How to trade PERL?

Michael Selge
6 min readAug 10, 2021

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The innovative eco-friendly project PERL (Planetary Ecosystem Registration Ledger) aims to use blockchain technology to preserve the environment. In what way exactly? We invite you to learn the mission of the project, its tasks, prospects, as well as the best platforms for trading and exchanging PERL in our today’s review.

What is PERL (PERL)?

The PERL project aims to preserve the environment using blockchain technology, through the tokenization of carbon credits, biodiversity, NFTs, and decentralized rewards. The platform provides companies with carbon credits that contribute to reducing greenhouse gas emissions. Users receive carbon credits as a reward for participating in the governance and providing liquidity.

The PERL project has the following tasks:

  • With the help of blockchain technology, PERL tokenizes carbon credits, enabling companies to compensate for their emissions. They have the right to trade them in order to help balance the global level of emissions.
  • PERL project enables many global environmental charities to develop NFTs to raise funds for the conservation of endangered species and habitats.
  • The PERL project intends to operate on its own Proof of Stake blockchain. Which is many times more environmentally friendly than the classic Proof of Work.
  • Through a variety of incentives, the project aims to attract the public to environmental protection issues.

Why should I trade PERL?

There are three main reasons why a trader should look at PERL coins:

  1. Due to the fact that the movement for an ecologically friendly environment and concerns about increasing the amount of GHGs in the atmosphere are at the center of global discussions, PERL.eco project may receive increased attention.
  2. The project provides attractive earning options that allow token holders to receive income from various cryptocurrencies.
  3. Recently, PERL has entered the zone of interest of investors, as evidenced by a sharp jump in the value upward. After that, the price stabilized, however, growth prospects are possible.

At the time of writing the review (August 1, 2021), according to CoinMarketCap, the cost of PERL is approximately $0.06, with a market capitalization of $31,629,631. After a long hibernation, PERL updated its all time high and reached $0.297 on April 5, 2021. The lowest price of the coin was set on March 28, 2020, when the price fell to $0.01064.

Where to trade PERL?

When choosing a trading platform base your decision on usability, trading fees, as well as the reliability of the platform. The list of the best places to trade PERL includes:

  • Binance — the leader of all ratings. A whole ecosystem that allows you to trade cryptocurrency profitably and safely. Low fees, along with a wide range of coins.
  • Gate.io — attracts the attention of traders with a high level of security and clear interface, as well as a fast speed of deposit and withdrawal of funds.
  • 7b — a crypto broker that allows you to quickly and easily trade more than 400 coins. We strive to be open, transparent and ready for cooperation.

How to trade PERL using the 7b crypto broker app?

Our team strives to create convenient conditions for profitable trading for both beginners and advanced users. There are no hidden fees on 7b, and the security of our service is one of the highest on the market. Buying or selling PERL can be done in just a few clicks:

  1. Install 7b app.
  2. Create your account and go through two-step verification.
  3. Transfer the desired amount of funds to your account.
  4. Search for PERL in the list of coins.
  5. Enter how many coins you want to buy.
  6. Click “Buy” to place a market order.
  7. Wait for the funds to be credited to your account.

PERL Exchange

Where to exchange PERL?

Do you want to diversify your portfolio and exchange PERL? Before making a swap, we suggest that you consider the advantages and disadvantages of some types of exchange services, so as not to buy a pig in a poke.

Broker:

AdvantagesDisadvantagesUser-friendly interfaceFee for intermediary servicesMany exchange directionsIncreased security level

Swap platform:

AdvantagesDisadvantagesEase of useHigh exchange ratesPrivacyLimited cryptocurrency reserveTransfer directly to your wallet

You can exchange PERL at the following exchangers:

  • Godex.io — an advanced platform for converting cryptocurrencies. It differs from its analogues in that it works on the blockchain and provides users with the opportunity to perform operations anonymously.
  • ChangeNOW — a reliable exchanger with a fast exchange procedure and a high-quality support service. Also, this service is distinguished by a small fee.
  • CoinSpot — a secure instant cryptocurrency exchanger. A large variety of coins and trading pairs at the lowest price.

What to know before exchanging PERL?

To minimize the risk of losing your funds, we recommend that you follow simple rules when exchanging:

  1. Monitor reviews about the work of the exchanger or broker.
  2. Try to exchange a small amount before you start working.
  3. Study the website of the exchanger for the convenience and work of technical support.
  4. Compare the exchange rates of different exchangers.
  5. Be extremely careful when entering the recipient’s address.

How to buy PERL for fiat?

There are many ways to exchange fiat for cryptocurrency on the market. Unfortunately, not all cryptocurrencies can be bought for fiat directly. However, PERL is not one of them. Take advantage of the platform with a fiat gateway for a smooth fiat to crypto exchange. Make sure that the provider is secure and also check the underlying fee. On platforms such as ChangeNOW and CoinSwitch, you can quickly make an exchange:

  1. Enter the fiat amount.
  2. Enter your PERL address.
  3. Make the payment.
  4. Receive your exchanged coins.

PERL use cases

PERL is a native token of the project with the following use cases:

  1. Payment of fees for transactions on the network.
  2. PERL token holders can drain the coin and vote for changes in the network, as well as the incentive system.
  3. Liquidity providers are rewarded with carbon credits.

FAQ

Is PERL a good investment?

Yes, PERL is a far-sighted profitable investment. Today, the issue of the preservation of the environment and the conservation of endangered species is very acute in our society. The project offers an effective solution that helps to offset carbon dioxide emissions, so it is interesting to many investors.

How do I invest in PERL?

Investing in cryptocurrency is a profitable, but very risky activity. Add to your investment portfolio only those cryptocurrencies that have been listed on reputable exchanges and also have a tendency to grow for a long time. You can use the fiat gateway to buy for fiat. Also on 7b, you can exchange crypto to crypto: top up your balance, select an exchange pair, enter the amount.

How to trade PERL for beginners?

Do not make hasty decisions and do not follow the general trend. Analyze how the asset has been behaving over the past year. Set stop loss and take profit levels for yourself. Crypto exchanges provide a wider range of trading instruments. For spot trading on 7b: create an account, transfer cryptocurrency, select PERL, enter the amount.

What is PERL Blockchain?

PERL is a project that will function on its own Proof of Stake blockchain. Provides users with rewards in the form of carbon credits for participating in governance and providing liquidity. The mission of the project is to use blockchain technology to protect the environment.

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