A Step-by-Step-Guide on how to buy HOTchain (HOTC)
Step 1 – Join Kraken In the beginning you'll need to buy units of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. HOTchain (HOTC) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you've chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find HOTchain (HOTC) As soon as your deposit has been affirmed, you will now have access to your funds and you can commence invest and trading. To invest in HOTchain (HOTC) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To locate HOTchain (HOTC), you will need to put the cointype (HOTC) into the search-box, which is marked in the graphic. Make sure you have choosen the correct pairing, we've marked this too. Click on “HOTC/BTC” to advance.
Step 4 – Acquisition of HOTchain (HOTC) Once you've located HOTchain (HOTC), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date price HOTchain (HOTC) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of HOTC you like to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the whole volumen of HOTC. When you are satisfied, make a mouse click on “Buy HOTC”. Your order will be filled when a Seller trades their HOTC for the price you gave.
Step 5 – Withdraw HOTchain (HOTC) Unless you are regularly trading, never keep your crypto coins on an Crypto Exchange for an longer period of time. In order to withdraw your HOTchain (HOTC), go to the tab called “Funds” and mouse click on “Withdraw”. HOTchain (HOTC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate HOTchain (HOTC) by using the provided drop-down box. Enter the volumen of HOTchain (HOTC) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. If you are glad, click “Submit”. You may be asked for verfication via email/phone before a withdrawal.