A Step-by-Step-Guide on how to buy CUTcoin (CUT)
Step 1 – Join Kraken You will first need to purchase units of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and receive ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. CUTcoin (CUT) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find CUTcoin (CUT) As soon as your deposit has been verified, you will immediately have access to your finances and you can begin buying and trading. To purchase CUTcoin (CUT) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To locate CUTcoin (CUT), you will need to put the shortname of the coin (CUT) into the search box, which is highlighted in the image. Make sure you have choosen the proper grouping, we have highlighted this also. Click on “CUT/BTC” to go on.
Step 4 – Buying CUTcoin (CUT) After you have discovered CUTcoin (CUT), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're going to create our own Limit Order. The ”Price” field will be filled automatically with the most recent price CUTcoin (CUT) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of CUT you wish to purchase. The ”Total” field is the whole price in BTC that you'll settle for the whole quantity of CUT. If you're satisfied, click on “Buy CUT”. Your order will be filled as soon as a Seller trades their CUT for the price you offered.
Step 5 – Withdraw CUTcoin (CUT) Unless you're frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer time period. To take off your CUTcoin (CUT), hover over the tab called “Funds” and mouse click on “Withdraw”. CUTcoin (CUT) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find CUTcoin (CUT) by using the provided drop-down box. Put into the amount of CUTcoin (CUT) you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, click on “Submit”. You could be asked for email/phone verification before a withdrawal.
Congrats! You've successfully purchased and safed CUTcoin (CUT).That's it! Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have proved your take off using Ethplorer.io or Etherscan.io and the (CUT) CUTcoin is stored inside your wallet, you're finished.
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