How to get PERP coins? A detailed explanation of all ways to get PERP coins in one article

To acquire PERP tokens, you can purchase them through centralized exchanges like OKX or Binance, swap them on decentralized exchanges such as Uniswap, participate in PERP farming on Compound or Aave, earn rewards for trading on FTX or BitMax, or collect them through airdrops or giveaways.

Oct 29, 2024 at 10:51 pm

How to Obtain PERP Tokens: A Comprehensive Guide

1. Coin Purchase via Centralized Exchanges

PERP tokens can be purchased directly from centralized cryptocurrency exchanges. Here are a few notable options:

OKX
Binance
Huobi Global
FTX (Note: FTX has filed for bankruptcy as of November 2022)

To purchase PERP on an exchange, follow these steps:

Create an account on the chosen exchange and verify your identity.
Deposit funds into your account.
Navigate to the PERP trading pair on the exchange (e.g., PERP/USD).
Enter the desired purchase amount and complete the order.

2. Acquire PERP Through Swapping

Decentralized exchanges (DEX) allow users to swap cryptocurrencies directly, eliminating the need for intermediaries. Platforms like Uniswap and SushiSwap offer PERP swaps.

To swap for PERP on a DEX:

Connect your crypto wallet to the platform.
Select the desired PERP pair (e.g., PERP/ETH).
Enter the desired swap amount and confirm the transaction.

3. Participate in PERP Farming

Some cryptocurrency exchanges and decentralized finance (DeFi) protocols offer PERP farming incentives. This involves staking PERP tokens in certain pools to earn rewards in PERP or other cryptocurrencies.

Current PERP farming opportunities can be found on platforms like Compound and Aave.

4. Earn PERP as Trading Rewards

Certain platforms reward users with PERP tokens for participating in their trading activities. FTX (Note: FTX has filed for bankruptcy as of November 2022) and BitMax are known to offer such rewards programs.

To earn PERP through trading rewards:

Register and verify your account on the platform.
Meet the specified trading volume requirements to qualify for rewards.
Claim and receive your PERP rewards periodically.

5. Collect PERP through Airdrops and Giveaways

Occasionally, crypto projects distribute PERP tokens via airdrops or giveaways to promote their ecosystem. To stay informed about such opportunities:

Follow PERP-related communities on social media (e.g., Telegram, Discord, Twitter).
Subscribe to project newsletters and announcements.
Regularly check crypto airdrop and giveaway websites.

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