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 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. XEL (XEL) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide) Make sure you've selected the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate XEL (XEL) As soon as your deposit has been approved, you will directly have access to your funds and you can begin invest and trading. To buy XEL (XEL) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To spot XEL (XEL), you'll need to put the short name of the asset (XEL) into the search box, which is marked in the image. Make sure you have choosen the correct pairing, we've marked this also. Click on “XEL/BTC” to continue.
Step 4 – Purchase XEL (XEL) After you've discovered XEL (XEL), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest tariff XEL (XEL) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of XEL you like to buy. The ”Total” field is the total price in BTC that you will pay for the whole volumen of XEL. If you're happy, click on “Buy XEL”. Your plan will be filled when a Seller sells their XEL for the price you offered.
Step 5 – Withdraw XEL (XEL) Unless you're regularly trading, you should never keepyour coins on an Crypto Trader for an extended period of time. In order to take off your XEL (XEL), go to the tab called “Funds” and mouse 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. Enter the volumen of XEL (XEL) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you are happy, click “Submit”. You may be requested for phone/email verification ahead of a withdrawal.