A Step-by-Step-Guide on how to buy Dropil (DROP)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to purchase one of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and getting your welcome $10.
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Dropil (DROP) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Dropil (DROP) Once your deposit has been confirmed, you will instantly have access to your finances and you can commence invest and trading. To purchase Dropil (DROP) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to spot Dropil (DROP), you will need to put the shortname of the coin (DROP) into the search box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “DROP/BTC” to go on.
Step 4 – Purchase (DROP) Dropil After you've found (DROP) Dropil, you'll 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 creating our Limit Order. The ”Price” field will be filled automatically with the recent rate (DROP) Dropil was sold for. This can be changed to your desired rate. The ”Amount” field is the quantity of DROP you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete quantity of DROP. If you're glad, make a mouse click on “Buy DROP”. Your order will be filled when a Seller sells their DROP for the price you submitted.
Step 5 – Withdraw Dropil (DROP) Unless you are regularly trading, best advise is not to keep your crypto on an Exchange for an extensive period of time. In order to withdraw your Dropil (DROP), hover over the ”Funds” tab and click on “Withdraw”. Dropil (DROP) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Dropil (DROP) by using the provided drop-down box. Enter the amount of Dropil (DROP) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.