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 BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. POA Network (POA) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate POA Network (POA) As soon as your deposit has been verified, you'll immediately have access to your funds and you can launch buying and trading. To buy POA Network (POA) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. To discover POA Network (POA), you will need to put the shortname of the coin (POA) into the search-box, which is marked in the image. Be certain of having choosen the right pairing, we've highlighted this too. Click on “POA/BTC” to advance.
Step 4 – Purchasing POA Network (POA) As soon as you have discovered POA Network (POA), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we're creating our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date rate POA Network (POA) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of POA you want to purchase. The ”Total” field is the whole price in Bitcoin that you'll settle for the complete amount of POA. If you are satisfied, click on “Buy POA”. Your plan will be filled when a Vender sells their POA for the price you gave.
Step 5 – Withdraw POA Network (POA) Unless you're frequently trading, best advise is not to keep coins on an Crypto Trader for an extensive time period. To withdraw your POA Network (POA), hover over the tab called “Funds” and mouse click on “Withdraw”. POA Network (POA) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate POA Network (POA) by using the provided drop-down box. Put into the amount of POA Network (POA) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. If you are glad, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.