A Step-by-Step-Guide on how to buy CIPHER (CPR)
Step 1 – Join CEX.io In the beginning you'll need to purchase units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and receive Ethereum or Bitcoin.
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. CIPHER (CPR) 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 exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate (CPR) CIPHER Once your deposit has been affirmed, you'll directly have access to your finances and you can begin invest and trading. To buy (CPR) CIPHER on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. To find (CPR) CIPHER, you'll need to insert the short name of the asset (CPR) into the search-box, which is marked in the picture. Be certain of having selected the correct pairing, we have marked this too. Click on “CPR/BTC” to proceed.
Step 4 – Buy CIPHER (CPR) After you've discovered CIPHER (CPR), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we're making our own Limit Order. The ”Price” field will be filled with the most recent valuation CIPHER (CPR) was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of CPR you want to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the whole volumen of CPR. When you're satisfied, make a mouse click on “Buy CPR”. Your order will be filled as soon as a Vendor trades their CPR for the price you submitted.
Step 5 – Withdraw CIPHER (CPR) Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Trader for an extensive period of time. To withdraw your CIPHER (CPR), go to the ”Funds” tab and mouse click on “Withdraw”. CIPHER (CPR) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find CIPHER (CPR) by using the given drop-down box. Drop in the amount of CIPHER (CPR) you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address. When you're glad, click “Submit”. You may be asked for email/phone verification before a withdrawal.