A Step-by-Step-Guide on how to buy Potcoin (POT)
Step 1 – Signup to CEX.io You will first need to buy one of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Potcoin (POT) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate Potcoin (POT) Once your deposit has been verified, you will directly have access to your assets and you can start purchasing and trading. To invest in Potcoin (POT) on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”. In order to locate Potcoin (POT), you will need to put the short name of the asset (POT) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we have marked this too. Click on “POT/BTC” to progress.
Step 4 – Purchasing (POT) Potcoin Once you have found (POT) Potcoin, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date price (POT) Potcoin was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of POT you want to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the complete amount of POT. When you're glad, click on “Buy POT”. Your order will be filled as soon as a Vendor trades their POT for the price you introduced.
Step 5 – Withdraw (POT) Potcoin Unless you are frequently trading, best advise is not to keep crypto on an Crypto Trader for an extensive time frame. To withdraw your (POT) Potcoin, go to the ”Funds” tab and click on “Withdraw”. (POT) Potcoin can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (POT) Potcoin by using the given drop-down box. Put into the amount of (POT) Potcoin you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a take off.