PEOPLE, whose full name is ConstitutionDAO, is a project launched by a decentralized autonomous organization (DAO) with the original goal of collectively bidding on a rare original copy of the U.S. Constitution through cryptocurrency crowdfunding. Although the project ultimately failed to secure the Constitution, and its core contributors announced the dissolution of the DAO and the refund of donations, the PEOPLE token—as a symbol of community self-governance—continues to circulate and be traded in the cryptocurrency market to this day.
How to Trade PEOPLE Tokens
PEOPLE tokens are primarily traded through the following two methods:
- Centralized Exchanges (CEX): This is the most common and convenient method. Users need to register an account on a centralized exchange that supports PEOPLE tokens, complete identity verification (KYC), and then deposit funds (fiat currency or other cryptocurrencies) to begin buying and selling.
- Decentralized Exchanges (DEX): Since the PEOPLE token is based on the Ethereum blockchain, it can also be traded on decentralized exchanges. Users need to add the PEOPLE token to a wallet compatible with Ethereum (such as MetaMask) and then connect to a DEX to trade.When adding the token, you will need the PEOPLE contract address (0x7a58c0be72be218b41c608b7fe7c5bb630736c71).
General steps for trading PEOPLE tokens on a centralized exchange:
- Select a trading platform and register: Choose a reputable cryptocurrency exchange that supports PEOPLE trading (see recommended platforms below). Visit its official website or download the app, and follow the instructions to register an account.
- Complete identity verification (KYC): Upload your ID and complete steps such as facial recognition as required by the exchange to meet compliance requirements.
- Deposit Funds:
- Fiat currency deposits: Some exchanges support depositing fiat currencies (such as USD, EUR, etc.) via bank transfer, credit/debit card, PayPal, or Apple Pay; specific supported methods vary by region.
- Crypto Deposits: You can also deposit other cryptocurrencies (such as USDT, BTC, ETH, etc.) into your exchange account and then use them to purchase PEOPLE.
- Trading:
- Navigate to the exchange’s “Spot Trading” or “Crypto-to-Crypto Trading” section.
- Search for “PEOPLE” or trading pairs such as “PEOPLE/USDT.”
- Select “Buy” or “Sell,” enter the amount and price you wish to trade (market order or limit order), and then confirm the order.
- Asset Management: Once the trade is complete, your PEOPLE tokens will be stored in your exchange account. For added security, you may consider withdrawing them to your personal cryptocurrency wallet.
Recommended PEOPLE Trading Platforms and Software
Currently, many major centralized cryptocurrency exchanges support PEOPLE trading. Here are some popular platforms:
- Binance (Binance): One of the world’s largest cryptocurrency exchanges, offering trading pairs such as PEOPLE/USDT and supporting multiple fiat deposit methods.
- OKX (OKX): A well-known cryptocurrency trading platform that offers the PEOPLE/USDT trading pair and supports purchasing PEOPLE with various fiat currencies via the “Quick Buy” option.
- KuCoin: With a broad user base among cryptocurrency holders, it is also a popular choice for trading PEOPLE.
- Bybit: Offers PEOPLE trading services and is known for its derivatives and spot trading features.
- Gate.io: One of the platforms that supports PEOPLE token trading.
- HTX (HTX): Provides real-time updates and market trends for trading pairs such as PEOPLE/CNY.
- FameEX: Offers PEOPLE/USDT spot trading and attracts users with its secure, stable, and fast service.
- Other platforms include BigONE, Tapbit, BingX, and more.
In addition to the trading platforms mentioned above, you can also use the following tools and software to facilitate PEOPLE token trading and information gathering:
- Cryptocurrency wallets: Such as MetaMask, used to store PEOPLE tokens and connect to decentralized exchanges for trading.
- Market data platforms: Such as CoinGecko and CoinMarketCap, which provide real-time price, market capitalization, trading volume, historical charts, and exchange listings for PEOPLE.
- Charting tools: Such as TradingView, which allows you to view PEOPLE price charts, perform technical analysis, and connect to certain brokers for trading.
When selecting a trading platform, we recommend that you comprehensively consider factors such as platform security, trading fees, liquidity, user interface, and customer service. Additionally, the cryptocurrency market is highly volatile; be sure to conduct thorough research before investing and make decisions based on your own risk tolerance.
