2021-8-4 21:39 |
After going up 75%, Perpetual Protocol (PERP) has maintained a bullish trend that started in mid-July and investors are getting interested in the digital coin. To help investors who are wondering what Perpetual Protocol (PERP) is and how and where they can buy it, Invezz has created a simple article that explains all that.
To find out more, scroll down starting from the how & how to buy the perpetual protocol coin online.
How & where to buy the Perpetual Protocol onlineTo buy the perpetual Protocol coin online, you need to find a broker/exchange that offers the crypto and sign up for an account with them. Once you do that, you can go ahead to purchase any number of PERP coins you want using the payment methods specified by the exchange or broker.
Here are some of the top crypto exchanges where you can buy the Perpetual Protocol coin:
eToroeToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.
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What is Perpetual Protocol (PERP)?Perpetual Protocol (PERP) is the native cryptocurrency for the Perpetual Protocol Decentralized Exchange (DEX). If it’s your first time hearing about the Perpetual Protocol Decentralized Exchange (DEX), it is an on-chain DEX platform designed to allow crypto traders to trade perpetual swap contracts.
The DEX provides makers and takers with 10x leverage and uses and as a DEX, Perpetual Protocol does not require users to create accounts (sign up).
Besides allowing users to trade perpetual swap contracts, users can also earn some fees by providing liquidity to liquidity pools and staking the PERP tokens.
Should I buy Perpetual Protocol coin today?The Perpetual protocol coin has an ROI of 764.21% according to Coinmarketcap.com. Combining this with the gains that the coin has made in the past week and some may conclude buying Perpetual Protocol today is a wise investment move.
However, investing in cryptos, in general, is risky because of the volatile market prices and therefore requires lots of caution. As such, investors should always invest money they can afford to lose, especially in fast-moving altcoins like Perpetual Protocol.
Perpetual Protocol coin price predictionAlthough the Perpetual Protocol coin had a small retracement in June after a sustained bullish trend that started in January 2021, the crypto is once again on a bullish trend, and going by the recent gains over the past week, the coin may move even higher over the coming days. However, it is always important to keep your eyes and ears open because the crypto market is very volatile.
Social media coverage of Perpetual Protocol coin(1/5)
We're thrilled to introduce Curie – Perpetual Protocol V2 – 🧑🔬
🧪 This upgrade dramatically improves capital efficiency and increases fee capture for liquidity providers.
Dive in 🤿👇 or read the tl;dr 🧵 belowhttps://t.co/T9Apeq0O4N pic.twitter.com/4yQmeeBOSW
Listen to @tempofeng (Yenwen Feng), Co-Founder of @perpprotocol explain Perpetual Protocol's background, $PERP token, and changes in Perpetual Protocol V2, & much more!
Links:
📺CoinGecko Podcast: https://t.co/3zyJfN7WCN
🎧YouTube: https://t.co/ZQgbF3Cb0q
The post Perpetual Protocol (PERP) is up 75% in the past week: here is where to buy it appeared first on Invezz.
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