How to Buy Hydro Protocol (HOT) in Australia

A Step-by-Step-Guide on how to buy Hydro Protocol (HOT) in Australia

Step 1 – Join Coinmama

You will first need to buy one of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and to get your Ethereum or Bitcoin.

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

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Hydro Protocol (HOT) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide)

Make sure you have selected the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate {Hydro Protocol (HOT)|(HOT) Hydro Protocol}

As soon as your deposit has been verified, you will now have access to your finances and you can launch purchasing and trading. To invest in {Hydro Protocol (HOT)|(HOT) Hydro Protocol} on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to spot {Hydro Protocol (HOT)|(HOT) Hydro Protocol}, you will need to put the cointype (HOT) into the search-box, which is marked in the picture. Make sure you have choosen the right pairing, we've marked this too. Click on “HOT/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Hydro Protocol (HOT)
Step 4 – Purchase {Hydro Protocol (HOT)|(HOT) Hydro Protocol}

As soon as you have located {Hydro Protocol (HOT)|(HOT) Hydro Protocol}, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're making our own Limit Order.

The ”Price” field will be filled automatically with the most recent price {Hydro Protocol (HOT)|(HOT) Hydro Protocol} was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of HOT you like to purchase. The ”Total” field is the total price in BTC that you'll pay for the whole volumen of HOT.

If you are satisfied, make a mouse click on “Buy HOT”. Your plan will be filled as soon as a Seller sells their HOT for the price you introduced.

Step 5 – Withdraw {Hydro Protocol (HOT)|(HOT) Hydro Protocol}

Unless you're trading, best advise is not to keep your coins on an Crypto Trader for an extended time period. In order to take off your {Hydro Protocol (HOT)|(HOT) Hydro Protocol}, hover over the ”Funds” tab and mouse click on “Withdraw”. {Hydro Protocol (HOT)|(HOT) Hydro Protocol} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Hydro Protocol (HOT)|(HOT) Hydro Protocol} by using the given drop-down box. Enter the amount of {Hydro Protocol (HOT)|(HOT) Hydro Protocol} you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

If you're happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.

Congratulations! You've successfully bought and safed Hydro Protocol (HOT) in Australia.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the {Hydro Protocol (HOT)|(HOT) Hydro Protocol} is stored inside your wallet, you are all done.

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