A Step-by-Step-Guide on how to buy Pandacoin (PND)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and getting your Ethereum or Bitcoin.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Pandacoin (PND) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate Pandacoin (PND) Once your deposit has been verified, you'll immediately have access to your funds and you can commence buying and trading. To buy Pandacoin (PND) on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”. To find Pandacoin (PND), you'll need to insert the short name of the asset (PND) into the search-box, which is marked in the image. Be certain of having selected the correct grouping, we have marked this also. Click on “PND/BTC” to go ahead.
Step 4 – Buying Pandacoin (PND) After you have found Pandacoin (PND), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are creating our Limit Order. The field with the “Price” tag will be automatically filled with the latest price Pandacoin (PND) was traded for. You can change this to your desired price. The ”Amount” field is the amount of PND you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole amount of PND. When you're satisfied, make a mouse click on “Buy PND”. Your plan will be filled when a Vender sells their PND for the price you submitted.
Step 5 – Withdraw Pandacoin (PND) Unless you're regularly 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 Pandacoin (PND), hover over the tab called “Funds” and click on “Withdraw”. Pandacoin (PND) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Pandacoin (PND) by using the given drop-down box. Put into the quantity of Pandacoin (PND) you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. If you're glad, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.