How to Buy PRASM (PSM)

A Step-by-Step-Guide on how to buy PRASM (PSM)

Step 1 – Join Coinbase and receive 10$ in Bitcoin

You will first need to buy units of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and getting Ethereum (ETH) or Bitcoin (BTC).

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. PRASM (PSM) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide)

Make sure you've selected the exact coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).

Step 3 – Locate (PSM) PRASM

Once your deposit has been affirmed, you'll immediately have access to your assets and you can launch invest and trading. To purchase (PSM) PRASM on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”.

To find (PSM) PRASM, you will need to insert the shortname of the coin (PSM) into the search-box, which is marked in the graphic. Make sure you have choosen the proper pairing, we have marked this also. Click on “PSM/BTC” to go ahead.

Binance How To Buy 1 PRASM (PSM)
Step 4 – Buy (PSM) PRASM

As soon as you have spotted (PSM) PRASM, you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are going to make our own Limit Order.

The “Price” field will be filled automatically with the most recent valuation PRASM (PSM) was traded for. You can change this to your desired rate. The “Amount” field is the amount of PSM you want to buy. The “Total” field is the total price in BTC that you'll settle for the complete volumen of PSM.

If you are glad, click on “Buy PSM”. Your order will be filled when a Vendor trades their PSM for the price you offered.

Step 5 – Withdraw (PSM) PRASM

Unless you're trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended time period. To take off your PRASM (PSM), hover over the tab called “Funds” and mouse click on “Withdraw”. (PSM) PRASM can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find PRASM (PSM) by using the provided drop-down box. Drop in the volumen of PRASM (PSM) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address.

If you are satisfied, click “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.

Congratulations! You've successfully bought and stored PRASM (PSM).

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you have proved your withdrawal with Etherscan.io or Ethplorer.io and the PRASM (PSM) is stored within your wallet, you are finished.