You probably already know about our new Noah Tools platform. If you have not heard of it yet, we recommend that you check it out. The platform offers truly unique opportunities. We already wrote about one of them — the creation of your own coins. To learn the details of Coiner, we suggest you read this detailed guide. But there are other equally useful and exciting features. Today we will share with you how to use the Exchange.
Let’s imagine that your friend created his own cryptocurrency and you need to buy it. The Exchange is created for that purpose. Moreover, any exchanges of cryptocurrencies minted with Coiner are in this section of the Noach Tools platform. So let’s see how it works.
How to exchange your crypto
We want to say right away that NOAH coins are involved in all processes in one way or another. Even if you’re exchanging one minted coin for another the price will be calculated relative to NOAH. Now, when you know this info, let’s move on to the guide itself.
First of all, you need to have an account on the Noah tools platform. We have already shared how to get it in the fastest way in this detailed guide. There you will learn how to refill your account too. The next step is to open the Exchange.
You will see two forms: SELL COINS and BUY COINS. In general, you can do whatever you want, e.g. sell NOAH for any custom coin or vice versa, instantly. There is no limit for operations between minted coins too.
If you want to sell coins, then the process will be next:
- Select coins to sell.
- Enter the amount.
- Choose coins to get.
- Press the Sell button.
In the pop-up window, you will only need to confirm the operation. Congratulations, the exchange is successful!
To buy coins is as easy as to sell. The procedure will be as follows:
- Select coins to buy.
- Enter the amount.
- Pick coins to spend.
- Press the Buy button.
After that, you only have to confirm the purchase by pressing Confirm.
The additional details
Pressing the Additional mode button will open two more options:
- Message. Any additional information about the transaction. Please note it will be stored on the blockchain and visible to anyone. May include up to 1024 symbols.
- Coin to pay a fee. You can choose the same coins that you are using for this operation or pick NOAH to pay a fee.
The simplest way of exchanging
That’s pretty much it. We hope the Exchange feature is now clear and simple for you. It’s really useful if you need to switch from one coin to another with no effort. Use it in combination with other unique features of the Noah tools platform and let you cryptocurrency work in an effective way.
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