A Step-by-Step-Guide on how to buy Sai (SAI)
Step 1 – Join Kraken In the beginning you'll need to buy units of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and receive Bitcoin or Ethereum.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Sai (SAI) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate Sai (SAI) As soon as your deposit has been approved, you'll directly have access to your assets and you can initiate purchasing and trading. To buy Sai (SAI) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to find Sai (SAI), you'll need to put the cointype (SAI) into the search-box, which is marked in the image. Make sure you have selected the right grouping, we've marked this also. Click on “SAI/BTC” to advance.
Step 4 – Purchasing Sai (SAI) After you've located Sai (SAI), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most latest tariff Sai (SAI) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of SAI you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole volumen of SAI. If you are satisfied, make a mouse click on “Buy SAI”. Your order will be filled when a Vendor sells their SAI for the price you introduced.
Step 5 – Withdraw Sai (SAI) Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer period of time. To take off your Sai (SAI), hover over the ”Funds” tab and click on “Withdraw”. Sai (SAI) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Sai (SAI) by using the given drop-down box. Put into the quantity of Sai (SAI) you would wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.