A Step-by-Step-Guide on how to buy SAKECOIN (SAKE)

Step 1 – Signup to Kraken

You will first need to buy one of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and receive BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. SAKECOIN (SAKE) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide)

Make sure you've chosen the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Find SAKECOIN (SAKE)

Once your deposit has been affirmed, you will immediately have access to your assets and you can initiate invest and trading. To invest in SAKECOIN (SAKE) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

In order to discover SAKECOIN (SAKE), you will need to put the cointype (SAKE) into the search box, which is marked in the image. Be certain of having choosen the proper grouping, we've marked this also. Click on “SAKE/BTC” to go ahead.

Binance Hot To Buy SAKECOIN (SAKE)
Binance How to Buy (SAKE) SAKECOIN
Step 4 – Buy SAKECOIN (SAKE)

After you have spotted SAKECOIN (SAKE), 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 are making our own Limit Order.

The field with the “Price” tag will be automatically filled with the latest valuation SAKECOIN (SAKE) was sold for. This can be changed to your desired price. The ”Amount” field is the quantity of SAKE you wish to purchase. The ”Total” field is the total price in BTC that you will settle for the whole quantity of SAKE.

When you are glad, make a mouse click on “Buy SAKE”. Your order will be filled when a Seller trades their SAKE for the price you submitted.

Step 5 – Withdraw SAKECOIN (SAKE)

Unless you're trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extensive time period. In order to withdraw your SAKECOIN (SAKE), hover over the ”Funds” tab and mouse click on “Withdraw”. SAKECOIN (SAKE) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate SAKECOIN (SAKE) by using the provided drop-down box. Enter the quantity of SAKECOIN (SAKE) you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address.

If you're happy, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.

Binance Withdraw

Kudos! You have successfully bought and safed SAKECOIN (SAKE).

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your take off with or and the (SAKE) SAKECOIN is safe in your wallet, you are finished.