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 Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. POA Network (POA) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find POA Network (POA) As soon as your deposit has been verified, you will now have access to your funds and you can commence invest and trading. To purchase POA Network (POA) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. To spot POA Network (POA), you'll need to put the cointype (POA) into the search-box, which is highlighted in the graphic. Make sure you have choosen the proper grouping, we have highlighted this also. Click on “POA/BTC” to advance.
Step 4 – Purchasing POA Network (POA) After you have found POA Network (POA), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest price POA Network (POA) was sold for. This can be changed to your preferred price. The ”Amount” field is the quantity of POA you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete quantity of POA. When you're satisfied, click on “Buy POA”. Your plan will be filled as soon as a Vender trades their POA for the price you offered.
Step 5 – Withdraw POA Network (POA) Unless you are frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your POA Network (POA), go to the tab called “Funds” and mouse click on “Withdraw”. POA Network (POA) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate POA Network (POA) by using the provided drop-down box. Enter the amount of POA Network (POA) you would like to take off. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, click “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.