A Step-by-Step-Guide on how to buy Pandacoin (PND)
Step 1 – Join Kraken In the beginning you'll need to buy one of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Pandacoin (PND) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find Pandacoin (PND) As soon as your deposit has been approved, you will immediately have access to your funds and you can commence purchasing and trading. To buy Pandacoin (PND) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover Pandacoin (PND), you'll need to put the shortname of the coin (PND) into the search-box, which is highlighted in the image. Be certain of having selected the correct pairing, we've highlighted this also. Click on “PND/BTC” to continue.
Step 4 – Purchasing Pandacoin (PND) As soon as you have located Pandacoin (PND), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're going to make our own Limit Order. The ”Price” field will be filled with the most up-to-date rate Pandacoin (PND) was sold for. You can change this to your favoured price. The ”Amount” field is the amount of PND you like to buy. The ”Total” field is the whole price in BTC that you will settle for the whole quantity of PND. When you're glad, make a mouse click on “Buy PND”. Your order will be filled as soon as a Seller sells their PND for the price you submitted.
Step 5 – Withdraw Pandacoin (PND) Unless you are frequently trading, best advise is not to keep coins on an Exchange for an extended period of time. To take off your Pandacoin (PND), hover over the ”Funds” tab and mouse click on “Withdraw”. Pandacoin (PND) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Pandacoin (PND) by using the given drop-down box. Drop in the quantity of Pandacoin (PND) you would like to take off. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you're glad, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.