A Step-by-Step-Guide on how to buy Dropil (DROP)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to purchase units of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and receive your welcome 10$.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Dropil (DROP) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find (DROP) Dropil As soon as your deposit has been confirmed, you will now have access to your assets and you can begin purchasing and trading. To purchase (DROP) Dropil on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To find Dropil (DROP), you will need to insert the cointype (DROP) into the search box, which is marked in the graphic. Make sure you have choosen the right pairing, we've marked this also. Click on “DROP/BTC” to continue.
Step 4 – Purchase (DROP) Dropil After you've located (DROP) Dropil, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the recent valuation Dropil (DROP) was sold for. You can change this to your desired price. The field with the “Amount” tag is the quantity of DROP you like to buy. The “Total” field is the aggregated price in BTC that you will pay for the complete volumen of DROP. If you are satisfied, make a mouse click on “Buy DROP”. Your order will be filled when a Seller trades their DROP for the price you offered.
Step 5 – Withdraw Dropil (DROP) Unless you are frequently trading, never keep your coins on an Exchange for an extended time period. To withdraw your Dropil (DROP), hover over the “Funds” tab and click on “Withdraw”. (DROP) Dropil can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Dropil (DROP) by using the given drop-down box. Enter the volumen of (DROP) Dropil you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, click “Submit”. You may be requested for phone/email verification before a withdrawal.