A Step-by-Step-Guide on how to buy Waves (WAVES)
Step 1 – Join Kraken In the beginning you'll need to purchase one of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and to get Funds.
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Waves (WAVES) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you have selected the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Waves (WAVES) Once your deposit has been confirmed, you will immediately have access to your assets and you can begin invest and trading. To buy Waves (WAVES) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to discover Waves (WAVES), you'll need to put the shortname of the coin (WAVES) into the search box, which is highlighted in the image. Be certain of having choosen the right grouping, we've highlighted this also. Click on “WAVES/BTC” to advance.
Step 4 – Purchase Waves (WAVES) After you've located Waves (WAVES), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are creating our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation Waves (WAVES) was traded for. This can be changed to your desired rate. The ”Amount” field is the quantity of WAVES you like to purchase. The ”Total” field is the whole price in Bitcoin that you'll settle for the complete amount of WAVES. If you're happy, click on “Buy WAVES”. Your order will be filled when a Vendor trades their WAVES for the price you gave.
Step 5 – Withdraw Waves (WAVES) Unless you are frequently trading, never keep your coins on an Exchange for an extended time period. In order to take off your Waves (WAVES), go to the tab called “Funds” and mouse click on “Withdraw”. Waves (WAVES) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Waves (WAVES) by using the given drop-down box. Enter the amount of Waves (WAVES) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. If you're glad, make a mouse click on “Submit”. You could be requested for phone/email verification before a take off.