A Step-by-Step-Guide on how to buy ()
Step 1 – Signup to CEX.io In the beginning you'll need to buy one of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. () is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find () Once your deposit has been confirmed, you'll now have access to your assets and you can begin invest and trading. To buy () on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. To discover (), you'll need to insert the cointype () into the search-box, which is marked in the picture. Make sure you have selected the correct pairing, we've marked this too. Click on “/BTC” to go on.
Step 4 – Acquisition of () After you've found () , you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are creating our Limit Order. The field with the “Price” tag will be automatically filled with the most recent rate () was sold for. This can be changed to your favoured rate. The ”Amount” field is the amount of you want to purchase. The ”Total” field is the total price in BTC that you'll pay for the whole amount of . If you're glad, make a mouse click on “Buy “. Your plan will be filled when a Seller trades their for the price you offered.
Step 5 – Withdraw () Unless you are frequently trading, never keep your crypto coins on an Crypto Exchange for an extended time frame. To withdraw your (), go to the ”Funds” tab and click on “Withdraw”. () can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate () by using the provided drop-down box. Enter the quantity of () you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you are happy, click “Submit”. You could be requested for verfication via email/phone ahead of a take off.