A Step-by-Step-Guide on how to buy Uniswap (UNI)
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and receive ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Uniswap (UNI) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Uniswap (UNI) Once your deposit has been affirmed, you will now have access to your funds and you can begin invest and trading. To invest in Uniswap (UNI) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to spot Uniswap (UNI), you will need to put the cointype (UNI) into the search-box, which is marked in the image. Be certain of having choosen the proper pairing, we've marked this also. Click on “UNI/BTC” to progress.
Step 4 – Acquisition of Uniswap (UNI) After you've located Uniswap (UNI), you will be given 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 up-to-date valuation Uniswap (UNI) was traded for. You can change this to your desired rate. The ”Amount” field is the quantity of UNI you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete quantity of UNI. When you are satisfied, click on “Buy UNI”. Your order will be filled as soon as a Vendor trades their UNI for the price you introduced.
Step 5 – Withdraw Uniswap (UNI) Unless you are regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer time period. To take off your Uniswap (UNI), hover over the tab called “Funds” and mouse click on “Withdraw”. Uniswap (UNI) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Uniswap (UNI) by using the provided drop-down box. Drop in the quantity of Uniswap (UNI) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you are happy, click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.
Congratulations! You've successfully purchased and stored Uniswap (UNI).That's it! Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (UNI) Uniswap is safe within your wallet, you are finished.
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