A Step-by-Step-Guide on how to buy HonestCoin (USDH)
Step 1 – Join CEX.io You will first need to purchase one of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum or Bitcoin 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 similar. HonestCoin (USDH) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Find HonestCoin (USDH) Once your deposit has been confirmed, you'll instantly have access to your funds and you can launch invest and trading. To buy HonestCoin (USDH) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate HonestCoin (USDH), you'll need to put the shortname of the coin (USDH) into the search box, which is highlighted in the image. Make sure you have choosen the correct pairing, we have highlighted this also. Click on “USDH/BTC” to continue.
Step 4 – Acquisition of HonestCoin (USDH) After you have discovered HonestCoin (USDH), 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 going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date tariff HonestCoin (USDH) was traded for. You can change this to your favoured rate. The ”Amount” field is the volumen of USDH you want to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the whole volumen of USDH. If you're glad, make a mouse click on “Buy USDH”. Your order will be filled as soon as a Vendor sells their USDH for the price you introduced.
Step 5 – Withdraw HonestCoin (USDH) Unless you are frequently trading, you should never keepyour crypto on an Crypto Exchange for an extensive period of time. In order to take off your HonestCoin (USDH), hover over the ”Funds” tab and mouse click on “Withdraw”. HonestCoin (USDH) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate HonestCoin (USDH) by using the provided drop-down box. Drop in the quantity of HonestCoin (USDH) you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.