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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 Funds to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Cloakcoin (CLOAK) 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 Crypto Exchange? (Just follow this guide)

Make sure you have chosen the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find Cloakcoin (CLOAK)

Once your deposit has been approved, you will immediately have access to your finances and you can begin invest and trading. To invest in Cloakcoin (CLOAK) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

To discover Cloakcoin (CLOAK), you'll need to put the shortname of the coin (CLOAK) into the search-box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “CLOAK/BTC” to proceed.

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

After you've found Cloakcoin (CLOAK), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to create our own Limit Order.

The ”Price” field will be filled automatically with the most latest tariff Cloakcoin (CLOAK) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of CLOAK you wish to buy. The ”Total” field is the whole price in BTC that you will settle for the complete quantity of CLOAK.

When you're satisfied, make a mouse click on “Buy CLOAK”. Your plan will be filled when a Vendor trades their CLOAK for the price you gave.

Step 5 – Withdraw Cloakcoin (CLOAK)

Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Trader for an longer time period. In order to withdraw your Cloakcoin (CLOAK), hover over the tab called “Funds” and click on “Withdraw”. Cloakcoin (CLOAK) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Cloakcoin (CLOAK) by using the provided drop-down box. Put into the volumen of Cloakcoin (CLOAK) you would wish to take off. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address.

If you're glad, click “Submit”. You may be asked for email/phone verification ahead of a withdrawal.

Congrats! You've successfully purchased and safed Cloakcoin (CLOAK).

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you've proved your take off with Ethplorer.io or Etherscan.io and the Cloakcoin (CLOAK) is safe in your wallet, you are done.

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