How to buy and sell PERP coins? Which exchanges have PERP coins been listed?

To trade PERP coins, choose a reputable exchange like OKX and follow these steps: deposit funds, navigate to the PERP trading page, specify the order type and amount, and execute the trade.

Nov 02, 2024 at 02:52 pm

How to Buy and Sell PERP Coins: Exchanges That List PERP

Step 1: Understand PERP Coins

PERP, the native token of the Perpetual Protocol, is a governance token that allows holders to vote on platform changes and receive staking rewards.

Step 2: Choose a Trustworthy Exchange

OKX:

Trusted and regulated exchange with high trading volume
Offers low trading fees and a user-friendly interface

Other Exchanges:

Binance
Huobi Global
KuCoin
Gate.io

Step 3: Deposit Funds into Your Account

Purchase crypto assets (e.g., USDT or BTC) from a fiat on-ramp or another exchange. Transfer these assets to your chosen exchange account.

Step 4: Buy PERP Coins

Navigate to the exchange's PERP trading page. Type in the amount of PERP you want to buy and select a buy order type (e.g., market order, limit order). Execute the trade to purchase PERP coins.

Step 5: Sell PERP Coins (Optional)

When you're ready to sell your PERP coins, navigate to the same trading page. Place a sell order, specifying the amount and sell order type. Once the trade is executed, you will receive the proceeds in your account.

Additional Information:

PERP coins are traded with varying liquidity across different exchanges.
Monitor market trends and conduct due diligence before making any trades.
Store your PERP coins in a secure wallet for safekeeping.
Consider trading strategies such as dollar-cost averaging or limit orders to mitigate risk.

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