A Step-by-Step-Guide on how to buy PengolinCoin (PGO)
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. PengolinCoin (PGO) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you've selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate PengolinCoin (PGO) As soon as your deposit has been confirmed, you will now have access to your finances and you can commence purchasing and trading. To buy PengolinCoin (PGO) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To spot PengolinCoin (PGO), you will need to insert the shortname of the coin (PGO) into the search box, which is marked in the image. Be certain of having choosen the correct grouping, we've marked this too. Click on “PGO/BTC” to go ahead.
Step 4 – Purchase PengolinCoin (PGO) After you have located PengolinCoin (PGO), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're going to create our Limit Order. The ”Price” field will be filled automatically with the latest tariff PengolinCoin (PGO) was traded for. You can change this to your favoured rate. The ”Amount” field is the amount of PGO you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete amount of PGO. When you are glad, click on “Buy PGO”. Your order will be filled when a Seller trades their PGO for the price you submitted.
Step 5 – Withdraw PengolinCoin (PGO) Unless you're frequently trading, never keep your crypto coins on an Crypto Exchange for an extensive time frame. In order to take off your PengolinCoin (PGO), hover over the ”Funds” tab and mouse click on “Withdraw”. PengolinCoin (PGO) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find PengolinCoin (PGO) by using the provided drop-down box. Drop in the amount of PengolinCoin (PGO) you'd like to take off. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address. When you're happy, click “Submit”. You may be asked for verfication via phone/email before a take off.