In this guide you’ll get information about where to buy PERI Finance, if you are planning to buy PERI token – You’re in the right place!
PERI Finance is a derivative trade protocol on the Polkadot network that provides limitless liquidity. Its core proposition is to create an efficient mechanism powered by blockchain so trading in traditional financial instruments becomes simpler, faster, and easier than is offered by traditional capital market access methods. This can potentially give new market participants access to products that are previously unavailable. Besides, it reduces frictions associated with brokers, banks, and other established capital market player.
PERI Finance sees blockchain in DeFi space as a fundamental tool to change the way the traditional markets operate without the presence of the costly middleman. This results in a truly P2P system to offer and develop a range of new market opportunities for many people. With PERI Finance, anyone can conveniently manage their crypto assets as well as traditional financial products. Additionally, PERI Finance offers solutions to deal with other problems afflicting DeFi projects.
Table of Contents
PERI Finance (PERI) Features
- PERI Liquidity Pool. The pool is created by PERI holders from staking PERI and mining Pynth called pUSD. The liquidity is infinite as the pool serves as a liquidity provider that is the other side of a trade when trading pUSD to pBTC or pEUR. In other words, there is no need to worry about slippage or lack of liquidity.
- Exchange. This feature allows users to convert one Pynth to another without order book, but with infinite liquidity and no slippage. There is no need of third-party liquidity providers as the contract prices are determined by virtual AMM and the Pynth prices are provided by Oracle. Therefore, taking short or long positions on Pynth up to 20x leverage can optimize trading volume. Due to the AMM’s unique properties, dedicated liquidity providers are not required in the trading so the stakers won’t lose their stable coin nor PERI.
- PERI Improvement Proposals. This PIP system aims to hear community opinions as PERI tokens are also used for governance. Using 1 PERI, anyone can submit a PIP. When adopted, the number of PERIs are reflected in the system and returned.
Where to Buy, Sell and Trade PERI Finance aka PERI
You can basically use debit card, credit card, or even PayPal to buy the PERI Finance (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the PERI Finance as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy Tether first. After you get the ETH or BTC or USDT, you can convert it to PERI Finance. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum (ETH), Bitcoin (BTC), or Tether (USDT)
- Find a crypto exchange that supports PERI Finance currency and exchange your Ethereum / Bitcoin / Tether with the PERI Finance
- Store your PERI Finance to a secured wallet
Step 1: Buy Bitcoin (BTC) or Ethereum (ETH) or Tether (USDT)
There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options.
Get $10 Bonus when you sign up for Coinbase!
- You will be asked to through the process of confirming your e-mail address as well as verifying your identity. It would be best if you went through that procedure at once to avoid any issues before putting money on the platform. Coinbase will ask for personal information such as your home phone number, your address, and proof of your identity using an official document such as a passport or a driver’s license.
- Keep in mind that Coinbase takes some time to verify your ID, but once your account is verified, things can move forward on your end. By confirming your identity, you will have better security on your account, and the people working at Coinbase will be able to help you with easy on any issue you face. You will also be able to trade larger numbers of money on your transactions as well as other perks related to the trading information the goes inside the platform.
- You can also manage your payment options. As we mentioned previously, the sites make it very easy to handle FIAT money to pay for the altcoins you want to have in your portfolio. You can check in your bank account to make direct deposits or withdrawals. While this method is excellent, it takes at least two days to verify it on Coinbase’s end. You can also register your credit cards, debit cards, and even your PayPal account in the buy/sell link located on the top menu.
That’s the first step in buying PERI Finance, once you get your Bitcoin or Ethereum or Tether, you can continue to the next step.
Step 2: Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH or USDT from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH or USDT with PERI Finance:
IMPORTANT! Once you are registered to the crypto exchange above, Go back to COINBASE and send your Bitcoin/Ethereum/Tether to your new exchange. Find the PERI/BTC or PERI/ETH or PERI/USDT trading pair and then place the order to buy those pairing cryptocurrencies.
Most likely you’ll find this pair available to you PERI/USDT – so you need to convert your BTC or ETH to USDT first in order to buy PERI Finance (PERI)
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your PERI Finance (PERI) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy PERI Finance (PERI) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the PERI Finance. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy PERI Finance (PERI) with Cash?
You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.
Can I Buy PERI Finance (PERI) with Skrill?
You can’t buy PERI directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to PERI Finance. You can buy BTC/ETH with skrill by using these exchanges::
Can I Buy PERI Finance (PERI) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair PERI/BTC and begin the transactions.
Can I Buy PERI Finance (PERI) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support PERI/ETH trading pair.
What Is the Best Payment Method to Buy PERI Finance (PERI)?
The cheapest way is to use bank account to buy Bitcoin or Ethereum or Tether first or to buy the PERI Finance right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect PERI Finance (PERI)?
Once you have purchased the PERI Finance, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell PERI Finance (PERI)?
Find a crypto exchange which allow pairing PERI with BTC or ETH or USDT – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine PERI Finance (PERI) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a PERI Finance is to buy it from a reliable exchange.
Taking risk and making profits from various products is quite challenging for most investors. Considering the problem, PERI Finance comes with solutions via the most manageable decentralized synthetic derivative trading platform where anyone can enjoy less costly and more transparent investment. The team of PERI Finance keeps doing their best to provide users with the best ways to increase their asset values and to build the better protocol for the users.