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 ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. PCHAIN (PI) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate PCHAIN (PI) Once your deposit has been approved, you will now have access to your funds and you can commence buying and trading. To invest in PCHAIN (PI) on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to spot PCHAIN (PI), you will need to put the shortname of the coin (PI) into the search-box, which is marked in the picture. Make sure you have choosen the correct grouping, we've marked this too. Click on “PI/BTC” to advance.
Step 4 – Acquisition of PCHAIN (PI) After you've found PCHAIN (PI), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest tariff PCHAIN (PI) was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of PI you want to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the complete amount of PI. When you're happy, click on “Buy PI”. Your order will be filled when a Vender sells their PI for the price you offered.
Step 5 – Withdraw PCHAIN (PI) Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Trader for an extended time frame. To withdraw your PCHAIN (PI), hover over the tab called “Funds” and click on “Withdraw”. PCHAIN (PI) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate PCHAIN (PI) by using the given drop-down box. Drop in the amount of PCHAIN (PI) you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. When you're happy, click on “Submit”. You could be requested for phone/email verification before a take off.