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FAQ About PIXEL

• What Is PIXEL?

  Piction Network is a decentralized peer-to-peer platform designed for the digital content industry. This industry encompasses various forms of digital media, including text, images, audio, and other data, which are produced using advanced digital technology and information systems. Piction Network's mission is to create a creator-centric, permissionless digital content economy through blockchain technology.
  The Piction Network protocol leverages smart contracts to enable direct transactions between content creators and their audiences. This approach ensures complete transparency and accountability, as all transactions are recorded on the blockchain and are both public and immutable. By eliminating the need for centralized intermediaries, Piction Network reduces costs and increases revenue potential for creators.
  According to the whitepaper, Piction Network facilitates the seamless exchange of content between technology platforms and content creators. This reduces entry barriers for content publishers and lessens the administrative burden on creators, allowing them to retain a larger share of their earnings.
  The PIXEL token is the native cryptocurrency of the Piction Network. It is used primarily for utility purposes within the ecosystem, including transactions and interactions. Users can utilize PIXEL tokens for various activities on the platform, and they can also be used for staking to access additional network services.
  Piction Network incentivizes community engagement by rewarding supporters who assist in marketing, translating, and distributing content beyond the platform. These contributors earn PIXEL tokens based on the success of their efforts. The platform aims to dismantle corrupt intermediaries in content marketing, distribution, and ownership, thereby empowering creators and giving them greater control over their work.

• How to buy PIXEL

  To buy PIXEL, you can follow these general steps:
  
  1. Choose a cryptocurrency exchange and Create an Account
  Start by selecting a reputable and reliable cryptocurrency platform that supports PIXEL trading. You can also buy PIXEL here on Toobit. Sign up.
  
  2. Complete Verification (Not Mandatory):
  Read our How to Complete Identification on Toobit guide for more information.
  
  3. Deposit Funds:
  Deposit funds into your Toobit account. This could be done via credit/debit cards, or your crypto wallet.
  
  4. Navigate to PIXEL:
  Once your account is funded, navigate to the Markets section of the platform.
  
  5. Buy PIXEL:
  Locate PIXEL in the list of available cryptocurrencies.
  Place a buy order. Read our How to Buy Crypto on Toobit guide for more information.

• How to Sell PIXEL?

  You can sell PIXEL to USDT here on Toobit. Read our guide on How to Trade Spot on Toobit for more information.

• What is PIXEL price Now?

  Are you looking for PIXEL Price? Live PIXEL price is updated in real-time on Toobit.

• How to Withdraw PIXEL on Toobit?

  You can withdraw PIXEL and other crypto tokens into USDT here on Toobit. Read our How to Withdraw Crypto on Toobit guide for more information.

• History of PIXEL

  PIXEL launched in 2018 and is powered by Battle Entertainment. The Piction Network platform is supported by a dedicated team of 60 professionals from Korea and China. With a total supply of 1,000,000,000 PIXEL tokens, the platform aims to revolutionize the digital content industry through its decentralized, blockchain-based approach.

• PIXEL Price Prediction Indicators

  Moving averages are key tools for predicting PIXEL price trends. A moving average calculates the average closing price of PIXEL over a specific time period, which is segmented into equal intervals. For instance, a 12-day simple moving average (SMA) of PIXEL is computed by summing the closing prices of PIXEL over the past 12 days and then dividing by 12.
  In addition to the SMA, the exponential moving average (EMA) is also widely used. The EMA places more emphasis on recent prices, making it more responsive to current price movements.
  Commonly utilized moving averages in the cryptocurrency market include the 50-day, 100-day, and 200-day averages. These indicators help identify crucial resistance and support levels. When the PIXEL price surpasses these moving averages, it is typically viewed as a bullish signal. Conversely, a drop below these averages often suggests potential weakness in the PIXEL market.
  Traders also frequently employ the Relative Strength Index (RSI) and Fibonacci retracement levels to gauge the future direction of PIXEL prices. These tools provide additional insights into market momentum and potential reversal points.

• How to read PIXEL charts and predict price movements?

  Candlestick charts are essential tools for traders because they offer more detailed insights compared to simple line charts. These charts represent the price action of PIXEL with various levels of granularity. For instance, you can select a 5-minute candlestick chart for ultra-short-term analysis or a weekly candlestick chart to track long-term trends. Among the most popular timeframes are the 1-hour, 4-hour, and 1-day candlestick charts.
  For example, a 1-hour candlestick chart provides detailed information about PIXEL's price action over one-hour intervals. Each candlestick on this chart reveals the opening price, closing price, as well as the highest and lowest prices of PIXEL during that one-hour period.
  It's also crucial to note the color of the candlesticks. A green candlestick indicates that the closing price was higher than the opening price, while a red candlestick signals that the closing price was lower than the opening price. Some charts may use hollow and filled candlestick bodies instead of colors to convey the same information.