How to Buy Hempcoin (THC) in Australia

A Step-by-Step-Guide on how to buy Hempcoin (THC) in Australia

Step 1 – Signup to Coinmama

You will first need to purchase one of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and getting your Ethereum or Bitcoin.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Hempcoin (THC) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

Make sure you've chosen the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate {Hempcoin (THC)|(THC) Hempcoin}

As soon as your deposit has been affirmed, you will immediately have access to your finances and you can commence invest and trading. To invest in {Hempcoin (THC)|(THC) Hempcoin} on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To find {Hempcoin (THC)|(THC) Hempcoin}, you will need to put the short name of the asset (THC) into the search box, which is marked in the image. Be certain of having choosen the proper pairing, we've marked this also. Click on “THC/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Hempcoin (THC)
Step 4 – Purchase {Hempcoin (THC)|(THC) Hempcoin}

After you've spotted {Hempcoin (THC)|(THC) Hempcoin}, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are creating our Limit Order.

The field with the “Price” tag will be filled with the up-to-date valuation {Hempcoin (THC)|(THC) Hempcoin} was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of THC you like to buy. The ”Total” field is the total price in BTC that you will settle for the complete volumen of THC.

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

Step 5 – Withdraw {Hempcoin (THC)|(THC) Hempcoin}

Unless you are trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive period of time. In order to take off your {Hempcoin (THC)|(THC) Hempcoin}, hover over the tab called “Funds” and click on “Withdraw”. {Hempcoin (THC)|(THC) Hempcoin} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Hempcoin (THC)|(THC) Hempcoin} by using the provided drop-down box. Put into the volumen of {Hempcoin (THC)|(THC) Hempcoin} you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

If you are glad, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.

Congrats! You have successfully purchased and safed Hempcoin (THC) in Australia.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the {Hempcoin (THC)|(THC) Hempcoin} is safe within your wallet, you are all done.

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