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 Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Waves (WAVES) is accessible on Binance, so we're going to use that as an example. Not sure 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. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate Waves (WAVES) Once your deposit has been verified, you'll now have access to your assets and you can launch invest and trading. To buy Waves (WAVES) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. To discover Waves (WAVES), you will need to put the short name of the asset (WAVES) into the search-box, which is marked in the graphic. Make sure you have selected the correct grouping, we've marked this too. Click on “WAVES/BTC” to continue.
Step 4 – Purchasing Waves (WAVES) As soon as you've spotted Waves (WAVES), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). For now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date valuation Waves (WAVES) was sold for. This can be changed to your desired price. The ”Amount” field is the volumen of WAVES you want to buy. The ”Total” field is the whole price in BTC that you'll settle for the whole quantity of WAVES. When you're happy, make a mouse click on “Buy WAVES”. Your plan will be filled when a Seller sells their WAVES for the price you introduced.
Step 5 – Withdraw Waves (WAVES) Unless you are regularly trading, you should never keepyour coins on an Exchange for an longer time frame. To take off your Waves (WAVES), go to the ”Funds” tab and click on “Withdraw”. Waves (WAVES) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Waves (WAVES) by using the given drop-down box. Enter the amount of Waves (WAVES) you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address. When you are glad, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.
Congratulations! You have successfully purchased and stored Waves (WAVES).That's it! Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your take off using Ethplorer.io or Etherscan.io and the (WAVES) Waves is stored within your wallet, you are finished.
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