A Step-by-Step-Guide on how to buy Pandacoin (PND)
Step 1 – Signup to CEX.io You will first need to purchase units of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and to get your Bitcoin or Ethereum.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Pandacoin (PND) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find Pandacoin (PND) Once your deposit has been verified, you will immediately have access to your assets and you can initiate buying and trading. To purchase Pandacoin (PND) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot Pandacoin (PND), you will need to insert the cointype (PND) into the search-box, which is marked in the image. Be certain of having selected the proper pairing, we've marked this too. Click on “PND/BTC” to progress.
Step 4 – Buying Pandacoin (PND) After you've found Pandacoin (PND), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are creating our Limit Order. The ”Price” field will be filled automatically with the recent price Pandacoin (PND) was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of PND you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole quantity of PND. When you're happy, make a mouse click on “Buy PND”. Your plan will be filled when a Vendor sells their PND for the price you gave.
Step 5 – Withdraw (PND) Pandacoin Unless you're regularly trading, best advise is not to keep your crypto coins on an Exchange for an longer period of time. To withdraw your (PND) Pandacoin, go to the ”Funds” tab and click on “Withdraw”. (PND) Pandacoin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (PND) Pandacoin by using the provided drop-down box. Enter the quantity of (PND) Pandacoin you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you're happy, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.