A Step-by-Step-Guide on how to buy Jiaozi (JIAOZI)
Step 1 – Join Kraken In the beginning you'll need to buy one of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and receive ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) 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 similar. Jiaozi (JIAOZI) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) 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 Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate Jiaozi (JIAOZI) As soon as your deposit has been confirmed, you will directly have access to your assets and you can start purchasing and trading. To purchase Jiaozi (JIAOZI) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to find Jiaozi (JIAOZI), you will need to put the short name of the asset (JIAOZI) into the search box, which is highlighted in the image. Be certain of having selected the correct grouping, we've highlighted this too. Click on “JIAOZI/BTC” to continue.
Step 4 – Purchasing Jiaozi (JIAOZI) Once you have spotted Jiaozi (JIAOZI), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation Jiaozi (JIAOZI) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of JIAOZI you want to buy. The ”Total” field is the whole price in BTC that you'll settle for the whole volumen of JIAOZI. If you are glad, make a mouse click on “Buy JIAOZI”. Your order will be filled as soon as a Vender trades their JIAOZI for the price you introduced.
Step 5 – Withdraw Jiaozi (JIAOZI) Unless you are trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer time period. To withdraw your Jiaozi (JIAOZI), go to the tab called “Funds” and click on “Withdraw”. Jiaozi (JIAOZI) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Jiaozi (JIAOZI) by using the provided drop-down box. Enter the quantity of Jiaozi (JIAOZI) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.