A Step-by-Step-Guide on how to buy Arweave (AR)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and to get your Ethereum or Bitcoin.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Arweave (AR) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps) Make sure you have selected the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Arweave (AR) Once your deposit has been confirmed, you'll immediately have access to your assets and you can begin purchasing and trading. To buy Arweave (AR) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to discover Arweave (AR), you'll need to put the short name of the asset (AR) into the search box, which is marked in the image. Make sure you have selected the right grouping, we have marked this also. Click on “AR/BTC” to go on.
Step 4 – Purchase Arweave (AR) As soon as you have located Arweave (AR), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we're making our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date rate Arweave (AR) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of AR you like to purchase. The ”Total” field is the whole price in BTC that you'll pay for the complete quantity of AR. If you are satisfied, click on “Buy AR”. Your plan will be filled when a Vender trades their AR for the price you gave.
Step 5 – Withdraw Arweave (AR) Unless you're frequently trading, best advise is not to keep crypto coins on an Exchange for an extended time frame. In order to withdraw your Arweave (AR), hover over the tab called “Funds” and click on “Withdraw”. Arweave (AR) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Arweave (AR) by using the provided drop-down box. Enter the volumen of Arweave (AR) you would like to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. If you're happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.