A Step-by-Step-Guide on how to buy ARbit Coin (ARB)
Step 1 – Signup to CEX.io You'll first need to purchase one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. ARbit Coin (ARB) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find ARbit Coin (ARB) As soon as your deposit has been affirmed, you'll immediately have access to your assets and you can begin buying and trading. To purchase ARbit Coin (ARB) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To find ARbit Coin (ARB), you'll need to put the cointype (ARB) into the search box, which is marked in the picture. Be certain of having selected the proper grouping, we have marked this also. Click on “ARB/BTC” to go ahead.
Step 4 – Buy ARbit Coin (ARB) Once you have found ARbit Coin (ARB), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we're making our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date price ARbit Coin (ARB) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of ARB you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete quantity of ARB. When you are satisfied, make a mouse click on “Buy ARB”. Your plan will be filled when a Vender trades their ARB for the price you introduced.
Step 5 – Withdraw ARbit Coin (ARB) Unless you're regularly trading, never keep your coins on an Exchange for an extended time frame. In order to withdraw your ARbit Coin (ARB), hover over the ”Funds” tab and click on “Withdraw”. ARbit Coin (ARB) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find ARbit Coin (ARB) by using the provided drop-down box. Put into the amount of ARbit Coin (ARB) you would wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a take off.