A Step-by-Step-Guide on how to buy Qtum (QTUM)
Step 1 – Signup to Kraken You will first need to buy one of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Qtum (QTUM) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find Qtum (QTUM) As soon as your deposit has been affirmed, you will now have access to your funds and you can initiate buying and trading. To buy Qtum (QTUM) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. To locate Qtum (QTUM), you will need to insert the short name of the asset (QTUM) into the search-box, which is marked in the picture. Be certain of having choosen the proper grouping, we have marked this also. Click on “QTUM/BTC” to advance.
Step 4 – Buying Qtum (QTUM) After you have located Qtum (QTUM), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are making our Limit Order. The field with the “Price” tag will be automatically filled with the most latest price Qtum (QTUM) was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of QTUM you want to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole volumen of QTUM. When you're glad, click on “Buy QTUM”. Your order will be filled as soon as a Vendor sells their QTUM for the price you gave.
Step 5 – Withdraw Qtum (QTUM) Unless you are regularly trading, never keep your crypto coins on an Crypto Trader for an longer time period. In order to take off your Qtum (QTUM), go to the ”Funds” tab and mouse click on “Withdraw”. Qtum (QTUM) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Qtum (QTUM) by using the given drop-down box. Enter the amount of Qtum (QTUM) you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. If you are glad, click on “Submit”. You may be requested for verfication via email/phone before a take off.