A Step-by-Step-Guide on how to buy Porkchop (CHOP)
Step 1 – Signup to CEX.io You will first need to purchase units of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Porkchop (CHOP) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Porkchop (CHOP) As soon as your deposit has been approved, you will immediately have access to your finances and you can initiate buying and trading. To purchase Porkchop (CHOP) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. To locate Porkchop (CHOP), you will need to put the cointype (CHOP) into the search box, which is marked in the image. Make sure you have selected the right pairing, we've marked this too. Click on “CHOP/BTC” to progress.
Step 4 – Purchase Porkchop (CHOP) Once you've found Porkchop (CHOP), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're creating our own Limit Order. The ”Price” field will be filled automatically with the most latest rate Porkchop (CHOP) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of CHOP you want to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the whole quantity of CHOP. When you are glad, make a mouse click on “Buy CHOP”. Your plan will be filled as soon as a Vendor sells their CHOP for the price you offered.
Step 5 – Withdraw Porkchop (CHOP) Unless you are frequently trading, best advise is not to keep coins on an Exchange for an longer time period. To take off your Porkchop (CHOP), go to the tab called “Funds” and click on “Withdraw”. Porkchop (CHOP) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Porkchop (CHOP) by using the given drop-down box. Put into the quantity of Porkchop (CHOP) you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address. If you are glad, click “Submit”. You could be asked for verfication via email/phone before a take off.