A Step-by-Step-Guide on how to buy ()
Step 1 – Signup to CEX.io You'll first need to purchase units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. () is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate () As soon as your deposit has been approved, you'll instantly have access to your assets and you can start buying and trading. To invest in () on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To spot () , you'll need to put the shortname of the coin () into the search box, which is marked in the image. Be certain of having choosen the correct pairing, we've marked this also. Click on “/BTC” to go on.
Step 4 – Purchasing () Once you have discovered () , you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent price () was sold for. This can be changed to your desired price. The ”Amount” field is the quantity of you like to buy. The field with the “Total” tag is the total price in BTC that you will settle for the whole quantity of . When you are satisfied, make a mouse click on “Buy “. Your plan will be filled when a Seller trades their for the price you gave.
Step 5 – Withdraw () Unless you are frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer time period. In order to take off your () , go to the tab called “Funds” and mouse click on “Withdraw”. () can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate () by using the given drop-down box. Drop in the amount of () you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address. When you are satisfied, click on “Submit”. You may be requested for phone/email verification ahead of a take off.