A Step-by-Step-Guide on how to buy PRiVCY (PRIV)
Step 1 – Join Kraken You'll first need to buy one of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Funds to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. PRiVCY (PRIV) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you have chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate PRiVCY (PRIV) Once your deposit has been affirmed, you'll instantly have access to your assets and you can start purchasing and trading. To buy PRiVCY (PRIV) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. In order to spot PRiVCY (PRIV), you'll need to put the cointype (PRIV) into the search box, which is marked in the image. Be certain of having selected the right pairing, we've marked this also. Click on “PRIV/BTC” to continue.
Step 4 – Buying PRiVCY (PRIV) After you have found PRiVCY (PRIV), you will 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 creating our Limit Order. The field with the “Price” tag will be filled with the most recent valuation PRiVCY (PRIV) was traded for. This can be changed to your preferred rate. The ”Amount” field is the amount of PRIV you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete amount of PRIV. When you are glad, click on “Buy PRIV”. Your order will be filled as soon as a Vendor trades their PRIV for the price you submitted.
Step 5 – Withdraw PRiVCY (PRIV) Unless you are regularly trading, best advise is not to keep coins on an Exchange for an extensive period of time. To withdraw your PRiVCY (PRIV), hover over the ”Funds” tab and click on “Withdraw”. PRiVCY (PRIV) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find PRiVCY (PRIV) by using the provided drop-down box. Enter the quantity of PRiVCY (PRIV) you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. If you are glad, click “Submit”. You may be requested for verfication via phone/email ahead of a take off.