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 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Waves (WAVES) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate Waves (WAVES) Once your deposit has been verified, you will now have access to your finances and you can begin purchasing and trading. To invest in Waves (WAVES) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to discover Waves (WAVES), you'll need to insert the short name of the asset (WAVES) into the search box, which is marked in the image. Be certain of having choosen the right pairing, we have highlighted this also. Click on “WAVES/BTC” to go on.
Step 4 – Acquisition of Waves (WAVES) Once you've discovered Waves (WAVES), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent valuation Waves (WAVES) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of WAVES you want to purchase. The ”Total” field is the whole price in Bitcoin that you will pay for the whole quantity of WAVES. When you are happy, make a mouse click on “Buy WAVES”. Your plan will be filled as soon as a Vender trades their WAVES for the price you offered.
Step 5 – Withdraw Waves (WAVES) Unless you are frequently trading, best advise is not to keep your crypto coins on an Exchange for an extensive time period. In order to take off your Waves (WAVES), hover over the tab called “Funds” and 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 volumen of Waves (WAVES) you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, click “Submit”. You could be asked for verfication via email/phone ahead of a take off.