Portal (PORTAL) presents itself as a pioneering force in the gaming sector, aiming to offer a frictionless gateway to Web3 games for mainstream gamers. It represents the 47th Launchpool initiative by Binance, promising a streamlined experience for users. This article delves into various aspects of Portal, including the functionality of its native token, PORTAL coin, and how it can be acquired.
What Are Portal’s Key Features?
Portal includes essential products to improve gaming interaction and foster community involvement. The platform features a Cross-Chain Coin, allowing transactions across multiple Blockchain networks. Its Discovery platform helps users find and engage with leading Web3 games. The Game Wallet, secured through Web2 authentication, offers a non-custodial solution for account creation. Portal’s infrastructure is supported by the Node Network, while the Stake-To-Access feature provides access to exclusive releases via the Portal Launchpad.
Why Invest in Portal?
As of February 21, 2024, Portal has successfully raised $29 million through various sales, earmarking 33% of the total token supply for platform development and ecosystem growth. With an overall token supply of 1 billion, around 16.71% will circulate following its Binance debut. Portal’s ambition is to attract one billion players to Web3 using its LayerZero-enhanced platform and native token, aiming to spur Blockchain adoption in gaming, supported by industry veterans and a community exceeding 500,000 members.
- Portal features an innovative single account system, eliminating the need for token swaps or purchases across chains.
- The native PORTAL coin facilitates transactions, cross-chain fees, staking, and network validation.
- Portal coin supports purchases and fee payments within the platform, enhancing user experience across different Blockchain networks.
PORTAL coin is accessible on Binance, the world’s leading cryptocurrency exchange. Set to list on February 29, 2024, trading pairs will include PORTAL/BTC, PORTAL/USDT, PORTAL/BNB, PORTAL/FDUSD, and PORTAL/TRY. To acquire PORTAL coin, users need a Binance account and completed transfers of cryptocurrency or fiat currency. Once set up, users can proceed with transactions using these pairs.
On the Binance platform, purchasing through the PORTAL/USDT pair involves navigating to the trading interface, selecting the desired amount, and executing the Buy PORTAL order. This process ensures users can seamlessly engage with the growing Web3 gaming ecosystem via Portal.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
