How to Buy ()

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

Step 1 – Join Kraken

You will first need to buy units of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and receive Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. () is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you have selected the exact coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Locate ()

As soon as your deposit has been confirmed, you will instantly have access to your funds and you can start purchasing and trading. To buy () on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”.

To locate (), you will need to insert the short name of the asset () into the search-box, which is marked in the image. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “/BTC” to continue.

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

After you have discovered (), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent tariff () was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of you wish to purchase. The ”Total” field is the whole price in BTC that you will settle for the complete volumen of .

When you are happy, click on “Buy ”. Your plan will be filled as soon as a Vendor sells their for the price you submitted.

Step 5 – Withdraw ()

Unless you're frequently trading, best advise is not to keep crypto coins on an Exchange for an longer time period. To withdraw your (), go to the tab called “Funds” and click on “Withdraw”. () can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find () by using the provided drop-down box. Drop in the amount of () you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

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

Binance Withdraw

Kudos! You've successfully purchased and safed ().

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the () is safe inside your wallet, you are all done.

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How to Buy Coins
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