A Step-by-Step-Guide on how to buy Safex Cash (SFX)
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to buy one of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and to get your welcome 10$.
Step 2 – Transmit Your Funds to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Safex Cash (SFX) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate (SFX) Safex Cash As soon as your deposit has been confirmed, you'll directly have access to your assets and you can start purchasing and trading. To buy (SFX) Safex Cash on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”. To discover (SFX) Safex Cash, you'll need to put the shortname of the coin (SFX) into the search-box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we've highlighted this too. Click on “SFX/BTC” to progress.
Step 4 – Buying (SFX) Safex Cash After you have located (SFX) Safex Cash, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent valuation (SFX) Safex Cash was traded for. You can change this to your preferred rate. The ”Amount” field is the volumen of SFX you wish to purchase. The ”Total” field is the total price in BTC that you'll settle for the whole volumen of SFX. If you're satisfied, click on “Buy SFX”. Your order will be filled as soon as a Vendor sells their SFX for the price you offered.
Step 5 – Withdraw Safex Cash (SFX) Unless you are regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extended time period. To take off your Safex Cash (SFX), hover over the tab called “Funds” and click on “Withdraw”. Safex Cash (SFX) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Safex Cash (SFX) by using the provided drop-down box. Enter the quantity of Safex Cash (SFX) you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you are happy, click “Submit”. You may be requested for verfication via phone/email before a withdrawal.