A Step-by-Step-Guide on how to buy Paycent (PYN)
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to buy units of the top-tier currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and getting your first $10.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Paycent (PYN) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you've selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Paycent (PYN) As soon as your deposit has been affirmed, you'll now have access to your finances and you can start purchasing and trading. To purchase Paycent (PYN) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to discover Paycent (PYN), you'll need to insert the shortname of the coin (PYN) into the search box, which is marked in the image. Be certain of having choosen the correct pairing, we've marked this also. Click on “PYN/BTC” to continue.
Step 4 – Buying (PYN) Paycent After you've found (PYN) Paycent, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to make our own Limit Order. The ”Price” field will be filled automatically with the up-to-date valuation (PYN) Paycent was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of PYN you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole quantity of PYN. When you're satisfied, click on “Buy PYN”. Your plan will be filled when a Vender sells their PYN for the price you offered.
Step 5 – Withdraw (PYN) Paycent Unless you are trading, never keep your coins on an Crypto Exchange for an extensive time frame. To take off your (PYN) Paycent, hover over the tab called “Funds” and click on “Withdraw”. (PYN) Paycent can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (PYN) Paycent by using the given drop-down box. Enter the amount of (PYN) Paycent you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. If you are happy, click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.