A Step-by-Step-Guide on how to buy Pillar (PLR)
Step 1 – Signup to CEX.io You'll first need to buy units of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below to register and receive your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Pillar (PLR) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Pillar (PLR) As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can commence buying and trading. To buy Pillar (PLR) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. To find Pillar (PLR), you'll need to put the cointype (PLR) into the search-box, which is highlighted in the picture. Be certain of having selected the proper grouping, we have highlighted this too. Click on “PLR/BTC” to advance.
Step 4 – Buy Pillar (PLR) As soon as you've discovered Pillar (PLR), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are making our Limit Order. The ”Price” field will be automatically filled with the most recent rate Pillar (PLR) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of PLR you want to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole volumen of PLR. When you are glad, make a mouse click on “Buy PLR”. Your order will be filled as soon as a Vender trades their PLR for the price you introduced.
Step 5 – Withdraw Pillar (PLR) Unless you're trading, never keep your crypto on an Exchange for an longer period of time. To take off your Pillar (PLR), go to the ”Funds” tab and mouse click on “Withdraw”. Pillar (PLR) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Pillar (PLR) by using the given drop-down box. Enter the amount of Pillar (PLR) you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you're satisfied, click “Submit”. You could be requested for phone/email verification ahead of a take off.