A Step-by-Step-Guide on how to buy QPay (QPY)
Step 1 – Join Kraken You'll first need to buy one of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. QPay (QPY) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find QPay (QPY) Once your deposit has been affirmed, you'll immediately have access to your assets and you can initiate invest and trading. To purchase QPay (QPY) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To locate QPay (QPY), you will need to put the short name of the asset (QPY) into the search-box, which is marked in the image. Be certain of having choosen the correct grouping, we have marked this too. Click on “QPY/BTC” to progress.
Step 4 – Buy QPay (QPY) After you have spotted QPay (QPY), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to make our own Limit Order. The ”Price” field will be filled with the most up-to-date price QPay (QPY) was sold for. This can be changed to your desired price. The ”Amount” field is the amount of QPY you wish to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the whole volumen of QPY. When you're satisfied, make a mouse click on “Buy QPY”. Your plan will be filled when a Vendor trades their QPY for the price you submitted.
Step 5 – Withdraw QPay (QPY) Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an extended time period. In order to withdraw your QPay (QPY), hover over the tab called “Funds” and click on “Withdraw”. QPay (QPY) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find QPay (QPY) by using the given drop-down box. Put into the amount of QPay (QPY) you'd wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. If you're satisfied, click “Submit”. You could be requested for email/phone verification before a withdrawal.
Congratulations! You've successfully bought and stored QPay (QPY).That's it! Withdrawals from Crypto Trader can durate between 1 – 30 minutes (rely on network usage). Once you have confirmed your take off using Ethplorer.io or Etherscan.io and the (QPY) QPay is safe inside your wallet, you're done.
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