A Step-by-Step-Guide on how to buy Wisdom Chain (WDC)
Step 1 – Signup to Kraken You will first need to purchase one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and to get Funds.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Wisdom Chain (WDC) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've selected the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate Wisdom Chain (WDC) As soon as your deposit has been confirmed, you'll now have access to your assets and you can start buying and trading. To purchase Wisdom Chain (WDC) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. To locate Wisdom Chain (WDC), you'll need to put the short name of the asset (WDC) into the search box, which is marked in the image. Be certain of having choosen the right pairing, we've highlighted this too. Click on “WDC/BTC” to proceed.
Step 4 – Acquisition of Wisdom Chain (WDC) After you've located Wisdom Chain (WDC), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff Wisdom Chain (WDC) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of WDC you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole volumen of WDC. When you are satisfied, click on “Buy WDC”. Your plan will be filled when a Vender sells their WDC for the price you introduced.
Step 5 – Withdraw Wisdom Chain (WDC) Unless you are regularly trading, best advise is not to keep your coins on an Crypto Trader for an longer time frame. In order to take off your Wisdom Chain (WDC), hover over the ”Funds” tab and click on “Withdraw”. Wisdom Chain (WDC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Wisdom Chain (WDC) by using the provided drop-down box. Drop in the volumen of Wisdom Chain (WDC) you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. When you are satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.