The current Perpetual Protocol (PERP) price today is $9.71 with a 24-hour trading volume of $22.5 million. Perpetual Protocol has dropped by 10.69% in the last 24 hours. However, it could break through the top 100 if it starts reversing its losses. Do you think this will happen? Here you can buy PERP at a good price.
The best places to buy PERP vnow
Since PERP is such a new asset, it is not yet listed on the major stock exchanges. However, you can still buy PERP via a DEX (decentralized exchange). However, a few additional steps are required for this. To buy PERP now, follow these steps:
1. Buy ETH from a regulated exchange or a broker like eToro”
We recommend eToro because it is one of the world’s leading multi-asset trading platforms and is an exchange and wallet in one. The fees are among the lowest in the industry. In addition, eToro is beginner-friendly and offers more payment options than any other service available.
2. Send your ETH to a compatible wallet such as Trust Wallet or MetaMask
You have to create your wallet, enter your address and send your coins there.
3. Connect your wallet to the Uniswap DEX
Go to Uniswap and connect your wallet to it.
4. You can now exchange your ETH for PERP.
Now that you are connected, you can exchange several hundred coins, including PERP.
What is PERP?
Perpetual Protocol is a decentralized exchange (DEX) for futures on Ethereum and xDai. Traders can enter a growing number of assets such as BTC, ETH, DOT, SNX, YFI and other long or short positions with up to 10x leverage. Trading is not held in custody, which means that traders always remain in possession of their assets, namely in the chain. Perpetual Protocol uses a virtual automated market maker (VAMM) that provides on-chain liquidity with predictable prices set by constant product curves. In addition, Perpetual Protocol has designed its vAMMs to be market-neutral and fully collateralized. The mission is to create the world’s best, most accessible and most secure decentralized derivatives trading platform.
Should I buy PERP today?
PERP can be a promising asset. However, take all investment recommendations with caution.
DigitalCoin is optimistic about PERP. They predict that the price of this cryptocurrency will increase in the next 5 years, reaching $ 40.65 in 2026. The value is expected to rise to $ 18.83 next year and continue its growth in 2023-2024.
PERP on social media