A Step-by-Step-Guide on how to buy Alpaca (ALPA)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin In the beginning you'll need to buy units of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and to get Ethereum or Bitcoin.
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Alpaca (ALPA) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate (ALPA) Alpaca Once your deposit has been confirmed, you will immediately have access to your assets and you can initiate invest and trading. To buy (ALPA) Alpaca on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to discover (ALPA) Alpaca, you'll need to put the shortname of the coin (ALPA) into the search-box, which is highlighted in the image. Be certain of having choosen the correct pairing, we've marked this too. Click on “ALPA/BTC” to continue.
Step 4 – Purchasing Alpaca (ALPA) Once you've located Alpaca (ALPA), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to make our own Limit Order. The “Price” field will be automatically filled with the most latest rate (ALPA) Alpaca was sold for. You can change this to your preferred rate. The “Amount” field is the amount of ALPA you wish to purchase. The “Total” field is the whole price in Bitcoin that you'll pay for the complete amount of ALPA. When you're happy, click on “Buy ALPA”. Your order will be filled as soon as a Vendor sells their ALPA for the price you gave.
Step 5 – Withdraw (ALPA) Alpaca Unless you are regularly trading, never keep your coins on an Crypto Exchange for an extensive period of time. To take off your (ALPA) Alpaca, go to the “Funds” tab and mouse click on “Withdraw”. Alpaca (ALPA) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (ALPA) Alpaca by using the provided drop-down box. Put into the quantity of (ALPA) Alpaca you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, click on “Submit”. You could be asked for verfication via email/phone before a take off.