A Step-by-Step-Guide on how to buy HyperStake (HYP)
Step 1 – Signup to Kraken You'll first need to purchase units of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and to get Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. HyperStake (HYP) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate HyperStake (HYP) As soon as your deposit has been affirmed, you will now have access to your assets and you can begin invest and trading. To buy HyperStake (HYP) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To spot HyperStake (HYP), you'll need to put the short name of the asset (HYP) into the search box, which is highlighted in the picture. Be certain of having selected the right pairing, we have highlighted this too. Click on “HYP/BTC” to advance.
Step 4 – Acquisition of HyperStake (HYP) As soon as you've spotted HyperStake (HYP), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest price HyperStake (HYP) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of HYP you want to buy. The ”Total” field is the whole price in BTC that you'll settle for the complete quantity of HYP. When you're satisfied, click on “Buy HYP”. Your order will be filled when a Vendor trades their HYP for the price you gave.
Step 5 – Withdraw HyperStake (HYP) Unless you're regularly trading, best advise is not to keep crypto on an Exchange for an extensive time period. In order to withdraw your HyperStake (HYP), hover over the ”Funds” tab and click on “Withdraw”. HyperStake (HYP) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate HyperStake (HYP) by using the provided drop-down box. Put into the amount of HyperStake (HYP) you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.