What is POE Cryptocurrency?

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More creators are interested in the POE coin these days.

Po.et has a tool to crowdsource digital rights.

The Po.et Cryptocurrency

A way to use the blockchain to help creators and publishers. Po.et and the POE token will allow creators (or any person with digital assets) to protect their content using a decentralized blockchain.

How to buy the POE token?

POE Token?

Po.et is an open-sourced and shared universal ledger that will allow creators to record metadata and ownership information for their digital assets. Po.et has continuation Proof of Existence for this process. Po.et wants to create a globally verified record of digital assets and create a framework for building smart, interoperable media apps.

In the future, Po.et’s POE token will be used as an optional payment method for services on the Po.et network. A few benefits of the POE token includes:

  • using POE tokens to gain access to a marketplace to enhance discovery of their content on the network.
  • staking POE tokens as a form of reputation to incentivize high-quality content on the network.
  • holding POE tokens to gain voting rights for improvements, disputes, and other causes.

Why Buy POE?

The main reason to buy the POE token is to invest in a company that wants to provide a better method for creators to protect their digital assets. With the help of Po.et, creators can generate immutable and timestamped titles as well as license and register assets. The metadata will stay safe, verifiable, and immutable thanks to the blockchain.

For more information about the POE token and Po.et, check out the official site.


How to Buy POE?

This is one of the easiest methods for buying POE. In this method, we will use Coinbase, GDAX, and Binance. It is possible to skip Step 1 if you already have a verified GDAX account.

Step 1 Coinbase – How to Buy POE

Use the Coinbase app to buy some Ethereum (ETH).

Coinbase App to Buy NEO, Buy POE, Buy Nano, and to Buy WTC

Step 2 GDAX – How to Buy POE

Go to GDAX and sign in using your Coinbase information.
You’ll have to verify if this is your first time using GDAX.

In your GDAX account, deposit ETH from your Coinbase account. To do this, select ETH/USD from the drop-down, and then select DEPOSIT.

GDAX ETH or BTC
GDAX Deposit Bitcoin or Withdraw Bitcoin

In the DEPOSIT FUNDS window, select the COINBASE ACCOUNT tab. Enter the source (ETH wallet) and then enter the amount.

Select the blue Deposit funds button to finish this process.

GDAX Deposits

This process is fast! After you have the Ethereum in your GDAX account, you can send it to Binance after getting the Binance Deposit Address for your account.

Step 3 Binance – How to Buy POE

Go to Binance (my referral link) and REGISTER for a new account.
You’ll need to verify if you plan to do big orders.

In your Binance account, select FUNDS and then DEPOSITS.Binance Funds What is NEO Blockchain

Select Ethereum and then you’ll see the Ethereum Deposit Address. Copy the address and head back to GDAX.

Binance ETH Deposit Address

Step 4 – How to Buy POE

On GDAX, select ETH/USD and then select WITHDRAW.

GDAX ETH or BTC

GDAX Deposit Bitcoin or Withdraw Bitcoin

In the WITHDRAW FUNDS window, click the ETH Address tab. Paste your copied Deposit Address from Binance. Make sure the address ETH on GDAX matches with Binance. Enter your Amount. Click on the blue Get Code button to get your verification code.

Select the blue Withdraw funds button to finish this process.

GDAX Withdraw

Check the wallet address. Send (Ethereum) ETH to ETH ONLY.

Step 5 – How to Buy POE

Wait for the Binance notification email that your funds have been deposited into your Binance account. This can take up to 30 minutes.

Binance Deposit Success

Step 6 – How to Buy POE

Now you can go invest in Po.et, go to the Binance exchange and buy some POE using ETH.