So you’ve learned to buy Bitcoin but don’t have any idea how to get cryptocurrencies? Don’t panic, this guide will help you on how to get cryptocurrency on KuCoin Exchange.
The very first phase is to have a good exchange that enables Bitcoin to be purchased and sold using fiat currency.
The second phase is to find a good exchange that enables you to use Bitcoin to purchase cryptocurrencies. This checklist will go on how to get cryptocurrency on KuCoin Exchange.
How To Buy Cryptocurrency On KuCoin Exchange
Step 1: Sign Up An Account On KuCoin
Simply browse KuCoin to create your account: https://www.kucoin.com/
Once you’ve entered all of the information required, click “next” to activate your account via email.
Step 2: Activate your KuCoin Account
Once your email has been confirmed and it is officially activated, log in by entering your registered email and password.
Step 3: Setup your Google 2FA Verification
For security verification, just enter your Google 2-step verification code
After logging into your account, you will be in this “overview” section under the “Assets” tab.
Step 4: Transfer Bitcoin On KuCoin
Note: You need to fund your KuCoin Account first in order to purchase other cryptocurrencies.
To open the deposit window, click on “Deposit”
To search for a variety of coins, click on the cryptocurrency tab.
Select “BTC” to open your wallet address in the Bitcoin window.
You can either copy your deposit address into the BTC’s exchange/wallet or use the QR code given on the monitor and scan to read the address of the deposit.
The replicated “BTC Deposit Address” is all you need to enter as a recipient since you want to send BTC. For instance, this is where you would paste it within Coinbase.
In CEX.IO, here’s what it seems like:
Step 5: Purchase Cryptocurrency On KuCoin
To open the market window, tap on the “view all trading pairs” button.
Choose the coins/tokens with which you are trading or simply search it on the search bar.
You’re going to be redirected to this screen to input your trading password.
After you’ve successfully entered your trading password, this message box will show:
You can see the latest price for your selected coins/tokens on the order book panel.
Note: KuCoin will buy at the best price possible if you choose to go with the latest price. But you can set the amount you want to buy if you wanted to do a manual input.
Now input the amount of coins/tokens you would like to purchase.
Tap “Buy” (green) button to set your order
For transactions that are still pending, they are recorded below the “Open Orders”.
Once you’ve completed the purchase of a cryptocurrency, you can see quick totals on the “Order History” tab, and sort it to “Completed”.
You can also check your balance on the “Asset” page to see the total balance of all your owned cryptocurrencies.
And that’s the end of our tutorial, you now know how to get cryptocurrency on KuCoin Exchange. It’s very simple and when you get the concept of withdrawing and depositing Bitcoin, you can move your Bitcoin around any exchange and wallet effortlessly.