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 – Transfer Your Funds to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Counterparty (XCP) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide)

Make sure you've chosen the exact coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Locate Counterparty (XCP)

Once your deposit has been verified, you will directly have access to your funds and you can start purchasing and trading. To invest in Counterparty (XCP) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To find Counterparty (XCP), you will need to put the cointype (XCP) into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct pairing, we've marked this too. Click on “XCP/BTC” to advance.

Step 4 – Acquisition of Counterparty (XCP)

After you have found Counterparty (XCP), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are creating our own Limit Order.

The field with the “Price” tag will be filled with the most up-to-date tariff Counterparty (XCP) was sold for. You can change this to your preferred rate. The ”Amount” field is the amount of XCP you wish to purchase. The ”Total” field is the whole price in BTC that you'll 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 Seller trades their XCP for the price you offered.

Step 5 – Withdraw Counterparty (XCP)

Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive time period. To withdraw your Counterparty (XCP), hover over the ”Funds” tab and click on “Withdraw”. Counterparty (XCP) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Counterparty (XCP) by using the given drop-down box. Enter the amount of Counterparty (XCP) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address.

If you are happy, click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.