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 – Transfer Your Ethereum or Bitcoin to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Pillar (PLR) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate Pillar (PLR) Once your deposit has been approved, you'll instantly have access to your funds and you can commence purchasing and trading. To purchase Pillar (PLR) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to locate Pillar (PLR), you will need to insert the short name of the asset (PLR) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we've marked this too. Click on “PLR/BTC” to continue.
Step 4 – Purchase Pillar (PLR) Once you have found Pillar (PLR), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest price Pillar (PLR) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of PLR you wish to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the complete amount of PLR. If you're glad, click on “Buy PLR”. Your plan will be filled as soon as a Seller sells their PLR for the price you gave.
Step 5 – Withdraw Pillar (PLR) Unless you are frequently trading, best advise is not to keep crypto on an Exchange for an extensive period of time. In order to withdraw your Pillar (PLR), go to the tab called “Funds” and mouse 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. Drop in the volumen of Pillar (PLR) you'd like to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, make a mouse click on “Submit”. You could be asked for phone/email verification before a withdrawal.