A Step-by-Step-Guide on how to buy Phore (PHR)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and getting your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Phore (PHR) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate (PHR) Phore Once your deposit has been confirmed, you'll instantly have access to your assets and you can launch invest and trading. To purchase (PHR) Phore on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. In order to spot (PHR) Phore, you'll need to put the cointype (PHR) into the search box, which is highlighted in the picture. Be certain of having choosen the right pairing, we've highlighted this too. Click on “PHR/BTC” to advance.
Step 4 – Purchase (PHR) Phore As soon as you've found (PHR) Phore, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are creating our own Limit Order. The ”Price” field will be automatically filled with the latest rate (PHR) Phore was traded for. You can change this to your preferred price. The ”Amount” field is the quantity of PHR you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole quantity of PHR. If you are happy, click on “Buy PHR”. Your order will be filled when a Seller sells their PHR for the price you introduced.
Step 5 – Withdraw (PHR) Phore Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive time frame. To take off your (PHR) Phore, hover over the ”Funds” tab and mouse click on “Withdraw”. (PHR) Phore can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (PHR) Phore by using the provided drop-down box. Drop in the quantity of (PHR) Phore you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. If you're glad, click “Submit”. You may be asked for email/phone verification before a take off.