A Step-by-Step-Guide on how to buy Abyss (ABYSS)
Step 1 – Join CEX.io In the beginning you'll need to purchase units of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Abyss (ABYSS) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Abyss (ABYSS) As soon as your deposit has been approved, you'll now have access to your assets and you can commence buying and trading. To purchase Abyss (ABYSS) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. In order to locate Abyss (ABYSS), you'll need to insert the short name of the asset (ABYSS) into the search-box, which is highlighted in the image. Be certain of having choosen the correct grouping, we have highlighted this too. Click on “ABYSS/BTC” to proceed.
Step 4 – Buy Abyss (ABYSS) As soon as you've spotted Abyss (ABYSS), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest tariff Abyss (ABYSS) was sold for. This can be changed to your favoured rate. The ”Amount” field is the volumen of ABYSS you wish to buy. The ”Total” field is the aggregated price in BTC that you will settle for the whole volumen of ABYSS. If you're happy, click on “Buy ABYSS”. Your order will be filled as soon as a Vendor trades their ABYSS for the price you gave.
Step 5 – Withdraw Abyss (ABYSS) Unless you're trading, best advise is not to keep your crypto on an Exchange for an longer time frame. In order to take off your Abyss (ABYSS), hover over the ”Funds” tab and mouse click on “Withdraw”. Abyss (ABYSS) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Abyss (ABYSS) by using the given drop-down box. Drop in the amount of Abyss (ABYSS) you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address. When you're glad, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.