A Step-by-Step-Guide on how to buy DeFiPulse Index (DPI)
Step 1 – Signup to Kraken You'll first need to buy one of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and to get Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. DeFiPulse Index (DPI) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find DeFiPulse Index (DPI) As soon as your deposit has been confirmed, you'll directly have access to your assets and you can initiate invest and trading. To invest in DeFiPulse Index (DPI) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. To locate DeFiPulse Index (DPI), you'll need to put the cointype (DPI) into the search-box, which is marked in the image. Be certain of having selected the right pairing, we have highlighted this too. Click on “DPI/BTC” to continue.
Step 4 – Buying DeFiPulse Index (DPI) Once you've discovered DeFiPulse Index (DPI), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). And now we are making our own Limit Order. The field with the “Price” tag will be filled with the most recent valuation DeFiPulse Index (DPI) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of DPI you want to buy. The field with the “Total” tag is the total price in BTC that you will settle for the complete quantity of DPI. If you're glad, click on “Buy DPI”. Your order will be filled as soon as a Vendor trades their DPI for the price you gave.
Step 5 – Withdraw DeFiPulse Index (DPI) Unless you are regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your DeFiPulse Index (DPI), go to the ”Funds” tab and mouse click on “Withdraw”. DeFiPulse Index (DPI) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find DeFiPulse Index (DPI) by using the given drop-down box. Put into the quantity of DeFiPulse Index (DPI) you would like to take off. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for email/phone verification before a take off.