How to Buy eToro Pound Sterling (GBPX)

Step 1 – Join Kraken

In the beginning you'll need to purchase units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and getting Bitcoin or Ethereum.

Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. eToro Pound Sterling (GBPX) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have chosen the exact coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).

Step 3 – Find eToro Pound Sterling (GBPX)

Once your deposit has been approved, you will now have access to your finances and you can initiate invest and trading. To purchase eToro Pound Sterling (GBPX) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to find eToro Pound Sterling (GBPX), you'll need to insert the cointype (GBPX) into the search box, which is marked in the graphic. Be certain of having selected the correct pairing, we've highlighted this also. Click on “GBPX/BTC” to proceed.

Step 4 – Buy eToro Pound Sterling (GBPX)

Once you've located eToro Pound Sterling (GBPX), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we are creating our own Limit Order.

The ”Price” field will be filled automatically with the most recent tariff eToro Pound Sterling (GBPX) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of GBPX you like to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the whole quantity of GBPX.

When you're satisfied, make a mouse click on “Buy GBPX”. Your order will be filled as soon as a Vendor trades their GBPX for the price you introduced.

Step 5 – Withdraw eToro Pound Sterling (GBPX)

Unless you're frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your eToro Pound Sterling (GBPX), go to the ”Funds” tab and click on “Withdraw”. eToro Pound Sterling (GBPX) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find eToro Pound Sterling (GBPX) by using the given drop-down box. Enter the quantity of eToro Pound Sterling (GBPX) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address.

When you are glad, click “Submit”. You could be requested for email/phone verification ahead of a take off.