How to Buy Torex (TOR)

A Step-by-Step-Guide on how to buy Torex (TOR)

Step 1 – Signup to eToro

You will first need to purchase one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and getting yBitcoin (BTC) or Ethereum (ETH).

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Torex (TOR) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide)

Make sure you've selected the correct coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate (TOR) Torex

Once your deposit has been affirmed, you'll now have access to your funds and you can initiate buying and trading. To buy Torex (TOR) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To discover Torex (TOR), you'll need to insert the short name of the asset (TOR) into the search-box, which is highlighted in the graphic. Make sure you have selected the right grouping, we've highlighted this also. Click on “TOR/BTC” to progress.

How to buy Coin on Binance 1 Torex (TOR)
Step 4 – Buy (TOR) Torex

After you've discovered (TOR) Torex, you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we're making our Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date price (TOR) Torex was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of TOR you wish to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole volumen of TOR.

If you are glad, make a mouse click on “Buy TOR”. Your plan will be filled when a Vender sells their TOR for the price you offered.

Step 5 – Withdraw Torex (TOR)

Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Trader for an extended time frame. To withdraw your Torex (TOR), go to the tab called “Funds” and click on “Withdraw”. (TOR) Torex can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Torex (TOR) by using the given drop-down box. Put into the amount of Torex (TOR) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

When you are glad, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.

Congrats! You've successfully bought and safed (TOR) Torex.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your take off with Etherscan.io or Ethplorer.io and the (TOR) Torex is stored in your wallet, you're finished.