A Step-by-Step-Guide on where to buy Chainpay (CPAY)
Step 1 – Signup to CEX.io You will first need to buy units of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and to get your Bitcoin or Ethereum.
Step 2 – Transfer Your Funds to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Chainpay (CPAY) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find Chainpay (CPAY) As soon as your deposit has been confirmed, you'll directly have access to your assets and you can initiate buying and trading. To invest in Chainpay (CPAY) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. In order to discover Chainpay (CPAY), you will need to insert the short name of the asset (CPAY) into the search box, which is highlighted in the graphic. Be certain of having selected the correct grouping, we have marked this too. Click on “CPAY/BTC” to progress.
Step 4 – Purchase Chainpay (CPAY) As soon as you have spotted Chainpay (CPAY), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most latest price Chainpay (CPAY) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of CPAY you want to purchase. The ”Total” field is the aggregated price in BTC that you will settle for the whole amount of CPAY. When you're glad, make a mouse click on “Buy CPAY”. Your plan will be filled when a Vendor trades their CPAY for the price you gave.
Step 5 – Withdraw Chainpay (CPAY) Unless you are frequently trading, never keep your coins on an Exchange for an extensive period of time. To withdraw your Chainpay (CPAY), go to the ”Funds” tab and click on “Withdraw”. Chainpay (CPAY) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Chainpay (CPAY) by using the given drop-down box. Enter the quantity of Chainpay (CPAY) you would like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. If you're happy, click “Submit”. You may be asked for phone/email verification ahead of a take off.