A Step-by-Step-Guide on how to buy Arcblock (ABT)
Step 1 – Signup to Kraken You will first need to purchase units of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Funds to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Arcblock (ABT) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you have chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate Arcblock (ABT) Once your deposit has been confirmed, you will now have access to your funds and you can begin invest and trading. To buy Arcblock (ABT) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To spot Arcblock (ABT), you will need to put the cointype (ABT) into the search-box, which is highlighted in the image. Make sure you have choosen the proper pairing, we have highlighted this too. Click on “ABT/BTC” to proceed.
Step 4 – Purchasing Arcblock (ABT) Once you've spotted Arcblock (ABT), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). Next we're making our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date price Arcblock (ABT) was traded for. This can be changed to your desired price. The ”Amount” field is the quantity of ABT you wish to purchase. The ”Total” field is the whole price in BTC that you will pay for the whole quantity of ABT. When you're satisfied, make a mouse click on “Buy ABT”. Your order will be filled when a Vender sells their ABT for the price you submitted.
Step 5 – Withdraw Arcblock (ABT) Unless you are regularly trading, you should never keepyour coins on an Exchange for an extensive time frame. To withdraw your Arcblock (ABT), go to the ”Funds” tab and click on “Withdraw”. Arcblock (ABT) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Arcblock (ABT) by using the given drop-down box. Put into the amount of Arcblock (ABT) you would like to take off. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.