A Step-by-Step-Guide on how to buy Cherry (CHERRY)
Step 1 – Signup to Kraken You will first need to purchase one of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below to register and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Cherry (CHERRY) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) Make sure you've chosen the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate Cherry (CHERRY) As soon as your deposit has been approved, you'll now have access to your finances and you can start invest and trading. To invest in Cherry (CHERRY) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find Cherry (CHERRY), you'll need to put the cointype (CHERRY) into the search box, which is highlighted in the picture. Make sure you have choosen the right grouping, we've highlighted this too. Click on “CHERRY/BTC” to go on.
Step 4 – Buying Cherry (CHERRY) Once you've discovered Cherry (CHERRY), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are making our own Limit Order. The field with the “Price” tag will be filled with the most recent rate Cherry (CHERRY) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of CHERRY you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete amount of CHERRY. When you're glad, make a mouse click on “Buy CHERRY”. Your plan will be filled when a Vender sells their CHERRY for the price you submitted.
Step 5 – Withdraw Cherry (CHERRY) Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an longer time frame. To withdraw your Cherry (CHERRY), hover over the tab called “Funds” and mouse click on “Withdraw”. Cherry (CHERRY) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Cherry (CHERRY) by using the provided drop-down box. Drop in the amount of Cherry (CHERRY) you'd wish to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address. If you are happy, click “Submit”. You may be requested for verfication via email/phone ahead of a take off.