How to Buy Streamr DATAcoin (DATA)

A Step-by-Step-Guide on how to buy Streamr DATAcoin (DATA)

Step 1 – Signup to Kraken

You'll first need to buy units of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below for registration and receive Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Streamr DATAcoin (DATA) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you have chosen the right coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find Streamr DATAcoin (DATA)

As soon as your deposit has been approved, you'll directly have access to your funds and you can launch invest and trading. To invest in Streamr DATAcoin (DATA) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to spot Streamr DATAcoin (DATA), you will need to put the short name of the asset (DATA) into the search box, which is highlighted in the picture. Make sure you have selected the correct pairing, we've highlighted this also. Click on “DATA/BTC” to continue.

Binance Hot To Buy Streamr DATAcoin (DATA)
Binance How to Buy (DATA) Streamr DATAcoin
Step 4 – Buy Streamr DATAcoin (DATA)

Once you have found Streamr DATAcoin (DATA), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest rate Streamr DATAcoin (DATA) was sold for. You can change this to your desired rate. The ”Amount” field is the volumen of DATA you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete volumen of DATA.

If you're happy, click on “Buy DATA”. Your plan will be filled when a Vender sells their DATA for the price you offered.

Step 5 – Withdraw Streamr DATAcoin (DATA)

Unless you're regularly trading, never keep your coins on an Crypto Trader for an longer period of time. In order to take off your Streamr DATAcoin (DATA), hover over the tab called “Funds” and click on “Withdraw”. Streamr DATAcoin (DATA) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Streamr DATAcoin (DATA) by using the provided drop-down box. Put into the amount of Streamr DATAcoin (DATA) you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address.

When you're happy, click “Submit”. You could be asked for verfication via email/phone before a take off.

Binance Withdraw

Congrats! You've successfully bought and safed Streamr DATAcoin (DATA).

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you've proved your take off with Ethplorer.io or Etherscan.io and the (DATA) Streamr DATAcoin is stored inside your wallet, you're done.
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