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 – Transmit Your Bitcoin or Ethereum to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Streamr DATAcoin (DATA) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual)

Make sure you've selected the precise coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find Streamr DATAcoin (DATA)

Once your deposit has been approved, you will now have access to your funds and you can initiate buying and trading. To buy 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 locate Streamr DATAcoin (DATA), you will need to put the short name of the asset (DATA) into the search box, which is marked in the graphic. Be certain of having choosen the proper pairing, we've marked this too. 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)

As soon as you've discovered Streamr DATAcoin (DATA), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are going to create our own Limit Order.

The ”Price” field will be automatically filled with the most latest price Streamr DATAcoin (DATA) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of DATA you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole quantity of DATA.

If you're satisfied, make a mouse click on “Buy DATA”. Your plan will be filled when a Seller sells their DATA for the price you gave.

Step 5 – Withdraw Streamr DATAcoin (DATA)

Unless you're regularly trading, you should never keepyour crypto on an Crypto Exchange for an extensive period of time. In order to take off your Streamr DATAcoin (DATA), go to the ”Funds” tab and mouse click on “Withdraw”. Streamr DATAcoin (DATA) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Streamr DATAcoin (DATA) by using the given drop-down box. Put into the quantity of Streamr DATAcoin (DATA) you would wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address.

If you're glad, make a mouse click on “Submit”. You may be asked for email/phone verification before a withdrawal.

Binance Withdraw

Congrats! You have successfully purchased and stored Streamr DATAcoin (DATA).

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (DATA) Streamr DATAcoin is stored inside your wallet, you are done.
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