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How To Buy 2key Network (2KEY) Token – 5 Easy Steps – Exchanges – Wallets

By May 23, 2020No Comments

How To Buy 2key Network (2KEY)

A Step-by-Step Guide

Step 1 -

Signup to Coinbase - Get Free $10

You’ll first need to purchase one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and receive your first $10.

Signup to Coinbase
hotbit exchange deposit
Step 2 -

Send Your Funds To An Exchange

You’ll now need to send your Bitcoin (BTC) or Ethereum (ETH) over to an exchange. All exchanges have a similar deposit method. 2key Network (2KEY) is available on Hotbit, so we’ll use that as an example. Unsure about how to send funds from Coinbase? (Follow this guide)

Make sure you’ve selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, etc. If you are dealing with a Decentralized Exchange such as IDEX, these steps may be different (Follow Our Guide)

Signup to Hotbit
Step 2 -

Send Your Funds To An Exchange

You’ll now need to send your Bitcoin (BTC) or Ethereum (ETH) over to an exchange. All exchanges have a similar deposit method. 2key Network (2KEY) is available on Hotbit, so we’ll use that as an example. Unsure about how to send funds from Coinbase? (Follow this guide)

Make sure you’ve selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, etc. If you are dealing with a Decentralized Exchange such as IDEX, these steps may be different (Follow Our Guide)

Signup to Hotbit
hotbit exchange deposit
Step 3 -

Locate 2key Network (2KEY)

Once your deposit has confirmed, you’ll now have access to your funds and you can begin purchasing/trading. To purchase 2key Network (2KEY) on Hotbit, you’ll want to click on the “Exchange” tab and this will show you a library of coins to select on the left side of the screen.

To locate 2key Network (2KEY), you’ll need to type the coins “ticker” (2KEY) into the search box above the token selection list. Make sure you have selected the correct pairing, you can see that we’ve got “BTC” highlighted already. Click on “2KEY/BTC” to proceed.

hotbit exchange coins
hotbit exchange buy
Step 4 -

Purchase 2key Network (2KEY)

Once you’ve located 2key Network (2KEY), you’ll be presented with a Price Chart (middle) and some Order Books (right). For now, we’re going to create our own Limit Order in the order section highlighted in the picture provided.

The “Price” field will be blank. You will need to either click an order on the order book to the right, or enter your desired bid/price. The “Amount” field is the amount of 2KEY you wish to purchase, you can enter your own amount or a percentage of your holdings with the % buttons. The “Total” below is the total price in BTC that you will pay for the whole amount.

When you’re happy, click “Buy 2KEY”. Your order will be filled when a Seller sells their 2KEY for the price you submitted.

Step 4 -

Purchase 2key Network (2KEY)

Once you’ve located 2key Network (2KEY), you’ll be presented with a Price Chart (middle) and some Order Books (right). For now, we’re going to create our own Limit Order in the order section highlighted in the picture provided.

The “Price” field will be blank. You will need to either click an order on the order book to the right, or enter your desired bid/price. The “Amount” field is the amount of 2KEY you wish to purchase, you can enter your own amount or a percentage of your holdings with the % buttons. The “Total” below is the total price in BTC that you will pay for the whole amount.

When you’re happy, click “Buy 2KEY”. Your order will be filled when a Seller sells their 2KEY for the price you submitted.

hotbit exchange buy
Step 5 -

Withdraw 2key Network (2KEY)

Unless you’re trading, never keep your coins on an exchange for an extended period of time. To withdraw your 2key Network (2KEY), hover over the “Funds” tab and click on “Deposits/Withdrawals”. 2key Network (2KEY) can be safely stored using MyEtherWallet, so we’ll use that. (MyEtherWallet Setup Guide)

Locate 2key Network (2KEY) by using the search box under “Trading Account”. Enter the amount of 2KEY you’d like to withdraw taking into account the fees/minimums shown and make sure the withdraw address you have entered is yours and is correct.

When you’re happy, click “Withdraw”. You may be asked for phone/email verification before a withdrawal can be processed.

hotbit exchange withdraw
Congratulations!

You've Successfully Purchased & Stored 2key Network (2KEY)

That’s it!

Withdrawals from Exchanges can take anywhere from 1-30 minutes depending on network usage. Once you’ve confirmed your withdrawal using Etherscan.io or Ethplorer.io and the 2KEY is safe inside your wallet, you’re all done.

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