How to get PERP coins? This article teaches you how to get PERP coins

To acquire PERP coins, purchase them on exchanges like OKX and Binance, stake them on the Perpetual Protocol website, or participate in liquidity farming and referral programs.

Nov 01, 2024 at 02:17 pm

How to Get PERP Coins: A Comprehensive Guide

PERP coins are the native cryptocurrency of the Perpetual Protocol, a decentralized exchange for perpetual futures contracts. PERP can be used for trading fees, governance voting, and staking to earn rewards.

Methods to Acquire PERP Coins

1. Purchase on a Cryptocurrency Exchange

OKX:
- Deposit funds into your OKX account.
- Navigate to the "Spot" trading section.
- Search for the PERP/USDT pair and place a buy order.
Other options include: Binance, KuCoin, Huobi, Crypto.com

2. Earn Through Staking

Visit the Perpetual Protocol website and create an account.
Deposit PERP coins into your account and select the "Stake" option.
Choose the staking duration and earn rewards in PERP.

3. Liquidity Farming

Provide liquidity to the PERP/USDT pool on the Perpetual Protocol website.
Earn rewards in PERP and trading fees from traders using the pool.

4. Referral Program

Refer new users to the Perpetual Protocol and earn rewards in PERP for successful referrals.

5. Trading Competitions and Giveaways

Participate in trading competitions or giveaways hosted by Perpetual Protocol or its partners to earn PERP coins.

6. Governance Voting

Hold PERP coins and participate in governance voting to earn PERP rewards and influence platform decisions.

7. Liquidity Mining

Provide liquidity to the PERP/USDT pool on the Sommelier platform to earn rewards in PERP and liquidity provider (LP) tokens.

Additional Tips

Research and compare different exchanges to find the best rates and fees.
Consider the risks associated with trading and investing in cryptocurrencies.
Store your PERP coins securely in a reputable hardware wallet.
Follow the official Perpetual Protocol channels for updates on staking and other rewards programs.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

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