A Step-by-Step-Guide on how to buy
Step 1 – Signup to Coinmama You'll first need to purchase units of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below to register and to get your Ethereum or Bitcoin.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. () is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate () Once your deposit has been affirmed, you will immediately have access to your finances and you can initiate purchasing and trading. To purchase () on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To discover (), you'll need to put the shortname of the coin () into the search box, which is marked in the image. Be certain of having choosen the proper pairing, we have marked this also. Click on “/BTC” to continue.
Step 4 – Purchase () Once you've spotted (), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our own Limit Order. The ”Price” field will be automatically filled with the most latest price () was sold for. This can be changed to your preferred price. The ”Amount” field is the volumen of you like to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the whole amount of . When you are satisfied, make a mouse click on “Buy ”. Your order will be filled when a Vender sells their for the price you gave.
Step 5 – Withdraw () Unless you're frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer time frame. To withdraw your (), go to the tab called “Funds” and click on “Withdraw”. () can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate () by using the given drop-down box. Put into the volumen of () you would wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address. When you're happy, click “Submit”. You may be requested for email/phone verification before a withdrawal.
Kudos! You've successfully purchased and safed .That's it! Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your take off using Ethplorer.io or Etherscan.io and the () is stored in your wallet, you are done.
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