A Step-by-Step-Guide on how to buy Peerplays (PPY)
Step 1 – Signup to Kraken You will first need to buy units of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below to register and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Ethereum or Bitcoin to an 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. Peerplays (PPY) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find Peerplays (PPY) Once your deposit has been approved, you'll immediately have access to your assets and you can start invest and trading. To purchase Peerplays (PPY) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. In order to discover Peerplays (PPY), you'll need to insert the shortname of the coin (PPY) into the search box, which is marked in the image. Make sure you have selected the right pairing, we've marked this too. Click on “PPY/BTC” to advance.
Step 4 – Purchasing Peerplays (PPY) Once you have discovered Peerplays (PPY), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest rate Peerplays (PPY) was sold for. This can be changed to your favoured rate. The ”Amount” field is the volumen of PPY you wish to purchase. The ”Total” field is the total price in Bitcoin that you'll pay for the complete amount of PPY. When you are happy, click on “Buy PPY”. Your plan will be filled when a Seller sells their PPY for the price you submitted.
Step 5 – Withdraw Peerplays (PPY) Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an longer time frame. To withdraw your Peerplays (PPY), go to the tab called “Funds” and click on “Withdraw”. Peerplays (PPY) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Peerplays (PPY) by using the provided drop-down box. Enter the quantity of Peerplays (PPY) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.