A Step-by-Step-Guide on how to buy Encocoin (XNK)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to purchase units of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and getting your first 10 Dollar.
Step 2 – Send Your Funds to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Encocoin (XNK) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate (XNK) Encocoin Once your deposit has been approved, you will immediately have access to your assets and you can begin buying and trading. To purchase (XNK) Encocoin on Binance, you'll want to go to the “Exchange” tab and click on “Basic”. In order to find (XNK) Encocoin, you will need to insert the shortname of the coin (XNK) into the search box, which is marked in the graphic. Make sure you have choosen the right pairing, we've highlighted this also. Click on “XNK/BTC” to go ahead.
Step 4 – Purchasing (XNK) Encocoin After you have found Encocoin (XNK), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we're going to make our Limit Order. The “Price” field will be filled with the most latest price (XNK) Encocoin was sold for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of XNK you like to buy. The field with the “Total” tag is the total price in BTC that you will pay for the whole quantity of XNK. If you are glad, make a mouse click on “Buy XNK”. Your order will be filled when a Vendor trades their XNK for the price you offered.
Step 5 – Withdraw Encocoin (XNK) Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an extensive period of time. To withdraw your Encocoin (XNK), hover over the “Funds” tab and mouse click on “Withdraw”. (XNK) Encocoin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Encocoin (XNK) by using the given drop-down box. Put into the quantity of (XNK) Encocoin you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a take off.