How to Buy Photon (PHO)

A Step-by-Step-Guide on how to buy Photon (PHO)

Step 1 – Join CEX.io

You'll first need to purchase units of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and to get Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Photon (PHO) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Find (PHO) Photon

As soon as your deposit has been confirmed, you will directly have access to your funds and you can initiate invest and trading. To invest in (PHO) Photon on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

In order to spot (PHO) Photon, you will need to insert the short name of the asset (PHO) into the search box, which is highlighted in the image. Make sure you have selected the correct grouping, we've highlighted this too. Click on “PHO/BTC” to continue.

Binance Hot To Buy Photon (PHO)
Binance How to Buy (PHO) Photon
Step 4 – Buying (PHO) Photon

After you've located (PHO) Photon, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to create our own Limit Order.

The ”Price” field will be filled with the most up-to-date tariff (PHO) Photon was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of PHO you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the complete quantity of PHO.

When you're glad, make a mouse click on “Buy PHO”. Your order will be filled when a Vendor trades their PHO for the price you offered.

Step 5 – Withdraw (PHO) Photon

Unless you're frequently trading, never keep your crypto coins on an Crypto Trader for an extensive time period. In order to take off your (PHO) Photon, hover over the ”Funds” tab and click on “Withdraw”. (PHO) Photon can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (PHO) Photon by using the given drop-down box. Put into the amount of (PHO) Photon you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

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

Binance Withdraw

Congrats! You have successfully purchased and safed Photon (PHO).

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Photon (PHO) is stored in your wallet, you're all done.