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 – Transfer Your Bitcoin or Ethereum to an Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Sai (SAI) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate Sai (SAI) As soon as your deposit has been affirmed, you will instantly have access to your finances and you can initiate invest and trading. To buy Sai (SAI) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To discover Sai (SAI), you'll need to put the cointype (SAI) into the search box, which is marked in the picture. Be certain of having choosen the proper grouping, we've highlighted this too. Click on “SAI/BTC” to continue.
Step 4 – Buy Sai (SAI) Once you have discovered Sai (SAI), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're creating our own Limit Order. The ”Price” field will be filled with the most up-to-date valuation Sai (SAI) was traded for. You can change this to your favoured rate. The ”Amount” field is the volumen of SAI you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete quantity of SAI. When you are happy, click on “Buy SAI”. Your plan will be filled when a Vender sells their SAI for the price you introduced.
Step 5 – Withdraw Sai (SAI) Unless you're frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended period of time. To withdraw your Sai (SAI), go to the tab called “Funds” and mouse click on “Withdraw”. Sai (SAI) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Sai (SAI) by using the provided drop-down box. Enter the amount of Sai (SAI) you'd wish to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. If you are satisfied, click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.