A Step-by-Step-Guide on how to buy Novacoin (NVC)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin In the beginning you'll need to purchase units of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Novacoin (NVC) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you've chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find Novacoin (NVC) As soon as your deposit has been confirmed, you'll directly have access to your funds and you can initiate invest and trading. To invest in (NVC) Novacoin on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”. In order to discover (NVC) Novacoin, you'll need to insert the short name of the asset (NVC) into the search-box, which is marked in the graphic. Be certain of having choosen the proper grouping, we've highlighted this also. Click on “NVC/BTC” to go on.
Step 4 – Buying Novacoin (NVC) Once you've spotted (NVC) Novacoin, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're going to create our own Limit Order. The “Price” field will be automatically filled with the most recent valuation Novacoin (NVC) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of NVC you want to purchase. The “Total” field is the aggregated price in BTC that you'll settle for the complete volumen of NVC. When you are happy, click on “Buy NVC”. Your order will be filled as soon as a Vendor trades their NVC for the price you gave.
Step 5 – Withdraw (NVC) Novacoin Unless you're regularly trading, never keep your crypto on an Cryptocurrency Exchange for an extensive time frame. In order to take off your Novacoin (NVC), hover over the “Funds” tab and mouse click on “Withdraw”. (NVC) Novacoin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (NVC) Novacoin by using the given drop-down box. Enter the volumen of (NVC) Novacoin you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you are glad, click “Submit”. You may be asked for email/phone verification ahead of a take off.