A Step-by-Step-Guide on how to buy Troy (TROY)
Step 1 – Join Kraken You will first need to purchase one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and getting Bitcoin or Ethereum.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Troy (TROY) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just 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, ETH to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Troy (TROY) As soon as your deposit has been confirmed, you will immediately have access to your assets and you can launch invest and trading. To invest in Troy (TROY) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To spot Troy (TROY), you'll need to put the short name of the asset (TROY) into the search box, which is marked in the picture. Be certain of having selected the right pairing, we've marked this too. Click on “TROY/BTC” to progress.
Step 4 – Buy Troy (TROY) Once you have spotted Troy (TROY), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're making our own Limit Order. The field with the “Price” tag will be filled with the most recent price Troy (TROY) was sold for. This can be changed to your preferred price. The ”Amount” field is the quantity of TROY you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete volumen of TROY. If you're happy, make a mouse click on “Buy TROY”. Your plan will be filled when a Vender trades their TROY for the price you offered.
Step 5 – Withdraw Troy (TROY) Unless you're frequently trading, never keep your crypto on an Exchange for an extended time frame. In order to withdraw your Troy (TROY), go to the ”Funds” tab and click on “Withdraw”. Troy (TROY) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Troy (TROY) by using the provided drop-down box. Drop in the amount of Troy (TROY) you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you're glad, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.
Congrats! You've successfully purchased and stored Troy (TROY).That's it! Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (TROY) Troy is stored inside your wallet, you're all done.
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