A Step-by-Step-Guide on how to buy Cryptopay (CPAY)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below for registration and getting your welcome $10.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Cryptopay (CPAY) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate Cryptopay (CPAY) Once your deposit has been approved, you'll directly have access to your finances and you can initiate invest and trading. To invest in (CPAY) Cryptopay on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To discover Cryptopay (CPAY), you will need to insert the cointype (CPAY) into the search-box, which is marked in the image. Make sure you have choosen the proper pairing, we've marked this too. Click on “CPAY/BTC” to continue.
Step 4 – Buying (CPAY) Cryptopay Once you've located Cryptopay (CPAY), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're making our Limit Order. The “Price” field will be automatically filled with the most up-to-date rate (CPAY) Cryptopay was sold for. This can be changed to your preferred price. The “Amount” field is the quantity of CPAY you want to purchase. The “Total” field is the aggregated price in Bitcoin that you'll settle for the whole quantity of CPAY. If you are happy, click on “Buy CPAY”. Your plan will be filled when a Vendor trades their CPAY for the price you gave.
Step 5 – Withdraw (CPAY) Cryptopay Unless you're trading, best advise is not to keep your crypto coins on an Exchange for an longer period of time. In order to withdraw your Cryptopay (CPAY), go to the “Funds” tab and mouse click on “Withdraw”. Cryptopay (CPAY) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Cryptopay (CPAY) by using the provided drop-down box. Put into the volumen of Cryptopay (CPAY) you'd like to take off. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you're satisfied, click “Submit”. You may be requested for phone/email verification before a withdrawal.