How to Buy Dropil (DROP)

A Step-by-Step-Guide on how to buy Dropil (DROP)

Step 1 – Join CEX.io

You'll first need to buy units of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below for registration and receive Ethereum (ETH) or Bitcoin (BTC).

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Dropil (DROP) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

Make sure you've selected the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Locate Dropil (DROP)

Once your deposit has been verified, you will directly have access to your assets and you can begin invest and trading. To invest in Dropil (DROP) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to discover Dropil (DROP), you will need to insert the cointype (DROP) into the search-box, which is marked in the picture. Be certain of having choosen the correct pairing, we've marked this also. Click on “DROP/BTC” to continue.

Binance Hot To Buy Dropil (DROP)
Binance How to Buy (DROP) Dropil
Step 4 – Purchase (DROP) Dropil

As soon as you have located (DROP) Dropil, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're creating our own Limit Order.

The field with the “Price” tag will be filled with the up-to-date valuation (DROP) Dropil was sold for. You can change this to your desired rate. The ”Amount” field is the amount of DROP you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole amount of DROP.

If you are glad, make a mouse click on “Buy DROP”. Your plan will be filled as soon as a Vendor sells their DROP for the price you submitted.

Step 5 – Withdraw (DROP) Dropil

Unless you're trading, best advise is not to keep your crypto on an Crypto Exchange for an longer time period. In order to withdraw your (DROP) Dropil, hover over the tab called “Funds” and mouse click on “Withdraw”. (DROP) Dropil can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (DROP) Dropil by using the provided drop-down box. Put into the volumen of (DROP) Dropil you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

If you're happy, click on “Submit”. You may be asked for email/phone verification ahead of a take off.

Binance Withdraw

Congratulations! You have successfully purchased and safed Dropil (DROP).

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Dropil (DROP) is stored in your wallet, you are all done.