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.
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Streamr DATAcoin (DATA) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you've chosen the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate Streamr DATAcoin (DATA) Once your deposit has been confirmed, you'll directly have access to your assets and you can commence buying and trading. To purchase Streamr DATAcoin (DATA) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To locate Streamr DATAcoin (DATA), you will need to insert the cointype (DATA) into the search-box, which is marked in the graphic. Make sure you have selected the proper pairing, we've marked this too. Click on “DATA/BTC” to progress.
Step 4 – Buying Streamr DATAcoin (DATA) Once you have spotted Streamr DATAcoin (DATA), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest price Streamr DATAcoin (DATA) was sold for. You can change this to your desired rate. The ”Amount” field is the amount of DATA you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole volumen of DATA. If you're glad, click on “Buy DATA”. Your plan will be filled when a Seller trades their DATA for the price you submitted.
Step 5 – Withdraw Streamr DATAcoin (DATA) Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Trader for an extended period of time. To withdraw your Streamr DATAcoin (DATA), go to the tab called “Funds” and mouse click on “Withdraw”. Streamr DATAcoin (DATA) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Streamr DATAcoin (DATA) by using the provided drop-down box. Drop in the volumen of Streamr DATAcoin (DATA) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a take off.
Congrats! You've successfully purchased and safed Streamr DATAcoin (DATA).That's it! Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the (DATA) Streamr DATAcoin is safe inside your wallet, you're all done.
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