The Token Perpetual Protocol (PERP) has risen by 13% in the last 24 hours, with bulls determined to push the price towards the $18 mark and beyond
The Perpetual Protocol Token is trading at $16.50 at the time of writing this article. The PERP Coin has managed to maintain buying volume by 13% in a day after a strong boost from the bulls. The coin could potentially double or triple from current levels if the bulls manage to prevail. The PERP token recorded a record trading volume of $176,053,624 in the last 24 hours. The PERP token is amassed in large amounts by whales that appear to be bullish on the coin.
How and where to buy Perpetual Protocol in Germany and elsewhere
To purchase cryptocurrencies, you need to open a trading account with a crypto exchange/broker platform. Avoid using decentralized exchanges because they are unregulated. We have selected for you two of the best platforms on which you can trade easily and safely.
To open a new account, click on the login page of a crypto broker/exchange and enter a username, password and email address. The platform will contact you by email and ask you for an additional review under the KYC (Know Your Customer) regulation. You must provide copies of documents such as a driver’s license and utility bill to confirm your identity or address.
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What is Perpetual Protocol?
The Perpetual Protocol is a decentralized platform for trading crypto derivatives. It allows its users to leverage up to 10 times. The platform also allows its users to stake the PERP token to earn additional rewards. Transaction fees are shared with users who choose to stake their tokens.
Should I buy PERP today?
The PERP token is currently in a rally with increasing volumes, which is usually a sign of strong accumulation by whales. The coin could potentially reward its early owners with big profits if the token goes up in the future. The PERP token has the potential to recover further if the purchase volumes increase steadily.
This article is for information purposes only – none of the content should be construed as financial or investment advice.