How to Buy Cloakcoin (CLOAK)

A Step-by-Step-Guide on how to buy Cloakcoin (CLOAK)

Step 1 – Signup to Coinbase and recieve 10$ for free

In the beginning you'll need to buy units of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and to get your first $10.

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Cloakcoin (CLOAK) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual)

Make sure you've chosen the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Find (CLOAK) Cloakcoin

As soon as your deposit has been verified, you'll immediately have access to your assets and you can start invest and trading. To purchase Cloakcoin (CLOAK) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

To spot Cloakcoin (CLOAK), you'll need to put the short name of the asset (CLOAK) into the search box, which is marked in the image. Make sure you have selected the right grouping, we have highlighted this too. Click on “CLOAK/BTC” to proceed.

How to buy Coin on Binance 1 Cloakcoin (CLOAK)
Step 4 – Purchase (CLOAK) Cloakcoin

As soon as you've located (CLOAK) Cloakcoin, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are making our Limit Order.

The field with the “Price” tag will be filled with the most latest price Cloakcoin (CLOAK) was sold for. You can change this to your favoured rate. The “Amount” field is the quantity of CLOAK you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole quantity of CLOAK.

If you're happy, click on “Buy CLOAK”. Your plan will be filled as soon as a Seller trades their CLOAK for the price you gave.

Step 5 – Withdraw Cloakcoin (CLOAK)

Unless you are trading, best advise is not to keep coins on an Crypto Exchange for an longer period of time. In order to take off your (CLOAK) Cloakcoin, hover over the “Funds” tab and mouse click on “Withdraw”. (CLOAK) Cloakcoin can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (CLOAK) Cloakcoin by using the given drop-down box. Drop in the volumen of Cloakcoin (CLOAK) you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address.

If you are happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.

Kudos! You've successfully purchased and stored (CLOAK) Cloakcoin.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you've proved your take off with Ethplorer.io or Etherscan.io and the Cloakcoin (CLOAK) is safe in your wallet, you are finished.