A Step-by-Step-Guide on how to buy Qtum (QTUM)
Step 1 – Signup to CEX.io You'll first need to purchase units of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Qtum (QTUM) 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 this guide) Make sure you have selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate Qtum (QTUM) Once your deposit has been confirmed, you will instantly have access to your finances and you can commence purchasing and trading. To invest in Qtum (QTUM) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To spot Qtum (QTUM), you will need to insert the shortname of the coin (QTUM) into the search box, which is marked in the picture. Be certain of having choosen the proper grouping, we've marked this too. Click on “QTUM/BTC” to go ahead.
Step 4 – Purchasing Qtum (QTUM) After you have located Qtum (QTUM), you will be given 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 going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the recent tariff Qtum (QTUM) was sold for. You can change this to your favoured rate. The ”Amount” field is the amount of QTUM you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole amount of QTUM. If you're satisfied, make a mouse click on “Buy QTUM”. Your plan will be filled as soon as a Seller sells their QTUM for the price you introduced.
Step 5 – Withdraw (QTUM) Qtum Unless you're trading, you should never keepyour crypto coins on an Exchange for an longer time period. To take off your (QTUM) Qtum, go to the tab called “Funds” and click on “Withdraw”. (QTUM) Qtum can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (QTUM) Qtum by using the provided drop-down box. Put into the quantity of (QTUM) Qtum you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be requested for phone/email verification before a take off.