A Step-by-Step-Guide on how to buy Hydro (HYDRO)
Step 1 – Join Kraken You will first need to purchase one of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and to get Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Hydro (HYDRO) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find Hydro (HYDRO) As soon as your deposit has been confirmed, you will directly have access to your funds and you can begin invest and trading. To invest in Hydro (HYDRO) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate Hydro (HYDRO), you will need to insert the shortname of the coin (HYDRO) into the search-box, which is marked in the graphic. Make sure you have selected the proper grouping, we have highlighted this too. Click on “HYDRO/BTC” to go on.
Step 4 – Buying Hydro (HYDRO) As soon as you've spotted Hydro (HYDRO), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). For now we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date tariff Hydro (HYDRO) was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of HYDRO you want to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole quantity of HYDRO. If you're satisfied, click on “Buy HYDRO”. Your plan will be filled as soon as a Seller trades their HYDRO for the price you introduced.
Step 5 – Withdraw Hydro (HYDRO) Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive time period. In order to take off your Hydro (HYDRO), hover over the tab called “Funds” and mouse click on “Withdraw”. Hydro (HYDRO) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Hydro (HYDRO) by using the given drop-down box. Enter the volumen of Hydro (HYDRO) you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. When you're happy, click on “Submit”. You could be requested for phone/email verification before a take off.
Congratulations! You have successfully purchased and safed Hydro (HYDRO).That's it! Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (HYDRO) Hydro is stored within your wallet, you're all done.
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