How to Buy Papercoin (PAPER)

A Step-by-Step-Guide on how to buy Papercoin (PAPER)

Step 1 – Join Coinbase and receive 10$ in Bitcoin

In the beginning you'll need to purchase units of the top-tier currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and getting Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Papercoin (PAPER) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you've chosen the right coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find (PAPER) Papercoin

Once your deposit has been affirmed, you will immediately have access to your assets and you can launch buying and trading. To invest in (PAPER) Papercoin on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To spot Papercoin (PAPER), you'll need to put the shortname of the coin (PAPER) into the search-box, which is marked in the image. Be certain of having selected the correct pairing, we have marked this also. Click on “PAPER/BTC” to go ahead.

How to buy Coin on Binance 1 Papercoin (PAPER)
Step 4 – Buying (PAPER) Papercoin

Once you have discovered Papercoin (PAPER), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we're making our Limit Order.

The “Price” field will be filled automatically with the most recent rate (PAPER) Papercoin was traded for. This can be changed to your favoured price. The “Amount” field is the quantity of PAPER you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole volumen of PAPER.

If you are satisfied, click on “Buy PAPER”. Your plan will be filled when a Vender sells their PAPER for the price you submitted.

Step 5 – Withdraw Papercoin (PAPER)

Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an extended period of time. To withdraw your (PAPER) Papercoin, hover over the “Funds” tab and mouse click on “Withdraw”. (PAPER) Papercoin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (PAPER) Papercoin by using the given drop-down box. Drop in the volumen of Papercoin (PAPER) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address.

When you're happy, click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.

Kudos! You have successfully purchased and safed Papercoin (PAPER).

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (rely on network usage). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the (PAPER) Papercoin is stored inside your wallet, you're all done.