A Step-by-Step-Guide on how to buy Primecoin (XPM)
Step 1 – Signup to CEX.io You will first need to purchase units of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and receive your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin or Ethereum 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. Primecoin (XPM) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate Primecoin (XPM) Once your deposit has been verified, you'll instantly have access to your funds and you can begin purchasing and trading. To purchase Primecoin (XPM) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To spot Primecoin (XPM), you'll need to insert the cointype (XPM) into the search box, which is highlighted in the picture. Make sure you have selected the right grouping, we've highlighted this also. Click on “XPM/BTC” to proceed.
Step 4 – Purchasing Primecoin (XPM) Once you've discovered Primecoin (XPM), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are creating our own Limit Order. The field with the “Price” tag will be filled with the recent valuation Primecoin (XPM) was sold for. You can change this to your desired price. The ”Amount” field is the amount of XPM you like to purchase. The ”Total” field is the total price in BTC that you will settle for the complete amount of XPM. When you are satisfied, make a mouse click on “Buy XPM”. Your plan will be filled when a Vender sells their XPM for the price you submitted.
Step 5 – Withdraw (XPM) Primecoin Unless you are trading, you should never keepyour crypto on an Crypto Trader for an extensive time frame. In order to withdraw your (XPM) Primecoin, go to the tab called “Funds” and click on “Withdraw”. (XPM) Primecoin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (XPM) Primecoin by using the provided drop-down box. Enter the quantity of (XPM) Primecoin you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address. If you are satisfied, click on “Submit”. You could be asked for phone/email verification before a withdrawal.