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 Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Tellor (TRB) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've chosen the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate Tellor (TRB) Once your deposit has been verified, you will now have access to your assets and you can launch purchasing and trading. To buy Tellor (TRB) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To locate Tellor (TRB), you'll need to put the cointype (TRB) into the search-box, which is marked in the picture. Make sure you have choosen the correct pairing, we've highlighted this too. Click on “TRB/BTC” to continue.
Step 4 – Acquisition of Tellor (TRB) After you've discovered Tellor (TRB), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest tariff Tellor (TRB) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of TRB you like to purchase. The ”Total” field is the total price in BTC that you will pay for the complete amount of TRB. If you're glad, make a mouse click on “Buy TRB”. Your order will be filled as soon as a Seller trades their TRB for the price you submitted.
Step 5 – Withdraw Tellor (TRB) Unless you're frequently trading, best advise is not to keep your coins on an Exchange for an extended time frame. In order to take off your Tellor (TRB), go to the ”Funds” tab and mouse click on “Withdraw”. Tellor (TRB) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tellor (TRB) by using the provided drop-down box. Put into the amount of Tellor (TRB) you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you're happy, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.