If you are looking to buy Prometheus there are many exchanges, each with its own pairs to buy Prometheus. Although the most common is to be able to buy Prometeus with USDT, in the PROM/USDT pair. To buy Prometeus depending on the platform, you will be able to deposit funds by credit card, paypal or bank transfer to be able to use your money to use Prometeus. The fastest way is to use your credit card or paypal, to get the funds in your account as soon as possible.
We are going to focus first on how you can buy Prometeus to add it to your portfolio, and later on you can find more information about this interesting project, to learn more about it.
Where to buy Prometeus
If you want to buy Prometeus paying the lowest commissions and with the highest security, then you should use Binance. Binance is the most popular and secure platform for buying cryptocurrencies with great ease of use. If you have never used Binance, you can create an account here, and watch the step-by-step guide to buying Prometeus in the video below, so you won’t have any doubts.
In case you can’t watch the video, here is a step-by-step to understand it better.
Step by step
The first thing you need to do, is to create an account with Binance to follow the steps that we will now see, above you will find a link to do so.
With your account created, the next step is to log in and deposit funds. For me, the most practical way is by credit card, although it has a 1.8% commission, you can have the balance instantly in your account, while with a wire transfer, there is no commission, but you must wait a few days to have the balance available.
With your funds, we must first buy a stablecoin or another cryptocurrency, in my case, I like to use USDT (Tether). To do this, go to markets/markets, and click on FIAT market. Here, we will look for our currency, in my case Euros (EUR). And you will see the EUR/USDT pair. Click on this pair, and go to the red sell button. Since we must change the Euros for USDT. Indicate the amount of euros you want to change or your currency for USDT. Click on sell and that’s it, you have USDT.
With the USDT in your balance, you must go again to markets, FIAT market, and search this time for PROM. Search for PROM. and not Prometheus, as PROM. is an acronym and if you enter Prometheus you may not find it. Once you search for PROM. you will see the pair PROM./USDT. Click on it, and now go to the buy part with the green button. Here, indicate the amount of USDT (Tether), which we bought earlier, you want to use to buy Prometheus, and click on buy. With this, you will have Prometeus in your balance.
You can go back to the main panel to see it, and if you want to withdraw it, you must click on the Prometeus cryptocurrency, withdraw, and enter the address you want to withdraw it to, whether it is your metamask wallet, another exchange or another platform.
What is Prometheus?
The Prometeus ecosystem is a decentralised and secure framework that enables the storage and exchange of data in a fully anonymous and trustless way.
Prometeus was designed first and foremost as a marketplace for data exchange. The Prometeus data exchange platform, called Stoa, allows people to earn rewards by selling their personal data or the fruits of their labour stored as files. For example, it allows artists to earn rewards from their followers by selling them original music, videos, photos, etc. It serves as a decentralised, cross-sector hub for big data (healthcare, finance, public, research, retail, marketing) and connects data providers in any sector with data consumers.
One day we discovered that our community lacks an environment in which to discuss data trading agreements securely and anonymously. To respond to this request, we have been implementing and developing an infrastructure that provides more freedom to people through the public blockchain, as conventional social networks and messaging services have been limiting the freedom of communications.
This is how they started their second product Ignite: a decentralised, firewall-resistant microblogging service that provides a censorship-free space for people to express themselves, even if their opinion goes against the mainstream. Ignite is purely community-driven, with no centralised governance.
At Prometheus Labs we believe that only freedom of information exchange (including freedom of expression) can move the whole world forward. No one but you should decide how to manage your personal data. Even unpopular opinions deserve to be heard.
Our mission is to facilitate the free flow of information online, fostering global communication that supports individual freedom without any form of censorship. Due to their decentralised nature, Prometheus products are not governed by anyone and cannot be blocked by any barriers or firewalls.
We hope that our products will become a step forward in the long journey of humanity’s evolution towards a free and independent digital society.
The business logic based on smart contracts distributes all value across the network in a sustainable and transparent way. All transactional information is stored immutably on a public blockchain.
Privacy and security
No KYC or personal identification is required. All data is encrypted while being uploaded to our robust and secure distributed data storage. No one can access the data without buying it.
Prometheus network data is stored forever in a distributed data storage.
Due to its nature, no data in the Prometheus network can be censored: any censorship is impossible by design. Reputation management is handled by our self-regulating community.
Everyone can share their opinion freely through text and multimedia files. They are stored immutably for tens of years and cannot be blocked by any form of barrier or firewall.
Buy and sell any data (documents, photos, videos, etc.) in a secure and decentralised way. The entire process is anonymous and requires no identity verification.