A Step-by-Step-Guide on how to buy Ternio (TERN)
Step 1 – Join Kraken You'll first need to purchase one of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and to get Funds.
Step 2 – Send Your Funds to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Ternio (TERN) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've chosen the correct coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find Ternio (TERN) Once your deposit has been approved, you'll immediately have access to your finances and you can start purchasing and trading. To purchase Ternio (TERN) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To locate Ternio (TERN), you'll need to insert the cointype (TERN) into the search-box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we have marked this too. Click on “TERN/BTC” to progress.
Step 4 – Purchase Ternio (TERN) Once you have located Ternio (TERN), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're creating our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date price Ternio (TERN) was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of TERN you wish to purchase. The ”Total” field is the whole price in BTC that you'll settle for the whole quantity of TERN. If you're happy, make a mouse click on “Buy TERN”. Your plan will be filled as soon as a Seller sells their TERN for the price you introduced.
Step 5 – Withdraw Ternio (TERN) Unless you're regularly trading, never keep your crypto coins on an Exchange for an longer time period. To withdraw your Ternio (TERN), hover over the ”Funds” tab and mouse click on “Withdraw”. Ternio (TERN) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Ternio (TERN) by using the given drop-down box. Put into the amount of Ternio (TERN) you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address. If you're glad, click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.