for an existing project as well. These services come with a fee, of course. However, these fees are lower than on most other platforms that offer such services. The prices range from 0.2 BNB to 1 BNB.

Now, let’s talk about the PinkSale token. This token has PINKSALE as its ticker and its price chart can be found on CoinMarketCap, CoinGecko, and DexTools, among other platforms. According to its whitepaper, Pinksale (PINKSALE) is a utility token that can be used to pay for any fees on the PinkSale Finance platform. At the end of every quarter of the year, the team of PinkSale will use 20% of their profits and buy PINKSALE in order to burn it. This process is done to make the PINKSALE token as deflationary as possible.

 

PinkSale Finance Coin Overview

Let us take a look at the basics of this token. First off, according to CoinGecko, PINKSALE made its debut on the 27th of July 2021 with a price of $119.21. Moreover, CoinGecko reports that PINKSALE has a maximum supply of 100,000 tokens. Having a capped supply and implementing a bun mechanism just as PinkSale is doing is usually a very healthy thing for the price of a token. PINKSALE has an all-time high of $220 and it hit it back on the 3rd of March 2022. The lowest price this token ever hit was $47.50; a price it hit 8 months ago. 

At the time of writing, PINKSALE has a trading value of $169.50 and a 24h trading volume of $157,000. 

How Do I Get PinkSale Crypto?

Purchasing PinkSale is similar to purchasing any token that operates on the Binance Smart Chain. That being said, you can purchase PINKSALE using PancakeSwap – the biggest BSC decentralized exchange. PancakeSwap is not the only place you can purchase PINKSALE, however. You can do so through Hoo – a major centralized exchange – as well.

To buy this token using PancakeSwap, follow these steps:

  1. Create an Account on a Centralized Exchange
  2. Buy Binance Coin (BNB)
  3. Create a TrustWallet/MetaMask Wallet
  4. Fund Your Wallet Using BNB
  5. Go to PancakeSwap and Execute the Trade

To buy this token using Hoo, follow these steps:

  1. Create an Account on Hoo
  2. Verify Your Account
  3. Fund Your Account
  4. Find the PINKSALE/USDT Market Pair
  5. Purchase PINKSALE

Takeaways

  • PinkSale Finance is a launchpad protocol that offers services such as launchpads and airdrops. It even offers the service of helping you create a token for just 0.2 BNB.
  • This launchpad protocol claims to be decentralized. This way, they aim to help build the decentralized finance (DeFi) ecosystem.
  • Its token, PINKSALE, is a BEP-20 token that was launched on the Binance Smart Chain back in mid-2021.
    • The price chart of the PinkSale (PINKSALE) can be found in CoinGecko, CoinMarketCap, and DexTools.
    • This token has a capped supply of 100,000 PINKSALE. The highest price it has ever had is $220.

 

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