A Step-by-Step-Guide on how to buy Perpetual Protocol (PERP)
Step 1 – Signup to Kraken You will first need to purchase one of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and receive Bitcoin or Ethereum.
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Perpetual Protocol (PERP) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate Perpetual Protocol (PERP) As soon as your deposit has been approved, you will immediately have access to your assets and you can commence purchasing and trading. To purchase Perpetual Protocol (PERP) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to find Perpetual Protocol (PERP), you will need to put the short name of the asset (PERP) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we've marked this also. Click on “PERP/BTC” to proceed.
Step 4 – Purchase Perpetual Protocol (PERP) As soon as you have discovered Perpetual Protocol (PERP), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to create our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date price Perpetual Protocol (PERP) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of PERP you wish to buy. The ”Total” field is the total price in BTC that you'll pay for the whole quantity of PERP. If you're glad, make a mouse click on “Buy PERP”. Your order will be filled when a Seller trades their PERP for the price you introduced.
Step 5 – Withdraw Perpetual Protocol (PERP) Unless you are frequently trading, best advise is not to keep your coins on an Exchange for an longer period of time. To take off your Perpetual Protocol (PERP), hover over the tab called “Funds” and mouse click on “Withdraw”. Perpetual Protocol (PERP) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Perpetual Protocol (PERP) by using the given drop-down box. Enter the volumen of Perpetual Protocol (PERP) you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. If you are satisfied, click “Submit”. You may be requested for email/phone verification before a take off.