A Step-by-Step-Guide on how to buy Phore (PHR)
Step 1 – Join CEX.io In the beginning you'll need to buy one of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and receive your Ethereum or Bitcoin.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Phore (PHR) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find Phore (PHR) As soon as your deposit has been verified, you'll now have access to your funds and you can initiate buying and trading. To buy Phore (PHR) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. In order to locate Phore (PHR), you'll need to put the shortname of the coin (PHR) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we have highlighted this also. Click on “PHR/BTC” to continue.
Step 4 – Buy Phore (PHR) Once you've located Phore (PHR), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are making our Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff Phore (PHR) was traded for. You can change this to your preferred rate. The ”Amount” field is the amount of PHR you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole amount of PHR. When you are glad, click on “Buy PHR”. Your plan will be filled when a Vendor trades their PHR for the price you offered.
Step 5 – Withdraw Phore (PHR) Unless you're trading, best advise is not to keep crypto on an Crypto Exchange for an extended period of time. To take off your Phore (PHR), go to the ”Funds” tab and mouse click on “Withdraw”. Phore (PHR) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Phore (PHR) by using the given drop-down box. Drop in the volumen of Phore (PHR) you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. If you're glad, make a mouse click on “Submit”. You could be asked for phone/email verification before a withdrawal.