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How to Buy Cloakcoin (CLOAK)

A Step-by-Step-Guide on how to buy Cloakcoin (CLOAK)

Step 1 – Join CEX.io

You will first need to purchase one of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and getting your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Cloakcoin (CLOAK) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

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, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Find Cloakcoin (CLOAK)

As soon as your deposit has been approved, you'll now have access to your funds and you can begin invest and trading. To invest in Cloakcoin (CLOAK) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To locate Cloakcoin (CLOAK), you'll need to insert the short name of the asset (CLOAK) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “CLOAK/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Cloakcoin (CLOAK)
Step 4 – Acquisition of Cloakcoin (CLOAK)

Once you've discovered Cloakcoin (CLOAK), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to create our Limit Order.

The ”Price” field will be filled with the recent valuation Cloakcoin (CLOAK) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of CLOAK you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete amount of CLOAK.

When you are satisfied, click on “Buy CLOAK”. Your plan will be filled when a Vender trades their CLOAK for the price you offered.

Step 5 – Withdraw Cloakcoin (CLOAK)

Unless you're frequently trading, never keep your coins on an Exchange for an extended time frame. To take off your Cloakcoin (CLOAK), go to the tab called “Funds” and click on “Withdraw”. Cloakcoin (CLOAK) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Cloakcoin (CLOAK) by using the provided drop-down box. Put into the amount of Cloakcoin (CLOAK) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

When you're glad, click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.

Congratulations! You've successfully bought and safed Cloakcoin (CLOAK).

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Cloakcoin (CLOAK) is safe within your wallet, you are all done.

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