A Step-by-Step-Guide on how to buy POA Network (POA)
Step 1 – Signup to Kraken You'll first need to purchase one of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. POA Network (POA) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find POA Network (POA) As soon as your deposit has been affirmed, you will now have access to your assets and you can initiate invest and trading. To purchase POA Network (POA) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. In order to spot POA Network (POA), you will need to put the cointype (POA) into the search-box, which is highlighted in the image. Make sure you have selected the right grouping, we have highlighted this too. Click on “POA/BTC” to continue.
Step 4 – Buying POA Network (POA) Once you've discovered POA Network (POA), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're making our own Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date valuation POA Network (POA) was traded for. This can be changed to your preferred price. The ”Amount” field is the quantity of POA you like to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete quantity of POA. When you're satisfied, make a mouse click on “Buy POA”. Your order will be filled when a Vendor trades their POA for the price you offered.
Step 5 – Withdraw POA Network (POA) Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an longer time period. To withdraw your POA Network (POA), hover over the tab called “Funds” and click on “Withdraw”. POA Network (POA) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find POA Network (POA) by using the provided drop-down box. Put into the amount of POA Network (POA) you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address. If you're satisfied, click on “Submit”. You could be requested for phone/email verification before a withdrawal.