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 Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Tellor (TRB) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've selected the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find Tellor (TRB) As soon as your deposit has been approved, you will now have access to your funds and you can initiate purchasing and trading. To buy Tellor (TRB) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to find Tellor (TRB), you will need to insert the cointype (TRB) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right grouping, we've highlighted this also. Click on “TRB/BTC” to continue.
Step 4 – Acquisition of Tellor (TRB) Once you have located Tellor (TRB), 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're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest rate Tellor (TRB) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of TRB you want to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the complete quantity of TRB. When you are glad, make a mouse click on “Buy TRB”. Your plan will be filled when a Vendor trades their TRB for the price you offered.
Step 5 – Withdraw Tellor (TRB) Unless you are regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extensive period of time. In order to withdraw your Tellor (TRB), go to the tab called “Funds” and click on “Withdraw”. Tellor (TRB) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tellor (TRB) by using the provided drop-down box. Enter the volumen of Tellor (TRB) you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.