How to Purchase Perpetual Protocol (PERP) using Ethereum (ETH)

To buy Perpetual Protocol using Ethereum, first, find a cryptocurrency exchange that supports the PERP/ETH trading pair, such as BTSE, WhiteBit or WhiteBit. Create an account, verify your identity, and deposit your ETH into your exchange wallet. Locate the PERP/ETH pair on the trading platform and place an order to exchange your Ethereum for Perpetual Protocol. If the PERP/ETH pair is unavailable, you can first exchange Ethereum for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Perpetual Protocol. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction. In Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.