A Step-by-Step-Guide on how to buy NEO (NEO)
Step 1 – Join Kraken In the beginning you'll need to buy units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and to get Bitcoin or Ethereum.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) 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 identical. NEO (NEO) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have chosen the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate NEO (NEO) Once your deposit has been approved, you will directly have access to your assets and you can launch buying and trading. To purchase NEO (NEO) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot NEO (NEO), you'll need to put the short name of the asset (NEO) into the search-box, which is highlighted in the image. Make sure you have choosen the correct grouping, we've marked this also. Click on “NEO/BTC” to proceed.
Step 4 – Purchase NEO (NEO) Once you've located NEO (NEO), 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 image). For now we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff NEO (NEO) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of NEO you want to buy. The ”Total” field is the total price in BTC that you will settle for the complete amount of NEO. When you are glad, click on “Buy NEO”. Your plan will be filled when a Seller sells their NEO for the price you offered.
Step 5 – Withdraw NEO (NEO) Unless you're frequently trading, never keep your crypto on an Crypto Exchange for an extended time frame. In order to withdraw your NEO (NEO), go to the ”Funds” tab and click on “Withdraw”. NEO (NEO) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find NEO (NEO) by using the provided drop-down box. Put into the volumen of NEO (NEO) you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.
Congrats! You've successfully bought and safed NEO (NEO).That's it! Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the (NEO) NEO is safe within your wallet, you are all done.
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