A Step-by-Step-Guide on how to buy Rotten (ROT)
Step 1 – Signup to CEX.io You will first need to buy one of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Funds to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Rotten (ROT) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate Rotten (ROT) As soon as your deposit has been affirmed, you'll now have access to your funds and you can start buying and trading. To buy Rotten (ROT) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. To spot Rotten (ROT), you will need to insert the shortname of the coin (ROT) into the search box, which is marked in the image. Make sure you have selected the correct grouping, we have highlighted this too. Click on “ROT/BTC” to proceed.
Step 4 – Acquisition of Rotten (ROT) Once you have located Rotten (ROT), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're creating our own Limit Order. The ”Price” field will be filled with the most recent rate Rotten (ROT) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of ROT you want to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the whole quantity of ROT. When you are glad, make a mouse click on “Buy ROT”. Your plan will be filled as soon as a Vendor trades their ROT for the price you offered.
Step 5 – Withdraw Rotten (ROT) Unless you are regularly trading, best advise is not to keep coins on an Crypto Trader for an extensive time period. To withdraw your Rotten (ROT), go to the tab called “Funds” and click on “Withdraw”. Rotten (ROT) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Rotten (ROT) by using the provided drop-down box. Drop in the amount of Rotten (ROT) you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address. If you're happy, click “Submit”. You could be requested for verfication via phone/email before a withdrawal.