A Step-by-Step-Guide on how to buy Potcoin (POT)
Step 1 – Join Kraken You will first need to buy units of the top-tier coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and receive Funds.
Step 2 – Send Your Funds to an Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Potcoin (POT) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you have selected the correct coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Potcoin (POT) Once your deposit has been confirmed, you'll instantly have access to your funds and you can commence buying and trading. To purchase Potcoin (POT) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to locate Potcoin (POT), you'll need to insert the shortname of the coin (POT) into the search box, which is marked in the graphic. Make sure you have choosen the correct grouping, we have marked this also. Click on “POT/BTC” to continue.
Step 4 – Buying Potcoin (POT) After you've discovered Potcoin (POT), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we're making our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date price Potcoin (POT) was sold for. This can be changed to your favoured price. The ”Amount” field is the amount of POT you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole volumen of POT. When you're glad, click on “Buy POT”. Your plan will be filled as soon as a Vendor sells their POT for the price you gave.
Step 5 – Withdraw Potcoin (POT) Unless you're frequently trading, never keep your coins on an Exchange for an longer time period. To withdraw your Potcoin (POT), go to the ”Funds” tab and click on “Withdraw”. Potcoin (POT) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Potcoin (POT) by using the provided drop-down box. Enter the volumen of Potcoin (POT) you would wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. If you are happy, click on “Submit”. You may be asked for phone/email verification before a withdrawal.