A Step-by-Step-Guide on how to buy Counterparty (XCP)
Step 1 – Join CEX.io You'll first need to buy units of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and to get Bitcoin or Ethereum.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Counterparty (XCP) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have selected the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find (XCP) Counterparty As soon as your deposit has been verified, you will instantly have access to your finances and you can launch buying and trading. To purchase (XCP) Counterparty on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. In order to locate (XCP) Counterparty, you will need to insert the cointype (XCP) into the search-box, which is marked in the picture. Make sure you have choosen the proper grouping, we've marked this too. Click on “XCP/BTC” to progress.
Step 4 – Purchasing Counterparty (XCP) As soon as you've discovered Counterparty (XCP), 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). For now we're making our own Limit Order. The ”Price” field will be filled automatically with the latest rate Counterparty (XCP) was traded for. This can be changed to your favoured price. The ”Amount” field is the volumen of XCP you want to purchase. The ”Total” field is the whole price in BTC that you'll settle for the complete volumen of XCP. When you're glad, make a mouse click on “Buy XCP”. Your plan will be filled as soon as a Vender trades their XCP for the price you offered.
Step 5 – Withdraw Counterparty (XCP) Unless you're frequently trading, never keep your coins on an Exchange for an longer time frame. In order to withdraw your Counterparty (XCP), hover over the ”Funds” tab and click on “Withdraw”. Counterparty (XCP) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Counterparty (XCP) by using the provided drop-down box. Put into the quantity of Counterparty (XCP) you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your precise withdraw address. If you're glad, click “Submit”. You could be requested for email/phone verification before a withdrawal.