How to Buy Hydro Protocol (HOT)

A Step-by-Step-Guide on how to buy Hydro Protocol (HOT)

Step 1 – Join Coinbase and get 10$ for free

You will first need to buy units of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below to register and getting your first $10.

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Hydro Protocol (HOT) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

Make sure you have chosen the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find (HOT) Hydro Protocol

As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can commence invest and trading. To buy (HOT) Hydro Protocol on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To spot Hydro Protocol (HOT), you'll need to insert the cointype (HOT) into the search box, which is highlighted in the graphic. Be certain of having choosen the right grouping, we have highlighted this too. Click on “HOT/BTC” to advance.

Binance How To Buy 1 Hydro Protocol (HOT)
Step 4 – Purchase (HOT) Hydro Protocol

After you've spotted Hydro Protocol (HOT), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we are going to create our Limit Order.

The field with the “Price” tag will be filled with the most recent rate (HOT) Hydro Protocol was traded for. This can be changed to your preferred rate. The “Amount” field is the amount of HOT you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete volumen of HOT.

When you're satisfied, click on “Buy HOT”. Your plan will be filled when a Seller sells their HOT for the price you offered.

Step 5 – Withdraw (HOT) Hydro Protocol

Unless you're frequently trading, never keep your coins on an Cryptocurrency Exchange for an extensive time frame. In order to take off your (HOT) Hydro Protocol, hover over the tab called “Funds” and click on “Withdraw”. (HOT) Hydro Protocol can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (HOT) Hydro Protocol by using the given drop-down box. Put into the volumen of (HOT) Hydro Protocol you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address.

When you are happy, click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Congratulations! You've successfully bought and stored (HOT) Hydro Protocol.

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the Hydro Protocol (HOT) is safe in your wallet, you are finished.