Last update: Jun 6, 2022

How to Buy PowerPool (CVP)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy PowerPool. Depending on where you’re located, you’ll have various exchanges to choose from.

In this guide, we not only cover the top 3 global crypto exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Powerpool

How to Buy PowerPool – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have PowerPool of course.

2. Sign up with the crypto exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger cryptocurrency trading platforms.

4. Buy PowerPool

Now that you have what you need to buy PowerPool, head over to the market or buy section of the crypto exchange and buy some CVP.

If the crypto exchange doesn’t have any PowerPool on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has PowerPool first), and trade your Ethereum for PowerPool.

Where to Buy PowerPool (CVP)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell PowerPool

  1. Sign into the crypto exchange where you bought PowerPool.
  2. Move your PowerPool to the right place on the cryptocurrency exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell PowerPool.

 

Crypto trading

How to Buy PowerPool (CVP) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy PowerPool in Australia, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy PowerPool if it’s available. If the exchange doesn’t have PowerPool. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has PowerPool), and trade your ETH for PowerPool.

If you’d like to know more about which exchanges we like, check our comparison of the safest crypto exchanges in Australia.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy PowerPool (CVP) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy PowerPool in Canada, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy PowerPool if it’s available. If the exchange doesn’t have PowerPool. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has PowerPool), and trade your ETH for PowerPool.

Or, if you’d like to know more about the exchanges we prefer, read our list of the best cryptocurrency trading platforms in Canada.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy PowerPool (CVP) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy PowerPool in the UK, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy PowerPool if it’s available. If the exchange doesn’t have PowerPool. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has PowerPool), and trade your ETH for PowerPool.

Or, if you’d like to know more about the exchanges we prefer, read our list of the cheapest crypto exchanges in the UK.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying PowerPool? CVP Rundown

PowerPool manages non-custodial structured investment. PowerPool is a broad-diversified, actively managed, reward-rich and gas-efficient multi-chain family with thematic pooled investments tokens. It also offers easy to mix hedging options for average investors. It exposes investors to bullish and bearish crypto investment strategies through offering tokens that correspond to funds with different strategies. Its products include a BSCDEFI token that gives investors access to DeFi projects on Binance Smart Chain. Its ASSY token, which is a concentrated wager on AAVE and Sushi, SNX and YFI tokens, has its weight rebalancing every day according to the relative market share of the assets. Additionally, the protocol offers tokens that give exposure to the Yearn ecosystem and DeFi blue chips. There are further tokens in development.

The protocol's mission will be to create balanced shortlists for tokens that can mimic traditional investment strategies of hedge funds. Investors can create short synthesized products from said tokens to hedge their exposures to high-yield product farming rewards and protect themselves against price risk.

PowerPool discovered that thematic diversification is difficult to achieve in crypto markets with little knowledge. Many projects offer governance tokens with no value beyond the fact that they are subsidized by yield farms. The governance of many decentralized finance protocols are controlled by a few whales. Retail investors have only the speculative worth of the governance tokens they own. These tokens are expensive because the congestion in Ethereum's network makes it difficult for investors with smaller capital to acquire them.

PowerPool, which has its own token CVP to facilitate these investments, solves these problems and offers more sophisticated passive investment options for investors. The Power DAO allows stakers to collectively manage and influence the underlying projects, while also maximizing the accrued income from their staked assets. You can also use the shortlisted tokens to pursue other investment strategies, including bullish strategies (through pools such as ASSY or YETI), strategies with high yield rewards (Yearn Lazy APE), or bearish strategies in the future.

Token holders can access analytics tracking data for key metrics, and participate in DAO governance that allows them to vote on future token issuances.

Related:

author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.