Where to Buy Prosper (PROS) Crypto: Beginner’s Guide 2023

Price prediction is one of the most important tools in the financial sector. It helps investors analyse a product or service based on its characteristics, demand, and current market trends. One initiative that seeks to disrupt how price prediction is carried out is Prosper (PROS).

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What Is Prosper (PROS)?hedging market platform. The platform is decentralised and operates as a cross-chain prediction market that allows users to predict the values of various outcomes of events. Prosper proffers solutions to the lack of liquidity in the decentralised finance (DeFi) ecosystem through the integration of unique binary models of liquidity provisions.This innovative platform uses Chainlink to avert market manipulation and ensure transparency and security for all users’ data and funds. Chainlink is a decentralised oracle network that provides off-chain resources to the blockchain to create a hybrid smart contract. This helps to determine the final price value of a set prediction market.

The PROS Crypto
Source: TradingView PROS price chart

What Can You Do With PROS?

How Does Prosper Work?Adding to its unique functionality, Prosper platform utilises a special liquidity provision to provide standard availability of assets in the pool by using prediction markets to validate the results of each prediction.Users will need to connect to the decentralised application with their Metamask wallet using the Binance Smart Chain mainnet. Next, select the currency you want to place a prediction on, for example- BNB/AXS. Select ‘Bull’ or ‘Bear’ against the trading pair you’ve chosen to make a prediction about, once done, confirm your position. Once the prediction pool is closed, users are eligible to claim their rewards if their prediction is right.

Is PROS Crypto A Good Investment?Prosper’s vision of leading the pricing, sales effectiveness, as well as revenue management markets for industries and companies globally have drawn collaborations from popular companies. The current significant partners include Microsoft, IFMA, Ava Labs, Union, Clover, MDM, NewBound, OpenJaw, and many others. Prosper project has also teamed up with VTEX to provide a better and more seamless digital commerce platform for users.

How To Buy Prosper On BinanceNavigate to the Binance platform’s website and registerBinance, just like all regulated exchanges, requires every user to provide KYC (Know-Your-Customer) information and complete certain verification processes, such as providing government-issued identity cards, a photograph, and other contact information to access the platform’s full features.The next step is to deposit funds in the Binance account. These funds is the capital that users use to purchase PROS or any other crypto asset on the crypto exchange. Binance supports a wide range of payment options, including bank transfers, credit/debit cards, peer-to-peer (P2P), and payment processors like PayPal.

Prosper (PROS) Wallets
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