A Step-by-Step-Guide on how to buy Alchemint (SDS)
Step 1 – Signup to Kraken You will first need to purchase one of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Alchemint (SDS) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find Alchemint (SDS) As soon as your deposit has been affirmed, you will now have access to your finances and you can initiate buying and trading. To buy Alchemint (SDS) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. To spot Alchemint (SDS), you will need to put the cointype (SDS) into the search box, which is highlighted in the image. Make sure you have selected the right grouping, we've highlighted this also. Click on “SDS/BTC” to advance.
Step 4 – Acquisition of Alchemint (SDS) After you've discovered Alchemint (SDS), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are creating our Limit Order. The field with the “Price” tag will be automatically filled with the latest rate Alchemint (SDS) was traded for. You can change this to your preferred rate. The ”Amount” field is the volumen of SDS you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete volumen of SDS. If you're satisfied, click on “Buy SDS”. Your plan will be filled as soon as a Seller trades their SDS for the price you gave.
Step 5 – Withdraw Alchemint (SDS) Unless you are frequently trading, best advise is not to keep your crypto on an Crypto Trader for an extensive time frame. To take off your Alchemint (SDS), go to the ”Funds” tab and mouse click on “Withdraw”. Alchemint (SDS) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Alchemint (SDS) by using the provided drop-down box. Enter the volumen of Alchemint (SDS) you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, click “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.