A Step-by-Step-Guide on how to buy Troy (TROY)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and to get Bitcoin or Ethereum.
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Troy (TROY) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate (TROY) Troy As soon as your deposit has been confirmed, you will now have access to your funds and you can initiate buying and trading. To invest in (TROY) Troy on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To discover (TROY) Troy, you will need to insert the short name of the asset (TROY) into the search-box, which is marked in the graphic. Make sure you have selected the correct grouping, we have marked this too. Click on “TROY/BTC” to proceed.
Step 4 – Acquisition of Troy (TROY) As soon as you have located Troy (TROY), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're making our own Limit Order. The ”Price” field will be automatically filled with the most latest rate Troy (TROY) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of TROY you want to buy. The field with the “Total” tag is the total price in BTC that you will settle for the whole quantity of TROY. If you're glad, click on “Buy TROY”. Your order will be filled as soon as a Vender sells their TROY for the price you gave.
Step 5 – Withdraw Troy (TROY) Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Trader for an extended time period. In order to take off your Troy (TROY), go to the ”Funds” tab and click on “Withdraw”. Troy (TROY) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Troy (TROY) by using the given drop-down box. Enter the amount of Troy (TROY) you would wish to take off. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. If you're glad, click on “Submit”. You could be asked for email/phone verification ahead of a take off.