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 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. XYO Network (XYO) 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 Crypto Exchange? (Follow this guide) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate XYO Network (XYO) Once your deposit has been approved, you'll instantly have access to your finances and you can commence buying and trading. To buy XYO Network (XYO) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To locate XYO Network (XYO), you'll need to put the cointype (XYO) into the search box, which is marked in the graphic. Make sure you have choosen the right grouping, we've highlighted this too. Click on “XYO/BTC” to advance.
Step 4 – Purchasing XYO Network (XYO) As soon as you've discovered XYO Network (XYO), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are making our own Limit Order. The field with the “Price” tag will be filled with the most recent price XYO Network (XYO) was sold for. This can be changed to your preferred price. The ”Amount” field is the quantity of XYO you wish to buy. The ”Total” field is the whole price in BTC that you will pay for the whole quantity of XYO. If you are satisfied, make a mouse click on “Buy XYO”. Your order will be filled when a Vender sells their XYO for the price you introduced.
Step 5 – Withdraw XYO Network (XYO) Unless you're regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your XYO Network (XYO), go to the tab called “Funds” and click on “Withdraw”. XYO Network (XYO) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate XYO Network (XYO) by using the given drop-down box. Drop in the amount of XYO Network (XYO) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you're satisfied, click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.
Congrats! You've successfully bought and stored XYO Network (XYO).That's it! Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the (XYO) XYO Network is stored in your wallet, you're done.
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