A Step-by-Step-Guide on how to buy Arweave (AR)
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to buy one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and getting your welcome $10.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Arweave (AR) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate (AR) Arweave Once your deposit has been verified, you'll now have access to your finances and you can launch purchasing and trading. To purchase (AR) Arweave on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To locate (AR) Arweave, you'll need to insert the short name of the asset (AR) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct grouping, we have highlighted this too. Click on “AR/BTC” to go ahead.
Step 4 – Buy (AR) Arweave Once you have discovered (AR) Arweave, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are creating our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date price (AR) Arweave was traded for. This can be changed to your favoured price. The ”Amount” field is the volumen of AR you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete volumen of AR. If you're satisfied, click on “Buy AR”. Your order will be filled when a Vender trades their AR for the price you introduced.
Step 5 – Withdraw Arweave (AR) Unless you're trading, never keep your crypto on an Crypto Trader for an extensive time period. To withdraw your Arweave (AR), go to the ”Funds” tab and mouse click on “Withdraw”. Arweave (AR) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Arweave (AR) by using the provided drop-down box. Drop in the volumen of Arweave (AR) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address. When you're satisfied, click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.