A Step-by-Step-Guide on how to buy Phore (PHR)
Step 1 – Join CEX.io In the beginning you'll need to purchase one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Phore (PHR) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate Phore (PHR) Once your deposit has been verified, you will instantly have access to your funds and you can start purchasing and trading. To buy Phore (PHR) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. To spot Phore (PHR), you will need to put the shortname of the coin (PHR) into the search-box, which is marked in the image. Be certain of having selected the proper grouping, we have marked this also. Click on “PHR/BTC” to progress.
Step 4 – Buying Phore (PHR) Once you've discovered Phore (PHR), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we are making our Limit Order. The ”Price” field will be automatically filled with the recent tariff Phore (PHR) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of PHR you like to purchase. The ”Total” field is the aggregated price in BTC that you'll pay for the whole volumen of PHR. If you're satisfied, make a mouse click on “Buy PHR”. Your plan will be filled when a Seller trades their PHR for the price you submitted.
Step 5 – Withdraw Phore (PHR) Unless you are trading, best advise is not to keep crypto on an Crypto Trader for an extended period of time. In order to withdraw your Phore (PHR), hover over the ”Funds” tab and click on “Withdraw”. Phore (PHR) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Phore (PHR) by using the provided drop-down box. Drop in the quantity of Phore (PHR) you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address. When you are glad, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a take off.