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 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Pandacoin (PND) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Pandacoin (PND) As soon as your deposit has been affirmed, you will now have access to your finances and you can initiate purchasing and trading. To invest in Pandacoin (PND) on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”. To discover Pandacoin (PND), you will need to put the cointype (PND) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we have highlighted this also. Click on “PND/BTC” to progress.
Step 4 – Buying Pandacoin (PND) After you have located Pandacoin (PND), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to make our own Limit Order. The ”Price” field will be filled with the up-to-date price Pandacoin (PND) was sold for. You can change this to your favoured price. The ”Amount” field is the quantity of PND you wish to buy. The ”Total” field is the whole price in BTC that you will pay for the whole quantity of PND. When you're happy, click on “Buy PND”. Your plan will be filled when a Vendor trades their PND for the price you submitted.
Step 5 – Withdraw Pandacoin (PND) Unless you're frequently trading, never keep your crypto on an Crypto Exchange for an extended time frame. In order to take off your Pandacoin (PND), hover over the ”Funds” tab and mouse click on “Withdraw”. Pandacoin (PND) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Pandacoin (PND) by using the given drop-down box. Drop in the amount of Pandacoin (PND) you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you're glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.