If you are interested in gaming, NFTs, and crypto mining, then CrazyMiner (PWR) might be just the game for you. Gaming is all the rage in the crypto space, and while not for everyone, some people enjoy the additional sense of ownership and personalization NFTs bring to their gaming experience. If this sounds like something you’d be interested in, we will be discussing a little about this coin’s background, how it works, and provide you with a quick and easy guide on how to purchase some of your very own.
What is PWR?
Released in April of 2022, CrazyMiner (PWR) is an NFT-based game that allows players to emulate the experience of running their very own crypto mining operation. With customizable ‘rooms’, players are encouraged to purchase items within the game to make their fantasy mining setup more efficient, more profitable, and more impressive to look at. The game additionally features combat mechanics against enemies and in-game marketplaces that allow players to buy, trade, and sell amongst themselves.
This game loop is described by some as a Play-To-Earn (P2E) model, which has enjoyed a massive boom in popularity but recently begun to cool in terms of interaction. The reasons for this are varied, but primarily with NFT supply being near-infinite, players’ demand has shown signs of decline in some sectors. In the case of CrazyMiner, the business model of this gameplay loop is to create a feedback loop of player interaction and thus value creation for its native coin, PWR.
On the more technical side of things, CrazyMiner operates on the BNB Smart Chain, or BEP20, and a Proof-of-Stake blockchain. Additional information about CrazyMiner can be a little difficult to pin down, with the country of origin of this game being unclear or perhaps unknown, and development team information being relegated to one post about CEO/Co-Founders Mulhan and Luis.’
Step 1: Register on Fiat-to-Crypto Exchange
For our very first step, we’re going to have to register for a Fiat-to-Crypto Exchange. In this guide, we are going to be using TrustWallet, which can be downloaded from the Play Store or Apple App Store. Once downloaded, follow the onscreen instructions to register an account. This will require some basic information, security protocols, and protection.
Your next step will be to get some fiat funds into your new account. You can do this by either sending money directly via your bank account or using a debit or credit card.
Step 2: Buy BNB with Fiat Money
Once you’ve selected your desired method of sending funds to your TrustWallet account and the desired amount of funds is displayed, you will be free to use those funds to trade for some BNB Smart Chain at any point. To do so, look for the BNB Smart Chain option, select the amount you wish to purchase, and hit the “trade” button.
Note: When using these kinds of crypto financial services, the vast majority of cryptocurrency exchanges, such as TrustWallet, CryptoWallet, or MetaMask, will provide you with a full assortment of price charts, different trading tools, and live market data. It’s a good idea to become familiar with these and really come to grips with how they work since, if you utilize them properly, they may allow you to make more effective financial decisions with your money.
After you’ve confirmed the BNB purchase, there will be a brief confirmation period. This period typically lasts for 30 minutes, but it might last a little longer depending on traffic conditions. The amount of BNB SmartChain and any additional funds will then be displayed on the screen in your TrustWallet app.
Step 3: Transfer BNB to an Altcoin Exchange
Your next step will be to locate an altcoin cryptocurrency exchange that supports the BNB/PWR trading pairs. Due to PWR’s location on the BNB Smart Chain, this method may differ slightly from that of other exchange platforms. Nevertheless, by following a few simple steps, you should have some of your very own PWR in no time.
One such exchange is here at Pancakeswap (V2). Next, simply input the desired trading options; in this case, BNB is being traded for PWR. For your next step, you’re going to have to link your TrustWallet account to this exchange. To do this, click on the “connect wallet” option found on Pancake Swap, select Trust Wallet, and follow the onscreen instructions. You can do this through your TrustWallet directly, through a browser, or even by scanning a QR code.
Once complete, select the amount you wish to trade and seal the deal! If you’ve been following along, you should have some of your very own PWR tokens!
Last Step: Store PWR Securely
Now that you’ve gotten this far, you might be wondering what to do next. This means it’s time to start thinking about wallet systems. If you’ve been following along with this guide, you are in luck, as you can already store this coin in your Trust Wallet. But if for some reason you wish for another you have a few options, including hardware options, Binance Smart Chain Wallet, and MetaMask.
Click the “Connect to a Wallet” icon on Pancakswap in the top right corner of your screen. Click Next and then “Next,” and choose your preferred wallet system from the drop-down option. After that, as directed by Pancakswap, adhere to the on-screen directions. Funds from the Pancake Swap (V2) ought to be back in your wallet.
Note: While PWR is not currently hosted by CryptoWallet, it does host a range of other coins and financial services. As previously noted, it also offers a number of wallet services and a high level of protection. So, it’s something to watch out for in the future.
Can I buy PWR with cash?
PWR tokens cannot be bought with fiat money, unlike some of the more mainstay cryptocurrencies. Instead, you may buy an existing cryptocurrency like BNB, Bitcoin, or Ethereum and then trade it for the alternative coin you want on an exchange for alternative cryptocurrencies. Look at the preceding instructions to figure out how to accomplish it.
Are there any quick ways to buy PWR in Europe?
Purchasing PWR could seem a little more challenging when compared to other crypto transactions. We can guide you through each stage in order and, thankfully, this guide is appropriate for the EU.
Are there any alternative platforms to buy PWR or Bitcoin with credit cards?
In contrast to other cryptocurrencies, PWR cannot be bought using fiat money. Instead, you may buy an existing cryptocurrency like BNB, Bitcoin, or Ethereum and then trade it for the alternative coin you want. Visit the guidelines above to learn how to accomplish this.