How to Buy PalChain (PALT)

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

Step 1 – Signup to Kraken

You will first need to purchase units of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and to get BTC (Bitcoin) or ETH (Ethereum).

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

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. PalChain (PALT) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)

Make sure you have chosen the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate PalChain (PALT)

As soon as your deposit has been affirmed, you'll instantly have access to your finances and you can commence buying and trading. To invest in PalChain (PALT) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”.

In order to locate PalChain (PALT), you will need to put the cointype (PALT) into the search box, which is marked in the graphic. Be certain of having selected the correct grouping, we have marked this too. Click on “PALT/BTC” to continue.

Binance Hot To Buy PalChain (PALT)
Binance How to Buy (PALT) PalChain
Step 4 – Buying PalChain (PALT)

Once you have spotted PalChain (PALT), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're creating our own Limit Order.

The ”Price” field will be filled with the most up-to-date rate PalChain (PALT) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of PALT you want to purchase. The ”Total” field is the whole price in BTC that you will settle for the whole quantity of PALT.

When you're satisfied, click on “Buy PALT”. Your order will be filled as soon as a Vender sells their PALT for the price you offered.

Step 5 – Withdraw PalChain (PALT)

Unless you are regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive period of time. In order to take off your PalChain (PALT), go to the ”Funds” tab and click on “Withdraw”. PalChain (PALT) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate PalChain (PALT) by using the provided drop-down box. Put into the quantity of PalChain (PALT) you would like to take off. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address.

If you're happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Binance Withdraw

Congratulations! You've successfully bought and stored PalChain (PALT).

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have proved your take off using Etherscan.io or Ethplorer.io and the (PALT) PalChain is safe in your wallet, you're all done.

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