How to buy Perpetual Protocol (PERP) in Australia

Learn how to buy Perpetual Protocol (PERP) easily by following a step-by-step guide and compare 10+ crypto exchanges.

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How to buy Perpetual Protocol

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Perpetual Protocol.

  1. Open an account on an exchange that supports PERP.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Perpetual Protocol.
  3. Buy Perpetual Protocol.
    Complete your Perpetual Protocol purchase and then find the best wallet to store PERP.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Perpetual Protocol?

Perpetual Protocol is a decentralised derivatives exchange where you can trade with up to 10 times leverage. On Perpetual Protocol you can go long and short on crypto assets such as BTC, ETH and DOT and pay zero gas fees. In the future it will also aim to list traditional assets such as gold and oil.

PERP is Perpetual Protocol’s native token. It is designed to facilitate and encourage the governance of the protocol and gives PERP holders proportionate voting rights. PERP token holders are also eligible to stake their tokens and earn rewards, in the form of excess fees earned from operating the exchange.

Perpetual Protocol (PERP) is the 171st largest cryptocurrency in the world by market cap, valued at $550,081,431. The current price of Perpetual Protocol is $8.64, which is -2.306% lower than yesterday. Prices have ranged between $8.86 and $8.49 over the past 24 hours. All prices are listed in US dollars and accurate as of January 16, 2022 04:01 UTC.

Where to buy Perpetual Protocol

Find an exchange to buy, sell and trade PERP by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

328
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID
AUD

287
cryptocurrencies

Finder Exclusive: New members get $10 bonus after verification. T&Cs apply.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD, NZD

312
cryptocurrencies

Finder Exclusive: Receive $10 BTC on Sign up and Verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Osko, PayID
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

352
cryptocurrencies

Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.
Coinstash Cryptocurrency Exchange
Bank transfer, Cryptocurrency, PayID
AUD

170
cryptocurrencies

Buy 120+ different cryptocurrencies using AUD with competitive trading fees in the Australian market.
Cointree Cryptocurrency Exchange
Cash, Cryptocurrency, POLi, PayID, Online banking
AUD

181
cryptocurrencies

Finder Exclusive: New members get $10 bonus after first trade. T&Cs apply.
Trade and grow your retirement savings with a specialised crypto SMSF.
FTX Cryptocurrency Exchange
FTX Cryptocurrency Exchange
Credit card, Wire transfer, Silvergate Exchange Network (SEN), Signature SIGNET
USD,EUR,GBP,AUD,HKD,SGD,TRY,ZAR,CAD,CHF,BRL

240
cryptocurrencies

Sign up through Finder for a 5% discount on all trading fees. T&Cs apply.
FTX is an exchange built by traders for traders, with a range of derivatives markets such as options and futures with deep leverage, in addition to standard spot markets. Note: Not available for US customers.
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Compare up to 4 providers

Is it a good time to buy Perpetual Protocol?

The technical analysis gauge for Perpetual Protocol displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Perpetual Protocol based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Perpetual Protocol: moving averages, oscillators and pivots. Finder is not responsible for how PERP performs.


Perpetual Protocol at a glance

Information last updated January 16, 2022 04:01 UTC.
Coin symbol PERP
Coin Marketcap US$550,081,431
Total PERP supply 150,000,000
Circulating PERP 63,559,401
Current price US$8.64
All time high US$24.40
All time high date August 30, 2021
Notable team members Yenwen Feng, Shao-Kang Lee
Partnerships Multicoin Capital, Zee Prime Capital, Three Arrows Capital, CMS Holdings, LLC., and Alameda Research
Industry Decentralised perpetual contract protocol
Token uses Governance, staking
Network Ethereum

Perpetual Protocol price performance over time

Historical prices compared with the price of US$8.64.

1 hour 0.06%
24 hours -2.31%
7 days -4.37%
14 days -5.52%
30 days -4.70%
60 days -43.90%
200 days 47.37%
1 year 209.36%

How to sell Perpetual Protocol

You can cash out your PERP with the same exchange you bought it through:

  1. Sign in to the exchange you have PERP on.
    If you store your Perpetual Protocol in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of PERP you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Perpetual Protocol.

What to consider when buying Perpetual Protocol

As a cryptocurrency investor here are some of the important factors to consider before buying PERP:
  • Supply. The total supply of PERP tokens is capped at 150 million. The total supply can be inflated if token holders vote to mint more tokens or if the insurance fund is depleted forcing PERP to be minted in order to make up for the shortfall. According to the Perpetual Protocol website, there is a low chance of either event occurring.
  • Governance. Once the tokens are more broadly held by the community, it is envisaged that Perpetual Protocol will transition to a community governance model where token holders can use their staked PERP tokens to vote on or propose new ideas.
  • Staking. As a PERP token holder you can lock up or “stake” your PERP for a fixed amount of time. In return, you will be rewarded with part of the transaction fees collected by the Perpetual Protocol exchange. With PERP you can stake for as short or as long as you wish but unstaking will require a cool down period of 14 days.
  • Release schedule. PERK tokens allocated to seed and strategic investors were unlocked in December 2020. The PERK tokens allocated to team and advisors are due to be unlocked in June 2021.

Disclaimer: Cryptocurrencies, including Perpetual Protocol, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of PERP is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Perpetual Protocol or any other cryptocurrency discussed.


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