A Step-by-Step-Guide on where to buy WeiDai (WEIDAI)
Step 1 – Signup to CEX.io You will first need to purchase one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below for registration and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. WeiDai (WEIDAI) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you have selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find WeiDai (WEIDAI) As soon as your deposit has been approved, you will instantly have access to your finances and you can initiate buying and trading. To invest in WeiDai (WEIDAI) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to spot WeiDai (WEIDAI), you'll need to insert the short name of the asset (WEIDAI) into the search box, which is highlighted in the image. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “WEIDAI/BTC” to progress.
Step 4 – Acquisition of WeiDai (WEIDAI) As soon as you have spotted WeiDai (WEIDAI), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the recent price WeiDai (WEIDAI) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of WEIDAI you want to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole amount of WEIDAI. If you are glad, click on “Buy WEIDAI”. Your plan will be filled when a Vender trades their WEIDAI for the price you gave.
Step 5 – Withdraw WeiDai (WEIDAI) Unless you're trading, never keep your crypto on an Crypto Trader for an longer time period. In order to take off your WeiDai (WEIDAI), go to the ”Funds” tab and mouse click on “Withdraw”. WeiDai (WEIDAI) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find WeiDai (WEIDAI) by using the given drop-down box. Enter the amount of WeiDai (WEIDAI) you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you are glad, click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.