How to Buy Counterparty (XCP)

Step 1 – Join Kraken

In the beginning you'll need to buy one of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and getting Funds.

Step 2 – Send Your Funds to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Counterparty (XCP) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

Make sure you have chosen the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find Counterparty (XCP)

Once your deposit has been confirmed, you'll immediately have access to your funds and you can launch buying and trading. To purchase Counterparty (XCP) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To spot Counterparty (XCP), you will need to insert the cointype (XCP) into the search box, which is marked in the image. Make sure you have selected the right pairing, we have highlighted this also. Click on “XCP/BTC” to proceed.

Step 4 – Purchase Counterparty (XCP)

Once you've found Counterparty (XCP), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). Next we're creating our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date tariff Counterparty (XCP) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of XCP you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete quantity of XCP.

If you're happy, make a mouse click on “Buy XCP”. Your order will be filled as soon as a Vendor trades their XCP for the price you offered.

Step 5 – Withdraw Counterparty (XCP)

Unless you are regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extended period of time. To withdraw your Counterparty (XCP), hover over the tab called “Funds” and click on “Withdraw”. Counterparty (XCP) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Counterparty (XCP) by using the provided drop-down box. Drop in the volumen of Counterparty (XCP) you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

If you're happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.