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 Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and to get Ethereum or Bitcoin.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. () is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have chosen the correct coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find () Once your deposit has been confirmed, you will instantly have access to your funds and you can commence buying and trading. To purchase () on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to spot (), you'll need to put the cointype () into the search-box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have marked this too. Click on “/BTC” to advance.
Step 4 – Purchasing () After you've found (), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most latest price () was sold for. This can be changed to your preferred price. The ”Amount” field is the quantity of you want to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the complete volumen of . If you are satisfied, click on “Buy ”. Your order will be filled when a Vender sells their for the price you offered.
Step 5 – Withdraw () Unless you are frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer period of time. In order to take off your (), hover over the ”Funds” tab and mouse click on “Withdraw”. () can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find () by using the given drop-down box. Drop in the volumen of () you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you're satisfied, click “Submit”. You may be requested for verfication via email/phone ahead of a take off.