A Step-by-Step-Guide on how to buy Bitcoin Candy (CDY)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin You'll first need to buy one of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Bitcoin Candy (CDY) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find Bitcoin Candy (CDY) As soon as your deposit has been confirmed, you will directly have access to your assets and you can launch buying and trading. To invest in Bitcoin Candy (CDY) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to find (CDY) Bitcoin Candy, you'll need to put the cointype (CDY) into the search box, which is highlighted in the picture. Make sure you have choosen the right pairing, we've highlighted this also. Click on “CDY/BTC” to progress.
Step 4 – Buying (CDY) Bitcoin Candy Once you have discovered (CDY) Bitcoin Candy, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we're going to make our own Limit Order. The “Price” field will be filled automatically with the up-to-date valuation (CDY) Bitcoin Candy was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of CDY you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole volumen of CDY. If you are satisfied, make a mouse click on “Buy CDY”. Your plan will be filled when a Vender sells their CDY for the price you gave.
Step 5 – Withdraw (CDY) Bitcoin Candy Unless you are regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended period of time. To take off your (CDY) Bitcoin Candy, hover over the “Funds” tab and mouse click on “Withdraw”. Bitcoin Candy (CDY) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Candy (CDY) by using the provided drop-down box. Enter the volumen of (CDY) Bitcoin Candy you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you are satisfied, click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.