How to Buy Salmon (SLM)

A Step-by-Step-Guide on how to buy Salmon (SLM)

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to purchase units of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and getting your welcome $10.

Coinbase Free Bitcoin

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

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Salmon (SLM) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide)

Make sure you've selected the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Locate Salmon (SLM)

As soon as your deposit has been approved, you'll directly have access to your assets and you can begin buying and trading. To buy Salmon (SLM) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”.

To spot Salmon (SLM), you'll need to insert the short name of the asset (SLM) into the search box, which is highlighted in the graphic. Make sure you have selected the right grouping, we have highlighted this too. Click on “SLM/BTC” to go ahead.

Binance Hot To Buy Salmon (SLM)
Binance How to Buy (SLM) Salmon
Step 4 – Buy (SLM) Salmon

After you have found (SLM) Salmon, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we are creating our Limit Order.

The ”Price” field will be filled with the most up-to-date tariff (SLM) Salmon was sold for. You can change this to your favoured rate. The ”Amount” field is the volumen of SLM you like to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole volumen of SLM.

When you are glad, make a mouse click on “Buy SLM”. Your plan will be filled when a Vender sells their SLM for the price you submitted.

Step 5 – Withdraw (SLM) Salmon

Unless you are regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive period of time. In order to take off your (SLM) Salmon, hover over the tab called “Funds” and mouse click on “Withdraw”. (SLM) Salmon can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (SLM) Salmon by using the given drop-down box. Enter the amount of (SLM) Salmon you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

When you are satisfied, click on “Submit”. You could be requested for email/phone verification before a withdrawal.

Binance Withdraw

Congratulations! You have successfully bought and safed (SLM) Salmon.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal using Etherscan.io or Ethplorer.io and the (SLM) Salmon is stored within your wallet, you are done.