How to Buy Polymath Network (POLY)

A Step-by-Step-Guide on how to buy Polymath Network (POLY)

Step 1 – Signup to Kraken

You'll first need to purchase units of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below for registration and getting Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Polymath Network (POLY) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual)

Make sure you have chosen the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate Polymath Network (POLY)

Once your deposit has been verified, you will directly have access to your assets and you can launch buying and trading. To invest in Polymath Network (POLY) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To find Polymath Network (POLY), you'll need to insert the cointype (POLY) into the search-box, which is highlighted in the image. Be certain of having selected the proper grouping, we have marked this too. Click on “POLY/BTC” to continue.

Binance Hot To Buy Polymath Network (POLY)
Binance How to Buy (POLY) Polymath Network
Step 4 – Purchase Polymath Network (POLY)

After you've discovered Polymath Network (POLY), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent valuation Polymath Network (POLY) was traded for. This can be changed to your preferred price. The ”Amount” field is the quantity of POLY you wish to buy. The ”Total” field is the whole price in BTC that you will settle for the whole amount of POLY.

When you're happy, click on “Buy POLY”. Your order will be filled as soon as a Vender trades their POLY for the price you gave.

Step 5 – Withdraw Polymath Network (POLY)

Unless you're regularly trading, never keep your crypto on an Exchange for an extended time frame. To withdraw your Polymath Network (POLY), go to the ”Funds” tab and click on “Withdraw”. Polymath Network (POLY) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Polymath Network (POLY) by using the given drop-down box. Drop in the quantity of Polymath Network (POLY) you'd wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address.

When you're satisfied, click “Submit”. You may be requested for verfication via email/phone ahead of a take off.

Binance Withdraw

Congrats! You've successfully bought and stored Polymath Network (POLY).

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (POLY) Polymath Network is stored within your wallet, you are all done.

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