A Step-by-Step-Guide on how to buy Tellor (TRB)
Step 1 – Join CEX.io You will first need to buy units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and getting your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Tellor (TRB) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate (TRB) Tellor Once your deposit has been confirmed, you'll instantly have access to your finances and you can initiate buying and trading. To invest in (TRB) Tellor on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot (TRB) Tellor, you'll need to put the shortname of the coin (TRB) into the search-box, which is marked in the image. Make sure you have selected the correct grouping, we have marked this too. Click on “TRB/BTC” to continue.
Step 4 – Acquisition of Tellor (TRB) After you have found Tellor (TRB), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are creating our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date tariff Tellor (TRB) was sold for. This can be changed to your desired price. The ”Amount” field is the volumen of TRB you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete volumen of TRB. If you are happy, make a mouse click on “Buy TRB”. Your plan will be filled as soon as a Seller sells their TRB for the price you offered.
Step 5 – Withdraw Tellor (TRB) Unless you are regularly trading, best advise is not to keep your crypto on an Exchange for an extended time period. In order to take off your Tellor (TRB), go to the ”Funds” tab and mouse click on “Withdraw”. Tellor (TRB) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tellor (TRB) by using the given drop-down box. Put into the amount of Tellor (TRB) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. If you are glad, click on “Submit”. You may be asked for email/phone verification ahead of a take off.