A Step-by-Step-Guide on how to buy CIPHER (CPR)
Step 1 – Join CEX.io You will first need to purchase one of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your Ethereum or Bitcoin.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. CIPHER (CPR) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you've selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find CIPHER (CPR) Once your deposit has been confirmed, you will now have access to your assets and you can commence purchasing and trading. To buy CIPHER (CPR) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. To locate CIPHER (CPR), you will need to put the shortname of the coin (CPR) into the search box, which is marked in the picture. Make sure you have choosen the proper pairing, we have marked this also. Click on “CPR/BTC” to proceed.
Step 4 – Purchase CIPHER (CPR) Once you have spotted CIPHER (CPR), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are making our own Limit Order. The ”Price” field will be filled with the recent price CIPHER (CPR) was sold for. You can change this to your desired rate. The ”Amount” field is the quantity of CPR you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete quantity of CPR. If you are happy, make a mouse click on “Buy CPR”. Your plan will be filled as soon as a Seller sells their CPR for the price you offered.
Step 5 – Withdraw CIPHER (CPR) Unless you're regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extensive time frame. In order to take off your CIPHER (CPR), go to the tab called “Funds” and mouse click on “Withdraw”. CIPHER (CPR) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find CIPHER (CPR) by using the given drop-down box. Drop in the amount of CIPHER (CPR) you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. If you're satisfied, click “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.