A Step-by-Step-Guide on how to buy Honk Honk (HONK)
Step 1 – Join CEX.io You will first need to buy one of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and receive your Bitcoin or Ethereum.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Honk Honk (HONK) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Honk Honk (HONK) As soon as your deposit has been affirmed, you will immediately have access to your assets and you can launch buying and trading. To invest in Honk Honk (HONK) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. In order to discover Honk Honk (HONK), you'll need to put the short name of the asset (HONK) into the search-box, which is marked in the graphic. Make sure you have choosen the proper grouping, we have highlighted this also. Click on “HONK/BTC” to go ahead.
Step 4 – Purchase Honk Honk (HONK) Once you have located Honk Honk (HONK), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate Honk Honk (HONK) was traded for. This can be changed to your preferred price. The ”Amount” field is the quantity of HONK you want to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the whole quantity of HONK. When you are happy, make a mouse click on “Buy HONK”. Your plan will be filled when a Vendor sells their HONK for the price you submitted.
Step 5 – Withdraw Honk Honk (HONK) Unless you are frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer period of time. In order to take off your Honk Honk (HONK), hover over the tab called “Funds” and mouse click on “Withdraw”. Honk Honk (HONK) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Honk Honk (HONK) by using the given drop-down box. Enter the quantity of Honk Honk (HONK) you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you are glad, click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.