Thinking about buying Peercoin (PPC) but not sure where to start? You’re in the right place! Peercoin is a unique cryptocurrency that introduced the world’s first Proof-of-Stake (PoS) consensus mechanism. Launched in 2012, it was designed as an improved alternative to Bitcoin, focusing on energy efficiency, security, and long-term sustainability.
Unlike Bitcoin’s energy-intensive mining, Peercoin’s PoS model allows users to secure the network without high electricity costs. It also integrates Bitcoin’s latest advancements, such as Taproot and the Lightning Network, making it a strong contender in the crypto space.
In this guide, we’ll take you through the entire process of buying Peercoin. From choosing the right exchange to safely storing your PPC tokens, we’ve got you covered. Whether you’re a beginner or an experienced trader, this step-by-step guide will make buying Peercoin simple and hassle-free. Let’s dive in!
How To Buy Peercoin In 4 Easy Steps?
Buying Peercoin is simple if you follow these essential steps. Here’s a guide to help you purchase and store your tokens safely.
Step 1: Choose A Crypto Exchange Platform
Since Peercoin cannot be purchased using fiat currencies, choosing a platform that supports altcoin trading is essential. Focus on exchanges with a strong security record and reliable performance.
If you prefer using Tether (USDT) or Bitcoin (BTC), platforms like MEXC and XeggeX allow you to trade easily. Alternatively, StakeCube and FreiExchange provide trading options exclusively with Bitcoin (BTC). Carefully select the platform that aligns with your preferred altcoin and offers a smooth transaction experience.
Step 2: Register On Any Of The Platform
After choosing the exchange, it’s time to create an account. Head to the platform’s registration page and fill in the required information, including your email address, phone number, and residential address. To meet security regulations, you will need to complete a verification process by uploading a valid ID, such as a passport or driver’s licence.
The verification is usually completed within a few hours. Once your account is approved, you can explore the Peercoin trading pairs available on the platform.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
With your account ready, the next step is to fund it and make your purchase. Since fiat currencies are not supported, use altcoins to buy Peercoin.
MEXC and XeggeX support trading pairs with both Tether (USDT) and Bitcoin (BTC). For users holding Bitcoin, StakeCube and FreiExchange offer additional trading options. Depending on your chosen platform, you can transfer altcoins from your existing wallet or deposit them directly. Confirm your order, and your Peercoin tokens will be added to your exchange account.
Step 4: Store The Cryptocurrency In A Wallet
Once your purchase is complete, transfer your Peercoin tokens to a secure wallet to protect them from exchange risks. Storing your tokens in a personal wallet gives you more control and reduces exposure to security breaches.
Wallets compatible with Peercoin include Peercoin Wallet, Binance Wallet, Trust Wallet, and Coinomi. Start by withdrawing your Peercoin from the exchange and entering your wallet’s public address. Complete the transfer, and your tokens will be stored safely. Using a secure wallet ensures your Peercoin holdings remain protected from potential threats.
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Where To Buy Peercoin (PPC)
MEXC, founded in 2018, is a centralised exchange known for its high-performance trading engine, capable of processing 1.4 million transactions per second. It serves over 10 million users in 170+ countries, offering multilingual support for global traders. MEXC prioritises security with independently hosted servers across multiple countries. The platform is regulated in major jurisdictions, ensuring compliance. MEXC’s advanced matching technology, developed by banking industry experts, delivers fast and efficient trading, making it ideal for both beginners and experienced investors.
Factsheet
|
Operational Since: |
2018 |
|
Deposit Methods: |
Credit/Debit Card, Global Bank Transfer, P2P Trading, MEXC Mastercard |
|
Deposit Fees: |
Free |
|
Cryptos Listed: |
2800+ |
|
Trading Fees: |
0.00% for the maker, 0.01% for the taker |
|
Fiat Currencies Supported: |
50+ |
|
Trustworthiness: |
Safe and Reliable |
XeggeX, based in Seychelles, is a centralised exchange specialising in low to medium market-cap cryptocurrencies. It offers no-KYC trading and supports liquidity pools between listed assets without on-chain fees. XeggeX provides low withdrawal fees, calculated based on actual network costs. The platform allows asset pairing without wrapping, simplifying trading. Supporting multiple blockchains and tokenised assets, XeggeX continuously expands its listings. It prioritises fast, efficient transactions, making it a reliable choice for traders seeking diverse crypto opportunities.
Factsheet
|
Operational Since: |
2017 |
|
Deposit Methods: |
Cryptocurrencies |
|
Deposit Fees: |
Free |
|
Cryptos Listed: |
570+ |
|
Trading Fees: |
0.06% – 0.2% depending upon token tier level |
|
Fiat Currencies Supported: |
None |
|
Trustworthiness: |
Safe and Reliable |
StakeCube, founded in 2018 and based in Germany, is a centralised exchange supporting 110 cryptocurrencies and 257 trading pairs. It features six major spot markets, including BTC, SCC, BUSD, USDT, USDC, and ATLS. StakeCube charges a 0.1% trading fee with zero deposit fees. The platform has a native token, StakeCube Coin (SCC), used for trading and fee payments. Despite having anonymous founders, StakeCube ensures a secure trading environment and offers diverse markets for crypto investors.
Factsheet
|
Operational Since: |
2018 |
|
Deposit Methods: |
Cryptocurrencies |
|
Deposit Fees: |
Free |
|
Cryptos Listed: |
110+ |
|
Trading Fees: |
0.2% – 0.00% |
|
Fiat Currencies Supported: |
None |
|
Trustworthiness: |
Safe and Reliable |
Frequently Asked Questions
Where Can You Buy Peercoin With A Credit Or Debit Card?
You cannot buy Peercoin with a credit or debit card directly. However, you can purchase Tether (USDT) on MEXC using your card. Once you have USDT, you can trade it for Peercoin (PPC) tokens on the same platform. This two-step method is a convenient option if direct Peercoin purchases are unavailable.
Using a trusted exchange like MEXC ensures secure transactions and protects your funds. Always review transaction fees and market rates before making your purchase. This approach offers flexibility and is suitable for investors looking to buy Peercoin through simple crypto swaps.
What Will You Need To Buy Peercoin?
Here’s everything you’ll need to own a Peercoin (PPC) token:
- Exchange Platform: You must choose a reliable exchange to buy Peercoin. Platforms like MEXC, StakeCube, and XeggeX support Peercoin trading. Pick a trusted platform to enjoy a smooth and secure buying experience.
- Identification Documents: Complete the KYC (Know Your Customer) process to trade on exchanges. You must submit valid identification documents, such as a passport, driver’s licence, or tax return, to verify your identity and unlock full trading access.
- Altcoin: You can only buy Peercoin using altcoins like Tether (USDT) or Bitcoin (BTC). First, purchase either of these altcoins on your chosen exchange, then swap them for Peercoin. Always check the trading pairs before proceeding.
- Crypto Wallet: After buying Peercoin, transfer your tokens to a secure crypto wallet. Popular options include Binance Wallet, Trust Wallet, Peercoin Wallet, and Coinomi Wallet. Always choose a wallet with strong security features and support for Peercoin.
Ensure you have everything ready for a smooth Peercoin purchasing experience.
What Is The Easiest Way To Buy Peercoin?
The easiest way to buy Peercoin (PPC) is by using Tether (USDT) or Bitcoin (BTC) on trusted crypto exchanges like MEXC, XeggeX, and StakeCube. Start by creating an account on your chosen exchange and completing the identity verification process. Once verified, deposit USDT or BTC into your exchange wallet. Use the trading section to search for the PPC/USDT or PPC/BTC pair and place your buy order.
MEXC and XeggeX are popular for their easy-to-use interfaces and quick transactions with USDT. If you prefer using Bitcoin, StakeCube is a reliable option with a simple trading process. After purchasing Peercoin, store it in your exchange wallet or transfer it to a private wallet for better security.
Always ensure the exchange is reputable and check for transaction fees before making your purchase. This method is secure, fast, and beginner-friendly, making it the easiest way to buy Peercoin.
Best Wallets To Store Your Peercoin (PPC)
Selecting a secure and reliable wallet is essential for managing your tokens effectively. Each wallet offers unique features, ensuring users find an option that matches their needs.
Peercoin Wallet: The official wallet designed specifically for storing PPC. It allows users to send, receive, and stake tokens directly on the Peercoin network. With a simple interface and built-in staking features, it is ideal for long-term holders.
Binance Wallet: A convenient choice for those who prefer managing their tokens within an exchange ecosystem. Binance Wallet allows secure storage alongside easy access to trading features, making it suitable for frequent traders.
Trust Wallet: A well-known multi-chain wallet offering support for PPC and a wide range of other digital assets. It provides access to staking, decentralised applications (dApps), and advanced security measures, ensuring safe storage.
Coinomi: Known for its multi-asset support, Coinomi allows users to store PPC alongside numerous cryptocurrencies. It offers built-in exchange services, privacy-focused features, and a user-friendly interface, catering to both beginners and experienced investors.
These wallets provide secure storage options for your Peercoin holdings while offering features to suit different user preferences.
