A Step-by-Step-Guide on how to buy Potcoin (POT)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and to get your welcome 10 Dollar.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Potcoin (POT) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you have chosen the exact 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 dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate (POT) Potcoin As soon as your deposit has been approved, you'll immediately have access to your assets and you can initiate invest and trading. To invest in (POT) Potcoin on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To find (POT) Potcoin, you'll need to put the cointype (POT) into the search box, which is highlighted in the image. Make sure you have selected the correct pairing, we've highlighted this too. Click on “POT/BTC” to progress.
Step 4 – Buying Potcoin (POT) After you have spotted Potcoin (POT), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date rate Potcoin (POT) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of POT you wish to buy. The ”Total” field is the total price in BTC that you'll pay for the whole amount of POT. When you're glad, make a mouse click on “Buy POT”. Your plan will be filled when a Vender trades their POT for the price you offered.
Step 5 – Withdraw Potcoin (POT) Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Trader for an extensive time period. To take off your Potcoin (POT), hover over the tab called “Funds” and click on “Withdraw”. Potcoin (POT) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Potcoin (POT) by using the provided drop-down box. Enter the quantity of Potcoin (POT) you'd like to take off. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.