Learn About PooCoin – The MOST DETAILED Guide To Using Poocoin App

PooCoin is not only the name of a token, but also the name of a chart analysis website that tracks the prices and fluctuations of other coins. The features of the PooCoin App have made it one of the most widely used decentralized DeFi websites for analysis today. For those who are new to this market, and still don’t know what the Poocoin app is, how to use the Poocoin website, or have no information about the Poocoin token — don’t skip this article!

1. WHAT IS POOCOIN?

PooCoin, or Poocoin.app, is a website that provides tools and features to support cryptocurrency trading analysis across three blockchains: KuChain, Polygon, and Binance Chain. It is also ranked among the top 1,000 most visited websites in the world. In fact, the ranking of the Poocoin website is even higher than PancakeSwap — the largest decentralized exchange by liquidity on the Binance Smart Chain.

1.1. PooCoin Project Development Team and Founders

The PooCoin project was launched in March 2021 through a public token release. Both the development team and the project’s founder remain anonymous. This is not uncommon for projects on the Binance Smart Chain. Not only PooCoin BSC, but many anonymous-founder projects have still achieved notable success in this market.

Just one day after the public sale of the Poocoin token concluded, the Poocoin Chart feature was launched. Features like ranking updates and coin promotion were subsequently released. Today, the features on the Poocoin App have been supplemented, improved, and are fully accessible on its website.

1.2. What Makes the Poocoin App Different?

When it comes to what sets this DeFi website apart, many will immediately think of the 8% fee on every transaction. Of this, half is distributed to Poocoin token holders, while the other half is permanently burned. Anyone familiar with DeFi projects in this space can likely guess that this mechanism is designed to encourage investors to hold Poocoin tokens and receive distributed fees as a form of passive income.

At the same time, users who hold at least $100 worth of Poocoin/BNB in the Liquidity Pool will be allowed to track other traders’ wallets and disable ads. The higher the amount of Poocoin held, the more premium features and benefits the user receives. For full details, users can refer to the Poocoin Premium section. In addition, one of the most popular and standout features of this website is the Poocoin Multichart. The full explanation and usage of this feature will be presented in the next part of this article by Finance Solutes.

2. HOW TO USE FEATURES ON THE POOCOIN WEBSITE

The applications on Poocoin have been updated several times to enhance functionality and introduce new features. For example, users can now directly view entry positions on the chart, making it easier to follow trades in real time. Below are detailed instructions to help you easily navigate and use the website.

2.1. Poocoin Chart

The most prominent and essential feature of the Poocoin App is the Poocoin Chart. The amount of time users spend on this platform to track token price movements has kept it among the top DEX platforms with the highest user retention rates.

As soon as you enter the Poocoin website, you’ll see the chart interface. All you need to do is search for the token name in the “Enter token name/address …” field or connect your crypto wallet to monitor the tokens you own. For example, you can search for “poocoin RACA” or input its smart contract address to view the chart for that token.

Not only does the Poocoin Chart section display token price charts, but its interface also provides several other useful pieces of information:

• Liquidity: Liquidity information is displayed on the left side of the chart, detailing token pairs being traded together. Additionally, the Poocoin app will show you who the top holders of that token are.
• Transactions: This section lists the most recent trades, with details of each transaction displayed below the chart.
• Contract: For verified source codes, Poocoin links directly to BSCScan. Users can also manually copy and paste the contract address for extra caution.

Additionally, users can launch their own tokens on the blockchains supported by Poocoin by adding token liquidity pools on DEX platforms and entering their smart contract address on Poocoin to enable real-time analysis.

2.2. Poocoin MultiChart

As mentioned earlier in the “What Makes Poocoin App Different?” section, the most unique feature of this platform is the Multi-Chart option, which allows traders and investors to open multiple charts of different tokens simultaneously.

Poocoin supports viewing up to 9 different token charts simultaneously. This feature is extremely convenient, as users no longer need to open multiple separate browser tabs to monitor the coins or tokens they’re interested in. All Poocoin Charts are based on TradingView charts, so the interface is relatively simple and familiar to most traders.

2.3. Tracking Buy and Sell Transactions

Right below the chart, Poocoin syncs and displays approximately the latest 1,000 transactions, along with detailed information on buy or sell orders for the selected token. These data points are aggregated across all blockchains, not just the ones officially supported by Poocoin.

Transactions highlighted in green are buy orders, while those in red are sell orders. The Transaction ID (TXID) is listed in the far-right column. When you click on the TXID, the platform will automatically redirect you to BSCScan for more details. Within the “Buyers” and “Sellers” tabs, you’ll find wallet addresses that have bought or sold the most tokens within a specific time frame. This feature helps you track large wallets, also known as whales, and monitor the value of tokens they’re buying or selling.

When you connect your crypto wallet to Poocoin, the chart will display the exact entry points of your buy orders and will automatically calculate the current value based on the live market price. These entry points are marked with a green circle for Buy orders and a red circle for Sell orders on the chart.

2.4. How to Use Poocoin Swap

Located between the Chart and Multi-Chart tabs, you’ll find the “Trade” tab. This is where you can swap tokens directly within Poocoin. This feature saves time by allowing users to instantly buy or sell tokens without needing to navigate to external exchanges.

To use Poocoin Swap, you’ll first need to connect your crypto wallet. Currently, the platform supports three types of wallets: MetaMask, WalletConnect, and Binance Chain Wallet. Once connected, simply search for the token you want to swap. You can choose between auto slippage or manually set your own slippage, then enter the amount of tokens you wish to swap.

2.5. What is the PooCoin Telegram Bot?

For traders in the crypto space, Telegram groups and venture channels are very common. In these groups, it’s typical to find price tracking bots, and one of the most popular is the PooCoin Telegram Bot.

This is a free price bot that can be easily used with the command “/price”. It works in any Telegram channel and can fetch data for any token.

3. WHAT IS THE POOCOIN COIN?

Poocoin is not only a platform that provides various features for users to analyze cryptocurrencies, but it is also the name of the native token of this platform. The Poocoin token is built on the Binance Smart Chain. Similar to many other memecoins, Poocoin once reached an extremely high ATH price, but it later lost significant value and dropped to extremely low levels. If you’re interested, you might already know that Poocoin’s ATH was nearly $40 per token at the end of 2021, and by March this year, it had plummeted to $0.0000009951.

3.1. Basic Information about Poocoin Token

Some basic information about this token is taken from CoinMarketCap (CMC). However, certain data such as circulating supply and market capitalization have not yet been verified by the CMC team:

• Token Name: PooCoin
• Symbol: POOCOIN
• Token Standard: BEP-20
• Blockchain: Binance Smart Chain
• Maximum Supply: 10,000,000 POOCOIN
• Circulating Supply: 5,088,921 Tokens
• Market Cap: $1,492,638.51
• Smart Contract Address: 0xb27adaffb9fea1801459a1a81b17218288c097cc

3.2. Where to Buy Poocoin Token?

Currently, you can only buy and sell Poocoin tokens on the DEX PancakeSwap as this token has not been listed on any centralized exchange (CEX). To purchase Poocoin on PancakeSwap, you first need to connect your Metamask wallet. Note that Ethereum is usually set as the default network, so make sure to switch it to Binance Smart Chain (BSC).

You can buy Poocoin token using BNB. BNB can be easily purchased on both decentralized and centralized exchanges, then transferred to your crypto wallet. The process of buying is similar to that of other tokens on PancakeSwap, so this article by TradaFX will not provide a step-by-step guide.

4. SHOULD YOU BUY THE POOCOIN TOKEN?

This section focuses solely on the evaluation of the token, not the Poocoin app itself. Since its launch, the Poocoin token has not been highly rated — in fact, it’s often categorized as a high-risk coin. It may be more suitable if you have short-term strategies or trading plans with this token rather than holding it for the long term, as its value can fluctuate dramatically and unpredictably over time.

5. CONCLUSION

Regardless of how the Poocoin token is perceived, the Poocoin App remains well-regarded and widely used, offering a variety of features and supporting numerous tokens, including low-cap and meme coins. With the guidance from this “What is Poocoin” article, we hope you’ll find the platform easier to use and navigate.