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 ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Sai (SAI) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate Sai (SAI) Once your deposit has been verified, you will immediately have access to your funds and you can initiate buying and trading. To purchase Sai (SAI) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To find Sai (SAI), you will need to put the short name of the asset (SAI) into the search box, which is highlighted in the image. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “SAI/BTC” to progress.
Step 4 – Acquisition of Sai (SAI) After you have discovered Sai (SAI), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are making our own Limit Order. The ”Price” field will be filled with the most up-to-date tariff Sai (SAI) was traded for. You can change this to your preferred rate. The ”Amount” field is the amount of SAI you like to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete amount of SAI. When you're happy, make a mouse click on “Buy SAI”. Your plan will be filled as soon as a Seller trades their SAI for the price you introduced.
Step 5 – Withdraw Sai (SAI) Unless you are regularly trading, best advise is not to keep crypto on an Exchange for an extended time period. To withdraw your Sai (SAI), go to the tab called “Funds” and mouse click on “Withdraw”. Sai (SAI) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Sai (SAI) by using the given drop-down box. Put into the amount of Sai (SAI) you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. If you're satisfied, click “Submit”. You could be asked for email/phone verification before a take off.