Own PRV in just a few minutes
1. Download the Incognito Wallet
The easiest way to get PRV is to buy some in the Incognito Wallet.
- No minimums
- No KYC
- Completely anonymous
- Completely confidential
2. Shield your public coins
You can buy PRV with popular cryptocurrencies like XMR, USDT, BTC, FTM, MATIC, NEAR, ETH, etc. – but you need to shield them first to make them compatible with Incognito. Shielding is a special process that turns any public coin into tradable privacy coins (pCoin).
Once loaded into the wallet click on the
Wallet button located in the bottom menu bar.
Next, tap on the blue
Shield a coin button located in the middle of the screen.
On this screen search for the coin and select it as the cryptocurrency you want to shield (You can shield any cryptocurrency). For this example, we will use Bitcoin (BTC).
You can either copy the address and paste it into the wallet containing your BTC , or scan the QR Code.
Pay special attention to the instructions listed on this screen. Some coins will have a minimum (as shown in the image), some will have a fee to shield (due to smart contract interaction). Make sure you’ve read the instructions carefully prior to shielding your coins.
That’s all there is to it. Now just wait for the public chain (BTC in this case) to process and verify the transaction and then the Incognito chain to process your transaction. Please be patient as each coin takes a different amount of time to shield.
After your coins have successfully shielded, continue on to step 3.
3. Buy PRV
Now that you have privacy coins, you can trade them for PRV directly in the Incognito Wallet.
Tap the ‘Trade’ button from the main menu.
In the top section, we will select BTC, and enter the amount you want to trade (remember to leave enough for the transaction fee). In the bottom, select PRV.
When you enter the amount of BTC you want to trade, the amount of PRV you will receive is automatically calculated based on liquidity.
Advanced Trade Settings -
To change the slippage tolerance, exchange, or how the trading fee is covered then click the down arrow on the right hand of the screen. If you are satisfied with the terms of the trade then click the blue button.
Wait for the transaction to process, then go about business as usual. In a few minutes, your PRV will show up in your account!
Congrats! You’re now officially a PRV holder.