How to Buy DeepOnion (ONION)

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).

Binance Signup
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. DeepOnion (ONION) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you have selected the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Find DeepOnion (ONION)

Once your deposit has been confirmed, you'll immediately have access to your finances and you can commence buying and trading. To purchase DeepOnion (ONION) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”.

In order to discover DeepOnion (ONION), you'll need to put the shortname of the coin (ONION) into the search box, which is marked in the image. Make sure you have selected the right grouping, we have marked this too. Click on “ONION/BTC” to go on.

Binance Hot To Buy DeepOnion (ONION)
Binance How to Buy (ONION) DeepOnion
Step 4 – Buying DeepOnion (ONION)

Once you have located DeepOnion (ONION), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we're creating our own Limit Order.

The field with the “Price” tag will be filled with the most recent rate DeepOnion (ONION) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of ONION you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole amount of ONION.

If you are happy, make a mouse click on “Buy ONION”. Your plan will be filled when a Vendor trades their ONION for the price you submitted.

Step 5 – Withdraw DeepOnion (ONION)

Unless you are trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended time frame. In order to take off your DeepOnion (ONION), hover over the tab called “Funds” and click on “Withdraw”. DeepOnion (ONION) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate DeepOnion (ONION) by using the provided drop-down box. Drop in the amount of DeepOnion (ONION) you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

When you are happy, click “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Binance Withdraw

Kudos! You have successfully bought and safed DeepOnion (ONION).

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the (ONION) DeepOnion is stored inside your wallet, you are finished.

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