A Step-by-Step-Guide on how to buy Terracoin (TRC)
Step 1 – Join Kraken You will first need to purchase units of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and to get Funds.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Terracoin (TRC) is accessible on Binance, so we're going to use that as an example. Not sure 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. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find Terracoin (TRC) As soon as your deposit has been affirmed, you will now have access to your assets and you can start invest and trading. To purchase Terracoin (TRC) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. To spot Terracoin (TRC), you'll need to insert the short name of the asset (TRC) into the search box, which is highlighted in the image. Make sure you have selected the correct pairing, we've highlighted this too. Click on “TRC/BTC” to proceed.
Step 4 – Acquisition of Terracoin (TRC) After you have found Terracoin (TRC), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest rate Terracoin (TRC) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of TRC you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole amount of TRC. When you are happy, make a mouse click on “Buy TRC”. Your plan will be filled as soon as a Vendor sells their TRC for the price you offered.
Step 5 – Withdraw Terracoin (TRC) Unless you're frequently trading, you should never keepyour crypto on an Exchange for an extensive time frame. In order to withdraw your Terracoin (TRC), hover over the tab called “Funds” and mouse click on “Withdraw”. Terracoin (TRC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Terracoin (TRC) by using the provided drop-down box. Put into the quantity of Terracoin (TRC) you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address. If you're happy, click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.