How to Buy Qtum (QTUM)

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).

Binance Signup
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Qtum (QTUM) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

Make sure you've chosen the right coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Find Qtum (QTUM)

Once your deposit has been verified, you will directly have access to your finances and you can launch buying and trading. To buy Qtum (QTUM) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to find Qtum (QTUM), you'll need to insert the cointype (QTUM) into the search box, which is highlighted in the image. Make sure you have choosen the correct pairing, we have highlighted this also. Click on “QTUM/BTC” to continue.

Binance Hot To Buy Qtum (QTUM)
Binance How to Buy (QTUM) Qtum
Step 4 – Buy Qtum (QTUM)

As soon as you've found Qtum (QTUM), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price Qtum (QTUM) was sold for. You can change this to your favoured rate. The ”Amount” field is the amount of QTUM you like to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the complete volumen of QTUM.

When you are satisfied, make a mouse click on “Buy QTUM”. Your order will be filled as soon as a Seller sells their QTUM for the price you offered.

Step 5 – Withdraw Qtum (QTUM)

Unless you're regularly trading, you should never keepyour crypto coins on an Exchange for an extensive time frame. To take off your Qtum (QTUM), hover over the tab called “Funds” and mouse click on “Withdraw”. Qtum (QTUM) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Qtum (QTUM) by using the given drop-down box. Put into the amount of Qtum (QTUM) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address.

If you're glad, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.

Binance Withdraw

Congrats! You've successfully bought and stored Qtum (QTUM).

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (rely on usage of the network). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (QTUM) Qtum is stored inside your wallet, you're finished.

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