How to Buy ()

A Step-by-Step-Guide on how to buy ()

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and getting Ethereum (ETH) or Bitcoin (BTC).

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. () is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you've chosen the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).

Step 3 – Locate ()

Once your deposit has been approved, you'll immediately have access to your finances and you can initiate purchasing and trading. To purchase () on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”.

To locate (), you'll need to put the shortname of the coin () into the search-box, which is marked in the picture. Make sure you have choosen the right grouping, we've marked this too. Click on “/BTC” to go ahead.

Binance Hot To Buy  ()
Binance How to Buy ()
Step 4 – Buy ()

As soon as you've found (), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest price () was traded for. This can be changed to your desired price. The ”Amount” field is the amount of you like to purchase. The ”Total” field is the total price in BTC that you will settle for the complete amount of .

If you're glad, make a mouse click on “Buy ”. Your plan will be filled when a Vender sells their for the price you gave.

Step 5 – Withdraw ()

Unless you're trading, you should never keepyour crypto on an Exchange for an extended time period. To take off your (), hover over the ”Funds” tab and click on “Withdraw”. () can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find () by using the provided drop-down box. Drop in the quantity of () you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address.

If you're happy, click on “Submit”. You could be asked for phone/email verification before a take off.

Binance Withdraw

Congrats! You have successfully bought and safed ().

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on network usage). As soon as you've proved your take off with Ethplorer.io or Etherscan.io and the () is safe within your wallet, you are finished.