A Step-by-Step-Guide on how to buy DeFiPulse Index (DPI)
Step 1 – Join Coinbase and receive 10$ in Bitcoin In the beginning you'll need to buy units of the top-tier currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. DeFiPulse Index (DPI) 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 how-to) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find DeFiPulse Index (DPI) Once your deposit has been verified, you will instantly have access to your finances and you can initiate buying and trading. To invest in DeFiPulse Index (DPI) on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”. To locate DeFiPulse Index (DPI), you'll need to put the shortname of the coin (DPI) into the search box, which is marked in the picture. Be certain of having selected the right pairing, we have highlighted this too. Click on “DPI/BTC” to advance.
Step 4 – Purchase (DPI) DeFiPulse Index Once you've spotted (DPI) DeFiPulse Index, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to make our own Limit Order. The “Price” field will be filled with the most recent price DeFiPulse Index (DPI) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of DPI you wish to purchase. The “Total” field is the whole price in BTC that you will pay for the complete volumen of DPI. If you are satisfied, click on “Buy DPI”. Your order will be filled as soon as a Seller sells their DPI for the price you gave.
Step 5 – Withdraw DeFiPulse Index (DPI) Unless you're trading, best advise is not to keep your coins on an Exchange for an longer period of time. In order to take off your (DPI) DeFiPulse Index, go to the “Funds” tab and mouse click on “Withdraw”. DeFiPulse Index (DPI) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find DeFiPulse Index (DPI) by using the provided drop-down box. Enter the quantity of DeFiPulse Index (DPI) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you are glad, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.