How to Buy Photon (PHO)

A Step-by-Step-Guide on how to buy Photon (PHO)

Step 1 – Signup to Coinbase and get 10$ for free

You will first need to buy units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and to get your welcome $10.

Binance Signup
Step 2 – Transmit Your Funds to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Photon (PHO) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide)

Make sure you have chosen the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find (PHO) Photon

Once your deposit has been verified, you will instantly have access to your funds and you can commence purchasing and trading. To invest in (PHO) Photon on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”.

To spot (PHO) Photon, you will need to put the short name of the asset (PHO) into the search box, which is marked in the picture. Be certain of having choosen the correct pairing, we have highlighted this also. Click on “PHO/BTC” to go on.

How to buy Coin on Binance 1 Photon (PHO)
Step 4 – Buy (PHO) Photon

After you have found Photon (PHO), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we are going to make our Limit Order.

The “Price” field will be filled automatically with the latest tariff Photon (PHO) was traded for. This can be changed to your desired rate. The “Amount” field is the amount of PHO you wish to purchase. The “Total” field is the total price in BTC that you'll settle for the whole amount of PHO.

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

Step 5 – Withdraw (PHO) Photon

Unless you are regularly trading, never keep your crypto coins on an Exchange for an extended time period. In order to take off your Photon (PHO), hover over the “Funds” tab and click on “Withdraw”. (PHO) Photon can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (PHO) Photon by using the given drop-down box. Drop in the quantity of (PHO) Photon you'd like to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address.

When you are glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a take off.

Congratulations! You have successfully bought and stored (PHO) Photon.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Photon (PHO) is safe inside your wallet, you are finished.