A Step-by-Step-Guide on how to buy ()
Step 1 – Signup to CEX.io You will first need to buy one of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and to get your Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. () is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find () As soon as your deposit has been approved, you will immediately have access to your assets and you can begin buying and trading. To purchase () on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”. In order to discover () , you will need to insert the shortname of the coin () into the search box, which is marked in the image. Make sure you have selected the right pairing, we have marked this also. Click on “/BTC” to progress.
Step 4 – Purchasing () After you've spotted (), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are making our Limit Order. The field with the “Price” tag will be filled automatically with the most latest tariff () was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you will pay for the whole amount of . If you're glad, make a mouse click on “Buy “. Your plan will be filled as soon as a Seller sells their for the price you submitted.
Step 5 – Withdraw () Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Trader for an extensive time frame. In order to take off your () , hover over the ”Funds” tab and click on “Withdraw”. () can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate () by using the given drop-down box. Put into the quantity of () you'd like to take off. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you're happy, click “Submit”. You could be requested for verfication via phone/email ahead of a take off.