How to Buy PetroDollar (XPD)

A Step-by-Step-Guide on how to buy PetroDollar (XPD)

Step 1 – Signup to CEX.io

You will first need to purchase one of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and to get Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. PetroDollar (XPD) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps)

Make sure you have chosen the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate (XPD) PetroDollar

Once your deposit has been confirmed, you will immediately have access to your assets and you can start purchasing and trading. To buy (XPD) PetroDollar on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to discover (XPD) PetroDollar, you will need to insert the shortname of the coin (XPD) 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 “XPD/BTC” to progress.

Binance Hot To Buy PetroDollar (XPD)
Binance How to Buy (XPD) PetroDollar
Step 4 – Purchase (XPD) PetroDollar

Once you've spotted (XPD) PetroDollar, you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we are making our Limit Order.

The field with the “Price” tag will be filled automatically with the recent rate (XPD) PetroDollar was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of XPD you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole quantity of XPD.

If you're happy, click on “Buy XPD”. Your plan will be filled when a Vender trades their XPD for the price you submitted.

Step 5 – Withdraw PetroDollar (XPD)

Unless you're regularly trading, never keep your crypto coins on an Exchange for an extensive time frame. In order to take off your PetroDollar (XPD), go to the ”Funds” tab and mouse click on “Withdraw”. PetroDollar (XPD) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find PetroDollar (XPD) by using the provided drop-down box. Drop in the volumen of PetroDollar (XPD) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address.

When you're happy, click “Submit”. You may be requested for email/phone verification before a take off.

Binance Withdraw

Kudos! You've successfully purchased and safed (XPD) PetroDollar.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have confirmed your take off using Etherscan.io or Ethplorer.io and the (XPD) PetroDollar is stored in your wallet, you are done.