PCN is a cryptocurrency meant to facilitate anonymous payments. The original developer of this currency was found to be a scammer, and the community has since taken over the development of the project. Investors should be aware that this project will actually be going through a coin swap sometime this year.
The exact date has not been given, but if you plan to invest then you'll need to keep yourself informed. If you miss the swap then your investment will be in a dead coin that will likely become useless. The new project will be called DAPS. This swap will allow the team to add new functionality to the project's code.
Investors who are interested in making a PeepCoin investment to participate in the swap should be careful. In many cases, the price of an asset will be artificially inflated once an announcement of this kind is made.
Some of these buyers will them dump their coins immediately after the swap has completed to gain profits on those trying to get in on a new project. Be cautious when making your investments or you could end up paying too much during these volatile times.
Investors can buy PeepCoin on a large number of exchanges, but you may want to utilize Bleutrade as this is the one that will support the swap to DAPS. However, no matter which exchange you choose to utilize you should be able to make a trade easily. There's a ton of trading volume here, and it's spread out pretty nicely. Bitcoin is the highest volume trading pair, but there's also some wiggle room in Doge, Ethereum, and the US Dollar Tether trading pair if you'd prefer to use either of those options.
In order to store your coins safely, you'll need to refer yourself to the project's official website to download a wallet. Though, this may be one of the few times where it would be recommended to keep your assets on an exchange to make sure that you're in the right place for the coin swap.
If you do keep your investment on an exchange until the exchange, make sure that you are using proper safety precautions to protect your account from unauthorized access. This includes not only utilizing 2-factor protections but also double checking that sites you are visiting are legitimate. Phishing is the number one way that investors lose their exchange accounts or web wallets to scammers.