How to Buy Phore (PHR)

A Step-by-Step-Guide on how to buy Phore (PHR)

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and to get Bitcoin (BTC) or Ethereum (ETH).

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

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Phore (PHR) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

Make sure you have selected the precise coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate Phore (PHR)

As soon as your deposit has been approved, you'll directly have access to your finances and you can start invest and trading. To purchase Phore (PHR) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

In order to find Phore (PHR), you will need to put the short name of the asset (PHR) into the search box, which is marked in the image. Make sure you have choosen the correct grouping, we've marked this also. Click on “PHR/BTC” to continue.

Binance Hot To Buy Phore (PHR)
Binance How to Buy (PHR) Phore
Step 4 – Purchasing Phore (PHR)

After you've located Phore (PHR), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff Phore (PHR) was traded for. You can change this to your preferred rate. The ”Amount” field is the quantity of PHR you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the complete quantity of PHR.

When you are satisfied, click on “Buy PHR”. Your order will be filled when a Vendor sells their PHR for the price you introduced.

Step 5 – Withdraw Phore (PHR)

Unless you're regularly trading, best advise is not to keep crypto on an Crypto Trader for an extended time period. To take off your Phore (PHR), hover over the ”Funds” tab and mouse click on “Withdraw”. Phore (PHR) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Phore (PHR) by using the provided drop-down box. Drop in the amount of Phore (PHR) you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address.

If you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.

Binance Withdraw

Congratulations! You have successfully purchased and safed Phore (PHR).

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (PHR) Phore is stored in your wallet, you're done.

Some other Guides on How to buy Coins

How to Buy BonFi
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How to Buy Coins
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