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 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Polymath Network (POLY) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you've chosen the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Find Polymath Network (POLY)

Once your deposit has been confirmed, you will directly have access to your assets and you can start buying and trading. To purchase Polymath Network (POLY) on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”.

In order to spot Polymath Network (POLY), you will need to insert the short name of the asset (POLY) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “POLY/BTC” to go ahead.

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

After you've spotted Polymath Network (POLY), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are creating our Limit Order.

The ”Price” field will be filled with the most recent rate Polymath Network (POLY) was sold for. You can change this to your preferred price. The ”Amount” field is the amount of POLY you want to buy. The ”Total” field is the aggregated price in BTC that you will settle for the complete amount of POLY.

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

Step 5 – Withdraw Polymath Network (POLY)

Unless you are trading, you should never keepyour coins on an Crypto Trader for an longer time period. In order to withdraw your Polymath Network (POLY), go to the tab called “Funds” and click on “Withdraw”. Polymath Network (POLY) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Polymath Network (POLY) by using the given drop-down box. Put into the volumen of Polymath Network (POLY) you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

When you are satisfied, click on “Submit”. You could be requested for verfication via email/phone before a take off.

Binance Withdraw

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

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (POLY) Polymath Network is stored within your wallet, you're done.

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