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 Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Rotten (ROT) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you've selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate Rotten (ROT) As soon as your deposit has been confirmed, you'll now have access to your funds and you can start buying and trading. To purchase Rotten (ROT) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to discover Rotten (ROT), you'll need to insert the shortname of the coin (ROT) into the search-box, which is marked in the picture. Be certain of having choosen the proper grouping, we've marked this also. Click on “ROT/BTC” to proceed.
Step 4 – Buying Rotten (ROT) As soon as you've located Rotten (ROT), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to create our Limit Order. The field with the “Price” tag will be filled automatically with the most latest tariff Rotten (ROT) was traded for. This can be changed to your preferred rate. The ”Amount” field is the amount of ROT you wish to purchase. The ”Total” field is the whole price in Bitcoin that you will pay for the whole amount of ROT. When you're glad, make a mouse click on “Buy ROT”. Your order will be filled when a Vender sells their ROT for the price you gave.
Step 5 – Withdraw Rotten (ROT) Unless you're regularly trading, never keep your crypto coins on an Exchange for an extended period of time. In order to withdraw your Rotten (ROT), hover over the ”Funds” tab and click on “Withdraw”. Rotten (ROT) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Rotten (ROT) by using the provided drop-down box. Enter the amount of Rotten (ROT) you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you're satisfied, click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.