A Step-by-Step-Guide on where to buy P2P (P2P)
Step 1 – Signup to CEX.io In the beginning you'll need to buy one of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and to get your Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. P2P (P2P) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate P2P (P2P) As soon as your deposit has been verified, you'll immediately have access to your finances and you can commence purchasing and trading. To purchase P2P (P2P) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. In order to find P2P (P2P), you will need to insert the cointype (P2P) into the search box, which is marked in the graphic. Make sure you have choosen the right grouping, we've marked this too. Click on “P2P/BTC” to go on.
Step 4 – Acquisition of P2P (P2P) After you've spotted P2P (P2P), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're making our Limit Order. The field with the “Price” tag will be filled with the up-to-date tariff P2P (P2P) was sold for. You can change this to your desired price. The ”Amount” field is the quantity of P2P you like to buy. The ”Total” field is the total price in Bitcoin that you'll settle for the complete volumen of P2P. If you're happy, make a mouse click on “Buy P2P”. Your plan will be filled as soon as a Vender sells their P2P for the price you gave.
Step 5 – Withdraw P2P (P2P) Unless you're trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer time frame. To withdraw your P2P (P2P), hover over the ”Funds” tab and mouse click on “Withdraw”. P2P (P2P) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate P2P (P2P) by using the provided drop-down box. Put into the volumen of P2P (P2P) you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. If you are glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.