A Step-by-Step-Guide on how to buy PCHAIN (PI)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy units of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and to get your welcome 10$.
Step 2 – Transfer 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. PCHAIN (PI) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find (PI) PCHAIN As soon as your deposit has been verified, you'll now have access to your funds and you can begin buying and trading. To buy (PI) PCHAIN on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. In order to locate (PI) PCHAIN, you'll need to put the cointype (PI) into the search box, which is marked in the picture. Make sure you have selected the correct grouping, we have marked this also. Click on “PI/BTC” to proceed.
Step 4 – Purchasing (PI) PCHAIN After you have found (PI) PCHAIN, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date rate (PI) PCHAIN was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of PI you like to buy. The ”Total” field is the whole price in BTC that you'll pay for the complete amount of PI. When you're happy, click on “Buy PI”. Your order will be filled when a Vender sells their PI for the price you introduced.
Step 5 – Withdraw (PI) PCHAIN Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Trader for an extended time frame. To take off your (PI) PCHAIN, hover over the tab called “Funds” and click on “Withdraw”. (PI) PCHAIN can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (PI) PCHAIN by using the provided drop-down box. Enter the volumen of (PI) PCHAIN you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you're glad, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.