A Step-by-Step-Guide on how to buy
Step 1 – Join Coinmama You will first need to purchase one of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and to get your Bitcoin or Ethereum.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. () is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate () As soon as your deposit has been approved, you will directly have access to your finances and you can initiate invest and trading. To invest in () on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. To spot (), you'll need to insert the cointype () into the search box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we've highlighted this too. Click on “/BTC” to proceed.
Step 4 – Purchase () After you have located (), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent valuation () was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole amount of . When you are satisfied, make a mouse click on “Buy ”. Your plan will be filled as soon as a Vender trades their for the price you submitted.
Step 5 – Withdraw () Unless you are regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended time frame. To take off your (), go to the ”Funds” tab and click on “Withdraw”. () can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find () by using the given drop-down box. Enter the quantity of () you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you're satisfied, click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.
Congrats! You've successfully bought and safed .That's it! Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your take off using Ethplorer.io or Etherscan.io and the () is safe within your wallet, you are done.
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