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 Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Streamr DATAcoin (DATA) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Find Streamr DATAcoin (DATA)

As soon as your deposit has been verified, you will immediately have access to your finances and you can begin 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 locate Streamr DATAcoin (DATA), you will need to insert the cointype (DATA) into the search box, which is highlighted in the image. Make sure you have choosen the right grouping, we've highlighted this also. Click on “DATA/BTC” to advance.

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

After you have found Streamr DATAcoin (DATA), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the most up-to-date valuation Streamr DATAcoin (DATA) was sold for. You can change this to your preferred price. The ”Amount” field is the quantity of DATA you like to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete quantity of DATA.

If you are happy, click on “Buy DATA”. Your plan will be filled when a Vendor trades their DATA for the price you offered.

Step 5 – Withdraw Streamr DATAcoin (DATA)

Unless you're regularly trading, best advise is not to keep coins on an Crypto Exchange for an extended time frame. To withdraw your Streamr DATAcoin (DATA), go to the ”Funds” tab and click on “Withdraw”. Streamr DATAcoin (DATA) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Streamr DATAcoin (DATA) by using the provided drop-down box. Put into the volumen of Streamr DATAcoin (DATA) you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address.

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

Binance Withdraw

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

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal with Ethplorer.io or Etherscan.io and the (DATA) Streamr DATAcoin is stored in your wallet, you are all done.

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