A Step-by-Step-Guide on how to buy
Step 1 – Signup to Coinmama In the beginning you'll need to buy one of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and to get your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. () is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find () Once your deposit has been confirmed, you'll immediately have access to your finances and you can launch invest and trading. To purchase () on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To locate (), you will need to insert the shortname of the coin () into the search box, which is highlighted in the image. Make sure you have choosen the correct grouping, we have marked this also. Click on “/BTC” to proceed.
Step 4 – Purchase () After you've found (), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're going to create our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date price () was sold for. This can be changed to your desired rate. The ”Amount” field is the quantity of you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole volumen of . If you're glad, make a mouse click on “Buy ”. Your plan will be filled as soon as a Vendor trades their for the price you submitted.
Step 5 – Withdraw () Unless you are regularly trading, never keep your crypto on an Cryptocurrency Exchange for an longer period of time. In order to take off your (), hover over the ”Funds” tab and click on “Withdraw”. () can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate () by using the provided drop-down box. Enter the quantity of () you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you are glad, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.
Kudos! You have successfully bought and stored .That's it! Withdrawals from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the () is safe in your wallet, you are all done.
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