A Step-by-Step-Guide on how to buy Tellor (TRB)
Step 1 – Signup to Kraken You will first need to purchase units of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Tellor (TRB) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate Tellor (TRB) Once your deposit has been verified, you will now have access to your finances and you can launch invest and trading. To invest in Tellor (TRB) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. In order to locate Tellor (TRB), you will need to insert the shortname of the coin (TRB) into the search-box, which is highlighted in the image. Be certain of having choosen the correct pairing, we have highlighted this too. Click on “TRB/BTC” to advance.
Step 4 – Buying Tellor (TRB) Once you have spotted Tellor (TRB), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we are creating our Limit Order. The field with the “Price” tag will be automatically filled with the most recent rate Tellor (TRB) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of TRB you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete amount of TRB. If you're happy, make a mouse click on “Buy TRB”. Your order will be filled when a Vender sells their TRB for the price you gave.
Step 5 – Withdraw Tellor (TRB) Unless you're regularly trading, best advise is not to keep your coins on an Crypto Exchange for an longer time frame. In order to withdraw your Tellor (TRB), go to the ”Funds” tab and click on “Withdraw”. Tellor (TRB) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Tellor (TRB) by using the given drop-down box. Drop in the quantity of Tellor (TRB) you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address. When you're satisfied, click “Submit”. You could be requested for phone/email verification before a take off.