But we are not done even, since KLV is an altcoin we need to transfer our BTC to an exchange that KLV can be traded, here we will use Gate.io as our exchange. Gate.io is a popular exchange to trade altcoins and it has a bombastic number of tradable altcoins pairs. Use the yoke below to register your new account. Gate.io is an american cryptocurrency exchange that launched 2017. As the exchange is American, US-investors can of course trade here and we recommend US traders to sign up on this exchange. The exchange is available both in English and Chinese ( the latter being identical helpful for chinese investors ). Gate.io ’ s main deal factor is their wide choice of trading pairs. You can find most of the new altcoins here. Gate.io besides demonstrates an impressive trade volume. It is about every day one of the clear 20 exchanges with the highest trade book. The trade volume amounts to approx. USD 100 million on a daily basis. The top 10 trade pairs on Gate.io in terms of trade volume normally have USDT ( Tether ) as one depart of the pair. so, to summarize the predate, Gate.io ’ s huge numeral of trading pairs and its extraordinary fluidity are both very impressive aspects of this central.
After going through a alike action as we ‘ve done before with Coinbase, you will be advised to set up 2FA authentication a well, finish it as it adds excess security to your account .
Step 4: Deposit BTC to exchange
Depends on the policies of the substitution you might be required to go through another KYC serve, this should normally take you from 30 minutes to possibly a few days maximum. Though the process should be straight-forward and easy to follow. Once you ‘re done with it you should have full access to your exchange wallet.
If this is your first time making a crypto down payment, the screen here may look a spot chilling. But do n’t worry, it ‘s basically simpler than making a bank remove. At the box on the right, you will see a string of random numbers saying ‘BTC address ‘, this is a unique public address of your BTC wallet at Gate.io and you can receive BTC by giving this address to the person to send you the funds. Since we are nowadays transferring our previously bought BTC on Coinbase to this wallet, pawl on ‘Copy Address ‘ or right-click on the full cover and snap replicate to grab this address to your clipboard. nowadays head back to Coinbase, go to Portfolio page and click on BTC on your asset list, then click on ‘Send ‘ on the right.
Under the Recipient field, paste the wallet address from your clipboard, for security consideration you should always check if both addresses are matching. It is known that there are certain computer malware that would alter the message in your clipboard into another wallet address and you will be basically sending funds to another person. Click ‘Send ‘ to proceed, you should receive a confirmation e-mail instantaneously, pawl on the confirmation connect in the e-mail and your coins are on the means to Gate.io !
now go spinal column to Gate.io and question to your exchange wallets, do n’t worry if you have n’t seen your deposit here. It is probably however being verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the net dealings condition of the Bitcoin network, during busy times it may take even longer. You should receive a confirmation presentment from Gate.io once your BTC has arrived. And you are now ultimately cook to purchase KLV !
Step 5: Trade KLV
Go back to Gate.io, then go to ‘Exchange ‘. boom ! What a view ! The constantly jerk figures might be a sting chilling, but loosen, let ‘s get our heads around this.
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In the right column there is a search bar, now make sure “ BTC ” is selected as we are trading BTC to altcoin pair. Click on it and type in “ KLV ”, you should see KLV/BTC, choose that pair and you should see a price chart of KLV/BTC in the middle of the page. Below there is a box with a green button that says “ Buy KLV ”, inside of the box, choose the “ Market ” pill here as that is the most straight-forward type of buying orders. You can either type in your amount or choose what share of your deposit you would like to spend on buy, by clicking on the share buttons. When you have confirmed everything, click “ Buy KLV ”. Voila ! You have last bought KLV !
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