A Step-by-Step-Guide on how to buy Theta Network (THETA)
Step 1 – Join Kraken You'll 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 for registration and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Theta Network (THETA) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Theta Network (THETA) Once your deposit has been approved, you will directly have access to your funds and you can initiate invest and trading. To buy Theta Network (THETA) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. To locate Theta Network (THETA), you will need to insert the shortname of the coin (THETA) into the search box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we have marked this also. Click on “THETA/BTC” to proceed.
Step 4 – Buy Theta Network (THETA) After you have found Theta Network (THETA), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). For now we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff Theta Network (THETA) was sold for. This can be changed to your favoured rate. The ”Amount” field is the quantity of THETA you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete volumen of THETA. If you're satisfied, make a mouse click on “Buy THETA”. Your plan will be filled as soon as a Seller trades their THETA for the price you introduced.
Step 5 – Withdraw Theta Network (THETA) Unless you are frequently trading, never keep your coins on an Cryptocurrency Exchange for an extended time frame. To withdraw your Theta Network (THETA), go to the ”Funds” tab and click on “Withdraw”. Theta Network (THETA) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Theta Network (THETA) by using the given drop-down box. Enter the quantity of Theta Network (THETA) you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address. If you're happy, click “Submit”. You may be asked for verfication via phone/email ahead of a take off.