A Step-by-Step-Guide on how to buy ERC20 (ERC20)
Step 1 – Join CEX.io You will first need to purchase one of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and to get your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. ERC20 (ERC20) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate ERC20 (ERC20) As soon as your deposit has been verified, you will immediately have access to your funds and you can initiate invest and trading. To purchase ERC20 (ERC20) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to find ERC20 (ERC20), you will need to put the shortname of the coin (ERC20) into the search box, which is highlighted in the image. Make sure you have choosen the right pairing, we've highlighted this too. Click on “ERC20/BTC” to proceed.
Step 4 – Purchase ERC20 (ERC20) As soon as you've spotted ERC20 (ERC20), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we are making our own Limit Order. The field with the “Price” tag will be filled with the recent tariff ERC20 (ERC20) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of ERC20 you like to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the complete volumen of ERC20. If you are satisfied, make a mouse click on “Buy ERC20”. Your plan will be filled when a Vender sells their ERC20 for the price you gave.
Step 5 – Withdraw (ERC20) ERC20 Unless you're frequently trading, never keep your coins on an Crypto Exchange for an extended time frame. In order to take off your (ERC20) ERC20, hover over the ”Funds” tab and click on “Withdraw”. (ERC20) ERC20 can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (ERC20) ERC20 by using the provided drop-down box. Put into the amount of (ERC20) ERC20 you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you're glad, make a mouse click on “Submit”. You may be requested for email/phone verification before a take off.