A Step-by-Step-Guide on how to buy Terracoin (TRC)
Step 1 – Signup to CEX.io You will first need to buy one of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Terracoin (TRC) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you've chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate (TRC) Terracoin As soon as your deposit has been confirmed, you'll instantly have access to your finances and you can begin buying and trading. To buy (TRC) Terracoin on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to spot (TRC) Terracoin, you'll need to put the short name of the asset (TRC) into the search box, which is marked in the image. Make sure you have choosen the proper grouping, we've marked this also. Click on “TRC/BTC” to advance.
Step 4 – Buy Terracoin (TRC) Once you have spotted Terracoin (TRC), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're going to create our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date valuation Terracoin (TRC) was traded for. This can be changed to your favoured rate. The ”Amount” field is the quantity of TRC you wish to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the whole quantity of TRC. If you're satisfied, click on “Buy TRC”. Your plan will be filled when a Vender trades their TRC for the price you gave.
Step 5 – Withdraw (TRC) Terracoin Unless you're frequently trading, you should never keepyour crypto on an Exchange for an extensive time period. To take off your (TRC) Terracoin, hover over the ”Funds” tab and mouse click on “Withdraw”. (TRC) Terracoin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (TRC) Terracoin by using the provided drop-down box. Put into the amount of (TRC) Terracoin you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. When you're happy, click on “Submit”. You could be asked for phone/email verification before a take off.