A Step-by-Step-Guide on how to buy Photon (PHO)
Step 1 – Signup to CEX.io You'll first need to buy units of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have 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 Cryptocurrency Exchange? (Follow these easy steps) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Photon (PHO) As soon as your deposit has been approved, you'll directly have access to your finances and you can begin buying and trading. To invest in Photon (PHO) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. To discover Photon (PHO), you'll need to put the cointype (PHO) into the search-box, which is marked in the image. Be certain of having choosen the proper pairing, we've marked this too. Click on “PHO/BTC” to continue.
Step 4 – Purchasing (PHO) Photon Once you've spotted (PHO) Photon, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent valuation (PHO) Photon was sold for. This can be changed to your desired price. The ”Amount” field is the volumen of PHO you want to buy. The ”Total” field is the total price in Bitcoin that you will pay for the whole volumen of PHO. If you are happy, click on “Buy PHO”. Your plan will be filled as soon as a Seller sells their PHO for the price you submitted.
Step 5 – Withdraw Photon (PHO) Unless you're regularly trading, you should never keepyour coins on an Crypto Trader for an extended time frame. In order to withdraw your Photon (PHO), go to the ”Funds” tab and click on “Withdraw”. Photon (PHO) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Photon (PHO) by using the provided drop-down box. Drop in the quantity of Photon (PHO) you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you're happy, click on “Submit”. You may be requested for phone/email verification ahead of a take off.