How to buy Pickle Finance | Buy PICKLE in 4 easy steps | Finder.com

Where to buy Pickle Finance

It looks like PICKLE may not be available to purchase on an exchange in
the US.

You can still purchase PICKLE by using a decentralized exchange (DEX) instead. Decentralized exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.

Decentralized exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralized exchanges first if you’re unfamiliar.

How to purchase PICKLE using a decentralized exchange.
  1. Find PICKLE on a decentralized exchange and make sure Pickle Finance can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
  2. Buy ETH to trade for PICKLE using an exchange like
    Gemini. You will need to purchase enough ETH to swap for PICKLE as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
  3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade ETH for PICKLE on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
  5. Wait for the transaction to finalize and the PICKLE tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in
the US.

Best Pickle Finance wallets to store your PICKLE

You can keep your PICKLE on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can learn more about wallets and compare them with our comprehensive guide.

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Pickle Finance a good investment?

Below are the aspects you should consider before investing in PICKLE:

  • Unique operational model: Pickle Jars, i.e. the liquidity pools that allow users to deposit their tokens within the platform, make use of various niche trading strategies (such as the use of leveraged flash loans) so as to generate maximum income for their owners as well as the protocol.
  • Governance: The Pickle Finance protocol makes use of a “Quadratic voting” based governance framework. As part of this system, each eligible network participant is provided with a collection of votes (instead of a single vote) which can be used to affect the outcome of a proposed change within the ecosystem. For example, if a person feels strongly about a particular issue affecting the platform, the individual can dedicate more of their votes towards initiating changes in that direction.
  • Inflationary supply system: Unlike hard-capped crypto assets like Bitcoin, the number of PICKLE tokens that can ever come into existence is essentially limitless. As per the official project whitepaper, a total of 1.29% tokens will continually be added to the currency’s supply stream each year.
  • Potential security concerns: Even though Pickle Finance has previously undergone a number of audits by blockchain security firms including MixBites and Haechi Audit, the protocol was faced with a security breach last November, where miscreants were able to manipulate one of the platform’s smart contracts, stealing nearly 20 million DAI in the process.
  • No team details known: The team behind Pickle is totally anonymous, with a majority of the funds supplied to the protocol directly being managed by multi-signature wallets owned by these nameless, faceless individuals. And even though the platform’s dealings have been quite transparent thus far, it is essential that potential users bear such things in mind before investing big in the platform.

Below are the aspects you should consider before investing in PICKLE:

Additional information about Pickle Finance can be found using our PICKLE analysis tools.

Today’s Pickle Finance price versus ATH

Compare today’s price of Pickle Finance ($1.39 USD) against its all-time-high price of $85.24 USD on 14 September 2020. The closer the bar is to 100%, the closer PICKLE is to reaching its ATH again.

Pickle Finance’s price: $1.39
ATH date: September 14, 2020

1.63%

Pickle Finance ATH: $85.24

How to trade, convert or sell Pickle Finance

You can convert or sell your PICKLE with the same exchange you bought it through:

  1. Sign in to the exchange you have PICKLE on.
  2. If you store your Pickle Finance in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of PICKLE you’d like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Pickle Finance.
  6. Complete your transaction and move your PICKLE to a wallet for storage.
  1. Data by CoinGecko

Disclaimer: Cryptocurrencies, including Pickle Finance, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of PICKLE is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators’ websites before making any decision. Finder, or the author, may have holdings in the Pickle Finance or any other cryptocurrency discussed.

You can convert or sell your PICKLE with the same exchange you bought it through: