A Step-by-Step-Guide on how to buy HyperCash (HC)
Step 1 – Join Kraken You'll first need to buy one of the major currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below to register and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. HyperCash (HC) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate HyperCash (HC) As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can begin buying and trading. To invest in HyperCash (HC) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. To discover HyperCash (HC), you'll need to put the shortname of the coin (HC) into the search-box, which is marked in the picture. Make sure you have choosen the correct pairing, we've marked this too. Click on “HC/BTC” to advance.
Step 4 – Purchasing HyperCash (HC) After you've located HyperCash (HC), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are creating our own Limit Order. The ”Price” field will be filled with the most up-to-date rate HyperCash (HC) was sold for. You can change this to your desired price. The ”Amount” field is the amount of HC you wish to buy. The field with the “Total” tag is the total price in BTC that you will pay for the complete quantity of HC. If you are happy, make a mouse click on “Buy HC”. Your plan will be filled as soon as a Vendor sells their HC for the price you introduced.
Step 5 – Withdraw HyperCash (HC) Unless you're regularly trading, best advise is not to keep your crypto on an Exchange for an extended period of time. To withdraw your HyperCash (HC), go to the ”Funds” tab and click on “Withdraw”. HyperCash (HC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate HyperCash (HC) by using the given drop-down box. Put into the amount of HyperCash (HC) you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you're happy, click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.