How to Buy PetroDollar (XPD)

A Step-by-Step-Guide on how to buy PetroDollar (XPD)

Step 1 – Join eToro

In the beginning you'll need to purchase units of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and receive yETH (Ethereum) or BTC (Bitcoin).

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. PetroDollar (XPD) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to)

Make sure you have selected the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate (XPD) PetroDollar

As soon as your deposit has been approved, you'll now have access to your funds and you can begin buying and trading. To buy PetroDollar (XPD) on Binance, you'll want to go to the “Exchange” tab and click on “Basic”.

To find PetroDollar (XPD), you'll need to put the shortname of the coin (XPD) into the search box, which is highlighted in the image. Be certain of having selected the correct pairing, we've highlighted this also. Click on “XPD/BTC” to go ahead.

Binance How To Buy 1 PetroDollar (XPD)
Step 4 – Acquisition of PetroDollar (XPD)

Once you have found (XPD) PetroDollar, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest rate (XPD) PetroDollar was sold for. You can change this to your preferred rate. The “Amount” field is the amount of XPD you want to buy. The “Total” field is the total price in BTC that you will pay for the complete quantity of XPD.

When you're happy, click on “Buy XPD”. Your plan will be filled when a Vender trades their XPD for the price you offered.

Step 5 – Withdraw (XPD) PetroDollar

Unless you are regularly trading, best advise is not to keep crypto on an Exchange for an extended time frame. To take off your PetroDollar (XPD), hover over the tab called “Funds” and click on “Withdraw”. PetroDollar (XPD) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XPD) PetroDollar by using the given drop-down box. Put into the volumen of (XPD) PetroDollar you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address.

If you are happy, click “Submit”. You could be requested for phone/email verification ahead of a take off.

Congrats! You have successfully purchased and safed (XPD) PetroDollar.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the PetroDollar (XPD) is safe within your wallet, you are done.