A Step-by-Step-Guide on how to buy XEL (XEL)
Step 1 – Join CEX.io You'll first need to purchase units of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. XEL (XEL) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate XEL (XEL) As soon as your deposit has been confirmed, you will instantly have access to your funds and you can initiate purchasing and trading. To purchase XEL (XEL) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to find XEL (XEL), you will need to insert the shortname of the coin (XEL) into the search box, which is marked in the graphic. Be certain of having choosen the proper pairing, we've marked this also. Click on “XEL/BTC” to go on.
Step 4 – Buy XEL (XEL) As soon as you have spotted XEL (XEL), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're creating our Limit Order. The field with the “Price” tag will be filled automatically with the recent tariff XEL (XEL) was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of XEL you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the whole quantity of XEL. If you're happy, click on “Buy XEL”. Your order will be filled as soon as a Vender sells their XEL for the price you submitted.
Step 5 – Withdraw XEL (XEL) Unless you are trading, never keep your crypto coins on an Exchange for an extended period of time. In order to take off your XEL (XEL), go to the ”Funds” tab and click on “Withdraw”. XEL (XEL) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find XEL (XEL) by using the given drop-down box. Drop in the amount of XEL (XEL) you'd like to take off. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you are satisfied, click on “Submit”. You may be asked for verfication via email/phone before a take off.