A Step-by-Step-Guide on how to buy Tradecoin-Token (TRD)
Step 1 –
Signup to Kraken
You will first need to purchase one of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 –
Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange
Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Tradecoin-Token (TRD) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)
Make sure you have selected the correct coin you would like to deposit.
BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 –
Locate Tradecoin-Token (TRD)
Once your deposit has been verified, you will directly have access to your assets and you can launch buying and trading. To invest in Tradecoin-Token (TRD) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”.
To discover Tradecoin-Token (TRD), you will need to put the cointype (TRD) into the search box, which is marked in the graphic. Make sure you have choosen the right grouping, we've highlighted this too. Click on “TRD/BTC” to continue.
Step 4 –
Buy Tradecoin-Token (TRD)
As soon as you have located Tradecoin-Token (TRD), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to create our own Limit Order.
The field with the “Price” tag will be filled with the most latest rate Tradecoin-Token (TRD) was sold for. You can change this to your desired rate. The ”Amount” field is the amount of TRD you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete quantity of TRD.
If you are satisfied, click on “Buy TRD”. Your order will be filled as soon as a Seller trades their TRD for the price you introduced.
Step 5 –
Withdraw Tradecoin-Token (TRD)
Unless you're frequently trading, never keep your coins on an Cryptocurrency Exchange for an extensive period of time. To withdraw your Tradecoin-Token (TRD), go to the ”Funds” tab and mouse click on “Withdraw”. Tradecoin-Token (TRD) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)
Locate Tradecoin-Token (TRD) by using the given drop-down box. Put into the quantity of Tradecoin-Token (TRD) you would wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address.
If you're satisfied, click on “Submit”. You may be requested for phone/email verification ahead of a take off.