Now we only need to open an account on KuCoin. You can also exchange ETH for PRL on EtherDelta (another exchange) but the user interface can be confusing for newcomers and the site got hacked last week, so it’s safer to buy PRL on KuCoin.

KuCoin also has an affiliate program, so if you use this link to register I’ll get some rewards (You can also write this invitation code when you register: 17ttP). Same as before, if you aren’t comfortable with affiliate links you can also use the normal link.

Kucoin thankfully only needs email verification to register an account, so it’s a much faster process compared to Coinbase.

Once you verify your email, you should see something like this:

Go to ‘Deposit’ on the left sidebar. Mouse-over the KuCoin Shares icon and select ETH from the list that drops down.

Now you should see your ETH wallet address for your KuCoin account. Only send ETH to this address if you send any ERC20 token (like PRL) it will be lost forever.

Copy this address somewhere, as this is where you’ll be sending ETH from your Coinbase account.

Now, return to Coinbase.

Click ‘Accounts’ from the top menu, then find your Ethereum wallet listed on the left.

Click ‘Send’.

In the ‘Recipient’ box, paste the Ethereum wallet address you just copied from KuCoin.

In amount, type how much Ethereum you wish to send (there is a ‘use max’ option if you wish to send it all).

Click ‘Continue’.

Coinbase may ask you to confirm the transaction using your password/phone. Follow the instructions until it confirms the Ethereum are sent.

Now let’s go back to KuCoin. In the same place you got your ETH address you should see a ‘Deposit record’. Your transaction will appear here in a few minutes, but you’ll (possibly) have to wait up to 10 min for it to clear.

Once the deposit clears you should be good to go.

On the top blue bar click on ‘Markets’. Then click on the ETH tab. Search for the PRL/ETH pair (or just search PRL on the ‘search coin’ box on the right side). Click on the PRL/ETH text.

You’ll be taken to to the PRO trading interface, which looks like this:

I like the old version more, so the next steps are shown in the old interface. To access it, click the ‘old version’ text in the upper right corner (inside the yellow rectangle on the image).

The old trading interface looks like this:

If you’re an experienced trader you already know how this works and can play around a bit, but for the newcomers, I would recommend clicking the green rectangles in the image in descending order. This will buy the max amount of PRL possible at the best price available in that instant.

You finally have some PRL!

Now let’s see about getting it out of the exchange and safe in your wallet. Whenever possible you should get any kind of cryptocurrency or token out of the exchanges and into wallets you (and only you!) know the private keys of.

Now let’s go back to the ‘Assets’ tab (blue bar on the top of the screen).

Click on ‘Withdraw’. Similar to how you did it for the ETH address, mouse-over Kucoin Shares and click on the PRL icon in the list that drops down.

Now on ‘Address’ you have to paste the MyEtherWallet Address you obtained in the first part of this guide. You don’t have to worry about the transaction fee, those 5 PRL you pay are more than enough (it was 20 PRL just this morning, now that was painful). Edit (1.12.17): The KuCoin withdrawal fee has been reduced to 1 PRL due to the massive growth in price.

Once you hit confirm you’ll see your transaction on the ‘ Withdraw records’ at the bottom of the page. You can also follow the same transaction on Etherscan if you want, you just have to click on ‘view transaction’.

Once the status shows “Succeeded” your PRL are safe in your wallet.

But just in case let’s go back and make sure your PRL have arrived safe and sound. Go to MyEtherWallet.com and open your wallet following the last steps of the first part of this guide.

You should see something like this:

MEW still hasn’t added PRL as part of its default token list, so we still have to work a little more to see our PRL.

On the right side of the screen, on ‘Token Balances’ click on ‘Add Custom Token’.

The correct values for adding PRL are:

Token Contract Address: 0x1844b21593262668B7248d0f57a220CaaBA46ab9

Token Symbol: PRL

Decimals: 18

Click ‘Save’

Now you should be able to see your PRL on ‘Token Balances’.

Hope this guide helped you! And remember to always activate 2FA on everything you can and to make backups of your backups! You don’t want to be like those people who lost hard drives with 10k BTC inside.