A Step-by-Step-Guide on how to buy ()
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and getting Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. () is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate () As soon as your deposit has been approved, you'll directly have access to your funds and you can initiate buying and trading. To purchase () on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to spot (), you'll need to put the cointype () into the search box, which is highlighted in the graphic. Make sure you have choosen the proper grouping, we have highlighted this also. Click on “/BTC” to go ahead.
Step 4 – Purchase () As soon as you've spotted (), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we are creating our own Limit Order. The ”Price” field will be filled automatically with the up-to-date price () was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of you want to buy. The ”Total” field is the whole price in Bitcoin that you will pay for the complete volumen of . If you are glad, make a mouse click on “Buy “. Your plan will be filled when a Vendor sells their for the price you gave.
Step 5 – Withdraw () Unless you are frequently trading, you should never keepyour crypto on an Crypto Exchange for an longer period of time. In order to withdraw your (), go to the ”Funds” tab and mouse click on “Withdraw”. () can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find () by using the provided drop-down box. Drop in the quantity of () you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.