A Step-by-Step-Guide on how to buy Perpetual Protocol (PERP)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to purchase units of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and to get your first $10.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Perpetual Protocol (PERP) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find Perpetual Protocol (PERP) Once your deposit has been approved, you will immediately have access to your assets and you can commence purchasing and trading. To buy Perpetual Protocol (PERP) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to find Perpetual Protocol (PERP), you will need to insert the cointype (PERP) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct grouping, we have highlighted this also. Click on “PERP/BTC” to progress.
Step 4 – Acquisition of Perpetual Protocol (PERP) Once you have located 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). And now we are going to make our Limit Order. The field with the “Price” tag will be automatically filled with the most recent rate Perpetual Protocol (PERP) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of PERP you want to buy. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the whole amount of PERP. If you're glad, make a mouse click on “Buy PERP”. Your order will be filled as soon as a Seller trades their PERP for the price you gave.
Step 5 – Withdraw (PERP) Perpetual Protocol Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an longer period of time. To withdraw your (PERP) Perpetual Protocol, go to the ”Funds” tab and click on “Withdraw”. (PERP) Perpetual Protocol can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (PERP) Perpetual Protocol by using the provided drop-down box. Drop in the quantity of (PERP) Perpetual Protocol you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address. When you are satisfied, click “Submit”. You may be asked for verfication via email/phone before a take off.