A Step-by-Step-Guide on how to buy P2P Coin (P2P)
Step 1 – Join Coinbase and receive 10$ in Bitcoin You will first need to purchase one of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and getting Ethereum or Bitcoin.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. P2P Coin (P2P) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an 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 ETH deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find (P2P) P2P Coin As soon as your deposit has been affirmed, you'll instantly have access to your finances and you can begin buying and trading. To buy P2P Coin (P2P) on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”. In order to locate P2P Coin (P2P), you'll need to insert the cointype (P2P) into the search-box, which is marked in the picture. Be certain of having selected the right pairing, we have marked this too. Click on “P2P/BTC” to go on.
Step 4 – Buying P2P Coin (P2P) As soon as you have found P2P Coin (P2P), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to make our Limit Order. The “Price” field will be filled with the recent price (P2P) P2P Coin was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of P2P you want to purchase. The “Total” field is the aggregated price in Bitcoin that you'll pay for the whole volumen of P2P. If you're glad, make a mouse click on “Buy P2P”. Your order will be filled as soon as a Vender trades their P2P for the price you introduced.
Step 5 – Withdraw (P2P) P2P Coin Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an longer time period. To take off your (P2P) P2P Coin, hover over the tab called “Funds” and mouse click on “Withdraw”. (P2P) P2P Coin can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (P2P) P2P Coin by using the given drop-down box. Enter the amount of (P2P) P2P Coin you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you are glad, click “Submit”. You could be requested for phone/email verification ahead of a take off.