How to Buy Waves (WAVES) in Australia

A Step-by-Step-Guide on how to buy Waves (WAVES) in Australia

Step 1 – Join Coinmama

In the beginning you'll need to buy units of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your Ethereum (ETH) or Bitcoin (BTC).

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Waves (WAVES) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to)

Make sure you have chosen the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Locate {Waves (WAVES)|(WAVES) Waves}

As soon as your deposit has been verified, you will instantly have access to your finances and you can launch buying and trading. To invest in {Waves (WAVES)|(WAVES) Waves} on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

To locate {Waves (WAVES)|(WAVES) Waves}, you will need to put the shortname of the coin (WAVES) into the search box, which is highlighted in the image. Be certain of having choosen the right pairing, we have highlighted this also. Click on “WAVES/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Waves (WAVES)
Step 4 – Acquisition of {Waves (WAVES)|(WAVES) Waves}

Once you've located {Waves (WAVES)|(WAVES) Waves}, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to make our Limit Order.

The ”Price” field will be automatically filled with the most up-to-date rate {Waves (WAVES)|(WAVES) Waves} was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of WAVES you want to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the whole amount of WAVES.

When you are glad, make a mouse click on “Buy WAVES”. Your plan will be filled when a Seller sells their WAVES for the price you offered.

Step 5 – Withdraw {Waves (WAVES)|(WAVES) Waves}

Unless you are trading, you should never keepyour crypto coins on an Crypto Exchange for an longer period of time. To take off your {Waves (WAVES)|(WAVES) Waves}, hover over the ”Funds” tab and mouse click on “Withdraw”. {Waves (WAVES)|(WAVES) Waves} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Waves (WAVES)|(WAVES) Waves} by using the given drop-down box. Enter the quantity of {Waves (WAVES)|(WAVES) Waves} you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

When you are glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.

Congrats! You have successfully bought and stored Waves (WAVES) in Australia.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you've proved your take off with Ethplorer.io or Etherscan.io and the {Waves (WAVES)|(WAVES) Waves} is safe in your wallet, you are all done.

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