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 Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Counterparty (XCP) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate Counterparty (XCP) Once your deposit has been approved, you will directly have access to your finances and you can commence invest and trading. To buy Counterparty (XCP) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to spot Counterparty (XCP), you will need to put the shortname of the coin (XCP) into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we've highlighted this also. Click on “XCP/BTC” to advance.
Step 4 – Buy Counterparty (XCP) After you have found Counterparty (XCP), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're creating our own Limit Order. The ”Price” field will be filled with the most up-to-date tariff Counterparty (XCP) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of XCP you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete quantity of XCP. When you are satisfied, make a mouse click on “Buy XCP”. Your order will be filled when a Vender trades their XCP for the price you submitted.
Step 5 – Withdraw Counterparty (XCP) Unless you're regularly trading, never keep your crypto on an Cryptocurrency Exchange for an extended time frame. In order to take off your Counterparty (XCP), go to the ”Funds” tab and mouse click on “Withdraw”. Counterparty (XCP) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Counterparty (XCP) by using the provided drop-down box. Put into the volumen of Counterparty (XCP) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. When you are satisfied, click “Submit”. You may be requested for verfication via email/phone ahead of a take off.