How and where to buy Populous

A beginner’s guide to Populous (PPT) and how to buy or sell PPT in Australia.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Populous is a peer-to-peer invoice finance platform built on blockchain technology. Its aim is to provide a more efficient and cost-effective way for small and medium-sized enterprises (SMEs) to access invoice financing.

Populous has three tokens. Pokens are the platform’s internal currency and are used to purchase invoices, while Populous Platform Tokens (PPT) were distributed during the Populous ICO and can also be used to invest in invoices through the platform. A third token (PXT) was announced in November 2017.

For more information on how to buy PPT and how the tokens work, keep reading.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy PPT

You can buy PPT on a variety of popular cryptocurrency exchanges, including:

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID


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.
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID


CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Osko, PayID


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.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID


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.
Cointree Cryptocurrency Exchange
Cash, Cryptocurrency, POLi, PayID, Online banking


Finder Exclusive: New members get $10 bonus after first trade. T&Cs apply.
Buy 160+ cryptocurrencies with fast-growth portfolio insights, and the ability to swap any coin to any other instantly.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA


Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
OKEx Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)


Promo: Earn US$10 in BTC when you refer a friend and they purchase $100 of cryptocurrency. T&Cs apply.
Listing over 100 cryptocurrencies, OKEx offers its users a variety of payment methods and coins to choose from.

Compare up to 4 providers


Quick guide: How to buy PPT

  1. Register for an account with a cryptocurrency exchange like CoinSpot.
  2. Enable 2-factor authentication.
  3. Verify your account.
  4. Click “Deposit AUD”.
  5. Transfer funds into your account.
  6. Click “Buy/Sell” at the top of the screen.
  7. Search for the cryptocurrency you want and click “Buy”.
  8. Enter the amount you want to buy, or the amount of AUD you want to spend.
  9. Review the transaction details.
  10. Click “Buy”.
Go to CoinSpot's site

This is our quick guide to just one way to buy PPT. Compare some other options in the table below.

A step-by-step guide to buying PPT

Want to buy PPT? Follow these simple steps:

Step 1. Create an account on a cryptocurrency exchange that allows you to trade PPT

PPT can be traded with bitcoin (BTC) or Ethereum (ETH). It’s free to sign up for a cryptocurrency trading account by providing your email address, creating a password and in some cases, supplying proof of ID. It’s also recommended that you set up two-factor authorisation to ensure a higher level of security.

Step 2. Deposit funds into your account

Many exchanges don’t allow you to directly deposit fiat currency, such as AUD, and only facilitate trading between cryptocurrencies. With this in mind, you’ll need to own or buy BTC or ETH first.

The process for depositing funds varies between exchanges, so look for the link to fund your account or contact customer support for advice. For example, on Binance you can click on “Funds” and then “Deposit” from the top menu.

Step 3. Buying PPT

Now it’s time to trade BTC or ETH for PPT on the exchange. The steps you need to follow will differ slightly depending on the exchange you choose.

If you’re using Binance, for example, you’ll have to click on your desired trading pair (such as PPT/BTC) and enter the number of PPT you want to buy. Then you can select market or limit price and click “Buy PPT”.

How to sell PPT

If you want to offload PPT, the selling process is essentially the same as the buying process above; simply click on “Sell PPT” and follow the prompts. Remember also that cryptocurrency exchanges only offer a limited range of currency pairings, so you will usually have to exchange your PPT for another cryptocurrency (such as BTC or ETH) before you can then trade them for AUD if you wish.

Populous compatible wallets

As PPT is an ERC20 token, you’ll need to store your PPT in an Ethereum-enabled wallet. Examples include:

How Populous works

London-based Populous held its ICO in July 2017 and raised over US$10 million. The company’s aim is to offer a peer-to-peer platform that connects invoice sellers and buyers, providing an efficient way for a greater range of businesses to solve cash flow shortages.

Managing cash flow is one of the biggest problems faced by small and medium businesses. One way to overcome this obstacle is with invoice financing, which allows a business to sell its outstanding invoices to a third party at a discount in order to free up some much-needed cash. The third party assumes ownership of the invoice and receives the funds when the client pays that invoice.

Populous is a trade and invoice finance platform built on the Ethereum blockchain. It hosts an invoice marketplace that connects invoice sellers with invoice buyers through auctions that use smart contracts.

If a business wants to sell an invoice on the platform, Populous implements the Altman Z-score formula on real-time eXtensible Business Reporting Language (XBRL) to evaluate invoices using its own credit rating system.

Once an invoice is approved, it is put up for auction. Buyers can offer competing bids and the seller chooses the best rate.

Populous tokens explained

There are three types of token associated with the Populous platform:

  • Pokens. Pokens are the Populous platform’s internal currency and are pegged to the equivalent amount of fiat currency. For example, in the UK, 1 GBP Poken equals 1 GBP. Pokens are ERC20 tokens and can be used to buy invoices, and the Pokens themselves can be directly purchased with GBP, USD, EUR and Yen.
  • PPT (Populous Platform Token). PPT were distributed in the ICO and are used to invest in invoices. When you want to buy an invoice through the Populous platform, your PPT are used as security for the investment and exchanged for Pokens. Once that invoice has been paid, you get Pokens in profit and your original amount of PPT returned to you.
  • PXT Token. The airdrop of this new token was announced in November 2017. It will be used to purchase advanced features (such as credit reports) on the new Populous Data Platform.

What to consider before buying PPT

If you’re thinking of buying PPT, make sure you’re well aware of all the risks involved in trading cryptocurrency. Buying any form of cryptocurrency is a speculative move, and there are many complicated factors that can affect the future value of a coin.

Before buying PPT, consider the following factors:

    • Supply. According to CoinMarketCap, the circulating supply of PPT at 19/01/2018 was 37,004,027. The total supply of tokens is 53,252,246 PPT.
    • Use. PPT are required if you want to buy invoices through the Populous platform. The greater the popularity and uptake of the platform, the greater the demand for the tokens will be.
    • Performance. You can examine the past performance of PPT to determine the potential for future growth, as well as the factors that have led to previous price rises or falls. Of course, it’s worth emphasising that past performance is not a reliable indicator of future performance.
    • Commercial partnerships. Monitor financial news announcements for details of any commercial partnerships Populous has in the works. For example, in September 2017 it announced a partnership with rewards platform Luxure Global Citizen, a company that connects luxury brands with more than 750,000 customers around the world.

Frequently asked questions

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance 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 cryptocurrencies discussed.

More guides on Finder

Get into cryptocurrency

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site