How to Buy Hydro Protocol (HOT)

A Step-by-Step-Guide on how to buy Hydro Protocol (HOT)

Step 1 – Signup to CEX.io

You will first need to buy one of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below to register and to get Funds.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Hydro Protocol (HOT) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you have chosen the right 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 dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).

Step 3 – Locate (HOT) Hydro Protocol

As soon as your deposit has been approved, you will instantly have access to your assets and you can initiate invest and trading. To purchase (HOT) Hydro Protocol on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To find (HOT) Hydro Protocol, you will need to put the cointype (HOT) into the search box, which is marked in the graphic. Be certain of having selected the right grouping, we have marked this also. Click on “HOT/BTC” to progress.

Binance Hot To Buy Hydro Protocol (HOT)
Binance How to Buy (HOT) Hydro Protocol
Step 4 – Buying Hydro Protocol (HOT)

As soon as you have discovered Hydro Protocol (HOT), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to create our Limit Order.

The ”Price” field will be filled automatically with the most recent tariff Hydro Protocol (HOT) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of HOT you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole amount of HOT.

When you're glad, make a mouse click on “Buy HOT”. Your order will be filled when a Vender trades their HOT for the price you offered.

Step 5 – Withdraw (HOT) Hydro Protocol

Unless you're regularly trading, never keep your coins on an Exchange for an longer time period. To take off your (HOT) Hydro Protocol, hover over the tab called “Funds” and click on “Withdraw”. (HOT) Hydro Protocol can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (HOT) Hydro Protocol by using the given drop-down box. Enter the amount of (HOT) Hydro Protocol you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address.

If you're glad, make a mouse click on “Submit”. You may be requested for phone/email verification before a take off.

Binance Withdraw

Congrats! You've successfully bought and stored (HOT) Hydro Protocol.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (HOT) Hydro Protocol is safe in your wallet, you are done.