A Step-by-Step-Guide on how to buy Pandacoin (PND)
Step 1 – Signup to CEX.io You will first need to buy units of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Funds to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Pandacoin (PND) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate (PND) Pandacoin As soon as your deposit has been approved, you will now have access to your assets and you can initiate invest and trading. To invest in (PND) Pandacoin on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot (PND) Pandacoin, you will need to put the cointype (PND) into the search box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “PND/BTC” to go ahead.
Step 4 – Buying (PND) Pandacoin As soon as you have spotted (PND) Pandacoin, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to make our Limit Order. The field with the “Price” tag will be filled with the most latest valuation (PND) Pandacoin was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of PND you wish to buy. The ”Total” field is the total price in BTC that you'll pay for the whole quantity of PND. When you are happy, click on “Buy PND”. Your plan will be filled as soon as a Vender sells their PND for the price you submitted.
Step 5 – Withdraw (PND) Pandacoin Unless you are regularly trading, best advise is not to keep your crypto coins on an Exchange for an extended time frame. In order to take off your (PND) Pandacoin, hover over the ”Funds” tab and mouse click on “Withdraw”. (PND) Pandacoin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (PND) Pandacoin by using the given drop-down box. Drop in the quantity of (PND) Pandacoin you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, click on “Submit”. You could be requested for email/phone verification before a withdrawal.