How to Buy P2P Coin (P2P) in Austria

A Step-by-Step-Guide on how to buy P2P Coin (P2P) in Austria

Step 1 – Join Coinmama

In the beginning you'll need to buy units of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and to get your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. P2P Coin (P2P) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you have selected the right coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate {P2P Coin (P2P)|(P2P) P2P Coin}

Once your deposit has been confirmed, you'll now have access to your funds and you can commence purchasing and trading. To invest in {P2P Coin (P2P)|(P2P) P2P Coin} on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To find {P2P Coin (P2P)|(P2P) P2P Coin}, you'll need to insert the cointype (P2P) into the search box, which is highlighted in the image. Make sure you have choosen the right pairing, we have highlighted this also. Click on “P2P/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} P2P Coin (P2P)
Step 4 – Buying {P2P Coin (P2P)|(P2P) P2P Coin}

Once you have spotted {P2P Coin (P2P)|(P2P) P2P Coin}, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are making our Limit Order.

The ”Price” field will be filled automatically with the most latest valuation {P2P Coin (P2P)|(P2P) P2P Coin} was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of P2P you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete amount of P2P.

When you're glad, make a mouse click on “Buy P2P”. Your plan will be filled when a Vendor sells their P2P for the price you introduced.

Step 5 – Withdraw {P2P Coin (P2P)|(P2P) P2P Coin}

Unless you are regularly trading, never keep your crypto coins on an Crypto Trader for an extensive time frame. In order to withdraw your {P2P Coin (P2P)|(P2P) P2P Coin}, go to the tab called “Funds” and click on “Withdraw”. {P2P Coin (P2P)|(P2P) P2P Coin} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {P2P Coin (P2P)|(P2P) P2P Coin} by using the provided drop-down box. Enter the quantity of {P2P Coin (P2P)|(P2P) P2P Coin} you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address.

If you are glad, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Congrats! You've successfully bought and stored P2P Coin (P2P) in Austria.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your take off using Ethplorer.io or Etherscan.io and the {P2P Coin (P2P)|(P2P) P2P Coin} is stored in your wallet, you're all done.

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