A Step-by-Step-Guide on how to buy ExchangeN (EXN)
Step 1 – Join CEX.io In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and getting your Bitcoin or Ethereum.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. ExchangeN (EXN) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate ExchangeN (EXN) Once your deposit has been verified, you will now have access to your assets and you can commence buying and trading. To invest in ExchangeN (EXN) on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. To discover ExchangeN (EXN), you will need to insert the shortname of the coin (EXN) into the search box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “EXN/BTC” to proceed.
Step 4 – Acquisition of ExchangeN (EXN) As soon as you've located ExchangeN (EXN), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to make our Limit Order. The ”Price” field will be filled automatically with the most recent tariff ExchangeN (EXN) was traded for. This can be changed to your favoured rate. The ”Amount” field is the quantity of EXN you want to purchase. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole quantity of EXN. If you are glad, click on “Buy EXN”. Your order will be filled as soon as a Seller sells their EXN for the price you introduced.
Step 5 – Withdraw ExchangeN (EXN) Unless you are regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your ExchangeN (EXN), go to the ”Funds” tab and mouse click on “Withdraw”. ExchangeN (EXN) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find ExchangeN (EXN) by using the provided drop-down box. Drop in the quantity of ExchangeN (EXN) you would wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you are glad, click on “Submit”. You could be asked for email/phone verification before a take off.