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What is Peercoin?

Peercoin (PPC) launched in 2012 and is one of the first cryptocurrencies to introduce a Proof of Stake consensus algorithm into their network. Peercoin is also still one of the only coins to have a hybrid network utilising both Proof of Work (POW) and Proof of Stake (POS) consensus algorithms. The team behind Peercoin wants crypto to be as accessible as possible.

  • One of the main features of PPC is the hybrid nature of its blockchain. Peercoin uses both POW and POS algorithms in order to process new transactions and to mint as well as distribute new coins.
  • For those who choose to stake PPC through their official channels or hold them in linked wallets will receive 1% back per year based on the amount owned or staked. This ensures Peercoin has a set inflation rate and not capped supply.
  • Security is also a top priority for the PPC team. Again this is achieved through the coins hybrid PoW and PoS system. The Proof of Stake system provides direct security for the network, where Proof of Work aims to strengthen the decentralisation of the network through a wider distribution of PPC.

Peercoin’s main goal is to provide a coin that is efficient, sustainable, governed by users, scalable through modularity, and has a fair distribution. All these qualities combine to form a long-term minded blockchain network that focuses on maximising decentralisation.

How do I swap Peercoin?

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Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Peercoin

Why Should I Trade PPC with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell Peercoin no matter what your trading experience is. Unlike other international and Australian Peercoin exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Peercoin with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Peercoin how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Peercoin?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Peercoin for free.

Cold Storage

If you are holding Peercoin as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Peercoin. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Peercoin. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Peercoin has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Peercoin is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Peercoin exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Peercoin & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Peercoin safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Peercoin portfolio here.
Yes! With CoinSpot you can convert your Peercoin to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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