A Step-by-Step-Guide on how to buy DeepOnion (ONION)
Step 1 – Signup to Kraken You will first need to purchase one of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. DeepOnion (ONION) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate DeepOnion (ONION) As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can initiate buying and trading. To purchase DeepOnion (ONION) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find DeepOnion (ONION), you'll need to insert the cointype (ONION) into the search box, which is highlighted in the picture. Make sure you have selected the proper grouping, we have marked this also. Click on “ONION/BTC” to go on.
Step 4 – Buying DeepOnion (ONION) Once you have discovered DeepOnion (ONION), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff DeepOnion (ONION) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of ONION you want to buy. The ”Total” field is the total price in BTC that you will pay for the whole volumen of ONION. If you are satisfied, click on “Buy ONION”. Your order will be filled as soon as a Vendor sells their ONION for the price you introduced.
Step 5 – Withdraw DeepOnion (ONION) Unless you are frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extended period of time. To withdraw your DeepOnion (ONION), go to the ”Funds” tab and click on “Withdraw”. DeepOnion (ONION) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate DeepOnion (ONION) by using the given drop-down box. Drop in the volumen of DeepOnion (ONION) you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you're glad, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a take off.