A Step-by-Step-Guide on how to buy PAL Network (PAL)
Step 1 – Signup to Kraken You will first need to purchase units of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and getting Ethereum or Bitcoin.
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. PAL Network (PAL) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have chosen the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find PAL Network (PAL) Once your deposit has been verified, you'll now have access to your funds and you can begin purchasing and trading. To buy PAL Network (PAL) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. To spot PAL Network (PAL), you'll need to insert the cointype (PAL) into the search box, which is marked in the picture. Be certain of having selected the right pairing, we've marked this too. Click on “PAL/BTC” to proceed.
Step 4 – Buying PAL Network (PAL) As soon as you've spotted PAL Network (PAL), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to make our Limit Order. The ”Price” field will be automatically filled with the latest rate PAL Network (PAL) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of PAL you want to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the whole amount of PAL. If you're satisfied, make a mouse click on “Buy PAL”. Your plan will be filled when a Vendor sells their PAL for the price you submitted.
Step 5 – Withdraw PAL Network (PAL) Unless you are trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive time frame. To take off your PAL Network (PAL), go to the tab called “Funds” and click on “Withdraw”. PAL Network (PAL) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find PAL Network (PAL) by using the provided drop-down box. Enter the amount of PAL Network (PAL) you would like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. When you are satisfied, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.