A Step-by-Step-Guide on how to buy Dropil (DROP)
Step 1 – Signup to Kraken You'll first need to buy one of the top-tier coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (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 example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find Dropil (DROP) Once your deposit has been approved, you'll immediately have access to your assets and you can commence invest and trading. To buy Dropil (DROP) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To discover Dropil (DROP), you'll need to insert the short name of the asset (DROP) into the search box, which is marked in the image. Be certain of having selected the proper grouping, we've marked this too. Click on “DROP/BTC” to continue.
Step 4 – Buy Dropil (DROP) After you have discovered Dropil (DROP), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we are making our own Limit Order. The ”Price” field will be automatically filled with the most recent valuation Dropil (DROP) was sold for. You can change this to your desired price. The field with the “Amount” tag is the amount of DROP you like to buy. The ”Total” field is the total price in BTC that you will settle for the complete amount of DROP. If you're glad, click on “Buy DROP”. Your order will be filled when a Vendor sells their DROP for the price you submitted.
Step 5 – Withdraw Dropil (DROP) Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive period of time. In order to withdraw your Dropil (DROP), go to the tab called “Funds” and click on “Withdraw”. Dropil (DROP) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Dropil (DROP) by using the provided drop-down box. Drop in the amount of Dropil (DROP) you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address. If you're happy, click “Submit”. You could be asked for phone/email verification before a take off.