How to Buy Peercoin


#1

An Updated Guide — 11/4/2018

How to buy Peercoin

There are many ways to buy Peercoin, although it may depend on your previous exchange access or location. You should have a Peercoin wallet set up previously to making a purchase so that you have a place to store your Peercoin.

Fiat gateways

In order to purchase Peercoin directly with a bank wire or debit card, there are several options for direct purchase, although these primarily support European wire transfers and purchases. If you want to directly purchase with a card or bank transfer, you can use the following sites:

The Rock Tradinghttps://www.therocktrading.com/
TheRockTrading offers SEPA direct deposits and offers Peercoin directly on the platform, while offering no trading fees on PPC.
AnycoinDirecthttps://anycoindirect.eu/en/buy-peercoin
Supports EUR
LiteBithttps://www.litebit.eu/en/buy/peercoin
Supports EUR
Livecoinhttps://www.livecoin.net/
Supports both USD/RUR/EUR deposits

If you are in the US, the above websites may not be available. You must use an exchange that accepts you must buy a cryptocurrency like Bitcoin and transfer it to an exchange that lists Peercoin, which will be discussed at a later time.

Coinbasehttps://coinbase.com
Coinbase is one of the most popular broker sites and is arguably the most commonly used for US based citizens.
Geminihttps://gemini.com
Gemini also offers fiat purchasing options for Bitcoin with bank wire options.
OkCoinhttps://www.okcoin.com/lang/en-US/
Offers fiat deposits by wire to buy Bitcoin and other common coins.

It is strongly recommended to purchase Bitcoin as it has the most traded pairs for the exchanges that list Peercoin which will be discussed in the section below. Once you have made a purchase, send those coins over to your chosen exchange and make your purchase of Peercoin.

There are other websites that can be used to buy Bitcoin with a debit or credit card, and there are a plethora of guides available on these sites. We suggest you find a reputable site with low fees and a large number of positive user reviews over time.

Over the Counter (OTC)

i2 Trading
https://i2trading.com/
i2 Trading offers OTC deals for Peercoin with 100k minimum order sizes.

Exchanges

If you already own cryptocurrency, the section about fiat gateways can be skipped since you most likely already have one. Below is a list of exchanges which support Peercoin and where it can be traded actively. Send your coins there and you will be able to purchase Peercoin.

PPC/BTC Pairs

Bittrex
https://bittrex.com/Market/Index?MarketName=BTC-PPC
Cryptopia
https://www.cryptopia.co.nz/Exchange?market=PPC_BTC
HitBTC
https://hitbtc.com/PPC-to-BTC
Livecoin
https://www.livecoin.net/
Poloniex
https://poloniex.com/exchange#btc_ppc
The Rock Trading
https://www.therocktrading.com/en/offers/PPCBTC
Tux Exchange
https://bx.in.th/BTC/PPC/

Each exchange comes with a variety of fees both in trading and withdrawals and user experience may vary. As always, use strong passwords, 2FA, and cold storage as needed.

Once you have made your purchase, you can withdraw your coins to the wallet you have chosen.

Reddit post: https://www.reddit.com/r/peercoin/comments/9ubr6x/how_to_buy_peercoin/
Medium post: https://medium.com/peercoin/how-to-buy-peercoin-58b48ab58315


#4

Hey, thanks for your tips! I’m interested in buying peercoin, but still have some doubts. May i use cryptomixing for the peercoin? (for example, for my BTC wallet i use bitcoin tumbler) Is there any similar instrument to protect peercoin transactions?


#5

There is no service for tumbling that we officially endorse


#6

Bitshares’ distributed exchange also offers PPC-BTC and even PPC-USD trading. You’d have to learn how to use it. It might feel more complicated than traditional exchanges… But in return you get an exchange that is controlled by no individual, company, or government. You are exposed to risks of flash crash of Bitshare but it has not happened as I know and been way more reliable than traditional exchanges. Currently only Rudex offer PPC deposit/withdrawl. Liquidity is low. Fiat deposit / withdrawal is off. But it’s there.


#7

I’ll look into it. Do you know how the liquidity is?


#8

At the moment there are 1770 RUDEX.PPC (they are dynamically issued/destroyed when someone deposits/withdraws) and $1153 on the PPC/USD buy side.

There are 13000 OPEN.PPC which is said to be closing out some months ago by OpenLedger.


#9

I very much would like a place to do PPC/USD so I might look into it although those books are far too thin for me sadly.


#10

At least iit can bbe used as an escrow.