A Step-by-Step-Guide on how to buy ()
Step 1 – Join CEX.io In the beginning you'll need to buy one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. () is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you have chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate () As soon as your deposit has been affirmed, you'll now have access to your assets and you can begin invest and trading. To purchase () on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to discover (), you'll need to insert the shortname of the coin () into the search-box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we've highlighted this also. Click on “/BTC” to go on.
Step 4 – Buying () Once you've located () , you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are creating our Limit Order. The field with the “Price” tag will be automatically filled with the most latest valuation () was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the whole amount of . If you're glad, make a mouse click on “Buy “. Your order will be filled when a Vender sells their for the price you submitted.
Step 5 – Withdraw () Unless you're regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extended period of time. In order to withdraw your () , hover over the ”Funds” tab and click on “Withdraw”. () can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find () by using the given drop-down box. Drop in the volumen of () you'd wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you're glad, click “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.