A Step-by-Step-Guide on how to buy Honk Honk (HONK)
Step 1 – Join Kraken You will first need to purchase one of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Honk Honk (HONK) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate Honk Honk (HONK) Once your deposit has been verified, you'll now have access to your finances and you can initiate purchasing and trading. To buy Honk Honk (HONK) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to locate Honk Honk (HONK), you'll need to insert the shortname of the coin (HONK) into the search box, which is marked in the graphic. Make sure you have choosen the right pairing, we've marked this also. Click on “HONK/BTC” to progress.
Step 4 – Buy Honk Honk (HONK) After you have found Honk Honk (HONK), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are making our own Limit Order. The ”Price” field will be filled automatically with the recent price Honk Honk (HONK) was sold for. You can change this to your favoured rate. The ”Amount” field is the amount of HONK you like to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete amount of HONK. When you are satisfied, click on “Buy HONK”. Your order will be filled as soon as a Vender trades their HONK for the price you gave.
Step 5 – Withdraw Honk Honk (HONK) Unless you're frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your Honk Honk (HONK), hover over the tab called “Funds” and click on “Withdraw”. Honk Honk (HONK) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Honk Honk (HONK) by using the given drop-down box. Drop in the volumen of Honk Honk (HONK) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. If you're glad, click on “Submit”. You may be asked for verfication via phone/email before a take off.