A Step-by-Step-Guide on how to buy sUSD (SUSD)
Step 1 – Join Kraken You'll first need to buy units of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. sUSD (SUSD) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate sUSD (SUSD) As soon as your deposit has been confirmed, you'll directly have access to your finances and you can launch invest and trading. To invest in sUSD (SUSD) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To find sUSD (SUSD), you'll need to put the cointype (SUSD) into the search-box, which is marked in the image. Make sure you have selected the proper pairing, we've marked this too. Click on “SUSD/BTC” to progress.
Step 4 – Acquisition of sUSD (SUSD) As soon as you've discovered sUSD (SUSD), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to create our Limit Order. The field with the “Price” tag will be automatically filled with the latest rate sUSD (SUSD) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of SUSD you want to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the complete amount of SUSD. When you are glad, make a mouse click on “Buy SUSD”. Your plan will be filled when a Vendor trades their SUSD for the price you submitted.
Step 5 – Withdraw sUSD (SUSD) Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer time frame. To withdraw your sUSD (SUSD), hover over the ”Funds” tab and click on “Withdraw”. sUSD (SUSD) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate sUSD (SUSD) by using the provided drop-down box. Put into the amount of sUSD (SUSD) you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. If you're glad, click on “Submit”. You may be asked for phone/email verification ahead of a take off.