A Step-by-Step-Guide on how to buy Counterparty (XCP)
Step 1 – Join CEX.io In the beginning you'll need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Counterparty (XCP) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you have selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate Counterparty (XCP) As soon as your deposit has been approved, you'll directly have access to your assets and you can initiate invest and trading. To buy Counterparty (XCP) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to find Counterparty (XCP), you'll need to put the short name of the asset (XCP) into the search-box, which is marked in the picture. Be certain of having choosen the correct grouping, we've marked this also. Click on “XCP/BTC” to go ahead.
Step 4 – Purchase Counterparty (XCP) Once you have found Counterparty (XCP), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are making our Limit Order. The ”Price” field will be automatically filled with the recent rate Counterparty (XCP) was sold for. You can change this to your preferred rate. The ”Amount” field is the volumen of XCP you like to buy. The field with the “Total” tag is the total price in BTC that you will settle for the complete volumen of XCP. If you're satisfied, make a mouse click on “Buy XCP”. Your order will be filled when a Seller sells their XCP for the price you gave.
Step 5 – Withdraw Counterparty (XCP) Unless you are trading, you should never keepyour coins on an Crypto Trader for an extensive period of time. In order to take off your Counterparty (XCP), hover over the tab called “Funds” and click on “Withdraw”. Counterparty (XCP) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Counterparty (XCP) by using the provided drop-down box. Put into the amount of Counterparty (XCP) you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you are satisfied, click “Submit”. You could be asked for email/phone verification ahead of a withdrawal.