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 Funds to an Cryptocurrency 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 available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you have selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate Waves (WAVES) Once your deposit has been confirmed, you'll immediately have access to your finances and you can start invest and trading. To purchase Waves (WAVES) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. To find Waves (WAVES), you'll need to insert the cointype (WAVES) into the search box, which is marked in the image. Make sure you have selected the correct pairing, we've marked this too. Click on “WAVES/BTC” to progress.
Step 4 – Buy Waves (WAVES) After you have discovered Waves (WAVES), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the recent price Waves (WAVES) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of WAVES you want to buy. The ”Total” field is the whole price in BTC that you will pay for the complete amount of WAVES. If you are happy, make a mouse click on “Buy WAVES”. Your plan will be filled when a Vendor trades their WAVES for the price you offered.
Step 5 – Withdraw Waves (WAVES) Unless you are regularly trading, you should never keepyour crypto coins on an Exchange for an longer time period. To take off your Waves (WAVES), hover over the ”Funds” tab and mouse click on “Withdraw”. Waves (WAVES) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Waves (WAVES) by using the provided drop-down box. Enter the quantity of Waves (WAVES) you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.