A Step-by-Step-Guide on how to buy Donut (DONUT)
Step 1 – Signup to CEX.io You will first need to buy units of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Donut (DONUT) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you've selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find Donut (DONUT) Once your deposit has been verified, you will instantly have access to your assets and you can initiate invest and trading. To buy Donut (DONUT) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To locate Donut (DONUT), you will need to insert the cointype (DONUT) into the search box, which is highlighted in the picture. Make sure you have choosen the right pairing, we have highlighted this too. Click on “DONUT/BTC” to advance.
Step 4 – Acquisition of Donut (DONUT) After you have located Donut (DONUT), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to create our own Limit Order. The ”Price” field will be filled with the most recent rate Donut (DONUT) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of DONUT you like to buy. The field with the “Total” tag is the total price in BTC that you will pay for the complete volumen of DONUT. If you're satisfied, click on “Buy DONUT”. Your order will be filled as soon as a Vender sells their DONUT for the price you introduced.
Step 5 – Withdraw Donut (DONUT) Unless you are regularly trading, best advise is not to keep your coins on an Crypto Exchange for an longer period of time. To take off your Donut (DONUT), go to the ”Funds” tab and click on “Withdraw”. Donut (DONUT) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Donut (DONUT) by using the given drop-down box. Put into the volumen of Donut (DONUT) you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. If you are glad, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.