A Step-by-Step-Guide on how to buy Abosom (XAB)
Step 1 – Signup to Kraken You'll first need to buy one of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and getting Bitcoin or Ethereum.
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Abosom (XAB) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency 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, Ethereum to an ETH deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find Abosom (XAB) Once your deposit has been affirmed, you will directly have access to your funds and you can launch buying and trading. To buy Abosom (XAB) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to discover Abosom (XAB), you will need to insert the short name of the asset (XAB) into the search box, which is highlighted in the image. Be certain of having selected the proper pairing, we have highlighted this too. Click on “XAB/BTC” to go ahead.
Step 4 – Buying Abosom (XAB) Once you have discovered Abosom (XAB), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are going to create our own Limit Order. The ”Price” field will be filled with the most recent rate Abosom (XAB) was sold for. This can be changed to your preferred rate. The ”Amount” field is the volumen of XAB you like to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete quantity of XAB. When you are glad, make a mouse click on “Buy XAB”. Your order will be filled as soon as a Vender trades their XAB for the price you offered.
Step 5 – Withdraw Abosom (XAB) Unless you're regularly trading, you should never keepyour crypto on an Exchange for an extended period of time. To withdraw your Abosom (XAB), go to the tab called “Funds” and mouse click on “Withdraw”. Abosom (XAB) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Abosom (XAB) by using the given drop-down box. Drop in the quantity of Abosom (XAB) you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you're glad, click “Submit”. You may be asked for verfication via email/phone before a withdrawal.