A Step-by-Step-Guide on how to buy ()
Step 1 – Signup to eToro In the beginning you'll need to purchase one of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and receive yETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. () is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Find () As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can initiate buying and trading. To buy () on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. In order to locate (), you'll need to put the short name of the asset () into the search box, which is marked in the graphic. Be certain of having selected the correct pairing, we've marked this also. Click on “/BTC” to go ahead.
Step 4 – Buying () After you've located () , you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're going to create our Limit Order. The “Price” field will be filled automatically with the most latest valuation () was traded for. This can be changed to your desired rate. The “Amount” field is the quantity of you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole amount of . When you are glad, make a mouse click on “Buy “. Your order will be filled when a Vendor trades their for the price you offered.
Step 5 – Withdraw () Unless you are trading, best advise is not to keep coins on an Exchange for an extensive period of time. In order to take off your (), go to the “Funds” tab and mouse click on “Withdraw”. () can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate () by using the provided drop-down box. Enter the quantity of () you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. If you're satisfied, click “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.