How to Buy Placeholders (PHL)

A Step-by-Step-Guide on how to buy Placeholders (PHL)

Step 1 – Signup to Coinbase and get 10$ for free

You'll first need to buy units of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and to get your first 10 Dollar.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Send Your Funds to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Placeholders (PHL) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you've selected the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find (PHL) Placeholders

As soon as your deposit has been approved, you'll directly have access to your finances and you can start buying and trading. To buy (PHL) Placeholders on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”.

In order to spot (PHL) Placeholders, you'll need to insert the short name of the asset (PHL) into the search-box, which is highlighted in the image. Be certain of having selected the proper pairing, we've highlighted this too. Click on “PHL/BTC” to go on.

Binance Hot To Buy Placeholders (PHL)
Binance How to Buy (PHL) Placeholders
Step 4 – Acquisition of (PHL) Placeholders

As soon as you have spotted (PHL) Placeholders, you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are going to create our Limit Order.

The ”Price” field will be filled with the most latest valuation (PHL) Placeholders was sold for. This can be changed to your desired rate. The ”Amount” field is the volumen of PHL you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete volumen of PHL.

If you're happy, make a mouse click on “Buy PHL”. Your plan will be filled when a Vendor sells their PHL for the price you offered.

Step 5 – Withdraw Placeholders (PHL)

Unless you're trading, never keep your crypto on an Exchange for an extended time period. To withdraw your Placeholders (PHL), go to the tab called “Funds” and click on “Withdraw”. Placeholders (PHL) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Placeholders (PHL) by using the given drop-down box. Drop in the quantity of Placeholders (PHL) you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address.

If you're glad, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.

Binance Withdraw

Kudos! You have successfully bought and stored Placeholders (PHL).

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Placeholders (PHL) is safe in your wallet, you are done.