A Step-by-Step-Guide on how to buy Pirate Chain (ARRR)
Step 1 – Signup to Kraken In the beginning you'll need to purchase one of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and receive ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Pirate Chain (ARRR) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate Pirate Chain (ARRR) Once your deposit has been confirmed, you will now have access to your funds and you can launch invest and trading. To buy Pirate Chain (ARRR) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover Pirate Chain (ARRR), you will need to insert the cointype (ARRR) into the search box, which is marked in the graphic. Make sure you have choosen the right grouping, we've highlighted this too. Click on “ARRR/BTC” to go on.
Step 4 – Acquisition of Pirate Chain (ARRR) Once you have discovered Pirate Chain (ARRR), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date price Pirate Chain (ARRR) was traded for. This can be changed to your desired price. The ”Amount” field is the quantity of ARRR you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete amount of ARRR. When you are glad, make a mouse click on “Buy ARRR”. Your order will be filled as soon as a Vender sells their ARRR for the price you introduced.
Step 5 – Withdraw Pirate Chain (ARRR) Unless you're regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extended time period. To withdraw your Pirate Chain (ARRR), go to the tab called “Funds” and mouse click on “Withdraw”. Pirate Chain (ARRR) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Pirate Chain (ARRR) by using the given drop-down box. Enter the volumen of Pirate Chain (ARRR) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.
Congrats! You have successfully bought and stored Pirate Chain (ARRR).That's it! Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the (ARRR) Pirate Chain is safe in your wallet, you're finished.
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