How to Buy ()

A Step-by-Step-Guide on how to buy ()

Step 1 – Signup to Kraken

In the beginning you'll need to purchase units of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and to get Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. () is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual)

Make sure you have selected the correct coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find ()

Once your deposit has been approved, you'll immediately have access to your funds and you can commence invest and trading. To invest in () on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

To locate (), you will need to insert the cointype () into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we have highlighted this too. Click on “/BTC” to proceed.

Binance Hot To Buy  ()
Binance How to Buy ()
Step 4 – Acquisition of ()

Once you've located (), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are making our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date price () was sold for. You can change this to your desired rate. The ”Amount” field is the quantity of you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole quantity of .

When you're satisfied, click on “Buy ”. Your order will be filled as soon as a Seller sells their for the price you submitted.

Step 5 – Withdraw ()

Unless you are frequently trading, you should never keepyour coins on an Crypto Exchange for an extended period of time. In order to withdraw your (), go to the ”Funds” tab and click on “Withdraw”. () can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate () by using the provided drop-down box. Put into the volumen of () you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address.

If you're satisfied, click “Submit”. You could be asked for phone/email verification before a take off.

Binance Withdraw

Congratulations! You have successfully bought and stored ().

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you have proved your take off using Etherscan.io or Ethplorer.io and the () is safe in your wallet, you're done.

Some other Guides on How to buy Coins

How to Buy Silent Notary
How to Buy Linx
How to Buy Coins
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