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 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Perpetual Protocol (PERP) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you have selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate Perpetual Protocol (PERP) Once your deposit has been confirmed, you'll instantly have access to your funds and you can commence invest and trading. To purchase Perpetual Protocol (PERP) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To spot Perpetual Protocol (PERP), you'll need to insert the short name of the asset (PERP) into the search box, which is marked in the picture. Be certain of having selected the right grouping, we've highlighted this too. Click on “PERP/BTC” to advance.
Step 4 – Buy Perpetual Protocol (PERP) After you have discovered Perpetual Protocol (PERP), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent tariff Perpetual Protocol (PERP) was sold for. You can change this to your desired price. The ”Amount” field is the quantity of PERP you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete amount of PERP. If you're happy, click on “Buy PERP”. Your plan will be filled when a Vender sells their PERP for the price you submitted.
Step 5 – Withdraw Perpetual Protocol (PERP) Unless you're frequently trading, best advise is not to keep crypto coins on an Exchange for an extensive time frame. To take off your Perpetual Protocol (PERP), go to the ”Funds” tab and mouse click on “Withdraw”. Perpetual Protocol (PERP) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Perpetual Protocol (PERP) by using the given drop-down box. Drop in the quantity of Perpetual Protocol (PERP) you would wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you're glad, click “Submit”. You could be asked for email/phone verification ahead of a withdrawal.