A Step-by-Step-Guide on how to buy Potcoin (POT)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and receive your first 10$.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Potcoin (POT) is available 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've selected the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find (POT) Potcoin As soon as your deposit has been approved, you will immediately have access to your finances and you can commence buying and trading. To invest in Potcoin (POT) on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”. In order to locate Potcoin (POT), you will need to put the short name of the asset (POT) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we have marked this also. Click on “POT/BTC” to progress.
Step 4 – Acquisition of Potcoin (POT) As soon as you have spotted Potcoin (POT), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). And now we're creating our Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation Potcoin (POT) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of POT you like to purchase. The “Total” field is the total price in Bitcoin that you'll pay for the whole volumen of POT. If you are happy, make a mouse click on “Buy POT”. Your order will be filled as soon as a Seller sells their POT for the price you introduced.
Step 5 – Withdraw Potcoin (POT) Unless you are regularly trading, never keep your crypto coins on an Exchange for an longer period of time. In order to take off your Potcoin (POT), go to the “Funds” tab and click on “Withdraw”. Potcoin (POT) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Potcoin (POT) by using the provided drop-down box. Drop in the amount of (POT) Potcoin you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you are satisfied, click on “Submit”. You may be asked for email/phone verification before a take off.