A Step-by-Step-Guide on how to buy ()
Step 1 – Signup to CEX.io You'll first need to buy units of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Funds to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. () is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you have chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate () Once your deposit has been confirmed, you will instantly have access to your finances and you can begin invest and trading. To invest in () on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to locate (), you will need to put the cointype () into the search box, which is marked in the image. Be certain of having choosen the correct grouping, we've marked this also. Click on “/BTC” to go ahead.
Step 4 – Buying () As soon as you have located () , you'll 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 creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff () was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of you like to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the complete amount of . If you're happy, make a mouse click on “Buy “. Your order will be filled when a Vender trades their for the price you submitted.
Step 5 – Withdraw () Unless you're trading, never keep your coins on an Cryptocurrency Exchange for an extended time period. In order to take off your () , hover over the tab called “Funds” and mouse click on “Withdraw”. () can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate () by using the provided drop-down box. Drop in the amount of () you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. When you're glad, make a mouse click on “Submit”. You could be asked for phone/email verification before a withdrawal.