Welcome all to our guide very first AltCoin Guide.
The Altcoin wij will be discussing today is PacCoin (pac). Ter its early days pac commenced out spil your promedio cryptocoin project with big wishes and no go after through. Spil of late a fresh development team has taken overheen the project and spil a result the project is thriving te the right direction.
The current market value of Pac is $9.1e-7 USD which equals 0.00000090 , which is 9 millionths of a cent. The basic idea ter any market is to buy low and sell high. When wij purchased PAC it wasgoed worth $Four.0e-7 USD almost doubling its value. The dev team at Pac has a serious project. Their charts indicate rente and the coin ter moving up steadily. The risk is also very very minimal. For approximately $Ten.00 USD you could be the proud holder of Ten,000,000 pac. Which is excellent. On March 1st 2018. PAC will off a coin redemption program ter which you will trade ter your old coin for there fresh coin with fresh advancements at a rate of 1000 to 1. This also reduces the enormously high total supply from Trio trillion to Trio billion of coins available. Your Ten,000,000 will become Ten,000 ter a stronger market tradeable against Bitcoin.
If your te the United States this can become a little tricky but don&rsquo,t worry wij will take this one step at a time. To purchase PAC or any cryptocurrency an exchange is used. Fresh regulations have made it increasingly difficult to add currency to most exchanges. Fortunately San Francisco based Coin Colchoneta permits to purchase Bitcoin Ethereum or Litecoin for this guide wij will purchase Bitcoin. To purchase Bitcoin register an account at Coin Colchoneta . Go after our indepth guide to sign up on with CoinBase.
Go to wallets listig on the Yobit instrumentenbord.
Where you see BTC click the + under the deposits katern.
A window will popup with your deposit address for online Yobit Wallet. Select your address, copy it.
Login to your Coinbase account.
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click send on BTC wallet.
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Merienda amount is ter confirmed ter your Yobit wallet you can make your very first trade.
The very first Trade should be exchanging BTC to USD. Why? The smallest amount of a single Bitcoin is worth thousands times more than a one dollar bill. Approximately $Legitimate,000 to 1.
Select Market ter YoBit instrumentenbord.
Te the Market search buffet type btc/usd
Now you are at the trading screen For BTC/USD
To sell your BTC come in the amount you wish to sell ter the amount opbergruimte. If you click the blue comprobación te the sell katern your total arqueo will be listed te the Amount field. The Price lists the current price that BTC is selling for. You can adjust the price to sell at any set price. For example if you want to set a $20,000 price point which is overheen the market value of $18733.Ten (example pic) your btc coin or purchase will only be able to sell merienda the market reaches 20,000 or someone wants to buy the a climb on you have listed.
Below are the Buy Orders which is the current price someone is willing to pay for btc at that ogenblik. If you click on any buy order price and order will adjust and you will beable to see how much BTC a trader is willing to buy and at what price point.
After selling you will see a ended order and your USD balanceo will reflect your Total-Fee amount. The toverfee for trading BTC to USD is 0.2%.
Now wij can start to purchase PacCoin.
go to the Market Verbinding.
Type PAC into Search Opbergruimte. Select PAC/USD Market.
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At the top of the Trade screen the trade market is listed PAC/USD , Last 0.00000122 is the last selling price for an individual coin, 24High: 0.00000122 is the highest price a single PacCoin has sold ter the last 24 hours. and 24Low: 0.00000080 is the lowest price a single PacCoin has sold for te 24 Hours. The graph is call a Candlestick Chart, it displays switches ter the market during a specified time.
Now its time to concentrate on the Buy katern. Te the row below wij have a list of Sell Order&rsquo,s, the current Price a trader is will to sell a PacCoin. You have the listed price, Amount of PacCoin at the listed price and then the total of what it will it will cost for that utter amount of PaCcoin. When you click on a sell order, the order will stir to the Buy window displaying the amount plus the toverfee for the transaction.
When you are ready click the buy order and you will have purchased your very first PacCoin. Now what to do with it? Well, your safest bet is to transfer your PacCoins to a wallet off the exchange to secure your coins. And to Stake your coins. Click here to learn how to transfer to a secure wallet and Stake your PacCoins.
Things to consider.
Q: What if I feel the price is to high and may druppel?
A: You can Create a Buy Order by listing a lower price then the market is presently and if the market dips another trader may fulfill your order. It is possible your order may never be pack and to free your funds you will have to pantalla the order ter the Trade History katern or ter the orders tapkast on the top menukaart.
Q: I want to buy more Coins but they aren&rsquo,t all available at the price I just purchased at or want?
A: Create Buy Order or check different Market such spil PAC/DOGE. To trade ter the PAC/DOGE Market you will have to trade BTC or USD for Dodge.