A Step-by-Step-Guide on how to buy Photon (PHO) in Anguilla
Step 1 – Signup to Coinmama You will first need to buy units of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Photon (PHO) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have chosen the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate Photon (PHO) Once your deposit has been confirmed, you will immediately have access to your assets and you can start buying and trading. To purchase Photon (PHO) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to find Photon (PHO), you'll need to put the cointype (PHO) into the search box, which is highlighted in the picture. Be certain of having selected the proper grouping, we have highlighted this also. Click on “PHO/BTC” to proceed.
Step 4 – Purchase Photon (PHO) After you have located Photon (PHO), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to make our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date valuation Photon (PHO) was traded for. This can be changed to your favoured rate. The ”Amount” field is the volumen of PHO you want to buy. The ”Total” field is the total price in BTC that you will settle for the whole quantity of PHO. If you are happy, make a mouse click on “Buy PHO”. Your order will be filled as soon as a Seller trades their PHO for the price you submitted.
Step 5 – Withdraw Photon (PHO) Unless you're frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended period of time. To take off your Photon (PHO), hover over the tab called “Funds” and mouse click on “Withdraw”. Photon (PHO) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Photon (PHO) by using the provided drop-down box. Put into the amount of Photon (PHO) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you are glad, click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.
Kudos! You've successfully bought and stored Photon (PHO) in Anguilla.That's it! Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your take off using Ethplorer.io or Etherscan.io and the Photon (PHO) is safe in your wallet, you're done.
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