Skip to content Skip to footer

How to Buy Hydro Protocol (HOT)

A Step-by-Step-Guide on how to buy Hydro Protocol (HOT)

Step 1 – Join CEX.io

You'll first need to purchase units of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and getting your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Hydro Protocol (HOT) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps)

Make sure you have selected the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Find Hydro Protocol (HOT)

Once your deposit has been affirmed, you'll now have access to your assets and you can commence purchasing and trading. To purchase Hydro Protocol (HOT) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to discover Hydro Protocol (HOT), you'll need to put the cointype (HOT) into the search box, which is highlighted in the graphic. Be certain of having choosen the right grouping, we've highlighted this too. Click on “HOT/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Hydro Protocol (HOT)
Step 4 – Acquisition of (HOT) Hydro Protocol

As soon as you have located (HOT) Hydro Protocol, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're going to create our own Limit Order.

The ”Price” field will be filled with the recent price (HOT) Hydro Protocol was sold for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of HOT you want to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the complete volumen of HOT.

If you are happy, make a mouse click on “Buy HOT”. Your plan will be filled as soon as a Vender trades their HOT for the price you gave.

Step 5 – Withdraw (HOT) Hydro Protocol

Unless you are frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended time frame. In order to take off your (HOT) Hydro Protocol, go to the ”Funds” tab and click on “Withdraw”. (HOT) Hydro Protocol can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (HOT) Hydro Protocol by using the given drop-down box. Enter the quantity of (HOT) Hydro Protocol you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address.

If you are glad, click “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.

Congrats! You've successfully purchased and stored (HOT) Hydro Protocol.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (HOT) Hydro Protocol is stored within your wallet, you are done.