How to Buy Counterparty (XCP)

A Step-by-Step-Guide on how to buy Counterparty (XCP)

Step 1 – Join Coinbase and receive 10$ in Bitcoin

You'll first need to buy one of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and to get Bitcoin (BTC) or Ethereum (ETH).

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Counterparty (XCP) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you've selected the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find Counterparty (XCP)

Once your deposit has been verified, you will now have access to your funds and you can start invest and trading. To buy (XCP) Counterparty on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

To discover (XCP) Counterparty, you will need to insert the cointype (XCP) into the search-box, which is highlighted in the image. Make sure you have selected the correct grouping, we've highlighted this too. Click on “XCP/BTC” to continue.

Binance How To Buy 1 Counterparty (XCP)
Step 4 – Purchasing Counterparty (XCP)

Once you've discovered (XCP) Counterparty, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are going to make our own Limit Order.

The “Price” field will be filled with the latest valuation (XCP) Counterparty was traded for. This can be changed to your preferred rate. The “Amount” field is the volumen of XCP you like to purchase. The “Total” field is the whole price in Bitcoin that you will settle for the whole amount of XCP.

If you're glad, make a mouse click on “Buy XCP”. Your order will be filled as soon as a Vendor trades their XCP for the price you submitted.

Step 5 – Withdraw (XCP) Counterparty

Unless you're frequently trading, you should never keepyour coins on an Exchange for an extended time frame. To withdraw your (XCP) Counterparty, go to the tab called “Funds” and click on “Withdraw”. Counterparty (XCP) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Counterparty (XCP) by using the provided drop-down box. Enter the quantity of Counterparty (XCP) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address.

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

Kudos! You have successfully bought and safed (XCP) Counterparty.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on network usage). Once you have proved your take off with Etherscan.io or Ethplorer.io and the (XCP) Counterparty is stored inside your wallet, you are finished.