A Step-by-Step-Guide on how to buy Ubiq (UBQ)
Step 1 – Signup to Kraken You'll first need to purchase units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Ubiq (UBQ) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC 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 divergent (Follow our guide).
Step 3 – Locate Ubiq (UBQ) As soon as your deposit has been verified, you will now have access to your finances and you can initiate buying and trading. To purchase Ubiq (UBQ) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To spot Ubiq (UBQ), you will need to insert the shortname of the coin (UBQ) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right pairing, we have highlighted this also. Click on “UBQ/BTC” to advance.
Step 4 – Buy Ubiq (UBQ) Once you've discovered Ubiq (UBQ), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date rate Ubiq (UBQ) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of UBQ you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole amount of UBQ. When you're satisfied, click on “Buy UBQ”. Your order will be filled as soon as a Seller sells their UBQ for the price you submitted.
Step 5 – Withdraw Ubiq (UBQ) Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended time frame. In order to take off your Ubiq (UBQ), hover over the tab called “Funds” and click on “Withdraw”. Ubiq (UBQ) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ubiq (UBQ) by using the provided drop-down box. Drop in the quantity of Ubiq (UBQ) you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. When you're glad, click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.