A Step-by-Step-Guide on how to buy PRiVCY (PRIV)
Step 1 – Join CEX.io In the beginning you'll need to buy units of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and to get Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. PRiVCY (PRIV) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate (PRIV) PRiVCY Once your deposit has been affirmed, you'll immediately have access to your finances and you can launch buying and trading. To buy (PRIV) PRiVCY on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. To find (PRIV) PRiVCY, you'll need to put the short name of the asset (PRIV) into the search box, which is highlighted in the image. Make sure you have choosen the right pairing, we've highlighted this also. Click on “PRIV/BTC” to advance.
Step 4 – Purchasing (PRIV) PRiVCY Once you have discovered (PRIV) PRiVCY, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to create our Limit Order. The ”Price” field will be filled automatically with the latest valuation (PRIV) PRiVCY was traded for. You can change this to your favoured rate. The ”Amount” field is the quantity of PRIV you want to buy. The ”Total” field is the total price in Bitcoin that you will settle for the complete quantity of PRIV. When you're satisfied, make a mouse click on “Buy PRIV”. Your plan will be filled as soon as a Seller sells their PRIV for the price you submitted.
Step 5 – Withdraw PRiVCY (PRIV) Unless you're regularly trading, never keep your crypto coins on an Crypto Exchange for an longer time frame. To take off your PRiVCY (PRIV), go to the ”Funds” tab and click on “Withdraw”. PRiVCY (PRIV) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find PRiVCY (PRIV) by using the provided drop-down box. Drop in the amount of PRiVCY (PRIV) you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. If you're satisfied, click “Submit”. You may be requested for verfication via phone/email before a withdrawal.