A Step-by-Step-Guide on how to buy Papercoin (PAPER)
Step 1 – Join CEX.io In the beginning you'll need to purchase one of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below for registration and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Papercoin (PAPER) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find Papercoin (PAPER) Once your deposit has been confirmed, you'll immediately have access to your funds and you can start purchasing and trading. To invest in Papercoin (PAPER) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To spot Papercoin (PAPER), you'll need to put the cointype (PAPER) into the search box, which is marked in the graphic. Be certain of having choosen the proper grouping, we've marked this too. Click on “PAPER/BTC” to advance.
Step 4 – Buy Papercoin (PAPER) As soon as you've located Papercoin (PAPER), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled with the most recent valuation Papercoin (PAPER) was traded for. This can be changed to your preferred rate. The ”Amount” field is the volumen of PAPER you like to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the complete volumen of PAPER. If you are glad, make a mouse click on “Buy PAPER”. Your plan will be filled as soon as a Vendor sells their PAPER for the price you submitted.
Step 5 – Withdraw Papercoin (PAPER) Unless you're frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended time period. In order to withdraw your Papercoin (PAPER), hover over the tab called “Funds” and mouse click on “Withdraw”. Papercoin (PAPER) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Papercoin (PAPER) by using the provided drop-down box. Put into the amount of Papercoin (PAPER) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address. When you're happy, click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.