A Step-by-Step-Guide on how to buy Primecoin (XPM)
Step 1 – Join CEX.io You'll first need to buy units of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Primecoin (XPM) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate Primecoin (XPM) As soon as your deposit has been approved, you'll instantly have access to your assets and you can begin purchasing and trading. To invest in Primecoin (XPM) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. In order to spot Primecoin (XPM), you'll need to put the cointype (XPM) into the search box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we've highlighted this too. Click on “XPM/BTC” to go on.
Step 4 – Acquisition of Primecoin (XPM) As soon as you have spotted Primecoin (XPM), 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 going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate Primecoin (XPM) was sold for. You can change this to your preferred rate. The ”Amount” field is the quantity of XPM you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole quantity of XPM. If you're glad, click on “Buy XPM”. Your plan will be filled when a Vendor sells their XPM for the price you introduced.
Step 5 – Withdraw Primecoin (XPM) Unless you are trading, you should never keepyour crypto on an Crypto Trader for an longer time frame. In order to withdraw your Primecoin (XPM), hover over the ”Funds” tab and mouse click on “Withdraw”. Primecoin (XPM) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Primecoin (XPM) by using the given drop-down box. Drop in the volumen of Primecoin (XPM) you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.