A Step-by-Step-Guide on how to buy Photon (PHO)
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to buy one of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and receive your first 10$.
Step 2 – Transfer Your Funds to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Photon (PHO) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate (PHO) Photon Once your deposit has been approved, you'll instantly have access to your assets and you can launch invest and trading. To buy (PHO) Photon on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. To find (PHO) Photon, you'll need to insert the cointype (PHO) into the search box, which is highlighted in the picture. Be certain of having choosen the right grouping, we've highlighted this also. Click on “PHO/BTC” to go ahead.
Step 4 – Purchasing (PHO) Photon As soon as you've discovered (PHO) Photon, 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're creating our Limit Order. The ”Price” field will be filled automatically with the most latest valuation (PHO) Photon was sold for. This can be changed to your favoured rate. The ”Amount” field is the amount of PHO you want to purchase. The ”Total” field is the whole price in BTC that you will pay for the whole amount of PHO. If you're happy, click on “Buy PHO”. Your order will be filled when a Vender trades their PHO for the price you offered.
Step 5 – Withdraw (PHO) Photon Unless you are regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer time period. To take off your (PHO) Photon, hover over the tab called “Funds” and mouse click on “Withdraw”. (PHO) Photon can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (PHO) Photon by using the given drop-down box. Enter the amount of (PHO) Photon you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you are glad, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.