A Step-by-Step-Guide on how to buy Cryptopay (CPAY)
Step 1 – Join CEX.io You will first need to buy one of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Cryptopay (CPAY) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto 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, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find Cryptopay (CPAY) Once your deposit has been verified, you'll instantly have access to your funds and you can launch invest and trading. To buy Cryptopay (CPAY) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To find Cryptopay (CPAY), you'll need to insert the short name of the asset (CPAY) into the search box, which is highlighted in the image. Make sure you have selected the right grouping, we've highlighted this also. Click on “CPAY/BTC” to proceed.
Step 4 – Buy Cryptopay (CPAY) As soon as you have spotted Cryptopay (CPAY), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are making our own Limit Order. The ”Price” field will be automatically filled with the most recent price Cryptopay (CPAY) was sold for. This can be changed to your preferred rate. The ”Amount” field is the amount of CPAY you want to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole amount of CPAY. If you're happy, click on “Buy CPAY”. Your order will be filled as soon as a Seller trades their CPAY for the price you introduced.
Step 5 – Withdraw Cryptopay (CPAY) Unless you're trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extended period of time. To take off your Cryptopay (CPAY), go to the ”Funds” tab and mouse click on “Withdraw”. Cryptopay (CPAY) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Cryptopay (CPAY) by using the provided drop-down box. Put into the volumen of Cryptopay (CPAY) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, click “Submit”. You could be asked for phone/email verification ahead of a withdrawal.