A Step-by-Step-Guide on how to buy TrueUSD (TUSD)
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the top-tier coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and getting Bitcoin or Ethereum.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. TrueUSD (TUSD) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find TrueUSD (TUSD) As soon as your deposit has been approved, you'll instantly have access to your finances and you can begin invest and trading. To invest in TrueUSD (TUSD) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate TrueUSD (TUSD), you will need to insert the cointype (TUSD) into the search-box, which is marked in the graphic. Make sure you have choosen the right grouping, we've marked this also. Click on “TUSD/BTC” to proceed.
Step 4 – Purchasing TrueUSD (TUSD) After you've discovered TrueUSD (TUSD), you will be presented with 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 ”Price” field will be filled with the most latest tariff TrueUSD (TUSD) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of TUSD you want to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the complete volumen of TUSD. If you are happy, click on “Buy TUSD”. Your order will be filled as soon as a Vendor sells their TUSD for the price you introduced.
Step 5 – Withdraw TrueUSD (TUSD) Unless you are frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer period of time. To take off your TrueUSD (TUSD), go to the tab called “Funds” and mouse click on “Withdraw”. TrueUSD (TUSD) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find TrueUSD (TUSD) by using the given drop-down box. Drop in the volumen of TrueUSD (TUSD) you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you are happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.
Congrats! You have successfully bought and safed TrueUSD (TUSD).That's it! Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (TUSD) TrueUSD is safe inside your wallet, you are all done.
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