A Step-by-Step-Guide on how to buy Cryptopay (CPAY)
Step 1 – Join Kraken You will first need to buy one of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Cryptopay (CPAY) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate Cryptopay (CPAY) As soon as your deposit has been confirmed, you will instantly have access to your assets and you can commence purchasing and trading. To purchase Cryptopay (CPAY) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to locate Cryptopay (CPAY), you will need to insert the short name of the asset (CPAY) into the search box, which is marked in the image. Be certain of having selected the proper pairing, we've highlighted this too. Click on “CPAY/BTC” to continue.
Step 4 – Purchasing Cryptopay (CPAY) After you have located Cryptopay (CPAY), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we are going to create our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date valuation Cryptopay (CPAY) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of CPAY you want to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole quantity of CPAY. If you are satisfied, click on “Buy CPAY”. Your plan will be filled as soon as a Seller trades their CPAY for the price you offered.
Step 5 – Withdraw Cryptopay (CPAY) Unless you are frequently trading, best advise is not to keep your crypto coins on an Exchange for an extensive time frame. In order to withdraw your Cryptopay (CPAY), hover over the tab called “Funds” and mouse click on “Withdraw”. Cryptopay (CPAY) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Cryptopay (CPAY) by using the provided drop-down box. Enter the amount of Cryptopay (CPAY) you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.