A Step-by-Step-Guide on how to buy XYO Network (XYO)
Step 1 – Signup to Kraken You will first need to purchase units of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Funds to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. XYO Network (XYO) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've selected the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Find XYO Network (XYO) Once your deposit has been affirmed, you will instantly have access to your assets and you can begin purchasing and trading. To buy XYO Network (XYO) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to discover XYO Network (XYO), you will need to insert the shortname of the coin (XYO) into the search box, which is marked in the picture. Make sure you have selected the right pairing, we have highlighted this also. Click on “XYO/BTC” to progress.
Step 4 – Purchase XYO Network (XYO) As soon as you have spotted XYO Network (XYO), you will 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're creating our own Limit Order. The ”Price” field will be automatically filled with the most recent rate XYO Network (XYO) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of XYO you want to buy. The ”Total” field is the total price in Bitcoin that you'll settle for the complete volumen of XYO. If you're happy, click on “Buy XYO”. Your plan will be filled when a Vender sells their XYO for the price you gave.
Step 5 – Withdraw XYO Network (XYO) Unless you are regularly trading, best advise is not to keep coins on an Exchange for an longer time period. To withdraw your XYO Network (XYO), go to the tab called “Funds” and mouse click on “Withdraw”. XYO Network (XYO) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find XYO Network (XYO) by using the provided drop-down box. Enter the amount of XYO Network (XYO) you would like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. If you're satisfied, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.