A Step-by-Step-Guide on how to buy XinFin (XDC)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy units of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and receive your first 10$.
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. XinFin (XDC) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you have selected the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate XinFin (XDC) As soon as your deposit has been confirmed, you will directly have access to your finances and you can start buying and trading. To purchase XinFin (XDC) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To find XinFin (XDC), you will need to insert the short name of the asset (XDC) into the search box, which is marked in the image. Be certain of having choosen the proper grouping, we have marked this also. Click on “XDC/BTC” to advance.
Step 4 – Acquisition of (XDC) XinFin As soon as you have located (XDC) XinFin, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff (XDC) XinFin was sold for. You can change this to your preferred price. The ”Amount” field is the amount of XDC you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole amount of XDC. When you are satisfied, make a mouse click on “Buy XDC”. Your order will be filled as soon as a Vendor trades their XDC for the price you submitted.
Step 5 – Withdraw XinFin (XDC) Unless you are frequently trading, never keep your crypto on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your XinFin (XDC), hover over the ”Funds” tab and click on “Withdraw”. XinFin (XDC) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find XinFin (XDC) by using the provided drop-down box. Drop in the quantity of XinFin (XDC) you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, click “Submit”. You could be asked for verfication via phone/email before a withdrawal.