A Step-by-Step-Guide on how to buy ()
Step 1 – Join CEX.io In the beginning you'll need to buy units of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and getting your Bitcoin or Ethereum.
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. () is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate () Once your deposit has been confirmed, you'll immediately have access to your assets and you can launch invest and trading. To invest in () on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to discover (), you'll need to put the short name of the asset () into the search box, which is marked in the picture. Be certain of having choosen the proper grouping, we have marked this also. Click on “/BTC” to continue.
Step 4 – Buying () After you have found () , you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're making our Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff () was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of you wish to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the whole quantity of . When you are satisfied, click on “Buy “. Your order will be filled as soon as a Vender sells their for the price you introduced.
Step 5 – Withdraw () Unless you're trading, you should never keepyour crypto on an Exchange for an longer time frame. In order to take off your (), hover over the tab called “Funds” and mouse click on “Withdraw”. () can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find () by using the given drop-down box. Enter the amount of () you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. If you're happy, click on “Submit”. You could be requested for phone/email verification ahead of a take off.