Cryptocurrencies have become a part of our daily lives and are no longer something new in the financial world. Gradually more people are getting involved in the cryptocurrency world and start trading between different cryptocurrencies. However, no matter how accessible cryptocurrencies are today, there are some crypto assets that are not as easy to obtain as others. These are called privacy coins. One of the most popular private cryptocurrencies is Pirate Chain (ARRR). Although it is a cryptocurrency, you cannot buy it directly through Fiat similar to other digital currencies. To purchase the Pirate Series, you need to make additional transactions. At first, it might seem a little complicated, but it’s totally made for security. In this article, we share simple guides about How to Buy Pirate Chain (ARRR).
What is the pirate series?
It has been around since 2018 and is the first anonymous cryptocurrency that aims to be the most secure asset on the market. The main objective of Pirate Chain is to support the initial purpose of the blockchain technology that enables users to conduct financial transactions with complete anonymity.
Where can I buy the Corsair series?
There are many options available to buy Pirate Chain (ARRR). The most private and secure option to get a pirate series is as follows. By following this simple guide, you will learn how to buy Pirate Chain (ARRR).
1. You’ll need some Monero
If you are looking for a way to buy Pirate Chain (ARRR) while maintaining 100% anonymity, then this is the perfect choice. First, you need to buy some Monero. The best way to do this is via the LocalMonero website. It enables users to purchase Monero through various payment options ranging from gift cards to cash sent by mail. All you have to do is create an account that does not require KYC/AML verification, and buy some Monero through one of the available options.
2. Move to TradeOgre
Once you have Monero, you can trade it using a proprietary crypto like Pirate Chain on TradeOgre. It is a crypto exchange that provides anonymous transactions for many private coins. You need to create an account exactly the same as the LocalMonero website by registering without KYC/AML verification.
3. Get some bitcoin
Since you cannot trade Monero with the Pirate Chain on TradeOgre yet, you first need to buy some Bitcoin. To do this, you can exchange the Monero you already have with Bitcoin directly from TradeOgre.
4. Buying the Pirate Series (ARRR)
Now that you have Bitcoin, you can exchange it with Pirate Chain on TradeOgre. Simply visit the Bitcoin/Pirate Chain pair on the TradeOgre platform and type in the amount of ARRR you want to get, you are now a happy owner of one of the most anonymous cryptocurrencies!
Buy Pirate Series on Coinbase
Alternative to buy pirate series via Queen Piece. Although you cannot buy it directly from Coinbase, you can still buy other cryptocurrencies that will later be exchanged for ARRR. Here’s how to do it.
1. Create a Coinbase account
If you already have a Coinbase account, you can skip this step. For those who don’t, we’re here to share everything in detail. You can create an account directly from their website or via the IOS or Android app. It takes a few minutes to complete the simple registration. Visit their website or open the app, type in your email address and start registering your Coinbase account.
Additionally, you need to provide more personal information and complete security checks. The process includes phone number verification for two-factor authentication which is used to get notification if a change occurs to your account. You also need to select a payment option to get started. If you want instant transactions use your credit card and if you are not in a hurry you can use your bank account which takes about five days to complete the transaction.
2. Buy Bitcoin or Ethereum
Once you have your account setup completely, it’s time to move on to the next step. Choose one of the cryptocurrencies, either Bitcoin or Ethereum and make the purchase. Buy as much as you need to buy the Pirate Chain later.
3. Get the pirate series
Since Coinbase does not offer the Pirate Chain exchange, you need to go to another crypto exchange to finish the process. There are many other cryptocurrency exchange platforms that you can use, such as Binance or Gate.io. Choose one of the platforms and create an exchange account very similar to the previous registrations. Once you have that too, it’s time to buy some ARRR.
First, you need to transfer Bitcoin or Ethereum purchased from Coinbase to a cryptocurrency exchange which will take some time. It will take from a few minutes to hours. Upon completion of the transaction, you can exchange the cryptocurrency you already have with Pirate Chain (ARRR). This is the complete process of buying ARRR via Coinbase. After making a purchase, you can transfer your cryptocurrency to a trusted wallet, such as CoinStats Wallet. It enables you to manage, track and exchange cryptocurrencies in one place.
Exchanges that sell pirate chain
There are currently a number of exchanges available where you can purchase Pirate Chain. If you are looking for some ARRR, you can do so on the following exchanges: Gate.io, Bitcoin.com, and KuCoin. Apart from the platforms mentioned above, there are many other cryptocurrency exchanges available not only for the Pirate Chain but for other assets as well.
Hacker series for privacy and security
All cryptocurrencies offer various privacy and security features, while Pirate Chain takes a more serious approach to privacy. It is the first cryptocurrency to implement a mandatory and private use of the zk-SNARKS (zk-SNARKS) argument. It is a zero-knowledge proof protocol that enables one party to prove the validity of the statement to the other without disclosing any information beyond the validity of the statement itself. Proof-checking takes a few milliseconds. Zk-SNARKs is the most powerful privacy protocol in the cryptographic field.
for privacy Reasons, all ARRR addresses are by default only z-addresses, and all operands are exceptionally z-parameters. Meaning that the balance of each address is visible to its user only. The Pirate Chain provides traceless transactions, which means that no one can track the transactions since there is no trace outside the user’s wallet. Users’ privacy is further protected with Tor’s built-in compatibility.
As for the blockchain SafetyIt implements the Proof of Work algorithm provided by Komodo. Proof of Work is working on indexing the Pirate Chain blockchain on the Komodo and Bitcoin blockchains. So, in case someone tries to attack Pirate’s blockchain, they will need to beat Komodo and Bitcoin Blockchains first, which is practically impossible.
Now that you know how to buy Pirate Chain in the safest way, you can Start trading right away. Follow the live status and rates of the Pirate chain on trusted crypto wallet trackers like CoinStats to stay up to date with current news. If privacy is a priority for you, then Pirate Chain and other privacy coins are the perfect choice for you.