A Step-by-Step-Guide on how to buy Photon (PHO)
Step 1 – Signup to CEX.io You will first need to buy one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Photon (PHO) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you have chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find Photon (PHO) As soon as your deposit has been approved, you will now have access to your finances and you can initiate purchasing and trading. To invest in Photon (PHO) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. In order to discover Photon (PHO), you will need to put the cointype (PHO) into the search box, which is highlighted in the image. Be certain of having selected the right grouping, we've highlighted this too. Click on “PHO/BTC” to continue.
Step 4 – Acquisition of Photon (PHO) Once you've discovered Photon (PHO), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make our Limit Order. The ”Price” field will be automatically filled with the most recent rate Photon (PHO) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of PHO you wish to purchase. The ”Total” field is the whole price in BTC that you will settle for the complete volumen of PHO. When you are glad, click on “Buy PHO”. Your order will be filled as soon as a Vendor sells their PHO for the price you offered.
Step 5 – Withdraw Photon (PHO) Unless you are trading, never keep your coins on an Crypto Exchange for an extensive time frame. In order to take off your Photon (PHO), hover over the ”Funds” tab and mouse click on “Withdraw”. Photon (PHO) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Photon (PHO) by using the provided drop-down box. Put into the quantity of Photon (PHO) you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification before a withdrawal.