A Step-by-Step-Guide on how to buy TerraUSD (UST)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to buy units of the bigger currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and receive your welcome 10 Dollar.
Step 2 – Send Your Funds to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. TerraUSD (UST) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you have selected the precise 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 dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate (UST) TerraUSD Once your deposit has been approved, you'll now have access to your funds and you can launch buying and trading. To buy (UST) TerraUSD on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. In order to spot (UST) TerraUSD, you'll need to put the shortname of the coin (UST) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we've highlighted this also. Click on “UST/BTC” to go on.
Step 4 – Purchasing (UST) TerraUSD Once you have discovered (UST) TerraUSD, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are creating our Limit Order. The ”Price” field will be automatically filled with the latest price (UST) TerraUSD was traded for. You can change this to your preferred rate. The ”Amount” field is the quantity of UST you like to buy. The ”Total” field is the whole price in BTC that you will pay for the whole quantity of UST. When you're satisfied, make a mouse click on “Buy UST”. Your plan will be filled as soon as a Seller trades their UST for the price you gave.
Step 5 – Withdraw (UST) TerraUSD Unless you are frequently trading, you should never keepyour coins on an Crypto Trader for an longer time frame. To take off your (UST) TerraUSD, go to the tab called “Funds” and click on “Withdraw”. (UST) TerraUSD can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (UST) TerraUSD by using the given drop-down box. Enter the amount of (UST) TerraUSD you would wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.