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 major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and receive your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. PCHAIN (PI) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate PCHAIN (PI) Once your deposit has been approved, you will immediately have access to your funds and you can launch invest and trading. To purchase PCHAIN (PI) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. To discover PCHAIN (PI), you will need to put the short name of the asset (PI) into the search box, which is marked in the graphic. Make sure you have selected the proper grouping, we have marked this too. Click on “PI/BTC” to advance.
Step 4 – Purchasing PCHAIN (PI) After you have spotted PCHAIN (PI), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to create our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date tariff PCHAIN (PI) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the amount of PI you like to purchase. The ”Total” field is the total price in BTC that you will pay for the whole amount of PI. When you're happy, make a mouse click on “Buy PI”. Your plan will be filled as soon as a Vender trades their PI for the price you submitted.
Step 5 – Withdraw PCHAIN (PI) Unless you're trading, never keep your crypto coins on an Crypto Exchange for an extensive time frame. To withdraw your PCHAIN (PI), go to the ”Funds” tab and click on “Withdraw”. PCHAIN (PI) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find PCHAIN (PI) by using the given drop-down box. Enter the quantity of PCHAIN (PI) you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. When you're satisfied, click on “Submit”. You may be requested for verfication via phone/email before a take off.