A Step-by-Step-Guide on how to buy ExchangeN (EXN) in Anguilla
Step 1 – Join Coinmama In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and to get your Bitcoin or Ethereum.
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. ExchangeN (EXN) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find ExchangeN (EXN) Once your deposit has been affirmed, you'll directly have access to your finances and you can initiate purchasing and trading. To purchase ExchangeN (EXN) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To spot ExchangeN (EXN), you will need to insert the shortname of the coin (EXN) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we've marked this too. Click on “EXN/BTC” to advance.
Step 4 – Buying ExchangeN (EXN) After you've located ExchangeN (EXN), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date price ExchangeN (EXN) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of EXN you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete volumen of EXN. If you're happy, make a mouse click on “Buy EXN”. Your order will be filled when a Vender sells their EXN for the price you introduced.
Step 5 – Withdraw ExchangeN (EXN) Unless you're frequently trading, you should never keepyour coins on an Crypto Exchange for an extensive time period. In order to take off your ExchangeN (EXN), go to the tab called “Funds” and mouse click on “Withdraw”. ExchangeN (EXN) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find ExchangeN (EXN) by using the provided drop-down box. Enter the volumen of ExchangeN (EXN) you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you're satisfied, click on “Submit”. You may be asked for email/phone verification ahead of a take off.
Kudos! You've successfully bought and safed ExchangeN (EXN) in Anguilla.That's it! Take offs from Crypto Trader can durate between 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the ExchangeN (EXN) is stored within your wallet, you are finished.
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