How to Buy Hempcoin (THC)

A Step-by-Step-Guide on how to buy Hempcoin (THC)

Step 1 – Signup to Kraken

You will first need to buy units of the top-tier currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and getting Bitcoin (BTC) or Ethereum (ETH).

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

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Hempcoin (THC) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate Hempcoin (THC)

Once your deposit has been affirmed, you'll directly have access to your funds and you can begin purchasing and trading. To purchase Hempcoin (THC) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

To locate Hempcoin (THC), you'll need to put the short name of the asset (THC) into the search-box, which is highlighted in the picture. Be certain of having choosen the right pairing, we've marked this too. Click on “THC/BTC” to proceed.

Binance Hot To Buy Hempcoin (THC)
Binance How to Buy (THC) Hempcoin
Step 4 – Purchase Hempcoin (THC)

Once you have discovered Hempcoin (THC), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're making our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date rate Hempcoin (THC) was sold for. This can be changed to your favoured rate. The ”Amount” field is the volumen of THC you like to buy. The ”Total” field is the whole price in BTC that you'll pay for the complete quantity of THC.

When you're satisfied, make a mouse click on “Buy THC”. Your order will be filled as soon as a Seller sells their THC for the price you offered.

Step 5 – Withdraw Hempcoin (THC)

Unless you're regularly trading, never keep your crypto on an Crypto Exchange for an extensive period of time. In order to withdraw your Hempcoin (THC), go to the ”Funds” tab and mouse click on “Withdraw”. Hempcoin (THC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Hempcoin (THC) by using the given drop-down box. Enter the amount of Hempcoin (THC) you'd like to take off. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address.

When you are satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.

Binance Withdraw

Congratulations! You have successfully bought and stored Hempcoin (THC).

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (THC) Hempcoin is safe inside your wallet, you are finished.

Some other Guides on How to buy Coins

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How to Buy Coins
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