A Step-by-Step-Guide on how to buy Pillar (PLR)
Step 1 – Join Kraken You'll first need to buy one of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Pillar (PLR) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you've chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate Pillar (PLR) Once your deposit has been confirmed, you will instantly have access to your funds and you can begin purchasing and trading. To buy Pillar (PLR) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to spot Pillar (PLR), you'll need to insert the short name of the asset (PLR) into the search box, which is marked in the picture. Make sure you have selected the right pairing, we've marked this too. Click on “PLR/BTC” to go ahead.
Step 4 – Buy Pillar (PLR) After you've spotted Pillar (PLR), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our own Limit Order. The ”Price” field will be filled with the most latest rate Pillar (PLR) was traded for. This can be changed to your preferred rate. The ”Amount” field is the quantity of PLR you want to buy. The ”Total” field is the aggregated price in BTC that you'll settle for the whole volumen of PLR. If you're satisfied, make a mouse click on “Buy PLR”. Your order will be filled as soon as a Vendor trades their PLR for the price you gave.
Step 5 – Withdraw Pillar (PLR) Unless you're regularly trading, you should never keepyour crypto on an Exchange for an extensive period of time. To withdraw your Pillar (PLR), hover over the tab called “Funds” and click on “Withdraw”. Pillar (PLR) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Pillar (PLR) by using the provided drop-down box. Enter the amount of Pillar (PLR) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you are happy, click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.
Kudos! You have successfully purchased and stored Pillar (PLR).That's it! Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your take off with Ethplorer.io or Etherscan.io and the (PLR) Pillar is stored inside your wallet, you are finished.
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