A Step-by-Step-Guide on how to buy ()
Step 1 – Join CEX.io You will first need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and to get your Bitcoin or Ethereum.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. () is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate () Once your deposit has been confirmed, you'll immediately have access to your finances and you can begin purchasing and trading. To invest in () on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate (), you'll need to insert the cointype () into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “/BTC” to continue.
Step 4 – Purchase () As soon as you've found (), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're creating our Limit Order. The field with the “Price” tag will be filled with the most latest valuation () was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of you wish to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the whole amount of . When you're glad, click on “Buy “. Your plan will be filled as soon as a Vender trades their for the price you offered.
Step 5 – Withdraw () Unless you are regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your () , go to the ”Funds” tab and click on “Withdraw”. () can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find () by using the provided drop-down box. Put into the amount of () you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address. When you are happy, click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.