A Step-by-Step-Guide on how to buy Privacy (PRV)
Step 1 – Join Coinbase and receive 10$ in Bitcoin You'll first need to buy units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Privacy (PRV) 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 would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate Privacy (PRV) Once your deposit has been verified, you will immediately have access to your funds and you can initiate invest and trading. To buy Privacy (PRV) on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”. To discover Privacy (PRV), you'll need to insert the shortname of the coin (PRV) into the search box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we have marked this also. Click on “PRV/BTC” to advance.
Step 4 – Acquisition of Privacy (PRV) After you've found (PRV) Privacy, you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate (PRV) Privacy was traded for. You can change this to your preferred rate. The “Amount” field is the quantity of PRV you wish to buy. The “Total” field is the aggregated price in BTC that you'll pay for the whole volumen of PRV. When you are glad, make a mouse click on “Buy PRV”. Your plan will be filled as soon as a Seller trades their PRV for the price you submitted.
Step 5 – Withdraw Privacy (PRV) Unless you're regularly trading, best advise is not to keep your crypto coins on an Exchange for an extensive time period. To withdraw your (PRV) Privacy, go to the “Funds” tab and click on “Withdraw”. (PRV) Privacy can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Privacy (PRV) by using the given drop-down box. Put into the volumen of (PRV) Privacy you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you're glad, click “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.