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 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Phore (PHR) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

Make sure you've selected the exact coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate Phore (PHR)

As soon as your deposit has been approved, you will now have access to your funds and you can launch invest and trading. To purchase Phore (PHR) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”.

To locate Phore (PHR), you will need to put the short name of the asset (PHR) into the search box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we have marked this also. Click on “PHR/BTC” to advance.

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

As soon as you have discovered Phore (PHR), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are creating our own Limit Order.

The ”Price” field will be filled automatically with the most recent price Phore (PHR) was sold 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 total price in Bitcoin that you will pay for the complete volumen of PHR.

If you're glad, make a mouse click on “Buy PHR”. Your order will be filled as soon as a Vendor trades their PHR for the price you submitted.

Step 5 – Withdraw Phore (PHR)

Unless you are regularly trading, never keep your coins on an Exchange for an extended period of time. In order to take off your Phore (PHR), go to the ”Funds” tab and click on “Withdraw”. Phore (PHR) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Phore (PHR) by using the provided drop-down box. Enter the volumen of Phore (PHR) you would wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address.

When you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a take off.

Binance Withdraw

Congrats! You have successfully bought and stored Phore (PHR).

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the (PHR) Phore is stored within your wallet, you are done.

Some other Guides on How to buy Coins

How to Buy Landcoin
How to Buy iShook
How to Buy Coins
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