A Step-by-Step-Guide on how to buy PCHAIN (PI)
Step 1 – Signup to CEX.io You'll first need to purchase units of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and to get your Bitcoin or Ethereum.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. PCHAIN (PI) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find (PI) PCHAIN As soon as your deposit has been affirmed, you will now have access to your finances and you can commence purchasing and trading. To purchase (PI) PCHAIN on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. In order to discover (PI) PCHAIN, you will need to insert the shortname of the coin (PI) into the search box, which is marked in the graphic. Be certain of having choosen the proper pairing, we have marked this too. Click on “PI/BTC” to go on.
Step 4 – Purchasing PCHAIN (PI) Once you've spotted PCHAIN (PI), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are creating our Limit Order. The ”Price” field will be filled automatically with the most latest price PCHAIN (PI) was traded for. You can change this to your favoured rate. The ”Amount” field is the amount of PI you wish to buy. The ”Total” field is the total price in BTC that you will pay for the complete amount of PI. When you're happy, click on “Buy PI”. Your plan will be filled when a Vender trades their PI for the price you offered.
Step 5 – Withdraw PCHAIN (PI) Unless you are regularly trading, best advise is not to keep your crypto on an Exchange for an extensive period of time. To withdraw your PCHAIN (PI), hover over the ”Funds” tab and click on “Withdraw”. PCHAIN (PI) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate PCHAIN (PI) by using the provided drop-down box. Drop in the quantity of PCHAIN (PI) you would wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. When you are glad, click “Submit”. You could be requested for email/phone verification before a take off.