A Step-by-Step-Guide on how to buy SBank (STS)
Step 1 – Join Kraken You'll first need to buy units of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and getting Ethereum or Bitcoin.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. SBank (STS) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate SBank (STS) As soon as your deposit has been confirmed, you'll directly have access to your assets and you can launch purchasing and trading. To invest in SBank (STS) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. To discover SBank (STS), you'll need to put the cointype (STS) into the search box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we have highlighted this too. Click on “STS/BTC” to proceed.
Step 4 – Purchase SBank (STS) Once you have found SBank (STS), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are making our Limit Order. The field with the “Price” tag will be filled automatically with the most recent valuation SBank (STS) was sold for. This can be changed to your preferred price. The ”Amount” field is the quantity of STS you wish to buy. The ”Total” field is the total price in BTC that you will settle for the complete quantity of STS. When you're glad, click on “Buy STS”. Your order will be filled when a Vender trades their STS for the price you gave.
Step 5 – Withdraw SBank (STS) Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an longer time frame. To withdraw your SBank (STS), go to the ”Funds” tab and click on “Withdraw”. SBank (STS) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find SBank (STS) by using the given drop-down box. Enter the quantity of SBank (STS) you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.