If you have any interest to buy Peercoin ( PPC ), you will be required to have either Bitcoin abbreviated as ( BTC ) or Ethereum ( ETH ) for trade purposes. I have reviewed the major cryptocurrency exchange Binance in this post to help you determine the best sites to buy cryptocurrency using a credit circuit board or bank score. Take a read and get tips on the best cryptocurrency trade .
Step 1: How to create a Binance account:
1.1 Visit Binance’s Website (https://www.binance.com/en)
Sign Up Binance now There have been several phishing cases reported over the past years that are imitations to the original locate, it is substantive to scrutinize the URL to the web site keenly. First, be on the lookout for the ‘ Secure ’ certificate that should pop up in your address bar and that acts as a confirmation of the web site ’ second genuineness. Second, to be extra safe while trading on the platform, ensure to bookmark the authentic site to evade any confusion in future searches .
1.2 Fill in your trading details
You have to fill in your details by going to the ‘ ’ Register ” pill found in the right-hand corner of the web site ’ s foliate and meet in your deal details. For case, you will need to fill in your mobile number or you choose to use your electronic mail savoir-faire. For the electronic mail address, it is necessary to use your independent e-mail that you can access easily and the most secure one since you will need it to sign in to your Binance account always .
You besides need to choose a strong password for your e-mail ; a strong password should comprise a mix of numbers, symbols, upper berth and lower-case letters. You will receive a 6-digit code via the electronic mail you provided as your report ’ south confirmation code and for completing the registration process .
1.3 Allow 2FA-Two-factor authentication (Optional)
To make your account more secure you need to allow use of a two-factor authentication after your first logarithm in. Trust me ; it is critical to set up the 2FA because it makes your account more secure from any hacking bodily process !
Every time you log in with the two-factor authentication, you will need to provide a singular code once your type in your e-mail and password. To get your singular code, use the Google appraiser app downloaded into your smartphone .
Step 2: Buying your first Bitcoin (BTC)
To send money to your Crypto wallet account on Binance either immediately via your bank account through SWIFT money transfer or you can opt to use your debit/credit circuit board. For this contribution, I will guide you on how to use your credit card .
Binance previously didn ’ deoxythymidine monophosphate allow the use of credit or debit cards on its platform, but the same has been introduced. Binance partnered with Simplex to allow its users to use their citation and debit cards to buy Bitcoin or Ethereum. This has led to faster Crypto transaction speeds, abject transaction charges, and more transaction flexibility .
I highly recommend buying Bitcoin first and then trade it for the correct sum of Peercoin ( PPC ) .
It is easy to purchase Bitcoins via your credit menu but I will elaborate on best ways you can do it step-by-step to make surely you understand all the trading kernel .
- Move your mouse’s cursor to ‘Buy Crypto’ tab found on the top bar and activate the dropdown menu. Then choose the currency, For instance, US Dollars, and click the ‘Credit/Debit Card’ to lead you to the next step.
- You be led to the next page; in this page you will see options to choose the desired Bitcoin (Select BTC), and the amount you need to spend to buy your choice Bitcoin amount. The total amount you need to spend will be displayed according to the Bitcoin amount you request and the matching market price at that time (inclusive of all fees). However, you can choose to first set the total charge then the system will automatically calculate the order amount for you.
- Fill in your credit card details and personal information too. Once done, you need to click “Pay now” and give it a moment to verify your details.
- You will be required to verify your email and phone number if it happens to be your first simplex payment via a code send through your email or an SMS. Complete the verification process by opening the link in your email and type in the code you receive via SMS. Once you do all the above, you can click “Continue”.
- Verification of identity follows next via the use of an official document. Basically upload your identification document photo accompanied by your personal details and click the “Upload Document” tab.
last, your personal text file will be approved once verified by the system and an e-mail station to show the ratification of ordering buy. Subsequently, your Binance account is credited with the buy BTC or Ethereum .
Step 3: Transferring Your Cryptos to an Altcoin Exchange Bittrex
now, let me guide you on how to purchase Peercoin ( PPC ) using your investment from Binance .
But remember you can not trade every crypto in Binance you will have to transfer your coins to an exchange that Peercoin ( PPC ) can be traded. So I will guide you to Bittrex which is a celebrated exchange to trade altcoins. Use the link below to register your new account .
Sign Up Bittrex now If you have completed similar processes as we ’ ve done before with Binance you now are ready to transfer your Bitcoins .
Step 4: Depositing BTC to Exchange
If you have finished creating your new trade account setup at one of the exchanges that trades Peercoin ( PPC ), you will need to transfer your BTC from Binance to that specific rally. This is done via a wallet system .
You besides need to click “ Holdings ” on the crown right menu .
look for “ BTC ” from Token section and copy the given “ Deposit Address ”
This process may be unmanageable a little sting but don ’ thymine worry, it is simpler than a trust transfer .
After you have copied your alone BTC wallet address go back to Binance .
You have to move your cursor to “ Wallet ” on the correct hand side of the topbar and once the popup shows up, click on “ Fiat and Spot ( Deposit & Withdrawal ) ” .
look for BTC in the number and chatter on “ Withdraw ” on the right hired hand english .
then, you have to paste the lodge address you merely copied from the other exchange and choice BTC as the transfer network. then type the total that you want to withdraw ( you may click the Max button if you want to withdraw all ) .
After you have done the above, cluck on the Submit button to begin with the coitus interruptus serve. If you need to continue with the withdrawal, Binance may ask you for your 2-Factor Authentication code and besides you will have to confirm the withdrawal with an electronic mail.
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That is all you are required to do, then you should wait for a few seconds so that the blockchain to confirm your transaction .
Step 5: Trading Peercoin (PPC)
You now need to go back to Bittrex to buy Peercoin ( PPC ) with the Bitcoins you sent over there .
You need to look for “ Markets ” and chink that button and you will see altcoins list .
On your leftover side, there is a colum in which you have to make indisputable you select “ BTC ” pair and in the search cake type in “ PPC ”. If you have already moved your coin pawl on it and immediately you will see a price postpone of PPC/BTC in the center of the page. then select the “ Market ” check as that is the simplest way of buying orders. You can either character in your measure or choose what helping of your BTC down payment you would like to spend on buy, by clicking on the share buttons .
When you have confirmed all details, click “ Buy PPC ”. nowadays you have merely bought your own PPC !
Other Exchanges to Buy Cryptos
The follow are other sites you can buy from these exchanges :
HotBit ( Which permits US investors )
MXC ( This exchange allows US investors )
On peak of the above-listed exchanges, there are some more common crypto exchanges where daily trade volumes and a huge drug user foundation is available. This helps to ensure that you can sell your coins any clock time you want and the charges for the trade are not high. It is recommended that you should besides register on these exchanges because whenever Peercoin gets listed there it give the traders who have already registered a large total of deal volumes, that means you will be provided with some bang-up trade opportunities !
Final Step: How to Store Peercoin securely in hardware wallets
1. Ledger Nano S
- Easy to set up and has a friendly trading interface.
- Allows use on desktops and laptops
- Lightweight and Portable too
- Has been designed to Support most blockchains and a wide range of (ERC-20) tokens
- Has many trading languages.
- Designed by a well-established company found in 2014 with great chip security
- It is not expensive but can be acquired at affordable price
Buy Ledger Nano S now
2. Ledger Nano X
- It made with a more advanced and secure element chip (ST33) than Ledger Nano S
- Has an easy design that allows the use on desktop or laptop, or even smartphone and tablet through Bluetooth connection.
- Also Lightweight and Portable and has a built-in rechargeable battery
- Has a Larger screen
- Comes with more storage space compared toLedger Nano S
- It supports most blockchains and wide range of (ERC-20) tokens
- Provides several languages for every customer
- It was designed by a famous company found in 2014 with great chip security
- Can be obtained at an affordable price
Buy Ledger Nano X now If you silent have plans to stay at hodl ” as some people call it, basically misspelt “ hold ” ( which become celebrated as time passes ) your Peercoin for some long time, you need to find ways to ensure it stays condom safe ,
however Binance is the most safe cryptocurrency rally, in the past few years there have been hacking incidents and funds were lost. Because of the design of the wallets in exchanges, they will be accessible constantly via the internet ( “ Hot Wallets ” as they are called ), therefore exposing certain aspects of weaknesses .
therefore safeguard your cryptos by putting them in “ Cold Wallets ”, where the wallet will only have access to the blockchain ( or simply “ go on-line ” ) when you send out funds ,. This reduces the chances of being hacked. For example, use a paper wallet which is a type of release cold wallet. It can besides be defined as an offline-produced pair of public and private address and that you write on a paper for keeping safely with you. But, it is not permanent and may be faced by certain risk .
thus, Hardware wallet is therefore the best compared to cold wallets. Since they are normally USB-enabled devices that can hold the identify information of your wallet in the safest manner. besides they are designed using military-level security and their firmware ’ s are continuously upgraded by their manufacturers and this makes them extra safe to use. For exemplar, Ledger Nano S and Ledger Nano X and are most park hardware wallets, you can buy one at $ 50 to $ 100 depending on the specifications they have. I highly recommend these for holding your assets because these wallets are a worthy every penny according to my experience and opinion .
Frequently Asked Questions
Is it possible to buy Peercoin with cash?
The answer is No. Because there is no way you can immediately buy Peercoin with cash. But, using marketplaces such as LocalBitcoins to first buy Bitcoin, and completethe rest of the steps by transferring your bitcoin to respective AltCoin exchanges .
How do I Buy Bitcoin from local sellers?
You can go to LocalBitcoins that is a peer-to-peer Bitcoin central. It is more of a marketplace where users can buy and sell Bitcoins to and from each other. Users, known as traders, make advertisements to show their monetary value and the payment method they want used. then buyers buy from the traders to buy from sellers in a particular nearby region on the platform. LocalBitcoins is after all a good place to go to buy Bitcoins when it is impossible for you to find your front-runner requital methods somewhere else. The web site ’ s prices are eminent and you have you have to be supernumerary careful to avoid conmen .
What are the quickest ways I can buy Peercoin while living in Europe?
While in Europe you have the advantage of buying cryptos in an comfortable and quick way. Because Europe has even on-line banks which help buyers to simply open an account and transfer money to exchanges such as Coinbase and Coinmama. such banks which are coarse as on-line banks in Europe are Bunq, N26 and Revolut .
Can I use alternative platforms to purchase Peercoin or Bitcoin with credit cards?
Yes you can, you just need to visit Changelly which an easy to trade in web site particularly when it comes to buying Bitcoin with citation cards. It provides an automatic pistol cryptocurrency central that gives a buyer the opportunity to exchange crypto fast and buy them using credit calling card. It has been designed to allow users to have comfortable crypto buying since it has a elementary drug user interface and provides instructions that are easy to follow excessively .
Peercoin ( PPC ) is a cryptocurrency. Users are able to generate PPC through the serve of mining. Peercoin has a current issue of 26,705,370.67800035. The survive know price of Peercoin is 0.45066483 USD and is polish -0.29 over the last 24 hours. It is presently trading on 17 active market ( s ) with $ 56,555.96 traded over the last 24 hours. More data can be found at hypertext transfer protocol : //www.peercoin.net .
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