A Step-by-Step-Guide on how to buy Rope ($ROPE)
Step 1 – Join CEX.io You'll first need to purchase units of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and to get your Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Rope ($ROPE) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've selected the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Rope ($ROPE) As soon as your deposit has been confirmed, you'll now have access to your finances and you can commence purchasing and trading. To invest in Rope ($ROPE) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. In order to spot Rope ($ROPE), you'll need to insert the cointype ($ROPE) into the search-box, which is highlighted in the image. Make sure you have selected the proper grouping, we have highlighted this also. Click on “$ROPE/BTC” to advance.
Step 4 – Purchasing Rope ($ROPE) As soon as you have spotted Rope ($ROPE), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date valuation Rope ($ROPE) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of $ROPE you like to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete quantity of $ROPE. When you are glad, click on “Buy $ROPE”. Your plan will be filled as soon as a Vendor trades their $ROPE for the price you offered.
Step 5 – Withdraw Rope ($ROPE) Unless you are trading, you should never keepyour crypto on an Crypto Exchange for an extended time period. To withdraw your Rope ($ROPE), hover over the ”Funds” tab and click on “Withdraw”. Rope ($ROPE) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Rope ($ROPE) by using the given drop-down box. Enter the amount of Rope ($ROPE) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address. When you are glad, click “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.