A Step-by-Step-Guide on how to buy PCHAIN (PI)
Step 1 – Signup to Kraken You'll first need to buy one of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. PCHAIN (PI) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) Make sure you have chosen the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate PCHAIN (PI) Once your deposit has been confirmed, you will directly have access to your assets and you can launch purchasing and trading. To invest in PCHAIN (PI) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To discover PCHAIN (PI), you will need to put the cointype (PI) into the search box, which is marked in the image. Be certain of having selected the proper pairing, we've marked this also. Click on “PI/BTC” to go ahead.
Step 4 – Buying PCHAIN (PI) After you've located PCHAIN (PI), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we're creating our own Limit Order. The ”Price” field will be filled with the most recent price PCHAIN (PI) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of PI you want to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole quantity of PI. If you are satisfied, make a mouse click on “Buy PI”. Your plan will be filled as soon as a Vendor sells their PI for the price you gave.
Step 5 – Withdraw PCHAIN (PI) Unless you're frequently trading, you should never keepyour crypto on an Cryptocurrency Exchange for an longer time frame. To take off your PCHAIN (PI), go to the ”Funds” tab and click on “Withdraw”. PCHAIN (PI) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find PCHAIN (PI) by using the given drop-down box. Put into the quantity of PCHAIN (PI) you'd like to take off. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you are glad, click on “Submit”. You could be asked for verfication via phone/email before a take off.